It doesn’t matter if your storefront exists in the real world or the digital one, it needs to be optimized so you can take advantage of all the tools on offer to you so you can better collect the cash your business needs to run.
Your business? It’s nothing without a solid cashflow, and while the early days of business herald small profits, as long as you play your cards close to your chest and run your business in a conservative manner, those profits can build.
However, your profits will stall if you’re not efficient at collecting cash. You need to collect money from your customers if you are to experience any sort of success in business. What is a business without a cash register or a mobile credit card reader? Your customers might be a bit confused when you ask for payment but cannot process it.
If you’re building any kind of store, pay attention to this from Forbes:
“There are a few universal truths in retail: Sell good products that people want, merchandise them attractively and offer good customer service. But retail today is more about technology than theater, process not products. And when it comes to constructing a store, the digital blocks are more important in many ways than the physical bricks. It used to be that retailers would select a physical location and set about building from scratch or converting an existing facility to their needs. They added store fixtures, back-room organizational aids, point of sale systems, lighting, energy management and parking facilities. Each step can be unique to that brand and represents something of a digital add-on to the basic package of displaying merchandise and product information to online shoppers. Essentially, a retailer can in many cases flip a switch and “turn-on” a new feature when the time is right. Want to pull in product reviews? Consider it done. Create custom content? Done. Allow customers to share on social media? Done. Pull in curated social media posts that tag your brand? There’s a switch to flip for that too.”
Regardless of if your business is based in the physical world or digital world, it will still need to make use of internet tools. You need to respect the world wide web. Your concepts that find life with the power of the digital world are going to have an advantage.
Build a website that is optimized for customers and can handle a decent level of traffic, make sure it matches your brand and is capable of actually selling products via an online marketplace. Add payment options like PayPal to make it easier for your customers to check out and pay for their goods. Don’t be afraid to speak to web designers about advice or even hiring them for the job. It’s worth excelling here as with your physical store.
Collecting money is going to be the same across the board. Be polite, offer options and promote an enticing product to succeed!