Ecommerce Data Loss & Its Business Impact
The amount of work that goes into building a store is extensive. It can take weeks to build and months to fine-tune it. Think of all the sections involved; themes, customer orders, inventory, menu navigation and product pages. Some stores have thousands of skus. This means thousands more photos and product descriptions.
What would happen if it all disappeared in a heartbeat? The 2020 Ecommerce Data Protection Report has shown that 1 in 4 stores have or will face some type of data disaster. Certainly there would be an impact on an ecommerce store’s day-to-day?
We surveyed nearly 300 ecommerce stores about what would happen if they lost vital ecommerce data in their business. 19% said there would be a total collapse of the business. But that’s just the start of the story. This infographic breaks down why data loss has an instant impact on sales and operations.
This article originally appeared in the Rewind.io blog and has been published here with permission.