3 articles Tag e-commerce

Growing Your Online Business Overseas

One of the easiest ways to take your business to the next level is to find a brand new market that you can start to grow it in. You might be able to find that market domestically by appealing to new demographics, for instance, but the most common way of doing it is to expand your business overseas. However, if you want to make sure you acclimate as best as possible, you want to try and grow it naturally, rather than simply exporting what you’re already doing.

Growing Your Online Business Overseas

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Set it up separately

There are undeniably organizational benefits to running an existing business overseas. However, ensuring that your business follows two sets of regulations, handles tax duties appropriately, and otherwise operates smoothly in two different countries can be difficult. It might instead be easier to start your business abroad from scratch, adapting what you need to without needing to change how you run your existing business. It might take a little more time to raise the capital but it allows you to be more flexible on both fronts.

Separate your finances

Just as you should make sure you have separate business and personal bank accounts, you should separate your finances between the countries that you do business in, as well. There are plenty of services that can help you set up an international bank account and make it easier for you to transfer money from one to the other. Just be sure to keep records of every transaction between your different accounts as, when it comes to overseas transfers, the taxman can be particularly skeptical and you want to make sure you have all the evidence of good behavior you need.

Get to know the country

Simply put, there may be barriers that you have yet to consider when it comes to running a business in one country compared to the other. They could be two different markets, with different competitors and norms for how the industry works. You also need to be wary of differences in business etiquette, marketing message, and even political climate and property rights. Some countries could be risky to start a business in depending on what party gets in charge, as has happened many times.

Are you ready to handle it all?

If it’s a relatively small business, then running two at the same time, or at least running one in two countries, might not be all that difficult compared to what you usually do. However, if you have your hands full with just one, then you might need to consider how hands-on you can actually be. It might benefit you to develop good working relationships with a managerial team that is native to the country that you’re expanding to. Not only can it help you delegate, but it can also give you an advantage in avoiding some international relations snafus.

Taking your business overseas isn’t always easy. For that reason, finding the organic approach to grow it in a new market can help you find your feet and, more importantly, avoid some red tape.

Top Things to Consider When Setting Up an E-Commerce as a Full Time Parent

Top Things to Consider When Setting Up an -Commerce as a Full Time ParentPhoto by Anete Lūsiņa on Unsplash

Looking for a way to earn income as a full-time parent? Starting an online shop could be a great idea.

Being a full-time parent is a job within itself. So, how can you find the time to look after the kids and set up an e-commerce business? It may be tough, but it’s definitely doable. To help get you started, below you’ll discover the top things to consider when setting up an e-commerce as a full-time parent.

Focusing on the right things

There’s a lot to do when setting up an e-commerce business. From deciding what you’re going to sell, to setting up the shop, finding stock and generating customers; with so much to do, it’s easy to focus on the wrong things. For example, you may want to offer numerous new product lines. However, when you’re just getting started it’s a much better idea to focus on just one product line.

The delivery process

The delivery process is one of the most important factors in your business. Customers today don’t want to wait days for delivery. So, you’re going to need to make sure you’re offering several delivery options, and that you have a good system in place to deal with orders quickly.

Using a courier app, such as the one offered by Parcel2go can help you to get orders out quickly and easily. It’s crucial you choose a courier you can rely on. One way to deal with this could be to hire a company like this london courier service, who can help ensure these delivery promises are met.

Automate parts of your business

One thing that’s really going to help you when you’re just starting out, is automating parts of the business. There are a lot of tools out there which can help you to automate numerous parts of your e-commerce store.

As you’ll be using social media to build up your brand, you might want to consider using an automated application such as Hootsuite. These enable you to schedule posts in advance. You can also automate email marketing and potentially orders if you use Shopify’s clever apps.

Setting up a business as a full-time parent is challenging. However, if you follow the tips above, it will give you the best start, helping to increase the chances of your e-commerce store’s success. Make use of weekends and evenings to focus on the business when the kids are asleep. Running an e-commerce store as a busy parent isn’t going to be a 9-5 job!

Looking for a way to earn income as a full-time parent? Starting an online shop could be a great idea.

Being a full-time parent is a job within itself. So, how can you find the time to look after the kids and set up an e-commerce business? It may be tough, but it’s definitely doable. To help get you started, below you’ll discover the top things to consider when setting up an e-commerce as a full-time parent.

Focusing on the right things

There’s a lot to do when setting up an e-commerce business. From deciding what you’re going to sell, to setting up the shop, finding stock and generating customers; with so much to do, it’s easy to focus on the wrong things. For example, you may want to offer numerous new product lines. However, when you’re just getting started it’s a much better idea to focus on just one product line.

The delivery process

The delivery process is one of the most important factors in your business. Customers today don’t want to wait days for delivery. So, you’re going to need to make sure you’re offering several delivery options, and that you have a good system in place to deal with orders quickly.

Using a courier app, such as the one offered by Parcel2go can help you to get orders out quickly and easily. It’s crucial you choose a courier you can rely on.

Automate parts of your business

One thing that’s really going to help you when you’re just starting out, is automating parts of the business. There are a lot of tools out there which can help you to automate numerous parts of your e-commerce store.

As you’ll be using social media to build up your brand, you might want to consider using an automated application such as Hootsuite. These enable you to schedule posts in advance. You can also automate email marketing and potentially orders if you use Shopify’s clever apps.

Setting up a business as a full-time parent is challenging. However, if you follow the tips above, it will give you the best start, helping to increase the chances of your e-commerce store’s success. Make use of weekends and evenings to focus on the business when the kids are asleep. Running an e-commerce store as a busy parent isn’t going to be a 9-5 job!

Best Payment Gateway for International E-Commerce

e-commerceLaunching and maintaining your own business can be a confusing and somewhat overwhelming prospect. This is perhaps especially true in today’s world, where you could be selling to someone across the world just as easily as you could someone next door. In order to take advantage of the larger market and help use it to our advantage, it is important to have the right tools at your disposal. The best payment gateway for international e-commerce, for example, is important to help all of your transactions, no matter where they originate, run smoothly. To do this, you should look into a great merchant processor that can offer you other benefits, like a free credit card machine.

Merchant Account Processor

One of the main tools at your disposal when it comes to running your international business is your merchant account processor. You need a service that can help provide your customers with a seamless purchasing experience whether they are local, or located across the globe. To do this, take your time and look for a well-established merchant account processor that understands how to provide you the services you need. They might also offer extras, like a free credit card machine, to further help make your experience a good one.

Beware the Fees

Something else to keep in mind is that you will end up paying a processing fee on every credit card payment you receive. That means that you naturally want to find the merchant account processor with the lowest credit card processing fees you can find. This will help ensure that you retain as much of your money as possible rather than losing it to simple transaction fees.

Merchant Account Solutions offers experienced and comprehensive service to all of their customers. Take a look at how they can help you!