What are the latest eCommerce Marketing Trends that you need to watch?

eCommerce industry experienced a huge change in the year 2017. This year, it is expected to grow at an annual rate of at least 19.11 percent. eCommerce industry is becoming a trend among the shopping world.
In the world full of advancements in technology, it is essential to have a global exposure for the online eCommerce business. Marketing in the eCommerce industry is something that is going to evolve in the year 2018. Trends in the eCommerce are decided on the basis of the customer’s behavior, from how they shop, what they buy, how they respond to the tactics used by the business. Since few years, the industry has been experiencing a large number of new trends in the e-commerce business.
Let us discuss the latest marketing trends to work on, in 2018.

Contextual Advertising

Ads are supposed to gain noticeable rise this year. Social media platforms have begun to revamp their designs in order to cater to the trends. The programmatic advertising uses the datasets in order to decide the target audience.
The concept of ads is to show to the audience chosen that are at the base of consumption, post that, it is retargeted in a certain period and generate more ROI.
Contextual advertising is totally about attracting the right audience at the right time with the right type of ad. E-commerce store owners can have a great advantage of this technique to reach out to a large amount of audience.

Automation in Marketing

To anyone out of the marketing field, automation in marketing may mean automating email marketing and scheduling social media posts. Automation is much more than that. Marketing automation has become the new trend. The newest automation covers the areas of customized landing pages and easy-to-access shopping carts.
When you properly implement the marketing automation, it will make your lead generation task easier and better. You will be able to send out customized emails specifically tailored for each of your customers.
Retarget customers for necessary product sales whenever required. You are allowed to customize the store offerings for all your customers.

Advanced Shipping & Easy Returns

Shipping and logistics are the areas where e-commerce industry need to have some improvements. The idea of same-day delivery offered a drastic change in the e-commerce industry.
Shipping costs are a key consideration for customers. The return policy is always something that gains the attention of the customers. Hence the e-commerce store owners may need to make advancements in their return policy and shipping options.

Enhanced Mobile Experience

Making your online store mobile-friendly is one of the biggest ways to create a global exposure and experience the sales growth. With a mobile-friendly store or a mobile application, the store owner also experiences noticeable sales growth in the e-commerce store.
Every year, the retailers make sure to increase the mobile transactions. If your e-commerce store is not responsive yet, now is the time make it responsive. People tend to get highly exposed to their mobile devices with the advancements taking place in the mobility of the devices.
According to a report by Gartner, e-commerce shopping through mobile will be the highly utilized way in the year 2018.

Product Visualization

AR will be the future for an enhanced experience of product visualization. When an e-commerce store offers an augmented reality supported product visualization, the customer gets attracted towards the product and helps in a faster decision-making process.
The AR e-commerce trends will be seen to have an upward shift in the year 2018 due to increase in adoption of smart devices.

Voice Search

As it might be known to all, voice search is the technology for this year. In every field, voice search seems to take a noticeable place. E-commerce stores should also start optimizing their store for the ever-evolving voice search technology.
It is said that content for voice search must include textual content in the paragraph form. These things can let the e-commerce website appear in the rich snippets and the knowledge graphs.
Using tables and pictures won’t be benefitted anymore in the search engines. Increase in use of voice-enabled buttons may lead to higher conversions, thereby improving the figures of the e-commerce stores.

Revived Traditional Models

The traditional brick-and-mortar market experienced a major come back in the year 2007. Now, in the coming year, this traditional model will come back with a change.
These retail stores are planned to provide in-person digital experiences without any actual inventory. Virtual Reality will be playing a major role in the upgraded brick-and-mortar model.
For an instance, a customer can enter a shop and use the virtual reality headset to see the 3D version of the related product.

Chatbots will Ease the Experience

The key to successful e-commerce marketing lies in providing extraordinary shopping experience and satisfactory customer service.
You must put the customers first and ensure that the customers do not face any trouble. AI-powered chatbots will be seeing a rise. This will help increase the user-engagement as it provides the relevant options to the customers.
Chatbots are predicted to be seen as cheaper, smarter and globally expanded this year. Voice, as well as text-based chatbots, will be available.

Blockchain, The Game Changer

Though Blockchain is still not a full-fledged technology available, it is creating a great impression in the eCommerce industry as well. As the blockchain-based apps seem to be more promising than any other technology so far, it is expected that the entrepreneurs will be giving a new shift towards the technology in 2018.
The upcoming year will bring up more examples of blockchain-based e-commerce platforms and marketplaces, inventory management systems, and various other cryptocurrency payment systems.

