With 2020 fast approaching, many small business owners have started writing resolutions for the New Year. Often, however, these goals are poorly defined, such as: “Get more customers” “Save more money” Without a game plan, the likelihood of succeeding with either goal is small. In fact, most professional and personal New Year’s resolutions ultimately fail due to lack of specificity. But not this year.
Read the Full Post
Topics:
Small Business Tips
As a business owner, you’re likely already aware of the PCI compliance rules governing payment data security. However, payment information isn’t the only thing worth protecting from fraud and abuse. In fact, there exists a host of data protection laws around the globe designed to safeguard sensitive personally identifiable information (PII). These privacy acts are becoming increasingly important given the speed and ease with which we send, receive, and store data in the digital world.
Read the Full Post
Topics:
E-Commerce and Online Payments,
PCI Compliance and Fraud Prevention,
Small Business Tips,
Enterprise Business Tips,
Consumer Education
2019 is nearly over, which means it’s time to get ready for all the opportunities and challenges that businesses will face in 2020. Payments are an integral aspect of business, so it’s important to stay on top of the trends that emerge each year. Here are some of the forecasted payment trends for 2020 and how they may impact your business in the new year.
Read the Full Post
Topics:
Due.com Partner Posts,
Small Business Tips,
Payment Trends
Even with a holiday shopping season that has been calculated as more than a week shorter than past years, estimates point to record holiday revenue. That means more opportunities to grab your share of the sales. Here are some of the holiday shopping revenue predictions, along with what you can do to tap into them as a small business.
Read the Full Post
Topics:
Due.com Partner Posts,
Mobile Payments,
E-Commerce and Online Payments,
Small Business Tips
The online customer experience consists of many factors. A company needs to excel at all points to meet expectations and deliver the type of experience that will bring customers back. Shipping Counts Shipping is one of those components that goes into creating an exceptional customer experience. And, shipping may even be a deciding factor for some consumers.
Read the Full Post
Topics:
Due.com Partner Posts,
E-Commerce and Online Payments,
Small Business Tips
There are many industries that experience peaks and valleys throughout the year. It doesn’t make sense for businesses in these sectors to maintain a full roster of employees during the less busy seasons. This phenomenon obviously applies to: Hospitality, restaurant, and vacation businesses that cater mostly to tourists Retailers that need extra staff during the busy holiday shopping season — from Black Friday to New Year’s
Read the Full Post
Topics:
Small Business Tips,
Awareness
Small Business Saturday is one of the busiest shopping holidays of which most people have never heard (including many small business owners). Part of this stems from the fact that it falls on the last Saturday of November — nestled between Black Friday and Cyber Monday. However, make no mistake. Small Business Saturday is very big business — generating more than $15 billion in sales from 100-plus million shoppers every year.
Read the Full Post
Topics:
Small Business Tips
With holiday items already on display in some retail shops, it’s time to delve deeper into what this holiday season may bring in terms of consumer shopping trends to be better prepared and reap the rewards. Healthy Economic Optimism for More Holiday Shopping A recent OpenX consumer poll was conducted to gauge consumer optimism for their holiday shopping plans.
Read the Full Post
Topics:
Due.com Partner Posts,
Mobile Payments,
E-Commerce and Online Payments,
Small Business Tips
A recent Deloitte report provided insights into the opportunities and challenges of B2B middle market payments. This specific market of small and medium-sized businesses makes up a considerable part of the U.S. economy, but struggles to get the type of payments solutions they need despite the ongoing digital transformation of business.
Read the Full Post
Topics:
B2B,
Due.com Partner Posts,
Small Business Tips
Whether you are starting to think about your online retail strategy for the upcoming holiday season, or you want to make overriding changes to your customer experience, personalization will play a critical role. That’s because customers see personalization as a component of the overall experience they seek from your brand. According to Accenture, 44 percent of consumers are frustrated when companies fail to deliver relevant, personalized shopping experiences.
Read the Full Post
Topics:
Due.com Partner Posts,
E-Commerce and Online Payments,
PCI Compliance and Fraud Prevention,
Small Business Tips