Category: Business

  • Small Business Management: How to Build Strong Employee Relationships

    Small Business Management: How to Build Strong Employee Relationships

    You may be familiar with the seeing-employees-as-investments approach to business, and for good reason. It leads to sensible decisions with long-term implications. The problem with that stance, though, is the sense of personal detachment that it cultivates. You can obsess over returned value from a lofty perspective, remaining indifferent in an effort to stay rational.

    That approach, then, isn’t enough in its classic form. It requires expansion. You need to focus on the fundamental exchange of the working relationship, accepting that the best way to get people to work hard for you is to work hard for them in return. And that hard work has to take place in the trenches, so to speak. If you want loyalty (the key to small business growth, particularly in a fast-moving industry like ecommerce), you need to earn it through your personal involvement.

    One often-overlooked key to getting things right is having candid and productive conversations with your employees. Communication is the lifeblood of business, but it’s often below par. In this post, we’re going to consider how you can prepare for discussions with your employees, how you should address them, and how your follow-up actions will shape your success. Let’s begin.

    Preparation: what you first need to do and know

    It isn’t a good idea to go into staff conversations cold, assuming that you can simply pick things up as you go. Would you accept one of your workers going into a client interview with no talking points and little awareness of the agenda? No, of course you wouldn’t — and your attitude when speaking to your team will set the tone for how they approach their work.

    Research is a must here, then. Before you engage with someone, familiarize yourself with their company history: this should be easy in a small business, but if you’ve been distracted and don’t talk to them very often then you may have forgotten some key details. What are they like personally? What kind of track record do they have? Assuming you’ve previously held discussions and performance reviews, what came of them?

    Remember that a core component of radical candor is caring personally: when you care about someone, you take the time to learn things about them and demonstrate that you see their importance. If you don’t arm yourself with relevant details, any effort to evince a personal connection will ring hollow and likely worsen your relationship rather than improve it.

    You need to keep all of this in mind when you schedule your staff conversations. If you know that one of your employees is somewhat anxious, don’t let them know a week in advance that you want to have an in-depth discussion: no matter how you frame it, they’ll end up worrying that it’ll turn negative. Your feedback should concern performance, not personality. Instead, find time to engage in light ad-hoc conversation, then build up from there in a natural way that doesn’t put pressure on them.

    Conversation: how to get your attitude right

    When you get to the point of conversation, your focus (as noted in the title) should be on finding out what they need to be happier and more productive. Done right, this will benefit everyone. The important thing here is to be direct with your employees: you might instinctively feel the desire to talk around issues in the hope that you can avoid awkwardness, but that tactic will only add awkwardness by engendering misunderstandings and causing the conversation to drag on.

    If you’ve noticed that a particular employee’s productivity has dropped massively in recent weeks, your job is to be both blunt and compassionate. Say something like this: “I can see that you’ve been struggling to work productively in recent weeks. It’s alright, I’m not angry, but we do need to fix it — so how can I help you get back up to speed?

    The sooner you note the fundamental issue, the sooner you can get to resolving it, so the lack of buildup is a good thing. Fearing for their job could prevent them from thinking clearly, so reassuring them — and using “we” to share responsibility — will make a huge difference. There’s also a fundamental positivity in the question since it assumes that they can get back up to speed, and your focus is on how you can help make that happen.

    On the other hand, you might see that an employee has been performing extremely well, in which case you could approach them from a totally different angle: “You’ve been doing a fantastic job recently, and I really appreciate your efforts, so I want to ensure that you’re not bored. Are you enjoying what you do? How could I mix things up to make your workday more interesting? If you have greater aspirations, I’d love to help with them.

    You might want to simply leave them to their work and reap the benefits, but maybe they could do more for the business — and maybe they’ll look elsewhere if they’ve mastered their current role and see nowhere to go with it. Whether you’re addressing a negative or a positive, you should focus on coming away with a clear idea of how things can be better.

    Reaction: how to follow up in a positive way

    All the goodwill in the world can amount to nothing if it isn’t properly harnessed. Having a solid conversation with an employee is just the start: what really matters is that you actually deliver on the identified need (or needs) to whatever extent is practical. If a high-flying salesperson asks for their salary to be tripled, you probably can’t accommodate their request — but you can give them a raise of some kind, making it as generous as you can afford.

    Very often, you’ll find that employee needs concern businesswide services and working conditions, so you should look for the recurring themes and use them to derive an order of priority. Pay close attention to the broad context of your industry, and decide how far you’re willing to go to improve things. If you can’t take action immediately, you can at least report to the relevant employees that you’re conducting useful research, and even get them involved in the process as a way to show them that they’re important to your business.

    And with working conditions, you should strive to be as flexible as possible with a focus on productivity. If the remote-working revolution stemming from the COVID-19 outbreak has taught us anything, it’s that companies can survive massive operational changes if they trust their employees to get their work done in unusual circumstances. Don’t cling to ceremony for the sake of it. If people want to work in different conditions (as is heavily the case), let them.

    Consider, though, that employees might not know exactly what they want. To some extent, this will be because they won’t fully know what options and avenues are available to them. If you suspect that an employee might benefit from a major change even though they’ve never requested done, pitch it to them, explaining as you do so how you can help them. Suggest a research trip, or a training course. If you’re willing to use an employer of record service, let them know that they can even move overseas and keep their job if they want a fresh start in other aspects of their life. If you end up changing someone’s life, they’ll forever be grateful to you.

    Lastly, when you’ve implemented changes, keep asking questions. Attitudes and requirements change over time. Even your best employee might suddenly think of something else that could help them work effectively, and continued engagement is the best way to show them that your mind is always open. You should be so communicative that your staff members start to reach out to you directly instead of waiting for you to ask. That is the endgame.

  • Top 10 B2B China Sourcing Websites to Find Wholesale Suppliers

    Top 10 B2B China Sourcing Websites to Find Wholesale Suppliers

    Are you hunting for the best Chinese sourcing websites to find wholesale suppliers? With numerous Chinese sourcing websites out there, you might be wondering which one you should trust. If so, you’ve found the right post.

    Starting a B2B business online always takes time and investment to ensure you don’t get scammed by the sellers. Every buyer wants to receive their goods on time with a smooth delivery process. They also want to ensure the products they buy are of premium quality.

    When business owners are planning to connect with the best B2B China sources, several questions appear in their minds. Will they be meeting with certified wholesale suppliers? Are the prospective platforms secure and reliable? Can they use multiple payment methods? Will they get deals and discounts on bulk purchases?

    In short, every supplier and wholesaler is looking for a secure and comprehensive B2B supplier website to use. This post lists the top 10 B2B China sourcing websites to help you find cost-effective wholesale suppliers with minimal effort.

    The Boom in B2B Marketplaces

    B2B eCommerce becomes has become a huge digital frontier in recent years, with the global pandemic causing a significant uplift in interest. In fact, B2B marketplaces have attracted much more attention and investment than their B2C counterparts. It’s been estimated that the B2B eCommerce industry has reached USD 149 trillion, which is 5x more than B2C.

