There are around 12-24 million eCommerce websites active today. Now, the competition is quite high, but so is the number of people who buy from eCommerce businesses. According to research, an estimated 218 million Americans will purchase stuff from eCommerce websites.
Whereas the eCommerce sales worldwide will accumulate around $5.7 trillion. So, how do you strategize an eCommerce business for success in such high competition and against such high margins? The answer is; by creating eCommerce strategies for sales and conversions.
So, what will you do, and how will you do it? That’s what we’re to figure out, as we’ll talk about some of the necessary eCommerce marketing strategies. So, let’s get started.
Understanding the Digital Marketplace
The digital marketplace is filled with competition. Major players like Amazon, Alibaba/AliExpress, eBay, Etsy, etc., all dominate the landscape. However, there are various eCommerce models, such as B2C (business to consumer), B2B (business to business), and C2C (consumer to consumer).
These models indicate how well a business can impact its particular niche. In most cases, eCommerce businesses will be B2B/B2C. That’s why the best eCommerce marketing strategies focus on the following:
- Providing seamless experiences in mobile apps;
- Focusing on robust and secure payment options, data privacy, etc.;
- Use of social media and organic marketing to draw sales
- And focusing on customization and personalization.
Security and safety are of paramount importance, particularly in the realm of eCommerce, as the digital landscape is susceptible to various threats. In 2020, around 38% of online scams were related to eCommerce fraud. That’s why one of eCommerce’s growth strategies is to focus on security and safety—as it happens to be one of the top challenges faced by the industry. Implementing robust security measures, similar to the principles of the safety triangle, is critical to ensuring a safe and trustworthy online shopping environment.
4 Essentials of Optimizing the Online Shopping Experience
Optimizing any online shopping experience is an important part of the whole experience. It’s also one of the priorities in most eCommerce SEO strategies. However, optimization is more than just about marketing, as it should focus on these four essentials:
1. Responsive and User-Friendly Website Design
Design experts say that 73% of the time, it’s an unresponsive website/design that causes a customer to see the existence. That means the business should always focus on providing responsive and user-friendly website design. They should focus on:
- Creating a website design for all platforms;
- Focus on device adaptability;
- And integrate APIs with platform responsiveness in mind.
This way, the website’s design will be user-friendly and responsive to the devices.
2. Streamlined Navigation and Intuitive Product Categories
Streamlining website or app navigation is another priority for eCommerce businesses. Now, intuitive product categories are one of the leading eCommerce pricing strategies. Because even if the product has great features, if it doesn’t appear in the right category, it won’t make sales.
That’s why the website/app should focus on streamlining the navigation for users. And it should focus on categorizing products so that customers can find them easily. This is one of the leading factors that drive leads and converts them into sales.
3. High-Quality Product Images and Descriptions
Experts say that around 76% of customers like to read product specifications before making a purchase. Now, a lot of people are visual learners, and providing this information in high-quality product images and descriptions is necessary.
One of the leading eCommerce email marketing strategies is to provide said images and descriptions through emails. That’s why focusing on high-quality images and descriptions can drive conversions.
4. Implementing Customer Reviews and Ratings
Customer reviews and ratings are a major force in driving sales and conversions. According to experts, around 99% of customers focus on reviews before hitting the purchase button. That’s why a lot of brands and businesses focus on these customer reviews and testimonials on their websites and apps.
It’ll give an insight into potential customers and help you sell specific services or products. Besides, it’s one of equally important B2B marketing strategies, as it’s necessary for B2C eCommerce businesses. Thus, focusing on the review and feedback sections can help drive conversions.
3 Keys to Implementing Effective SEO Strategies for eCommerce
One great thing about eCommerce is that SEO for these businesses is quite straightforward. Since it’s about products and services, people come looking for various things, and your optimization should just tend to that to drive conversions.
Here are three key essentials of SEO that an eCommerce business should focus on:
1. Keyword Research and Optimization
Keyword research and optimization is one of the key practices in most eCommerce SEO strategies. You need to focus on finding the right keywords and optimizing them accordingly. This is one of the essential practices in most SEO strategies.
However, as a service or product-based eCommerce business, you should focus on LSI, long-tail, and other types of keywords. This way, you will include all the possible search queries.
2. Creating High-Quality and Relevant Content
High-quality and relevant content simply means producing text, images, or videos that provide informative value. This content should also be actionable and offer something of value to the customer. So, to keep things simple, you will have to:
- Write high-quality and readable text;
- Focus on using keywords properly;
- Keep it simple and straightforward;
- And try to be informative and write actionable text.
These are the reasons why it’s essential that you focus on creating high-quality content and make it a part of your content-creation routine.
3. Building Backlinks and Domain Authority
Building backlinks and domain authority is another key essential for eCommerce businesses. Now, these link building strategies for eCommerce aren’t exactly rocket science, nor do they require a lot of work. All you need to do is focus on the following:
- Creating skyscraper content;
- Focusing on removing dead links within your domain;
- Creating an interlinking strategy;
- Building backlinks with reputable blogs and websites;
- And using guest blogging/posting techniques.,
This way, you will build a brand/domain authority that’ll make your website/blog appear higher in SERP (Search Engine Result Pages).
These are some of the top necessities in driving sales and conversion in the digital marketplace. Any eCommerce business will benefit from these strategies as long as they prioritize quality in content, website, and products/services.