Understanding KPI and benchmarking is essential for businesses looking to improve performance and efficiency. While KPIs track internal progress, benchmarking helps compare performance against industry standards. Benchmarks and KPIs are both methods of determining a...
Regardless of where you are in your e-commerce business, bookkeeping and accounting are two of the most critical determinants for your long-term success. Without a solid e-commerce bookkeeping and accounting system in place, things can quickly go awry. Unclear tax...
If you would like to see an increase in your eCommerce sales, then you will have to implement the right strategies. The very first step, however, is knowing exactly where you stand now. Â You need to have solid internal insight into your numbers and data, and external...
While all online and offline sellers are required to pay sales tax, the obligation is a bit more complicated for Amazon FBA sellers. For many years, Amazon has been successfully shielding its FBA sellers from the long arm of tax and revenue authorities. However, the...
By the end of 2020, the US retail eCommerce sales are projected to reach $709 billion. Now that you’ve already entered Q4 and holidays are near, there’s no better time to refine your eCommerce marketing plan, and maximize your revenue with these top eCommerce...
When the year is about to end, savvy entrepreneurs reflect on their business performance and plan for the upcoming year accordingly. A little introspection is in order to reveal what you did right and what needs improvement. This will help you consolidate and augment...
A chief financial officer (CFO) is a C-level executive who is responsible for managing an organization’s financial functions. Online businesses can only succeed in the corporate world when they create a structured and sustainable financial back office. Before learning...
The e-commerce industry is thriving like never before. Platforms such as Shopify, BigCommerce, WooCommerce, and Magento have simplified the process, making it easier for retailers to shift from brick-and-mortar stores to online businesses. However, operating an online...
One of the biggest concerns for online businesses is protecting intellectual property in e-commerce. With the digital marketplace expanding rapidly, ensuring that your brand, products, and ideas are safeguarded from unauthorized use is essential. Understanding...
As a savvy eCommerce business owner, you probably already have a killer digital marketing strategy in place. We’re sure you’d agree there’s no doubt about it, a video is no longer a nice option for your digital marketing strategy, it is essential. According to Google,...