    A recent survey showed that B2B eCommerce sales reached $7.35 trillion in 2021, and this amount is expected to grow 70% in upcoming years. It’s actually projected to reach $18.75 billion US dollars by 2026.

    List of Top B2B China Sourcing Websites 

    If you are wondering how to find wholesale suppliers, let’s dig into it!

    1.eWorldTrade

    Everyone is familiar with this B2B platform that is eWorldTrade. This global and comprehensive B2B platform offers unparalleled eCommerce solutions for small to medium-sized businesses. It operates its services for more than a decade, and it becomes the leading B2B China sourcing website.

    This digital trading platform aims to help businesses to accomplish a commercial competitive edge. It has an interactive user interface, so customers can enjoy the fastest and most secure trading. It even has AI-integrated chatbots to solve any customer query. Once you join this platform, you have ample space to highlight your brand information. It permits you to get free quotes, offers multiple payment methods, and has reordered policy.

    eWorldTrade is a good choice if you are looking for the best B2B China sourcing website to find wholesalers.

    2. Amazon 

    Amazon is no doubt a leading B2B Chinese sourcing website. This platform helps buyers to find the most reliable wholesaler suppliers from every corner of the world. It aims to build strong relationships among them. So, trading internationally is not a challenging thing for them. Amazon help businesses to grow their horizon, whether they belong to the food manufacturing industry or operating in the automobile industry.

    Once you connect with Amazon, you can access millions of products belonging to every category. It allows minimum order quantity with automated pricing. It even allows reordering your previous purchase.

    3. Alibaba

    Does Alibaba sound familiar? Yes, it is, right! This is also the world’s greatest and largest B2B platform with a huge directory of wholesale suppliers and buyers. It is even known as the pioneer of B2B wholesale eCommerce. It is open the gateways for Chinese factories to perform business activities worldwide.

    Alibaba becomes the top B2B China sourcing website, where you meet with thousands of merchants and buyers from every corner of the world. For buyers, it is the best marketplace that offers trade assurance, multiple payment channels, etc.

    4. AliExpress

    Looking for the biggest name in B2B China sourcing website to find wholesale suppliers? Then AliExpress will be another marketplace to choose from. This B2B website is the subsidiary of Alibaba. It has now built into the largest online retail store where you can easily hook up with the Chinese and international wholesale suppliers.

    AliExpress also has an incredible product catalog of premium quality products. Whether you want to buy books, electronic items, kid toys, or furniture, everything is available on this platform. It has a comprehensive incentive and discount policy as well.

    5. DHgate

    DHgate is another top name among B2B China sourcing websites. If you are new to this industry, then DHgate will be a better choice. It is highly recommended for newbies, as it offers the fastest and most simple wholesale buying experience. This retail hub offers high-quality goods and services at cost-effective rates.

    At this platform, you meet with trustable wholesale suppliers and retailers from every industry. Regardless of any industry you belong join DHgate today. It has perfect product listing, offers sophisticated search, in-depth product information, etc.

    6. Global Sources

    Are you hunting for the one-stop-shop B2B China sourcing websites? Global sources is another prominent name. This B2B platform is considered the oldest platform that was launched in 1971 and has experience of 51 years of operating businesses online. It has millions of trustworthy sellers and buyers and consistently increasing.

    Global sources have an optimized storefront and a user-friendly interface. It follows a customer-centric approach to allow buyers to get premium quality products easily. It offers the fastest and most secure payment and delivery methods.

    7. HKTDC (Hong Kong Trade Development Council)

    HKTDC is one of the most trusted B2B China sourcing websites to find wholesale suppliers. Here you find 130,000 Chinese suppliers. This platform is an organization dedicated to the economic growth of the Hong Kong Traders, and gradually, it becomes the leading online marketplace to sell goods worldwide.

    HKTDC has a directory of trusted and reliable suppliers from Asia, Hong Kong, and China. You can connect with certified suppliers who offer high-quality products at reasonable rates. This platform gains popularity due to the potential buyer journey.

    8. DIYTrade

    DIYTrade has described itself as the leading B2B trading platform and has a huge directory of Chinese products. This B2B China sourcing website claims to have 5 million products on this platform. This retail hub was inaugurated in 1999, and its headquartered was in Shenzhen, China.

    DIYTrade has an interactive and engaging user interface that encourages visitors to buy products from certified wholesale suppliers. It has a huge product listing with a massive catalog. It even offers a customer support system to help out buyers to solve problems. You can choose a payment method after connecting with the supplier.

    9. EC21

    EC21 is the most authentic B2B China sourcing website where you find thousands of reputable wholesale suppliers across the world. It has a highly interactive, flexible, and easy-to-use interface that engages buyers to make a purchase.

    If you are looking for a supplier on a regional basis, it distributes visitors by the country. It even has an outstanding product catalog. It has a huge directory of 3.5 million visitors every month.

    10. Lovely Wholesale

    The lovely wholesale market is popular for offering products for females’ clothing and garment items. This Chinese wholesale website claims to have almost 6000 products with a unique style that have to listen on their platform. This platform is highly focused on considering buyer safety; if you get damaged products, they offer a return policy and even discounts on your next purchase.

    Lovely wholesale has a robust refund policy, so they make sure to consider quality assurance and offer products at reasonable rates.

    Guest Author: Ali Hasnain is a trend researcher by passion, senior digital marketing expert, and SEO consultant. He leverages his experience to help SaaS products, influencers, local businesses, and eCommerce brands grow their traffic, leads, sales, and authority. Follow him on LinkedIn.

  • Tips on Cost-Effective International Shipping For Any Business

    Tips on Cost-Effective International Shipping For Any Business

    Shipping is one of the main expenses for any online business. You can have great products at the lowest price out there, but it’s shipping that enables customers to try the products you offer.

    Inaccurate shipping rates, high real-time rates, lack of delivery options are some of the key factors shaping why your customers might abandon their shopping carts instead of proceeding to checkout. To achieve cost-effective shipping, retailers might want to consider matching products dimensions with the dimensions of the package, use dimensional weight shipping, apply landed cost when needed, and more.

    To find out about all tips on cost-effective shipping, have a look at these steps and factors influencing shipping costs directly.

    Package characteristics

    The more precise package parameters you send to the carriers, the more accurate real-time rates you will receive. In some cases, this means saving extra money on shipping. Carriers charge more for bigger packages even if they are lightweight because they take extra space in the transportation vehicles. Retailers ship packages wrapped in filling and packaging materials that take 70% of the whole package. Not only is this unprofitable for all parties, but it is also harmful to the environment.

    As a retailer, it is important to match the dimensions of the product with the dimensions of the package. This is called Smart Packaging. Smart Packaging is a shipping feature that automatically pre-packs each order into the optimal package and requests real-time rates directly from the carriers based on these specific parameters. Smart Packaging feature is very similar to what many might know as Dimensional Weight Shipping.

    Unlike Smart Packaging, when using Dimensional Weight Shipping there are only the product’s dimensions taken into consideration which are length, width, and height of the product. Both methods are cost-effective, however, the accuracy of real-time rates is higher when using Smart Packaging.

