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27 Entrepreneurs Share Tips on Building an Ecommerce Business

Hearpreneur

As soon as you have 2-3 months' worth of sales data to work with, use a formula to calculate stock reorder levels to ensure you always have stock ready to go, especially if you're promoting your products on platforms known for viral content, like TikTok. #13- Every element on the page needs to be tuned to help convert visits into sales.

eCommerce 133
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Completing your first capital raise: ten lessons for startups

NZ Entrepreneur

Kiwi inventory forecasting software StockTrim achieved international sales in the UK, Australia and US immediately after launching in 2017. In early 2020, Sutton set up meetings through cold and warm outreach over email, LinkedIn, and networking through angel and tech start-up groups.

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Significant Percentage Of Global Email Traffic Is Spam: Cloudmark

YoungUpstarts

Don’t we all hate email or SMS spam – those meaningless, time-wasting pieces of unsolicited digital miscommunication masquerading as marketing messages, for example. The trouble is, much of the volume of emails sent around the world actually comprises of spam. Global Ranking for Volume of Email Spam. Philippines.

Email 157
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27 Entrepreneurs Explain How Technology Will Affect Their Business Tomorrow

Hearpreneur

Software like customer relationship management (CRM) can help firms keep tabs on their customers' activity so they can better target their advertising and improve their sales. Sales enablement tracks consumer buying interactions and analyses user activity. Thanks to Mick Humphreys, Z Grills Australia !

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How To Turn Your Social Media Traffic Into e-Commerce Revenue

YoungUpstarts

Here are practical tips for turning likes, comments and tags into new sales: Share engaging content. The best way to get your target audience to respond through social media platform is to offer social media exclusives like discounts, sales and giveaways that are tailored specifically for purchases from a given platform.

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Increase Repeat Purchases with Cohort Analysis

ConversionXL

As a result: They’re converted via email. This post gives you a data-backed approach to win more repeat sales. The most telling cohort, perhaps, is which promotion locked in the sale. Even if the first sale is at no margin—as often happens in competitive niches—the next ones offset the loss. By month of first order.

Retention 126
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Biz Dev Tips for Startups – The ‘First Meeting’

VC Cafe

Here are a few lessons I learnt from having hundreds of business meetings in Australia, Chile, and the USA. However most of the time it won’t be an ‘easy’ sale. ’ These questions also give me an approximate timeline of how long the ‘sale’ will take, and I can plan accordingly. Following up.

Chile 165