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Product pricing is essentially the process of determining the cost of products you sell to consumers. When you are figuring out how to price a product for retail, you are facing a delicate balance—price your items too high, and no one will buy; price them

Stripe and Authorize.net are two well-known payment processors and payment gateways. When it comes to Stripe vs Authorize.net, we like Stripe as an all-in-one payment processor with maximum flexibility and customizability. On the other hand, Authorize.net is good for businesses that only need a payment

Sell-through rate (STR) is a critical retail metric that tells you how well products are performing based on the amount of inventory sold compared to the amount of inventory received during a set period of time. Typically, retailers will measure sell-through rates weekly, monthly, quarterly,

A retail marketing strategy is an actionable plan to develop and promote products, attract and keep customers, and drive sales. Marketing for retailers is essential whether you’re seasoned or just starting out, and it can happen both online and offline. It’s important to develop solid

Our Square vs SumUp comparison evaluates each for pricing, features, and use cases to help you determine which low-cost payment processor is right for your small business.

PayPal is a widely recognized and trusted online payment platform that allows businesses to securely send and receive money worldwide. It is suitable for small businesses looking for a quick and easy way to start receiving payments for occasional sales. Setting up a PayPal Business

Stax (formerly Fattmerchant) is a subscription-based merchant services provider with wholesale interchange-plus pricing rates, advanced invoicing and billing software, and unique add-on tools like SMS text-to-pay and white-label-customer portals. In our review of merchant service providers, Stax earned an overall score of 3.89 out of 5.

Every small business that processes credit card payments is required to be Payment Card Industry (PCI)-compliant. PCI compliance involves meeting the 12 requirements outlined by the Payment Card Industry Data Security Standard (PCI DSS), which is designed to ensure payment security and protect both merchants

Payment Depot is a merchant services provider that enables U.S. merchants to process credit card payments at wholesale rates. Standout features include rate protection, free access to its virtual terminal and payment gateway services, and free equipment reprogramming. In our review of merchant service providers, Payment

Creating and sticking to a retail budget is imperative to the success of your business—it will help you predict sales, optimize purchasing, understand costs, and prevent overspending. Here, we will go over how to budget a retail business in six steps, which includes gathering and

Point-of-sale (POS) security protects the computer systems that process debit and credit card transactions. Because point-of-sale systems can contain sensitive data like account numbers, emails, and addresses, hackers target these systems, and a data breach can be costly both financially and reputationally. POS system security

Line sheets are industry-standard product sales tools retailers, manufacturers, and wholesalers use to display complete product information to potential buyers and retail partners. Unlike product catalogs and lookbooks, line sheets are simple visual documents often used in business-to-business (B2B) transactions that give potential buyers all the