LTV is the metric subscription-based companies live and die by. It’s the lifeblood of their P&L statements and is a metric that’s crucial to understand, but it can also present some challenges. Before we get into the biggest LTV challenges for subscription companies, let’s start with the basics: What is LTV? LTV, or Lifetime Value, […]
E-commerce has revolutionized the way we shop, making it easier and more convenient than ever to purchase goods and services online. But as the popularity of online shopping continues to grow, so does the risk of cybercrime and security threats. To protect their customers’ sensitive information and prevent fraud, it is essential for e-commerce stores […]
When you decide which online payment methods to choose for customer checkout, consider opting for the most reliable online payment methods to add security and convenience. Having trusted payment options helps you build trust with consumers, safeguard their personal details, and protect your business. Consider the following information to help you decide which to choose. […]
There are many forms of payment to incorporate if you have an e-commerce business. Deciding which methods are the best for your business is the key to streamlining checkouts and offering your customers convenience and security. Common Processing Solutions There are a few ways to accept payments online if you have an e-commerce platform. It’s […]
If you have an e-commerce business, you’ll need to have a way to accept online returns. However, accepting and processing returns can be tricky, so it’s essential to know some tips and tricks and follow proven guidelines to get the best outcome for your and your customers. Consider following these rules for online returns and […]
There are several risks associated with having an online business. From hackers to fraud, there are many points to consider and adequately prepare for when these events occur. Consider having a solid strategy or these guidelines in place to manage risk effectively. Consumer Behaviors Consumers are diverse and come with their own sets of risks for […]
Having an e-commerce business means that owners need to make the best decisions for all aspects of the business to succeed. When it comes to accepting certain credit cards for payments, thought and consideration is essential to ensuring you attract and keep customers. You must appeal to all customers with the most common and widely […]
Running an e-commerce business has plenty of challenges for the site owners, but accepting essential payments shouldn’t be one. There are a few credit card types that each e-commerce site should always accept. This capability ensures that most visitors to your site can quickly complete payments without a hassle. Mastercard and Visa Credit Cards or […]
It’s no secret that e-commerce has expanded rapidly in the last few years, which means the time to combat chargeback fraud is now. The e-commerce trend has only been accelerated by the impact of the COVID-19 pandemic. Many of even the most traditionally minded established bricks and mortar businesses have been forced to develop an online presence […]
It’s not suitable for every type of business, but for those merchants who can implement it the subscription billing model is a huge and growing opportunity. Business analysts now estimate that this sector is growing at almost 9% a year, and is likely to hit a global turnover of some $7.5 within the next five […]