Ecommerce’s 7 Best-Kept Secrets, Revealed
We have certainly come a long way since our 72-year-old grandmother in the United Kingdom made her first online order using a TV remote control.
A simple shopping list of wheat flakes, eggs and margarines in 1984 paved the way for the online shopping industry with e-commerce sales worth $ 4.28 trillion by 2021.
And with these numbers rising to $ 5.4 billion by 2022, it’s never been a better time to have an e-commerce store.
However, getting started can be stressful and there are many reasons why an successful ecommerce business can fail. Therefore, we decided to share these Ecommerce’s 7 Best-Kept Secrets to ensure the exponential growth of our ecommerce store.
Keep consumers happy
For this first of Ecommerce’s 7 Best-Kept Secrets, whether your business sells products online or in-store, a happy online shopper or customer is the most important asset of a successful business.
The link between customer satisfaction and financial success in the business is well established. As their satisfaction increases, so would your sales figures.
Therefore, it is imperative that your customers are satisfied with the products you sell and the services you provide.
Not only does this help stand out from the competition, but it also tends to show customer loyalty and retention to the online store. Customer satisfaction is one of the top priorities for Ecommerce’s business.
No matter how profitable your online store is, there is always plenty of room for improvement. You should always be supportive by listening to negative comments and complaints, but about 96% of dissatisfied consumers don’t mind complaining and 91% of them will never come back again and instead shop with other online retailers.
Create a planned mechanism on your website to increase overall customer satisfaction by providing a smooth and seamless shopping experience.
By constantly monitoring customer satisfaction and well-being, you can directly improve your customer retention rate. Therefore, not only will your website’s sales, revenue, and visitors increase, but your loyal customers will also increase.
Let your customers talk
Building a strong brand identity is essential because you can build and maintain emotional ties with your target audience through your ecommerce website.
If a company can successfully build strong relationships with its customers, it can use its confidence and enthusiasm to spread positive word-of-mouth recommendations about its products and services. This can also lead to repeat purchases.
Few marketing methods are more effective or reliable than word-of-mouth, but customers don’t always drive it without a little nudge. Sometimes you have to give them additional motivation.
Don’t be afraid to contact your best clients with a personal request for testimony, or at least listen to their opinions on your offerings.
You can spread the word and build this enthusiasm through social media channels, contests, blog posts, and even user-generated content.
The more you personalize your customer interactions, the more likely they are to be your best customer. In short, you’re a true enthusiast who drives your new business directly to them.
Do logistics correctly
One of the biggest problems facing e-commerce businesses is the abandonment of shopping carts. According to statistics, the dropout rate is usually 80%.
That’s why if logistics is right and the billing process smooth, it will increases sales and have a huge impact on your customer path.
It is important to adopt different payment methods, as many consumers decide not to buy if their payment methods are not available.
Virtual debit cards are a great idea because many people are wary of fraud and don’t share their credit card details online.
And while loyalty programs are ideal for rewarding customers, they won’t buy or become repeaters if they don’t work properly. Therefore, always check your offer and promo code.
Long delivery times are another serious problem, as most consumers don’t want to wait for a product to arrive after purchasing online.
Also, if a consumer needs to create an account to purchase an item, 34% of the shopping cart will be abandoned, but the purchaser should not be required to registration for first-time .
You want them to make a purchase and decide to join at a later date. These details make a difference. Fast and easy logistics not only attract new customers, but also help retain existing ones.
Leverage the power of remarketing
Most professionals with e-commerce stores spend a significant percentage of their budget on marketing activities with the clear goal of gaining more organic traffic to their ecommerce sites and leading to more sales.
But what about customers who have already converted? If you don’t actively focus on your existing customers through remarketing, you may miss some significant benefits.
AdWords and Facebook campaigns especially focus on customers who have already visited the online store to ensure optimal marketing returns, as regular customers are likely to buy from you and spend more money when they do. Make sure you are targeting those customers who have already visited your online store to ensure an optimal marketing
Don’t ruin your delivery
Drop shipping is the process by which a product is shipped directly from the manufacturer to the customer, and has dramatically simplified the sales process of many ecommerce professional with an online store. However, this process is not without its problems.
The most common problems are usually related to late delivery, poor product quality, and lack of tracking numbers available to customers.
These issues can completely ruin your reputation, so it is imperative to ensure that your delivery options for your e-commerce business is a solid one.
Be sure to perform regular quality checks before sending the products manufactured by the supplier directly to the customer. It is very important to have direct confidence in the product and ensure they live up to the promise of your brand image.
For delivery, perform high quality performance operations that can offer your customers courier options. In this way, customers can always keep track of when they can expect an order and follow it in the process.
Create an e-commerce store audience preview
Too many ecommerce professionals make the big mistake of launching an entire store before making any moves to market a product or brand.
The problem with this is that digital marketing often takes time to produce the desired sales results. In the meantime, costs such as web hosting should be covered without increased sales or potentially more traffic coming in.
Instead, it’s imperative to be more urgent, start marketing early, and focus on building a consumer audience before launch. The Kickstarter campaign is a great way to raise money and get the word out before you launch your product.
Even if you’re not developing a whole new product, you still need solid proof by people who spread the word about your product page or brand.
Gift certificates for merchandise, social media contests, and email marketing applications are great ways to help build your audience before they launch, creating new sales and success stories from the day the store launches.
Keep your analysis up to date
To make the best marketing decisions possible, it’s very important to understand how your visitors find and respond to ecommerce websites.
Therefore, analytics software is exactly what is needed for the success of a growing e-commerce business. Fortunately, these types of analytic statistics are attached to digital marketing initiatives to help ecommerce website owners better understand their customers and the overall performance of their website.
While e-commerce analytics provide valuable data-driven insights that measure every aspect of your online business, there are a variety of tools, e-commerce tips, software, and integrations that provide a variety of data collection.
Most of your important data is convenient, robust, and free, so it can come from Google Analytics. Use it to create conversion goals, such as the number of visitors who have completed a particular action, such as purchasing a particular product or clicking on your social media link.
To provide potential customers with a more authentic and personalized shopping experience on their ecommerce website, Optimizely has great ecommerce-specific features and important ecommerce tips.
Or, if you don’t know how to handle all your analytics, AARRR statistics provide a framework for optimizing your goal-achieving process and making good data-driven decisions that will help you stay ahead of the game.