Independent businesses need to improve their payment technology to boost Black Friday sales this year.
Last year, online sales were on the up across Black Friday and Cyber Monday. £6.45bn was spent over the week, leading to an estimated £7bn spend this year.
On Black Friday itself, £1.23bn was spent online, an increase of 12.2% on the previous year. This was due to an increase in the number of visitors to e-commerce websites on the day.
Bargain hunting shoppers are seeking out discounted products earlier each year. Last year, online sales in the four days leading up to Black Friday showed sales growth increases of up to 33%.
This year, online retail giants such as Amazon, Argos and Tesco are attempting to increase sales by starting their discounts early. Amazon are running promotions over ten days, starting as early as the 17th November.
When shopping for bargain buys, the most discounted items can sell out in seconds. To avoid customer frustration, installing fast and reliable payment technology is key to improving shopper experience.
You may think that online payment technology costs a fortune, but you’d be mistaken! Handepay provide cost-effective payment solutions for independent businesses, allowing you to compete with big online stores.
Setting up is easy, with our dedicated integration and technical support from our UK-based team. With prices starting from just £9.99 per month, upgrading your payment technology and selling online is more affordable than ever!
Talk to one of our friendly advisors today, and find out how you can improve your online payment technology in time for Black Friday!