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Prisync Blog: How to Improve Your E-Commerce Payment Usability

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Prisync Blog: How to Improve Your E-Commerce Payment Usability

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One of the first things to do in e-commerce is finding customers and getting them to buy.
But what if the payment process is badly designed?
In this presentation, we’ll show you how you can improve your e-commerce checkout page usability.

One of the first things to do in e-commerce is finding customers and getting them to buy.
But what if the payment process is badly designed?
In this presentation, we’ll show you how you can improve your e-commerce checkout page usability.

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Prisync Blog: How to Improve Your E-Commerce Payment Usability

  1. 1. COMPETITOR  PRICE  TRACKER   TITLE:   How  To  Improve  Your  E-­‐Commerce   Payment  Usability  In  Weeks   link:   h"ps://blog.prisync.com/how-­‐to-­‐improve-­‐your-­‐e-­‐commerce-­‐payment-­‐usability-­‐in-­‐weeks/  
  2. 2. One  of  the  first  things     to  do  in  e-­‐commerce  is     finding  customers     and  geAng  them     to  buy.       But  what  if  the  payment  process  is     badly  designed?     In  this  presentaDon,  we’ll  show  you  how     you  can  improve  your  e-­‐commerce     checkout  page  usability.
  3. 3. The  average  online     shopping  cart     abandonment  rate     is  68,63%.   People  abandon  their  carts  mostly  because     they  are  just  comparing  prices  online,  but     StaDsta’s  research  shows  that  24%  of  online     buyers  don’t  complete  the  purchase  process,     because  they  get  distracted  and  for  21%     checkout  process  takes  too  long.     Good  news  is  that  you  may  improve     your  payments  to  make  customers  love  you.    
  4. 4. Reduce  the  number     of  steps   That’s  one  of  the  basics  (yet  very  effecDve),     but  sDll  a  lot  of  merchants  forget  about  it.   Reducing  the  number  of  steps  required  in     transacDon  may  boost  your     conversion  instantly.   To  process  credit  card  payments  you  need  only:   •Credit  or  debit  card  number   •Credit  card  expiraDon  date:  MM  /  YY   •CVV
  5. 5. Design  for     your  users   Well-­‐designed  checkout  is  not  only     about  the  number  of  steps,  but  also     it  should  fit  into  your  website’s  layout.     SomeDmes  it  needs  a  Dny  change  to  add,     but  it  can  make  a  huge  difference.   When  the  checkout  looks  like  it  belongs  to  the     site,  it  tells  users  that  they  can  trust  you.  
  6. 6. Display  familiar     logos   When  visitors  see  logos  for  accepted     payment  methods,  they  don’t  have  to     consider  whether  their  cards  are     accepted  or  not.     They  don’t  either  need  to  decide  which  card     they  need  to  choose  –  you  can  show  automaDcally     the  relevant  logo  when  a  customer  starts  to  type     in  his/her  card  number  (e.g.  Visa  always  starts   with  4,  MasterCard  with  5,  etc.).
  7. 7. Auto-­‐completed     form  fields   It’s  surprising  how  many  merchants  ask     for  informaDon  that  they  can  deduce.   Keep  in  mind  that  every  extra  input     means  lower  conversion.     To  make  your  payment  process  quick  and     easy,  you  can  use  autocomplete  wherever     possible  (e.g.  pre-­‐fill  the  fields  with  a  city     name  and  state  by  using  geo-­‐targeDng  or     try  to  detect  your  customer’s  state  from     their  ZIP  code).  
  8. 8. Show  clear  error     indicators   With  error  indicators  you  can  show     customers  exactly  which  fields  are     incorrect  and  what  should  be  entered  in.   Give  users  a  clear  soluDon  to  help  them     easily  understand  what’s  wrong.  Otherwise,     they  are  more  likely  to  abandon  their  cart  at     checkout.   Also,  provide  descripDons  next  to  each  field     to  tell  customers  what  should  be  typed  in.     Go  even  a  step  further  and  show  in  the  input     secDon  what  should  be  wriaen  into  a  field.  
  9. 9. Don’t  hide  the     price   Your  customers  should  know  how  much     they’ll  pay  for  the  product,  including  the     shipping  and  all  extra  costs.   Surprises  are  great,  but  not  when  they  come     with  unexpected  costs.     You  can,  for  example,  show  the  overall   price  on  the  payment  buaon.  
  10. 10. Use  clear  call  to     acLon   Speaking  of  buaons,  use  a  clear  message     on  them  to  be  sure  that  people  understand     what  exactly  will  happen  when     they  click  on  it.   Keep  it  simple,  there’s  no  need  to  use     some  creaDve  forms.  
  11. 11. In  short,  meet  your   customer’s  needs.   There’s  nothing  beaer  for  online  buyers   than  a  smooth  checkout  flow,  which  lets     them  buy  with  ease.   All  you  need  to  do  is  to  make  a  payment     process  as  simple  as  possible  and  online     shoppers  will  be  more  willing  to  buy     on  your  website  and  to  return  to  your  online  store.    
  12. 12. COMPETITOR  PRICE  TRACKER   Enjoy  more  e-­‐commerce  Lps  on   Prisync’s  E-­‐Commerce  Blog!   Visit  blog.prisync.com!   Subscribe  to  our  weekly  newsle5er!  
  13. 13. BONUS:   COMPETITOR   PRICE     TRACKING   IT’S  A  MUST!   %2  of  online  prices  change  on  a  daily  basis.   Be,er  get  automated.   email  alerts,  API  integra;ons  etc.   Solid  ROI!   sales  and  profit  boost  for  affordable  monthly  fees.  
  14. 14. THANKS  FOR   WATCHING!  :)   WE              E-­‐COMMERCE!   If  you  want  to  track  your   compeAtor  prices  automaAcally,   VISIT  PRISYNC.COM  AND,   TRY  PRISYNC  FOR  FREE     FOR  14  DAYS  NOW!

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