Top 4 E-Commerce Merchandising Strategies For Enhancing Sales - PowerPoint PPT Presentation

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Top 4 E-Commerce Merchandising Strategies For Enhancing Sales

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It is important to recognise that simply having an online e-commerce website is insufficient. Online retailers must generate a 'aura' similar to how a shopkeeper attracts customers to their store through merchandising. The website or platform should be both user-friendly and visually appealing. If you're interested in learning more about eCommerce Merchandising Strategies, keep reading this blog. Read Now: - – PowerPoint PPT presentation

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Updated: 27 April 2022
Slides: 11
Provided by: strategysoda
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Title: Top 4 E-Commerce Merchandising Strategies For Enhancing Sales


1
Top E-Commerce Merchandising Strategies For
Enhancing Sales
  • PRESENTATION BY

2
Introduction
  • E-commerce as a medium for purchasing has evolved
    over the years and is now ruling the market.
    Nobody expected it to boom so suddenly, but now
    it's extremely important to have an online
    presence for any business to sustain itself.
  • Although one needs to understand that just having
    an online e-commerce website is not enough. The
    way a shopkeeper attracts consumers to their
    store through merchandising, online stores also
    have to create that 'aura.' The website or
    platform should be user-friendly and visually
    attractive at the same time. 
  • Hence, we have to understand the merchandising
    strategies for e-commerce platforms. Here are the
    4 E-Commerce Merchandising Strategies for
    increasing sales online.

3
TABLE OF CONTENTS
How Is E-Commerce Merchandising Helpful?
Top 4 E-Commerce Merchandising Strategies For
Increasing Sales
  • Craft your homepage wisely
  • Group your products under sections
  • Show Enough Pictures Of Your Product
  • The database is the key

4
How Is E-Commerce Merchandising Helpful?
  • In this era of competition, it has become
    necessary to invest in a good e-commerce website.
    Through this platform, you can easily reach
    customers from anywhere in the world. In this
    format, you can provide one-on-one attention to
    every customer and suggest them products they may
    like.
  • Also, this kind of merchandising is
    cost-effective as you can reach a vast amount of
    potential customers at a lesser price compared to
    other methods. 

5
Top 4 E-Commerce Merchandising Strategies For
Increasing Sales
1. Craft Your Homepage Wisely 
  • What is the first thing a customer sees when
    visiting a shop? Yes, it is the display window of
    the shop. The display window crafts the best
    image of a store in the potential customer's
    mind. 
  •  
  • In the same way, it is equally important to have
    a well-kept and appealing homepage. Your homepage
    should inspire the visitor to surf more on the
    platform and explore your diverse range of
    products. 
  • Rotating banners of your top-selling products or
    exclusive offers on the homepage can attract
    visitors' attention and help them understand the
    benefits and features of your products, and if
    any of these products would be useful to them.
  • Personalizing the homepage like suggesting
    relevant products or giving exclusive offers
    according to the previous activity of the
    individual user on the website can also help in
    driving customers to buy products.

6
2. Group Your Products Under Sections
  • If your customer wants to buy one specific
    product and they have to find it from a bunch of
    products. It is most likely to drive the customer
    away from the site. There comes the most basic
    but effective e-commerce merchandising strategies
    to help you.
  • Make their work easier by grouping all products
    under specific categories. In this way, customers
    can also get a variety of choices by checking
    other products in that same category.

7
3. Show Enough Pictures Of Your Product
  • Since people can't check the product in person on
    an e-commerce platform. They actually look for
    more and more visuals of the product because they
    want to check every detail before they make a
    purchase.
  • In this technique, just showing how your product
    looks is not enough. You will also have to show
    how a person would feel while/after using it. 
  • For example, if you are selling any fashion
    accessory, you should be showing it in a way that
    the model using it can replicate the desired
    'feel' of the product.

8
4. Database Is The Key
  • Once you have enough experience in running a
    business, you start understanding the buying
    patterns and the preferences of regular
    customers. This is a good way to understand the
    kind of suggestions and recommendations you can
    make to your customers and comprehend if they can
    be of any value to them or not. 
  • In the e-commerce method, this process becomes
    less hectic and more accurate. Since everything
    is running on the internet, tracking and
    analyzing insightful data is easy. 
  • Utilizing this data and suggesting products
    accordingly can help you in boosting your
    business' sales in the long term.

9
Conclusion
Just having a business website online is not
enough.  Using these listed e-commerce
merchandising strategies can help you to build a
strong position and will also help to improve
your position on online platforms. Get ready to
begin your online journey and fetch more
customers!
10
THANKS!
Do you have any question?
info_at_strategysoda.com 91-9311843998 https//strat
egysoda.com
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