Brick and mortar businesses rely on physical locations to attract
their target audience and drive more business sales. And if they fail to get
sufficient foot traffic, they’ll move to another location where they can get
more foot traffic with finite stores to compete.
But when it comes to an ecommerce
business, it is quite a daunting task to stand out from the competition and get
plenty of web visitors to your store. In 2020, most of the brick-and-mortar
businesses have gone digital, so the competition is tough.
How to stay ahead of the
competition with so many online stores offering similar products and services
in the ecommerce market? Here digital marketing comes into play because all the
ecommerce stores solely rely on ecommerce marketing strategies
for their business growth. In this blog, you will get to know about the tip and
tricks which you can use to market your online business, such as
Upsell your products
Sometimes,
online purchasers add low-cost and inexpensive items in their shopping cart not
because they are penny pinchers but because they are unaware that there is
better, although more expensive products are available.
Upselling
works better for your business rather than focusing on getting new customers.
For effective implementation of the upselling, make sure your customers are
aware of all the range of products related to the original product they
searched in your store. While making a purchase, the customers always compare
the product prices, so you need to convince your customers that paying more for
a product can be advantageous for them.
Decrease cart abandonment
In the
brick-and-mortar stores, the queues are long, so cart abandonment is not an
issue. On the contrary, ecommerce stores rely on online purchases for their
survival. The average rate of cart abandonment is up to 70%, and when it
happens, you miss out on a sale.
You can
decrease card abandonment by implementing various strategies, such as providing
social proofs to delivery estimates. Sometimes only friendly reminders are
enough, and other times, you need more persuasion. In this case, you can use
the carrot approach.
Sending
emails about cart abandonment is a good idea. It is better to send an email
immediately after the abandonment to let your customer know about the products
in their cart. Then send another email the next day and the final email after a
couple of days.
Grow your list of subscribers
Email
marketing is one of the most potent marketing strategies these days. Because
unlike social media posts, it is not limited to characters; you can add much
more in a personalized email. You can capture the attention of your target
audience by personalizing your email subject lines.
But before
investing any money or time in running the email campaigns, you need to grow
your list of subscribers. Because making so much effort is of no use if they
are only a few in number. You can grow your list by encouraging more customers
to subscribe to your blogs or sign up for your newsletters.
Don’t limit
your emails to just a monthly newsletter. You must send promotional emails
regarding your new product launch, limited-time offers, and discounts to
stimulate their interest in making an online purchase.
Utilize live chat option
Though
sending emails is more personalized as compared to social media posts. But the
best way to address your customer is through direct conversation because you
can engage a web visitor while browsing your store via a live chat.
Because the
live chat response time is faster than the email. One of its biggest advantages
is that you can instantly address the queries of your customers. It increases
your business credibility and helps in building your customer’s trust in your
brand. Customers are more inclined to make an online purchase after a live
chat.
Set up an Online course
Are you
well-versed in a skill? It’s time to make some money through it by making an
online course on it and help others learn what you are willing to impart. Share
your wisdom with benefits.
Focus on the customer experience
Customer
experience plays a key role in the success of an online business, and you must
surpass their expectations to make your business successful. Your foremost
priority is to make sure your potential customers have a good experience while
shopping from your store.
You can’t
drive any sales without focusing on your customer services and experience while
browsing your store. Your customer support should be quick when your customers
need any help on your website. It helps in increasing your conversion rates.
Personalization
Personalization
plays an important role in the ecommerce business besides a seamless
experience. Most of the customers look forward to personalized product
recommendations keeping in view their past shopping history or preferences.
In personalization,
customer data is used to provide the services or products the customer prefers.
It helps in driving more conversions.
Use Responsive Web Design
A
responsive web design is imperative to a successful business because most
online purchases are made through mobile phones. Your ecommerce website should
be mobile responsive to drive more business sales; otherwise, the customers
will switch to another website.
Keep your
customers in mind while designing your website because a lousy web design with
slow loading images and difficult navigation quickly turns off the customer’s
interest in your website. It should be highly responsive with a fast-loading
speed to increase your conversion rates.
Remember your locals
Another
piece of advice to all the ecommerce store owners is that don’t forget your
locals because it can drive more business sales. It is a fact that with an
ecommerce store, you can easily reach your international audience.
But locals
also make a significant portion of your business revenue. You can provide free
shipping to your customers who are located near your warehouse. This will lead
to more conversions.
Benefit from UGC
You can
also get an advantage from the UGC because it helps increase your website
traffic and helps build a loyal customer base. You can benefit from the UGC by
rewarding your loyal customers for your content sharing on platforms such as
Instagram or Facebook.
Wrapping It Up
Using these
tips and strategies, you can market your brand and increase your brand
awareness. It helps in building a loyal customer base and increases conversion
rates with improved ROI. Ecommerce marketing helps in reaching more potential
customers and drive more business sales.