    Landed cost

    Landed cost is a sum of all costs it takes to ship a package abroad. These costs include value-added taxes, insurance fees, shipping costs, import licenses, customs duties, and similar. Some of the costs like import license or insurance fees are not obligatory and depend on the nature of the product or the country the package is going to be shipped to.

    It is crucial to keep in mind that accounting for shipping and manufacturing is not enough. The formula for calculating landed cost should include profit margin as well. Profit might be completely wiped out altogether by the landed cost if the retailer miscalculates how much it will cost to ship a package abroad.

    Additionally, surprising your customers with unexpected shipping costs after receiving packages from abroad is not professional and might lead to dissatisfied customers.

    Rate shopping

    Rate shopping is a comparison between carriers’ service and their corresponding real-time shipping rates. This comparison serves to find the cheapest or the fastest real-time rates. The process of rate shopping can be fully automated, saving a lot of time. Overall, the automated rate shopping process creates a better and simpler checkout experience, as only the best shipping rates are visible for your customers.

    Limit return shipping policy

    Offering a return policy is nothing new and unique these days. The majority of retailers use quick and free returns as a competitive advantage. However, what will be the influence on your business if you offer a zero return policy?

    The point of limiting the return policy is to make your customers aware of what they shop for. The drawback of the return policy is that any product can be returned quickly and easily.

    Customers do not pause about the necessity of the product and online shopping becomes very impulsive. It became easier and cheaper for retailers to dispose of faulty products rather than repair them. Limiting return policies might save you as much shipping cost as any other factor mentioned above.

    Shipping destination

    The destination is another factor influencing the cost-effectiveness of your shipping. The farther away the destination is, the more expensive and slower it is to deliver the products. The problem with international shipping is that often carriers delegate shipments to one another once they reach the international borders. For example, for some ground shipping services UPS delegates shipping to Canada Post as soon as it reaches the Canadian border. This process is slow and requires one unified shipping rate from both carriers.

    If you are shipping from the United States, check out the list of the countries which are in a free trade agreement with the US. Free trade agreement allows you to ship with lower shipping rates, but it does not guarantee lower tariffs for each type of product shipped. Still, it makes moving goods around the world more cost-effective and easier.

    Conclusion

    Here are summarized the main factors that are necessary to achieve cost-effective international shipping. Some additional factors might be the inclusion of delivery dates at the checkout to avoid paying for re-routing or rescheduling of the package. Some of these factors are not only helping you to achieve cost-effective shipping but also increasing the accuracy of real-time rates as in the case of Smart Packaging and Dimensional Weight Shipping.

    Author’s Bio

    Lucia Liskova is Marketing Manager at Calcurates by Amasty shipping SaaS for e-commerce.

  • Is The Ecommerce Subscription Model The Future Of Online Retail?

    Is The Ecommerce Subscription Model The Future Of Online Retail?

    Charting the growth and development of ecommerce is an awkward task indeed. The industry hasn’t actually been around for that long, yet the core process settled into a comfortable groove around the time Amazon rolled out the model that has kept it in a position of global dominance. Since then, you might think that little has changed — but is that really so?

    Consider the key area of shipping, for instance. The fundamental mechanisms are the same as ever, but the notion of supporting various pick-up locations is relatively recent, and there are still plenty of sellers getting to grips with it. And then there’s the matter of on-site marketing. Product preview tools are vastly better than ever before, with many companies taking advantage of AR technology to encourage prospective buyers over the conversion line.

    In fact, when you pick through all the elements, it’s clear that ecommerce is always changing — just in an evolutionary way. The basics are cast, just as the basics of traditional retail were long ago, but the use of those basics is incrementally being subjected to experimentation. New approaches come along, fly high or fall short, and change how things are viewed.

    One approach that’s clearly flown high is that of bringing the subscription model to ecommerce. You can’t have escaped the rise of this business model — but is it the future of online retail, just another option, or a tactic with a limited shelf life? In all likelihood, it’s somewhere between the first two. Allow me to explain why.

    Consistency provides a steady revenue

    When you rely on subscriptions, you know that any given purchase isn’t a one-off payment: it’s a gateway to enduring payment. This makes it so much easier to predict how much revenue you’ll bring in each month, providing you with a level of security that frees you to grow your business without needing to worry so much about financing.

    Your churn rate (the rate at which you lose subscribers) will obviously factor into this, but if you do most things right then you should have a solid base of loyal customers. So what can you do with your steady revenue? Well, you can invest in many ways. You can expand your operation in the most basic sense by scaling up what you’re already doing, or upgrade some aspect of your infrastructure, or even put the money into a secondary business.

    This is also great for maintaining the value of your business for potential investors or buyers. Even if you don’t want more money and have no interest in selling your store, it’s prudent to keep the perceived value high: you never know when a golden opportunity might come along and inspire you to go in a totally fresh direction.

    Simplicity reduces admin complexity

    The process of fielding administrative issues can be tricky in the ecommerce world. With each complaint, you must first determine exactly what product (or products) are involved, how and when the purchase was made, and what communication has already taken place — and if you want to keep the customer happy, you must then take some relevant actions.

    If you sell a hundred products, that holds you to assisting with the use of each and every one of them, even though it may not technically be your responsibility. Some customers will never accept the need to go to a manufacturer for assistance. Updating orders, offering deals: it’s a complicated process. And then there’s the matter of getting your pricing right. Imagine regularly monitoring a hundred price tags, ensuring that they stay in line with market averages.

    Using the subscription model takes away a lot of this work. When you offer a small selection of subscriptions, your work is similarly stripped back (customization options won’t be too problematic since most people will go without them). You’ll end up getting the same questions over and over again, making it easy to answer them, particularly with a knowledge base.

    The pricing too gets much simpler. You can use a dynamic pricing tool if you’d like, with Prisync being the classic example, or make manual tweaks using subscription management software such as Chargebee. You can alter the fundamentals of your subscription tiers, see how it impacts your results, and proceed accordingly.

    Larger commitments allow for discounts

    Another great thing about subscriptions for products is that buying in bulk makes it possible to offer discounts that wouldn’t be viable otherwise — at least, not for individual resellers. Wholesalers have always been able to lower prices in that way, but chiefly within the world of B2B retail. And making your products cheaper will obviously help you to sell more subscriptions.

    Bundling products together also gives you the freedom to maximize profit margins for crucial products by balancing them with narrow profit margins on others, and even offload items that wouldn’t ordinarily sell. Indeed, the point of many subscription boxes is to invite mystery, with subscribers not knowing exactly what they’ll get each month.

    Subscriptions will never suit everyone

    Despite those advantages, of course, it’s hard to describe the ecommerce subscription model as the future of online retail. Why? Because it doesn’t suit every situation. Just as there are products that don’t really fit the subscription model (think of expensive and rarely-purchased items, for instance), there are people who’ll never want to subscribe to receive products.

    Merely being part of the future of online retail is nothing to be sniffed at, though. It’s quite clear by now that the subscription model is a rousing success that only stands to get bigger in the coming years, so it’ll be interesting to see which niches it infiltrates next.

