Authorize.net is a Visa-owned company that offers one of the oldest and most trusted ecommerce payment solutions. It is a payment gateway that can facilitate virtual terminal, recurring, and virtual point-of-sale (POS) payments. Authorize.net is popular among merchants primarily for its compatibility with most payment processors and a wide variety of software. We compared Authorize.net…
Ecommerce
How Much Does TikTok Shop Take? 2024 TikTok Shop Fees Guide
TikTok Shop charges a 6% referral fee for every order, up from its original fees of 2% + 30 cents when it first launched in the US in September 2023. By July 1, 2024, referral fees for every order will go up to 8%, with above $10,000 orders for certain product categories slightly lower at…
Amazon Pay Review: Pricing & Features
Amazon Pay is a secure and user-friendly online payment processing platform that streamlines checkout for businesses and customers. It lets customers with Amazon accounts use their stored payment information to pay for products and services quickly and securely. Amazon Pay has features specifically designed for online, mobile, and voice (Alexa devices) payments. Other tools include…
What Is Circular Fashion? A Retailer’s Guide
Circular fashion involves designing, manufacturing, and using clothing and fashion products with the goal of extending their life cycles and minimizing waste. On the producer’s end, this can mean sourcing sustainable materials or reusing or recycling materials back into the production phase, rather than being discarded as waste and removed from the process entirely. A…
Shopify Payments Review: Pricing, Features & More
Shopify Payments is a built-in payment processing service that Shopify users can opt to use to access features such as invoicing, card-on-file payment processing, omnichannel sales, chargeback management, and payment tracking. Best for retail and ecommerce businesses using Shopify, Shopify Payments earned an overall score of 4.17 out of 5 in our evaluation of the…
Livestream Shopping: Popularity & Profitability
Livestream shopping, also called live commerce or simply live shopping, is a marketing strategy that retail businesses can use to promote and sell products via live online video, usually through a social media platform. We guide you through what it is, how it works, the types of live shopping events you can do, and tips…
Ethical Sourcing: A Small Business Guide
Ethical sourcing practices offer small businesses a pathway to enhance reputation, increase sales, boost employee satisfaction, and ensure regulatory compliance.
There is a growing trend towards labeling business products as “ethically sourced”—but what does that term really mean? Often used interchangeably with “sustainably sourced” or “responsibly sourced”, ethically sourced refers to components of the supply chain that are obtained in an ethical way. Businesses that have ethically sourced products and services do so because of…
What Is Predatory Pricing? Effects & Legalities
In this article, we’ll define predatory pricing and take a closer look at how it works, its short- and long-term effects, and real-world examples. How Does Predatory Pricing Work? Predatory pricing is a strategy that unethical businesses adopt for customers to flock toward their goods or services and away from competitors—often those with smaller financial…