Guidelines on Heavy Equipment Parts Supplier Philippines

No matter how well you care for your heavy equipment, there will come a time when it will break down and some of its parts will need to be repaired or replaced. When this happens, you will most definitely need the expertise of an experienced mechanic who knows exactly how to get your machinery back in shape. An experienced mechanic is the best person who can identify the root of the problem with your machine and determine which particular parts need repair/replacement. He is also the best person who can tell you where to find the necessary replacement parts.

Heavy Equipment Parts

It’s a good thing that when you’re looking for a reliable heavy equipment parts supplier, the Philippines can offer a lot of options. Several known global brands of heavy equipment parts are available in the country via a number of direct distributors. There are also a lot of online sellers that offer these parts at discounted prices. Furthermore, there are salvage companies that take fully functioning parts from non-functioning machinery and sell them for very low prices. Continue reading

Merchant’s Guide: Chargebacks and Common E-commerce Mistakes

With millions of people having access to the Internet, a lot of businesses have also adopted a new way to make a profit and sell their items or services, and that is through e-commerce. In case you are interested in putting up your business in an e-commerce site, you need to know that no matter how well you planned things, problems are bound to happen, especially when you are still new.  Today, we will be discussing everything you need to know about managing an e-commerce site, including the most common mistakes and risks you will encounter from time to time.

What is an E-commerce Site?

E-commerce (electronic commerce) refers to the trading of products or services with the use of computer networks like the Internet or social networking sites. The first form of e-commerce was believed to have been developed in 1971 or 1972. The Advanced Research Projects Agency Network, commonly known as ARPANET, which was considered as the early form of the packet switching network, was used to arrange cannabis sale between the students of the Massachusetts Institute of Technology and the Stanford Artificial Intelligence Laboratory. Today, millions of people from all parts of the world are engaged in e-commerce, selling almost every item you can imagine.

An e-commerce business can be defined as:

– An online shopping website that offers direct retail sales to consumers

– A shopping store participating in online marketplaces such as Amazon and Alibaba

– B2B (business to business) buying and selling trade

– Online stocks exchange for trading or currency exchanges

– Online marketing (SEO, e-mail marketing, etc.)

How to Start an E-Commerce Business

A lot of people think that opening an e-commerce business is easy, but all businesses, whether a traditional one or an online one, requires hard work in order for it to become successful. When it comes to building an e-commerce business, the first thing you need to do is to find a product or service that you want to retail.  The reason why you’re starting your business is because you want to gain profit from selling, so it only makes sense that you need to find a product or service that people would buy.

Once you’ve listed at least ten prospective products to trade, you need to evaluate each one of them and see which of these products would really sell.  After that, you also need to know how you will obtain your product—where to find your manufacturer or supplier, how much you should spend per item, etc. Apart from that, you also have to study your competition carefully. It is important that you are aware of exactly what or who your competitors are, and what they are capable of doing. Make sure to also start writing your business plan, find a name for your business, and register it. When building an e-commerce business, there are also plenty of e-commerce platforms you can choose from; read below to help you know your options.

Examples of E-commerce Platforms

In case you want to build an e-commerce business, here are some hosting platforms you can use:

Shopify

Without the need to register your products on online marketplaces such as Amazon, Alibaba, and EBay, Shopify makes shopping easier for both merchants and consumers. Shopify is considered as one of the most popular online shopping cart tools. Using this e-commerce platform, customers and shoppers can instantly checkout the items they want to buy, process their payment method, and wait for the item to be delivered to their doorsteps.

BigCommerce

BigCommerce started out as a software system created and sold by Interspire, but later on, after it became a hit among merchants, it was transformed into a hosted shopping cart. Currently, it is among the most famous online shopping carts featuring gift cards, real-time shopping quotes, chat support, and much more.

Yahoo Store

Among all the hosted shopping carts for SMEs today, Yahoo Store is the one with the largest market share in the top 100,000 and top 10,000 sites. Not only that, Yahoo was the first to provide an online e-commerce solution to merchants and business starters. Being a well-known brand trusted by online users, Yahoo Store is definitely a well-hosted e-commerce platform choice. However, Yahoo’s popularity is slowly declining nowadays.

Wix

Wix is basically a free website builder, which has been gaining popularity nowadays. And while it is promoted as a website builder, not all people are aware that it also offers e-Commerce features. Although Wix does not have the powerful features of Shopify and BigCommerce, it is still a great choice for hosted e-commerce platforms. Wix also does not require merchants to pay for transaction costs, only a monthly fee.

 

Chargebacks and Other Risks in an E-commerce Business

Just like any other type of business, an e-commerce business also has risks and potential threats that can ruin your sales performance and even your reputation. With hackers, computer criminals, script kiddies, hacktivists, and cyber terrorists lurking everywhere, your main concern as a merchant is to make sure that your site is secure all the time.

Security is such an important feature in an e-commerce site; apart from protecting your data, you also need to keep your customers’ information and transactions confidential, as they are at risk of identity theft and fraudulent activities. Identity theft is one of the most common reasons why customers would dispute for chargebacks, and that is why aside from securing your site, you should also make sure that your purchasing process is protected from fraudulent purchases.

