Traditionally if you wanted to accept payments you would have to use a third-party payments processor like Stripe, PayPal, or others that would charge a certain fee per transaction. Shopify has created their own payment processor called Shopify Payments (Powered by Stripe). If you decide to sign up for this program then all transaction fees will be lifted regardless of your plan.
The DoJ has revealed an unsealed indictment of eight defendants for crimes related to their involvement in widespread digital advertising fraud. The DoJ alleges the eight individuals were behind two global schemes, 3ve and Methbot, which stole tens of millions of dollars through a scam that used fake Web traffic and fake websites to reap ad view revenue from unwitting advertisers. [More...]
An excellent solution both for ambitious beginners and professionals. Shopify offers you a platform that makes selling not only easy but also provides the tools to improve your sales. Definitely not the cheapest solution out there but thanks to their support and ecosystem, Shopify takes much of the headache out of running an online store. Try it for free.
Their pop hit, “Blurred Lines,” might have blurred a few copyright laws, at least according to the family of soul singer Marvin Gaye, who believed Thicke’s song was suspiciously similar to Gaye’s funk ode “Got to Give It Up.” A jury agreed, awarding Gaye’s family $7.3 million. A judge lowered the fine to $5.3 million but granted Gaye’s family 50% of all future royalties from the song.
For anyone who is planning to start a new ecommerce business in 2018, it's important to first understand how digital commerce has evolved in past 2-3 years and where it is heading. Beyond mobile and social, we've seen just about every aspect of ecommerce evolve. Let's have a look at the major highlights that will shape and influence ecommerce now and in the future.
The guide opens by providing Basic lessons that are curated to help you learn the essentials needed to quickly get your eCom store live with 4 products and start selling to customers within your country in 1 language and 1 currency. Starting with 4 products and keeping things local is an intentional lesson plan. The Basic lessons will introduce you to setting up products in a digestible way so you can take on the rest of your inventory and internationalize your eCom store with confidence in the Enhance level of the guide (coming soon). These 4 products will also give you an online presence so you can sell while you build!
Thank you for sharing this very insightful article! I’ve just launched a new product. At the moment this is just an individual product but I’m looking to expand my product range in the very near future. I’m undecided whether to use Wix or Shopify since I’ll only launching a single product. I’m really liking the idea of using Shopify since I’m looking to expand my product range soon anyway. Do you know if Shopify caters for single product websites with it’s template designs? Thanks 🙂
But that wasn’t the only factor that led to its failure. According to ABC News, “during its first holiday shopping season after going public, the site was swamped with orders, as were other online toy sites. EToys sold more than any of its competitors, but the publicity over late shipments dogged the company. Analysts say it also made customers wary of holiday Web shopping during the 2000 holiday season.”
The Shopify platform delivers tremendous value at a reasonable cost. We chose this platform over others because it offers great functionality out of the box. Additionally, Shopify has a great network of developers who are constantly adding apps and features that users demand from their eCommerce experience. This allows businesses to improve their site without incurring additional costs of paying developers and designers to keep up with the latest eCommerce features and trends.
With more choices of products, the information of products for customers to select and meet their needs become crucial. In order to address the mass customization principle to the company, the use of recommender system is suggested. This system helps recommend the proper products to the customers and helps customers make the decision during the purchasing process. The recommender system could be operated through the top sellers on the website, the demographics of customers or the consumers' buying behavior. However, there are 3 main ways of recommendations: recommending products to customers directly, providing detailed products' information and showing other buyers' opinions or critiques. It is benefit for consumer experience without physical shopping. In general, recommender system is used to contact customers online and assist finding the right products they want effectively and directly.
Websites such as Squarespace and WordPress offer mobile-friendly, ready-to-go e-commerce templates that help you get a store up and running quickly. As a shop owner, you will need a way to collect credit card payments from consumers online. PayPal, Square and Google Wallet are all popular ways of accepting and managing online payments. You can also sell your merchandise through online giants like Amazon.
The downslide was the human component.The recruitment failed to keep pace with the growing demands and the latest rules and regulations on the subject were not known.The attrition rate was too high.The recruitment was very fast and indepth checking could not be done,with the result the pilferages were og high magnitude.The Technology was not in RIGHT place and the shipments were often loaded for different destinations,which were consequently rectified.
Brands and businesses that are adapting to e-commerce are most likely to see maximum growth in the near future. Reacting to early trends and visualizing business in the coming few years is what successful entrepreneurs do. But, focusing on the right steps is critical to the success of any industry, and the same goes for the success of e-commerce businesses.