Korona

FEBRUARY 9, 2023

Use Product Returns to Your Advantage And Offer Free Shipping Another way to improve your retail store’s performance is to implement lenient return policies. Free shipping leads to more orders. Implement Loyalty Programs Retaining an existing customer costs up to five times less than gaining a new one.

Improvements 98

Improvements Payment Services POS Payments 98

Ecommerce Platforms

JUNE 20, 2022

There's a reason so many subscription-based business models seem to be popping up. It's tough to break through with a successful product, but the rewards are enormous, with cash flow benefits, brand loyalty, and clear revenue projections on a regular basis. Guaranteed, Recurring Revenue.

Subscription 220

Subscription Shipping Costs Merchant Services Payment Services 220

lateshipment

AUGUST 13, 2021

This means a huge opportunity for your dropshipping store to cross your sales target and break your revenue records. Dropshipping is gaining momentum and slowly becoming a more preferred choice than traditional eCommerce businesses as it helps businesses profit by selling products online without managing inventory on their own.

Shipping Costs 130

Shipping Costs Payment Services Shipping Social Media 130

MagentoBrain

MARCH 20, 2023

With an online store, small businesses can sell to customers anywhere in the world, breaking down geographical barriers that traditional retail may face. This can lead to increased sales and revenue, which can help small businesses grow and expand their operations.

Small Business Retail 52

Small Business Retail Payment Services Shipping Costs eCommerce 52

FastSpring

APRIL 11, 2019

In addition, scaling into international markets can become a more viable strategy for growing your business. Selling software as a physical product can be challenging when you’re forced to figure out how to distribute your product to international customers. Maximized Revenue Potential.

Subscription 99

Subscription Payment Services Payments Shipping Costs 99

ESW

JUNE 26, 2018

one month), take your total revenue figure and divide that by the total number of orders you received. If your revenue is increasing in general, then perhaps your customers are simply telling you they don’t mind placing multiple orders. When shipping, taxes and other fees seem too high for buyers, they bounce.

Payment Services 96

Payment Services X-cart Shipping Costs eCommerce 96

ChannelAdvisor

FEBRUARY 27, 2023

It’s the same with your e-commerce strategy. E-commerce KPIs are measurements that allow you to assess the success or failure of your digital strategy. Average order value (AOV) Average order value is the average amount your customers spend per order. Net profit Calculating net profit is basic business.

eCommerce 52

eCommerce X-cart Shipping Costs Payments 52

ChannelAdvisor

FEBRUARY 27, 2023

It’s the same with your e-commerce strategy. E-commerce KPIs are measurements that allow you to assess the success or failure of your digital strategy. Average order value (AOV) Average order value is the average amount your customers spend per order. Net profit Calculating net profit is basic business.

eCommerce 52

eCommerce X-cart Shipping Costs Payments 52

AcquireConvert

NOVEMBER 24, 2022

Ecommerce businesses need to test different versions of the calls to action, for instance. Address verification service (AVS): a service used by credit card processors to verify that the billing addresses of customers match the addresses on their credit card statements. and select the one(s) with the best conversion rate(s).

Payment Services 36

Payment Services eCommerce Payments Shipping Costs 36

ROI Revolution

OCTOBER 7, 2022

In this article, we’ll be sharing eight tests you can implement to make sure your brand gets its share of the holiday revenue pie this year. Audiences this time of year are hoping to maximize savings, and they want a quick and easy checkout process. One way to achieve this goal is to attract more customers. Consistent Messaging.

eCommerce 78

eCommerce Payments Payment Services Mobile 78

Ecommerce Platforms

JANUARY 13, 2022

They discovered the incredible benefits of selling Photoshop (and all of their other software) as a monthly/yearly subscription instead of a onetime payment product. And those benefits ring true for just about every subscription business: Subscriptions attract more customers. Launch an Online Store on Shopify.

Subscription 104

Subscription Shopify Payment Services Merchant Services 104

365 Retail

NOVEMBER 14, 2022

In order to maximise ROI and end the year on a high, eCommerce brands and retailers need to avoid common mistakes and leverage these key calendar dates to generate revenue and get 2023 off to a strong start. Using a sound PPC and SEO strategy to support enticing promotions is a surefire tactic to create a buzz around your brand early on.

Payment Services 57

Payment Services Shipping Costs Merchant Services Order Fulfillment 57

Kissmetrics

AUGUST 6, 2021

It costs 5X less to retain a customer than it does to acquire a new one. That’s why customer retention is crucial to growing your Ecommerce business. What is customer retention? Customer retention is the ability to encourage customers to keep coming back to make purchases.

