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Effective Management Articles (page 35)

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Apr 8, 2020
Weave Payments: A Modern Payment Solution for a Fast-Changing World

Payment processing is the lifeblood of any business. Most people don’t think about the inherent complexity of charging a credit card or billing a customer. But without an efficient way of processing payments, businesses large and small wouldn’t be able to function. COVID-19 transformed how, when, and where businesses operate in the short term. Even Read More...

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Apr 6, 2020
New Study on Payment Transactions: Customers + Small Businesses Share Advice

Small business owners and customers share one common objective– to exchange something of value for something else of similar value. But despite this common objective, conflict of interest can arise over payment options, thereby putting the performance of your business at risk. Since the success of your business depends heavily on customer satisfaction, the challenge Read More...

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Apr 6, 2020
10 Common Questions and Answers About Collecting Reviews

Most people are familiar with online reviews. Consumers use them to make decisions on a daily basis. Research shows that in today’s economy 95% of shoppers rely on these reviews.¹ Despite the huge popularity of online reviews, many small- and medium-sized businesses fail to see how online reviews can help their business succeed. At Weave, Read More...

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Mar 30, 2020
Infographic: How Smart Businesses Increase Sales by Offering Multiple Payment Options
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Mar 25, 2020
Weave Payments: How It Began and Why Offices Can’t Survive Without It Today

At Weave, our goal is to serve as your business’s complete toolbox. We initially focused all our energy on using both hardware and software solutions to integrate communication networks. Over time, however, we realized that there were opportunities to expand into bringing greater efficiency to all aspects of the customer experience. Why Focus on Payments? Read More...

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Mar 18, 2020
7 Reasons Phone Text Payments are Trending Among Younger Customers Under 35

Millennials are the first generation to live in a digitized world during their formative years. Further, Generation Z has been digital since day one. Depending on your source, the lines that blur generations X, Y (millennials), and Z aren’t exact, but most agree that millennials are born between 1981 and 1996, and members of the Read More...

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Mar 18, 2020
The 3 Most Unaccepted Payment Types Causing Frustration at Brick and Mortar Stores

How many forms of payment do you accept? Are you taking the right ones? According to an independent market research study commissioned by Weave, only 16% of small businesses offer more than three forms of payment. Yet, this same study found that when companies give their customers more ways to pay, their revenue increased by Read More...

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Mar 13, 2020
84% of Small Businesses Are Annoying Customers with Limited Payment Options

Have you ever thought about what annoys your customers most about your business? You might worry that they don’t like your on-hold music, or the paint color in your office doesn’t suit their taste. You might wonder if they think your parking lot is a nightmare to navigate, or the temperature in your office is Read More...

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Mar 13, 2020
4 Payment Options Proven to Increase Small Business Revenue by 29%

Before we launched a digital payment solution, we did a deep dive into the payment landscape, and what we found surprised us. Perhaps one of the most eye-opening stats we uncovered was this: small businesses that offer more payment options increased revenue by 29%. While we’re not saying that having more payment options was the Read More...

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Mar 10, 2020
5 Reasons Why Customers Love Paying with Plastic Cards and Mobile Devices

Although we commonly associate money with banknotes and coins, this form of currency is increasingly becoming a thing of the past. As the 21st century progresses, cash and check payments are gradually disappearing from the marketplace. Transactions done through debit cards, credit cards, and digital wallets are the new normal. This change in how we Read More...

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Mar 6, 2020
Clueless About Your Credit Card Processing Fees? You’re Not Alone (Almost 50% of Small Businesses Are)

Small business transactions have changed drastically as our economy adjusts to 21st-century realities. While business payments were formerly received through cash and checks, recent history has shown a clear transition to plastic and digital payments. What was once a luxury for the wealthy is now commonplace among many small business customers. Credit cards are everywhere. Read More...

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Feb 27, 2020
Mobile Payments: Will They Benefit Your Business?

Financial transactions have come a long way since the days of bartering and gold coins. While cash, checks, and credit cards have all enjoyed their days in the sun, mobile payments are quickly becoming the payment method of choice. If you’re a business owner, then the smart strategy is to move quickly to adapt to Read More...