Categories: Business

4 WAYS TO GROW YOUR ONLINE BUSINESS

If there’s one thing the entire world has reached a consensus on is that the future is digital. Every day, more and more people are shifting online for education, medicine, entertainment, shopping, and all other routine needs. We have all seen how e-books have dwindled the growth of bookstores and how platforms like Netflix have all but eliminated giants like Blockbuster video. Further, with new applications such as ChatGPT entering the market every day, it is imperative to adapt to changing times and turn to digital solutions and platforms.

One sector that has seen immense growth in the 21st century is online businesses. Consultancy services, e-commerce stores, and freelancing solutions are all examples of online businesses which have seen significant success in recent years. Today it is easier than ever to start your online business. With raised awareness among the general public, people are more willing to support small, local businesses. All this makes right now the best time to have an online business.

If you already have a running an online business or are planning to start an e-commerce store, you can succeed with the right tools. Here’s our list of some of the effective and efficient ways to grow your online business:

 

  • Start Selling on Amazon

 

If you have an e-commerce store, one of the fastest ways to gain traction and build a customer base is to become an Amazon Seller. Setting up your business on Amazon may seem overwhelming, so you can reach out to companies such as Apical LLC, which offer Amazon automation to help grow your business online. Amazon is one of the world’s largest e-commerce platforms, with a substantial presence in multiple countries. By piggybacking off Amazon, you can access all its customers and services. With exposure and optimum visibility on this platform you can boost the growth of your business.

Initially, you could offer your products on Amazon as a seller and deal with customers and queries as they come in. However, with the arrival of Amazon FBA, the game has changed. Amazon FBA allows you to ship your products to an Amazon warehouse, where the shipping, delivery, customer care, and all ancillary functions are handled directly by Amazon. So, once your product is ready, you have to ship it off to Amazon and then wait for the money to come in.

 

  • Build a Social Media Presence

 

The correct use of social media by businesses can be highly advantageous for optimum growth. With a well-developed and managed social media page on Instagram and Facebook, you can reach a vast number of people at little to no cost. Plus, by running ad campaigns and scheduling online events, you can increase engagement and appear relatable to the public. Not only are the majority of your existing and potential customer base avid social media users, but it’s more than likely that your competition is there as well.

By investing in your social media presence, your business will benefit immensely. Social media today allows brands and businesses the opportunity to humanize themselves and connect with their customers at an unprecedented level. Plus showing up on your customer’s feeds regularly will leave a lasting impression and increase their chances of returning to do more business with you. All this makes social media one of the essential tools that a business can use to grow.

 

  • Boast Customer Testimonials

 

Spending money on online purchases is challenging for most of us, as you never know what you might receive. We’ve all seen the horror stories of prom dresses gone wrong and dusty, used shoes popping out of that package when they expected (and paid for) 5-inch stilettoes. Getting customers to trust a brand and spend their money without physically examining a product is difficult, which makes building trust a top challenge for online businesses.

A great and easy solution to this problem is to present customer testimonials on your social media pages and website. By sending out a feedback form, an email or dropping a message to customers a few days after they make a purchase, you can request their reviews to gather testimonials. As a result, new customers will be less skeptical of your brand, and the business will definitely see a substantial increase. When potential customers see reviews and confirmations from existing customers, they find it easier to purchase as they see your business as a credible and verified brand.

 

  • Invest in Customer Service

 

With the world going digital, the shopping experience has deteriorated in some aspects. Number one among these aspects is customer service. As the online tools you use for your business do everything for you by themselves, many business owners stop putting effort into customer service. It is terrible, if not fatal, business move. Looking after your clients is among the cardinal principles of running a business. If you leave everything to the automated systems and nobody is present to assist clients or address their concerns, you will lose more business than you can count.

Therefore, it is important to invest in building a good customer experience by providing excellent customer service. It doesn’t mean you have to wait on hand and foot for every client that pops by your page/website. You can either employ somebody to look after queries during business hours or set a reasonable timeframe during which you get back to all concerns raised by customers. With a pleasant experience, not only will your customers be able to complete their purchase, but 89% are likely to return for another purchase.

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Final Words

If you have an online business, you’ve already started your journey towards success. However, there are many steps on that ladder that you have to keep climbing to grow. With the above tips, you can grow your online business in a way that becomes not only profitable but also sustainable in the long run.

As a business owner, you must keep adapting to changing times and trends to remain relevant, which is critical for an online business. By evolving to match the market needs, you can take your business to new heights, and these above tips will help you do that.

 

Ethan

Ethan is the founder, owner, and CEO of EntrepreneursBreak, a leading online resource for entrepreneurs and small business owners. With over a decade of experience in business and entrepreneurship, Ethan is passionate about helping others achieve their goals and reach their full potential.

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