The global eCommerce industry is booming and retail sales are expected to top $2.35 trillion this year. Needless to say, a quality eCommerce software solution can do wonders for your online business. This article provides effective tips to boost your eCommerce venture.
A common mistake made by eCommerce entrepreneurs is rushing their website launch. Ideally, they should wait till all the groundwork has been done before announcing their project to the world. This homework includes taking care of paid advertising, social media, content marketing, SEO, etc. So, after you register your domain name, put up a “Coming Soon” sign on your site till you are fully ready for the launch.
The biggest disadvantage of an online store compared to a brick-and-mortar store is that customers cannot take a firsthand look at the products. You cannot resolve this problem, but you can still provide a delightful experience to shoppers. You should hire competent ecommerce development service providers if you are not comfortable doing it yourself. Use a simplified shopping cart to ease checkout, offer promotions and discounts, and ship the goods free to the customer's’ address. Happy customers may well return to your online store for repeat purchases and talk about their good experience to their friends and contacts.
The success of your eCommerce venture depends on thorough analytics and testing. Put yourselves in the shoes of the buyer and take an objective look at the features that are working and not working, and find out the reasons for failures. This will enable you to rectify the errors quickly. Use quality A/B testing solutions for the purpose.
Social media has become a popular internet phenomenon and you should not outsource this activity. In fact, take a hands-on approach and handle social media monitoring and marketing yourself as much as possible. You can learn about the lifestyles and buying attitudes and behaviors of your customers, and this will help you to personalize your strategy for each high-value shopper. Hire the services of an experienced social media manager and take the time out to get involved personally too.
This tip is a follow-up to the previous one. Enable your buyers to provide their feedback through product reviews and testimonials, and add follow buttons as well as social login choices to boost customer engagement in your products and business.
Smartphones are becoming the preferred device of the millennial generation for internet browsing, searching, and shopping. Therefore, go all out to provide a great user experience for mobile users. They should be able to easily find your online store, select their preferred products, and check out them effortlessly. Needless to say, your business may well fade into oblivion if your site is not mobile-optimized.
The eCommerce industry is getting crowded with a lot of new players entering the market regularly. Therefore, it is important to carve out your niche and identity in this crowded space. The way to do it is to manage your SEO activities and campaigns effectively. Hire skilled SEO strategists to improve your online store’s visibility and rankings on popular search engines. Interested shoppers should be able to find your site easily on the internet. If your ecommerce store is on Magento you can also install a good Magento SEO extension to take care of all your on-page SEO issues.
It is important to gather customer information and details to grow your website and also for future launches. Invest in a quality business intelligence software solution and hire the services of experienced analysts who can crunch the collected data. They should be able to provide actionable insights that you can use to craft targeted marketing campaigns to engage specific customer segments. The valuable insights can also help you to make smarter business decisions.
Your online store cannot stand on its own. You need to form strategic partnerships with established vendors and brands who can add quality to your products and services. Make use of their knowledge and expertise to improve your online business.
Content marketing can help you to generate a steady stream of organic leads. Admittedly, it can be a bit expensive to create and publish quality content, but the investment is worth it. You can start a blog, share your articles and posts on social networks, and connect with leading websites and industry publications in your niche.
Finally, be keen to learn more about your business, customer tastes, and the latest eCommerce trends to evolve and grow continuously. You are sure to make mistakes as you go along but do not get disheartened by temporary setbacks. Learn from the experience and use it to improve your business.
There is no doubt that eCommerce offers a lucrative business opportunity, but you need to make strenuous and smart efforts to be successful in this crowded field. You can consult a reliable B2B software marketplace such as the FinancesOnline.com review site for detailed analyses of the best shopping cart systems to select a suitable one for your needs. We also hope our useful tips are a good contribution to you in this regard. If you are already implementing or know about other effective eCommerce strategies, feel free to share the details with us in this space.