How To Increase Your Business Sales Online And Optimize E-Commerce Sales


Increasing online sales is the primary goal of countless businesses, large and small alike.  For many first time ecommerce entrepreneurs, it can be frustrating to work so hard getting your business ready only to to hear crickets when you finally launch. Fortunately, there are dozens of ways you can make more sales online, many of which you can implement right away.


Sell Unique Products

Standing out from the crowd is one of the best ways to move merchandise. Especially if you’re in a crowded space where your competitors sell similar, if not the exact same products. The basic premise here is that you do something so unique and different that people will naturally have to tell others about it.

Let’s say you sell something that gets a lot of attention and people start purchasing it. As people start buying your products – their friends will naturally ask: “Where did you get those?” And of course, they will refer them to your online store.

If you don’t make your own products –that’s okay. You’ll just have to source specialized items for resale. And there is a smart way to do this. Instead of buying specialized inventory outright and hope it sells, simply place these products on your site and allow visitors to pre-order or request more information about them. This will let you gauge how much demand there is for these products.


Creat A Blog

Starting a successful blog can be the easiest and cheapest way to attract thousands of new customers. All it comes down to is how well you can create valuable content for your readers. If you put the time and creative energy into blogging, it can pay dividends for years to come.

The beauty of blogging is that once you’ve created a great piece of timeless content, the search engines will bring you traffic to that page for the lifetime that page exists. So it’s a worthwhile endeavor since it’s really a way of planting seeds of future growth for your business. Answering common questions in the form of long detailed blog post always makes great content.


Build Up An Email List

Building up an email list for marketing purposes is absolutely essential.
In fact, according to research by MarketingSherpa, 60% of marketers polled found that email marketing produced an ROI for their company (32% believe it will eventually produce an ROI). When asked what the estimated ROI from email marketing programs for the company were – the overall group reported 119% – a figure that’s tough for any online store owner to ignore.

Having a list of emails from previous and potential customers means you can get your information, products, and content into their personal mailboxes. In contrast, updates made to your Facebook page and Twitter handle will almost never be able to reach your entire following, due to time zone differences and other factors.
Start building your email list today by including an email subscription form somewhere noticeable on your website and, you can buy a pre-built email list online to quicken the process and increase sales instantly.

Related article: Get active Nigerian email list here with free blasting software

Here’s a clever way to convince visitors to sign up for your list. Instead of simply saying “Join our Newsletter,” offer an incentive or some type of value for signing up.

Related article: Email database of high net-worth individuals in Nigeria


Use Paid Ads

The two of the main places where you can advertise are Facebook and Google AdWords.

 Facebook advertising has a unique advantage over almost all of the other internet advertising channels, which is that is you can target your ads by: Age, Gender, Interest and Location.

AdWords is Google’s advertising network that allows online retailers to place advertisements on nearly every Google search results page, Youtube video and partner website. No other advertising network will give you faster sales results than AdWords. The reason for this is that your ad can be on the first page of a Google search query in less than five minutes after signing up.


Use Social Media

Social media such as Facebook, Twitter, Telegram, Instagram, etc are great places where you can generate leads and backlinks to you blog or e-commerce site.
Create a special Facebook page for your business, get new friends. Friends that are most especially interested in your products. Don't just add any person as friend. Find out first, the person's interest before adding. Add as much as you can.
Always ensure you are active most times and respond to comments.
Flood your page with articles and images about your business.
Same goes for Twitter, Telegram, Instagram, etc.




Use Affiliate Marketing

Affiliate marketing is when you let other people market your products and send you website traffic. In return, you pay them a percentage of any sales that originate from their efforts. Their marketing efforts can be kept track of by giving them unique hyperlinks (which they can post on their website) containing an ID code at the end of the link, just for them.

For example, a website owner may post your affiliate link for a blue sweater that is for sale on your website. If one of his website visitors clicks the link and then buys the blue sweater, you’ll have made a sale, and as an affiliate, the website owner will be entitled to a percentage of that sale.
The success of affiliate marketing schemes depends greatly on the types of products you sell, as well as the commission percentage you reward your affiliate partner.


Sell Wholesale To Other Retailers

Selling to consumers is fine, but there’s nothing wrong with selling wholesale to other retailers, too, especially if the consumers aren’t biting as often as you’d like them to.

One of the main advantages of selling wholesale is the obvious increase in cash flow. You may be selling with a finer profit margin, but you’ll be shifting products in quantity.


Pay Attention to Stats

Reviewing and acting upon website analytics is paramount. The behavior of every website visitor from entry to exit helps you understand why you are selling, and more importantly, why you aren’t.
Your website stats (or analytics) will show you what your customers are doing on your site, including which web pages they enter, the time they spend on particular pages, and the route they take to leave your site.

Occasionally, some tools will display additional information, for instance how frequently a customer visits your site.
It won’t cost you a penny, either. Google Analytics is a completely free service, allowing you to measure your traffic in more ways than you can think of.


Run A Survey

Learning about the common pain points and desires of consumers can help you make all the right moves going forward.
Consumer surveys are an ideal tool for obtaining honest feedback. Unlike your friends and family, consumers have no qualms about hurting your feelings by picking at your web design or your marketing material.

To run your very own survey, you can make use of online apps like Survey Monkey and Qualaroo to create online surveys.


