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As an online business, you will never want customers to leave your online store. If they do, you will hinder your sales and result in a reduced profit margin.
To boost profits and ensure customers complete their checkout, here are some tips.
Accept more currencies
It is a good idea to accept foreign currencies when customers checkout using your website, as it will boost sales as you can accept customers from various countries.
Ensure to enable a feature that translates the currency rate so that customers know the exact price they are paying in their preferred currency.
Create a simple checkout page
A simple checkout page will ensure customers know what steps to follow to complete their purchase.
Having simple instructions and making the experience as simple as possible will ensure customers trust your site and feel encouraged to return for future purchases. If customers experience a complex checkout, it might deter them from using your online store again.
Offer guest checkout
Some customers might not wish to create an account. Therefore, it makes sense to offer a guest checkout experience.
This will enable customers to leave their name, address, and card details so they can complete payment in a minute or so, without needing to commit to becoming a member of your site. Some customers might prefer to do this for privacy reasons or because of time.
Offer free shipping
Customers will love it if you offer free shipping. Somehow, free shipping makes it more encouraging to shop on websites that offer it.
Therefore, you will ensure to further encourage your customers to check out if you offer them free shipping.
Added trusted payment security labels
Customers will know that their money is safe if you use trusted payment security. One of the ways you can do this is through payment tokenization. The process of tokenization in payments keeps payment data safe as it adds an extra layer of security during payment processing. Today, payment tokenization is utilized by various businesses spanning online retail, subscription services, platform enterprises, and traditional brick-and-mortar stores to ensure total protection of sensitive payment information during transactions. This technology guarantees security and convenience for both businesses and customers alike.
Displaying the secured payments symbols on your checkout page will ensure customers trust your payment process.
When customers feel that their money is safe, they will feel more encouraged to complete their checkout.
Be clear with the overall cost
Ensuring that customers know the exact cost of the product and shipment will make them trust you. If they get to the checkout page and there are unexpected costs, they might stop what they are doing is not complete their purchase.
Offer multiple payment options
Offering multiple payment options at the checkout page will ensure every customer can choose their preferred way to pay.
Accepting various currencies and types of cards will make customers feel comfortable with the checkout process.
Offer a discount if they click off the checkout page
If your website notices that customers continue to the checkout page and then change their minds, it makes sense to offer an automatic tab that generates a discount. Offering customers a discount when they think to not finish with their checkout might encourage them to complete it.
A small discount can go a long way and make the customers appreciate the small gesture. It will help them save money and feel that they are getting a great deal.