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From beginner to Pro: How to master Shopify Flow?

As a busy eCommerce store owner, time is your most valuable asset. With so many tasks to juggle, it's easy to get bogged down in the day-to-day operations of your business. 

That's where Shopify Flow comes in. This powerful automation tool can help you streamline your workflow, save time, and get back to what you love most about your business. From adding tags to orders and customers to managing inventory and more, it's like having a personal assistant at your fingertips. 

P/s: The only thing it won't do is bring you coffee. We're still working on that feature.

 

Top eCommerce Trends to Watch in 2023: Staying Ahead in the Online Retail Landscape

It's critical to keep informed and on top of the latest eCommerce trends, whether you own a little business or a major multinational. To guarantee that your online store remains successful and relevant until 2023 and beyond, start putting these tactics into practice today.

The power of text messaging for your business

Text messaging has become a powerful tool for businesses looking to connect with their customers quickly and effectively. With an open rate of 98%, SMS provides a unique opportunity for businesses to reach their audience directly, and see a significant return on investment (ROI).

Let's look closer at the secret of the incredibly high return on investment of SMS texting.

6 eCommerce Newsletter Ideas to Inspire Your Brand

If you operate an ecommerce store, chances are your online operations are powered by Shopify. After all, some 4.4 million websites around the world use Shopify and generated some $79.5 billion in revenue in 2022 alone. It’s the first choice for many people, from homemakers operating a business from home to renowned celebrities such as David Beckham.

Shopify offers a wide range of customization so you can put your mark on your online store. What’s more, the Shopify app store offers more than 7000 applications, such as Facebook Messenger chat apps, to help you achieve that customization. This allows specialist and niche businesses to build a global brand that serves their customers well and offers the highest quality products as well as great customer service. 

While Shopify makes it easy for you to set up and operate an online store, including customizable, easy-to-use themes, there is still a lot of work you have to do yourself. One crucial area in maintaining a successful ecommerce business is communication – in particular, letting your existing customers and subscribers know about special offers, new products, or other information via newsletters. 

Here, we look at six ecommerce newsletter ideas that will make your emails stand out and lead to higher conversion rates and revenue. 

Facebook's Diem Cryptocurrency: A Game-Changer for Online Payments?

The growth of online economic activity leads people to aspire to smoother payment methods and flexible financial transactions. The diffusion of smart devices and internet penetration levels in contemporary society are paving the way for a global digitalization of the economy through cryptocurrencies.

Facebook's Crypto Venture

The impact of social media like Facebook can affect the economic field, thanks to a user base of 2.6 billion across the world. It shouldn't shock anyone that the world's largest social media decided to debut with a new cryptocurrency, Diem, launched in 2021. 

Facebook's cryptocurrencyAlthough internet-based financial transactions are widely accessible to millions of users, about 1.7 billion adult mobile owners live without access to traditional banking services. Nowadays, people with limited financial resources are charged additional fees for using financial services, such as ATM charges, wire costs, and more. That's where Diem takes action: Facebook's new cryptocurrency offers the chance to use blockchain to solve the accessibility problem. Blockchain allows users to process financial movements without the control of a local bank or other financial institutions, which makes cryptocurrencies a free way to online financial transactions for online purchases, payments, donations, and gaming services. Furthermore, Diem might help online casino players overcome transaction issues, as you can see at https://www.drapuestas.com/blog/diem-la-nueva-criptomoneda-de-meta, a recent article discussing the features and use of Diem for online real-money gaming.

What Makes Diem Different Than Other Cryptocurrencies?

The advent of Diem (formerly Libra) came with the promise of solving several financial issues, starting from accessibility. The objective is to combine blockchain technology with regulatory frameworks and all-around compliance. Thus, Diem can help with specific compliance requirements by improving the efficiency of other cryptocurrencies. We've collected a list of the main actions of Diem:

  • Diem helps prevent illegal activities, including money laundering
  • It can use crypto projects to help against financing for terrorism.
  • It provides a strong base for trust while sanctioning compliance.
  • The Diem coin can offer users the advantage of security.
  • It offers a new chance to people with limited accessibility to financial services.
  • It provides an open, global payment network at a cost-effective level.
  • The transaction speed is superior to other cryptocurrencies.
  • Diem supports commercial and trade activities.
  • It offers high-quality interoperability under governance practices and compliance standards.

Components of Diem

The financial build of Diem focuses on empowering billions of adult users cut off from the actual financial fields. Facebook's Diem project encompasses three milestone aspects that contribute to creating an inclusive financial system for the future. Here, you can see the three components of Diem:

1) Blockchain

Diem entails a blockchain structure that ensures reliable scalability and security levels. This condition is necessary to build a technology-driven and cost-effective payment system.

2) Governance

The Libra Association and derived networks support governance and compliance while focusing on developing the payment system's infrastructure.

3) Libra Reserve

Libra was born as an integrated entity of the Libra Reserve, which includes assets of cash or cash equivalents within short-term government securities.

Conclusion

Facebook's new cryptocurrency aims to offer the world an interoperable and reliable payment method that can secure the user's financial assets through simple and intuitive interfaces. On top of these objectives, Diem focuses on providing users with cost-effective and easy-to-go access to the online financial panorama.

 

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