Business growthPosts and articles about Business growthBlogStaff WriterThe 4 Main E-commerce Business Models for Building a Successful Online StoreRunning your own online business can be highly profitable, but it is not as simple as building a store and hoping for the best. You still need to have a set of ...CommunityBest practices for offering discounts without devaluing my products or brand?Hello. What are some tips for offering discounts without devaluing my overall brand? I've got a small store on Shopify currently with quite a niche market and c...BlogMarcel Deer5 KPIs Apple Tracks to Grow During a RecessionIn a scenario where tech companies are facing the brunt of the recession, Apple beat the expectations of Wall Street experts despite lower-than-expected iPhone ...CommunityThoughts on the Ridge wallet?I've been thinking of rewarding some of my top performing employees with gifts for the end of the financial year. I'm hoping it will lead to improved morale and...CommunityIs real-time bidding (RTB) worth it?Hi everyone. I'm trying to grow the reach for my online store and was thinking of going all in on RTB but I'm not quite sure if the return will be worth it. Has...BlogBrody HallEffective Cost Leadership Strategies (With Examples)Business strategy is a critical but subtle aspect of a company's business. The strategy defines a company's long-term goals and should be based on detailed rese...CommunityCash flow vs cost of goods soldWhat's more important for business growth, having a higher cash flow or a lower cost of goods sold? I sell custom furniture (both indoor and outdoor) online for...CommunityHow far can you forecast cash flow?How far can I realistically forecast my cash flow? I know the standard is 6-18 months but I'm trying to draw up a business plan for the next 5 years. I've had a...CommunityBroad vs. focused cost leadership strategies: What's the difference?Hey, I know that cost leadership strategy is a method of outperforming competitors by reducing both costs and prices. I keep seeing these terms for broad and fo...CommunityHow to determine reinvestment needs?Hello, I am running a small business and I want to reinvest in my business to expand and hire more people. How do I know how much to reinvest, are there certain...CommunityHow do I know that my eCommerce store is holding enough cash?The store brings money and everything seems fine so far but I want to know about some deeper analysis that could be done in order to understand the cash flow be...CommunityWhat are the advantages of monitoring micro conversions?I read that tracking micro conversions can help with the overall conversion rate. Since there is a lot of different micro conversions I want to know what are th...CommunityWhat does a net profit margin of 10% mean?Hi guys. I found an example of a business with a net profit margin of 10%. Can you please remind me what the net part means again? I'm always getting it mixed...CommunityWhat are the ways I can grow my business on WooCommerce?I started running a small e-commerce business on WooCommerce a few months ago, and I want it to grow. So I have been seeking out ways to make changes, improveme...CommunityWhich mobile app is best for an e-commerce website?Hi, I want to get a mobile app for my store. Is there anything I should look out for, and do you have any recommendations?CommunityHow do I use an Excel spreadsheet for tracking income & expenses?Hi everyone, I want to track my small business expenses in Excel. Looking for pointers on how to do it. Thanks. CommunityWhat is a good net profit margin for a small business?What is an adequate profit margin for a business that has just started? Because I've just launched my product for the first two months, it's sitting at 5%, and ...CommunityWhy does the profit decrease when the sales increase?I've been having this issue where my profit decreases every time I have an influx of customers and a sales increase, and I don't understand why. My CAC isn't th...CommunityHow does Shein advertise their products?What makes Shein's marketing so successful?CommunityHow do I get funding to grow my e-commerce business?If one doesn't have the personal funds to grow their business, are there alternative funding routes that can be taken? Are there viable options that won't sacri...CommunityWhat are the stages of entrepreneurship?What are the different phases, and will reaching each stage guarantee success?CommunityWhat is a life cycle of a business?How long is a business life cycle, and how would I get mine to carry on for a couple of decades like some well-established companies do? BlogBrody HallThe Business Life Cycle: Maximizing Company GrowthThe business life cycle is a model that shows how a business grows and changes over time. It can be applied to a single product, a portion of a business, or an ...
