Over the past ten years, eCommerce has skyrocketed, and the pandemic has accelerated its growth at an unprecedented rate. Here are five ways that cater to these market changes and ride the wave of opportunities in eCommerce.
You have been witnessing how digital transformation has revolutionised almost every vertical, and digital payments are no exception. It has offered contactless in-store and flexible online payment choices. People now…
Social e-commerce enables businesses to market their products and services directly through social media networks, enabling users to buy, sell, or offer their services from home.
While selecting an ideal pricing strategy, you should consider that too high a price will reduce sales, and too low a price will lead to losses. Therefore, select the pricing strategy that best suits your offerings.
Are you a producer or a consumer on social media? As a consumer, social media is going to take up a lot of your time. But what if you enter…
If you are seeking investment, your business plan is going to be the ultimate deal maker or breaker. Therefore, it is important to craft your business plan accurately and include all the important information from the executive summary to financial projections.
About 19% of failed start-ups agree that a dynamic business model is required to run a business successfully, and over 5% of start-up businesses refer to burnout as their reason for failure.
Non-profits or NGOs have goals and programs to help achieve them. To achieve your mission, you need to have a budget. And to accumulate a budget, you need a fundraising…
A break-even analysis is a valuable method for evaluating whether your firm or a new product or service, will be profitable. In other words, it is a financial calculation used to calculate the number of things or services you must sell to pay your costs. When you’ve broken even, you’re neither losing nor gaining money, but all of your expenses have been met.
In ARR calculation, variable and one-time fees are excluded, and only recurring revenue is considered. In a simplified scenario, a company uses figures related to contracts of multi-year to calculate annual recurring revenue.