“Setting up an ecommerce business is super-easy.”

“When starting an online business, people do not have to worry about utility costs or incur any damages in case of a natural disaster.”

“Running an online business does not require any significant monetary or non-monetary efforts.”

Established ecommerce business owners know that all these opinions about online businesses are nothing but myths. While setting up an online store does have the potential to be less stressful than starting a brick-and-mortar store, it will still take quite a bit of effort on your behalf to ensure its success.

Starting and running an ecommerce store tends to be less costly, but attracting leads to generate revenue is not as easy as people would have you believe. It will take a great deal of effort to attract consumers to your website. Then there’s the fact that not all business websites who are able to generate significant traffic know how to turn those online visitors into something even more important: Purchasers. 

Succeeding in the competitive digital corporate world.

It takes a smart approach and a unique strategy to stand out in the highly competitive digital space. Below are a few things you should be aware of before you venture into the world of ecommerce. 

SEO is king.

The fundamental formula to succeed in the ecommerce world – Search Engine Optimization. SEO is the king and serves as the basic foundation for the success of every online business. The higher you appear in the Search Engine Result Pages (SERPs), the easier it will be to increase your online sales. 

SEO extends to the structure of your website itself, the responsiveness of its design, the usage of keywords, properly placed and structured calls-to-action, page loading speeds, and several other factors.

SEO also plays a part in local searches. Every ecommerce business owner needs to incorporate both global and local SEO tactics to boost the traffic to their stores.

Accepting multiple payment methods.

No surprise here; the world is rapidly adapting to the concept of cashless payments. Electronic payments and credit/debit card payments are increasing in popularity. While it’s important to offer as many payment methods as possible, any ecommerce business owner wishing to succeed in this digital era needs to start accepting electronic and card payments.

You want to partner with a credit card processor that can incorporate in-person payments with ecommerce solutions like access to virtual terminals in order to increase your online sales. 

Enhanced safety and security.

When it comes to ecommerce shops, one of the major concerns of consumers is the safety and security on the websites they frequent. The rise of technology has simplified the checkout process, but it’s also exposed consumers to issues such as cybertheft, hacking, and fraud.

As a result, some customers may be skeptical about providing sensitive card details on your website. To provide consumers a safe and well-protected environment, you’ll want to make sure your website is PCI compliant. PCI Plus by North American Bancard is a great way to simplify the PCI compliance process and limit your exposure to liability in the event of a data breach.  

Another way you can ensure that sensitive customer data is safe from cybercriminals is by getting an SSL certificate for your website. SSL certification helps you protect sensitive data. Without an SSL certification, an ecommerce store might be putting their customers at risk.

Finally, make sure that your online store is a perfect reflection of your products or services, aligning with your story

While there are a number of other ways you as an ecommerce business owner can ensure the success of your online business, the aforementioned are the most critical. We hope these tips will help you gain a firm footing in the competitive ecommerce world.

Contact NAB today and see how easy it is to get the merchant services you deserve.


Share it.

LinkedIn