How Cash On Delivery is beneficial for your business
As
a vendor,
you
must be fully aware of the risks of providing payment on delivery (generally
known as cash on delivery/COD) for your products/services; customers not having
the right change, customers denying to pay and so on ... But for lots of
shoppers, the decision of not entering their card details on a shopping website
is invaluable. In fact, a study shows that 40-50% of online transactions happen
via COD.
Why is COD extremely in demand? Well, there are some causes
not to pay by card;
- Buyers prefer not to use their cards when buying low-value purchases at an online retailer's website
- Lack of awareness/understanding or access to digital payment options
- When a customer orders for someone else and doesn’t want to pay for it
- Distrust towards retailers or the anxiety of unsecured payment gateways
Apparently,
cash on delivery on carrier services is directly linked to customer preference. So, how can you make the process as smooth, painless and secure
as possible?
Your
essential
companion in the cash on delivery process is the courier company, especially
for last-mile delivery. So, you will require to register with the carrier
company and become qualified for cash on delivery transmissions by
them.
Many
courier companies charge a small fee for “cash on delivery” items,
if you associate with ViaMe as a
vendor, we take on the entire responsibility of delivery. With our smooth
delivery service, all you require to do is to pack and keep your product ready
for pickup. A ViaMe the executive rider will pick it up from you and will ensure it gets delivered at
the right time to the right customer . Once the customer pays with cash for the
product, the money will be processed to your account at the defined time, as
per regular payment procedures.
Presume!
A hassle-free, time-saving "Cash on Delivery" option thus, you will
never lose a cash-friendly customer, who might become the most loyal customer;
since your next customer can become your best customer.
Sign
up
now as a vendor with ViaMe and
make "Cash on Delivery" as easy as pie.
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