April 25, 2024

3 Updates to Keep You Competitive in eCommerce

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It’s exciting to have your ecommerce site beautifully designed and ready for business. But that’s not the end of it, however. It’s very important to stay on the cutting-edge of technology if you want to stay competitive in this sphere. Could your site use any of the following updates?

Make Sure Your Website is Mobile Friendly

In this electronic age, the use of the standard desktop computer is declining. Patrons can now access their tablets and smartphones at an easier pace than sitting down and turning on their desktop computers. Professional tablets are now replacing desktop computers. Tablets are lighter, and the computer chip processors are in some cases faster than the desktop computers.

Every time you design your webpage for e-commerce, you want to make sure that you have a mobile-ready website for your business. People will normally recommend your business more to their associates with a mobile website. The mobile website should be easy to read, easy to navigate, and lovely to view.

Point of Sale System

It is prudent to understand all the tax implications of the dynamic and ever-changing economic nexus laws. States are collecting revenue from online sources because of the declining brick and mortar sales in their respective counties. The South Dakota v. Wayfair, Inc. case provided incentives for States to continue their aggressive collection efforts. The judge decided in favor of South Dakota in June 2018.

There are currently 16 states that have adopted economic nexus laws. A further eight states are considering revising their legislation to collect online sales tax. Businesses that sell to clientele in states that have adopted economic nexus laws need to update POS systems so they can collect sales tax from anywhere.

Once you understand which states have adopted economic nexus laws, you will want to determine if you will need to charge your customer sales tax from each specific state. This process should be easy and automated as possible. Some online ecommerce POS systems automatically collect sales taxes for you and send them to their desired destination. If this platform is unavailable for your business, you can purchase automation sales tax software to be embedded into your website for convenience.

Sales Tax Forms

Most POS software companies will give you a detailed analysis that demonstrates the amount of sales tax that were collected for each state. You can then use this information to file your monthly sales tax return. As always, you want to check for any sales tax discounts. The sales tax return can be submitted automatically online.

It is important to stay current with advanced technology for ecommerce websites. Utilized technology leads to a better experience for your clientele.

Get consulting from Shannon that will help you increase revenues, develop a high performance team, and avoid costly mistakes! Book a complimentary 30 minute Business Strategy Session here.

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