Four tips to adapt your business to high sales peaks
Posted: Mon Dec 23, 2024 8:52 am
As the retail sector approaches its busiest quarter of the year, it is more important than ever to adapt the business to handle the large avalanches of purchases , both online and in-store, during peak sales campaigns such as Black Friday, Cyber Monday and Christmas itself, both in terms of stability and security, as well as scalability. To make this possible, brands must ensure that payments are made at all times by selecting the right partner.
That is why companies like Adyen are constantly working on preparing their products throughout the year. We adapt to the demands of the market on an ongoing basis and with a long-term vision, since we have a platform with a very broad customer base that comes from all over the world.
For Adyen, a date like Black Friday is just another day, like the start of sales, Christmas or Singles Day, among others. Even so, it is important to adapt to customers and that is why we increase the resources of the teams that monitor the platform, also adapting the launch plans and deployment of codes in production, with special emphasis on monitoring to ensure that everything goes well. What is achieved in this way is that businesses do not have to worry and that payments occur as normal. This happens both in store and in e-commerce because everything happens on a single platform.
Here are our four key tips to help you give me phone numbers adapt your business to the sales peaks ahead of the big campaigns in the coming months:
1. Personalize your buyers' shopping experience
The main advantage of customizing checkout for a brand is to provide end-buyers with a simpler payment experience, which will translate into a happier consumer who is more likely to convert. This results in a process with fewer clicks and a faster one overall.
When it comes to paying, to improve the shopping experience of consumers and achieve a closer and more direct relationship with them, you should avoid redirecting them to another external website and offer them a personalized platform where they can enter their payment details so that the purchasing process is as simple as possible.
2. Offer multiple payment methods
Payment methods vary widely in each country, and in Europe in particular the landscape is very fragmented. In addition, the ideal payment method depends greatly on the type of business. It is not the same for a business that sells physical products and has a high sales volume as it is for a subscription-based business model, which will require its method to support recurring payments.
Offering multiple payment methods is therefore key to ensuring sales and the success of your business, but also understanding the type of business and the consumer in order to carry out a detailed analysis by market and observe what makes sense in each case.
That is why companies like Adyen are constantly working on preparing their products throughout the year. We adapt to the demands of the market on an ongoing basis and with a long-term vision, since we have a platform with a very broad customer base that comes from all over the world.
For Adyen, a date like Black Friday is just another day, like the start of sales, Christmas or Singles Day, among others. Even so, it is important to adapt to customers and that is why we increase the resources of the teams that monitor the platform, also adapting the launch plans and deployment of codes in production, with special emphasis on monitoring to ensure that everything goes well. What is achieved in this way is that businesses do not have to worry and that payments occur as normal. This happens both in store and in e-commerce because everything happens on a single platform.
Here are our four key tips to help you give me phone numbers adapt your business to the sales peaks ahead of the big campaigns in the coming months:
1. Personalize your buyers' shopping experience
The main advantage of customizing checkout for a brand is to provide end-buyers with a simpler payment experience, which will translate into a happier consumer who is more likely to convert. This results in a process with fewer clicks and a faster one overall.
When it comes to paying, to improve the shopping experience of consumers and achieve a closer and more direct relationship with them, you should avoid redirecting them to another external website and offer them a personalized platform where they can enter their payment details so that the purchasing process is as simple as possible.
2. Offer multiple payment methods
Payment methods vary widely in each country, and in Europe in particular the landscape is very fragmented. In addition, the ideal payment method depends greatly on the type of business. It is not the same for a business that sells physical products and has a high sales volume as it is for a subscription-based business model, which will require its method to support recurring payments.
Offering multiple payment methods is therefore key to ensuring sales and the success of your business, but also understanding the type of business and the consumer in order to carry out a detailed analysis by market and observe what makes sense in each case.