The E-commerce retailers are trying out different strategies to boost their sales and improve customer satisfaction. Econsultancy’s Luke Griffiths has shared two advantages and the implications of the ‘buy now, pay later’ strategy. Griffiths says, “With less distinction between online and offline commerce, we’re in a new era of “omni-shopping”. For retailers, that means they should be offering customers a seamless journey both online and offline. This presents more opportunities, but also comes with considerable challenges – in particular around payments. Many retailers... [...]
Archive for the 'E-Commerce' Category
You have probably seen training that teaches you how to sell Teespring shirts via Facebook ads. That’s not a bad business; some people have done well with it. The hard part is that designing T-shirts takes a lot of time, requires skill and uses software that can be expensive. Consequenty, the whole process can be a pain. However, there are other (and easier) ways to build your T-shirt business. IM Wealth Builders just announced an alternative system, one that lets you profit from the T-shirt market with no inventory (or the up-front costs that would be required) and with no risk. Covert Shirt... [...]
You have probably seen training that teaches you how to sell Teespring shirts via Facebook ads. That’s not a bad business; some people have done well with it. In addition, designing T-shirts takes a lot of time, requires skill and software that can be expensive, and the whole process can be a pain. However, there are other (and easier) ways to build your T-shirt business. IM Wealth Builders just announced an alternative system, one that lets you profit from the T-shirt market with no cost of goods and with no risk. Covert Shirt Store, Version 2 was just released. It’s an upgrade to... [...]
E-commerce companies run flash sales to make more sales in limited time periods. A flash sale often lasts for less than 24 hours. During the sale, the company offers a short-term discount or promotion on some of its products. HubSpot columnist Caroline Forsey has shared a seven-step process to help marketers create flash sales and boost their e-commerce sales. Forsey says, “Flash sales generate an average 35% lift in transaction rates. Along with increased revenue, flash sales can help your ecommerce business get rid of excess inventory and stabalize your existing inventory. Most importantly,... [...]
Econsultancy’s Nikki Gilliland has shared four ecommerce lessons from Black Friday. This will help improve marketers perception of handling the ecommerce on holidays. Gilliland says, “Here’s four key things we have learnt. For lots more expert opinion and analysis, particularly when planning for 2018 and onwards, subscribers can check out Econsultancy’s Lessons from Black Friday Best Practice Guide. Website performance is improving Black Friday has previously resulted in disappointment for online shoppers, often due to slow loading times or sites simply being unable to handle the... [...]
Successful e-commerce business is a blend of several strategies and efforts using different marketing tools. Among these content plays the pivotal role as it has the capacity to engage people and persuade them to take an action. HubSpot columnist Greg Wise has shared seven creative content ideas that can help the e-commerce business owners. Wise says, “Big brands realize they need so much more than a picture and description to sell products. They’re all about selling a lifestyle, and that means bigger, better content is needed to engage shoppers. If you’re not sure what that looks... [...]
Marketing Land columnist Andrew Waber has shared some useful research findings that can help e-commerce retailers improve their sales. Waber says, “What drives shoppers to buy in the current retail environment? To find out, my company surveyed more than 1,000 US consumers who shopped online at least once in 2017, and some clear lessons for brands emerged from the results. 1. Have at least 3 photos for every product you sell In the same way that consumers want to touch and feel products on the physical shelf before they buy, they are becoming similarly discerning online. Seventy-three percent... [...]
HubSpot has summarized 10 ecommerce trends that are expected in in 2018. The company has cited a Statista statistic pointing the increase in ecommerce sales from 1.3 trillion in 2014 to 4.5 trillion in 2021. Caroline Forsey says, “With ecommerce’s rapid growth, comes rapid changes. It isn’t enough to post product images to your site and hope your ideal customers will find them. In 2018, there’s a whole lineup of new trends that could kickstart major growth for your ecommerce company if you pay attention. To help you reap the many benefits of ecommerce in 2018 and into the future,... [...]
Constant communication with the prospects and customers is a key to build a strong and successful brand. We need to make sure that this process does not end at checkout as it is the ultimate point from where the customer service begins. Marketing Land columnist Davor Sutija has shared three tips to help brands engage with customers after checkout. Sutija says, “We’ve established that, beyond physical products, today’s consumers want experiences when they shop. That’s why much of the current industry conversation around the “retail apocalypse” and how to get consumers into the... [...]
Econsultancy columnist Patricio Robles has cited a report from Criteo which states that in Q4 2017 e-commerce retailers received 66% of their sales from mobile devices. The article states that mobile apps account for 44% of ecommerce transactions in North America as compared to 33% and 23% for desktop and mobile web. Robles says, “On a global basis, year-over-year, mobile apps have seen their share of transactions grow by nearly 50%. The implication: retailers that don’t have a mobile app are at a growing disadvantage. In reality, however, it’s probably not exactly that simple.... [...]