Ecommerce and RetailMarketing Infographics

14 Strategies for Increasing Revenue on Your Ecommerce Site

This morning we shared 7 strategies for increasing customer spending in your retail location. There are techniques that you should be deploying on your ecommerce site as well! Dan Wang shared an article on actions you can take to increase the value of your shopper’s carts at Shopify and ReferralCandy has illustrated those actions in this infographic.

14 Strategies for Increasing Revenue on Your Ecommerce Site

  1. Improve your store design by collecting feedback and testing theme changes.
  2. Make an Exit Offer to persuade visitors from converting before they leave.
  3. Use Email Prudently to drive traffic to your store and generate sales better than social media.
  4. Keep in Touch Often by sending out regular newsletters with deals and discounts.
  5. Optimize Ad-Spending by testing and varying keywords to better target your campaigns.
  6. Leverage Social Proof by soliciting and maintaining great reviews and ratings on your products.
  7. Anticipate Future Sales by including items as out-of-stock to measure interest.
  8. Up-Sell Products by displaying related products that are in a similar price range.
  9. Reduce Cart Abandonment by using email and advertising recovery programs for visitors to return to their cart.
  10. Wishlist Reminders are email nudges that drive the person to make the purchase. Add sales or sold out info to increase interest.
  11. Include a Gifting Section with unique products. They typically increase profit margins!
  12. Launch a Facebook Store to sell directly to Facebook users and get wider exposure via social media.
  13. Engage with Instagram by running contests, showing behind the scenes work, and sharing photos of customers with your products.
  14. Promoting Word-Of-Mouth by finding and rewarding influencers who can reach your target audience.

With recent news of Apple Pay, I’d also add incorporation of methods that allow for easier browsing, shopping and purchasing via mobile may be one of the most important strategies today for driving more sales!

14-marketing-tactics-and-apps-to-execute-them

Douglas Karr

Douglas Karr is the founder of the Martech Zone and a recognized expert on digital transformation. Douglas has helped start several successful MarTech startups, has assisted in the due diligence of over $5 bil in Martech acquisitions and investments, and continues to launch his own platforms and services. He's a co-founder of Highbridge, a digital transformation consulting firm. Douglas is also a published author of a Dummie's guide and a business leadership book.

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