Growing your business is important for its longevity. You need to grow your customer base, increase revenue and provide more products or services that people want. If you are looking for tips on how to do this quickly, then keep reading!
Know your customer
One of the best ways to grow your business is by knowing who you are selling to. Identify their demographics, interests, and behaviors as much as possible so that you can better target them with marketing messages, products, or services they will buy from you.
For example, if you sell women’s clothing online then spend time learning about how women shop for clothes both in stores and online. This way, when it comes time to market new items to your customer base directly through email campaigns or on social media sites like Facebook and Twitter, you’ll have a great chance at success!
Integrate social media into your marketing strategy
Social media is one of the best ways to advertise your products or services, especially since everyone loves using it! However, you need to integrate social media into your overall eCommerce advertising strategy so that it doesn’t feel like an afterthought. This means building a targeted audience on at least one major social networking site (Facebook and
Offer free shipping and returns to increase sales
If you offer free shipping and returns on your products, then more people will buy from you. People are often hesitant to purchase online because they don’t know if the product is going to fit them correctly or look good when it gets delivered. By offering these two services free of charge, you remove their hesitations about buying with you which means that more likely than not they’ll end up purchasing something!
You can also increase sales by having a sale at least once per month where everything in your store is either 20% off or 50% off depending on what works best for your audience. Even though this might mean taking a hit in profit over the short term, it’s still well worth it due to the increased revenue brought in thanks to all the sales!
Loyalty program
Another great way to increase sales is by using a loyalty program where customers get points for each purchase that they make, and once they reach a certain amount of points (which you can set) they earn discounts. This incentive will not only encourage them to keep purchasing from your store, but it’ll also bring in their friends who want to sign up for the loyalty program themselves because everyone loves free stuff!
Twitter is recommended) which can be done by placing ads for free or paid advertising depending on what kind of budget you have available.
Create a blog that will help you establish authority in the niche
A blog is a great tool to establish authority in your niche, but it’s important that you post content on there regularly. If you don’t have the time or knowledge of what to write about then ask yourself some questions like:
- What are the popular problems people face when running an eCommerce business? How can I solve these for them?
- Are they struggling with marketing their products effectively online? If so, how do I help them become more successful at doing this?
What type of unique insights can I provide for my customer base through blogging that will make me stand out from all the other businesses selling similar items/services like mine?
Asking and answering these types of questions will give you ideas for things to write about on your new blog!
Another great way to gain more exposure for your business is through guest posting on relevant blogs in your niche. You can either write about the topic yourself or hire a ghostwriter, but it’s important that you get links back to both your eCommerce store and personal website so that people know where else they can find you online if they like what they see on any of these websites.
Use email marketing to grow your list of potential customers
Email marketing is one of the most powerful ways to grow your customer base because it’s so personal. Email allows you to use a targeted list of subscribers that are already interested in what you’re selling, and sending them emails about special promotions or discounts means they’ll be more likely to buy from you!
You can also utilize email marketing for things like re-engagement campaigns which helps bring back customers who left your website without buying anything. This will not only increase sales now, but this strategy will help maximize profits over time by ensuring that someone doesn’t view an item on your website once and never sees another ad for it again if they don’t purchase it!
Hopefully, these six tips will help you grow your eCommerce business faster. Where do you feel like there is room for improvement in your current strategy? What other strategies would be beneficial to add to the list above? Start today by implementing one of the ideas mentioned above!
Founder Dinis Guarda
IntelligentHQ Your New Business Network.
IntelligentHQ is a Business network and an expert source for finance, capital markets and intelligence for thousands of global business professionals, startups, and companies.
We exist at the point of intersection between technology, social media, finance and innovation.
IntelligentHQ leverages innovation and scale of social digital technology, analytics, news, and distribution to create an unparalleled, full digital medium and social business networks spectrum.
IntelligentHQ is working hard, to become a trusted, and indispensable source of business news and analytics, within financial services and its associated supply chains and ecosystems