7 SECRETS TO TO INCREASE YOUR E-COMMERCE BUSINESS REVENUE EFFECTIVELY
Online business is a method to help businesses using office for lease in District 2 to maintain and increase their income during covid pandemic. So how to have a successful business?
Secrets to boost E-commerce revenue when renting an office for lease in District 2
Table of contents
1. Looking for a source of quality goods
2. Use online sales channels
3. Competitor Research
4. Invest in marketing
5. Run strategic promotions
6. Provide as many payment options as possible
7. Always focus on customer care
With the development of the Internet, many people choose to start an online business. By selling this way, employees at businesses renting offices in District 2
can cut down a lot of expenses without hurting the image of their startup. In addition, entrepreneurs don’t have to spend money on opening a store and still be able to reach many customers. However, being chosen by many people makes online business become more and more increasingly competitive. So, how to be successful and boost profitability on this path? If you’re looking for ways to grow your e-commerce business, here are 7 essential ways which are recommended by Arental to increase your e-commerce revenue.
E-commerce boom during the COVID-19 brings new business opportunities.
1. Looking for a source of quality goods
Quality is an extremely important factor because it determines the failure or success when the employees of the business are using the form of small office rental to start an online business. A good product will bring customers trust and satisfaction, and at the same time create a reputation for the business itself.
To achieve this, it is imperative that you find a clear and reputable and quality source of goods. Careful selection helps to choose the right products at the right price. Moreover, it also protects you from risks such as: overpriced, delivery rejection, etc…
2. Use online sales channels
In the era of "everything is connected by the Internet", you just make the most of sales tools. When you sell across multiple channels — online, offline, and anywhere in between — you’re offering multiple touch points for customers to interact with your brand. Social media has become an incredible marketing tool for e-commerce businesses. Not only using your personal account to post for sale on Facebook, Instagram, Youtube, Tiktok, etc… but you can also expand your network through many e-commerce platforms such as Shopee, Lazada, Tiki, etc…
Besides, whenever you have a decent capital, you can invest in another potential sales channel, a website. To achieve the desired effect, when designing a website, it is necessary to meet the following factors: impressive offers, full self-introduction, contact information, beautiful and eye-catching graphics or images, save user information, clear navigation, shopping cart and payment information show details, etc…
3. Competitor Research
In order to gain market share in the process of entering the market, you need to find out how many competitors you currently have and whether their products are diverse, how are the marketing methods, how are the quality. Then, plan and create a more unique assurance strategy that delivers more value. If you do well, you will quickly succeed.
To compete with other businesses on the same trading floor, it is necessary to have a good strategy.
4. Invest in marketing
In order to compete with competitors in the market, you need to show your difference. In addition, it is very important that you have appropriate and effective marketing strategies. Focus on investing more in advertising to reach your target audience, thereby increasing attraction and motivating them to buy from your business.
At the same time, you also need to invest in quality product images. There’s compelling evidence that well-presented food actually tastes better than sloppily plated dishes. Given how important appearance is in relation to how we perceive things (including other people), it stands to reason that investing in quality product photography will have a similar effect on visitors to your site.
Regardless of what you sell, include high-quality images of your products – no tiny thumbnails or poorly lit shots taken in your stockroom. Also be sure to include a wide range of images. It might seem overkill to include shots of your products from every conceivable angle, but try it out. People love to kick a product’s proverbial tires before buying, especially online. This will bring synchronization and professionalism to your online store.
5. Run strategic promotions
The common psychology of customers is to choose booths with lots of promotional information. Employees working at the office building for lease in District 2 can create many different programs such as: item discounts, gifts when buying more products, free shipping, and flash sales on e-commerce channels.
Along with that, building a plan to create minigames or give away also helps stimulate demand for your customers. Give clear information about gifts, prizes and how to reward customers. This is an extremely effective online business secret so far.
6. Provide as many payment options as possible
The expansion of payment methods when buying products brings convenience to customers. Consumers who are employees of the business rent an office at A SPACE OFFICE have more choice than ever before in terms of how they actually pay for goods and services, and not everyone prefers to use Internet Banking. There are many other helpful methods: ship cod (pay directly when receiving goods), e-wallet, etc…
By offering more payment options, including newer services that are becoming increasingly popular on mobile, you’re making it easier for prospects to give you their money. Sure, it can be a hassle to optimize your site (and checkout process, as we discussed above) to include all these options, but doing so is a great way to increase online sales, particularly if your site has strong mobile traffic.
7. Always focus on customer care
Support and customer care in an enthusiastic and friendly manner or answering questions quickly and professionally plays a huge role in successful online business.
According to statistics, at least 36% of customers who have bought and used the product will come back many more times if the customer service team is always dedicated and takes care of them periodically. This can be done in many different ways such as: sending thanks or wishes gift cards on holidays, giving promotional vouchers for birthdays or special occasions, etc…
Customers have many options to shop, so retaining customers needs good service.
While the employees of the business renting offices at A SPACE OFFICE only choose an online business way to earn more income, applying and not ignoring any of the above tips will certainly help you reduce difficulties and achieve success on the business path.
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