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3 Things Every Small ISO Needs in 2023

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Manage episode 354142607 series 3001711
Content provided by Merchant Sales Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Merchant Sales Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
There are three things small ISOs should be looking for as they attempt to scale their business. This edition of the Merchant Sales Insight is sponsored by Maverick Payments. I believe they do a great job of providing all three of these things to small ISOs. 1. Every small ISO needs a technology focus. You need to offer great technology solutions, but you need to focus those solutions to a specific vertical or specific segment of the market. 2. Small ISOs need to avoid opportunity cost. You must feel confident in the ability of your upstream processor to take on the operational processes, such as underwriting and deployment. Then you can focus on sales. 3. Brand equity and brand focus are crucial to success as you seek to build momentum with your target audience. This means your logo should be prominently displayed throughout the merchant experience.
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733 episodes

Artwork
iconShare
 
Manage episode 354142607 series 3001711
Content provided by Merchant Sales Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Merchant Sales Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
There are three things small ISOs should be looking for as they attempt to scale their business. This edition of the Merchant Sales Insight is sponsored by Maverick Payments. I believe they do a great job of providing all three of these things to small ISOs. 1. Every small ISO needs a technology focus. You need to offer great technology solutions, but you need to focus those solutions to a specific vertical or specific segment of the market. 2. Small ISOs need to avoid opportunity cost. You must feel confident in the ability of your upstream processor to take on the operational processes, such as underwriting and deployment. Then you can focus on sales. 3. Brand equity and brand focus are crucial to success as you seek to build momentum with your target audience. This means your logo should be prominently displayed throughout the merchant experience.
  continue reading

733 episodes

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