Returns, loyalty programs, promotions, or compensation are all valid scenarios for awarding store credit. Retailers and e-commerce business owners use store credit to support their brand, increase customer satisfaction, and encourage repeat business. Below, we define the meaning of store credit and explore how to use store credit in your store to turn it into an effective game changer.
Think about the last time you wandered into a brick-and-mortar store. Have you ever noticed that complementary and similar things are listed right next to each other? The ketchup being next to the mustard is on purpose, and so are the little candy and trinkets placed at eye level right before you check out. In e-commerce stores, this could also manifest in the form of a coupon, deal, or last-minute saving right before your customers purchase.
Did you know that e-commerce reviews increase around 18% of sales of the business? If you are an e-commerce business owner, you are probably looking for ways to build trust and transparency with your customers. For that, you need to look closely into what your customers think about the product you are selling. And like any other progressive e-commerce business owner, these questions should pop into your head: Are they satisfied? Do they find it to be too expensive? How can I get their feedback? This is where product reviews come into the picture.
Website security is one of the most significant concerns for web developers. Google's reCAPTCHA is one of the leading defenders against bots for websites across the internet. When users find the captcha not working, they get frustrated because they can't access critical parts of your site until you resolve the issues. Understanding what reCAPTCHA is, how it works, and the most common reCAPTCHA errors helps make your site as accessible as possible.
The average bounce rate can range from 26% to 70%. This means, on the low end, one out of every four people leave your website in less than 10 seconds. One of the best ways to combat people leaving is a targeted splash page. But what exactly is a splash page, and how can it benefit your e-commerce business?
Many manufacturers, wholesale suppliers, and retailers require a minimum order quantity (MOQ). That means these businesses fulfill only such orders where a customer buys the minimum number of units or pays the minimum sum required under the seller’s MOQ policy. At first glance, it may seem that this restriction does not make sense. But let’s understand how MOQ generates a major net advantage for so many businesses and learn how to make MOQ work effectively.
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