FAQ Friday – Understanding Fees Part 2: Payment Processing Fees
As a high-risk merchant, your monthly statements will undoubtedly contain more fees than low-risk merchants. You can negotiate those fees down to zero (in some cases), while others remain fixed for the lifetime of your account. Payment processing fees fall into both categories. Just like in the first part of this series where we informed you […]
Reasons Why You Shouldn’t Use Shopify Payments
Shopify is a great platform for sellers of all types and sizes. Therefore, it would make sense to use Shopify Payments as your default payment gateway and processor. However, their payments platform is much more complicated and finicky than Shopify would like you to believe on the surface. Though countless business use Shopify Payments successfully […]
How will iOS 14 affect dropshippers
Allow “Facebook” to track your activity across other companies’ apps and websites? Apple is trying to reposition itself with the controversial issue of handling data, confronting Facebook (and many other apps along with it) by creating a barrier around personal data. IOS 14 offers users the ability to opt-out of tracking outside of the app, […]
FAQ Friday – Understanding Fees Part 1: High-Risk Merchant Account Fees
It should come as no surprise that merchant account fees come standard with any high-risk merchant account. Understanding what these fees are and why you are paying them can help reduce costs in the long run. Some fees are negotiable, some fees can be removed entirely, and others are permanent. In any of these cases, […]
FAQ Friday-Part 2: Risks VS Benefits for Private Label and Drop Ship Supplement Models
In our last Friday FAQ we covered the fulfillment process and strategies for your nutritional supplements, anti-aging skincare products, and wellness products. You can watch an interview I did with Malcolm Mckinnins here about Fulfillment Strategies to Attract Customers. This week I’m going to cover the differences between dropshipping and private labeling dietary supplement products. In […]