Payment Options to be Updated

Whether social media payments or any other personalized payment option will pop up in the upcoming eCommerce trends. There are many options such as digital payment methods or cryptocurrencies, for the better implementation as well as the development of the personalized payment option.
Moreover, with mobile commerce taking a huge place, payments made at a mobile stage will play a huge role in the eCommerce industry.
Ultimately, eCommerce will be getting better in various ways. Better the shopping experience, bigger the sales growth.

Author Bio:

Mr. Mitul Patel, CEO & Founder of ProtonBits – A leading Magento Development company based in India & USA. From the past 7 years under his leadership, the company has delivered unparalleled and challenging custom eCommerce software to the global clients.

Source: 
https://www.xhtmljunkies.com/what-are-the-latest-ecommerce-marketing-trends-that-you-need-to-watch/

7 Great Shopify Apps to Optimize your eCommerce Store

“Use Magento rather than going with Shopify”, “Magento provides more features than the Shopify does”. We heard so many statements like this, right? But it is all a myth. I am not telling you to stop building your store in Magento and start using Shopify. It is just like that, each platform has their own pros and cons! According to studies by Shopify, “Shopify is powering more than 500,000 businesses in 175 countries” Now, that is spectacular right?

With the increased use of smartphones, there are hundreds of Shopify apps to your build eCommerce stores. And it is that simple that without using right tools, you can not expect that your business would grow with high revenue.

Today when eCommerce stores are powering the sales market, this essential list of apps that will help you to promote your stores provides amazing user experience to your customers, and handle all the inventory and shipping so you can earn more revenue.

Chatty people

Chatty people is FREE available Shopify app by Shopify development company. Basically, it is a chatbot for developing an engaging Facebook merchant account. You can integrate this chatbot while setting up your Facebook commerce. It offers a very simple functionality. Without performing much coding you can easily design a functional chatbot using this free app. It is a unique combination of creative technology and user-friendliness. The way it is designed, it is suitable for enterprise customers and small businesses as well.

Integrating Chatty people with Shopify is a great way of making engaging fan pages on Facebook. You can leverage this by making customers more aware of your products and services that will result in more sales.

Crush.pics

Optimized images are a must for lower website speed. It can help you to perform better in search engines. To make sure your images are optimized Crush.pic allow you to keep the track of your images and list out the images which are needed to optimize. It automatically compresses images to upload to your Shopify store. Even it effectively compresses the existing images according to your requirements. You have to set the image preferences.

It compresses images up to 30% without any quality fluctuations. If you want to compress images up to 70 percent, there are chances you may lose the image quality but not that much.

Your webpage should load in two seconds or less, according to 47 percent of consumers. More than 40 percent of users are likely to abandon a site which takes more time to load. Crush.pic compress your images, make effective management of images, make easy alt-tags for better SEO performance.

Klaviyo

If you are planning to integrate email marketing with your Shopify store Klaviyo is the best solution.  Klaviyo provides easy integration with the user data collected by Shopify. It provides personalized, data-driven marketing strategy to each Shopify merchants.  The average estimated Klaviyo user makes $75 for every dollar they spent on the app.

According to e e-commerce store owners abandoned cart recovery emails are one of the best ways to convert lost customers into buyers. With Calvino, you can even target users who have abandoned their browsing session. With its powerful dashboard, you can even track your website’s user behavior which allows you to make your marketing campaigns more effective.

Yotpo

“63 percent are more likely to make a purchase from a site that offers user reviews” according to Vendasta. You can easily leverage the user-generated reviews to build your social reputation to the next level.

With Yotpo it becomes easy for your customers to give a review of the products they recently purchased from your store.  What makes it different from other review apps is that it facilitate the users to give reviews along with the selection of star ratings without even returning to the site.  This has been proven to have a much higher success rate, which requires less effort for customers. You can even use Mopti to manage user-generated content for your social media channels.

Kit

It is one type of FREE 24/7 working virtual working employee. Kit automatically recommend the marketing services according to your eCommerce store and products which can drive more sales. It is easy to set up with Facebook messenger and SMS.  Here, you can create a discount code and promote it. If you have connected your google merchant account here you can even start retargeting your customers

To turn your visitors into real buyers!  Kit helps you manage your Instagram and Facebook ads as well.  You can handle your email marketing, social posts for more sales.

Eventually, these activities will result in high sales and business growth. Really with the kit you can have a time-saving marketing with more sales.

