Consider cost, speed, and service when comparing the top shipping companies—FedEx vs UPS vs USPS (United States Postal Service). Each one is reliable, offers affordable options if your package doesn’t need to arrive quickly, and allows you to pay more for faster delivery. Most small packages ship for less than $15 with each carrier. The…
Ecommerce
Top 9 Square Competitors & Alternatives
Square is a free point-of-sale (POS) system and payment processor that many small businesses use as an affordable, all-in-one solution. Although Square once dominated the market, many competitors now offer comparable products and services. Depending on your business, you may find better functionality at a similar price point using an alternative. The top Square competitors…
39 Shopify Statistics You Need to Know in 2024
Shopify is a popular ecommerce platform—so much so that it is becoming a household name. Over 8 million websites are powered by Shopify worldwide, and it has the largest ecommerce platform market share in the US. Below, we offer an overview of Shopify, essential sales and usage statistics, insights into Shopify stores, and consumer behavior…
How to Accept Credit Card Payments Online for Free
As credit card transaction fees continue to rise, so does the cost of doing business. Unfortunately, there is no absolutely free way to accept payments online for free. In 2024, merchants pay anywhere between 1.5% and 3.5% for every credit card sale, and online transaction fees tend to be more expensive. So, if you’ve been…
Supply Chain Transparency for Independent Retailers
With shoppers increasingly holding businesses accountable for their impacts on the environment and their communities, supply chain transparency provides visibility into how products are made.
Consumers are demanding more transparency from businesses than ever before. One way to appeal to this consumer behavior is through honesty and accountability in your supply chain processes. Supply chain transparency involves both internal and external access to information about product development, from sourcing to distribution. Let’s dive in. What Is Supply Chain Transparency? Supply…
Cash Stuffing: What Businesses Need to Know
Economic conditions are causing consumers to tighten their wallets and carefully monitor spending. Cash stuffing is making a comeback as a budgeting method of choice.
Cash stuffing is a budgeting method that has recently started gaining traction. While many consumers have increasingly gone digital in their spending, rising inflation and cost of living have pushed some—particularly younger consumers—to pursue “old school” approaches to money management. With “cash stuffing” making the rounds across millions of posts on TikTok, it is one…
41 Omnichannel Statistics for Retailers in 2024
It’s more important than ever to consider your omnichannel retail strategy, which is the seamless integration of every customer touchpoint in person and online. As you’ll see with the omnichannel trends outlined below, consumers already engage in omnichannel shopping behaviors, and retailers are investing in technology that enables it. Omnichannel Statistics Overview If you’re wondering…
29 Temu Statistics for Small Businesses to Know in 2024
Temu is a China-based ecommerce marketplace owned by Pinduoduo Inc., which launched in 2015 and has since gained traction in markets all over the world. Temu is valuable for both consumers and retail businesses alike, offering access to a huge range of products at extremely affordable prices. Let’s take a look at some Temu stats…