Making the transition from software provider to software as a service provider requires planning and careful implementation strategy. Part of your planning should be making sure you have the components to round out the effectiveness of your product and service for clients. These ten tools and services can help you level up your offering.
Your business has to accept credit card payments to maximize your sales and revenue, despite the fees. Refusing to take them isn't a good option, and raising all your prices may be unpalatable. A creative solution is to add a surcharge to credit card payments.
Digital goods like digital books, podcasts, and virtual courses are rising in popularity across the world. If you have the ability to create and have a good business plan, you can build a lucrative revenue stream from this kind of content. Growing in this area with a strong payments partner can lift your business into the future.
An effective eCommerce site lets you reach potential customer anywhere, but your ability to accept payments from other countries will determine your international growth potential. Work with a processing partner who will help you push further into the cross-border markets.
Your payment processing is more than having a system to accept payments from customers. Depending on what you have and how you manage it, you may be limiting your own profit potential. Now is the time to look at your payment strategy to find ways to enhance your business and your growth potential.
You probably look constantly for ways to get the most from your team. Better productivity means more revenue, greater profits, and more success for everyone in your organization. In this regard, your long-term solution seldom consists of cracking the whip. Instead, look to these methods to promote long-term productivity gains.
In today's world, retailers need an online presence. If they don't have one, the prospect of moving into an eCommerce site may seem daunting. Fortunately, getting started is not as onerous as one might believe. If started the right way, a business can be moved online quickly and effectively.
The events of 2020 are accelerating a movement already underway: pushing parts of the workplace online. ELearning has taken on new urgency for employers. Building out your capabilities in that area can help you prepare your team and your organization to grow into the future.
For multi-level marketing companies and direct sellers, too many chargebacks can remove your ability to process payments. Fortunately, if you communicate well and plan carefully, you can reduce the incidence of chargebacks for your direct selling business.