Best E-commerce Platforms for Your Box Subscription Business

Published on: 22 January 2019 Last Updated on: 22 February 2020

The majority of product-based firms are supplementing their model of revenue by adopting the box subscription stream for revenue. An example is the Blue Bottle and Stumptown Coffee in the coffee industry. In the place of being websites which are one-stop-shops for products that relate to coffee, both of them are sources of recurring deliveries to the clients of these beans. Conversely, other you can opt for ProfitIndustry top 5 best e-commerce platforms for box subscription business for purposes of gaining from their benefits.

Enhanced experiences for customers:

Loyalty comes from providing the best experiences for customers. When you strive to provide the best experiences for customers, you are formulating good customer relations. It leads to overall business sustainability, brand loyalty, and repeat purchasing. Companies that focus on providing superior experiences to customers realize positive results that include increased growth in revenue and customer satisfaction. Making things low-friction or smooth for the customer is the best way of providing excellent customer experiences.

Convenience:

With ProfitIndustry top 5 best e-commerce platforms for a box subscription business, the products will get delivered in a recurring manner, at the frequency of the shopper, and the client will not get worried about the products getting depleted.

Better return on investment in customer acquisition:

Business growth relies on the scalability and efficiency of your strategy of acquiring customers. As the business continues to grow, you will have to open new customer acquisition channels or focus on those channels that favor repeat business from current clients.

Regardless of the way you refine the strategy, new customer acquisition will be costly. More than eight percent of companies find it easier to retain current customers than acquire new ones. For this reason, the box subscription model seems to meet that requirement nicely. In case the customer wants to get an item that will run out, you can assume that he is becoming a repeat customer than if you are concentrating on products that are one-sided.

The investment you will incur in convincing first-time visitors is higher than compelling previous purchasers. You may spend a lot of money on adverts on new clients while convincing existing ones may need targeted emails. Revenue from such business will be higher than first-time clients. The difference is in the fundamentals of ProfitIndustry top 5 best e-commerce platforms for a box subscription business. The model is retention-based; which ensures that recurring revenue from repeat clients is executed well. This strategy is the best recipe for the sustainability of the business. Selling your service or product in the standard way means you will work hard to convert users to buyers and work very hard to convert them to repeat buyers.

Better prediction of revenue:

The best thing about ProfitIndustry top 5 best e-commerce platforms for a box subscription business is that you maintain a revenue stream that is reliable. In most cases, when the company predicts revenue, assumptions come from previous sales, salaries, and overall expenses. Nonetheless, the subscription model offers a good way of forecasting revenue by tightening elements of revenue prediction that vacillate.

Since box subscription business has its basis on retention, the owner can predict the lifetime value of the customer. Gathering the income of clients on particular periods will help you predict your future revenue.

Conclusion:

Currently, clients can order almost everything online. Some firms take advantage of this ease by capitalizing on elements that other models of businesses find it tricky to implement the delight of customers. With omnichannel being on the tongue of all marketers, delighting your customers is genuinely demanding. When you bring in elements of surprise, you will please your customers. When you offer a box of unknown items monthly, customers will be happy to receive the things that are new or will consider purchasing individually due to price.

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The Challenges of E-Commerce SEO