Smile.IO

When you own an eCommerce store, it is important to engage your customer. Entertaining your customers and motivating them for your products is a vital thing. Smile.IO allow to set up your own rewards programs with a great user experience on mobile or desktop. Rewarding your customers is one of the most amazing ways to repeat your purchase orders.  It is simply that you can easily create a reward program for purchases, customer referrals, account registrations, social shares/follows and birthday rewards in just a few clicks.

Auto Currency

When you have a big eCommerce store, providing your products to multiple countries, it is mandatory to display prices in their home currency. When customers browse your store from a different country, Auto currency facilitates to display their currency selection box. The checkout remains in the shop currency. The main benefit of this Auto currency App is that it increases any foreign customers’ trust level on your website. It may even result in increased sales along with global customer base.

Thus, developing a Shopify store is not a big deal. Consult your Shopify development company and you will get over that thing. What is important is that you must optimize your store in a right way. You with using such types of apps you can increase your sales cycle drastically.

Source: https://www.completeconnection.ca/7-great-shopify-apps-to-optimize-your-ecommerce-store/

Top Reason to use Magento 2 for eCommerce Development

In a today’s marketplace eCommerce stores are ruling the globe. An eCommerce store is necessary for today’s time for product based owners. eCommerce stores help you to sell your products online. You can grow your business online with eCommerce. When it comes to online marketing Magento is a popular platform in a today’s market. PHP based open source CMS can be managed well by Magento developers. WooCommerce, Shopify, Drupal, WordPress and other platform have eCommerce plugins and extension to manage your online store. But if you want to go with the feature of the Shopping cart you need to go with Magento. Around the globe, there is 12-24 million eCommerce store selling products online. Almost 250,000 eCommerce users used magneto platform for their website.

Using Magento, a small and corporate businessman can build their eCommerce store and sell their products online easily. Magento provides you website management, catalog management, marketing tools, product management, customer management and online payment management. But Magento 1 is not so popular nowadays. Its new version of Magento 2 offers awesome features to build your eCommerce store. Magento 2 provides many features which attract business owners to control their website most efficiently and grow their business faster. Let’s understand the reason why you need to choose Magento 2.

Choose Magneto 2 for your eCommerce websiteImprove performance and scalability

Magento 2 improves performance and scalability more than Magento 1. Magento 2 is integrated by varnish cache helps you to improve page load time for customers and improve the shopping experience of them. With Magento 2, you can improve your website performance load 30% to 50% faster. For a front-end user, Magento 2 one is capable to handle 36% number of orders and 66% faster to add a product in the cart. Magento 2 improves efficient updates and help to speed up performance.

Magento 2 is a scalable platform. Scalability help to give merchants flexibility to use multiple databases based on the functional area of the applications. Merchants have a single database like a checkout, product catalog management, and order management.

Full page cache

In Magento 1, many owners are facing issues with page loading. That will impact to a visitor of the site. When visitor facing page loading issues then it directly impacts on sales conversion rate. To solve this problem Magento 2 provide full page caching. It means Magento 2 boosts the performance of the website by storing HTML output in a cache. It reduces load time 5-8 second just in a 2 second. Using this, websites can handle more visitor and traffic without shell out any additional hosting. It helps you to decrease loading time, make your website user experience easy and increase sales conversion rate. Without caching, each page needs to run codes and retrieve some information in a database. But in full page caching, every pages and data recalling directly from the cache.

Admin panel improvement

Magento 2 enhance admin panel. The design new admin panel which is more user-friendly, easy and native. Using Magento 2, you can designs menu simple and organize in an effective way. The updated admin panel is a new version of the platform which is allowed to manage your site simply for each user. It means you can easily modify your eCommerce store and build more functions in store in a halftime of Magento 1. This admin panel help administrators to decrease the time consuming to manage page, products, categories, orders and allow to save your time and perform a task faster for your business.

Upgrade future

Magento 2 is very flexible and easy for upgradation. Magento 2 provides much better options to upgrade and install the extension. This help to system integration easy and upgrade to create the deployment. You can use import/export functionality to export records, products and inventory data and import the same into Magento 2.

So now you understand benefits of Magento 2. Magento 2 is better rather than Magento 1. If you want to build your eCommerce store, choose Magento 2 platform for your online store or else if you have eCommerce store then migrate to Magento 2. It will help you to grow your online business. Search over the Google Best Magento Development Company to build your eCommerce store.

