Magenest’s Post

It feels like there’s a fee frenzy out there. Additional charges here, and there… consumers just want to know what they’re being charged, and why. Where are these fees coming from? 💰 It’s getting a lot more expensive to run a business. Many of the fees being tacked on today — like a restaurant service fee, or a charge for using a credit card instead of paying in cash — exist just to cover the operator’s costs. 💰💰 The “frenzy” is largely fed by third party providers. Most of the “hidden” fees you see come from services like delivery, personal shopping, and subscriptions — like ASAP or long-distance delivery, service fees, regulatory fees, and more. Read more about why prices have gotten so high, and what retailers can do to rebuild trust with skeptical, wallet-conscious consumers 👇 https://bit.ly/45MQBlN #inflation #pricingstrategy #profitability

Have you asked yourself these 3 questions? 1.      What factors contribute to the variance in my effective rate compared to others, despite utilizing the same POS system? 2.      How can I effectively negotiate a reduced rate for my transactions? 3.      What do the additional fees listed on my statement signify, and how do they impact my overall expenses? If you're seeking assistance with these inquiries, we're here to help. Don't hesitate to reach out for a complimentary consultation. Procrastination could be leading to unnecessary financial losses.

🚀 What makes the difference between checkout abandonment and completed transactions? A streamlined payment page is an often overlooked but important step for eCommerce success. We’re here to help you turn visits into a conversion with tailored payment solutions that keep you ahead in a competitive market. 💡 Thank you, Mihail Mihaylov, for your insights. #PaymentPage #Checkout #ConversionOptimization #OnlinePayments

The more #returns options you offer, the higher the retained revenue. Our recent data report shows merchants who offer three or more return options—like exchanges, refund to original payment, and store credit—have a higher #revenue retention rate. Get more insights here: https://lnkd.in/eE5W-Sxj #ecommerce

Did you know that 7 in 10 shoppers who add an item to their bag will end up abandoning the purchase? In this week’s #TradeUpdate, learn how you can optimise your checkout page to avoid this happening. Plus, read into the UK government’s new strategy, aiming to safeguard the supply of critical goods to the UK under any circumstances. Also get the facts and figures from a new survey showing how some SMEs are approaching business and income growth in 2024 📈. https://lnkd.in/gfr9naqX

The weather can change in an instant, bringing completely new conditions to sail in. 🌊 If a storm is brewing overhead, recurring commerce keeps merchants not only afloat but on a steady path. 🌧️ With numerous benefits in tow, subscriptions ensure that merchants can retain their most loyal customers, regardless of the forecast. ⚓️ This creates a sustainable journey toward success, built on a predictable revenue stream. 💰 Discover the benefits of recurring commerce for navigating economic shifts in our latest blog post. 👇 https://lnkd.in/gDi6tqN2 #recurringcommerce #subscriptions #sustainablegrowth #economicshifts

Glenbrook's Christopher Uriarte joins Michael Taylor on this upcoming October 22nd webinar from Checkout.com. Register today to gain rare insights from payments experts and walk away with actionable strategies to boost your ROI on payment processing costs. 🔗 Register here: https://lnkd.in/gPfMNacN #payments #paymentprocessing #paymentcosts

Did you know 42% have less than $1,000 in savings! Visit our Savings Center to view steps you can take to increase your savings! #corebridgefinancial #actioniseverything

🚨 500+ Senior Ecommerce Directors Reveal the True Cost of Return, Refund, and Exchange Abuse 🚨 We partnered with Opinium Research and the Center for Economic Business Research (CEBR) to get the inside scoop on returns and refunds in ecommerce. Over 500 senior directors from top ecommerce businesses across 7 global markets shared their insights. What we discovered is eye opening: 🔍 How are businesses fighting these types of policy abuse? 🔍 What are their biggest challenges today? 🔍 What strategies are making a real impact? By combining these findings with CEBR's advanced economic modeling and analytics, we unearthed some surprising cost insights. For anyone in Ecommerce, read the full report here: https://lnkd.in/ekQUruNj

🚨 Our webinar is TODAY! 🚨 Sign up now—it’s your last chance! ⏰ Free Webinar: https://hubs.li/Q02MbJJq0 September 12th at 1 PM ET (10 AM PT) Join Chargebacks911and Bankful as we share expert tips to optimize your holiday sales and reduce disputes. Don’t miss out on the insights you need to protect your revenue this season! #Webinar | #eCommerce | #HolidaySales