How to grow eCommerce: Best practices and strategies for growing your online store

eCommerce is constantly changing and to stay ahead you need to innovate.

How to grow eCommerce: Best practices and strategies for growing your online store
Written by
Markus Lorenz
Published on
Aug 19, 2024
Category
Strategy

Growing an ecommerce business can be a wild ride. A common mistake made by new eCommerce businesses is over-relying on advertising without considering organic growth and understanding the buying process, which is crucial to effectively sell online. Whether you’re a newbie or a seasoned business owner looking to expand your reach, knowing the best practices and strategies is key. Here’s the ultimate guide to help you on your ecommerce journey.

User experience

A good user experience is the foundation of success on any ecommerce platform. Your website should be easy to use, look good and work on all devices. Consider:

  • Mobile Optimization: With mobile commerce on the rise, make sure your website is fully mobile optimised. Responsive design and fast loading pages are key.
  • Intuitive Navigation: Simplify the user journey with clear menus, search and filters to help customers find products fast. Understanding your target audience can further enhance navigation design.
  • High Res Images and Descriptions: Use high res images and detailed product descriptions to give customers a clear understanding of what they’re buying.

Use data and analytics

Data is your best friend when it comes to making decisions. Use analytics to track visitor behaviour, sales trends and customer preferences. Focus on:

  • Google Analytics: Monitor traffic sources, conversion rates and user behaviour to see where you can improve. Tracking the performance of landing pages is crucial to improve search engine rankings and drive sales.
  • Customer Segmentation: Analyse purchase patterns to segment your audience and market to different customer groups. First-party data, which includes customer and purchase information owned by the brand, is crucial for better audience understanding and targeted marketing strategies.
  • A/B Testing: Test different website elements (headlines, CTAs, product layouts etc) to see what works.

SEO and Content Marketing

Search Engine Optimisation (SEO) and content marketing are key to driving organic traffic to your site. Here’s how to increase your online visibility:

  • Keyword Research: Research and add relevant keywords to your product descriptions, blog posts and meta tags to improve search rankings. Effective keyword research and content marketing strategies can significantly increase ecommerce sales.
  • Quality Content: Create content like blog posts, guides and videos that answer customer questions and needs. This not only improves SEO but also positions your brand as an authority in your industry. Engaging content can help sell products by addressing customer needs and showcasing product benefits.
  • Backlink Building: Get backlinks from other reputable sites to increase your domain authority and drive more traffic to your site.

Customer Service

Great customer service can be your differentiator and build customer loyalty. Try:

  • Live Chat and Support: Offer support through live chat or messaging apps to help customers and resolve issues fast. Great customer service can help in attracting and retaining loyal customers, which is crucial for long-term success.
  • Clear Return Policies: Provide clear and hassle free return and exchange policies to build trust and drive sales.
  • Customer Feedback: Collect and act on customer feedback to improve products, services and overall shopping experience.

Multi-Channel selling

Sell through multiple channels to reach a wider audience. Try:

  • Marketplaces: List your products on marketplaces like Amazon, eBay or Etsy to tap into their customer base.
  • Social Media: Use platforms like Instagram, Facebook and Pinterest for social commerce where customers can buy from posts. Social media platforms can be particularly effective in attracting new customers, especially during peak shopping times like holidays.
  • Email Marketing: Build and nurture an email list to send targeted offers, promotions and updates to drive repeat business.

Sales funnel

  • Cart Abandonment: Implement strategies to recover abandoned carts such as sending reminder emails or offering incentives to complete the purchase.
  • Simplified Checkout: Reduce friction in the checkout process by minimising steps and offering multiple payment options.
  • Upselling and Cross-Selling: Use product recommendations and bundle offers to increase average order value.

Well-optimized product pages with detailed descriptions, clear visuals, and customer reviews can significantly improve conversion rates.

Paid advertising

Paid advertising can drive targeted traffic and sales. Try:

  • Pay-Per-Click (PPC) Advertising: Invest in PPC campaigns on Google Ads to target specific keywords and get high intent traffic. PPC advertising can be an effective strategy to boost ecommerce sales by targeting specific keywords and high-intent traffic.
  • Social Media Ads: Run targeted ads on social media to reach your ideal audience based on demographics, interests and behaviour.
  • Retargeting: Use retargeting ads to re-engage visitors who have previously visited your site but didn’t make a purchase.

Logistics and fulfilment

Logistics and Fulfilment are key to customer satisfaction. Make sure:

  • Fast Shipping: Offer multiple shipping options and ensure timely delivery to improve customer experience.
  • Inventory Management: Implement inventory management to avoid stockouts or overstock situations.
  • Order Tracking: Provide order tracking so customers can see where their shipments are and when they will arrive.

Innovate and adapt

E-commerce is constantly changing and to stay ahead you need to innovate. Stay up to date with industry trends, technologies and consumer behaviour to adapt and thrive.

  • Try New Technologies: Experiment with new technologies like AI and AR to improve the shopping experience and streamline operations.
  • Monitor Competitors: Keep an eye on competitors to find trends and opportunities to differentiate. Leveraging social platforms like Twitter, Facebook, and Instagram can help build a community around the brand and enhance customer loyalty.

By doing this you’ll be on your way to growing your eCommerce business and long term success.