Set Up A Cartel

Sometimes it’s nice to have some support. A small online cartel could be just the trick.
Find a group of complementary (but not competitive) retailers and agree to promote and support each other. It’s a brilliantly simple way to gain traction in a variety of ways.

For example, if you run an online clothing store, ideal cartel candidates might include jewelry and footwear outlets. Essentially, the stores you would partner with are similar enough to be able to cross-promote and share advice, but not similar enough to create a conflict of interest.

Join us, lets build a mutual business cartel, click here to send a request email.


credit: DWI

Why Bitcoin Price Falls And How To Protect Your Bitcoin Investment


Bitcoin has become one of the greatest investment assets in the world. Plummeting values are nothing new in the crypto sphere - coins are incredibly volatile and have the tendency to spike and free fall. Bitcoin and other altcoin have taken a series of hard knocks over the last few weeks, from the SEC’s ruling on crypto exchanges to reports of a bear whale with the Mt.Gox case. The resulting lack of buying opportunities has left even the more seasoned investors with a sense of frustration. But just as we’ve come to expect sharp rises from this market, so too should we expect big falls; market fluctuations are part of the “inevitable” cycle for BTC.


Whenever bitcoin prices approach historical highs, every investor should consider the currency closely. Consider the end of 2016, when bitcoin approached $1,000 dollars. The first time bitcoin had broken the $1,000 dollar mark was back in late 2013, and as many experienced bitcoin traders will remember, prices suffered a dramatic collapse after peaking, then rebounded, then suffered a long-term collapse shortly after. In the year 2013, Bitcoin price first hit $1000 and then, it went down far below it. This trend continues till 2016 when the price was $250 and within few weeks, it went up to $1000.


Related post: How I make money daily trading Bitcoin on Luno


The same scenario that took place 2013 to 2016 is what we are witnessing currently. Bitcoin went as high as $19,000 in December, 2017 and currently, it is trading at $8,000. The reason for great increase in BTC price to $1000 in 2013 and $19,000 in 2017 was over excitement and urge to make quick money by new investors. To these investors, Bitcoin was new, it was hot, money was pouring into it. Bitcoin investors got excited. This caused a price surge. As prices started to surge, a lot of people jumped on the bandwagon, hoping to tap into rising prices. Then, savvy and cautious investors started to realize that the price surge wasn’t due to the fundamental value of bitcoin (at the time), but instead over exuberance. They started selling. As more people started selling, prices began to drop, then more people began to panic, creating a stampede that led to prices eventually collapsing. Those who didn’t get out early enough lost a lot of money. This was also worsened by the crackdown on exchangers in China and South Korea.


If prices are surging at unnatural rates, as an investor you need to keep a close watch on markets. As a “Safe Asset” Bitcoin Can Suffer from Fleeing Investors. Bitcoin and Cryptocurrency in general are global. So when it is affected in US or China or any other country that holds a major stake, the effect will be reflected in the price world over.


After Bitcoin price dropped from $19,000 mark, it became steady at about $10,000. Then Facebook came out with ban on cryptocurrency ads. This was followed by the US Internal Revenue Service(IRS) order.  According to the Internal Revenue Service, anything purchased using a digital currency is liable to be taxed as a capital gain.
On Reddit, one contributor, under the heading “I just discovered that I owe the IRS $50k that I don’t have, because I traded in cryptos. Am I fucked?”, wrote they had ended up with a $50,000 tax liability on trades after they sold $120,000 worth of bitcoin to buy different coins. The current value of those coins is about $30,000. “I feel like I might have accidentally ruined my life because I didn’t know about the taxes,” the poster wrote.
Again, the US Securities and Exchange Commission similarly cracked down on crypto exchanges and ICOs this month, saying companies trading in digital assets need to follow federal laws. In addition to that, Google came out to announce plan to ban Bitcoin and other cryptocurrencies adverts on their platforms.

All these resulted in the drop in BTC price below $8000 as witnessed last week. Though the price has recovered and currently trading above $8,000, there are indications that it will further go down.

As an investor/trader, you should always be critical of whatever you’re investing in. Even if you’re very confident in what you’re investing in, whether that’s bitcoin or altcoin, you should take some time to examine your investments from a contrarian point of view. Why might bitcoin markets be distorted, and prices unnaturally high? Remember, markets will always correct themselves.

Bitcoin has been and still is one of the best investment vehicles in the world. Regardless, as an investment asset, it will suffer from prices drops, and will also enjoy price increases. The trick, as an investor/trader, is to buy low and sell high.

One might ask, why do the prices of other cryptocurrencies go down with bitcoin?
The fact is, Bitcoin is the biggest Cryptocurrency not only in terms of price but also, in terms of market capitalization and traded volume. Consequently, almost all other cryptocurrencies are traded in exchange for Bitcoin. So when there is lost of interest in Bitcoin, the same will be the case for other cryptos.


In conclusion, the best way to keep your Bitcoin investment afloat is through Trading. Now, whether the ''price channel'' of Bitcoin is going up or down, on a daily basis, the price will experience up and down "trend" along the way. And those are the ideal trading periods. Good trading involves selling and buying on a daily basis when price goes high and when it drops to an expected level respectively.
The two blue lines shows the price channel

Related post: How to trade on Bitcoin professionally with daily profit



credit: DWI