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Must-Have WooCommerce Extensions in 2021

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Running an online business is a tricky task and can be challenging for business owners. Some various features and functionalities are essential for online stores and are in great demand in today’s digital world. With the availability of an abundance of resources in the market, it becomes confusing to select the best ones from the crowd.

We will try to make it easier for you by discussing some of the must-have WooCommerce Extensions and Plugins for E-Commerce stores:

WooCommerce Zoho CRM Integration Pro

This WooCommerce plugin helps the managers and webmasters to transfer the data between Zoho CRM and WooCommerce store. This helps the business owners to track interactions between customers and your e-commerce store. The WordPress CRM plugin adds the customer as a contact into the Zoho CRM account whenever they place an order. Some features of this plugin are:

  • It has two-way synchronization of the product catalog, orders, and inventory in real-time between the Zoho CRM and WordPress.
  • The WooCommerce Customers are synchronized to the Zoho CRM accounts
  • Synchs the WooCommerce product with the Zoho CRM products
  • This plugin synchronizes the WordPress orders and invoices with Zoho CRM
  • It has a secure and latest Zoho CRM API

Moneris Hosted Paypage Payment Gateway for WooCommerce

This payment plugin allows owners to accept payments using debit and credit cards. The hosted Paypage redirects the users into another payment page that is hosted on a Moneris secure server. This helps your e-commerce store to avoid saving sensitive information and perform that on another server then return to the Merchant’s web store.

The major modes of payment accepted by this payment gateway are:

  • Visa
  • American Express
  • Diner’s Club
  • MasterCard
  • Discover
  • JCB

ANZ eGate Payment Gateway

This extension provides a solution to accept the credit card payments which will be directly transferred into the bank account using ANZ eGate. This WordPress plugin manages customer relations and it also understands the CRM opportunities efficiently. It has a secured protocol to provide security by tracking the transactions.

Some key features of using this WordPress Extension are:

  • It provides a fully automated process of payment
  • It enhances payment security using secure codes
  • Owners can integrate the e-commerce store with the best services

Stripe Payment Gateway WooCommerce Plugin 

It provides an easy method to accept payments on the internet using this WordPress plugin. This allows business owners to collect the payments from their website. The data collected for the transaction is securely saved on the Stripe server. Advantages of using this WordPress extension are:

  • It provides a smooth checkout process by adding Stripe Payment Button on the product detail page or cart pages.
  • It makes sure that the transition between Stripe account and WooCommerce store is smooth
  • Customers have the freedom to save their card details for future purchases
  • Users can see their login status, review the past orders, and more

There are many more WooCommerce Extensions that must be integrated into your online store to boost performance and sales. Discuss with some experts and get the best extensions for your e-commerce store now!

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How to Prevent Fraud and Fake Orders in WooCommerce

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How to Prevent Fraud and Fake Orders in WooCommerce

Do you want to prevent fraud and fake orders on your WooCommerce store? Fraud and fake orders can cause serious losses for an online store. Luckily, …

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If Shopify Passes This Test, the Stock Could Soar

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If Shopify Passes This Test, the Stock Could Soar

For the first time in 12 years, Shopify (SHOP -4.37%) is raising prices.

The e-commerce software peddler hiked rates on its Basic, Shopify, and Advanced tiers by about 33%, leaving the most expensive Shopify Plus plan untouched at $2,000 a month.

The move comes after Shopify has been rocked by the pandemic hangover as e-commerce growth slowed dramatically last year after booming in 2020 and 2021. That was true not just for Shopify, but also peers like Amazon and Etsy.

The company has taken steps to reel in costs, issuing layoffs and finding other ways to trim expenses. As it looks for ways to grow and reinvest in the business, raising prices seems to make sense.

At a time when the stock is still down roughly 70% from the 2021 peak, the price hikes pose a major test for Shopify — one investors should pay close attention to.

Image source: Getty Images.

How wide is your moat?

