A few snippets of wisdom are showcased in this blog from IMRG in partnership with Linnworks. Worth a read as it focuses the mind on what's what in online selling. Hope you enjoy it. https://lnkd.in/eNGkhbjG
Georgia Leybourne’s Post
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How To Find a Product to Sell: 16 Proven Methods
How To Find a Product to Sell: 16 Proven Methods
http://freebitcoin.trading
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Offline selling refers to the traditional method of selling goods or services face-to-face, typically in physical stores, markets, or through direct sales. Online selling, on the other hand, involves selling goods or services over the internet through websites, online marketplaces, or social media platforms. Offline selling relies on personal interactions and physical locations, while online selling relies on digital platforms and technology for transactions.
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Ever walked into a store for one thing and left with two? That’s the magic of upselling! It’s not about pushing products—it’s about adding value to your customer’s purchase. Smart businesses know their customers and recommend products that make sense. It’s a win-win: Customers get more out of their purchase, and businesses boost their sales. What’s one product you could pair with what you already sell? Comment below👇 #salesstrategy #businessgrowth
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Spending money to get new customers is pointless... Here is an article I wrote on the importance of focusing on existing customers. Let me know your thoughts in the comments.
→ Growth starts with the customers you already have. In eCommerce, it’s tempting to chase after new customers. But here’s the truth: the real value lies with those who already know and trust you. ✔ Retention is cost-effective: Acquiring a new customer can cost 5–25 times more than keeping an existing one. ✔ They’re ready to buy: The likelihood of selling to an existing customer is 60–70%, compared to 5–20% for new prospects. ✔ They drive organic growth: Happy customers recommend your brand, turning loyalty into new opportunities. Focusing on your current customers leads to: → Higher profits: Just a 5% increase in retention can boost profits by up to 95%. → Faster conversions: Familiarity means fewer barriers to purchase. → Deeper insights: Engaged customers help you improve and stay relevant. What can you do today? ☑ Build loyalty with personalised offers and rewards. ☑ Create a referral programme to amplify word-of-mouth. ☑ Use customer feedback to refine your strategy. Investing in retention isn’t just smart - it’s essential for sustainable growth. Are your current customers at the centre of your strategy? Let’s chat about how to make it happen.
Focusing on Existing Customers Beats the Chase for New Ones
lumosense.co.uk
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Learn how to find profitable products and sell them on Temu. Master the four essential steps to kickstart your journey as a Temu seller, from creating an account to getting sales📊 https://lnkd.in/ePzC_64N
How to Sell on Temu For Beginners in 2024
amzscout.net
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🛍 Find your marketplace and make it work! 🤔 I think a lot of people have a skewed view of selling on marketplaces, however, if you run an SME business selling physical products having a marketplace as one of your sales channels can: - Shift unsold sock - Find new customers - Find new trends to sell off - Understand your customer in a new way - An extra revenue stream If someone asked me if I wanted any of the above to help improve my business of course I would say yes... 😑 So why aren't you selling on a marketplace?
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ant community around your ecommerce brand: Authenticity: Be genuine and transparent in your interactions with customers. Share behind-the-scenes insights, stories, and values that resonate with your audience. Engaging Content: Create valuable content that educates, entertains, and inspires your community. From blog posts and videos to social media updates and podcasts, provide content that adds value to their lives. Foster Conversation: Encourage dialogue among your community members by asking questions, soliciting feedback, and actively participating in discussions. Platforms like forums, social media groups, and live chats can facilitate these interactions. Exclusive Benefits: Offer perks and rewards exclusively to your community members, such as discounts, early access to products, and VIP events. This fosters a sense of belonging and incentivizes continued engagement. Customer Support: Provide exceptional customer service by promptly addressing inquiries, resolving issues, and showing appreciation for feedback. Positive interactions with your brand will strengthen customer relationships and encourage word-of-mouth referrals. By prioritizing community building efforts, ecommerce brands can create a loyal customer base that advocates for their products and contributes to long-term success. https://lnkd.in/etuqM5-8
Cell Phone/WhatsApp # 1-917-913-6093
closeoutexplosion.com
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🔍 Ever wondered why the best products sometimes lose in the market? 🕵️♂️ Let's crack this case together! 🧩 🎩 The Illusion of the Best Product: It's not just about having the best tech or features. Buyers consider the company's reputation, customer service, and personal relationships. 🔮Complexity and Confusion: Advanced features can be a double-edged sword. They offer customization but can also confuse potential buyers. 🔍 Subjectivity of “Better”: Different stakeholders have different definitions of “better.” Tailoring your message to address specific concerns is crucial. Want to uncover more clues? 🕵️♀️ Read the full article from our own Sherlock, Seth Temko 📖 https://lnkd.in/e9hZiMkS #MarketingMystery #ProductStrategy #CustomerExperience #GoToMarket
Winning the Battle, Losing the War: The Mystery of Superior Products Failing
hospitalityheadline.com
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→ Growth starts with the customers you already have. In eCommerce, it’s tempting to chase after new customers. But here’s the truth: the real value lies with those who already know and trust you. ✔ Retention is cost-effective: Acquiring a new customer can cost 5–25 times more than keeping an existing one. ✔ They’re ready to buy: The likelihood of selling to an existing customer is 60–70%, compared to 5–20% for new prospects. ✔ They drive organic growth: Happy customers recommend your brand, turning loyalty into new opportunities. Focusing on your current customers leads to: → Higher profits: Just a 5% increase in retention can boost profits by up to 95%. → Faster conversions: Familiarity means fewer barriers to purchase. → Deeper insights: Engaged customers help you improve and stay relevant. What can you do today? ☑ Build loyalty with personalised offers and rewards. ☑ Create a referral programme to amplify word-of-mouth. ☑ Use customer feedback to refine your strategy. Investing in retention isn’t just smart - it’s essential for sustainable growth. Are your current customers at the centre of your strategy? Let’s chat about how to make it happen.
Focusing on Existing Customers Beats the Chase for New Ones
lumosense.co.uk
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💡 Looking to win more customers? Product bundling might just be the answer! When done right, bundling creates value, simplifies the buying decision, and increases your Average Transaction Value—all while attracting the right customers. If you're aiming to make your offerings more compelling and accessible, check out this blog post. https://lnkd.in/g6cUrmW3 #B2BMarketing #CustomerAcquisition #ProductBundling
Unlocking Growth Through Strategic Product Bundling | Heinz Marketing
heinzmarketing.com
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