“E-commerce is not an industry; e-commerce is a tactic.” – Tobias Lutke, CEO and founder of Shopify.
E commerce business
“Business opportunities are like buses, there’s always another one coming.” – Richard Branson
“You cannot make progress without making decisions.” — Jim Rohn
Subscriptions have been ringing the bells hard, with everything from entertainment to groceries now available through a monthly fee. This business model has transformed many e-commerce industries and there is no looking back to it. With innovations and opportunities on the horizon, the subscription business is growing at a rapid pace. Many E-Commerce companies are looking for a way to adopt the subscription service model in their businesses. Moreover, in almost all the industry, subscription service models are being implemented to keep up with the trend. Thus, the subscription business is doing great in today’s world, and its future looks brighter than ever.
“Subscription billing platform and recurring billing is the front end process which ensures that all recurring payments take place on time and your customer receive invoices with all accurate information and billing terms”
When a customer has made it to your checkout page, that’s when you grab to hold them as your recurring ones, right?
SaaS businesses operate in a fast-paced digital world where the ability to quickly and efficiently process payments is crucial to their success. It is that businesses have to stay focused on their products and on applying strategies that will pull them up the stairs.
“The advance of technology is based on making it fit in so that you don't really even notice it, so it's part of everyday life.”
Bill Gates, Co-founder of Microsoft.
What is it that unites ecommerce across size, industry, business model, and geography? The answer, unfortunately, is fraud.
Ever walked out of a shop empty handed due to the vendor taking his own sweet time to attend you or the pricing is higher than it is worth?