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Business

Gross Merchandise Value (GMV): What It Is, Formula, Example

The fast-paced world of e-commerce and startups has identified Gross Merchandise Value (GMV) as a significant indicator of business success. In this article, we will explore the concept of GMV, its calculation system and its application in a startup. We'll…

BartercardApril 11, 2024

Business

Payment Gateway: What It Is, How It Works

In the digital landscape of commerce, the facilitator behind secure online transactions is the payment gateway. Specifically in Australia, comprehending the nuances of this system is important for businesses transacting via digital payments. Let's cover the essence of a payment…

BartercardApril 8, 2024

Business

Electronic Retailing (E-tailing): What It Is, Types, Examples

As the world continues to embrace digital transformation, electronic retailing, commonly known as e-tailing, is a prominent force shaping the retail landscape. Australia has practically embraced this norm, with the E-commerce Guide covering data pinning down the country as the…

BartercardApril 1, 2024

Business

Bartering (or Barter): What It Is, Benefits, Uses

What is Bartering? Barter entails the exchange of goods or services between multiple parties without involving money or any monetary means like credit cards. Essentially, it revolves around one party providing a good or service in exchange for another from…

BartercardMarch 24, 2024

Business

Six Sigma: What It Is, Steps

In the domain of quality management and process enhancement, Six Sigma is renowned as a potent methodology adopted by organisations worldwide. Initially rooted in the manufacturing sector, Six Sigma has proliferated across diverse industries, spanning services, healthcare, and technology. We…

BartercardMarch 18, 2024

Business

Trader: What It Is, What They Do

For those captivated by the dynamic world of finance, the role of a trader beckons as an exhilarating and potentially lucrative endeavour. In this blog post, we will explore the general definition of a trader, the essential skills required, the…

BartercardMarch 12, 2024

Business

Warranty: What It Is, How It Works, Types

A warranty is a significant aspect of consumer rights and product assurance in Australia. Whether you're a business owner offering warranties or a consumer relying on them, understanding what warranties are, how they work, and the provisions under Australian Consumer…

BartercardMarch 6, 2024

Business

Network Effect: What It Is, Pros and Cons

What is the Network Effect? The network effect denotes a situation in which the value of a product or service increases as more individuals or participants engage with it. The internet serves as a prime illustration of this phenomenon. Initially,…

BartercardFebruary 29, 2024

Salesperson turning a knob to select customer retention strategy instead of acquisition.

Business Marketing

New or Returning Customers: What’s Your Focus?

Customers, new or old, are crucial for running a successful business. However, while all types of customers are equally important, their distinct characteristics require different marketing strategies. Understanding these differences is essential for effective resource allocation and strategic planning. New…

AnnaFebruary 27, 2024

Business

Customer to Customer (C2C): What It Is, How It Works

What is Customer to Customer (C2C)? The Customer to Customer (C2C) business model facilitates direct trading between customers, often in an online setting. This model finds expression through platforms like auctions and classified advertisements. C2C commerce has surged in popularity…

BartercardFebruary 25, 2024

Bartercard is a simple, flexible barter system that converts slow moving stock, downtime, spare capacity or vacant seats into extra sales.

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Business

Gross Merchandise Value (GMV): What It Is, Formula, Example

Payment Gateway: What It Is, How It Works

Electronic Retailing (E-tailing): What It Is, Types, Examples

Bartering (or Barter): What It Is, Benefits, Uses

Six Sigma: What It Is, Steps

Trader: What It Is, What They Do

Warranty: What It Is, How It Works, Types

Network Effect: What It Is, Pros and Cons

New or Returning Customers: What’s Your Focus?

Customer to Customer (C2C): What It Is, How It Works

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