How to develop an ecommerce marketing strategy
According to data, 58.4% of working-age Internet users buy something online every week. If you’ve started an ecommerce business, this should be music to your ears. It means there’s a ready market to buy your products.
However, to make the most of this opportunity, you must first develop an ecommerce marketing strategy. A marketing strategy helps you improve brand recognition, drive consistent traffic to your ecommerce website, and encourage more repeat and profitable orders.
In this guide, we will share a step-by-step guide on how to develop an effective eCommerce marketing strategy. We have done extensive research and put together a practical guide that will give your online retail business the boost it needs to thrive. Let’s get into it.
1. Define your goals
Doing ecommerce marketing without SMART objectives is like shooting in the dark. You will waste your resources looking in the wrong place, and cameroon phone number list your business will not grow. So, first of all, set your ecommerce marketing goals. Here are some of the marketing goals you can choose to focus on:
Increase traffic to your website
Improve referral traffic
Improve brand recognition
Increase the number of repeat buyers
Increase total revenue
You also need to decide on the key performance indicator (KPI) for each goal. What will success look like once you put your eCommerce marketing strategy into action? You’ll need KPIs so you can measure performance and determine if your tactics are working.
2. Research your target audience
Next, identify your target audience and create buyer personas. Conduct in-depth research on your audience and determine who your ideal customer a/b testing for e-commerce is based on the products you offer.
If you already have a social bw lists media following or a solid subscriber list, the best way to get to know your ideal customer better would be through a survey. If you’re just starting out, define who you want your ideal customer to be. Also, look at companies that offer similar products and who they target.