Posts tagged with "transactions"

Dallas Stars Acquire Jamie Oleksiak From Penguins

By Reid Urban

The Dallas Stars have decided to bring back a familiar name.

The Stars have reacquired Jamie Oleksiak from the Pittsburgh Penguins in exchange for a 2019 fourth-round pick. This news also comes with the latest announcement from the Stars that Marc Methot will undergo season-ending left knee surgery, so Oleksiak is likely to take Methot’s place in the lineup

What’s interesting about this trade is that the fourth-round pick Dallas is sending back was the same one that Pittsburgh sent to Dallas to acquire Oleksiak last season.

It seems certain that Oleksiak will be in the lineup for the Stars on Wednesday when they play the Buffalo Sabres.

Is It Time to Revamp Your Ecommerce Store?

The fact that technology never stops evolving is a double-edged sword. Innovations have allowed ecommerce merchants to sell to consumers via mobile devices, personalize product recommendations, and accept a flexible variety of payment gateways—all of which help strengthen bottom lines.

The flip side of this is the effort required to keep up with the latest advances. Just when you feel you’ve implemented a new tool or tweaked your website for the better, a new trend emerges.

As a result, the answer to the question “Is it time to revamp my ecommerce store?” is almost always yes. There’s always something you can do to improve your methods of doing business.

User Experience Is Key

First, consider your user experience (UX). When people visit your website, can they find what they need without hassle? Are you facilitating smooth forward and backward navigation? Are there any changes you can make to your layout or menu options to help speed up the customer’s journey?

Conduct an audit on your own website, paying close attention to navigation and design. Analyze visitor behavioral data to see where people are dropping out of your sales funnel—then turn to your website to see why that might be. Any hiccups or hurdles customers are experiencing may be enough to cause them to abandon their efforts, so this is a chance to eliminate friction and improve the overall UX.

While the simplest ecommerce definition is “conducting transactions online”, merchants must be aware of all of the processes that must occur before customers are ready to click “Confirm Purchase.” Only then do they take advantage of the opportunity to optimize the purchasing journey from start to finish.

Said simply, it’s always a good time to refine your UX.

Optimize Checkout to Reduce Cart Abandonment

It’s incredibly frustrating to discover how many consumers put items in shopping carts only to abandon the checkout process before completion. Shopping cart abandonment hovers somewhere around 70 percent these days. If your shoppers are bailing out before making a purchase, take a closer look at why they may be doing so to improve your site.

According to one survey, here are a handful of the top reasons for abandonment during checkout:

– Website required users to create an account (35 percent)
– The checkout process was too long or complicated (27 percent)
– Customers could not see or calculate their costs up front (24 percent)
– The merchant did not accept enough payment methods (8 percent)

The best ecommerce checkout processes are simple and flexible. Allow customers to check out as guests instead of scaring them off by requiring account creation. Show consumers where they are in the process with a progress bar. Be transparent with costs early in the process. Integrate a variety of secure, flexible payment methods with your platform so customers can conduct transactions their way.

Update Your Site Design

Website design has more to do with your bottom line than you may think. You want your web store to look great—perpetuating your brand personality—while also remaining highly functional. For example, fast loading is non-negotiable, as load times over a few seconds start to deter customers, especially on mobile.

Is it time to revamp your ecommerce store? Yes. But don’t panic yet. If you keep abreast of the latest trends and best practices, you’ll only have to make small tweaks as you go.

AIDCOIN

AidCoin is empowered by CharityStars, a leading fundraising platform in the nonprofit sector. CharityStars has been providing innovative solutions to fundraising and donations since 2013 and are now trailblazing the sector by incorporating AidCoin, which will see the introduction of a suite of transparency solutions through blockchain technology and cryptocurrencies. This innovative advance comes at a crucial time when moral is low within the sector and marks CharityStars as outliers leading the future of the sector.

Many experts believe that blockchain technology has the potential to restore confidence and public trust in the charity sector, given that trust in charities has fallen to its lowest level since 2005. Public sentiment reveals that over half of the general public are skeptical about donating to charities and donors are increasingly demanding accountability for where their funds are going.

By using blockchain technology to track transactions, cryptocurrencies to transfer funds and smart contracts to ensure donations are spent correctly, CharityStars aims to introduce a new layer of transparency, traceability, enabling a better connection and increased trust between the donor and recipient, which in turn will help charities to raise more money.

Co-founder and CEO Francesco Nazari Fusetti has extensive experience in the charity sector and the issues it faces, having conducted high profile auctions and raised millions for charities across the globe. CharityStars have raised over $10M USD to date, for charitable causes such as WWF, Save the Children, The Special Olympics and Unicef