GetElastic

DECEMBER 18, 2020

As Gartner aims to prepare application leaders for the accelerated shift towards digital, they predict that, “ By 2024, leading commerce organizations will generate 10% of online revenue from services attached to physical products.”. Payment services. Subscription based models are at the center of recurring revenue in eCommerce.

Merchant Services 148

Merchant Services Payment Services Payments Subscription 148

Retail TouchPoints

JULY 14, 2021

Today’s online shoppers have already formed certain intuitive expectations when it comes to services offered by these ecommerce platforms, such as transparent pricing and product information, on-time order fulfillment, timely email/SMS notifications and of course, a quick and easy payment process. Trying to Build your own DIY Solution.

eCommerce Platforms 250

eCommerce Platforms Payment Services eCommerce Small Business Retail 250

Ecommerce Platforms

MARCH 14, 2023

Built specifically for a few set industries, the integrated range of business management, marketing, payment acceptance and customer engagement solutions from Evercommerce help businesses in the service environment to increase retention and accelerate growth.

Payment Services 104

Payment Services Payments Beauty and Health Electronics 104

RetailMinded

APRIL 20, 2023

By embracing new technology, digitizing processes, streamlining staff training, and enhancing the customer shopping experience, businesses can improve operational efficiency, foster customer loyalty, and drive revenue growth. Also, it maintains customer interest and showcases new or seasonal products.

Payment Services 52

Payment Services Payments eCommerce Retail 52

BigCommerce

SEPTEMBER 21, 2018

Approximately 15% of all digital media industry’s revenue comes from affiliate marketing. 38% of marketers call affiliate marketing one of the top customer acquisition methods. In 2015 Amazon’s revenue surpassed $100B and affiliate marketing accounts for $10B of its sales. To increase revenue by $10,000 by the end of the year.

eCommerce 344

eCommerce Customer Retention Payments Management 344

Korona

FEBRUARY 9, 2023

Implement Loyalty Programs Retaining an existing customer costs up to five times less than gaining a new one. A good customer retention program can generate significant gains in recurring revenue for your company by improving the return on your marketing and sales budget.

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

Ecommerce Platforms

MARCH 27, 2023

Here’s what machine learning solutions can do for your ecommerce business: Customer retention Increase in revenue Automation of menial tasks Improved analytics ML solutions can do customer support and optimize sales to drive the bottom line upward, but the biggest benefit of using them is qualitative, not quantitative.

eCommerce 104

eCommerce Payment Services Payments Recommendation 104

GetElastic

SEPTEMBER 7, 2021

Netflix tapped into consumer demands for personalization and convenience, and used technology to revolutionize subscriptions. Recurring billing ” is the periodic (for example, monthly or annual) invoicing of a customer to collect payment for one or more subscriptions. Source: The Rise of the Subscription Business Model ).

Subscription 148

Subscription eCommerce Shipping Costs B2B 148

Korona

SEPTEMBER 7, 2022

In addition to knowing the basics of small business, you also need to know about financial management, human resource management, technology, inventory, and the laws and regulations pertaining to your business. Check out the following blog to learn more about how to successfully manage a small business. Table of Contents.

Small Business Retail 52

Small Business Retail Payment Services Management Payments 52

MagentoBrain

MARCH 20, 2023

Ecommerce development has become a popular way for small businesses to reach customers and increase sales potential. With the rise of technology and online shopping, ecommerce development provides small businesses with the ability to expand their reach, reduce costs, and offer greater flexibility to customers.

Small Business Retail 52

Small Business Retail Payment Services Shipping Costs eCommerce 52

iVend

MARCH 14, 2023

A recent study of what shoppers want from the instore experience + concluded that ‘expectations of the face-to-face experience have been raised over several years in which customers have been pushed further online’. Mobile POS allows store associates to get alongside customers as they are making their buying decisions.

POS 90

POS Point of Sale Mobile Payment Services 90

Korona

MARCH 7, 2023

And when you combine them with point of sale (POS) technology, their potential is even greater. And since reporting on gift card transactions is so straightforward, retailers have the data they need at their fingertips to understand their customers and make smart decisions about their business.

POS 52

POS Gifts Payment Services Merchant Services 52

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

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. We will see in a moment what long-term consequences that can have for a business.

Payment Services 96

Payment Services X-cart Shipping Costs eCommerce 96

Ecommerce Platforms

DECEMBER 20, 2019

From the convenience of one dashboard, it integrates point-of-sale (POS) functionality with customer channels and operations. Powerful technology for your business.”. Revel states that it can bring: “A dded value to your business, from generating more revenue, to improving efficiencies, to delighting your customers.” .

POS 118

POS Payment Services Payments Point of Sale 118

Korona

JANUARY 5, 2023

As such, businesses must constantly work on rising above their competitors. Optimizing your checkout means a better user experience, which, in turn, increases conversion rates and customer retention. What’s The Point Of Optimizing The Checkout Process? Checkout Process Optimization: Why Is It Important?

