Shopping Cart Abandonment is one of the most worrying percentages for every business owner. It’s a measure of the percentage of visitors to an eCommerce site that add items to their cart or basket but leave without buying. It becomes the constant source of frustration for online retailers and solving it can be a great […]
Category Archives: B2B
QuickBooks has been a great desktop product for many years. QuickBooks is a lifesaver; it also makes it easy to understand basic accounting. QuickBooks Online is a popular cloud-based online accounting software. It records all your business transactions in one place. Three uses of this software are time tracking, managing payment of your bills, and […]
An order management system is a digital way to manage the lifecycle of a particular order. It tracks all the data and processes, including inventory management, fulfilment, order entry, and after-sales service. An OMS offers visibility to not only the business but also the buyer. Firms can have near real-time insight into customers and inventories […]
The technological advancements and the ever-expanding eCommerce sector has truly globalised shopping for people. Consumer buying behaviour is gradually changing, and more people rely on online shopping now than ever before. EMarketer estimates that the global eCommerce business in the current year has crossed a value of $3.914 trillion. Hence, it is a golden opportunity […]
6.8 billion payments in just a quarter, a 9% jump from last year. ACH is the new payment process widely used in the middle of this pandemic. Many business houses are counting this as a fundamental shift. The primary reason for this growth is the rise of B2B payments. “The modern ACH Network serves the […]
Increasing wholesale sales sounds like a piece of cake, right? You just need to find new customers or sell more to your existing customers. Well, if you have been in the wholesale industry for quite some time, you probably know it is not that simple in reality. The B2B wholesale and distribution dynamics are changing […]
What is the first word which comes to your mind when you hear “2020”? Uncertainty, Masks, Lockdowns! Right? 2020 will be remembered as a year about ensuring business continuity and survival of the fittest. However, a number of business owners/leaders have treated this chaos as a mnemonic for aligning their team with meaningful metrics. The […]
Repeat purchasers are the bread and butter of many online stores, both easier and cheaper to come by than those tricky-to-win first-time purchasers. According to Adobe, marketers have to bring in seven shoppers to equal the revenue of one repeat purchaser – what a load of effort, eh? Typically, online retailers aggressively pursue second sales […]
Let’s set this clear from the start: a B2B portal software is not the same as a B2C one, even though young entrepreneurs have come to consider them as such. Given the widespread use of information and the diversity of online users that are responsible for B2B purchases, traditional b2b strategies won’t cut it anymore. […]
There comes a moment when a profitable company switches its B2C approach and transforms its e-shop into a B2B eCommerce platform. This decision has a ripple effect on the way the business is done, as the entire system needs to be adjusted. Businesses operate differently than single customers do: they have their own protocols, restrictions […]