How to Generate Revenue with your Ecommerce Store? - PowerPoint PPT Presentation

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How to Generate Revenue with your Ecommerce Store?

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Gowebbaby White paper Presentation on How to Generate Revenue with your Ecommerce Store? In this we are discussing about Strategies to Generate Revenue. Read complete .and If you need any help regarding Revenue Generation, then We are always here to assist you. Contact us at www.gowebbaby.com today. – PowerPoint PPT presentation

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Title: How to Generate Revenue with your Ecommerce Store?


1
How to Generate Revenue with your Ecommerce Store?
2
Introduction
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.
3
Strategies to Generate Revenue
Here, we are going to discuss some vital
strategies that will aid you to generate revenue
with your ecommerce store-
Improve your store design
Strategy 1
Make an exit offer
Strategy 2
  • 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
    cheer buyers to shop from your store

Use Email Carefully
Keep in touch frequently
Strategy 3
Strategy 4
  • Email is best channel in online marketing
  • It drives traffic to your store, enhances content
    marketing and outperforms both Facebook Twitter
    for generating sales
  • Its 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

4
Optimize Ad-spending
Strategy 5
Product Review Matters
Strategy 6
  • 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

Anticipate Future Sales
Strategy 7
Up-sell Products
Strategy 8
  • 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
  • List products as out-of-stock with good text
    appropriate photo to which items your customers
    mostly want to buy
  • It enables to advance take order, ship products
    to clients once they are ready

5
Minimize Cart Abandonment
Strategy 9
Wish-list Reminders
Strategy 10
  • 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

Include a Gift Section
Strategy 11
Launch a Facebook Store
Strategy 12
  • Exchanging gifts has been an interactive glue of
    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
  • Merchants can sell directly to Facebook users
    when they launch a Facebook store
  • By owning Facebook store you will interact
    communicant with customers in different way, and
    more social

6
Engage with Instagram
Strategy 13
  • 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
  •  

Engage with Instagram
Strategy 14
  • 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
    audiences attention

7
If you need any help regarding Revenue
Generation, then We are always here to assist
you. Contact us at www.gowebbaby.com Today.
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