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Ecommerce

What Is Supplier Relationship Management? Why & How to Do It

By David Rivera May 17, 2024 | Ecommerce, Retail, What is

pile of blocks

Supplier relationship management (SRM) is the set of practices and approaches that a business uses to create and maintain a friendly, productive relationship with its suppliers. The purpose of building a good relationship with suppliers is to increase the efficiency and reliability of your inventory flow, purchasing operations, and product sourcing—reducing overall costs and wasted…

What Is a High-risk Merchant?

By Anna Lynn Dizon May 14, 2024 | Ecommerce, Retail, What is

Customer using credit card for payment to owner at cafe restaurant, cashless technology and credit card payment concept.

A merchant is considered “high-risk” when it runs a business that is highly susceptible to fraud and chargebacks. This can be due to the industry they belong to, the products or services they provide, or a history of high chargeback claims. When this happens, merchants go through a more rigorous process before being approved for…

What Is Dropshipping & How It Works in 2024

Dropshipping is a popular ecommerce model that requires minimal upfront investment. Learn how it works and whether it is still viable in 2024.

By Meaghan Brophy May 3, 2024 | Ecommerce, Retail, What is

Parcel box fall down with parachute.

 The Significance of Dropshipping Dropshipping is a business model in which orders placed on a retailer’s site are actually fulfilled by a third-party manufacturer or wholesaler. In dropshipping, the retailer doesn’t keep the products on hand. When the retailer receives an order, they send it to the third-party company who will then fulfill the…

Shopify POS Review: Best for Omnichannel Retail

By Meaghan Brophy May 2, 2024 | Ecommerce, Editorial Review, Retail

Shopify logo

Our Shopify POS review found that the system is best for retailers selling across multiple channels, especially if you either have or have plans to use Shopify’s ecommerce platform. Previously, Shopify POS was only available through an ecommerce subscription. However, it is now available as a standalone product. This change makes it a good fit…

What Is Social Commerce? Impact, Examples & Trends in 2024

Sell directly to your customers how and where they want.

By Agatha Aviso April 26, 2024 | Ecommerce, Retail, What is

social commerce concept, shopping on smartphone with transaction credit card. 3d render illustration

Social commerce refers to the buying and selling of products on social platforms. Product research, discovery, and purchase are done in-app and without ever leaving a social channel. Social commerce removes friction from a customer’s buying experience, creates a more engaging environment, and generates opportunities to increase consumer interest. In this article, we discuss the…

What Is Conversational Commerce? Types, Benefits & Use Cases

By Agatha Aviso April 25, 2024 | Ecommerce, Retail, What is

Image showing keyboard with conversational commerce word.

Conversational commerce (also called c-commerce) is when consumers and brands connect through chat or voice assistance with the primary goal of making a purchase. Conversational commerce has gone mainstream thanks to artificial intelligence (AI) technology. The global c-commerce market is forecast to reach $34.41 billion by 2034. In this article, we’ll take a closer look…

How to Grow an Ecommerce Business & Optimize for Sales

By Katie-Jay Simmons April 18, 2024 | Ecommerce, How To, Retail

businessman pressing online store button on virtual screens

After you’ve built your online store, your next goal should be to grow your business so you can increase profits. To grow an ecommerce business, you’ll need to identify your audience, bring traffic to your store, develop a customer retention strategy, build a community, and continuously test the market and your products. Here’s a step-by-step…

Stripe vs Shopify: Small Business Guide

By Anna Lynn Dizon April 16, 2024 | Ecommerce, Retail, Versus

Stripe vs Shopify logos.

Evaluating Stripe vs Shopify can be tricky because it’s not an apples-to-apples comparison. Shopify is an ecommerce platform with integrated payment processing, whereas Stripe is a customizable payment processor that lacks a point-of-sale (POS) system and ecommerce software. Both, however, are easy to use, have excellent user reviews, handle international sales, and don’t require a…

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