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The Multiple Advantages of fee payment solution By kabir khan

  in Business | Published 2015-05-18 03:51:41 | 56 Reads | Unrated

Summary

not all visitors satisfied by fee payment solution will complete a transaction on their first visit, so another useful e-commerce goal is quantifying the number of people who add an item to the shopping cart whether they complete the purchase or not—in other words, how many begin the shopping proc ess.

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As demonstrated by many cultures across the globe, the past is littered with philosophers, scientists and inventors whose ideas were such a departure from the popular belief that, in order to suppress a challenge to an old belief, the innovator and early adopters were often imprisoned or killed. Pre-modern scientists such as Johannes Keeper and Giordano Bruno were persecuted because they believed that the dogmas of the Catholic Church were wrong. In 1616, in order to prove his theories regarding the non-stationary position of the earth, which he claimed to, revolve around t

he sun, Galileo developed optical technology the telescope which offered services online fee gateway proof to corroborate and substantiate his claim. Chastised by the Inquisition, to save him from being burnt at the stake Galileo was forced to recant, and that the earth was, as expressed in Christian theology, stationary in the centre of the universe.

This was as true then as in the late nineteenth century. Thomas Edison was also persecuted when society started adopting electricity with more enthusiasm, as Israel documents: ‘Edison was “continuously being annoyed by letters from cranks and lunatics from all over the world”, several of whom made threats against him for perceived wrongs.’

The application of technology is not always obvious, and foreseeing its impact on business and society is often regarded as ‘wishful thinking’. Traditionally, prognosticators have been met with skepticism, not because of a lack of comprehension by the rest of society, but due primarily to two factors: the slow communication of a technology’s benefits to the majority and fear when it appears to undermine a pre-existing value or belief.

This condition is evident in today’s society; one could argue that it is even amplified by the very technology that has been labeled as the problem. For example, anti-capitalist and anti-globalization groups using the Internet to communicate their protest are enough to show how ironic is the position of anti-technology groups. Of course the issues which concern anti-globalization groups are mostly noble (environmental issues, exploitation of labor, amongst others), but the focus of their criticism is not always the root cause of the problems, only the instruments used in the process, such as technology itself.

They cannot tell you why visitors behave the way they do or which improvements you should make. For that you need to invest in report analysis, and that means hiring expertise, training existing staff, using the services of an external consultant, or using a combination of all of these. Often, you may need to employ multiple tools to gain an insight as to "why." These include the use of voice-of-customer tools (surveys, customer ratings, and feedback) as well as offsite analytics measurement (blog comments, social network mentions, and sentiment).

That sounds easy in theory, though often for large organizations, getting all stakeholders aligned and implementing a change is a project in itself. Therefore, ensure you have that buy-in from an early stage; otherwise, you will rapidly become frustrated at your unrewarded efforts .Most KPIs are ratios or percentages that enable you to take action, and the job of an analyst is to build these specific to your organization.

That is, buying something. However, not all visitors satisfied by fee payment solution will complete a transaction on their first visit, so another useful e-commerce goal is quantifying the number of people who add an item to the shopping cart whether they complete the purchase or not—in other words, how many begin the shopping process.

Author Bio: -  

Feepal is India's First Market Place for Educational Sector. Submitted fee online fee gateway we at Feepal help the educational institutions to automate their cash inflows by providing end to end solutions for fee payment solution, online admission for sale and web stores. All our solutions are absolutely FREE for the educational institutes.

 

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