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Main » 2014 » January » 06 » An Account To Call Your Own
12:05 PM An Account To Call Your Own |
An Account To Call Your Own Reap the benefits of establishing your own
independent merchant accountMost Internet marketers know all too well the
trouble that can be caused by misunderstanding the business terms of their
merchant account provider. Everything from exorbitant fees to frozen finances
await the online marketer who fails to provide for potential problems. There are
ways to avoid merchant account disasters, but by and large online marketers are
learning that establishing their own independent merchant accounts can bring a
wealth of benefits.Most companies that offer merchant accounts don't understand
our business, says Armin Morin, an online marketer and entrepreneur who has made
$15 million on the web. They don't understand growth. They're nervous about
bringing in that much money at once. You need to be working with a company that
can help you set up your own account - a company that understands the needs of
an online marketer who can bring in tens of thousands of dollars in less than a
week.When you have your own merchant account you wont be paying a transaction
fee to anyone else. This can save you 8% or more - that's 8% pure extra profit.
It may seem like an insignificant amount, but remember, 8% of one million
dollars is an extra $80,000. What could you do with an extra $80,000?An
independent merchant account also gives you the flexibility to customize your
shopping cart page. If you're using an external merchant account, your buy now
link could take your customers to another page that looks nothing like your own
site. This can lead to confusion and cause your customers to abandon their
shopping carts entirely. A consistent look from one page to the next lets your
customers know that they're in the right place, they're buying exactly what they
mean to be buying, and their credit card information is going to a company they
know and trust. Your ability to customize your order page also means that you
can add testimonials, a guarantee, information on current promotions or the
option to gift wrap.Jud Smith is vice president of affiliate relations for
PowerPay, a company that helps online marketers to establish merchant accounts
to process credit card payments. I work individually with my clients to make
sure their accounts are set up correctly, says Smith. A lot of merchants who go
online don't have someone to help them one-on-one Peuterey outlet. As long as you have a
business plan, they just let you go. I want to be there to make sure that my
clients are maximizing their online money-making potential. I limit risk.By
working with a company like PowerPay to establish an independent merchant
account or by simply doing your homework, you'll minimize your risk considerably
Parajumpers. Getting your merchant
account set up correctly right out of the gate will ensure that your business
venture progresses without a hitch. It comes down to exposure and protecting
yourself, making sure your refund warranty policy is rock solid, explains Smith.
If your account is underwritten correctly from day one, you'll be able to simply
enjoy the success of your online business.
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