How to make a Profitable online store - PowerPoint PPT Presentation

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How to make a Profitable online store

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Creating an online store is much more cost-effective than maintaining the physical store as it saves the allied expenses. By smartly selecting an E-commerce development company & prioritizing the list of functionalities we can certainly get a desirable online store for our brand thoroughly. – PowerPoint PPT presentation

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Title: How to make a Profitable online store


1
How to make
a profitable online store Creating an online
store can be a great way to make money. But how
do you make sure your store is profitable?
2
Sell products that
are in demand
3
Create Your
Own Identity Create ideal branding elements like
logo, colors and mascots for your online brand
Use your own prints and branding on
packaging. Create avenues to make your brand
visible through social media.
4
Identify Your
Audience Knowing your audience is one of the
most important aspects of ecommerce business. It
helps you Customise offerings, create combo
products.
5
Price your products
competitively CompetitiVe pricing of products is
important to attract customers as well as to
place your brand in right perspectiVe. Marking
offers and discounts is also one of the
important aspects of Ecommerce marketing in
competitiVe market.
6
Use effective
marketing strategies Produce original
content. Optimize your e-commerce website's
layout. Content marketing. Social media
marketing. Email marketing. Search engine
optimization (SEO) for ecommerce. Pay-per-click
advertising (PPC for ecommerce) Optimize for
mobile.
7
Offer excellent
customer service Maintain Consistent Customer
SerVice. Meet customers on their terms. DeVelop
a Multichannel Strategy. DeliVer Real-time
Support with LiVe Chat. Use Help Desk
Software. ProVide Self serVice-based Ecommerce
Support. LeVerage Customer ReViews to Boost Your
Brand.
8
Constantly update
  • your inventory
  • Quality inVentory management can help with
    inVentory forecasting. By tracking and managing
    your inVentory storage leVels and output flow,
    you will be better able to plan for demand. If
    you monitor your inVentory trends on a monthly,
    quarterly, or unit-to-unit basis you will likely
    be more able to keep up with sales

9
Determine Your
Shipping Strategy
The ecommerce shipping process encompasses
eVerything from receiVing and processing an
order to pick, pack and ship it for deliVery to
the customer's doorstep.
10
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