When you look back in time, you probably want your business to be a success story. Starting small is the usual route many business owners take. However, it’s about where and how the business grows in the future that will be the defining moment for you. That’s why you’re probably here, wondering how to grow…
Just a few years ago, businesses that wanted to accept card payments had little choice but to go through traditional banks for their card machines. Today, the landscape has changed dramatically. A wave of fintech companies has made modern payment solutions more accessible, especially for small businesses. Among them, myPOS stands out as a leading…
Running an online product or service takes a lot of effort and attention to detail. It requires familiarising yourself with key terminology to ensure that your business is operating at optimal levels. One term that crops up quite often but is frequently misunderstood is average transaction value (ATV) or average value per transaction. But what…
A business without a financial plan is like a house without a foundation. You can’t simply go with the flow and hope for the best. If you want to grow revenue, scale sustainably and stay resilient during uncertain times, you need clear, strategic goals. This will give you and your team direction and focus. In…
Ever had a card payment fail with nothing but some numbers and letters flashing on the POS screen? Don’t worry – those are payment error codes. They might look like random digits, but these codes can actually tell you a lot, if you know how to read them. Some issues are temporary (a soft decline…
The digital transformation in the travel industry is a fact that can’t be neglected by companies in this sector. This gradual transformation is changing the way travellers plan, book, and experience their journeys. Powered by the integration of digital technologies and platforms in different parts of the travel and tourism sector, digital transformation enables travel…
The retail digital transformation is here and most importantly – it’s here to stay. Emerging technologies are inevitably shifting the eCommerce arena, transforming the ways consumers think and behave when shopping online. Data-driven decision-making is more important than ever in the retail industry, in a world where a seamless shopping experience is at the core…
Major retailers around the world are now relying heavily on curbside pickups. Although this is not a new retail service trend, it has skyrocketed in popularity since the COVID-19 pandemic, when social distancing was a must. Projections indicate that by 2026, UK click-and-collect orders will surpass £45 billion in value. But what is curbside pickup,…
If you’re a business owner in 2025, competition is more fierce than ever. In order to stand out from the crown and win more customers, you’ll need to cater to their needs, acknowledge their preferences, and adapt to changing behaviours. To help you gain a competitive edge in such a dynamic and aggressive environment, we’ve…
The hospitality sector ranks as one of the most competitive in the world. To stand out from the crowd, businesses must constantly evolve in attempts to meet changing needs and customer preferences. In the following sections, we share unmissable key hospitality trends that can help you reshape your strategy and attract more travellers TABLE OF…
As technology shifts and the digital world continues growing and innovation, retailers must adapt to the new technology trends in retail. If you run a retail business that sells products or services to customers in-store or through online shopping, it’s essential to understand how consumer demand is changing and what trends in retail are expected…
You work hard for your money. So, the last thing you want is to have it fall into the wrong hands. Unfortunately, having a credit or debit card doesn’t prevent theft of money. Fraudsters today are increasingly sophisticated and can get your card details through a process called card cloning, using your money as if…
One of the core aspects of running a successful business is setting the right price for your products or services. Among other pricing strategies that you can choose from, premium pricing is the one that stands out in the world of luxurious and prestige brands. In the following sections, we explore everything you need to…
Choosing the right pricing strategy is one of the most fundamental aspects of business success. It can position you competitively in the market and enable you to attract new customers, boost sales, and enjoy better profit margins. One of the frequently used pricing strategies today is the promotional pricing strategy. In the following sections, we…
Setting the right prices for your products or services is fundamental to long-term success. Your pricing strategy can influence consumer behaviour and purchasing decisions, which can, in turn, increase sales. One popular pricing technique businesses use is psychological pricing. This strategy taps into consumer psychology by setting prices that appeal to emotions, instincts, and subconscious…
