► A WHOPPING 86% of people surveyed from the United Kingdom who see a price in a U.S. currency, leave trying to find it in a local one.
► Of the small percentage that stay, if they're forced to go offsite to something like XE.com to calculate the conversion, 65% of them don't return.
► How about return visits? 56% of shoppers from Germany said they would not return to a site that only listed in US Dollars. - ZDNet on "Unease with foreign currencies"
The Bold Multi-Currency app lets your customers shop in any currency they like. You can use it's powerful built in geo-location service to auto-select the currency, or give your customers the option to choose from a beautifully styled dropdown with flags.
Let your customers select their preferred currency from a drop-down, or if you prefer, you can let the app detect their location and just show the correct currency! Customers who visit a website and see prices in their currency have a much higher conversion rate than those that don't.
No need to sync the app, download rates, or anything like that. The app continuously syncs in the background so you always have the most current rates!
Not only do we let you create rounding rules, we let you create as many rules as you like! This exclusive feature allows you to create rounding rules like the one below. We think this is pretty awesome!
Wouldn't it suck if you have to create one rounding rule that applied to all currencies? We thought so! So with our app you can create one set of rules for one currency, a different rounding rule for another, and for others, maybe even no rounding rules! You have full control, use it wisely ;-)
Rounding at the product level creates an accurate price at the cart, and a price the customer would expect. Here's the difference between calculating at the product level vs the cart.
ROUNDING THE CART (Not ideal)
Let's say you have a rule to round everything to .99. You have a product that ends up at $9.40 after the currency calculation, so the app rounds it to $9.99 and that's what is displayed on the product.
Now let's say you add two to the cart. You'd think you have $19.98 right? The problem is, you actually have $18.80 (9.40 x 2) in the cart, so they'll round the cart to $18.99.
This is not what the customer would expect. While they're saving a dollar here, it could go the other way too where they're paying more than they'd expect. So not good overall.
ROUNDING AT THE PRODUCT LEVEL (More accurate, and the way we do it)
Let's take that exact same scenario where you have a product that's $9.40 after conversion, but then rounded to $9.99. With our app, the rounding is done, calculated and locked in at the product level. So if you add two to the cart, you're cart total will be $19.98.
This of course is exactly what the customer would expect. No surprises!
We're all just trying to make a few bucks anyway we can right! Use our exclusive rate padding features to add 1 or 2% to the conversion. After all, banks do it.
Sometimes you need to have a fixed price or rate in a certain currency. For any currency you like, you can always override automatic rate conversion and enter a fixed one.
The app works on any theme and looks great! Not sure what else can be said about that.
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