Customer Retention 302

Customer Retention Customer Payment Services BigCommerce 302

Payoneer

FEBRUARY 22, 2023

Nigeria’s ecommerce market is rapidly growing and is projected to generate a revenue of US$7,627 million by the end of 2023, making it the 39th largest ecommerce market globally. of Nigerian ecommerce revenue. million in revenue in 2021. of the revenue for Nigeria’s top 100 online stores.

Payment Services 26

Payment Services Payments eCommerce Cryptocurrencies 26

Kibo

FEBRUARY 3, 2023

Whether you’re a B2B company selling recurring services or a DTC company selling product subscriptions, customer retention and happiness are at the core of a successful business. In this article, we’ll outline four strategies to help boost your retention rate and discuss how technology will help you implement these strategies.

Customer Retention 62

Customer Retention Subscription Payment Services Customer 62

GetElastic

OCTOBER 6, 2021

For many businesses, adding a third-party seller model to their Go-to-Market strategy was already a serious consideration, but it has become more top of mind due to the driving changes of COVID-19 on consumer buying behaviors. This has been great for offering new strategies for businesses looking to enter the marketplace ecosystem.

Payment Services 78

Payment Services Merchant Services eCommerce Shipping Costs 78

Omnisend

APRIL 26, 2021

Check out how Black Mango generates 43% of their email revenue effortlessly. We’ll also look at some furniture ecommerce best practices, so you can learn how to easily and effectively incorporate these trends into your own strategy. Personalization in marketing has quickly become a customer expectation.

eCommerce 135

eCommerce Social Media Merchant Services Shopify 135

lateshipment

FEBRUARY 10, 2021

To keep up with the rise in eCommerce and the sound change in consumer behavior (which is changing rapidly), businesses need to put “customer experience (CX)” at the center of their growth and retention strategies. In-store experiences are human-led, with greater control and empathy towards customer needs and grievances.

Improvements 130

Improvements Customer eCommerce Shipping Costs 130

lateshipment

FEBRUARY 10, 2021

To keep up with the rise in eCommerce and the sound change in consumer behavior (which is changing rapidly), businesses need to put “customer experience” at the center of their growth and retention strategies. The Big Post-Purchase Customer Experience Gap in Online Retail (And What.

Improvements 130

Improvements Customer Shipping Costs Shipping 130

Lemonstand

APRIL 17, 2018

For example, Banish generated $3 million annual recurring revenue by simply offering the option of subscription for their products. These companies are the ones that have used subscription box services to build a massive audience and even more massive revenue. Putting your payments on autopilot was a bit… well, scary.

Subscription 78

Subscription Payment Services eCommerce Platforms Payments 78

FastSpring

MARCH 15, 2021

While implementing a subscription model means ongoing revenue, it also brings up many challenges for managing those subscriptions. You have to create a subscription-friendly product, infrastructure, marketing plan, and customer retention plan. Why Shift to a Subscription Revenue Model. Stronger Customer Relationships.

Subscription 147

Subscription Payment Services Shipping Costs Payments 147

Omnisend

SEPTEMBER 29, 2021

One of the best ways to do this is by increasing customer retention rates. In this article, we’re going to discuss the best ways to identify customers that are an immediate ecommerce churn risk. Using churn management strategies you’ll be able to quickly prioritize your marketing efforts toward these high-risk customers.

Customer 148

Customer Customer Retention Social Media Merchant Services 148

lateshipment

APRIL 6, 2023

Businesses must adopt a pipeline strategy, relying on data analytics and dynamic creative optimisation to boost conversions and produce an easy-to-use website experience. Repeat customers are receptive to more: They’re eager to test out new goods and services from a company they already know and respect.

eCommerce 130

eCommerce Customer Payment Services Shipping Costs 130

Ecommerce Platforms

FEBRUARY 13, 2020

The store owner, instead, forwards customers’ orders to the supplier who completes the fulfillment process by shipping the products directly. Transferring your customers’ sales to the supplier means you don't have to bear the burden of shipping or holding large amounts of inventory. Customer support.

Shopify 156

Shopify Merchant Services Payment Services eCommerce 156

Omnisend

SEPTEMBER 29, 2021

One of the best ways to do this is by increasing customer retention rates. In this article, we’re going to discuss the best ways to identify customers that are an immediate ecommerce churn risk. Using churn management strategies you’ll be able to quickly prioritize your marketing efforts toward these high-risk customers.

