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Sales tax is a confusing concept for ecommerce merchants, and many consider Internet sales to be a sales tax-free domain. However, this is not the case, and ignoring sales tax can have severe consequences for merchants from whom it is due. Unfortunately, many states have confusing and contradictory sales tax laws and collection methods. It can be easy for merchants to get lost in the over 11,000 sales tax jurisdictions in the United States. To deal with this, a committee made up of officials from several states began a project to enact legislation and provide methods to simplify sales tax. One of the ways it has done this is by designating four sales tax software solutions as “Certified Service Providers.” Enter the SSTGB Scott Peters...
Most online merchants want to increase sales, grow their business and increase profits, but few know the secrets to doing so. For many merchants, the dollar amount of a sale is the only metric they track. But successful merchants track many more variables than just sales. Here are seven such variables, in fact, that directly affect revenue and profits. Merchants should carefully monitor these with their web analytics software. Rank. Your rank is how well your site is positioned on search engine results pages (SERPS). For example, a company marketing Bartlett pears may be listed in response for a query about “fruit.” “Rank” indicates exactly where it’s listed, be it on the first page of results, the second or the 200th. Search engi...
Practical eCommerce is dropping its printed magazine to focus exclusively on the digital delivery of its editorial content. The company began in July 2005 with a mission to publish easy-to-follow articles and advice that help businesses succeed online. This editorial content was originally delivered mainly through a monthly, printed magazine. But now, in 2008, the content is delivered via this interactive website that includes expert articles, blogs, podcasts, a directory and an ecommerce job board, with reader comments and suggestions posted from all of those. It also includes a twice-weekly email newsletter, EcommerceNotes, and soon a second newsletter for the developer community called EcommerceDeveloper. Shift in reading and ad...
Practical eCommerce counts over 300 different shopping cart platforms. This includes licensed carts, hosted carts and open-source carts. In this, our new “Cart Of The Week” feature, we’ll profile a specific shopping cart and ask personnel of that cart about its strengths and weaknesses. We’ll then ask a competitor about that cart, too. In this first installment, we’ve featured Shopify, a hosted solution known for its ease of use and simplicity. We asked Dimitri Onistsuk, Vice President of Marketing, about the benefits of that cart. We then asked Rick Wilson, Executive Vice President with Miva Merchant, a licensed cart and a competitor of Shopify, for his evaluation of Shopify. PeC: What are Shopify’s strengths? Onistsuk: Shopify is ...
Many ecommerce businesses receive international orders for both single items as well as large quantities. These businesses usually take credit card payments for the orders, which puts them at great risk of incurring chargebacks, especially for large ticket items and large transactions. They do not want to turn away an order, but they are frustrated with the level of chargebacks they receive. Implementing the appropriate payment methods and properly financing your export sales are two key factors to your success in exporting. The most widely used methods of payment instruments in business-to-business international transactions are bank wire transfers and commercial letters of credit (L/C’s). Typical financing can either be obtained thro...
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