Small businesses need two things to survive the pandemic - digital adoption and obviously, steady profits. While being on e-commerce and delivery platforms helps in terms of reach and awareness, a portion of merchants’ profits are used for commissions and platform fees. We discuss the importance of proper digital transitioning as well as having a platform that allows merchants to keep all of their profits.



Image Credit: Lano Lan | Shutterstock

Small businesses need two things to survive the pandemic - <a href="https://themalaysianreserve.com/2021/09/29/12mp-mdec-to-focus-efforts-on-msmes-digital-adoption/" target="_blank">digital adoption and obviously, steady profits</a>. While being on e-commerce and delivery platforms helps in terms of reach and awareness, a portion of merchants&rsquo; profits are used for commissions and platform fees. We discuss the importance of proper digital transitioning as well as having a platform that allows merchants to keep all of their profits.

Image Credit: Lano Lan | Shutterstock


<div id="weava-permanent-marker" date="1633514342802"></div>

Helping you navigate the ever-changing universe of business, from headlines to the bottom line

Helping you navigate the ever-changing universe of business, from headlines to the bottom line

Advertisement