How to increase sale of seller through e-commerce marketplace?
It is not easy to build a reputation and garner customers even through e-commerce portals like AMAZON. The seller does need a strategy to ensure that he remains the favored choice.
The following are key points which every seller on an e-commerce market can keep in mind to increase their sales:
- Competitor’s Analysis:
The first step before you start promoting your products on the e-commerce market is to understand the working of the marketplace, others offering the same products or services (i.e. your competitors) and the way competitors have positioned their products on sale on the e-commerce platform. Moreover, regularly reviewing competitors’ products can make you vigilant to the best practices and promotional prospects. Furthermore, you can check on how the competitors list their products, what kind of product content do that write, how frequently they change prices of their products and how do they reply to their customer’s reviews. Besides, you have to be instinctive as to the moment the products of the competitors are out of stock, it would be a great opportunity for you to either lower the prices of your products or may increase the advertisements of your products.
Pricing your product is a tough task in the e-commerce market. There would be many other competitors selling the same product on a lower or a higher rate. You have to decide the right pricing of a particular product. Another option is bundled your product with offers so that the customers would prefer buying your product over the competitor’s products. e.g. In case, you are selling a mobile phone on the e-commerce market, you can provide a scratch guard and mobile cover together at a startling price.
- Product Listings:
When you are putting your product on the e-commerce market for selling you have to make it a point that the product titles are striking and concise. It is also important to post pictures of products and from varied angles. These pictures must be clear. Product descriptions should be short and precise as no customers would prefer reading longer descriptions. Keywords used for products should be appealing.
- Boosting Reviews:
The reviews from the customers are equally important for all the products that they buy from the seller’s e-commerce market. Also, the replies to the customers should be given on time irrespective of whether the review is a positive or a negative one.
- Taking Advantages of Promotions:
Promoting your products helps to increase the sale of the products on a large scale. Though there is no guarantee that this customer will provide a positive review, it is a great opportunity for sellers to advertise.
E-commerce platform can be a very competitive and complex marketplace, but if you spend some time elevating and endorsing your listings, you will be in a much better spot to compete and improve your sales. Thus, focus on improving product quality, product pricing and become a credible seller!!!! Good luck with selling.