Bill Me Later Payment Increases Average Order Value

bill-me-later14-08-2009-11-14-33If you are looking to increase your average order value in your store, then providing alternative payments, like for example, “Bill Me Later“, can help. A recent study from Orvis.com showed a positive impact of using “Bill Me Later” on average order value. While credit card customers’ average order value is around $150, Bill Me Later customers’ AOV is $175. And customers who opt for Bill Me Later’s 90 day same-as-cash option, spend $400.

This scheme is only available for U.S. stores. Bill Me Later is offering this service for small and large merchants.

To become a Bill Me Later merchant, you need the following:

  • 12 months previous financial data as it relates to your B2C and B2B ecommerce websites, call centers and brick and mortar stores. This includes annual volumes and average order values.
  • Chargeback and return rates
  • Technical information such as bankcard processor, 3rd party gateways, and ecommerce sales platform provider
  • Affiliate provider information (If Applicable)
  • Knowledge if your company is the merchant of record
Jan Petrovic
I have 9 Years of Tremendous Experience as web analyst and Senior Conversion Specialist. I have worked on optimisation project for the second-largest store retailer in the USA (the company is also a component of the S&P 500 Index), as well as for a well-known USA fashion retailer with over 380 stores nationwide. Over the course of my career I have achieved many INSANE improvements on our client’s websites, sometimes by applying best practices, another time from findings I made during conversion audits and sometimes thinking out of the box. For one of them I have even received an award in 2012 from WhichTestOne, where after testing different emails and parts of email message we increased revenue by 303.08%. What might also interest you is the fact that my average conversion improvement is 19% and my success rate is 70%. Basically, I’m VERY GOOD at what I do thanks to my Can Do Attitude to find solutions to given problems & Experience in this field.
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