The expert team at ebaystoredesign applauded for its custom eBay shop design across the entire ecommerce fraternity brings you a list of frequently asked questions that every buyer must read and know what are the pros and cons of payment gateways.

FAQ 1: Do rates and fees vary as I switch my payment methods? Fees and charges differ with payment gateways for example there is a difference between personal credit card, business card and PayPal. Ask the payment processor regarding the privileged use of the same.

FAQ 2: Do I enjoy low rate on my payment gateways? It is obvious for payment processor to lure you with low rates initially, but that low rate may be applicable to certain limit of amount transacted. Above certain transaction the rates and fees may differ.

FAQ 3: Why my payment processor charges me more? The chances of frauds are high when you deal online and hence to cover up the risk these payment processors raise their charges a bit. Check all the details before proceeding.

FAQ 4: Are there separate charges for payment gateways? Yes there are common charges taken for payment gateways per transaction. You have to pay gateway fees in certain percentage of the product prize taken.

FAQ 5: What if a transaction is cancelled? When a transaction gets cancelled most of the payment processor might return the money with minor deductions and many of them might charge an additional fees for refunding the same.

FAQ 6: What are the contract tenures between me and payment processor? Generally they are around 1 or 2 years, depending upon the payment processor company. They may also charge termination or cancellation fees.

FAQ 7: What is monthly fees/charge laid by payment processors? Payment processors take low upfront monthly fees, but there might be some hidden fees in the back days to come which you might not be informed or you may have overlooked it. These fees may be processing, funds transfer, statement fees etc. initially they may not charge you with such fees as a part of getting business from your side but later on they might add them.

FAQ 8: Are there any monthly charges for low volume transactions? YES! Many payment processors do charge certain amount if your monthly transaction is low than the predefined limit you agreed with them. But this may be the case with credit card holders not with accounts like PayPal while you deal on eBay.

FAQ 9: What support do I expect from my payment processor? An automated phone system or a no reply computer generated mail will not do enough to answer your queries. Hence ask for live support assistance. Today every one provides the same.

Selecting a payment processor is an acute responsibility and every processor has different rates and charges. Selection shall be based on perfect match of your business and the services provided by the payment processors.

The info based on payment processor was acknowledged by the expert eBay store designer and online marketing team of ebaystoredesign. The team is well versed in crafting fantastic custom eBay shop design that meets the requirements of every small and big seller online.

If you are looking for such an exemplary eBay store designer to carve out an outstanding eBay store than contact us today.

Your eBay Store Speed V/s ROI

Return on investment is not a new term but can give you headaches if miscalculated. So, every action that you take must be in accordance to the eBay online business environment and this rule applies to every online seller. You are not an exception.

You want believe that only 1second delay can costs millions of dollars to sales channels like eBay, Amazon, Bigcommerce etc. every year. A study has confirmed that eBay shop designs that load very slow result in a decrease in search volumes, high ratio of missed out buyers and revenue loss. Redesigned eBay stores design showed up with an increase in page views by 30% and increase in revenue by 15%.

Well, till now you might have come to know about probable impact of eBay store on your ROI.

Check out google page speed insights to analyze your listing page contents and overall performance of your store. It also provides suggestions to help your improve your store speed. You can also try yahoo, they give you a detailed summary of page components, stats and suggestions. Yahoo works on pre-defined or user defines set of rules to test the speed of a page.

Below given are simple tricks to make your store load fast: Read them and follow to get better result.

• Use image where they are absolutely required.
• Resize your image, if possible crop unnecessary parts.
• Use correct image format, like JPG & PNG for HD images.
• Avoid using BMP & TIFF file formats for images.
• Compress your image before using them
• Remove unnecessary space, line breaks & indentation in code.
• Compact Java script, HTML & CSS codes – It helps to load fast
• Optimize your Plugins, select scalable ones
• Always use plugins from reputed providers.

If you have already tried and tested the above ticks to improve your store speed and still not getting what you want the contact us for customized eBay shop designs & professional eBay listing templates that are specifically optimized to load faster than your competitor’s store.

Yes, loading time matters a lot be it a website or an eBay store.Keeping your visitor or buyer waiting can reap off your business and you too might be aware of the same fact. Eventually, online buyers tend to expect faster loading speed – according to a survey 40% of online buyers expect a store page to load in less than 3 seconds and out of that (40%) 15%expect to load the same in less a second. Now, you can calculate what sort of speed does the buyer expects when he is online ready to click your store link.

It is not only the speed, but an interactive shopping experience is also expected by the buyers. And it is not bad to expect such things from a genuine buyer on eBay, provided he/she must have smart eBay shop designs.

Well the key question is –What’s the buzz around improving your store speed?

There are numerous factors engaged with store speed but most important is to get noticed by the buyers instantly.

Your eBay Store Speed V/s Conversion Rate

It is obvious that you are on eBay to make money and your revenue depends on how a visitor is converted into a buyer. While designing an eBay store you focus on graphics, action buttons, colors etc. they do contribute to the conversion share. But if the store speed is slow then visitor will instantly abandon your store without noticing your grand extravaganza.

