Author: Jimmy Aki

Based in the UK, Jimmy is an economic researcher with outstanding hands-on and heads-on experience in Macroeconomic finance analysis, forecasting and planning. He has honed his skills having worked cross-continental as a finance analyst, which gives him inter-cultural experience. He currently has a strong passion for regulation and macroeconomic trends as it allows him peek under the global bonnet to see how the world works. jimmy@moneycheck.com

WooCommerce is a top eCommerce solution with over three million online stores built on its platform, and it comes fully-loaded with numerous tools. Despite its many features, it’s not perfect. Your store will often need additional features that are not included in the initial WooCommerce. Plugins fill that void. For online merchants using the WooCommerce platform, this guide examines some of the top plugins available and how they can improve your store’s functionality. Customer Experience: An Online Store’s Primary Objective Success with your online store depends solely on your ability to deliver excellent customer experience. In an industry as competitive…

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Billions of people shop for their goods online. In 2019, there were over 1.8 billion people who purchased goods online. And the numbers can only increase due to the coronavirus pandemic. As more households are forced to sit at home and diners remain shut, Americans spend more money on online food shopping. It’s estimated that about 70% of American shoppers could buy their groceries online in 2020. As the number of delivery companies rises, customers are seeing little sense in driving to their favorite restaurants to pick up food when they can simply order and have it delivered. Selling food…

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The coronavirus pandemic has shut down most industries but not the e-commerce sector. The sector has continued to boom. As more people are forced to stay at home, online retail platforms have continued to blossom. E-commerce spending for the first seven months in 2020 generated $434.5 billion for stores, which was a 55% increase compared with the same period in 2019. But, it’s not that simple. The online retail sector is fraught with competition. In fact, the Small Business Association reported that 78 percent of ecommerce businesses fail in their first year. Big names like Amazon and Alibaba are guzzling…

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The global ecommerce industry is growing rapidly. While many attribute the industry’s growth in 2020 to the coronavirus pandemic and the lockdown, it was already lucrative long before that. Retail ecommerce is worth $4 trillion worldwide, and it is expected to keep growing. However, building a successful online store goes beyond having a proper selection of products. You need to provide an experience that keeps customers coming back, and shipping is one of this metric’s primary elements. We’ll be taking a cursory look at two of the best third-party logistics (3PL) and shipping partners you can have — ShipBob and…

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WooCommerce is one of the most popular e-commerce plugins for online business owners. This plugin leads other e-commerce platforms like Magento and Shopify, powering over 22% of the top 1 million e-commerce websites globally. But, is it free to use? In this guide, we’ll examine the truth about WooCommerce’s pricing. We’ll also look deeper into what it costs to run a WooCommerce store, and how you can work around some costs. Visit WooCommerce What is WooCommerce? WooCommerce is an open-source e-commerce software built on WordPress. The product allows you to create storefronts to sell both digital and physical products. The…

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If you’ve been trying to up your Amazon game, you need to understand retail arbitrage. Maybe you’ve been using Amazon as your side hustle and want to go pro. Or perhaps you just need a refresher to get motivated and light it up. Whatever your situation, Amazon retail arbitrage is your ticket to success when done right. What is Retail Arbitrage? Good question. Glad you asked. If you already know, this will be a brief review. Retail arbitrage occurs when you buy something from one store at a low price and sell it somewhere else online at a higher price.…

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If you want to build trust in your brand or in what you sell, you need past customers to put in a good word for you. Testimonials are an avenue for customers to give their honest opinions about your product or service. We’re all prisoners of social proof. If someone says a product is good, we’re more likely to buy. Customer testimonials are also a great way to expand your brand’s reach. When people have positive thing to say about your business, they are more likely to tell their friends and colleagues about you. For online stores built on WordPress,…

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The global ecommerce space is as vibrant as it’s ever been. Global retail ecommerce stood at $3.4 million in 2019, according to data from Statista. The data also forecasts that this number could reach $6.54 trillion in 2022. The requirements for an ecommerce store to grow in sales are extensive. However, none of those amount to much if you don’t have the right business idea. In this guide, we’ll go through some of the most profitable business ideas and companies that you can take inspiration from if you plan to delve into these niches. Niches and the Vibrant eCommerce Space…

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Squarespace has grown to become one of the most popular website builders, with over 2 million websites hosted on the platform. The service allows you to seamlessly create, build, and maintain a site, without touching a single line of code. In this guide, we will look into Squarespace pricing tiers and what they offer. We’ll also answer some critical questions about the service and how it works. Visit Squarespace What is Squarespace? Squarespace is an online website builder with a difference. It takes site creation to a whole new level with its stunning templates and easy to use tools. Anthony…

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When you decide to sell on Amazon, how you fulfill orders is an important as the products you sell. You can either fulfill yourself or use Amazon’s FBA. Amazon FBA allows sellers to leverage Amazon’s vast network of fulfillment centers to store, pack, and ship products to customers with a predictable pricing model. In its simplest terms, you sell it and let Amazon ship it. However, there are some critical costs and essential tips that Amazon FBA users have to consider before pitching their tent with Amazon FBA. In this guide, we’ll outline and advise on how you can grow…

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BigCommerce is one of the world’s top website builders and e-commerce platforms. Individual sellers and e-commerce companies use the platform to build and run fast-growing online businesses. This guide examines the e-commerce platform, what it entails, and some of the costs you should consider before setting up a store. Visit BigCommerce What is BigCommerce and How Does it Work? BigCommerce is an e-commerce platform that allows businesses to create online stores. The online store builder powers hundreds of thousands of stores already, with a reach spanning over 150 countries, according to BuiltWith. BigCommerce offers plans for individual store owners, small…

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Denmark appears to be looking to develop a progressive, capital-intensive plan that will help to keep the economy afloat as it deals with the coronavirus pandemic. The Danish Finance Ministry confirmed in a statement that the government and parliament had agreed to release 60 billion Kroner (about $9 billion) in vacation pay funds into the economy. Replacing Government Palliatives The objective of this plan will be to help improve consumer spending and boost employment in the country. The funds will be made available to workers in both the public and private sectors, and the government hopes to get it done…

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