All Retail Articles - Page 2

How to Set up a Shopify Store in 9 Steps

By Meaghan Brophy on June 18, 2020 | Ecommerce, How To, Retail | Comments (0)

Shopify offers a user-friendly ecommerce site builder for both online brands and retail businesses that want to expand into selling online. Whether you want to sell your own products or dropship, own your sales channels, or experiment with third-party marketplaces, learning how to set up a Shopify store is one of the first steps to…

6 Best Credit Card Readers for iPhone and iPad 2020

By Meaghan Brophy on June 17, 2020 | Brick and Mortar, Buyer's Guide, Retail | Comments (0)

Business owners want a credit card reader that charges low rates, has low (or no) upfront costs, and also provides good customer service for issues like chargebacks. Unfortunately, figuring out how much you’ll pay in fees requires a little math. It depends on your monthly sales volume, as well as the average dollar amount of…

6 Best Ways to Accept Recurring Payments in 2020

By Meaghan Brophy on June 17, 2020 | Brick and Mortar, How To, Retail | Comments (7)

A recurring payment is an electronically processed, automatic payment that repeats according to a preset schedule. Businesses often set up recurring payments to collect fees for memberships, subscriptions, lessons, and services. Customers enjoy the convenience of a set-it-and-forget-it payment option. To enable automatic repeat payments, a business needs to save a customer’s credit card or…

5 Cheapest Credit Card Processing Companies in 2020

By Meaghan Brophy on June 15, 2020 | Brick and Mortar, Buyer's Guide, Retail | Comments (0)

Credit card processing is essential for any retail business. Some 80% of consumers use cards for everyday purchases and spend up to 83% more than cash-paying shoppers. We determined the cheapest credit card processing solutions by comparing monthly and transaction fees, while also considering contract terms and ease of use. Not sure which processor offers…

How to Accept Credit Card Payments in 4 Steps

By Meaghan Brophy on June 15, 2020 | Brick and Mortar, How To, Retail | Comments (54)

Accepting credit card payments can increase in-store sales by up to 40% compared to cash payments alone. It’s also necessary for businesses to sell online. This guide shows you how to accept credit cards in a brick-and-mortar store, on a website, and with a mobile device. 1. Choose a Payment Processor The first step in…

Alibaba vs AliExpress: Who’s Best for Importing & Dropshipping?

By Meaghan Brophy on June 12, 2020 | Buyer's Guide, Ecommerce, Retail | Comments (1)

Alibaba and AliExpress are online marketplaces. The main difference between Alibaba vs AliExpress is: Alibaba is exclusively intended for B2B transactions, whereas AliExpress is open to consumers. Alibaba helps businesses purchase large quantities of products directly from manufacturers at wholesale prices. AliExpress offers products at competitive retail prices with no minimum order requirements. When to…

5 Best Mobile POS Apps for 2020

By Meaghan Brophy on June 11, 2020 | Brick and Mortar, Buyer's Guide, Retail | Comments (0)

Point-of-sale apps make running a business easier by handling sales, inventory, staff, and other business management tasks all in one system. You can download mobile POS (mPOS) systems to tablets or smartphones, although many offer terminals, credit card processors, and other tools. The best mPOS apps for 2020 are: : Best overall free mPOS for…

4 Best Inventory Management Software 2020

By Meaghan Brophy on June 10, 2020 | Brick and Mortar, Buyer's Guide, Retail | Comments (3)

Inventory management software does more than just tell you what’s currently in the stockroom. Good software helps businesses track items or parts throughout the different supply chain stages from supplier through assembly, storage, and sale. Inventory management software provides greater visibility into all of these stages, allowing businesses to rely less on physical counts, achieve…

7 Best Free Inventory Management Software for 2020

By Meaghan Brophy on June 10, 2020 | Brick and Mortar, Buyer's Guide, Retail | Comments (0)

Inventory software makes it easy for businesses from offices to stores to warehouses to track products, tools, and assets. Most free inventory management software limits use or features and offer paid plans if you need more. Many small businesses, however, find the free versions sufficient for their needs. Top 7 Free Inventory Management Software for…

How Much Does it Cost to Open a Restaurant?

By Mary King on June 8, 2020 | Retail, What is | Comments (0)

Startup costs for a new restaurant typically range from $95,000 to more than $2 million. The actual amount it costs to open a restaurant depends on factors like rent, furniture choices, and renovation goals. Typical expenses include one-time purchases like furniture and equipment alongside recurring payments like rent and utility bills. Lack of capital is…