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How to maximise your festive season sales

As the festive season approaches, many business owners experience extreme highs or extreme lows during this time. This can be a make or break time for many small businesses so the question is how to maximise your sales  so that you can make enough money to accumulate funds to carry your business in the lean months. WAPPoint has various options for taking payment, and a Pocket Pro is ideal if you want to save on expenses. We also offer short…

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10 Reasons to take your business online

With South Africa’s unemployment rate sitting on a record high of 27.7%, South Africans are forced to look into alternative ways of earning an income. If you cannot find a job or have suffered through retrenchment, the only logical next step is to start a business. But how do you start or grow your business with little to no capital? Our answer is to take your business online! More and more people around the world prefer to shop online and…

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6 Ways To Save Time & Money In Your Business

It's easy for a business owner to get caught up in the day-to-day running of their business as opposed to focusing on business growth. For many SME business owners it is simply not possible to put working for the business aside, so we've compiled a list of tips to help you use technology or people to spend less time on being your own employee and spend more time on being an entrepreneur. Are you spending too much time working in…

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4 Ways To Protect Your Business Against Fraud

This month we will be looking at fraud from both the cardholder and merchant perspective in order to shed some light on what you can do to protect yourself. The information compiled below is in line with industry accepted standards and applies to all merchants and cardholders regardless of their supplier. What is the difference between Fraud and a Chargeback? Chargebacks arise when cardholders dispute a transaction. This could be due to any of the following reasons: they do not…

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How to Become the Best in Your Industry

Ask anyone in the world who they would want as their heart surgeon. What do you think they would tell you? It’s pretty obvious… they would say, “I want the best there is”. It is human nature to want the best and as entrepreneurs, we only want the best for our businesses too. Unfortunately reality often prevents this from being possible due to location, cost or knowledge. This month’s blog article is about providing you with the tips and tools to…

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6 Ways to Structure Your Pricing During a Recession

The South African economy is now in a recession, reducing the spending power that customers have or making those who do have spending power a lot more price sensitive about their purchases.  Keeping or growing your market share can be tough during these times, especially when competitors compete even more aggressively and customers are more hesitant to spend. Here are 6 important price related tips that may help you stay ahead: Premium Pricing Market Penetration Pricing Economy Pricing Price Skimming Psychology Pricing Bundled…

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DIY Online Marketing Tips for Entrepreneurs

5 Ways to Stay Ahead of Your Competitors If you are looking for ways to increase your sales without spending too much, online marketing is the way to go. Many entrepreneurs are under the impression that marketing is expensive and that the only way to sell products or services is through door-to-door or one on-one sales methods. This month's blog article will give you 5 easy and cost effective ways to increase your sales without breaking the bank. Doing business…

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4 Ways To Avoid “ Junk Status ” from Affecting Your Business

Have recent developments in the South African political and economic spheres been keeping you up at night, led to emergency strategy meetings or stopped you from expanding your business? This month, the WAPPoint team are focused on helping business owners to find ways to overcome the disaster in the economy and turn this into potentially bigger profits! How junk status affects you and your business: A slow progression of interest rate hikes will occur over time. This means that if…

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One Card Payments Provider For All Your Needs:

All Solutions Under One Roof: Have you ever had to endure the nightmare of switching your bank account because your current bank does not fulfill your needs anymore? Does your business go through roller coaster profits, meaning you make high turnovers in some months and low turnovers in others? This month we’re letting you know that you don’t need to fear the same troublesome experience with your merchant service as we can help you manage your cashflow and fixed expenses.…

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8 Guidelines That Will Help You Grow Your Business

Many new businesses fail within the first few years because they lack the knowledge on how to plan for and maintain a steady growth pattern. Some businesses grow so quickly that they cannot keep up and others fail because they have over invested in inventory and then cannot sell it quickly enough. This month’s blog article will discuss the 8 guidelines to growing your business steadily and how WAPPoint can help you financially through the growth phase. With WAPPoint payment…

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