How to Sell Products Online
Sell Products
Online
In July 2018,
the number of internet users reached 4.1 billion. And more than half (52.1%) of
them are expected to shop online in 2021. Can you imagine that? In just a few
years, every second user who hits the power button on their laptop will be
ordering something online. Setting up an ecommerce website to sell products
online might not be the worst idea.
The question
is, how can you do this effectively when everyone and their mother have already
joined the Dallas Sellers Club? Worries apart. We have some pointers on sales
techniques, buyer psychology, target market and pricing strategies.
Selling
products online with Amazon
Selling on Amazon
is a good place to start.
Why? Amazon is
the most popular online store in the US, with net income of $ 3.5 billion as of
Q1 2019. With that popularity, your ecommerce store can launch with an audience
that is already invested and ready to buy.
Where should
you start First, select a product that you want to sell online on Amazon. To
give you a rough idea, you can sell pretty much anything (from phone cases to
Dutch ovens!), Except for restricted items.
Sell online
with eBay
According to
eBay, buyers conduct more than 250 million searches every day. That's 3,000
searches per second!
Your buyers are
there too. They just need help finding you. And if you think you can only reach
buyers in your country, you are wrong. According to eBay, around 20% of sales
are cross-border, so people around the world shop what they want and need.
To make sure
you know, eBay is an auction platform for buying and selling products online.
This is how it differs from Amazon, Etsy, and other marketplaces. Retailers
love auctions for dynamic prices that allow them to sell their products and
services online at a higher price. Statistics show that around 50% of eBay
auctions lead to higher sales prices than the buy-it-now price.
Of course, you
have to pay the eBay founders a cent or two so that they can advertise on their
marketplace and sell your products to their audience online. What's the price?
In fact, there are four insertion fees for listing your product, full scale
fees, expanded list upgrade fees, and additional service fees.
Selling Products
Online with Etsy
If you're a
handyman, Etsy can be a wonderful platform.
Unlike Amazon
and eBay, Etsy only lets you sell handcrafted goods, vintage items, and craft
supplies. Reselling items that you have not made is not permitted on the Etsy
platform itself. Craft supplies can be either handmade, vintage, or commercial.
But they must have the main purpose of the craft.
This guide is
full of useful tips and insights to help you optimize your listings and grow
your ecommerce business using Etsy. You can find the list of the best selling
items on eBay such as: B. jewelry or stickers. You have a clear idea of what
shouldn't be listed under any circumstances, how to include amazing product
pictures, how many items can be sold online with Etsy, and how to create great
product descriptions.
We've also
rounded up the best tips and tricks to drive more traffic to your online store
- from following up with buyers to being courteous. Yes, that works too! Finally,
this article will help you understand whether Etsy is the right platform for
your ecommerce business.
Sell Online on
Pinterest
A report by
KPCB shows Pinterest is the social media platform of choice for US buyers. 55%
of users turn to them to find or buy products. For Facebook and Instagram? It's
only 12%. People are already there looking for your products and services. So
make sure you are there to be found.
In order to
sell online with Pinterest, you need to know how this social media platform
works - age, gender, location, and income of the Pinterest audience. how much
money they are willing to spend; You name it which products are of interest to
you.
For example, a
few years ago Pinterest was only suitable for a small group of designers
looking for inspiration. Today it's a huge community that caters for all kinds
of interests including recipes, books, sketches, and much more. That's why
choosing a product to sell on Pinterest is no longer a problem.
Selling online
with Facebook
Mobile users
spend more than 50 minutes a day on the Facebook platforms. Facebook data shows
that 30% of US retail shoppers discovered a new product on Facebook, and 20% of
them said Facebook made them buy a new product or service online.
In 2018,
Facebook had more mobile conversions than desktop conversions throughout the
entire holiday season. It started with Black Friday, when mobile transactions
increased 55% year over year. By the end of the season, mobile represented 51%
of all online transactions, more than 10% more than in 2015.
This means that
now is probably the best time to start selling online on Facebook.
This
comprehensive beginner tutorial will weigh all the pros and cons of selling
online on Facebook so you can make the right decision with your eyes open, not
because all of your friends are already trying to sell their online.
Sell online
with Instagram
Instagram grew
357% from 2014 to 2018, reaching 1 billion monthly active users, compared to
57% growth on Facebook and 50% on YouTube over the same period. Not selling
there is a missed opportunity.
Keep in mind,
however, that in order to sell successfully on Instagram, you must adhere to
community rules. First and foremost, you should have real followers who are
organically attracted, not Instagram ghosts - spam accounts that are usually
created by bots.
To make a
stronger first impression, the "Bio" section of your Instagram
profile should be carefully completed. It's the centerpiece of your Instagram
profile and well worth your attention. And of course the link to your
e-commerce shop should also be there.
Don't forget to
add hashtags and calls to action to every post you post on Instagram. This
allows your potential customers to discover your services or products online.
Instagram is
the place where soulless images don't work. So show your personality, actively
communicate with followers, and give back to those who post user-generated
content.
Using WhatsApp
for Business Purposes
Today it is
almost impossible to imagine your life without a messenger app. This is one of
the fastest ways to reach friends and family. And it's a perfect tool for
businesses as it enables merchants to provide proactive customer support.
According to
MessengerPeople, WhatsApp has 1.6 billion active users in 180 countries around
the world. The user base now reaches 70% of the UK population. With a
penetration of 84%, it is by far the most popular app in Italy.
Given that this
app is checked an average of 23 times a day, its daily traffic equates to 34.5
billion openings. And that's a lot.
Sell on
Reddit
Also not as
popular as Twitter or Facebook, this social media network is also very popular.
With more than 330 million active users per month, Reddit can be the perfect
place for your next social media campaign.
And while
Reddit users HATE crass ads and moderators (yes, there are plenty of them!) Are
pretty heavy, external links are still the most popular type of content. To be
precise, over 50% of the content contains links. That is a lot. And that means
you can of course add your promo link too.
However, it's
easier said than done. We were also new to Reddit two years ago. We explored
this social network as best we can. We tried to identify the potential
opportunities that Reddit offers for ecommerce businesses. Our marketer's
account was banned a few times and many links were deleted. This usually
happens to all companies trying to advertise on Reddit
Sell Online
Everywhere your Customers Shop
Everyone wants
to be successful in business (and in life), but very few business owners
acknowledge that it is already 2020 and your marketing strategy should be up to
date. Otherwise, you will never be successful online.
If you consider
that the world population reached 7.7 billion people in 2019, the total number
of online shoppers equals 27.7% of the total number of people living on earth.
And the more people order online, the tougher the competition ... and the less
certain you can be that you will win.
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