  • What Is The Best CRM For Small Businesses In 2021?

    What Is The Best CRM For Small Businesses In 2021?

    Big data analysis isn’t just for big companies. Through powerful yet intuitive CRM systems, it’s possible for small businesses to glean insight into their sales. But which CRM choice is the most fitting?

    The online world offers seemingly-unlimited business opportunities, allowing brands of all sizes to find new prospects, streamline their operations, spread their marketing materials, and action real-time strategic changes. Taking full advantage of those opportunities, however, requires the use of sophisticated software designed to support business development.

    Among the key software types (sales and marketing tools being particularly important), there’s one that plays a vital role across the board: CRMs. A CRM system (with CRM standing for customer relationship management) provides features that help companies tweak their targeting, unpack customer activity, improve retention, and do myriad other useful things. It’s an area in which every ambitious business should invest.

    But if you’re going to commit to a CRM, which one should you choose? While the monthly subscription model used by most systems will give you the option of changing your mind down the line without wasting any money, it’s simply inconvenient to consider having to port over all your data and learn a completely new system.

    To make things easier for you, we’re going to expand upon the role of a CRM, identify the features and advantages you should look for, list some popular options, and attempt to pick a frontrunner. By the end, you should have a good idea of how to overhaul your sales processes.

    What are sales pipeline management tools?

    In a nutshell, sales pipeline software allows businesses (and sales representatives in particular) to easily and extensively track the progress of their various sales opportunities. Every small business needs a regularly-updated lineup of leads to account for inevitable churn: only big brands have the resources and reputations to keep their top clients locked in for years.

    Though this category of tools could encompass other things, it’s essentially just populated by CRM tools. A good CRM solution should do just about everything typical sales teams will need to cover in their daily workloads, offering contact management tools, project management tools, third-party integrations with marketing automation services, and various other handy features. 

    How important is CRM software?

    The answer to this question is easy: if you’re running a small business and aspire to grow it, CRM software is a vital investment. Contact management can easily get messy if you’re trying to handle it through ad-hoc spreadsheet work or even handwritten notes. Leads can be lost, and wires can be crossed. It might seem fine when you’re only pitching to a client on occasion, but long-term development will demand an increase in pitching scale.

    Due to this, it’s imperative that you start sourcing some CRM software for small business growth — but the fact that you’re reading this likely means you don’t need any more convincing. Let’s get into what makes great CRM software tools worthy of handling key customer relationships.

    What should you look for in a CRM?

    So, what makes a CRM suited to small business use? What should you look for? The simplest way to look at the matter is to break it down into the following four core elements:

    • Pricing. Small business CRM software has to be affordable, because small businesses simply can’t afford to pay huge amounts for the tools they use. And while it’s possible to use a free CRM, it won’t provide the scalability or flexibility that business growth demands. This is an investment in your future that needs to be financial. Pay particular attention to how tools are priced: will you be charged per user, or can you have unlimited users? If you have various sales reps, the latter will be preferable, but if there’s just one person doing the work then the former will be better. And look into discounts available for long-term commitments. If you can confirm that a tool works for you through a trial period, and you’re sure about it, it makes sense to commit.
    • Features. What do you get for the price you’re paying? Software for small businesses may be sparsely featured relative to services aimed at the enterprise level, but you can still realistically expect a range of CRM solutions that can transform your sales process. Does a given candidate offer compelling workflow automation tools? Can it handle customer data in a GDPR-friendly way? Will it allow your sales team to neatly nurture customer relationships through tracking customer touchpoints? Consider how differently something like customer segmentation can be approached, and determine whether the CRM process you’re looking at truly suits your company ethos. All your business processes need to fit together neatly, after all, and smart small business owners will only invest in systems that work together seamlessly.
    • Design. The best CRM software doesn’t just have great features: it also makes them extremely easy to use. The software world is littered with examples of tools that can do incredible things but require their users to navigate complex interfaces. The steeper the learning curve for a given tool, the more time you’ll need to put into training, and that’ll cost you money instead of helping you make more. It might end up being worth it, of course, but you shouldn’t settle for a poorly-designed tool when there are plenty around that provide great features through intuitive layouts. Remember that you’ll be using the interface of your chosen CRM for a long time, possibly years, and there’s no guarantee that it’ll be updated. Does it have a mobile app so you can access features on the go? Is it flexible? Is it really good enough?
    • Support. Now that software is so frequently provided as a service (which is important because it lowers costs, improves efficiency, and increases data security), the quality of support provided with a software subscription has become immensely significant. If a new feature is implemented and the documentation doesn’t quite cover everything, you’ll end up relying on the support to point you in the right direction. In addition to checking the support terms, reviewing the hours, and considering the provided channels (you may need the option of using phone calls, for instance), you should read customer reviews. A small business CRM can have a great support scheme on paper, but lack the expertise or commitment to follow through on a consistent basis.

    CRM options to consider

    Now that we’ve detailed what you should look for in a CRM, we can run through some of the leading contenders for the small business crown:

    Zoho CRM

    The Zoho Corporation began offering SaaS tools back in 2005, and Zoho CRM led the way. The company boasts of a comprehensive feature set allowing users to carry out sophisticated customer journey analysis, implement complex workflow automation, create customizable wizards for streamlining processes, and even produce branded self-service support portals.

    At one point there was no free plan option for Zoho CRM, but the acquisition and rebranding of Bigin changed that. Now known as Bigin by Zoho CRM, this alternative solution (that’s fully upgradable to the main Zoho CRM, usefully) offers a simpler solution that’s geared towards small businesses — if you’re willing to accept some key limitations, you can use it for free.

    Regardless of which version you try, you’ll face per-user pricing with variable feature caps. There are also add-ons you can select if necessary, with additional file storage being one. What’s good about Zoho CRM is that it’s formidable right away, though. It isn’t the cheapest, but it’s well-rounded and could be an excellent choice.

    HubSpot CRM

    HubSpot offers a fantastic array of resources to help inbound marketers get results, but don’t let the popularity of its blog fool you: it’s a software company above all else, and the HubSpot CRM platform is a powerhouse, particularly given that many of its tools are available for free. The core part of the CRM system is 100% free and always has been, and you only need to pay if you must exceed the limitations of the lite tools or want additional features.

    This may sound perfect, but the note from earlier still applies: if you really want to grow your business, you’ll need to invest in it. And if you want advanced CRM features, you’ll need to invest in HubSpot’s Sales Hub package. Even the Starter tier offers email scheduling and tracking, VOIP functionality for contacting leads, the ability to bank snippets to save time, and the use of a shared inbox for communication management, to name just some things.

    So is HubSpot CRM a good choice? Well, it requires more configuration than some alternatives, but the ability to use those core features indefinitely without paying for them is very appealing. If you want to trial something for longer than 14 or 30 days, give it a try: you don’t have anything to lose (except for a little time), and if it’s a good fit, you can feel confident about committing to HubSpot due to its outstanding reputation.

