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Showing posts from January, 2019

Amazon FBA Vs MFN: Which is better for my business?

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It's always safe to have an extra hand to reduce the burden of product fulfillment procedure, but at what cost? Is something to be worried about. If you are an Amazon seller, you would have faced a situation where you had to choose between Amazon FBA and MFN Shipping. As a seller, you have to take the right decision for your company as this directly influences your company’s revenue generation. For those sellers who are new and listening to these words for the first time, here is a brief explanation on what exactly Amazon FBA and MFN is.
Amazon FBA( Fulfillment by Amazon): If you are an Amazon seller and if you have opted to use Amazon FBA services, then Amazon will look after the entire process of product delivery on behalf of you i.e. once the customer books an order, Amazon picks the parcel, packs it and ships it to the customers and also handle returns & customer support. On the flipside, in MFN (Merchant Fulfillment Network): the entire process of fulfillment i.e from pack…

What happens to the parcels held in the Customs, if not cleared?

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If you are an established businessman or a newbie to the import-Export business, it is imperative to understand the inside out of customs and to know how your business gets affected by customs. So what are Customs duties?
Customs duties are imposed on goods entering the destination country. The customs duties are levied on imported goods in order to safeguard the country’s domestic industries and employment. Hence all the businesses importing the goods must comply with the rules and regulations set by the government.
If the parcel you ship seems suspicious, or the item is prohibited, or if any documents are missing, etc., then the customs authorities hold the parcel and may ask to submit the necessary documents or ask for more details of your parcel. Unless the necessary actions as suggested by the customs is not performed, your shipment will not be moved for delivery. If in case the seller or the consignee doesn’t pay the duty within the specified time, then the shipment will be destro…

Best Payment Gateways for your E-commerce Store

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It takes a lot of effort, time and money to drive traffic to your website irrespective of the size of your business. Upon which there is no assurance that the entire cluster of traffic will be converted into your customers, as there are many criteria’s which may result in the drop off of the customers until they reach the checkout page. But if a majority of the traffic abandons the shopping cart at the checkout page, then there could be only a single reason for it, which is the payment options.

Customers are very particular on the method of payment for the products which they want to buy. If you do not provide flexible payment options, then they may not make a purchase. If your business provides international services, it becomes crucial to have payment gateways which support different currencies as well. Before we move on to the different payment gateways, let's understand the features that we need to check while selecting a payment gateway for your business. Some of the salient …