Wednesday, October 2, 2019

How to grow your e-commerce business







1) HOW TO GROW YOUR E-COMMERCE BUSINESS:-

I am sure you have caught the statistics that more than 80% of all start-ups fail within the first year. This means that most businesses started will break down within 12 months. However, only 3% of all start-ups achieve to be acquired or go public. The fact is that if you want your e-commerce to be captured or go public you must invest a lot of time and money to grow it. Newly Flipkart was acquired by Walmart for 16 billion. There is a reason why Flipkart was acquired. The main reason is the size and increase of Flipkart. E-commerce businesses require a lot of marketing in order for them to be successful. Marketing is the key to the success of all e-commerce business.

2) HOW TO GROW YOUR E-COMMERCE BUSINESS BY MARKETING IT WELL:-

There are certain e-commerce marketing approach that have been proven to work rather well in increasing sales. One such form of marketing is criterion marketing. Referral marketing involves the e-commerce business holder depending on referrals in order to increase sales. In exchange, he gives the person who introduce his friends a reward such as money. This form of marketing has proven especially active in financial startups. Paypal and Payoneer are to companies who used the system in to grow their customer base.

3) HOW TO GROW YOUR E-COMMERCE BUSINESS THROUGH SOCIAL MEDIA MARKETING:-

Social media marketing is the most accepted form of marketing this makes it asset to use social media to market your brand and products. Social media has the largest number of people distribution stuff with their friends and family. There are two ways to market businesses on social media. The first is paid advertising. This involves targeting a convinced audience. Then there is sharing posts with friends and family. This form of marketing is good for small businesses.




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