Crown Street, Wollongong, 2500
Crown Street, Wollongong, 2500
Crown Street, Wollongong, 2500
One of the most significant advantages of tapping into ecommerce is that your physical store does not limit you. If your location is difficult to reach, it's okay if you're selling online.
This is one of the best ways e-commerce puts you on a level playing field with big stores. However, this isn't to say that ecommerce is easy.
Below, we've listed down the ways how ecommerce helps you grow your business:
Brick-and-mortar stores usually have their opening and closing times. Most physical stores could only afford to be open someday, as it takes up a lot of resources to do so.
Moreover, these days, many people go online during the later hours of the day, browsing in the comfort of their homes. Ecommerce allows you to open your store 27/7, allowing shoppers to shop at their convenience.
Unlike brick-and-mortar stores, ecommerce sites aren't restricted to a specific geographical area. Instead, having an ecommerce site allows you to sell your products and services globally.
It allows you to increase your number of customers globally since customers from around the world can patronise your business no matter the time zone.
Although only some things will eventually end up in a purchase, approximately 87 % of people start shopping online. They usually browse, review prices, compare various services, etc. These people are your potential customers.
Although brick-and-mortar stores are more confined to their location, in ecommerce stores, you're not limited by geographical borders. You could sell to anyone with a single click on your site.
You must keep your site secure by choosing the right hosting solution and penetration testing. Hosting will ensure that your content is reliable and secure.
You might also be using various channels to reach out to multiple audiences. You have a high chance of looking for new demographics on social media. One of the best ways you can do this is via Instagram marketing.
Although most leads would never reach your business if they use a search engine because they're not actively looking for your product, there's a high chance that they may do so by finding you on social media.
A solid online presence isn't optional anymore. It's expected. Your ecommerce site is a great tool that you can use to tell your brand story and build a solid online reputation.
Nine of ten people use the internet to look up reviews and research products before buying, which is the digital equivalent of word-of-mouth marketing.
You can also use Google AdWords for PPC ads, utilise email and social media marketing, or integrate blog posts into your content marketing strategy. Most of these strategies are far more cost-effective than your conventional marketing channels.
Moreover, these technologies bring in a unique opportunity to use strategies like ecommerce upselling, product bundling, seasonal sales, and other events that need to be added to your traditional marketing efforts.
If you use these tactics with a careful strategy and thoughtful implementation, you'll be able to scale much faster, get sales quicker, and eventually bring in more profits in the long run.
Another benefit of ecommerce is that you can use impulse buying to your advantage, as most people who shop online are more inclined to do so. If you want to start your own ecommerce website, utilising stunning visuals, vibrant or filled with human emotion, makes it easier to create ads that lead to impulse buys.
In the same way, you could also use various scarcity tactics like showing your products in limited quantities or countdown timers to encourage more people to purchase. Moreover, if you have a new or limited-edition item in your inventory, you might also consider testing it out for impulse buys to check how well people respond.
This is because most impulse buyers are more social and concerned about their images. They may purchase from you as an opportunity to boast about getting the latest product before anyone else could.
Finally, it's also worth discussing that analytics and insightful metrics help boost your business' performance and results in the long run.
Unlike traditional retail, most ecommerce sites give you invaluable insights into your customers' actions and behaviour. Doing so allows you to make better business decisions.
So, there you have it. Based on the benefits of an ecommerce site to both customers and businesses, there's no doubt that the ecommerce industry is moving forward.
If you have an online store, you're in a prime position now because you can quickly meet your customers' demands by purchasing products and services online.
Website Design - designed for your audience and to be found on Google Searches
SEO - unlock relevant and increased SEO traffic.
Paid Media - effective paid strategies with a clear ROI.
Love My Online Marketing has 10+ Years of working alongside businesses and helping them grow. Discuss your options for online success from website Design and Development through to Google Marketing. Book a Free 20min Discovery Call.
Love My Online Marketing is determined to make a business grow. Our only question is, will it be yours?
All Rights Reserved | Love My Online Marketing Pty Ltd. I ABN 58 627 183 037