by Fully Accountable | Sep 8, 2021 | Accounting, eCommerce Accounting, eCommerce KPIs
Benchmarks and KPIs are both methods of determining a business’s financial performance, and they can help gauge a company’s financial and operational performance while identifying future strategic initiatives. However, many people ask whether benchmarks and KPIs are...
by Chris Giorgio | Jul 18, 2019 | Accounting, eCommerce KPIs
According to recent data, eCommerce activity represented 14.3 percent of total retail sales in 2018. This figure, representing about 1 in 7 transactions, has been rapidly increasing and will continue increasing into the foreseeable future. Unsurprisingly, many up and...
by Chris Giorgio | Jun 5, 2019 | Accounting, DIY Accounting, eCommerce KPIs
Online shopping is growing fast, becoming the favorite pastime for people all around the world. With access to the world being just one click away, users feel more empowered choosing from a wide variety of goods available. The surge in the popularity of Shopify is a...
by Chris Giorgio | May 8, 2019 | Accounting, eCommerce KPIs, Processes & Procedures, Scaling & Business Growth, Uncategorized
From creating new products to leading marketing initiatives, running an e-commerce business is a full-time job for online store owners. They often don’t have time to handle every aspect of the business, focusing instead on high-level business strategies that move the...
by Chris Giorgio | Apr 24, 2019 | Accounting, eCommerce KPIs, Processes & Procedures
As a new or established Amazon seller, do you struggle to keep finances in order? Are you ready to start focusing on growing your business rather than tedious accounting details? Amazon is a competitive marketplace, which makes balancing finances difficult for many...
by Chris Giorgio | Apr 3, 2019 | eCommerce KPIs, Scaling & Business Growth
Anyone with only a minuscule understanding of business will know that even the best of the industry go through phases where their revenues plateau. Often times, owners turn to customer acquisition instead of focusing on customer retention. In terms of the BCG Matrix,...
