Wed. Jul 8th, 2020

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3 major reasons why your online business is not growing and generating profits?

3 min read

With the world at your fingertips, many of us may think how easy it is to buy and receive anything, on-demand. Online shopping has left an indelible mark on the company that far exceeds the ability to buy an item at midnight in pajamas. Here are three of the biggest effects of e-commerce on the lives of consumers and the operation of businesses. If you sell a product online (without taking it into account), growth can be more difficult for you.

 

You are not social or digital-first :-

 

There have been significant changes in the way companies reach their customers. The brand-consumer interaction is no longer only through the means of mass communication. Digital marketing campaigns target people where they spend the most time – online. We are no longer reading email, social media, play online games, use apps, or even follow the news without being exposed to ads that fit our interests and buying habits.

 

The Shopping itself has also become a different social interaction. Day by day sales are increasing on e-commerce platforms such as Amazon, Flipkart,myntra and so on. And every other seller is searching for only one term on google and that it how to increase sales on amazon and other e-commerce portals. So rather than a single discussion in a store, people share their views and opinions with multitudes of friends and followers via social media platform and online review sites. This immediate access to the experience of other customers can be beneficial if your brand receives a particularly interesting service or if consumers appreciate the products of your brand.

 

The online world has also created a new buying event – unpacking. People watch videos of someone – often a stranger – open a package and express their joy or disappointment. The video artist (vloggers) and online personalities are influencers and, depending on their popularity and reach, can become valuable marketing partners for a brand that wants to reach a specific audience.

 

Every second person wants to become a seller on e-commerce portals and want to increase the leads and generate profits. If you are looking for similar services then KETSAAL RETAILS LLP is making small and new sellers popular among the amazon and flipkart and giving them the promise of guaranteed sales to boost their businesses.

 

 

You are not taking advantage of new opportunities in the digital economy :-

 

With the power of the Internet, small businesses now have the opportunity to reach consumers nationally and even globally. At the same time, they also have the ability to reach very targeted audiences. This ability to harness digital technology to reach a large group of a particular niche audience is one of the strengths of online activities.

 

With the rise of online retailers, ancillary companies specializing in key functions such as execution, logistics and warehousing have developed to create their own subsector. The growth of distribution centers has contributed to the 355,000 jobs created in the e-commerce sector since 2007. Now is the time to find your place in this eCommerce game. If you do not adapt to the multitude of new industries and sub-industries created, you may not find ways to generate new revenue streams and create your unique legacy on the ground.

 

You do not use the data to personalize the customer experience :-

 

As convenience plays a decisive role in buyers’ decision-making, businesses can now connect with consumers via purchase and navigation history, their interests and even their location. Using this data, brands can target product suggestions and promotional offers, for a better customer experience and increased sales.

 

Personal customer experience is to enable consumers to buy and interact as they wish through an omnichannel experience. With the combination of online, physical and mobile channels, today’s customers are free to combine and match their points of sale to suit their needs, such as online shopping and support or the return to the store.

 

These are just three ways that e-commerce has changed the way people buy and run businesses. As online shopping continues to grow, your business needs to constantly look for ways to stay abreast of trends and the future. If you need any assistance in increasing your sales and business on amazon and flipkart don’t think twice before getting in touch with KETSAAL RETAILS LLP.