Cannabis Online – How Ecommerce Can Help Your Cannabis Business
Cannabis Online
Ecommerce gives your consumers the option to purchase products for in-store pickup or delivery directly from your retail store, regardless of their location. It also allows you to better market your product and service offerings to customers. Ecommerce also offers more actionable data to help your business grow.
Cannabis retailers are embracing ecommerce for multiple reasons. Gastown Medicinal can browse and buy cannabis from their mobile phones, desktop computers, or tablets — giving your business access to a much larger customer base. Ecommerce also helps to reduce the amount of cash your business handles in-store, and gives you more control over your inventory.
Many dispensaries are using POS systems to enable customers to shop their products and services on a website or marketplace. These systems allow users to review menus and prices, add items to a cart, and make a secure transaction. Customers can then visit the store with their valid ID and cash to pick up or get their order delivered.
Cannabis Online: Where to Buy Quality Products
The most common way to pay for cannabis is with a debit card. However, these transactions are often not compliant and can be shut down by major card networks due to their non-compliance. The most reliable cannabis payment solutions are ACH payments, which enable dispensaries to accept funds from bank accounts that customers link to their account.
Unfortunately, a lot of these solutions come with high consumer fees (up to $5 per transaction), which decrease average customer spend and deter cashless purchases. They also often use predatory terms that lock merchants into 3-5 year contracts with liquidated damages or “free” hardware that is made up for by higher customer fees.