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Building a profitable business is no easy task. After all, you can design your online shop to look and function the way you want it to, promote it across many channels and even drive a ton of traffic to it on a daily basis. But just because people visit your online store doesn’t mean they’ll actually buy anything.

In fact, it’s only after you have your shop up and running that the real work begins.

In that context, here are the best tips out there to help you skyrocket your ecommerce conversions so you can start generating more sales.

1. Start building trust.

Not everyone that visits your site is at the right stage of the buying cycle to convert. In fact, some may be visiting your site for the very first time and may be hesitant about making a purchase. That’s why establishing trust, in tiny increments, is the key to helping move those in the early stages of the buying cycle towards a decision to buy something.

New ConsenSys studio in Dublin will drive the future of Ethereum-based blockchain applications.

Up to 60 new jobs are to be created at blockchain player ConsenSys in a new Dublin innovation studio, which will open its doors in June.

ConsenSys is working to assemble a diverse team, and anticipates that it will have 60 people based in the Dublin studio within a year, with 70pc of the team being blockchain and full-stack engineers.

‘ConsenSys establishing a presence in Dublin is a big deal for Ireland’ Lory Kehoe

The innovation studio will be a multifunctional facility that will include a development lab, where engineers will build and deliver Ethereum-based blockchain platforms and products stemming from the company’s consulting arm, ConsenSys Solutions, as well as a centre for client collaboration.

Just 5pc of European companies are fully prepared for the General Data Protection Regulation (GDPR), according to recent research from business standards experts.

Over 1,800 respondents took part in the BSI Group study with participants from countries including Belgium, France, Germany, Ireland, Italy, Netherlands, Poland, Spain and the UK.

Despite almost all of respondents (97pc) acknowledging that next month's implementation of GDPR will affect their businesses, they are not fully prepared.

Meanwhile, one third of all respondents said that they are just over half way to compliance with the rules that come into effect on May 25.

AIB has secured an additional €122 million in new SME funding as part of its partnership with the Strategic Banking Corporation of Ireland (SBCI).

The funding is part of a special Brexit Loan Scheme designed to provide support to businesses to address the challenges posed by Brexit.

AIB has administered over €460 million in SBCI funding to Irish SMEs to date. Participation in this loan scheme forms part of a range of supports available to help our business customers impacted by Brexit.

New IE Domain Rules – March 2018 - The rules to register an IE domain are changing from mid-March, making it much easier to register. 

What is changing?

The need to show a ‘claim to the name’ when registering a new .ie domain will be removed from March 2018.  This will make registration of .IE domains much faster and easier.

You will, however, still need to prove their real connection to Ireland, and their identity, when applying for a .IE domain.