PART ONE: 12 Low Cost, High Impact Strategies To Increase eCommerce Sales
Amy Kapolnek
Founder, the fwrd group ? Fractional CMO ? Strategic Advisor ? Mass-Luxe Beauty + Wellness Expert
In today's fiercely competitive digital landscape, launching a successful consumer brand online has become increasingly challenging. The consumer space is heavily saturated, customer expectations are soaring and marketing costs are astronomical. With the evolving landscape of data privacy regulations, traditional advertising methods often yield inefficient results. Add on an economic downturn with consumers tightening their spending, and you have quite the uphill battle that often leaves companies in search of more effective and affordable strategies. So the question becomes: how can you increase eCommerce sales and foster brand growth without breaking the bank?
In Part 1 of 12 Strategies To Increase eCommerce Sales For Consumer Brands, I discuss how to optimize your website and drive traffic by utilizing low cost, high impact tactics.
1. Search Engine Optimization (SEO)
Implementing SEO techniques can improve your website's visibility in search engine result pages (SERPs), driving organic traffic and increasing the likelihood of attracting potential customers who convert into sales.
Effective SEO strategies focus on optimizing specific keywords pertinent to your niche or products. This targeted approach attracts users actively seeking what you offer. Websites that rank higher in search results are often perceived as more trustworthy and credible by users, allowing you to establish authority in your industry. This positively influences purchasing decisions and builds trust with potential customers.
Types of Search Engine Optimization Initiatives?
On-Page SEO
Off-Page SEO
Technical SEO
Local SEO
2. Email Automations
Email campaigns and automations are still one of the highest revenue-generating marketing tactics with an average of 25-35% of a brand’s gross sales. Email automations, targeted and personalized emails that automatically send to users based on predefined triggers or actions, lead the way as the primary driver of sales in this category. They allow brands to engage with customers at various stages of the buyer's journey and ensure consistent communication that nurtures leads, drives conversions, boosts retention and promotes brand loyalty.
The first step to creating email automations is segmenting your lists based on factors such as demographics, purchase history or browsing behavior as this allows brands to tailor their messages to the specific interests and preferences of each recipient. This personalized approach not only enhances the likelihood of generating sales by providing customers with relevant content and offers that resonate with them, but also encourages repeat purchases and reduces churn.
Additionally, email automation streamlines marketing operations by automating repetitive tasks and workflows. Once set up, email automations run autonomously, saving time and resources while maintaining a consistent presence in customers' inboxes. I often call email automations the “passive income” revenue model because you virtually set it and forget it.
The 3 Most Important Email Automations
领英推荐
Welcome
Serves as the initial point of contact between the brand and its new audience members, providing an opportunity to establish a positive and engaging interaction from the outset.
Key components
Abandoned Browser and Abandoned Cart
Serve as invaluable tools for re-engaging with potential customers who have shown interest in your products but have not completed their purchase. These automated reminders prompt users to revisit your website and complete their transactions, thereby recapturing lost sales opportunities.
Key components
Winback
Aimed at re-engaging inactive or lapsed customers by sending targeted and personalized emails with the goal of encouraging them to return to the brand and make a purchase.?
Key components
3. User Generated Content (UGC)
User generated content (UGC) is any form of content created by customers and shared voluntarily on social media platforms, forums, review websites and other online channels. UGC has become one of the most compelling forms of content for direct-to-consumer (DTC) eCommerce. The reason? Consumers place immense value on authentic experiences and peer recommendations. According to PRWeek , 86% of consumers seek out UGC before deciding to buy a product they’ve not personally tried before. Incorporating UGC into your website fosters trust and credibility which influences purchasing decisions and drives sales. Additionally, UGC fosters community engagement and brand advocacy. Encouraging customers to share their experiences and opinions creates a sense of belonging and strengthens the bond between the brand and its audience, ultimately driving repeat purchases and long-term brand loyalty.
Types of User Generated Content?
Gathering UGC should not be complicated - start by encouraging your customers to create and share content about your products. If helpful, you can add incentives around sharing such as offering them a discount code or free product for a share or completed review. You can track this through tags to your social media account or user account information.
Stay tuned for Part Two of 12 Low Cost, High Impact Strategies To Increase eCommerce Sales For Consumer Brands.
Amy Kapolnek is the Founder & CEO of the fwrd group , a NYC-based consulting firm specializing in development, growth and expansion strategies for consumer goods and services. Amy's influence extends beyond boardrooms as a frequent Contributing Editor, Speaker and Panelist, sharing her insights on topics ranging from beauty to business. Committed to championing and supporting women, Amy serves as a Business Mentor to early stage companies within the XRC Ventures' portfolio as well as female leaders and budding entrepreneurs.
"Skincare Business Specialist | Helping Brands Thrive with Targeted Strategies | SEO Expert"
6 个月Navigating the digital marketplace can be daunting, but your 12 Low Cost High Impact Strategies to Increase eCommerce Sales promise a beacon of hope for brands seeking growth without draining resources.
Brand Marketing + Comms Consultant ? I help beauty brands become category leaders.
6 个月Love this, can't wait to read the rest!
Business & Marketing Leader | brand, strategy, commercial, digital, product
6 个月Ooof, all of this is a lot, and we are all dealing with it right now. Loved Part 1...looking forward to more of your take on some effective strategies to combat the realities of today's marketplace!