Remove Payments Remove POS Remove Small Business Retail Remove Survey
article thumbnail

eCommerce and Cryptocurrency: Helping SMBs Navigate a Changing Payment Landscape

Korona

Major brands such as Home Depot and Microsoft have begun accepting crypto as part of their eCommerce payment options. Also, processors like Paypal now have crypto gateways accepting many different coins. But how does this affect small businesses? What eCommerce Platforms Have Integrated Crypto Payment Plugins?

article thumbnail

6 Reasons Why Modernizing Your Small Business Is So Important

Korona

Businesses need to go modern to take advantage of this change with modern business processes to meet clients’ and consumers’ needs. Modernization in business extends beyond an IT department here and a few upgraded computers there. So, of what importance will going modern be to your business?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Inflation Is Affecting Retail Businesses?

Korona

If you are a retail business owner, chances are you have experienced increased prices for your products from your suppliers in the last several months. While economists and the National Retail Federation still expect U.S. While economists and the National Retail Federation still expect U.S. Table of Contents.

article thumbnail

Shopify Review 2023 – Is Shopify the Best Ecommerce Platform?

Ecommerce Platforms

Shopify is an ecommerce platform, or website building tool which empowers business leaders with all the tools they need to create an online store. The Ecommerce Platforms team has also conducted several surveys, and looked at more than 3000 stores from across the globe to pinpoint the most popular store builders, and examine their features.

Shopify 104
article thumbnail

How to Calculate Gross Profit Margin- A Guide For Retailers and SMB Owners

Korona

Let’s start by stating the obvious: the goal of any business, no matter its size, is to make a profit. And as a retailer or SMB owner, it is crucial to monitor your profit margins regularly as it allows an efficient allocation of resources. . The gross margin is calculated by subtracting the cost of goods sold from total revenue. .

article thumbnail

How to Calculate Gross Profit Margin- A Guide For Retailers and SMB Owners

Korona

Let’s start by stating the obvious: the goal of any business, no matter its size, is to make a profit. And as a retailer or SMB owner, it is crucial to monitor your profit margins regularly as it allows an efficient allocation of resources. . The gross margin is calculated by subtracting the cost of goods sold from total revenue. .

article thumbnail

Shopify vs Squarespace vs Wix: The Battle of The Website Builders

Ecommerce Platforms

For instance, you can fulfill and collect orders, access business insights (sales figures, profits, and so on), oversee customer payments, etc. This includes tracking and managing inventory, adding new products, sending invoices, processing refunds, scheduling payments, and so on. Comparison chart. Ease of Use.

Shopify 211