    Less Annoying CRM

    Developed as an alternative to complex CRMs already on the market (hence the name), Less Annoying CRM avoids add-ons and niche terminology in an effort to make customer relationship management more accessible. It also offers simple pricing, charging $15 per user per month with no additional tiers or further expenses. You also don’t need to make a long-term commitment to get that price, which drastically reduces your risk.

    So what features are on offer? In essence, all the core features you’d expect to rely on: everything pertaining to adding and managing contacts, complete with custom data fields, and the schedule management you need to keep your leads moving in the right direction. You won’t find email scheduling options, but you can easily log emails from any provider.

    The service is web-based, so you can access it from any decent web-browsing device, and the company has committed to providing all future updates for free. There’s even a convenient export feature so you can make a copy of your data for backup purposes or to migrate to a different CRM. There’s nothing in place to tie you down. So should you use Less Annoying CRM? Give the trial a go, and you’ll soon find out if it fits you.

    Is there a best CRM for small business use?

    To wrap up, then, we can revisit the titular question: what is the best CRM for small businesses in 2021? Alas, the answer, as is often so the case, is that there is no best CRM for small businesses. It all depends on what you’re trying to achieve. Those with terrible reviews clearly aren’t worth your time, but there are many services (particularly the three we’ve looked at here) that consistently get great ratings, so you can’t go wrong with any of them.

    If you don’t want to spend any money, go with HubSpot CRM. It might be enough for you. If you want to pay for a decent service with core features, try Less Annoying CRM. And if you’re willing to pay extra for outstanding automation options, look into Zoho CRM.

    For more guidance on comparing and contrasting the best online store builders and CRMs, check out Ecommerceplatforms.io’s reviews

  • 7 Most Common Accounting Mistakes That Ecommerce Businesses Make  

    7 Most Common Accounting Mistakes That Ecommerce Businesses Make  

    It’s an exciting time to be an ecommerce entrepreneur, especially when you start seeing the sales rolling in consistently.

    But unless you’re following accounting and bookkeeping best practices, you could be causing serious damage to your business.  

    There are tried-and-true ecommerce accounting best practices that we advise working into your workflow. In this post, Here we’re outlining the top problems we see when this doesn’t happen.

    Why is accounting important?  

    Knowing your numbers is important for a variety of reasons. At the top of these is that you’re going to make better decisions when you know how you’re doing financially at all times. It could be the difference between purchasing extra warehouse space when you can’t afford it and deciding instead to focus on product development before expanding.

    Keeping good records also is going to help you get a pulse on what’s doing well and what’s not. While it may be exciting to have a wide variety of SKUs (stock keeping units), maybe the right move for you is to focus on one SKU that sells really well. In order to know, you need to have the kind of reliable sales information that proper accounting provides.

    Finally, having confidence in your numbers is just good business, and it’s going to increase your chances of a healthy growth trajectory. Like an apple that rots from the inside, it’s not always immediately clear when you have an accounting problem. But once that problem makes itself visible, it’s usually too late. And worse, any other problems your business may have could be compounded by the pressures of accounting issues.

    What are the biggest accounting mistakes? 

    Wondering what could go wrong by neglecting to keep your numbers straight? From costly inefficiencies to even legal trouble, there’s a lot that can happen. And even if you may not suffer the more dramatic scenarios, it could mean a lot of lost opportunity and slowed business growth. Here are the top issues we see when ecommerce businesses neglect accounting and bookkeeping best practices. 

    1. Not separating business & personal finances
    2. Not paying yourself a salary
    3. DIY spreadsheet accounting 
    4. Waiting until tax time
    5. Not staying compliant
    6. Overlooking cash flow & inventory forecasting
    7. Equating profit to cash flow

    We explain each of these mistakes in more detail in the following sections.

    1. Not separating business & personal finances

    The most practical reason for keeping your business and personal finances separate is that it’s hard to get clarity on either when they’re intermingled. Not only can this lead to bad business decisions, but it can lead to bad personal financial decisions. Instead, we recommend opening a separate account for your business, including at least a debit card that’s dedicated only to business expenses. Since cloud accounting software can integrate with bank accounts, this will help keep your bookkeeping clean.

    When you get to a point where your product sales are bringing in more than just a little side money, it’s critical to get incorporated as a legal business entity. Otherwise, if your business and personal finances are intermingled and you get sued, you can lose both your business and personal funds and assets.

    Keeping your business and personal expenses separate also is going to make for a much smoother tax time. Having to tease out what’s business and what’s personal in your accounts could take countless hours — even with cloud accounting software. Not only is it a logistical nightmare, but it can also be an expensive one in terms of your time and/or hiring extra help.

    2. Not paying yourself a salary

    Not paying yourself a salary may sound valiant to a casual onlooker. It could signal that you’re so dedicated to your business that you don’t even pay yourself. The problem with this is that it’s not sustainable. You need to account for all of your salary needs as you are planning your and your businesses’ long-term financial future. This not only draws clear lines in your spending but it ensures you’re going to get paid at some point.

    Case in point: If you end up spending all of your savings to start your business, you may find that you need more money down this line. This could be a high-pressure situation where you need to either keep (or get) a job to both support your living expenses and grow your business. This can lead to a crippling cycle of borrowing, which could hold you back in the future.

    Not only is falling into a rough debt cycle detrimental to both your personal and business financial health, but it also looks bad to investors. If you ever decide to fundraise, investors want to see financially stable and savvy business owners who have accounted for their salary and aren’t having to work another job just to stay afloat.

    3. DIY spreadsheet accounting 

    At its very core, spreadsheets or pen-and-paper just opens themselves to too many bookkeeping errors. Consider how many surprise transactions you see when looking through your banking statements. Between subscriptions, banking fees, recurring bills, and more, it’s typically too much to accurately track without the help of software.

    Even if you can do it yourself, it doesn’t necessarily mean that you should. Spending hours on monthly bookkeeping is time that could be spent growing other aspects of business or creating new products (or whatever it is that you do best). 

    Furthermore, we recommend not passing this work off to a virtual assistant, which just compounds the problem of losing time and money when software would suffice.

    Spreadsheets and paper trails also aren’t helpful at tax time. And they can actually hold your business back from staying compliant to tax entities and the governing bodies of your specific industry. Getting either tax or legal issues wrong can mean hefty fines or even the shuttering of your business.

    4. Waiting until tax time

    As we mentioned earlier, waiting until tax time to start cleaning up your finances is ill-advised. It might be a task that, on the surface, doesn’t seem daunting, but it can quickly become one rat’s nest after another. Even if you cleared time in your schedule for all the rat’s nests, you might find yourself needing others to come through with information to help you. That’s a tall order if you’re on a tight deadline.

    If you don’t keep your records clean, it could also cost you dearly when it’s time to meet with your CPA (certified public accountant). That’s assuming they are available if you waited until the last minute. If you do get the help you need, you could end up paying significantly more for delivering messy records at the last minute.

    Most importantly, if your books are unkempt and you unwittingly submit inaccurate information at tax time, you could raise some red flags with the government. This may subject your business to an audit, which could lead to hefty penalties if you’re found to be at-fault for submitting inaccurate tax information.