Shopify has been a top-performing stock for most of its history thanks to its turbocharged revenue growth, but the company has also earned a high valuation from the market because of its perceived economic moat.

The company dominates the e-commerce software sector, serving a wide range of businesses from sole proprietors to Fortune 500 enterprises, and its customers generate roughly $200 billion in gross merchandise volume on its platform. The company fended off a challenge from Amazon, which closed its competing Amazon Webstore product several years ago, and is much larger than direct competitors like BigCommerce and WooCommerce.

That large base of customers and significant lead over its competition offers evidence for the company’s competitive advantage, and its product comes with high switching costs. Once you get set up selling, it’s costly, both in time and money, to switch to another provider.

Another way Shopify can demonstrate its competitive advantage is with pricing power. Great companies often have the ability to raise prices without significant customer loss. This might be due to a powerful brand or the sense among customers that there’s no equal substitute for the original company’s product or service. So, they simply accent a higher price when it gets passed down to them. 

Shopify was a much smaller company 12 years ago, and therefore has never really tested its pricing power before.

What Shopify merchants are saying

Unsurprisingly, the Shopify price hike sparked a lively debate on Reddit’s Shopify channel, with merchants airing different opinions on the matter. Some were frustrated with the price hike, especially coming at a time when online retailers are already struggling and facing higher costs through inflation.

However, others dismissed those concerns, essentially saying that the value of Shopify was worth paying an extra $10 or $20 a month. One commenter said, “As a web dev myself with years of experience in e-commerce, I can tell you there are so many Shopify features I take for granted now as a store owner that I know were mammoth tasks in our own platforms. You won’t get a shop for that price with the same functionality and ease of use.” They also added, “I do agree the app subscriptions are a bloody rip-off though!”

A handful of commenters said they planned to switch to Block‘s Square, and others discussed alternatives like BigCommerce and WooCommerce, but most didn’t seem to consider switching in response to the price hikes. A number of commenters also seemed to defend the move, saying that Shopify’s business has been struggling and it needs more money.

Will the price hikes pay off?

It’s unclear how much Shopify’s revenue stands to increase from the move. Subscriptions made up 28% of revenue in the most recent quarter, but close to half of its gross profit. However, this isn’t a straight 33% price increase as current merchants can keep the old monthly rate by switching to a yearly plan, and they also have three months before the price hikes are implemented. New merchants will have to pay the higher prices immediately.

Still, these price increases could add at least a mid-single-digit bump to revenue, but more important is that that extra income will flow straight to the bottom line since there are no extra costs associated with it.

That will give Shopify more money to reinvest in the business and could also give the stock a boost by padding the bottom line. 

Investors will learn more about the price hike’s impact over the coming quarters, but if the move is successful, Shopify could start increasing prices more regularly, possibly every few years, giving it an additional lever to pull as it grows the bottom line.

If the company can clearly demonstrate its pricing power and give a jolt to the bottom line at the same time, the stock could soar in response.

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Jeremy Bowman has positions in Amazon.com, Block, Etsy, and Shopify. The Motley Fool has positions in and recommends Amazon.com, BigCommerce, Block, Etsy, and Shopify. The Motley Fool recommends the following options: long January 2023 $1,140 calls on Shopify and short January 2023 $1,160 calls on Shopify. The Motley Fool has a disclosure policy.

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4 ways GoDaddy’s new e-commerce platform makes business easier for busy online sellers

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4 ways GoDaddy’s new e-commerce platform makes business easier for busy online sellers

If you’ve started a new business selling products or services online, you know there’s never enough time in the day to get everything done – from managing your online presence to keeping track of inventory. You need the right tools to understand the intricacies of customer journeys and build the most effective automated processes. And if you’re in a niche consumer industry, those challenges might require more specific or customizable solutions. 

