Profitability of e-commerce

istock_000000854753small

The tenth annual Shop.org report, The State of Retailing Online 2007, conducted by Forrester Research states that e-commerce has come of age and its profitability throughout the channel has stabilized. Eighty-three percent of respondents to the survey reported making more money and 78 percent said they were more profitable than just two years ago. The [...]

Shopping Carts, Gateways and Payment Processors: Anatomy of an Online Purchase

I get a lot of questions about accepting credit cards, how it works, and why it’s important so here is some information that I hope is helpful for you. Years ago, an exchange of cash was all it took for a customer to make a purchase from a merchant. How things have changed! Today, most [...]