The first 5 seconds are the most crucial one when a visitor arrives at your store and these 5 seconds decide whether he will stay more or go away. Read some interesting facts on your eBay store speed and conversions.

• 3 in 10 people abandon your store if texts load fast & product image keep them waiting.

• More than 40% buyers including new visitors will not visit your store again due to speed problems.

• If mobile version of your store is loading slowly a massive 70% buyers will leave your store. That a big figure.

• If your product gets 1000 views in a month, than slow speed will decrease it to 400 & out of this 400 only half of them may buy or may be don’t buy. Hence your conversion may end up to 20% per month out of a 1000. These figures are destructive.

Read more interesting story like this in the upcoming part of the same post. If you are blown away from the figures and facts stated in this blog and think that your eBay store is doing the same way, you need an expert right away.

Contact us for customized eBay stores design & professional eBay listing templates that are specifically optimized to load faster than your competitor’s store.

Your curiosity to read the second part on having a perfect eBay listing template design to boost eBay store sales proves that you are in a desperate need of one. Don’t worry your timings are perfect. In the second half we will proceed further and learn how to practically improve conversion rates and importance of product description in a listing page design.

How to practically improve your online store Conversion Rates

You need to act immediately if 95 out of 100 buyers go away without making a purchase.

Have you calculated your conversion rates? Is it somewhere from 0.5% to 2%? let us study this with an example, say your conversion rate is roughly around 3%, this means 97 visitors out of 100 visitors visiting your listing page, go away without purchasing anything from you. Only 3 visitors get converted into real time buyers. What might be the probable reason for such a huge walk away? Reasons may vary from a poor listing design to product line and cost of the product that you are offering to the buyers.

First, figure out how many visitors have visited your eBay store listing page and find out how many visitors got converted into buyers and why? Ask them. Contact them personally or by mail. This will help you out why others fled. Well, if this big amount of visitors is flying away from your store too then what exactly is your conversion rate? Are you making online sales good or bad?

Let us see the most favorable reasons – why visitors abandon your eBay listings due to which your conversion rates get shattered.

Negative Feedbacks

Irremovable negative feedbacks without any reason will not only tarnish your online reputation but swallow your entire business. Potential buyers will read them and avoid you.

Higher product price

Low cost products fetch higher conversion rate than selling high price products. For example 4GB Pen Drive V/s Sony DSLR Camera. Conversions vary as the product and the product price varies.

Refunds

A buyer complains about the broken product that is shipped to him/her. But, you don’t entertain them or even bother to reply. This is totally annoying.

Shipping

It is the game changer. If the product doesn’t land in the stipulated hands you will have to pay from your pocket and get negative feedback from buyer as a bonus.

After Sales Service

Make sure that your customer services don’t give nightmares to the buyers. Reply to each and query immediately. Solving a query is secondary action, but a prompt reply is the primary one and shall be executed at once.

eBay Listing Template Design

Update your listings layout and interface if not attracting the buyers. Get professional’s help, research latest designs that are trending online.

Listing templates for eBay store is directly linked with your conversions. How? Well, an interactive store design with multi-functions will facilitate buyers to buy and buy more and ultimately drag loads of traffic on your store.

Read the upcoming part of the blog series to know more.

The story is a real life incident when one of our SEO experts “Michelle” was hunting online for a video game for her nephew. She ended up on a listing page of a Chinese dealer that was fully decorated with blinking, bold, underlined texts, tacky font styles, colors and cheap images. Michelle said she wouldn’t even identify the product offered by the seller. It was a total mess.

It was the filthy listing templates for eBay shop that urged Michelle to switch over a better option. We don’t want the same to happen with you. Read further.

Michelle came up with a brilliant idea of designing the most powerful eBay listing template design that will help eBay sellers to boost sales by giving higher conversions. Well, then what exactly our eBay listing template does? Read tips on how to boost sales using our eBay listing template design.

Conversion Rate: A brief understanding

eBay, similar to google has a search algorithm to decide how the products will appear in the search results when they are searched by potential buyers. The eBay algorithm is a combination of metrics that determines which products will be displayed. Study and selling experience of sellers overtime has revealed that conversion is one of the important metric that tends to rank your listings on top or nowhere.

What is Conversion Rate?

Let us see this through an example, say a 100 buyers clicks your listings in the search result but only 2 of them buys from you, so your conversion rate is 2%. EBay works on the same policy by putting highly searched listings on top that has equally high conversion rate. After all eBay is here to make money and why eBay would not place the highest selling items on top as such eBay earns from every sale every second.

How to calculate your conversion rate?

There are two ways to do the same:

Listing analytics application of eBay is a free app and can be googled for how to purpose, let us see the manual version.

As explained earlier, simply divide item sold by number of times listing viewed. For example, 10 item sold and 400 times the sold product listing is viewed, then conversion rate (10/400 = 0.025) is 2.5%. This way you can calculate your competitor’s conversion and measure where you stand.

Read the next part of this blog series where you will learn how to practically improve conversion rates, importance of product description and listing page designs.