As you progress through the year, you’ll want to set priorities and goals to ensure you boost ecommerce profits and set yourself up for success. And the latest tools and technology can help you do it. The more efficiently you work, the more time you’ll have to focus on increasing profits and growing your business.
The best news? The right tools are at your fingertips. Here are 10 free small business generators for online business success:
- Barcode generator
- Profit margin calculator
- GIF and graphic generator
- Return policy generator
- Privacy policy generator
- “About us” generator
- Domain name generator
- Small business loan calculator
- Terms and conditions policy generator
- CPM calculator
1. Barcode generator
One of the easiest ways to track and organize your inventory is through barcodes. Barcodes make scanning products easy for shipping and fulfillment, adding new items to your store, and physical inventory counts.
Use a barcode generator to take the guesswork out of this essential piece of inventory management. Enter your numeric code data into the tool to generate UPC, EAN13, CODE128, CODE39, and QR codes.
2. Profit margin calculator
To run a successful online store, you need to know your margins. Do you know your profitability? How much do you need to charge to increase your profits? While you might think you need an accountant to help you get this information, there’s a better place to start.
To use the profit margin calculator, enter key product information, including how much you paid for an item and the markup percentage you’ll sell it at in your online store. The tool will instantly calculate your profit and gross profit margins.
3. GIF and graphic generator
Let’s face it: You have competitors. But eye-catching GIFs and graphics can make your store and ads stand out. A free GIF and graphic generator can provide images and inspiration to help you communicate sales and other seasonal events.
There are no strings attached to the free images. You don’t need to add in a credit, and you can use them wherever you’d like. Use them in your ecommerce store, on social media, in marketing emails, or anywhere else you advertise your products.
4. Return policy generator
A clear, flexible return policy gives customers peace of mind that they can change their minds or purchase extra items risk-free. In many cases, it can reduce cart abandonment and encourage repeat purchases.
A 2023 survey found the top reasons customers return items were items not fitting, arriving defective or damaged, and not matching the description. Another source reported that 80% of consumers check return policies before buying. Keeping things free and flexible can encourage buyers to roll the dice on items they’re unsure about.
At the same time, your return policy should protect your business and store. So if you’re unsure where to start, consider a return policy generator. Submit your store’s information for a free return policy that you can customize to fit your brand and catalog.
5. Privacy policy generator
A global privacy and consumer trust report found that 68% of consumers are somewhat or very concerned about their online privacy. So it’s essential to keep their information private.
You also need to be transparent about how you collect their information, what you do with it, how you use it, and how you protect it. They want assurance that you aren’t going to misuse their information or drown them in spam.
To protect yourself, your online store, and your customers, you need to create a privacy policy and share it on your site. But you don’t need to hire a lawyer or jump through hoops to make it. Enter your information into a privacy policy generator to send a customizable privacy policy to your inbox.
6. ‘About us’ generator
When trying to stand apart from other ecommerce sites, your about-us page can play a significant role in attracting new customers and generating trust. People connect with people.
So use this page to share your story, background, experience, education, years in business, why you started your online store, and any number of other unique details.
If you’re not sure where to start — or want to refresh your current about-us page — submit your information to an about-us generator. You’ll get a free template emailed to you that you can edit and customize to reflect your company and values.
7. Domain name generator
If you’re creating a new online store this year, you’ll need a domain name. Simplify this step and get online faster with a business domain name generator. All you have to do is enter your business name and select your industry to see available domain names.
8. Small business loan calculator
To get your ecommerce store off the ground, you may need to take out a small business loan. The Small Business Administration (SBA) issues nearly $34 billion in loans. But only half of SBA loans get approved.
Whether you’re looking for an SBA loan or alternative funding specifically for ecommerce sellers, understanding your financial needs and how a loan will impact cash flow will be essential for loan approval.
A small business loan calculator can estimate how much it will cost to take out a loan. Enter your ideal loan amount and annual interest rate (7% for fixed-rate and 7.90% for variable-rate loans in 2023).
Then enter the length of the loan agreement and any extra amount you plan each month to calculate a monthly payment. Adjust each figure to find a monthly payment that works for you.
9. Terms and conditions policy generator
You need to post a terms and conditions page on your ecommerce website to ensure you limit your online store’s liability, protect your intellectual property, and ensure your users and customers comply with your site’s terms.
While this is an important document to put on your website, you don’t need a lawyer to create it for you. A terms and conditions policy generator can quickly deliver a customizable policy for your ecommerce store.
10. CPM Calculator
If you’re investing a lot of money into marketing your ecommerce store, you need to measure the cost per thousand or cost per mile (CPM). This common marketing and ecommerce metric calculates the cost per thousand impressions for your ad campaigns.
Enter the total number of impressions you received for a given ad and the total cost of your ad campaign. So far, the average CPM rate for Meta (Facebook and Instagram) is $7.62. TikTok is $4.23, YouTube is $4.06, Google Display is $2.83, and X is $1.36. Revisit this calculator each time you complete a new campaign.
Grow your online business and simplify ecommerce with Webgility and Volusion
The right tools are essential to success in 2024. If you’re ready to expand your business from the Amazon- or Etsy-only model, Volusion is an ecommerce website builder with everything you need.
Create your store using free, responsive themes to fit your brand. Customize page layouts with drag-and-drop blocks and include photos, videos, and slideshows to make your products pop.
Built-in SEO, social media management, and newsletter tools help you take a cross-channel approach to selling.
When you’re ready to connect your marketplace accounts, custom website, point-of-sale system, shipping platform, and more to QuickBooks, let Webgility’s real-time accounting automation do the heavy lifting.
Easily sync order details, refunds, taxes, fees, and other ecommerce data from your online store into your QuickBooks account as often as every 15 minutes.
Save precious time, reconcile faster, and avoid costly mistakes by eliminating manual data entry. Cloud automation has helped Webgility customers grow by two sales channels and increase order volumes, on average, 756% after the first year.