    5. Not staying compliant

    Using accountancy platforms and cloud software tools such as Xero or Quickbooks can help you stay in compliance, even if only indirectly. Not only are these platforms typically built with common compliance issues in mind, but they also integrate nicely with other software you might be using to run your business – like Shopify Gusto, or TaxJar.  

    Another compliance area that requires special attention is sales tax for U.S. businesses. Not being thorough in your sales tax record-keeping and sales tax payments can mean serious penalties down the line. The good news is that connecting with the right tools — like TaxJar or Avalara — and experts can give you the peace of mind that you’re on the right track. However, using cloud accounting software is typically a prerequisite for that to happen.

    6. Overlooking cash flow & inventory forecasting

    Cash flow and inventory forecasting are two sides of a coin, but their goals are the same: to help you financially plan for the future by looking at the best-case, worst-case and middle-of-the-road scenarios. This gives you a pulse on how you’re actually doing versus how you think you’re doing.

    For cash flow, forecasting is absolutely critical. Imagine thinking you are doing a lot of sales and assuming the business is good only to find out at the end of the year you are severely in the red. People could get laid off. You may have to borrow money just to keep your business operational.

    Conversely, imagine not buying enough of a product only to learn that it’s flying off the shelves. It could mean a lot of lost opportunity. On the flip side, you wouldn’t want to buy too much inventory based on poor data and not be able to get rid of it. You could lose a lot of money — real or potential — by skipping inventory forecasting.

    7. Equating profit to cash flow

    Another problem we see is ecommerce entrepreneurs conflating profit with cash flow. Bank balance accounting is not a sufficient way to keep track of your books. And even if you can handle the mental maths, is that a risk you’re willing to take with your money?

    In addition to your accounts receivable, there is way more to the financial big picture. You also must consider accounts payable (what you owe your suppliers), payroll, taxes, business overhead, and more. Even shipping costs impact your business’ bottom line.

    We recommend the Profit First Framework for a quick way to work out the profit part of the equation. Most accounting systems use the formula of sales minus expenses equals profit. With Profit First, you flip the equation on its head — sales minus profit equals expenses. This helps ensure you keep your business costs in check, yielding the profit that you want to have. 

    In sum, one of the best things you can do for the long-term health of your business is establishing a solid financial foundation. It may be tempting to stick to more comfortable alternatives such as spreadsheets, but in the long run, it can be costly. In the worst-case scenario, it could even cost you your business. 

    Author bio: This article was written by Wayne Richard.

  • What Is Salary Sacrifice & Why Can It Benefit Your Business As Well As Your Team?

    What Is Salary Sacrifice & Why Can It Benefit Your Business As Well As Your Team?

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    Sacrificing salary in return for alternative incentives could create the complete package, helping your team feel valued and your business become more sustainable. 

    While incentives should not replace or undermine the value of a fair and competitive wage, many professionals are warming to the prospect of salary sacrifice — an arrangement between your business and its employees that sacrifices additional pay, typically in return for a non-cash benefit of similar value. 

    Wondering how such a scheme can benefit your business and its employees? Before looking at customer incentives, first turn your attention to your employees. In this article, we explore what it means to accept salary sacrifice and how it affects your operations. 

    What is salary sacrifice and how does it work? 

    Salary sacrifice is an agreement between employer and employee to exchange part of your salary in return for a range of alternative incentives — this can consist of anything from a flash company car to additional contributions to your pension pot.

    The prospect of sacrificing salary in return for other rewards is appealing to some for its ability to build a more rounded package in compromise. But it’s not for everyone. At the crux of it all, your employees will earn less money, which is something that has to be discussed. 

    Asking employees to sacrifice their salary is a rocky road for many businesses. After all, how much you get paid could be the difference between buying and renting your home — or simply supporting your family and paying the bills. 

    Done right, however, salary sacrifice is an effective way to give your employees more control and earn tax breaks on incentives they want their salary to go towards. 

    Pros and cons of salary sacrifice

    As an employer, you can set up a salary sacrifice arrangement by changing the terms on your employees’ contract, but only if they agree to this change — so what makes the deal beneficial for both employer and employee? 

    <img draggable= Tax breaks: the salary you forgo is not subject to tax or NI contributions

    <img draggable= Greater flexibility: benefits can be purchased without paying tax on your salary

    <img draggable= Savings: your business pays less in terms of overall salary, which can be reinvested

    Salary sacrifice is a sensible way of saving money and helping employees receive benefits they would otherwise pay for using their base salary. The caveat, however, is the arrangement isn’t suitable for everyone — not least because employers cannot offer it in place of the national minimum wage.

    Moreover, there are many areas for both employer and employee to consider before pressing ahead with salary sacrifice arrangements: 

    <img draggable= Your team earn less: this affects people’s livelihoods or even mortgage applications 

    <img draggable= State entitlements: state schemes like pensions and support allowances may be hit

    <img draggable= Life cover: existing incentives through the business like life cover may be reduced 

    Salary sacrifice is a two-sided coin that on one end incentivises efficiency and makes benefits more affordable to employees — and on the other, means your team earns less money, which could impact many areas of their life. 

    Incentives and salary sacrifice ideas

    Not sure what to include in your salary sacrifice scheme? Below are a few simple (and effective) incentives both you and your team can benefit from: 

    Cycle-to-work scheme

    Cycle-to-work schemes prove to be a popular salary sacrifice incentive because they ease the cost and burden of travel, helping employees save money on high-end cycle purchases. 

    As an employer you buy the bike and lease it to your employee — this lets you reclaim VAT, which you can invest back into the business or pass the savings onto your team. 

    Additional employee pension contributions

    Providing additional pension contributions instead of adding to an employee’s salary is a tax-efficient way of helping them save for retirement — and retain their service for many years. It is a low cost, flexible arrangement where your business pays an additional percentage, equal to the salary the employee has sacrificed. 

    Gym membership

    Your business can offer employees gym memberships at corporate rates through salary sacrifice. Savings for your employees vary between memberships, but it averages at 10-25% off annual fees. With this you can save on Class 1 National Insurance and support your team’s physical and mental wellbeing. 

    Vehicle leasing programme

    Salary sacrifice car schemes are a surprisingly low-cost incentive to introduce into your business. You can mediate upfront costs by purchasing low-emission or electric cars, which come with government grants and favourable tax breaks. Plus, you can control running costs using fuel cards — a payment method for fuel that comes with fixed discounted rates. 

    Childcare vouchers

    Childcare vouchers allow parents to save money by allowing them to pay for childcare from their pre-tax salary. This scheme works through salary sacrifice where your employer gives you tax-free vouchers to use for childcare support. While you can still choose your own childcare providers, there are limits to how much you can claim. 

    Summary: salary sacrifice benefits your business and team

    Salary sacrifice is appealing to your team because it makes for a more rounded and balanced employment package — and it benefits the business by saving money and retaining employees

    At the crux of it all, however, salary sacrifice isn’t suitable for every employee, nor any old business. Understand how such a scheme would look in your business and identify how it would fulfil your team’s needs, wants, and desires. 

