Sunday, December 29, 2013

5 Things to Look For In Ecommerce Software Suites / Top Store Builder and e-Commerce Shopping Cart Tools

GetApp for Business2Community writes:  Ecommerce software suites have never been that trendy. Ninety-five percent of American teens are doing their shopping online these days, according to a 2013 survey by Pew Research, and retailers are rushing to keep up with demand. As businesses with brick-and-mortar stores branch into the world of online shopping, many are relying on all-in-one ecommerce software suites to provide the back-end support necessary to promote and sell goods online.

Best of Breed Ecommerce Software Suites

What many internet and online businesses are finding, however, is that some ecommerce platforms really are too good to be true. The latest batch of all-in-one ecommerce software suites go beyond website design and transaction management, promising to do everything from handling recurring billing to even creating dedicated affiliate programs for retailers.

Advanced tools can be useful in certain situations, but the majority of internet and online businesses looking for simple ways to sell goods online do not need to rely on expensive platforms with all the bells and whistles. These retailers would be much better served by utilizing straightforward systems that offer all the tools necessary to manage an online business, and nothing more.

Here is a list of five things that internet and online businesses should look for when selecting ecommerce software.

1. Seamless Checkouts

The more clicks a customer is required to make before completing a purchase, the higher the likelihood that the customer will abandon his cart before finishing the transaction. Top ecommerce software suites have taken this into consideration, providing business owners with a seamless checkout process for their customers. When selecting an ecommerce software system to power your online store, it is worth taking the time to walk through the checkout process on a few competing platforms to determine which system seems the most intuitive and straightforward.

2. Security Features

Shoppers will not spend money on a website that they don’t feel like they can trust, which means businesses need to invest in ecommerce software that feels secure and functions flawlessly. Businesses that sell products online need to have websites that are Level 1 PCI compliant and use, at minimum, 128 bit SSL encryption. By selecting a platform that integrates with leading payment processors — the most popular of which are Authorize.net, Paypal and Stripe — smaller businesses are able to offload the management of financial information and make their websites more secure.

3. Mobile Commerce

Customers are increasingly using smartphones and tablets when shopping online. Retailers that fail to take this trend into account when designing their sales websites will be missing out on a significant portion of their target audiences. It is in a retailer’s best interest to select an ecommerce sales platform that includes built-in mobile shopping carts. Customers should also be able to view products from a separate mobile website that has been optimized for viewing on smartphones and tablets.

4. Analytics Tools

One of the beauties of online shopping has to do with the data that businesses are able to collect. Transactions, browsing habits, and purchasing histories are easy to track. Although it is possible to collect this information manually using a series of spreadsheets, retailers would be better served by opting for ecommerce platforms that let them analyze incoming orders, product sales and payments automatically. This data can be parsed and crunched in a way that provides insight to the business owner and improves the way he manages his store.

5. Subscription Billing

Depending on the goods or services that a business is selling, subscription billing can be a very useful feature to look for in an ecommerce software system. Subscription billing allows business owners to automatically charge their customers’ credit or debit cards each month. In some cases, the software can also manage expiring credit cards, pro rate services for partial months and track cancellation requests. Business owners should look for software systems that support as many payment gateways as possible. At a minimum, systems should support at least 40 payment gateways.

If you are looking at increasing the reach of your business with an online store, you will like this article on the top five eCommerce and shopping cart software.

Top Store Builder and e-Commerce Shopping Cart Tools

Stephanie Miles for GetApp writes:A retailer can carry the best products in the world on his e-commerce website, but in order to turn a profit, he’s got to have a way to actually sell them. Retailers that don’t accept popular credit cards and other forms of mobile payments are doing themselves a great disservice by limiting the pool of customers who could potentially purchase their goods and services online.

One of the smartest ways for retailers to build their online stores—complete with shopping carts, payment processing, and in-stock availability tools for customers—is by signing up for an online store builder and e-commerce shopping cart tool. These web-applications can serve as a soup-to-nuts solution for retailers who have plenty of products in-stock, but little experience setting up payment processing systems on the web.
Here is a list of the top store builder and e-commerce shopping cart tools currently available for web-based retailers.

ShopifyShopify

Shopify provides everything you need to create a beautiful online store. Shopify powers more than 30,000 online retailers including Amnesty International, Evisu Jeans, and Tesla Motors. Ecommerce website hosting with unlimited bandwidth is included in all packages. Shopify includes mobile commerce features and can be managed with an iPhone. Price: Starting at $29 per month.

