10

How to Generate Revenue with your Ecommerce Store

Embed Size (px)

Citation preview

The Internet is a flourishing industry. With the development in technology

people to a greater extent are exposed to internet. Progressively they are

learning to make use of the Internet for their day-to-day needs. As a result,

Ecommerce websites take a front seat getting out to the billions of people

in search of your kind of services or product online.

Ecommerce means trading of, either services or goods on the internet.

Therefore by having an ecommerce shop you can spur your sales and

generate noticeable profits for your company. The key of getting clients

to buy online is having an ecommerce website that inspires audience to

stay around. Also, if company is unable to put up a good website, then it

is likely that your company cannot deliver better services or products.

Introduction

2

Here, we are going to discuss some of the vital strategies that

will help you to generate revenue with your ecommerce store:-

Poor design drives customers away

Good design means good first impression

It increases usability & user experience

Exit offer pop-up when customers are about to

leave your store

By offering discounts & free shipping, you can

encourage buyers to shop from your store

Strategies to Generate Revenue 3

Improve your store design Strategy 1

Make an exit offer

Strategy 2

Email is the best channel in online marketing

It drives traffic to your store, enhances content marketing and

outperforms both Facebook & Twitter for generating sales

It’s good for you to keep your customers

informed about the status of their orders

Send out daily newsletters with deals &

discounts to keep your customer involved

Use E-mail Carefully

Strategy 3

Keep in touch frequently

Strategy 4

Try to use different keywords, so that

you can check which works best for

your business

Run via small variations in keyword to

find out good niche for business

61% of customers read product review before

buying online

This option help buyers to get satisfied that the

product offered by you already opt by other

customers and are satisfied with it

Optimize Ad-spending Strategy 5

Product Review Matters Strategy 6

List products as out-of-stock with good text and

appropriate photo to which items your

customers mostly want to buy

It facilitates to take order in advance, ship

products to your customers once they are ready

Up-selling is truly effective than

cross-selling online

Make your up-sells linked to the

original products and be thoughtful to

the price range of your customers

Note: Product up-sell apps provides you the capability to offer a

different product during checkout based on the contents of the

shopping-cart of your clienteles. Integrate it with your store to sell

one or many greater-margin products.

Anticipate Future Sales

Strategy 7

Up-sell Products

Strategy 8

Cart abandonment means that your

sales are not as per as it could be

Email recovery campaign is the

solution that can attract your

customers to return to their cart

Wishlist reminder email enables the customer

to take the final step and make the purchase

Send an email to customers that the items

selected by them are sold out or it is on sale

Wishlist + Reminder facilitates you to

customize the look and feel of wish list and remind your

customers that there is something in your store that they like

Minimize Cart Abandonment Strategy 9

Wish-List Reminders Strategy 10

Exchanging gifts is has been the interactive glue

of human society for thousands of years

Selling gift combos or sets can yield higher

profit, exclusively when you have a range of

selections for your customers to choose from

Facebook is the leading social media platform

in the world. This makes it, a great source of

traffic

Merchants can sell directly to Facebook users

when they launch a Facebook store

By owning Facebook store you will interact and communicant

with your customers in different way, and of course more social

Include a Gift Section

Strategy 11

Launch a Facebook Store

Strategy 12

Engage your audience by running

contests

Expose “behind-the-scenes” work

Make use of pictures of your

customers with your items to earn

social proof

By engaging with Instagram, you get 25% more engagement

than other social media platforms

Word of mouth have immense

influence, as customers trust family &

friends more than marketers

Build a greater audience by finding

power influencers who already have

your target audience’s attention

Engage with Instagram Strategy 13

Promote Word-of-mouth Strategy 14

2

To Know More… 12