Mastering E-commerce: Expert Tips for Controlling Expenses, Payment Technologies, and Increasing Payment Options with Allen Kopelman

[00:01 - 06:42] Opening Segment

• Allen's entrepreneurial background in the restaurant and apparel sectors
• The importance of perseverance and treating your profession as your own business
• Suggestions on selecting a generic corporate name to avoid issues opening a bank account

 

[06:43 - 13:16] Controlling Expenses and Payment Technologies for Small E-commerce Firms

• The significance of comprehending costs and maintaining an up-to-date website
• Fundamental rules for e-commerce websites, including privacy, terms and conditions, and return and refund procedures
• Choosing a platform that supports your industry and understanding payment technology functions

 

[13:17 - 19:48] Strategies for Increasing Payment Options for E-commerce Businesses

• The benefits of mobile device sales for e-commerce merchants
• The potential advantages of having multiple merchant accounts, but with the caveat of caution and load balancing technology

 

[19:49 - 22:56] Closing Segment

• See the links below to connect with Allen Kopelman

 

 

Quotes:

 

“So you have to make sure all your websites are registered with the credit card processor.” - Allen Kopelman

 

“You need to make sure people are aware of the shipping times cuz that became a big issue over the last couple of years during the Covid times.” - Allen Kopelman

 

 

 

 

Connect with Allen by visiting nationwidepaymentsystems.com.  

 

 

 

If you’d like to hear more episodes, you can find them at ecommercemoneymap.com, or on your favorite podcast directory.

 

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If you want to learn more about the eCommerce Accounting Hub, visit ecommerceaccountinghub.com

 

Thanks for tuning in, we’ll see you next time!