However, GoDaddy recently launched a new, all-encompassing service specifically designed to meet the detailed needs of growing businesses. With GoDaddy’s Managed WooCommerce Store offering(Opens in a new window)(opens in a new tab), the days when online sellers spent hours managing a website are over. Here’s how you can benefit from this new platform that makes running a business on WordPress a breeze.

Customize your site however you want

For growing businesses, flexibility is a major need that GoDaddy prioritized and weaved into the core of its Managed WooCommerce Stores solution(Opens in a new window)(opens in a new tab). This all-inclusive platform transforms the way business is done, whether you’re working with products or memberships. There’s no restriction on the number of products you can sell or staff accounts you create, and you can track your business’s performance across your online and in-person selling. GoDaddy’s Managed WooCommerce Stores come with more than 25 premium extensions at no additional cost, so you have the flexibility and enhanced functionality WordPress is known for. With access to 59,000 additional plugins, you can easily add more plugins as your business scales, and the best part is your software will always be kept up to date. 

GoDaddy offers its Stores through three different plans so you can easily add more features as your business grows. And if you hit a roadblock along the way, you’ve got 24/7 access to WooCommerce experts who can help. That’s a big bonus when you can’t afford the time to wait until the next day to sort out an issue you need fixed immediately. 

Manage everything from one place

While WordPress is beloved for its customization capabilities, it can also be difficult to stay organized because of the sheer volume of various platforms required to maintain your site. Well, with GoDaddy’s Managed WooCommerce Stores(Opens in a new window)(opens in a new tab) you now have one dashboard that gives you the power to control everything you need to grow your business and sell exactly the way you’d like — and without the added hassle of figuring out which passwords or plugins you need to add to do it. From marketing and inventory management to shipping and payment processing, this new platform has everything built-in. 

If you’re thinking twice about the amount of work migrating your website to a new platform might entail, GoDaddy can help with that too. You can call 1-480-366-3546 to speak with a live WooCommerce expert who can assist with the migration of your existing WordPress site over to GoDaddy’s compelling new platform.

Bid adieu to your tech fears

Not all entrepreneurs who turn to online selling are going to ace it right away. Some of us don’t have the time or energy to deal with it, especially when tech gets a little too technical to understand. But on GoDaddy’s new platform, all the tech aspects are handled for you — software, plugins, and extensions — and they’re automatically and regularly updated by GoDaddy’s team of WooCommerce experts so you can focus on actually running your business. You can choose from more than 59,000 plugins for enhanced functionality, a stark contrast compared to the restrictions you’d usually experience with other ecommerce solutions. With free automated daily backups of your site stored for 30 days at a time, you can easily revert to a previous iteration if you need to. 

GoDaddy’s experts tune your tech for optimal performance and reliability and keep your WooCommerce store running blazing fast to deliver faster page load times and improve customer conversions. Additionally, malware screening and removal are included to help protect your site from the most common security threats.

You can sell across more platforms and save more money

More platforms to sell on is an online entrepreneur’s dream. But adding your products to new marketplaces and managing your inventory across multiple platforms can be tedious and time-consuming, and could affect how many platforms you sell your products on. 

From GoDaddy’s new platform you can easily sell in-person and across online marketplaces like Amazon, Walmart, Etsy, or eBay and social channels without downloading a single plugin, so you’ll always be right in front of your customers. Additionally, you can accept all major types of payments easily — including digital wallets like Apple Pay — thanks to GoDaddy Payments coming pre-enabled within the platform. Bonus: this new platform solution offers the lowest processing transaction fees(Opens in a new window)(opens in a new tab) compared to other leading providers, and there are no hidden setup fees or long-term contracts to worry about.

Simply put, GoDaddy’s Managed WooCommerce Stores solution for WordPress(Opens in a new window)(opens in a new tab) is a one-of-a-kind offer that provides the right tools to address all the wants and needs of online sellers. Each of the three plans(Opens in a new window)(opens in a new tab) lay out an array of features to streamline and scale your business exactly the way you want. Which will you choose?



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