Smart Ways For Smart Checkouts For eCommerce Stores

Every eCommerce merchant shares the same end goal: to boost revenue. But do you know the most important metric that boosts revenue? It is the conversion rate at the checkout process.

This is the page where actual conversion happens, and if you fail to satisfy here, you almost lose thousands of dollars. Even a 1% increase in the conversion rate, results in the addition of thousands of dollars to your business.

It would be surprising to know that 68.07% of cart abandonment occurs while shopping online! Today, people are comfortable spending $1.2 million every 30 seconds for shopping online without completing the checkout.

A bitter experience at the checkout process is the story of every eCommerce store and also the main reason for cart-abandonment.

This content is the ladder to streamline the checkout process. Know, how?

Collect and verify Address:

It is of vital importance to verify the customers’ addresses. If the merchant makes even a single typographic error in mentioning the house address, your customer may never receive the parcel.

You can send an instant verification of address email so that if any mistake found can be rectified before the purchase right there. You can also install address verification service that will automatically generate address suggestions.

Reduce fraud by improving data security:

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You can install Signifyd for financially securing the product data and avoiding any suspicious purchase. It identifies the real customer and eliminates fraud and the need for manual review very quickly.

Provide accurate information for Tax compilation:

You can include a solution named Vertex to calculate the exact cost of a customer’s purchase on the store. It has the capacity to apply local tax rates.

Offer flexible payment options:

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The customer always wants to pay in their desired payment option. You can offer them the option like Amazon Pay that will streamline the checkout process.

Build a cloud-based platform:

Even a second of delay in page loading can cost you 7% in conversion. If you plan a store on Magento eCommerce development platform you can provide them with a seamless experience and also improves the overall infrastructure of the store.

Accept secured card payments:

Though thousands of people shop online every single second, they fear to share the financial information on the site at first.

Store owners can offer the customers’ with a choice to delay the payment until their products arrive, provide them with secure payment brands so that they do not give their shopping experience, a second thought

You can reach out to some of the best Magento eCommerce development company and grab the best deal of advantages. Have a happy checkout!