Customer 78

Customer Customer Retention Social Media Merchant Services 78

ROI Revolution

MAY 6, 2021

To make the customer journey between all of these channels seamless, retail leaders are making sure a holistic omnichannel strategy is a part of their digital transformation. An omnichannel approach can be a big revenue driver. One study even found that contactless payments can be a differentiator for retailers.

Omnichannel 135

Omnichannel Merchant Services Social Media Payment Services 135

Kissmetrics

MARCH 23, 2018

Some may tell you that even if you can’t compete with their scale, you can compete in other ways, like offering competitive discounts and free shipping for your own customers. But in terms of product pricing, you still probably can’t offer a better deal to your customers than the price they could find on Amazon.

eCommerce 210

eCommerce Shipping Costs Subscription Payment Services 210

Retalon

AUGUST 22, 2023

Understanding your ecommerce KPIs allows you to identify issues, optimize processes, uncover new opportunities, and benchmark your progress against industry standards. Monitoring the right metrics leads to data-driven strategies that drive sustainable growth and profitability. It is total revenue divided by total number of orders.

X-cart 41

X-cart Shipping Costs eCommerce Definition 41

Ecommerce Platforms

DECEMBER 30, 2019

So far, it's a verifiable fact that drop shipping never comes along with newbies pretty easily. One that centrally manages drop shipping, white labels, and print-on-demand orders, concurrently. Longer shipping times. ShopBase payments (coming real soon). Not even with a mere blueprint of how ShopBase works.

eCommerce 190

eCommerce Drop Ship Shipping Costs Merchant Services 190

Korona

AUGUST 23, 2022

And the numbers speak for themselves – subscription business revenues are growing five times faster than S&P 500 companies. From a business perspective, subscription commerce offers a stable financial model based on recurring monthly revenues built around almost any niche. What Is a Subscription Service?

Subscription 52

Subscription Payment Services Shipping Costs Payments 52

Ecommerce Platforms

OCTOBER 5, 2018

From your end, you’re able to see the product’s availability not only at their shipping warehouse but also at the local store. I guess you’ve already seen numerous offline-based businesses establishing separate versions of their stores on the web. Well, both are considered good strategies for increasing sales. Much better.

eCommerce Platforms 91

eCommerce Platforms Omnichannel Merchant Services Payment Services 91

Omnisend

APRIL 20, 2021

There are many benefits of this choice—consumers don’t have to leave the comfort of their own homes, they can have access to different product variations, they get products shipped any address, and so on. As a business owner, when you are struggling to obtain new customers, having an online presence is not a choice.

Mobile 78

Mobile Payment Services Omnichannel Social Media 78

ESW

MAY 23, 2018

That is a huge improvement that will translate into actual revenue gains. Quicker page loads allow more orders to be processed every hour, enabling faster add-to-cart times and lower abandoned-cart rates. Let’s face it, digital commerce requires a lot of moving parts, many of which are outside the wheelhouse of your core business.

Payment Services 60

Payment Services Magento eCommerce Shipping Costs 60

Ecommerce Platforms

JANUARY 14, 2020

Ecommerce business is booming. The stats analyzed by eMarketer predict that by 2021, the global ecommerce revenue is expected to reach $5 trillion. This is a by far, a descriptive indicator that suggests the existence of a steady momentum even for the looming ecommerce businesses. Social selling strategies.

Merchant Services 175

Merchant Services eCommerce Payment Services Shipping Costs 175

Korona

NOVEMBER 16, 2022

Once business owners have done their calculations, they must then figure out how to increase sales by square foot. From marketing to merchandising, there are a number of strategies and tactics you can use to help improve your retail sales per square foot of your store. Add Modern Payment Options. Set Up A Solid Loyalty Program.

Payment Services 10

Payment Services POS Payments Shipping Costs 10

Ecommerce Platforms

NOVEMBER 11, 2019

A retailer’s marketing bucket list needs to take in all the attributes needed to optimize customer satisfaction. That is to say, this strategy works exhaustively even for ecommerce retailers. . This guide puts into light a couple of handy tips to make your target customers be obsessed with your loyalty program.

Customer Loyalty 143

Customer Loyalty Customer Merchant Services Payment Services 143

BigCommerce

OCTOBER 24, 2017

How to increase recurring revenue – and hit $1M in annual sales. How to use shipping discounts to reverse cart abandoners. By just being friendly with all your customers or hiring a virtual assistant to do this you can increase your stores customer retention rate and customer lifetime value substantially.

eCommerce 420

eCommerce Shipping Costs Merchant Services Payment Services 420