Payment Services 52

Payment Services eCommerce Shipping Costs Payments 52

ChannelAdvisor

MARCH 29, 2021

Being a self-sustaining business can mean a few different things. Here, we’re talking about having solid business processes and practices that allow you to achieve sustainable growth. . Is customer support constantly fielding tickets for orders that are late or wrong? Here are a few of the latest payment options: .

eCommerce 98

eCommerce Blog Payment Services Shipping Costs 98

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

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

ChannelAdvisor

MARCH 24, 2021

Being a self-sustaining business can mean a few different things. Here, we’re talking about having solid business processes and practices that allow you to achieve sustainable growth. . Is customer support constantly fielding tickets for orders that are late or wrong? Here are a few of the latest payment options: .

eCommerce 71

eCommerce Blog Payment Services Shipping Costs 71

365 Retail

NOVEMBER 14, 2022

But the peak season sales market is a competitive one, so getting ahead of the game and understanding your customer’s wants and needs is critical. You must know when to restock and make sure you don’t sell items that aren’t available, after all, astute inventory management drives scalability, profit, and customer retention.

Payment Services 59

Payment Services Shipping Costs Merchant Services Order Fulfillment 59

ChannelAdvisor

MARCH 29, 2021

Being a self-sustaining business can mean a few different things. Here, we’re talking about having solid business processes and practices that allow you to achieve sustainable growth. . Is customer support constantly fielding tickets for orders that are late or wrong? Here are a few of the latest payment options: .

eCommerce 64

eCommerce Blog Payment Services Shipping Costs 64

Omnisend

APRIL 26, 2021

Check out how Black Mango generates 43% of their email revenue effortlessly. As a retailer, now is the right time to think about adopting AR into your own business. Make sure you have the following furniture ecommerce best practices in place for quick adaptation of new innovations and technologies. What is Furniture Ecommerce?

eCommerce 135

eCommerce Social Media Merchant Services Shopify 135

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

As an operator: You get to choose the revenue stream that best fits the market niche you want to address: Commission Model: Where you get to charge a percentage or fixed fee for every transaction to merchants. Many customers have expressed their fear around venturing into a marketplace model because of the perceived complexity and risk.

Payment Services 78

Payment Services Merchant Services eCommerce Shipping Costs 78

Algopix

JULY 13, 2023

Integration with Other Business Systems For seamless operations, CRM systems integrate with various other business systems such as ERP, accounting, and e-commerce platforms. These integrations ensure data consistency, eliminate manual data entry, and enable a holistic view of business processes.

Payment Services 78

Payment Services eCommerce Management Customer 78

Korona

AUGUST 17, 2021

With the advanced technology that businesses are lucky to have these days, there are plenty of business processes that can now go completely digital—for instance, record keeping. Most plans suitable for businesses are under $100/month. Automate Processes. Online customer support. Go Paperless .

Shipping Costs 52

Shipping Costs Payment Services Retail Document 52

FastSpring

AUGUST 11, 2020

Subscription services are what customers want. 15% of people who shop online now pay for at least one subscription and nearly 90% of businesses are looking for ways to adapt their online payment platforms so they can handle recurring subscription payments. What are the advantages of using subscriptions as a revenue model?

Subscription 85

Subscription Payments Payment Services Shipping Costs 85

GetElastic

SEPTEMBER 2, 2019

Since the iBeacon and location technologies like geofencing came into play with their powerful ability to connect the in-store shoppers contextually, the retail space has been open to leveraging such technologies. It is also unique in terms of secure payment processing. Improved Customer Experience.

Payments 153

Payments Payment Services eCommerce Supplies 153

lateshipment

APRIL 6, 2023

In order to provide a seamless and engaging consumer experience across all touchpoints, including mobile commerce, beacon technology, and CTV advertising, the future of commerce must be fully omnichannel. Customers can quickly and securely conduct purchases without using physical payment methods by adopting this feature.

eCommerce 130

eCommerce Customer Payment Services Shipping Costs 130

GetElastic

SEPTEMBER 2, 2019

Since the iBeacon and location technologies like geofencing came into play with their powerful ability to connect the in-store shoppers contextually, the retail space has been open to leveraging such technologies. It is also unique in terms of secure payment processing. Improved Customer Experience.

Payments 113

Payments Payment Services eCommerce Supplies 113

RETAIL MANAGEMENT SOFTWARE

DECEMBER 12, 2022

In addition, investments in the right retail technology can improve the overall customer experience, even when there is a staff shortage. Mobile POS enables a convenient and seamless customer experience, giving store associates more tools to help shoppers at the moment, wherever they are. Modernize Payments.

Payment Services 74

Payment Services POS Mobile Operations 74

Ecommerce Platforms

FEBRUARY 13, 2020

Shopify's hardware integrates with the software to allow the seller to accept payments at extremely low credit card rates. For all it's worth, the Shopify POS allows you to: Accept partial payments, sell gift cards, split payments, accept credit and debit cards using external card terminals. Customer support.

Shopify 156

Shopify Merchant Services Payment Services eCommerce 156

Ecommerce Platforms

MARCH 17, 2020

Shopify empowers you to organize your products, customize your storefront, accept credit card payments , and track or respond to shopper's orders, all with just a few clicks of the mouse. When used to the fullest, this platform could easily pave the way for small businesses to make their mark in the broader digital market.

eCommerce Platforms 169

eCommerce Platforms Shopify Payment Services Merchant Services 169

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

iVend

APRIL 12, 2022

The metric that is moving its way towards the top of many retail stores’ agendas now is Customer Lifetime Value (CLV). iVend Loyalty iVend helps retailers increase customer engagement and loyalty. Learn more about how retail technology can drive CLV. Three ways that retail technology helps retailers increase CLV.

Payment Services 96

Payment Services Customer Retail Payments 96