TCommerce: More Time for Sales and Admin, but more time teaching

We know that managing a knowledge commerce business is often a long and stressful task. There's lots to think about, like the best way to optimize your landing pages, finding new customers, managing your books and managing student payment and refunds.

The main issue we hear from designers is that the more they expand, the more time they're spending fighting flames as well as dealing with the day-to-day administration. But you're an educator. It will be beneficial for the world if you focus the majority of your energy and time in teaching and not managing business.

Want to know more? We'll take a look at the TCommerce Selling, Bookkeeping and payment tools in more detail:

An easier method to make money

If you've published a course , then you're likely trying to find strategies to get new customers and increase your revenue--and you're not alone. Selling is the main problem for creators, although there's no all-encompassing solution, there are simple and effective "quick victories" that every creator should be considering.

  1. Improve your shopping experience with the latest features:

Improving your checkout is among the simplest and most effective ways to sell more.

• You can now incorporate Wallet Payments to your checkout such as Apple Pay and Google Pay, which will improve the conversion rate of mobiles and increase customer satisfaction.
• The checkout has been made faster and loads at 1.3 seconds instead of 2.3 seconds, and we've enhanced the rate at which payments are successful so that more of your transactions will be accepted by your bank without you needing to do anything.

  2. Maximize the value of each sale by placing an order with Bumps:

If you've not heard us talk about Order Bumps then listen up since we've been shouting it from the rooftops! If it makes sense for your business, adding an upsell in the checkout is by far the easiest and least expensive way to get more sales.

Find out more about TCommerce Tools 6-Order Bump Exemples

We love this feature because it's not spammy. Bumps will actually improve the learning experience for students. Think about it if your student buying a course about Trail Running and in the checkout you suggest they also take a class for 10 dollars on Stretching After a Run. This will increase the average value of your order but also provide a contextual worth-for-money for your students. Learn more about order bumps here.  Fun Facts!

• order bumps raise sales by 3.36%
• The checkout we offer increases sales by 22%
• Together, they boost the sales of 5.36%

Make bookkeeping easier with these new tools

In the past, we asked creators about the areas of their business they find to be the most challenging, and bookkeeping came up time and time repeatedly. It's not just because it's time-consuming, but due to the fact that bookkeeping is confusing--what information do you need to get, what documents should you provide to your accountant? ....should you employ an accountant?

And the problem persists when you increase. Creators ask whether they are required to charge taxes and how the tax burden changes based on where you live. There's a lot to learn, which is why we're trying to develop instruments that make taxation a breeze of your business.

  1. Easily generate the reports you require

It is now easy to review and create business reports using your Dashboard in order to keep your books in order.

Two important reports that you should examine on a regular basis for: Payments Report and Transactions Report.

• The Payouts Report is most helpful to reconcile your bank accounts to your bank statement so you know exactly how much money you're receiving. You can view your payouts overview in a glance and then export an CSV that contains all of the information like payments, refunds as well as processing charges.
• It is also helpful to look at the Order Transactions Report is also helpful in reconciling, you are able to quickly identify transactions that have been missing or get more info on an order. Download the necessary information and then take the necessary steps to fix this issue as soon as possible.

These reports are essential to reconcile your books, but they also allow you to stay on top of your books with an accurate measure of the business's performance. Get more details about these reports here.

  2. It is easy to accurately and quickly charge taxes

If you generate an amount of money selling your courses but you're not taxing this, it could cause problems. In the event that you're charging for taxes but are not considering student location and location, it could mean you are overpaying.

It's only the beginning. We will keep developing an integrated tax tool to simplify and streamline this aspect of your business.

  3. Integrate Quickbooks with Quickbooks

We spoke to the makers about taxes most of you informed us that Quickbooks is the best Accounting Software. We've put a lot of emphasis on this app integration so it can sync your payments to Quickbooks to ensure that your payment report will automatically be imported in Quickbooks on a daily basis.

This integration will allow you to minimize manual data entry, downloading and uploading huge CSVs, and many other tedious chores that you probably do not want to undertake. If you're using a different accounting software (like Zero or FreshBooks) be sure to keep your eyes peeled, we'll be working on further integrations over the course of next year.

Spend less time on payments

Payments are the hidden force behind selling your knowledge products. However, this aspect of your company is frequently ignored.

We've discovered that plenty of time and money can be saved when you've got a the right and simple payment base.

Do you for example, find yourself working a lot dealing with refunds or pauses in subscriptions? Do you often deal students' questions regarding their payment plans or recent transactions? If this resonates with you, then you're at the right spot.

With TCommerce you can now take payments and handle them all within (in other words, you don't need to use Stripe as well as PayPal). The process is much easier when you have a simpler procedure and the student's data is housed in one central place.

    One-click controls:    

Admin and student management can be made easier now that you are able to finish actions such as cancelling a credit card, with one click. Take into consideration if a student is seeking a refund. If they are paying through an outside processor you would pause the transaction within Stripe or PayPal, and then pause access to your course . With Payments, this action can be completed in one-click (this applies to any activities, including pausing or canceling student payments). Make it easier for admins to manage and streamline your life by having everything integrated.

2. Easily manage Memberships & Subscriptions payments:

We're thrilled to reveal that TCommerce also makes running your membership model foolproof. You can now pause or resume your subscription from the dashboard.

You can also automatically retry unsuccessful subscription transactions using Smart Retries to ensure you don't miss out on any sales. If your student's Pay Plans or subscription payment is unsuccessful, it is now able to automatically retry the card on your behalf 3 times (or you can manually retry the card on your own) and will record 50percent of the failed subscription transactions. Smart Retries is an important option for membership businesses that is often not talked about but can save you a lot of money.

        "I am awestruck by the fact that if I run into any problems regarding my payments, the Support Team is always ready to help. I feel fully supposed and grateful that everything is running smoothly."    

Mina Irfan The Universe Guru

Beginning using TCommerce

If you are in one of the eligible countries (US, Canada, UK) and want to begin, navigate to the Settings Tab on your account to sign up. Within five minutes, you will be migrated over to 's integrated payment processor and your checkout will be enhanced. You will also have immediate access to the other tools including order bumps as well as bookkeeping tools.

If you're still having queries that aren't addressed today please reach out to our support team, they will be more than happy to give you additional resources!

If you are outside of the eligible countries, rest secure that we'll expand as quickly as possible. If you're interested in getting early ahere.