Technology revolutionizes the mechanics of selling.
Setting up an ecommerce store is simple enough. But, promoting it and driving relevant traffic to the shop is certainly no easy feat. This is even more difficult with a small marketing budget.
Can lowering your prices raise your balance sheet?
While it might seem counterintuitive, discounting to profit is an essential tool in today’s global ecommerce environment. This technique can coax tight-fisted consumers (and their dollars) through your virtual doors, straight to checkout. It’s a strategy employed by big retailers, and you can do it too — even without a team of MBAs.
You’ve probably heard about Instagram, the social networking tool that allows people to share photos. Fun? Sure, but can it help with marketing? Definitely! As with anything however, you need to take the right approach to get the conversions you want.
Most online retailers focus their social media efforts on the must-have sites: Twitter and Facebook, but there is one relative newcomer that all retailers need to be aware of: Pinterest.
So you’ve just finished carving your Jack O’ Lantern, but major retail stores are already piping holiday tunes into their PA systems. Why?
Best Buy’s acting CEO Mike Mikan made waves in the retail community when he announced bold plans to eliminate “showrooming” in his stores. Showrooming may keep big box retailers awake at night, but it doesn’t have to ruin your sleep. In fact, some inexpensive technology and a change in your customer service approach could help you ride the trend to bigger sales and enhanced customer loyalty.