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  • 5 Easy Ways To Reduce Admin In Your Ecommerce Business

    5 Easy Ways To Reduce Admin In Your Ecommerce Business

    Ecommerce is certainly among the most accessible career paths, even now that remote working has become normal, but that only makes it tougher to compete. Whatever you want to sell, there are so many others out there eager to beat you to the punch — so if you don’t do everything you can to get ahead, you’ll find it all but impossible to produce the results you want.

    All the work required along the way can get exhausting, though. It isn’t so bad when you’re putting countless hours into creative tasks, admittedly, but what about administration

    There are so many boring and repetitive actions that need to be done, after all, and dealing with those actions can start to dominate your workday — sapping your energy and ruining your mood.

    Can’t you find a way to eliminate this part of the job? Well, sadly not: you can’t get rid of all your administrative responsibilities. You can, however, make a successful effort to reduce your workload. This will leave you with fewer tasks to handle and more time to spend on other things. 

    Let’s take a look at some convenient ways in which you can manage this:

    Use intuitive software systems

    Given that almost all of the work you do will be routed through digital systems, the nature and complexity of those systems will heavily influence your workload. The better the system you use, the less you’ll need to do. Without a CMS, for instance, you’d need to add new content through editing the files behind your website — a process that can easily go wrong.

    Due to this, investing in great software systems will help you massively. A slick ecommerce platform like Shopify or Wix is the perfect place to start: if you’re currently running your store on a CMS that needs a lot of attention, it makes sense to commit to a migration. And then you should look at how integrations and plugins can deal with various things for you.

    Financial management is a common problem, for instance, yet the right financial software can plough through the required calculations in no time. Read through reviews, do some research, and confirm that you’re truly taking advantage of modern software solutions.

    Hire some reliable employees

    Trying to do everything yourself is a recipe for exhaustion and eventual burnout, yet so many sellers try the solopreneur approach because they want to be in total control and earn all the profit. This is a mistake. If you can’t grow your business, you can’t increase your profitability — and if you can never relax, then what use is it anyway?

    By hiring some trustworthy people to whom you can delegate key tasks, you can reduce the admin done by any given person. Split across several people, the admin requirements of your business might seem fairly trivial. And yes, outsourcing is always an option, but do you really want to be outsourcing vital admin tasks given that freelancers are essentially unpredictable?

    Learn how to automate workflows

    Today’s digital automation is capable of some incredible things, and it’s easier to use than ever before due to the introduction of intuitive software tools like Zapier, IFTTT, and Microsoft’s Power Automate. Learning any one of these systems will allow you to define sequences that you can call upon at any time, meaning you can automate away a lot of arduous tasks.

    Take a complex task like onboarding — something that’s necessary when you have new hires but can easily take up so much time. You can fully define a great onboarding process ahead of time, then simply roll it out automatically when a new hire starts. While you’ll be around to oversee it, you can largely focus on whatever projects warrant your full attention.

    Centralise comms and file storage

    Whether you’re currently working solo or managing a team, you’ll inevitably need to keep track of various things and work on necessary files — and one of the most frustrating and needless admin tasks imaginable is trying to track down a file you were working on recently. You definitely saved it, but you can’t quite remember where, and the hours start to go by.

    By leaning on systems that centralise these things in the cloud (such as Slack or Microsoft Teams for communications, or Google Drive or Microsoft OneDrive for storage), you can make this easy. You’ll always know where you’ve placed key pieces of information, and everything will be incredibly easy to search. Organisation is key.

    Maintain a clear work/life balance

    Lastly, something you might not have considered is that there’s always more admin work to do if you look for it — and the more time you spend working, the more opportunities you’ll have to spot things that need addressing (or seem to need addressing in the moment). This is one reason why you should make sure that you don’t put in too many hours.

    Work your usual day, make the most of the time, then focus on your life outside of work. When you get back to handling your store, the key admin tasks will still need doing — but you might find that some of those that you thought were important are actually not worth your time. 

    In short, don’t invent additional work for yourself out of fear that you’re not doing enough. Trying to do too much is perhaps more likely to cause problems.

    Follow these five simple steps to reduce admin within your ecommerce business, and you’ll have more free time and fewer tasks to handle in no time.

  • How To Start An Online Clothing Boutique: 7 Steps

    How To Start An Online Clothing Boutique: 7 Steps

    If you’re looking to start an online clothing boutique to sell clothes then this article is for you!

    This post provides seven steps that will help you get started on the right foot. They are all simple and straightforward ways to set up your own successful business without spending much money or time.

    1. Choose a name for your online store

    The best way to name a clothing boutique is to choose something that describes what you will be selling. The most popular categories are jeans, tops, dresses, and skirts, among other items. People often use catchy names or words as their titles when describing clothes in an online store.

    Here are two tips to help you choose a name for your online clothing boutique store:

    • Your name needs to be unique and catchy for it to stand out from other stores
    • Don’t use your last name or a common word as the main part of your store’s title because this can make it difficult for people to find you on search engines

    To help you brainstorm for name ideas, use a tool like Namemesh. 

    Credit: Namemesh

    Enter your preferred brand name and the tool will show you a variety of domain names you can sign up for your site.

    2. Create a logo and branding for your website

    Before you start selling any clothing online, you should have a logo and branding. This is important because it gives your business an online identity and makes it unique. It can also help make your website look more professional when customers visit to buy clothes for their wardrobe.

    Your logo should give customers an idea about what you are selling and make them want to buy from you and visit often.

    There are lots of logo design services you can subscribe to help you come up with one for your site. Canva has a logo maker that you can play around with if you’re short on budget. If you want to hand this task off to a professional then you can often find highly rated graphic designers on Fiverr who will get the job done for you.

    But branding goes deeper than just a logo because it includes colours, fonts, images and more — it’s getting a feeling for how someone views your company once they find it on the internet.

    3. Design an attractive, user-friendly website with plenty of product photos

    A good way to design a website is by using a tool such as Weebly. Weebly has templates that are suitable for fashion websites. It also has an intuitive interface, so you can easily make changes to your website’s content and appearance if you need to.

    You can also select from other great platforms like Shopify, Squarespace, and WooCommerce (for WordPress users). 

    The most important thing here is you’re comfortable with the platform and gives you the confidence to make the best possible online store with it.

    Once you’ve chosen the platform, the next step is to make custom tweaks to it to make the store your own.

    Credit: Weebly

    Weebly has plenty of themes to choose from, so you can start with one already made instead of building from scratch to save time. Then select some custom fonts and upload any logos or images that make sense alongside your company’s branding.

    Next, choose the layout that you want for your store. There are different layouts such as grid, two-column, or full-width page template where you can click and drag elements around until they’re positioned how you like them on your site. 

    Regarding product photos, there are many creative ways to take them for your ecommerce store. One of the most important things is to make sure that your pictures look clear and sharp, because this can help encourage customers to buy from you.

    And to achieve this, you may need to hire a professional photographer to ensure that the high-resolution images that put your brand in a positive light.