Source: https://articles.abilogic.com/287011/top-reason-use-magento-ecommerce.html

How A Learning Management System Benefits Young Minds

We all know the current status of schools these days. The student-teacher ratio is something no one can ignore. Each teacher has so many students in a class that giving individual attention seems impossible.

All The Ways A Learning Management System Benefits Young Minds

Here is where Learning Management Systems play a major role. It provides customized solutions to the needs of the students. It helps to fill the gap. We are well aware of the fact that the current generation has a sound knowledge of technology and is more technically sound than us; we must incorporate those teaching methods that use technology more.

Teachers have the ability to store more data than they can imagine on an LMS and the quality of content is very high, enabling teachers to deliver the best in the best way. Instead of looking for content on the internet, students can easily find them the LMS as the repository that allows them to store huge data giving access to the students only with a login-in. The students today are more tech-savvy than their parents. This system also allows the students to leave feedback if they are not getting the best quality content that can be easily understood. Complex and poor quality content can be reviewed after students leave a feedback.

How Does The LMS Work?

An LMS is basically an application that helps teachers to create, administer, and document the content; they also make sure it is delivered in the right manner to the students. The system not only helps the distribution of the content but also monitors the participation of the students and the performance of each one in each section. When students know they are being evaluated and they cannot avoid it, it ensures they are sharp and alert while they are using the system. It is a new and smart way of classroom learning and online learning.

Active Learning Through Planning

The Learning Management System enables the teachers and students with the content as well as the session’s management. Faculties can easily share the lesson plans and outline of the course with the students as and when they feel the need. Students can also access at the same time as per their requirement. If students and teachers use this actively, the learning system will be more simplified and active. Actively participating in this also allows students to suggest some modules that might enable better understanding and knowledge of topics or any possible subject.

Enables Content Creation And Management

The system has applications which are in-built and allow the user to create presentations, documents, spreadsheets, test papers, and learning material. It doesn't only save your time and energy but it also gives you access to the same from anywhere, allowing one to make changes or additions to it as an when needed.

Tracking Activities

The system generates regular reports on the performance of both the student and teachers based on their activities. How they use the course material, and how they have benefitted from it. Giving regular tests allows students and teachers to keep an eye on the performance.

Benefits Of A Learning Management System

LMS has become the centralized point for getting information and education. The content developed, training and tracking of the performance can also be done from anywhere. It allows multiple users to access the same data at the same time. It is loaded with features that are necessary for the learning system simplifying it, yet making it competitive among the students.

Centralized And Blended Learning

It simplifies the education process making it more responsive as per the client’s needs. The users can understand the system easily as they progress through their learning and the course. An LMS has blended the learning system by allowing the students to use it through the mobile phone, computer, and internet.

The Learning Management System has transformed education and the learning style for the young minds. It is impactful and gives them access to a huge resource database that otherwise they would have found on their own. It has simplified education and the learning system to a great extent.

Organizes Content In A Single Place

The best part of eLearning is that you don’t need to save your content or material on different drives. It allows you to save everything in one location and have access to the same from anywhere. It ensures that your data is safe and you don’t lose any data anytime.

Unlimited Access To The Learning Material

Once content is uploaded on the LMS then you can access it anytime and use it as many times you wish. The new systems allow the students to access a content unlimited number times to increase their knowledge or to keep reading a content a topic till it has not been clearly understood. If you wish to do a revision while you are traveling the app allows you to do so.

Lowers Learning And Development Cost

The LMS gives students the liberty to learn without a physical instructor. They do not need to pay high fees to get the content; all they need to do is register in the system and have access to the data without any charges. The young generation today thinks that when everything is available online for free then there is no need to pay high charges because they understand this LMS give them access to the learning data, and they don’t have to pay high fees for it.

Easily Expands The Online Courses

If you wish to add modules to the existing course it can be done easily in a few steps. You can update the information as of when you get and let your students have access to it, in fact, students can suggest the same updates if they come across so the teacher can add them in the current course. Because all your content is in one place, you can add or remove content easily allowing students to access the latest one.

Easily Integrates Social Learning

A Learning Management System is online learning that makes it very easy for the faculties or the admin to integrate social platforms to it. If you come across some content on FB or Twitter that might be beneficial to the students, integration of the same will allow them access to such content and gain more knowledge. An LMS does not limit the knowledge gaining for the students. It has a plethora of features that allows the students to get the latest updates or information on particular topics.

Conclusion

As an education firm, one must have a proper LMS for their student and teachers. The system must have the latest features where teachers can give feedback and suggestion to the students to help them improve and perform better. The Learning Management System has transformed the young therefore the education system to a great extent as well.

