Completed Orders are crucial for sellers on KennFlik, representing the successful fulfillment of services without cancellations. These completed transactions not only contribute to immediate revenue but also help sellers grow and establish long-term relationships with buyers.
What is Order Completion?
Order Completion happens when a buyer has received and approved the service they purchased from a seller. It signifies the conclusion of a transaction where both parties are satisfied with the result.
How is the Order Completion Rate Calculated?
KennFlik uses a specific formula to calculate the Order Completion Rate (OCR). It’s the percentage of orders that are successfully completed out of all the orders placed by your buyers. The calculation includes only those orders that had their last update (cancellation or completion) within the past 60 days.
Why is the Order Completion Rate Important?
Maintaining a high OCR is essential for several reasons:
- Revenue Growth: The more orders you complete, the more revenue you generate.
- Buyer Relationships: Consistently completing orders fosters trust and encourages repeat business from buyers.
- Business Growth: A strong completion rate helps to expand your business through positive feedback and buyer satisfaction.
- Search Rankings: Your OCR can influence the visibility of your posts in search results, making it a vital metric for long-term success on KennFlik.
In summary, keeping a high Order Completion Rate is key to your success on KennFlik. It reflects not only your reliability as a seller but also your ability to deliver quality services.