Payment Processing Fees for Ecommerce | Coffee with Blair 011
Channel: Blair de Jong
Date: 2020-05-08

=== 30-DAY PROFIT CHALLENGE: DAY 11 ===

In this lesson, Blair demonstrates how to calculate Payment Processing Fees for your e-commerce business.

✅ Learn the differences between Percentage Rate (like 2.9%) vs the Transaction Rate (30¢).

✅ How to calculate Payment Processing Fees using your Gross Sales Revenue and Orders volume.

✅ Understand how decreasing a few basis points on the Percentage Rate can add up to savings to your bottom line.


Sign up for Shopify’s free trial to get started with your ecommerce store, including Shopify Payments to accept credit cards as a payment method.

➡️ https://blair.link/shopify (affiliate link)


#CoffeeWithBlair #HowTo #EcommerceTips #Ecommerce #DirectToConsumer #DTC
#CustomerExperience #CustomerEngagement #Marketing #PerformanceMarketing


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MEET BLAIR DE JONG
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Blair de Jong is an engineer turned marketer who helps direct-to-consumer brands make commerce connections. Since 2005, he’s launched online stores, ran multimillion advertising budgets and used analytics to drive smart decisions. 

He’s worked with multinational brands like ATCO, Getty Images, iStockphoto, NETELLER and TELUS, plus emerging entrepreneurs selling consumer goods online.

No matter what Blair is doing for his clients, his goal is always the same: to teach them to fish, rather than to fish for them. He created the #CoffeeWithBlair show, an ecommerce advice and Q&A show online, to show you how to build an ecommerce business that works for you.

If you’re bringing him a coffee ☕️, he’ll take a grande Americano, just black with no sugar.

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