Top 6 Reasons Why Blockchain is Important in 2018

 The blockchain is the fastest growing technology in the world. Previously in 2017, we have been given so many proven factors which indicates that why blockchain is such important technology.

This year many business owners are giving it a chance to see if they can explore this technology.

Basically, it is one type of distributed ledger that contains digital data stored in packages which are known a blocks. These type of blocks linked together make a chain which is called “blockchain”. It is the emerging technology that lies on the crypto currencies like bitcoin and ethereum.

Database Sharing

This innovative technology provides the sharing of databases. It minimize the administration tasks. Content mechanism allow participants for the verification  and process the transactions on the blockchain technology.

Disintermediation is one important because it make and create amazingly important data. If the entire dara is stockpiled, it would destroy the whole process or else makes the process simpler.

Open Source Platform

It is one of its main benefit that it comes with an open source technology which allow developers to customize it. It allow others to boost the efficiency of technology with possible changes into it.

This is one of the key reason that why blockchain technology is  gaining much popularity among users and developers. This is why security systems  in the USA adopted this. This clearly states so many possible applications of Blockchain technology.

Gives Users a Big Control

Blockchain database provides a great power to users.They can be in under control for their transactions. Basically, Blockchain do not hide anything from their users. It is kind of a ledger which is exposed publically to users.

The Data Structure

Blockchain has one special type of data structure based on that data is set out and built in many blocks. These data blocks includes a small piece of data that is used to verify the content of all the previous block. This results, whenever an attempt is made to edit or modify any earlier created blocks in the chain. You can imagine that  blockchain database would look like a tower in the backend side. It would look like that but this way a lot of revision work is completed. The rest of the sequence blocks upwards from the second block will change and become, in a form of different type of data. It will become a system that will maintain the blockchain which will be able to detect and reject the attempted modification. This is what makes the blockchain tamper-proof and less attempted.

Acceptable by Everyone

The blockchain technology is moving towards the mainstream world. If we look further there is  increasing number of blockchain groups making it aware everywhere. From college campuses to small cities we see that many of them are making it obvious to have. Money transaction is becoming a big part of cashless economy. Today when people prefer to transfer money through cloud based services blockchain is one of the most preferable technology to develop your own payment gateways and transfer the money.

Today when bitcoin itself is becoming number one thing to gamble on and making money, big enterprises and owners will be the first one to adopt the blockchain technology.

Provides Great Quality

Blockchain provides a great quality in a form of timeliness, assurity, making decisions and accurate results. In the blockchain technology database is made of al the features which are needed to improve your product’s technology.

Integrity

Integrity is one big factor that blockchain provides to its users. Mainly in blockchain transparency and immutability is all what you are needed to include. Blockchain records which are created on the basis of data integrity are so much solid that they can not be changed once created. Therefore it is highly reliable and minimize the total efforts. It is very common for the transactional owners to make different impressions between the two transactions. Additionally, it will lead you to the place that do not assure the accomplishment unless you have a sufficient proof that you have missing records.

High Speed Transactions

Blockchain technology is all about the money and other transactions. Basically, bank to bank and traditional transactions may take some days to settle the process. Blockchain technology can minimize the transaction timing  into minutes. Now, this is your biggest advantage. Moreover, you can send money and perform transactions anytime, anywhere in the world.

Blockchain technology, includes many useful benefits to in business owners, healthcare, government, defence and energy. It has the highest ability to make the massive transformation with many factors. Presently, blockchain technology is still in its so called struggling stages and the importance of its unique benefits will come in a light slowly. Based on whether people will quickly understand and implement it to take benefit of this technology or not.

Key Cryptography

The use of public key cryptography ensures to its users  that each component in the blockchain system is uniquely identified and can be validated any changes to the blockchain with the use of cryptographically. It is basically a secure private key. With its use, public key cryptography we can make secured performing money transactions. It is not a unique factor of blockchain, butt is one of the important underlying technologies which ensure the users that blockchains are secured and only authorised person can make any changes to a blockchain and its blocks. It is also used to encrypt the data which is stored on the blockchain database so that the data is only be visible to those who have  the key to decrypt it.

If we compare the blockchain with other traditional database technologies and centralised systems, it is a pretty obvious to implement as it can be relatively less costly and will require less IT investment to maintain it. However, it is still in the development phrase, for the time saving tip these savings on the ongoing operational may cost less by significant upfront development costs. This blockchain technology is the proven important technology to be during this 2018.