E-commerce sites are also vulnerable to viruses, high shipping costs, fraudulent customers, information risk, copy infringement, and a lot more.

Many entrepreneurs from all parts of the world have found success with e-commerce, and with more people going online and using the Internet in their daily lives, it is even expected that e-commerce stores and sites will become more in demand than ever. For those who want to start an e-commerce business, make sure to read everything in this article as this can really help you manage your store.

iPad POS System: 5 Crucial Tips for Retailers and Small Businesses

Tablet computers like the iPad, Galaxy Tab, or the various Windows-powered portable devices have become more than just a gaming device or a mobile entertainment system. Today, tablet deployment in restaurants, retail stores, and other small businesses for use as a portable point-of-sale (POS) system has become a common practice in the industry. It’s no longer a question of if you’re going to use an iPad POS, but rather a question of when are you going to transition to this new system.

A significant portion of retailers around the world are opting for the iPad POS system for a variety of reasons. It seems that the more businesses learn about this great innovation, the more it makes sense to them as a worthy investment.

Portable point-of-sale systems allow businesses to provide their clientele with better, more enjoyable customer experience. With a well-placed POS system, long checkout lines and transaction errors are eliminated or at least minimized. For restaurateurs and food service shops, the ability to use the iPad as an interactive menu, a tool servers can use to place orders, as well as a device for accepting various card payments is truly revolutionary. And it doesn’t hurt that tipping has become a lot easier. Servers couldn’t be any happier.

If you believe that it’s time to upgrade your old POS system and switch over to the iPad point-of-sale, here are a few tips meant for retailers and small businesses considering the change to portable POS solution.

Five Useful Tips for Retailers Ready to Switch to the iPad POS System

  1. Start with basic POS software/hardware investment.

One of the biggest concerns for retailers and shop owners when transitioning to a new POS system is the cost. Convention point-of-sale, like those you might find in supermarkets and grocery stores, require a hefty investment. They are expensive, to say the least. A tablet, on the other hand, will only cost a fraction of the price of a PC-based POS system. The portable point-of-sale is a relatively cheaper option when compared to traditional units. And that’s not including the maintenance and upgrade costs.

The more prudent approach when transitioning to iPad POS is to start with a small hardware investment. If you’re running a small business establishment, there won’t be a need for a dozen iPad units, would there? If you’re running a chain of stores, investing in a few units and scaling up when necessary is a move that you should consider. The key is to take it slow, baby steps if you will. You can start investing in more units once you’re familiar and confident enough with this new POS solution.

  1. Upgrade and improve your network infrastructure.

Most mobile POS devices are capable of processing various payments over cellular networks. However, the reliability of these networks can be a concern. Getting a strong, reliable signal is highly dependent on the location of the establishment, the building, the strength of the network signal itself, network congestion, and a variety of other factors. A better option for network infrastructure is Wi-Fi or over-the-air (OTA) connectivity. Portable devices like the iPad and other tablet computers support Wi-Fi connectivity, and it’s a more stable alternative to cellular networks.

Of course, you may need to invest in this type of infrastructure. You need to find a suitable Internet service provider (ISP), avail of the appropriate bandwidth, and acquire the necessary hardware (modem, Wi-Fi router, etc.) to establish reliable Wi-Fi connectivity for your business. But this move is a no brainer, if you’re really serious in transitioning your business to a mobile POS system. In the long run, your investment will pay for itself.

  1. Don’t hesitate to get professional help in the deployment and management of your POS system.

Outsourcing tasks like installation and deployment, maintenance and management of iPad point-of-sale systems is not uncommon, especially if you or any of your staff are not particularly tech savvy. Larger businesses may have their own IT department/personnel tasked with handling the deployment, maintenance, and management of POS systems, but this is a resource that most small businesses simply can’t afford. It’s much more cost-efficient to just outsource the job to professionals.

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IT personnel can centralize sales and inventory information across all stores, which is especially useful for business owners running a chain of retail establishments. If you’re operating a single store, you may not need to hire a professional at all. Most iPad POS vendors offer 24/7 tech support to help clients install, manage, and troubleshoot their system. Besides, these systems are so user-friendly that once you are familiar with their functions and inner workings, you probably won’t need any professional help at all, at least when dealing with minor issues.

  1. Maximize and integrate your iPad POS with the selling process.

Your iPad POS system is not just a glorified cash register or credit card processor. It can do a lot of things to improve customer experience and product selling. Capitalize on the many different features the iPad POS has to offer. As a retail store, you can use iPad units as an interactive catalog for all your products and items, where customers can simply use the device to browse and place orders directly. This selling process will not only improve customer experience, it can promote loyalty to your brand as well.

  1. Encourage customers to be more involved in the point-of-sale process.

This POS system is not designed merely for the benefit of retailers and business owners. It can also prove beneficial to customers. With the iPad point-of-sale system, customers can electronically sign their bills, give tips, and even avail of special promos and loyalty rewards. At the checkout counter, you can have the customer checkout the process as you complete the transaction. You can have them electronically sign the receipt, choose the appropriate amount to tip, and even allow them to complete the transaction themselves.