What are the benefits of posting transaction receipts ?

[eldavis]

I have a lot of small business owners and vendors in my contact list, and one thing they all have in common is that they always post receipts or the credit alerts they get from their customers. Is there any hidden benefit to this? Personally I feel there is no need posting this, cause in terms of security it is not safe as it might attract unwanted attention.

 

[timewo]

Sometimes people are not sure that the business will provide the service or product they promised, and providing details of the existing customers will help boost the conversion rate to some extent.

 

[eldavis]

Sometimes people are not sure that the business will provide the service or product they promised, and providing details of the existing customers will help boost the conversion rate to some extent.

Wow, that's actually true, but don't you think posting reviews can also play the same functions and would be more effective and safe? Rather than posting transactions of previous deals.

 

[olaniyi]

Most of this vendor that post the receipt of transaction between them and other customer is trying to let people know how much people trust him and how perfect he is running his business

 

[Stardom22]

For me l think this would really help the building up of the trust and reputation of the business. Most potential customers would like to deal with merchants that are transparent with their business deals.

 

[nomad]

There is something called social proof. Social proof is when a normal people review products and services voluntarily on social media. Social proof helps in driving sales. Posting transaction receipts will build confidence in buyers