LightCMSLightCMS

LightCMS is the simple way to build a website and an online store. With tools anyone can use, LightCMS makes it easy for businesses and organizations to manage their own websites and find success online. LightCMS provides the tools to create blogs, calendars, image galleries, forms and much more through an intuitive interface that’s a snap to learn. Plus, LightCMS offers a full-featured eCommerce solution. Create products, manage orders, communicate with customers and more. A streamlined and fully-secure shopping cart and checkout experience is built right in. Price: Starting at $19 per month.

Homestead WebsitesHomestead Websites

With Homestead you can create your professional website in three simple steps! Choose from 250,000 professional website templates specifically designed for your business, customize it, and publish with just one click. Price: Starting at $4.99 per month.

NetSuite eCommerceNetSuite eCommerce

NetSuite Ecommerce software is the only cloud business management system to help Ecommerce companies, multi-channel retailers, manufacturers and distributors run their entire business with one seamless system, from web store to CRM to order management to inventory to fulfillment to accounting. It is used by over 16,000 organizations worldwide.Price: Subscription model.

VolusionVolusion

Volusion is an online store builder that offers everything a business needs to build, grow and manage an online store. It is an all-in-one ecommerce solution that powers 40,000+ online stores. You can redesign your site by simply applying for your favorite template online. There’s no need for huge capital investments in your ecommerce platform. Volusion´s SaaS model offers as much branding flexibility as small businesses needs. Volusion is a complete shopping cart software solution that is full of easy-to-use tools and that doesn´t require any programming skills to start and run your ecommerce site. Price: Starting at $15 per month.
Posted on 9:09 AM | Categories:

7 unbeatable tax tips for year's end

Kurtis Droge, Wall St. Cheat Sheet & USA Today writes:  As 2013 wraps up, many of us have our minds on friends and family with the holiday season in full swing. However, a season that may deserve a little of your attention between Thanksgiving turkey and New Year's Eve champagne is tax season, which is lurking around the corner in April.


It's never too early to prepare, and the year-end marker can be an important time to get your tax-related affairs in order. The blog Tax Break from TurboTax has come out with a series of posts for improving next year's April woes. Check out these seven pointers for 2013 to make next year's tax returns a little bit easier to handle.
1. Be mindful of holiday bonuses
It's always a great feeling to have that bonus check in hand, but sometimes it may not be the optimal scenario for your tax accountant. Boosting your income by a slight margin could shift you to a higher tax bracket for the year, offsetting your bonus and then some. Consider if it's better to realize your bonus in 2013 or 2014 and inform your employer accordingly.
2. Consider charitable donations
The holiday season is a great time to spread good cheer, and you may be thankful when April rolls around, as well. Giving to charities can carry tax deductions, helping you save on your IRS payment. If you need to get in a gift during the year of 2013, you can count the donation via credit card as long as you sign up for the payment by December 31. Just be careful of fraudulent charities, which the IRS has been warning people about for years.
3. Prepare for tax season
If you have a few extra minutes away from work and the family, maybe you can unwind over some tax documents. While it isn't most peoples' idea of a good time, creating a tax checklist and gathering together all relevant documents for the year before next year's become scattered everywhere can be a serious time saver come April.
4. Keep track of deadlines
Deadlines can creep up at any time and in any shape or form. Some deadlines for income considerations can be at the year's end, so there's certainly plenty coming up in the near future. While the official filing deadline is April 15, the work doesn't start then — and shouldn't start the day before that — so plan out your time to meet the different deadlines of various parts of the tax code.
5. Don't forget retirement savings
A great way to save money on taxes is by having a properly structured retirement plan. Both 401K and Roth IRA plans carry tax implications of various shapes and sizes, and planning ahead for retirement isn't the worst thing to do, either. By balancing contributions, the savings can really add up once tax bracketing is considered.
6. Consider the child care credit
The IRS published an entire post about the child care credit earlier this year, in which the agency explained exactly how to use the credit and under what circumstances it is appropriate to file for it. Since it runs year-round, there's no better time to jump on board than now, and you just might save a dollar or two.
7. Lump medical bills
There are thresholds for which medical bills become deductible if they total a certain percentage of your gross income (10 percent for most people is standard; however, it varies depending on circumstances). If you can lump your medical bills into this year or the next, you may become eligible for the effective tax deduction. This could involve loading up on prescriptions, getting new eyewear, scheduling an extra checkup or doctor's visit, and prepaying plans.
Posted on 9:09 AM | Categories: