How to improve your checkout funnel for your eCommerce store
We all know that an eCommerce store’s checkout funnel is an essential part of the entire process. It determines how much money you will make, so it’s vital to get this right. But what do you need to do for your checkout funnel to be successful?
Well, many things can go wrong and ruin your chances of making more sales on your site.
Luckily, we have created five tips that will help improve your success rate with checkouts!
Why Improve Your Checkout Funnel?
If you are an online store owner, you should know that there are several ways to improve your conversion rate. Many factors can affect how much money you make with your eCommerce website.
Of course, the most critical part of your business is the checkout process. Since this is where you get paid, it’s indispensable that you improve your checkout funnel.
You need to improve your checkout funnel because it will benefit you financially. If you don’t invest in your checkout funnel, then there’s no way to improve your conversion rate.
How to Improve Your Sales Funnel For Your Online Store
Now that you know just how vital your checkout funnel is, it’s time to discuss how to improve it.
Fortunately, several factors will help improve the success of your eCommerce store. However, for these tips to work effectively, you need to keep them all together in one place.
Keeping all of these things under one roof is vital for improving your sales funnel. However, by simply separating these factors, you will create a checkout process that is solely focused on the customer’s experience.
First, it’s best to keep your checkout process simple. If you are using complicated designs with unnecessary features, then buyers will get confused.
Avoid creating a site that has too many colors or offers too much information on any single page. By keeping things simple, you are going to improve the success rate for your checkout funnel.
2) Get rid of long forms
If you want to improve your eCommerce site’s checkout process, it’s necessary to get rid of long forms.
The longer your form is, the less likely customers are going to fill them out. They don’t have the patience or time to take down that kind of information.
3) Don’t ask for too much information
When you are asking for too much personal information, then customers are going to get discouraged.
If you want to improve your success rate with checkouts, it’s best not to ask for too much data. This includes unnecessary details that have nothing to do with the sale.
4) Keep things as simple as possible
To improve your success rate with checkouts, it’s vital to keep everything as simple as possible.
This includes the information on your site and the checkout process itself. The fewer steps there are in your approach, the more likely buyers will complete their transactions.
You should also avoid using complicated payment methods since you are only going to scare away potential customers.
5) Offer discounts if necessary
If you want to improve your success rate with checkouts, you must offer discounts on certain products. Offering deals will increase the number of sales that you get on your site. So, don’t be afraid to provide deals even if it lowers your profit margin.
It would be best if you also considered offering Free Shipping on specific orders. This is another option that will help improve your checkout process for your eCommerce site.
6) Provide excellent customer service
If you want to improve your success rate with checkouts, then you must provide excellent customer service. By offering exceptional support services, customers will have a better experience when they buy from your store.
By improving the support you offer to users, there will be significantly fewer buyers abandoning their transactions. So, don’t hesitate to improve your customer service if you want to improve your success with checkouts.
7) Use easy to read fonts and font sizes
Finally, another critical factor that you need to consider is the fonts and font sizes.
For instance, it’s best to use large fonts for your calls-to-action (CTA). While it might be tempting to use small text because of the limited space on your site, this will hurt your sales.
Instead, you are better off using fonts that are easy to read on any screen size. By doing this, even more, potential customers will be able to see the CTA and buy from your store.
8) Create a sense of urgency
If you want to improve your success rate with checkouts, you must add a sense of urgency.
For instance, you can make customers feel like they need to buy from your store right away or lose out on this opportunity. This is going to increase the odds of them completing their transactions and buying from your store.
Include a countdown timer, special deals, and even time-sensitive offers that show how much they will miss out on if they don’t buy from you right now.
9) Make it possible for users to save their information
One of the best ways to improve the success rate with checkouts is by making it possible for users to save their information.
This means that they won’t have to enter their details multiple times when checking out, making the process much more convenient for them.
10) Make registration optional
Another critical tip to consider is making registration optional. While you are going to need this information if you want to complete a sale, most customers will be wary of giving out this information.
So instead, you are better off letting them use your site without registering or creating an account. Only ask for their details if they want to complete the transaction.
11) Accept multiple payments
This is especially important for large purchases. If you want to increase your success rate with checkouts, then you must accept multiple payment methods.
For instance, you should accept all major credit cards if possible. This way, buyers won’t need to use PayPal or another third-party service when completing their transactions on your site.
12) Make it known that you use SSL security
Another vital tip to consider is making it clear that your site uses secure and safe SSL encryption.
One of the main reasons why buyers abandon their transactions is because they’re worried about security issues. So by letting them know this information, they will feel more confident buying from your store.
You can also use SSL certificates to boost your credibility further. By following these steps, you will improve the success rate with checkouts for your eCommerce store.
13) Use quality pictures
Another tip to remember is to use high-quality pictures. If you want to improve your success rate with checkouts, you must use clear and appealing photos to show potential customers just what they are buying.
14) Include customer reviews
If you want to improve the success rate with checkouts for your store, you will need the help of customer reviews.
So if possible, include these on your site. This way, potential customers will know what other people are saying about your products before buying from you. They also won’t have to worry about making a wrong purchasing decision that might waste their money.
What To Avoid When Accepting Online Payments
When it comes to improving the success rate with checkouts for your eCommerce store, it’s essential to avoid making these mistakes.
If you don’t want to lose sales, you will need to know what not to do. Here are some of the most common mistakes that merchants make when accepting online payments.
1) Don’t make it difficult for customers to purchase from your store
One of the biggest mistakes that merchants make is making their transactions as complicated as possible.
For instance, they might force customers to register first or require them to spend too much time filling out forms. This will turn off many people, and you will lose sales because of this unnecessary step.
2) Don’t make your website confusing or complicated to navigate
Another common mistake that merchants make is making their websites too complex and confusing to use. This will create a poor user experience and might turn off many customers.
So not only does this hurt the success rate with checkouts for your eCommerce store, but it can also damage customer loyalty.
3) Don’t use complex payment types that customers don’t know about
Another mistake that merchants make is using too many payment methods.
While you will want to offer as many payment options as possible, there are some forms of transaction that your customers will never use or bother with. So if possible, avoid using these payment types.
4) Don’t leave your customers guessing about the status of their order
Another common mistake that many merchants make is not keeping their customers updated about the quality of their orders.
So when you have a lot of customers buying from your store, you need to send out informative and detailed updates. This will increase the success rate with checkouts and impress your customers and make them more likely to buy from you again.
5) Don’t offer an unsecured checkout process
If you want to improve the success rate with checkouts for your eCommerce store, then one thing that you cannot afford to do is provide an unsecured checkout page.
As many people are worried about giving out their details on the internet, offering a secure and safe payment option will make them feel more confident about buying from you.
So, by avoiding these mistakes, you can improve the success rate with checkouts for your eCommerce store and keep customers coming back.
Frequently Asked Questions
How can an eCommerce funnel be improved?
There are a few things that you can do to improve your eCommerce funnel. One of the best ways is to include a lot of high-quality photos on your website and provide customer reviews and detailed updates about the status of their orders.
How can I increase my funnel conversion rate?
You can increase your funnel conversion rate and get more people to buy from your store by avoiding these mistakes. So, keeping customers updated about the status of their orders and providing a secure checkout page will help improve the success rate with checkouts for your eCommerce store.
How do you optimize a sales funnel?
To optimize a sales funnel, you need to ensure that your website is easy to use and understand while also giving customers a reason to buy from you.
Last Thoughts
We hope this blog has helped you think about how to improve your checkout funnel. And don’t forget, we’re always here for any questions that come up as you work on improving your ecommerce store’s sales!
Contact us anytime with a question, concern or comment and our customer service team will be happy to help out.