Source: http://www.protonbits.com/blog/2018/06/08/top-6-reasons-why-blockchain-is-important-in-2018.html

HOW TO BUILD SAAS STARTUP THAT WINS FOREVER

What is Saas? Software as a service (Saas) is one of the most famous software model used by the most of the users on the web. It allow users to connect through the internet to cloud-based apps. Simple instance includes email, office management software, calendar etc.

It provides you the complete software solutions as per the installation payments. Users can rent the apps for their respective organizations and users can connect the app over the internet with the web browser. It’s backend contains all the required middleware parts, app software data and infrastructure. The main benefit of SaaS is that it allows your organization to get quickly running app at minimal upfront cost.

Nowadays, all the software are migrated or migrating to a Saas. Even a basic hosted model is preferable. Today most users are familiar with it and cloud computing. Generally they are even ready to take the issues of security which comes with the application model. When it comes to business growth and sell planning, any wrong decision can be a big unfortunate for your business.

Checkout the listed steps to build a startup Saas which will grow your business to a next level.

Define the Requirements

With Saas applications, what you need to figure out the first is that what  the basic need behind developing this application is and sometimes answers are hidden behind all the question your user may ask you while the feedbacks. You need to understand that what your users’ needs

And work on that. It will create a direct roadmap to a successful Saas startup.

Instead of getting stuck in the analysis you should must take a note on your user requirements and your half of the task will be completed.

Build the Trust

Communication is the most preferable and important aspect when it comes to building your Saas startup. Branding comes under the spotlight when you are upfront. Neither your logo, blog nor anything else will reflect your business startup: You will. In the business of Saas you have to go out, as the CEO of the company and have to find unique ways to connect with your audience and customers to build a particular type of relationship between you both and make you highly accountable. The respect, trust, and presence you’ll attain are so worthy to have and build a foundation which is an authenticity the markets are hungry for.

Offer short term trials

Users tends to take short trials more seriously. If you look into the database you will find a number of users flushed out from the free trials in just 4-5 days! There is no sense in offering one month free trials when most of the users do not want to use it. 90% of the Saas startups should not offer any longer than 14 days.  Your prospects will be delivered in more effective way. With a short trial period, they will try your product immediately. When you shorten your trial, you also shorten your sales cycle. If you’re able to shorten your sales cycle from six weeks to three, you will significantly reduce your customer acquisition costs.

Communicate your trial signups immediately

Communication with your trial signups becomes crucial at a time. According to studies 70% of Saas startups don’t know how to turn their free trials into clients. They don’t know how to sell Saas. In the early stages of your startup Saas you have to call every single trial user within minutes of their signups.

You may notice a drastic change to your reach rate firstly. There may be a chance that your users will spend more time with your saas with a fresh idea in their mind

You need to make sure that your solution is appropriate fit for your user’s needs before you offer them any deal. If it is not than you can use the call to help them.

Learn to handle objections

A sophisticated phone ca is the convenient way to handle the registrations. This will allow you to improve your business model more effectively. As a business startup if you understand the customer, you own the customer. So, Pick up your phone and get to know your trial users as much as you can or they’ll never become your customers.

Don’t be too fast

Saas model make the buying process easy for the customers. Never try to cover a big part of the product revenue. If you are selling something and you only get half of the revenue each time that is totally okay for initial level even if you spend some revenu on delivery. It is totally wrong to have all your costs at such high pricing to cover the revenue in order to generate revenue. When you are a saas startup, you should be ready to handle such loss. It may build an easy customer relationship for more sells in the future. It would be the best message to customers that you have mention a termination clause that will protect your interest and will convey a message to your customers that you totally take care of their interests.

Make an Investment

Investment is an essential thing for any business to get started once. You have to try self-funding to get your business long way while gaining fulltime ownership. When you are at a startup level never be depended on the external funding resources. It should be on your list only at some point when such cash is required for the rapid growth. This will set you free to spend 100% of your time getting your business going and growing without having to any type of worry about preparing the payments  for investors or taking bad deals just to get some cash in the bag. When you are looking to self-fund yourself finding grant, try different contest related to your industry, save money from your income, crowdfund your idea may help you generate a good revenue to in getting a good amount of cash that will help you to build your startup Saas that will be the long time run in the market.

A successful business is a possible thing only if you map the whole process in a correct manner.

Source: https://bussinesshours.org/how-to-build-saas-startup-that-wins-forever/