How to use Scarcity and Urgency to increase sales

How to use Scarcity and Urgency to increase sales

Conversion optimization can be more than a great product description or a stunning call-to-action with different fonts and colors. It’s also about your customer’s psychology. A really great way to succeed is by knowing their psychology. It seems like “psychology is mission critical for traffic acquisition and conversion optimization”. Today we will talk about two psychological factors that can help you increase your sales by the power they have on the human psyche: urgency and scarcity. The fear of missing out one of your products can have a great effect on your customers.   These two really work because they can change your customer behavior. Let’s start talking more detailed about each one of them. Urgency Here it’s all about time – people feel they should act quickly because the company has something to offer that is really important. Yes, it has to be important if you want to use urgency. Think about someone who sells umbrellas at the subway exit in an autumn rainy day against selling umbrellas in the middle of the summer. Yes, you could say they can protect you from the sun, but how many people do you think will buy its umbrellas? This is what we are talking about!   As we said before – it’s all about time – you want them to buy your product right now. Think about an offer from teleshopping commercial. All those promoters tell you that you can enjoy their offer if you buy that pillow “right now”!   Well you can induce this state of urgency on your website, too by using some simple element. Use time limits: –...
How to decrease your Website’s Bounce Rate

How to decrease your Website’s Bounce Rate

Before we start talking about how to reduce your Bounce Rate, let’s talk about its meaning. People just come and go from your landing page without visiting any other website pages? Well these are the people who build your Bounce Rate. This means that if 68% of your visitors leave your website after they see the landing page, then your Bounce Rate is 68%. Remember that this first page they see could be your home page or any other landing page you choose. Here is a simple equation for Bounce Rate: Are you spending a lot of money on advertising? People come on your website but there is no improvement in your conversion rate? Well, Bounce Rate has to big reasons: your prospects didn’t find what they were looking for or your website wasn’t friendly enough. You have to find a way to make them see more from your website! Here are 5 tips that will help you with your Bounce Rate: 1. Choose the right audience It’s true that if you want to increase your conversion rate you can try to increase your website traffic, but don’t forget about what kind of people you bring to your website: it should be targeted traffic. Review your advertising strategy and take a look on your keywords optimization, because they can help you with directing the right users on your website. You should find out about your visitors’ needs and then give them the content that fits them. Be aware that you have to use keywords that match your content more than your intention to attract more traffic. Having the right audience...
Back to school eCommerce stats 2015 [Infographic]

Back to school eCommerce stats 2015 [Infographic]

All marketers will always try to find out more and more about their consumer behavior, so they can deliver the best product, at the best price, in the best moment in order to increase their sales. Speaking about the best moment, marketers already know when their business performs better – if you sell ice cream, summer is the best season for you, if you sale winter clothes, then winter is your favorite one. The retail industry has its great seasons and it seems that Back-to-school it’s one of them. Actually, this is the second largest time of year for retail sales. Students buy a lot of things! Here are some statistics from 2014, according to Nextopia: 96 % buy school supplies; 91% buy clothing; 82% buy shoes; 66% buy backpack or book bags; 9% buy computer software or small accessories. It looks like some industries have a lot of benefits in this period! Yes, Back-to-school it’s a big opportunity, but you do need to review you strategy – think about what people love about your products and why would they buy them right now. People love this period but they are not willing to open up their wallets just like that. Some statistics show that discounts can be a great influence for your shoppers. You should try a retargeting strategy if you want to give them an incentive to make a decision. Trust us, this really works! Read the infographic below to find out what every online retailer should know about Back-to-School season in 2015!   Start your free trial now   Sources:  – http://heroicsearch.com/back-school-ecommerce-stats/ – http://www.nextopia.com/blog/2014/08/ecommerce-infographic-back-to-school/ – http://www.pfsweb.com/blog/2015-back-to-school-infographic-digital-retail-and-ecommerce/ – http://www.mytotalretail.com/article/best-class-merchandising-tactics-back-school-e-commerce-success/ – http://www.godatafeed.com/blog/10-back-to-school-ecommerce-stats-to-know-for-2015/   Photo credits:  – http://www.pfsweb.com/blog/2015-back-to-school-infographic-digital-retail-and-ecommerce/...
7 Strategies to Grow Your Email List

7 Strategies to Grow Your Email List

In some of our articles we talked about how to improve your Email Marketing results and how to increase your open rates. Today we will present you 7 strategies that will help you gain more and more subscribers to your newsletter. If you think you already have enough people in your database, we think we might have some bad news for you: it seems like email marketing database naturally degrade by about 22% every year. Here are some reasons: people change their job and change their email address, too, they opt out from your email list or abandon the email address they gave you because that’s just an email address they use to fill some web forms. That’s why you need to constantly add new contacts to your list so you can be sure you have active subscribers right there, who can’t wait to hear about you and your business. Don’t forget that this is one of the most effective marketing channels that can bring you more and more extra revues. So, let’s start talking about these strategies! 1. Write great email content Give them enough good reasons to stay subscribed and more than that to forward your emails to their friends. If you are an online store make sure you keep them in touch with your offers, promotions, and new products and with all that can influence your relationship with your prospects and customers. Encourage them to share your emails – make sure you give them a little incentive and don’t forget to add a little Subscribe link at the bottom of your email.   2. Promote an...
How Upselling and Cross Selling can increase your revenue [Infographic]

How Upselling and Cross Selling can increase your revenue [Infographic]

We will start this article with a redundant question: Do you want to sell more? We bet you do! The reason we asked is because we want to remember you how important is this to you. Do you think you can get extra sales from your existing customers or from the new ones? Our answer would be: from both of them. That’s true that sometimes generating extra sells from a new customer may be much more expensive than from an existing one, but today we want to talk about two Marketing strategies that can help you generate extra sales without thinking about extra costs. We won’t ask you to guess because you have already read the title of this article and you know who we are talking about: Upselling and Cross Selling. If you thought about more traffic on your website to increase your revenue, then this might lead you exactly to our previous point: you will end by spending more and that’s not what you want. You don’t have to choose between these two options – you can use both of them, because this can bring to you an excellent growth! These can help you sell more, increase your customer engagement and loyalty and reduce your cost of sells Discover from the article below how Upselling and Cross Selling can help you generate extra revenues and don’t forget that a Marketing Automation tool can make this easier for you thanks to its triggers – live or email. Start your free trial now   Sources:  – http://www.quicksprout.com/2015/03/27/how-to-boost-your-revenue-through-upselling-and-cross-selling/?display=wide – http://www.hoovers.com/lc/sales-marketing-education/how-to-cross-sell-up-sell.html – http://www.alphagraphics.com/center_blogs/san-francisco-california-us685/2015/03/30/how-to-increase-your-revenue-with-crossselling-and-upselling/ – http://thejibe.com/blog/15/04/ecommerce-solutions-boost-your-revenue-through-upselling-and-cross-selling-infographic   Photo credits:  – http://www.quicksprout.com/2015/03/27/how-to-boost-your-revenue-through-upselling-and-cross-selling/?display=wide...