Remove eCommerce Remove Framework Remove Retention Remove Sales
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7 High-Performing Ecommerce Marketing Strategies for 2022

ConversionXL

Not for lack of competition, but as the result of a carefully designed ecommerce marketing strategy. In this article, you’ll learn how to build a powerful ecommerce marketing strategy using customer research and messaging development, and how to use it to determine which marketing tactics will best reach your target audience.

eCommerce 129
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How to Build a Memorable eCommerce Brand — 2021 Branding Guide

Up and Running

eCommerce businesses are especially thriving, thanks to a dramatic shift in online shopping, with an average of 3.4+ billion eCommerce users and over $4.2 Trillion in sales worldwide. . Now, increased opportunity also means increased competition, which can make it difficult for new eCommerce businesses to set themselves apart.

eCommerce 149
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9 Common Things that Stunt Business Growth (and What to Do about Them)

ConversionXL

They can be everywhere—between departments, such as the marketing and sales department, or within departments. If not, remember these are professionals that you’re paying, so put a framework in place that enables them to work together and maximizes the value of their efforts. Create a fair tracking and attribution framework.

Metrics 132
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9 Lessons Learned from Running a CRO Agency

ConversionXL

If leads come to you, then the sales call that follows is now about qualification. When taking on a potential client, ask yourself, “If we improve their sales by 1%, what does that mean to their business?” But if your company does $1B a year in annual sales, you’re going to achieve a crazy ROI with only a 1% increase.

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What Does the Future Hold for Conversion Optimization?

ConversionXL

More and more, people are using experimentation as a way to optimise not just sales – but also pricing, functionality, and product. Using the knowledge gained from this type of CRO process can optimize your sales teams, retention teams and even your shipping methods. Conversion is expanding beyond just the core user experience.

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Using Cohort Analysis for Conversion Optimization

ConversionXL

How does retention differ among different acquisition channels? Here’s Lincoln Murphy from Sixteen Ventures explaining: Lincoln Murphy: There are lots of ways to leverage cohort analysis, but one of my favorites is as inputs for your Ideal Customer Profile framework. Did one group see one marketing message that the other didn’t?

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The Growth Marketing Process: How to Shake Your Growth Hack Addiction

ConversionXL

For example, in a year, do you think you can increase your retention by 30%? via Ecommerce Growth Masterclass). Drew talks about this in the sense of ecommerce (number of customers, AOV and retention), but you’ll find that the formula works for a lot of other business models as well.