SEO is an essential part of running any business with an online presence (which, in this day and age, all businesses should have). Think of SEO like a bright sign with flashing lights, telling people passing by that your business is here and draws them inside to check it out. However, some businesses will find implementing SEO to boost their site's rankings easier than others will. Especially when it comes to businesses in the e-commerce sector, SEO can be quite a challenge. Even if you've been researching how to improve SEO for your company, you may not be able to find resources that apply to e-commerce companies. Playing By Google's Rules The goal of any business with an online presence is to rank high enough on Google's Search Engine Results Pages (SERPs) to be seen by customers. Although this is a challenge for any business, E-commerce businesses will find it especially difficult. This is because Google prefers websites that rank high on their E-A-T scale, which measures sites based on Expertise, Authority, and Trustworthiness. In other words, Google prefers informational websites over commercial ones and rewards those that highlight genuine knowledge and don't appear to be trying to make quick money. This criterion is part of Google's method of quality control. As an e-commerce business, your website lies in the YMYL (Your Money Your Life) category. This category encompasses websites whose content can affect the reader's financial, physical, and medical wellbeing. Because the stakes are higher, the scrutiny is higher as well. YMYL websites with misleading or inaccurate information can trick users into making an uninformed decision, causing them harm. Your e-commerce business fits into this category by allowing customers to make purchasing decisions that can cause them financial harm. Managing A High Volume of Content Most e-commerce sites offer listings of hundreds if not thousands of physical and digital products. Product listings are not necessarily written with the utmost care, but Google still parses them like it does any other text on your site, and therefore measures them with its E-A-T criteria. This can be an issue because, due to the sheer number of product descriptions required, many e-commerce sites rely on automation to update these listings. While automated services can be helpful in some regards, they can also lead to typos, grammatical errors, dead links, inaccurate information, and other mistakes. All of these issues can be detected by Google, lowering your website's E-A-T score. Although time-consuming, your best option would be to hire someone whose job is going through every listing individually to update and correct any errors, making sure it meets Google's standards. Bouncebacks Based On Loading Time Your website's bounce rate is the percentage of users who visit briefly and then leave using the back button or by clicking on an external link without browsing other pages on the same site. While one reason for high bounce rates can be a dull or outdated website, this issue can also be caused by poor hosting. E-commerce sites often have lots of buttons, listings, and pop-ups. Pages aren't simple and include many elements. Having so many processes that must run simply to present a page can result in extended load times for users. Unfortunately, most people online are impatient. If your site doesn't load as quickly as visitors think it should, they're likely to leave without browsing, let alone making a purchase. The Google algorithm sees the high bounce rate as a sign that people find no value in your website, so it lowers your ranking and sends fewer people your way, resulting in fewer purchases and reduced revenue. Fortunately, fixing this issue can be fairly straightforward. Either make your website's landing page (the first page that loads for visitors) simpler to avoid long wait times, or contact your website hosting service and look into upgrading to more powerful servers. User Reviews User reviews are a great and almost guaranteed resource for building your E-A-T levels. Google prefers sites that let users review products, as this creates a sense of social credibility and allows people to share feedback, building trust. The more positive reviews your products have, the more Google will boost your website up the SERP. However, too many negative reviews have the exact opposite effect, hurting your website's ranking. You can avoid negative reviews using a review posting tool that allows you to read submitted reviews before they are posted. Knowing Where to Start When faced with the challenge of implementing SEO as an e-commerce business, deciding where to start can be overwhelming. Google doesn't give you a gold star for trying, and starting multiple SEO strategies only to quit them midway can even flag your site as suspicious in Google's eyes. One way you can get started properly is by using Ahrefs' Site Explorer to identify SEO opportunities. You can use this particular tool to analyze what competitors are doing in terms of SEO and piggyback off it, or implement a skyscraper method where you do what they're doing but better. Or you can use it to analyze your own site to find new competitors or broken backlinks. Site Explorer also provides keyword research, backlink profiles, PPC campaigns, and more. Still, a great tool is only useful in the hands of someone who knows how to operate it. Having dedicated SEO experts focused on boosting your site can have better results in the long run. SEO strategies are multi-faceted, and high-quality approaches are time-consuming. Staying Up to Date Google's algorithms are constantly changing, meaning your SEO strategy needs to change with them. As the owner of an e-commerce company, you'll need to be particularly flexible and adaptable. Just like posting only a few times on your site and still expecting increasing returns is a flawed strategy, undertaking a half-baked SEO strategy will hurt you more in the long run. Having experts on your marketing team allows you to smoothly ride all SEO waves and grow your website. Read Also: 8 Key SEO Strategies for E-Commerce Websites How to Monitor the SEO Health of Your Website 5 affordable e-commerce shopping carts for small business Best E-commerce Platforms for Your Box Subscription Business

