Definition Tax compliance is the practice of correctly applying, collecting, reporting, and paying all required taxes for your business according to local, national, and international laws. In eCommerce, this includes […]
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Definition The supply chain is the entire network of people, organizations, resources, and processes involved in creating a product and delivering it to the final customer. It includes suppliers, manufacturers, […]
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Definition Stock forecasting is the process of predicting future product demand to plan inventory levels effectively. It uses past sales data, market trends, and seasonal patterns to ensure products are […]
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Definition SKU (Stock Keeping Unit) is a unique identifier assigned to each product in a store’s inventory. It helps track stock levels, variations (like size or color), and manage inventory […]
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Definition Shipping zones are geographical areas defined in WooCommerce (or any eCommerce platform) where specific shipping methods and rates apply. Each zone can include one or more regions, such as […]
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Definition Shipping methods are the delivery options a store provides to customers when purchasing products. They can include flat rate shipping, free shipping, local pickup, same-day delivery, or real-time carrier […]
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Definition Session duration is the average amount of time a visitor spends on your website during a single visit. In eCommerce, it shows how long customers are engaging with your […]
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Definition Sales performance refers to how well a business is achieving its sales goals, measured by metrics such as revenue, conversion rate, average order value, and customer acquisition. It reflects […]
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Definition Revenue is the total amount of money a business earns from sales before deducting costs or expenses. In eCommerce, it includes income from product sales, shipping fees, subscriptions, and […]
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Definition A return policy is the set of rules a store defines regarding how customers can return purchased items, request refunds, or exchange products. It outlines the conditions, timeframes, and […]
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Definition Return on Investment (ROI) measures the profitability of an investment by comparing the net profit it generates to the cost of the investment. In eCommerce, ROI is often used […]
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Definition Regional pricing is the strategy of adjusting product prices based on the customer’s geographic location. Prices may vary due to differences in demand, currency, taxes, shipping costs, or market […]
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