7 tips to address declining ecommerce revenue
DESCRIPTION
For many online retailers, business conditions are tough. What do you do when your sales are dropping and you can’t work out how to reverse the slide? Here are 7 ideas to help your business to generate great revenue.TRANSCRIPT
7 Tips to Address Declining Ecommerce Revenue Presentation By:
Unitel Direct :
www.uniteldirect.co.uk
1. Ask for Feedback from Customers
Feedback from customers not only helps your business but also makes excellent copy for search engines, especially when the customers use descriptive, search-friendly terms.
2. Refresh your Copy
Have a fresh look at your product descriptions. If you found something new launched or happening, share it with the audience so that Google will not penalize you.
3. Upgrade your SEO
Upgrade your SEO from simple link building to new social media trends like Twitter, Facebook, Pinterest, Google + etc. Social media is playing important roll in the product selling.
4. Bundle It
Bundling is all too easy. Try to bundle similar kind of products to sell more. For example battery chargers and smartphones are of similar type and you can bundle them easily.
5. Contact your Drop Shippers
If you already have drop shippers that represent your product and accept orders — but keep no stock — contact them.
6. Find a Wholesaler
If you sell products that are essentially commodities, you should easily find a wholesaler who will buy your inventory.
7. Call a Business Specialist
Hire a marketing expert, a retail specialist, or a business coach who can see problems that are preventing consumers from buying your products.