How to Update Your E-Commerce Marketing Strategy in 8 Easy Steps

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September 2, 2021

Ecommerce requires constant innovation, and it's here to stay. The saying "out with the old and in with the new" couldn't be more fitting for any other company than eCommerce. Things can always go wrong, whether it's your sluggish stock or your eCommerce marketing plan. That's when you should try something new in terms of digital marketing.

If you're ready to get your hands dirty and give your ecommerce digital marketing plan a fresh update, here are eight ideas for doing so.

Is your eCommerce marketing plan not working? Do a thorough inspection.

Before you continue, it's important to understand where your ecommerce company's marketing approach is at. But how can you tell whether your strategy is working? Here are some of the most common indicators that your campaign is not effective.

  • Assess Performance — The first step is to look into analytics and see whether your marketing efforts are effective. Conversion rate, average order value, net profit, and cart abandonment rate are some of the critical performance indicators that you might want to track and analyze depending on your marketing goal. If the baselines for these KPIs are setting, it's an indication that your campaigns are not effective.
  • Understand Your Audience — Many eCommerce firms have difficulty in attracting the proper audience. Despite having the goal to catch salmon, they end up catching minnows. Is your business one of them? In this situation, understanding your consumers and getting a sense of their reasons might be the difference.
  • Losing Leads — It's quite common for eCommerce enterprises to lose leads. However, a large number of 'leads lost' signals the need for a marketing overhaul. In such cases, promotional efforts must shift toward informing and entertaining potential consumers.

8 Steps to fix your eCommerce marketing strategy

So, you've assessed your current situation and are ready to up-skill. Here's a list of eight important steps that should help you freshen up your ecommerce marketing approach:

1.  Make Use Of Social Media Sites  

It goes without saying social media is here to stay. So, take advantage by making use of social media sites for your next ecommerce marketing campaign. You can use well-known sites such as Facebook, Twitter and Pinterest. However, it's important to know that not every social media site is effective for every business.

For example, LinkedIn works better in the B2B sector while Instagram is more popular in the beauty industry. So keep this in mind when you're creating your strategy.

Do you want more conversions and highly relevant traffic? Facebook advertisements may assist you in achieving both by increasing repeat purchases. So, what kind of Facebook advertising should you use? Take advantage of Facebook's own insights tool or work with a trusted digital marketing agency to find out.

2.  Change What Is Out-Dated Or Wrong  

It's common knowledge that things can go wrong in ecommerce. That's why it's important to keep a close eye on what is happening with your campaigns and make necessary changes accordingly. After all, a business needs to evolve with the times.

If you're satisfied with the performance of your ecommerce marketing plan but want to freshen up, make use of tools such as Google Trends or Keyword Planner to see what people are looking for. Based on this information, you can change the focus of your campaigns and update your digital marketing strategy accordingly.

For example, if you're selling clothing, it could be a good idea to invest in Facebook ads based on the keyword 'fashion'.

3.  Use Your Resources Wisely  

With so much information available online, it's easy to think you know everything already about digital marketing.

From using techniques that are more 'out-dated' or even including the wrong keywords, there are many ways in which your eCommerce marketing strategy can go wrong. That's why it's important to trust a reputable digital agency when you want to improve. For example, if you need support with Google Ads or Facebook marketing, it's highly recommended you work with a digital marketing agency.

Trusted agencies understand the latest tools and strategies, so you'll be giving your business an advantage right from the start.

4.  Develop Your Own Brand  

Without a doubt, there are many benefits to having a brand online. Plus, developing your brand is an essential part of building a loyal customer base.

With the use of strong visuals and well-written content, it's vital to engage your potential customers. In terms of eCommerce marketing, this can be achieved by creating great offers, contests and free giveaways in order to draw attention.

For example, every time you run a blog post, make it a goal to increase traffic and build your reputation as an expert in the industry.

5.  Outsource Your Work  

Whether you want help with Google Ads or Instagram marketing, outsourcing work can be a fantastic decision. That's because this allows you to focus on what is really important like customer service while having the peace of mind that your eCommerce marketing is in the hands of a professional.

Your customers should be at the heart of everything you do, so make sure their needs are always met and they'll be more likely to make an online purchase from you again in the future.

Whether it's through agency relationships or developing your own team, a strong eCommerce marketing strategy requires teamwork to succeed.

6.  Develop An Efficient Shopping Process  

One of the main reasons people choose to shop online is because they think it will save time. And, with so much choice available, many people browse through store after store in search for discounts and offers. However, if your website isn't up to scratch, you may find that this doesn't convert into purchases.

  • Easy navigation: With so much competition, it's vital that your website looks professional and easy to navigate. After all, you only have a few seconds to convince people to buy something from you.
  • Offer free shipping: This is another popular incentive and one which can increase sales by as much as 30 percent! Plus, it doesn't cost a fortune to offer this benefit. For example, platforms like Shopify include free shipping as part of their service.
  • Be mobile-friendly: The amount of people accessing the internet via their mobile devices is increasing every day. That's why eCommerce websites need to be responsive and optimized for both iOS and Android platforms.

7. Focus on upselling and cross-selling  

A great way to boost your sales, both upselling and cross-selling is about getting people to spend a little more money with you. Of course, there are ethical ways of doing this and some tactics which should be avoided at all costs.

Upselling is essentially encouraging customers to increase the value of their purchase by buying a better product. If people are buying beauty products, for example, you might suggest additional items like makeup brushes that offer added value for money.

Cross-selling is similar to upselling in that it encourages customers to buy different types of items. However, this is based on what they have already bought and so offers complementary goods.

For example, if a customer buys running trainers from your store, you could recommend other products for athletes such as protein supplements or compression leggings.

8. With social proof in emails, you may increase conversions.

If done correctly, social proof can be a highly effective ecommerce marketing tactic. This is where you include testimonials and reviews in order to convince people that your products are worth buying.

For example, if someone wants to buy running shoes online, they may read the customer reviews which have been left by previous buyers. If your reviews are positive, this gives the customer increased confidence in your product.

Personalized emails encourage people to buy from you because they feel more important and appreciated as individuals. That's why it's so important to get email automation set up correctly so that every message is sent directly to the right person at the right time.

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