Small Business Tips Archives

Payment APIs: What Are They and How Do They Work?

Key Takeaways Table of Contents: Understanding Payment APIs A payment API is a set of protocols that allow different software systems to communicate and process financial transactions online. Think of it as a digital bridge that connects your website or app to the banking world. I’ve spent over a decade implementing these systems, and trust […]

The Ecommerce Community Management Playbook: Turn Customers into Brand Advocates

Ready to take your ecommerce business to the next level? Community management is your secret weapon. Learn how to connect with customers, foster loyalty, and drive sales through a thriving online community

The Environmental Impact of Digital Payments

Digital payments: are they as green as they seem? Uncover the hidden environmental impact and learn how to make more sustainable choices.

Credit Card Customer Experience: Smooth Checkouts & Happy Shoppers

Frustrated with high cart abandonment rates and negative reviews about your checkout process? Learn how to optimize your credit card customer experience, streamline payments, and boost customer satisfaction to turn one-time shoppers into loyal brand advocates.

Credit Card Processing for Ecommerce: Tips for Success

Learn how to simplify ecommerce credit card processing, from choosing the best tools to protecting customer data and optimizing for conversions.

Chart of Accounts: Info & Examples for your Ecommerce Business

For a small Ecommerce business, financial accounts are vital regarding bills, a rainy day fund, and that inventory meets customers’ needs. Therefore, it is fundamental that a small business owner creates and utilizes a chart of accounts. This financial organizational tool gives businesses an insight into all company transactions. Usually, this entails liabilities, equity, revenue, […]

Ultimate Guide to Dynamic Pricing for Your Small Business

What is Dynamic Pricing Dynamic pricing is a crucial tool for any small to mid-sized business owner to increase revenue. Using this strategy takes a lot of thorough research and taking advantage of market trends, examining past sales, and keeping up with consumer demand and the competition in real-time. So, what is dynamic pricing? Simply […]

5 Best Retail Markdown Strategies For 2022

What is Retail Markdown? A crucial element of small to mid-sized businesses is knowing how to sell overstock items and prevent taking a loss on extra inventory. One way to avoid losing inventory is by doing a retail markdown on items. Retail markdown is offering discounts on items that aren’t selling as much. For instance, […]

What are the 3 Steps in Credit Card Processing?

Today, when customers shop in person or online, the most popular method of purchasing products is by using a credit card. Carrying cash has become outdated as many people have grown frustrated with having loose money that is difficult to remove from their wallets. Credit cards are more convenient for consumers and merchants who get […]

How to Prevent Social Engineering Attacks on Small Business

What is Social Engineering Social Engineering can occur when a friend or a trusted source manipulates a user into giving them sensitive information. The phrase “social engineering” refers to a wide range of harmful behavior. First, the attacker researches the target and learns about their behaviors and vulnerabilities, preparing them for the following stage: communicating […]