Skip to main content

E-Commerce

 E-Commerce (Strategy, sales performances, merchandising)


Ecommerce merchandising

Ecommerce merchandising is the art and science of displaying products or offers on a website with the goal of increasing sales.

e-commerce strategies

  • Responsive web design
  • Search, auto-complete, results layout & features

potential customers

  • Visitors who know what they want to buy. (want to find the right information as quickly as possible)
  • Visitors who only want to browse. (organize the menu bar & categories in easy usable sections)

product

  • High-Quality Photographs 
  • Good Product Descriptions

purchase

  • Offer more payment options
  • Give discounts.
  • Build loyalty programs.
  • Provide discounted or free shipping.

Social
The social media strategy your eCommerce marketing team prepares should be connected with your content strategy. This means repurposing your website content across your social media channels. as it will guarantee you a larger audience and boost your visibility.
  • Post daily and consistently.
  • Consider an automated tool to make sure your posts are on track.
  • Always use images when posting, even on Twitter.
  • Leverage video.
  • Do not spam.
  • Do not use social media for promotions only, engage with your customers.
  • Use analytics to track your audience’s engagement.
  • Test multiple social media strategies before picking the right one for your overall eCommerce marketing strategy.
Extended social
  • targeted ads
  • daily communication questions, issues / better customer support
  • expand brand awareness
  • convert people to brand ambassadors.

Landing Page
  • Create specific landing pages for the different groups in your target audience.
  • single purpose
  • only one CTA goal (multiple CTAs should have same goal)

Advertising Strategies
These will help improve your online visibility and boost sales.
(Most people choose to start with Facebook Ads or Google Adwords)
  • How many visitors does your business’ website need for a successful conversion?
  • How much is the budget you can safely allocate and for what period of time?
  • What is the best advertisement outlet for your products?
  • Retargeting methods to reach visitors and potential customers is also a smart move to increase ads effect.(Facebook pixel is a tool that can keep a record of all the FB visitors on your website and help create targeted campaigns.)
Blogs


Comments

Popular posts from this blog

Customer Retention Metrics (Growth marketing)

Customer retention metrics are key performance indicators (KPIs) that measure how effectively a business keeps its customers over time, with common examples including Customer Retention Rate, Customer Churn Rate, and Customer Lifetime Value (CLV). These metrics help assess customer satisfaction, identify areas for improvement, and predict future revenue 1. Customer Retention Rate How to calculate and improve customer retention rate (+ formula) Customer retention rate measures the number of customers a company retains over a given period of time. Calculate retention rate with this formula: [(E-N)/S] x 100 = CRR. Identify the time frame you want to study Collect the number of existing customers at the start of the time period (S) Find the number of total customers at the end of the time period (E) Determine the number of new customers added within the time period (N) 2. Customer Churn Rate Your customer churn rate is simply the inverse of your customer retention rate. For instance,...

Customer Lifetime Value (CLV or LTV)

Customer Lifetime Value is the estimated total value a customer brings to a business over the entire duration of their relationship. CLV CLV (Customer Lifetime Value), LTV (Lifetime Value), and LCV (Lifetime Customer Value) are often used interchangeably in marketing and business analytics, and they all have the same meaning. Basic CLV Formula CLV = Average Purchase Value × Purchase Frequency × Customer Lifespan  Example Average purchase value = $100 Purchases per year = 5 Customer lifespan = 4 years CLV = 100 × 5 × 4 = $2,000 More Accurate Formula Many companies include gross margin. CLV = Average Revenue per Customer × Gross Margin × Customer Lifetime Example : Revenue = $1,200 Gross Margin = 40% Lifetime = already included in revenue CLV = 1,200 × 40% = $480 profit Subscription Business Formula For SaaS businesses: CLV = ARPU × Gross Margin ÷ Churn Rate Example Monthly ARPU = $40 Gross Margin = 80% Monthly Churn = 4% CLV = 40 × 0.80 ÷ 0.04 = $800 ...

Strategic Analysis Framework - PESTEL

Why Every Business Strategy Should Start with a PESTEL Analysis The PESTEL Framework is a strategic analysis tool used to evaluate the external macro-environmental factors that can affect an organization, industry, or project. PESTEL stands for: P – Political Government actions and political stability that influence business operations. Eg Tax policies, trade regulations, labor laws, political stability, government subsidies E – Economic Economic conditions affecting purchasing power and business performance. Eg Inflation, interest rates, unemployment, economic growth/shrink, exchange rates S – Social Cultural and demographic trends influencing consumer behavior. Eg Population growth, lifestyle changes, education levels, consumer attitudes T – Technological Technological developments impacting products, services, and operations. Eg Automation, AI, R&D, digital transformation, cybersecurity E – Environmental Ecological and environmental issues affecting businesses. ...