Customer Retention Strategies The definition of a “loyal customer” has changed in the digital age. A loyal customer is no longer someone who sticks with your brand through thick and thin; instead, they are customers who have had a positive experience with your brand and are likely to continue doing business with you because of…
Virtual Businesses: Where to Find an Online Business for Sale Businesses are moving online faster than ever. In 2020, Covid-19 accelerated the growth of eCommerce by 4 to 6 years. This means that if you’re looking to buy or sell an online business, now is the time to do it. There are several different places…
Why you should start an online retail business? Online retail is on the rise. There are many benefits to online retail, such as low overhead costs and an easy way to provide customers with various services. To be successful in this type of business, you should prepare before starting your store. The article discusses strategies…
Building an Ecommerce Website The US is on the verge of having more than $54 trillion in consumer spending over the next two years. It falls to you as a business owner to convert visitors into customers with that much money. To do this, your website should be designed with a customer-centric mindset and offer…
What is an ecommerce conversion rate? Ecommerce conversion rate is the percentage of visitors to an online store who take action and buy something from the store. A high ecommerce conversion rate is the dream of every online retailer, but what’s a good conversion rate? The answer to that question depends on many factors, including…
Providing Excellent Customer Service on Social Media As a business, social care is a perfect win-win for both companies and consumers. The more the consumer engages with your brand on social media, the better it is for your company. To provide excellent customer service on social media, there are best practices that brands should be…
How to choose the best payment solutions for your business The popularity of P2P payment apps is on the rise, which means more and more people are using them. The most popular of these platforms is Venmo, with over 160 million active users in 2017 alone. By 2021, the global value of transactions facilitated through…
Differences between small businesses and startup companies A small business is a privately owned company that operates with fewer than 500 employees. Small businesses are generally defined as those companies that have less than $10 million in annual revenue and less than $1 billion in market capitalization. A startup company is a new business with…
Open Options: A Guide to Start a Small Business The benefits of starting a small business are that you can control your work hours, set your own salary and avoid the headaches associated with payroll taxes. Plus, it’s easier to grow if you are self-employed. Self-employment is the fastest-growing occupation in America. In addition to…
Tips For Buying an Online Business It is important for you to be educated before making a large investment. As of late, due to the ease of online shopping, there are many businesses that have sprung up on ecommerce websites like eBay, Amazon, and Craigslist. These websites allow you to purchase products online without the…
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