Do you have the name of the merchant account guy at Bank Of America so I can get a merchant account with them?
Please email Leonardo.Peralta@bankofamericamerchant.com
Do you have an american credit Card? if so, does it benefit you in any way? Which bank do you use / recommend to me?
Yes, I have a bank of America credit cards. Over time you build a track record there and they allow you higher credit limits that help with a cashflow of your business.
You will need to have a proper LLC setup and have an IEN number to open a bank account / credit card.
Got denied as affiliate for aliexpress on admitad not sure why. Does this happen often?
Please sign up through my link https://www.admitad.com/en/promo/?ref=zrwjkbartq If you don’t get approved please email: email@example.com and say you are from me, you’ll get approved
PayPal limited our account. We can’t even accept payments. Should I keep running ads or pause? If we keep them running, will it hurt optimization? If so should we keep PayPal linked to the shop or unlink it?
I’d unlink it until I get everything settled with them or link a different PayPal account.
Yes, we basically customize the templates. This can be as advanced as it needs to be but to start with just can be a modified version of the provided template. Please find templates here: https://docs.google.com/document/d/16zcxnffq_n0WYxxq_XD7VqgjdkPvlwx2m3EzxRkoh4k/edit?usp=sharing
Stripe, Shopify Payments, sent me an email to let me know that they can’t provide any more support to my business.What alternatives can I use.
Ask your bank if they have a merchant account service. Oftentimes they can provide a direct merchant account service. Also, you can try with this service instead of Stripe, they are more open for dropship business model, and more chances to be approved – https://www.easypaydirect.com/ . Another option is by using PaymentCloud, which implements directly onto Shopify through Authorize.net.
What are the best ways to increase the average order value?
One-Click-Upsell (OCU) and bounce back email: https://www.klaviyo.com/blog/bounce-back-email . These two ways don’t hurt the initial sale as they happen after the sale.
Do you look at competitors when determining the price of your product? Or is the price simply based on your own ROI calculations.
Start with competitive pricing. Adjust based on conversion rate/ if it’s high, I raise the price and test. If too low, lower the price.
If on the landing page is not a single word on shipping time. Wouldn’t that put off quite a lot of people by not knowing the expected shipping time frame?
Shipping of 10-20 days is ok. We notify customers through an order confirmation email and give them a chance to cancel their order if they don’t want to wait. Only a very small percentage of people cancel their orders. As long as you are transparent and communicating with customers you wouldn’t have issues.