    4. Promote your business

    If you want to promote your online clothing boutique, you can start by creating social media accounts such as Twitter and Instagram because those are the most popular ones.

    Once you’ve done this, you’ll want to create a Facebook Page for your business. Once that’s done, use it to promote the clothing boutique by posting pictures and updates about new products or sales now and then.

    You can also run paid ads to show your posts to your audience. 

    To do this, you must determine their demographic (age, gender, income, etc.) to ensure that they see your posts.

    Lastly, if you have an email list set up (you should!), we recommend sending out emails when there are any new arrivals of popular items on your site! That way, people will know what they need to come back for next time they see something online that catches their eye.

    5. Decide on the best payment option for your customers

    Credit: Stripe

    Picking the best payment method for your customers is a key part of setting up your online store. 

    Payment gateways like Stripe and PayPal are widely accepted payment methods that also accept credit and debit cards. Both are popular among customers so you shouldn’t have to worry about receiving payment using either gateway.

    Most website platforms have built-in payment gateways to help you process the order, which makes it simple to set up your chosen payment method. 

    6. Determine how you will ship orders to customers

    Because customers want to have their orders delivered as fast as possible, you must find a way to ship them. Pick a shipping provider that works for your business, keeping in mind that you may want to send orders internationally. 

    If you’re in the dropshipping business, you need to align with your manufacturers regarding the orders to ensure that customers receive them on time and without any problems.

    7. Set up google analytics to track traffic on your site

    It’s important to understand where your customers are coming from, and Google Analytics can help you do this. You’ll know which of your marketing channels is working best.

    Credit: Google Analytics

    Google Analytics helps you monitor the number of visitors your site and how the interact with your site. Below are some metrics you should consider when analysing your online clothing boutique using Google Analytics:

    • Average time on site: how long do people stay on your site before leaving?
    • Bounce rate: how many of your visitors leave your store without doing anything?
    • Referral traffic: which online channels do you receive the most traffic from?
    • Top pages: which among your pages attract the most traffic and why?

    From these insights, you’ll have a better understanding of what your audience wants from your store. For example, if your top referring traffic is coming from social media, then you must double down on your social media promotions and efforts.

    Conclusion

    Follow these steps and you have a solid foundation for setting up an online boutique clothing store. We hope that our advice has been useful in helping you get started with starting an online clothing boutique and generating customers and sales over time.

    Author bio: This article was written by Christopher Jan Benitez, a freelance writer. 

     

  • 6 Perks Ecommerce Businesses Can Offer To Attract New Talent

    6 Perks Ecommerce Businesses Can Offer To Attract New Talent

    Are you an ecommerce business looking for new talent? Work perks could make the difference when trying to attract professionals capable of taking your operation to the next level.  

    Today’s job market is people-focused and driven by the candidate, meaning your business has to impress to attract the right kind of talent. In this article we explore six perks you can offer applicants to convince them to sign on the dotted line: 

    1. Flexible working hours
    2. Travel incentives
    3. Unlimited holiday allowance
    4. Commission on sales
    5. Health and wellbeing
    6. Regular social activities

    Works perks are desired because they offer something beyond salary and build a more rounded package. Read on as we outline the best perks to attract new talent and scale your ecommerce business. 

    Flexible working hours

    Flexible working hours, for many years, have been some of the most popular work perks among job searchers, but only during the pandemic have we seen it rolled out into the mainstream.

    With remote working simply being a part of typical professional life now, whether or not your ecommerce business offers flexible hours indicates your willingness to provide a fair work-life balance for new talent. 

    The most attractive (and successful) ecommerce businesses recognise their staff have other pressing responsibilities other than work. As long as the people you hire commit to their contracted hours, turn up to meetings (virtual or otherwise), and hit deadlines, you shouldn’t worry about what time they start or finish the day.

    Travel incentives

    Despite being an ecommerce business, much of your company’s action probably takes place in real life — meaning your team expects some form of financial assistance when it comes to travelling for work. 

    Whether you want new talent to help with the fulfilment process or need them to attend pitches for prospective clients, without a sufficient supporting travel scheme in place you could be putting applicants off by making the role more hassle than it’s worth. 

    After all, travelling for work is a physical and financial burden on your team. Here are some ideas to keep in mind: 

    • Public transport allowances
    • Car leasing schemes
    • Cycle-to-work programmes 

    Travel incentives come in all shapes and sizes, so make sure the option you choose makes life easier for your team but also ensures it’s financially viable for the business. 

    Unlimited holiday allowance

    Many companies offer the bare minimum when it comes to paid holiday. But you don’t have to. Consider offering a more generous allowance to help attract new talent.

    Under UK law, all workers are entitled to 5.6 weeks of annual leave, which often includes bank holidays to make the deal look more appealing. In recent years, however, the prospect of unlimited holiday has been gathering traction in the professional world. 

    The key benefit of an unlimited holiday allowance is your team (and potential hires) know they can take time off when they need to — this makes them feel more comfortable and improves their work-life balance. 

    Worried offering unlimited leave will impact productivity? Naturally, you might have reservations about offering such a generous work perk, but the reality is rather different. Some instances have improved business efficiency because staff are respectful of the offer and don’t need to worry about using up their balance when they attend something important outside of work. 

    Commission on sales

    Obviously this perk will depend on your business model and the job roles within your company, but if it’s achievable it can be a weighty incentive for prospective employees.

    Offering commission is attractive for new talent because it’s an opportunity to earn more money on top of their base salary. At the same time, your business benefits as your team are more incentivized to complete tasks and meet their targets. 

    Moreover, the prospect of earning a commission is a perk that rewards success and wards against failure. After all, you don’t need to pay it if the company isn’t making money. 

    Health and wellbeing

    Your ecommerce business has a duty of care to its employees.

    While it has always been important to look after your team’s health and well-being, this past year has produced widespread anxiety and feelings of loneliness — and this is especially true for the working generations who are deprived of social contact and expected to produce with the same consistency at home as they would in the office. 

    Here are some ideas for how your business can support the well-being of its employees: 

    • Free/subsidised gym membership
    • Extra wellness days on top of holiday
    • Regular meditation and mindfulness sessions

    Showing you support your employees’ health and wellness indicates to job searchers you’re a company that truly cares about their needs, wants, and desires. 

    Regular social activities

    Connecting with company culture and its social life is an important factor for job searchers. It incentivises them to apply and is the reason they stick around after landing the job.

    Without feeling a sense of belonging, it’s unlikely a new talent will apply for your job posting, let alone hang around long enough to flourish in their role. 

    While it’s difficult for your company culture to come across in a static job advertisement, listing the types of social activities you run could be enough for applicants to tell if the position suits their personality. 

    For example, you could include the following activities in your listing: 

    • Paid-for socials
    • Team meals
    • Quiz nights
    • Go-karting

    Knowing the sort of fun your company likes to have helps attract suitable talent for the role — this makes it easier for applicants to settle in once you’ve offered the position. 

    Work perks are a great way for your business to attract new talent on the job market., but only if you offer incentives that truly improve an applicant’s professional life. The perks listed above are just a few examples of how to look after your staff and improve their work-life balance.