Innovative Ways to Increase Your e-Commerce Business Revenue

E-Commerce business is growing and expanding every year. E-commerce business provides unlimited scaling potential. Over the world, e-commerce experiences annual growth of around 14 percent. The fastest way to increase e-commerce revenue is by increasing the conversion rate. In 2018, global online retail sales amounted to 2.8 trillion U.S. dollars and estimation shows the growth of up to 4.8 trillion U.S. dollars by 2021.

If you’re looking for ideas to grow your e-commerce business, here are 5 essential ways to increase your e-commerce revenue.

With a Fantastic Website

A strong, responsive website is important when it comes to generating revenue in the e-Commerce business. Today, shops are closing and online shopping is trending which means businesses should have a solid, user-friendly website where your target audience can shop easily. 

The website should be made according to market research. Your website should be fully polished and inviting as much audience.

 

Start a Marketing Campaign

A focus and authentic social media campaign help to increase brand awareness. The marketing campaign effect is immediate. Have a message that speaks to you and your target audience and promote it on social media, marketing, and advertising. This will create brand awareness and loyalty will also follow.

Get To Know Your Customer

Market research and determining information about your target audience is very important. By keeping your finger on the pulse of the customer, can get a better sense of what the customer wants.

Engage The Audience Through Social Media

Today social media is used by around 70% of individuals, so Social Media Marketing is essential for your branding. Social media is not just about selling it also includes sharing of customer feedback, photos, and funny stories that attract other people also. Three main reasons for social media success is authenticity, storytelling, and accessibility.

Create a Believable Status 

Loyal customers are your biggest asset, so it’s important to create real brand loyalty and believable status that will attract them. Loyal customers are 70% more reliable sources of information rather than traditional advertising.  

Make Your e-Commerce Website To m-Commerce

Mobile commerce is becoming an upcoming trend. Optimizing your website to mobile commerce requires a more proactive approach to improve your website’s mobile user experience. mCommerce is an ongoing process and will surely pay off as the mobile adoption rate continues to rise.

Automate Cash Discount 

One of the best ways to boost customer loyalty in a personalized and automated way is to set up frequent discount coupons. 

Wrap Up

Your business is either falling or growing. To make sure your business is always growing it’s important to understand your audience’s needs. I hope the above-mentioned ideas have given you the objective to increase your revenue. These ideas will surely boost up your business. If you have any other ideas you can share with us by mentioning them in our comment box.

How Virtual Team Can Be Beneficial During COVID-19?

In this pandemic situation, most of the businesses are working remotely. Business owners left with no option rather than closing their organization for sometimes or permanently. But during this period, outsourcing is one of the best options to choose from.

Outsourcing software, Web or Mobile App Development services can minimize the operational cost of your business. From profit maximization, this helps your organization become introduced to professional experts, on-time delivery of projects, efficiency, and productivity in the work done. This also enhances customer service, experience, and maintains the quality of the project in a tight budget and a fixed deadline.

How virtual team can help businesses to increase revenue:

Lessen Cost

Many business owners hire a virtual team for Development Services to cut costs. Outsourcing can reduce the cost up to 50% compared to depending on the in-house team. 

Expert Service

Outsourced development team deals with experts in the field. You are able to deal with the best IT and technology experts that can develop your project perfectly within the given time.

Work With a Managed Team

When you are outsourcing the work you don’t need to hire project managers, a remote team will do the work for you. Your in-house management can guide them about the project and daily compliance is done by them.

Save Time

In this pandemic time, Administrating, developing, and marketing can be a heavy task for an organization but hiring the virtual team can help you to focus on the marketing of the project and can be ahead of their competitors.

Proper Support

There can be an issue like the need for continuous support, maintenance, and updating of software, all can be maintained by the outsourcing organization. While you can focus on any other tasks.

Globally Choose The Expert

To develop a project you can handpick the experts from all over the world in case of outsourcing, locally hiring can be more expensive too.

Use The Latest Technology

Outsourcing organizations use cutting edge technology that is familiar with the latest languages, frameworks, and development tools. Spending dollars on software & training can be more expensive than hiring a handful of skilled experts on that.

Speed & Flexibility

Speed and flexibility are the key points for hiring a virtual team. The team spends less possible time and is flexible on any development project as they have already done the type of work and all the tasks involved.

Conclusion

Outsourcing is now becoming a fast-growing industry considering the current situation in mind. Hiring a virtual team can be beneficial for your business and help to increase revenue. Above mentioned points of how virtual teams can help businesses grow can be considered by businesses to expand their growth.

Aryavrat Infotech is one of the Best IT organizations for outsourcing in UAE. Outsourcing has become a key factor of the modern IT community, Business owners in search of product & service-based organization or maintenance & support for their existing products. We also assign manpower on a contract basis. We offer the standard services that give a competitive edge over others. If you’d like to explore that IT outsourcing is right for your organization, contact us on sales@aryausa.com