5 Traditional Marketing Techniques That Still Work

It is the age of digital marketing but that doesn’t mean businesses should abandon traditional methods of promoting their products or services. While many people seem permanently attached to their smartphones, some people choose not to be constantly connected. Since these people may still be interested in what you have to offer, you will need to reach them through traditional marketing techniques. Digital and traditional strategies can work well together. Let’s discuss some of the old-school techniques which continue to bring in business. 5 Traditional Marketing Techniques That Still Work: 1. Neon Signs: Signage is still an excellent form of promotion and neon signs are still impactful. They are vibrant and highly visible even from a distance, yet inexpensive. This is especially helpful for small or new businesses that need lots of exposure but don’t have a huge marketing budget. Neon signs can be made in almost any shape and size so they can be used for logos, words, or anything else you may have in mind. These signs are easy to set up and they last a long time. They are great for bars, gaming lounges, tattoo parlors, and other fun, edgy businesses. 2. Billboards: Billboards are another convenient way to get your message across using visuals. The 2017 Nielsen Poster Advertising Study provides evidence that customers still respond to this traditional marketing technique. They are perfect for communicating evergreen content to large numbers of potential customers over an extended period of time. People driving along the highway or other busy streets can’t help but notice a large compelling image or carefully crafted word. Since many people take the same route every day, they will see your message frequently. If you have a product with mass appeal, billboards should be used in conjunction with your digital marketing efforts. 3. Direct Mail: Email marketing is a key part of many digital marketing strategies but you shouldn’t neglect traditional direct mail. In fact, it’s making a comeback, so you may want to prepare hard copies of your catalogs. Emails often end up in the spam folder or get ignored or deleted because people get so many of them. Direct mail is on the decline so recipients are more likely to open an envelope that comes to their home. It also seems more personal than email and is more likely to get a response. Direct Mailing Services may also bring a greater return on investment. If you're interested in direct mailing, you should take a look at this EDDM guide. 5. Flyers and Brochures: If you have a brick-and-mortar business like a store or a restaurant, don’t underestimate the power of handing out flyers and brochures. Brochures help you to share lots of information about your products or services in a tangible form. Flyers, on the other hand, are an excellent way to notify people about sales or offer special discounts. These handouts also allow representatives of your business to interact with potential customers and answer their questions. 6. Telemarketing: Don’t dismiss the idea of cold-calling in the 21st century. Research suggests calls have conversion rates of between 30 to 50%, making them one of the most effective marketing solutions. Calls were found to last almost 16 times longer than a website interaction so this traditional marketing technique should not be dismissed. Telemarketing is especially helpful in the B2B sector where you can properly segment your markets. It’s also great if you’re looking to upsell current customers or clients. Random calls will not have high conversion rates so you need to do your research and have a strategy before you pick up the phone. It’s easy to think that you should focus solely on digital marketing. However, some of the best promotion strategies involve both modern and traditional marketing efforts. Neon signs, billboards, direct mail, flyers and brochures, and telemarketing can all work well depending on your locale and target market. Read Also: Signs Your Traditional Marketing Campaign Is Working Digital Marketing: Utilize Facebook To Support Your Hospitality Business Why Every Business Needs Digital Marketing

Transacting Safely In Craiglist

Craigslist is used by many to buy and sell stuff due to its simple interface. You can find almost anything on it. However, due to the large scale of transactions occurring, it is hard to keep track or even find out the credentials of the parties to the sale or the authenticity of the things being sold. To help you in maneuvering around the site, here are some tips for a safe and meaningful experience on Craigslist. Conceal Your Identity In Craigslist, you are given an option to either use your true email address or use the one provided by the site itself. Choose the latter. It’s safer to use the proxy e-mail as it can prevent scammers from accessing your real e-mail address. However, when you respond to someone, your true e-mail will then be exposed. You can opt to create an e-mail solely for Craigslist. Use ones from Mailinator, Gish Puppy, etc. to hide your true identity and preserve your anonymity. In addition, do not reveal your location or residential place. Always remember to remove geotags from the photos before you put them on Craigslist. Thieves and scammers can use programs that can read the information on location that are hidden in the file header. For starters, use the EXIF geotag removal app before posting online. Aside from contact details, do not also give in to requests that can reveal any personal or financial information. Some scammers will ask you to submit “credit checks” and such is a big no-no since they can get credit card information from it. Money wiring services is also often used by scammers. The best way to handle Craigslist transaction is by meeting in person and using cash or PayPal as a mode of payment. To See is To Believe Never buy something in Craigslist without seeing it personally. Scheming sellers can get photos online of items in good condition when in reality, the one they are selling is not in top shape anymore. You see this a lot when people sell their iPhone's and you will be disappointed to see a different item when you receive it via courier. Read also: 8 Incredible Tricks That You Didn’t Know Your IPhone Can Perform When you do meet the buyer or seller, make sure that you are in a public place. Coffee shops, restaurants, and other places with lots of people are good locations to do the transaction. It is also advisable to bring a friend who will act as a witness to the entire sale. Do not leave your cellphone behind and make sure that at least one friend or relative knows when and where you will meet the buyer or seller. Craigslist actually recommends that parties deal in person by advising sellers and buyers to deal with people locally whom they can meet in person. Not A Dating Website Though some people do it, Craigslist is not the best place to find potential dates. There are other free dating sites like Plenty of Fish and OK Cupid, plus applications like Tinder, that you can use to find a date. These sites and apps have specialized privacy and security settings that are just not available in

Best E-commerce Platforms for Your Box Subscription Business

Enhanced experiences for customers:

Convenience:

Better return on investment in customer acquisition:

Better prediction of revenue:

Conclusion:

What You Should Know before Hiring A Translation

Cold Calling Script for Successful Sales Persons

Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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The Challenges of E-Commerce SEO

5 Traditional Marketing Techniques That Still Work

Transacting Safely In Craiglist

Best E-commerce Platforms for Your Box Subscription Business

Enhanced experiences for customers:

Convenience:

Better return on investment in customer acquisition:

Better prediction of revenue:

Conclusion:

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What You Should Know before Hiring A Translation

Cold Calling Script for Successful Sales Persons

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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Popular

Follow Us

Recent

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