Crucial Factors That Determine Whether Your Online Business Is a Hit or a Miss

Online shopping has cut down all the need of standing in long queues and waiting for a cashier to process your payments. There is no better thing than saying no to the extra hassle of visiting the jam-packed in-store locations to purchase things. Online businesses can provide much cheaper deals and better prices to the customers ensuring their comfort and affordability.

If you look around, thousands of people have commenced their start-ups under their roofs and made their way through marketing and selling using social media platforms. This widespread technology enabled them to increase their sales attracting more and more customers every single day.

But what good are these platforms if they do not boost the consumer experience and customer loyalty towards their business? There are very critical factors that determine such relation of the shoppers with their e-commerce businesses.

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#1. Enhance Reliability for Buyers

No one would prefer to shop from such businesses where customers do not have clarity and a bunch of features that could facilitate them. These can include the product value, various payment methods, navigation through the app or website, and so much more.

The reliability of your buyers would greatly depend on all such factors. Online businesses should give the customers more control rather than letting the store’s inventory dictate what they should buy and whatnot.

#2. Offer Great User Experience

Customers love a great user experience. Pooling in buyers isn’t an easy task, let alone channeling the whole customer traffic to the desired action. Think for a while about what anyone sitting in the comfort of their home would expect through the online shopping portals.

Once they are done shopping, the only thing that would essentially matter to them would be the payment methods. No one carries an extensive amount of cash inside the home and not everyone has a debit or credit card considering the eligibility criteria required for those.

#3. Provide Online Mobile Payment Options

This is where consumer convenience would matter the most and can be a deciding factor for many. Millions of customers are shopping through their smartphones where they expect to complete the purchase without any extra or minimal effort. Optimizing the UX is a key to making your e-commerce business a hit where people would drool over the services you offer.

Many businesses, keeping into consideration this respective problem, launched their online business portals with multiple payment options for the buyers. Cash on delivery and paying through credit/debit cards don’t come at everyone’s ease, this is where they introduced payments via prepaid cards.

Prepaid cards are reloadable debit cards that you can use to purchase things online and in-store. All you need to do is link your prepaid card to the bank accounts, which can also be done using online mobile financial platforms.

Prepaid card to cash app is one of the greatest examples where Cash App allows its users to link the bank account or credit card to the Cash App account. Additionally, you can also link your Visa, MasterCard credit, Discover, or debit cards to the Cash App account and use them for various purchases.

One of the other factors that make businesses a hit or a miss is transparency. Businesses should make sure that their online buyers are getting as much customer care as possible. What matters here is how conveniently are your shoppers getting in touch with the customer support service.

#4. Transparency is The Key – Employee Portals

Transparency not only fits the buyers but also the personal staff as well. Every single employee of your company should be able to get in contact with their authority to resolve any associated problems. To ensure this, your contact information must be visible right on your website where people won’t have to navigate for long stretches of hours.

Reliable employee portals are another example used by convenience stores around the globe. This not only builds the trust of the staff but also eliminates the need of paying physical visits to the store administrator every single time.

Additionally, it would be best for online businesses to use organic social media traffic to increase their sales. Moreover, keeping the track of SEO and algorithm updates to see how frequently users can see your platform online can really help you boost the business.

Francis Nwokike

Francis Nwokike is the Founder and Chief Editor of The Total Entrepreneurs. A Social Entrepreneur and experienced Disaster Manager. He loves researching and discussing business trends and providing startups with valuable insights into running a profitable business. He created TTE to share ideas and tips to help entrepreneurs run and grow their businesses.