But a lot has changed the past couple of months, and we’re now seeing stores fighting to stay afloat. With businesses everywhere evolving, a focus on growth may fall slightly lower on your list of 2020 priorities. And yet, growth may still be possible for your ecommerce store right now, especially since what you do today prepares you for tomorrow’s success.
So, what’s the best use of your time? We looked at high-return strategies according to store owners like you.
Ecommerce growth strategies that offer the most return on your time
1. Content marketing
Content marketing is perhaps one of the most organic ways to market to your followers, subscribers, and leads. This strategy focuses on the pain points of brand advocates and would-be customers by providing free content they can use.
Because content marketing focuses on your audience, rather than directly discussing products or selling points, it’s much likelier to encourage people to interact with your brand. In fact, 72% of marketers say content marketing increases both engagement and leads.
So, how can you implement content marketing into your own ecommerce growth strategy? Below we’ve listed a few ways in which you can organically appeal to your audience.
Ways to implement content marketing:
While the above list is far from exhaustive, it’s a great place to start. And if you’re feeling overwhelmed by available options, a consistent blog cadence is a simple way to begin your content marketing journey.
Blogs are simple to automate, and with the addition of a freelance writer or community manager, you can easily have this taken off your plate.
By incorporating an automated blog strategy into your marketing, you can begin to attract members of your target demographic—ideally, those who aren’t already familiar with your brand. Specific, well-researched SEO content is a natural way to familiarize prospects with your company.
For instance, subscription box company Flygirl Box publishes blog content that helps its target demographic: flight attendants. Notice how the blog post below educates frequent flyers instead of pushing a particular product:
But quality content doesn’t just benefit customers you hope to attract: Well-written articles are also useful for current, loyal customers who have questions about your brand and industry.
Luckily, your blog or knowledge base doesn’t have to be especially complex. You can easily find questions people are asking by performing keyword research or noting frequently asked questions from customers.
Just take a look at the knowledge base from our sister brand, Campaign Monitor. This resource hub targets specific questions and provides short write-ups for each:
As you can see, it’s possible you can access much of the content you need just by listening to your audience and providing the necessary information they need.
2. Customer support and sales
Second to marketing, our research states customer support and sales are ecommerce owners’ key to improvement. But during uncertain times, customer support and sales may not be top of mind. Yet, these are two aspects of your brand that can really contribute to growth.
Of course, being an ecommerce shop owner, it’s possible you’re doing the work of a support team and a sales team:
Below, Best Buy responds to a tagged post with empathy and helpful content.
Sales growth opportunities
Sales can look different for different companies, but your ecommerce sales likely rely on loyal B2C relationships. And how do you build those relationships? In addition to great support, you should also provide the most seamless experience possible for your customers.
In fact, most online shoppers who receive emails based on previous shopping habits are likely to buy again after receiving a targeted email, which shows how effective email automation can be for your ecommerce growth.
Plus, emails are easy to automate, providing consistency and timeliness to your customers. For instance, an abandoned cart email with a discount could save your sale. A replenishment email (like the example below), can be a well-timed reason for your subscriber to order a refill.
These are just a couple of examples, but there are actually a number of emails your ecommerce store can automate to encourage growth.
While email marketing is perhaps a more proven way of reaching customers, social media marketing can also be powerful for ecommerce growth. After all, 23% of online shoppers are influenced by social media recommendations alone.
Luckily, social media and email can easily work together. For instance, you might include a link to your newsletter signup form in your Instagram bio, or you may ask subscribers to participate in a social media contest using a specific hashtag. Plus, social media can be more relaxed and spontaneous than email, giving you the opportunity to build out your brand’s persona.
If you’re interested in expanding your social media marketing efforts, we’ve put together a list of best practices.
While 2020 has certainly provided some unexpected challenges, ecommerce growth may still be possible for your shop. Whether you’re doubling down on your marketing strategy or tentatively planning ahead, we hope you can use the strategies above to build out your multichannel marketing strategy.
Learn more from the research study.
Many of the stats we cite in this blog are taken from our recent research study, Ecommerce Confessions: How 1000+ Store Owners Do It All and Still Find Time to Grow. You can read more insights and download the entire guide here.