7 best practices to grow your brand on online marketplaces
Did you know customers spent more than $3.25 trillion on online marketplaces in the year 2022? That is a clear indication that online marketplaces are critical for the growth of your eCommerce brand. If you haven’t started yet, don’t wait anymore! Use different marketplaces to check which ones can help you enhance eCommerce sales.
However, online marketplaces are not easy to handle. Simply identifying the platforms is not enough. You must opt for a reliable ecommerce marketing agency that helps your brand grow in the online marketplace.
Here, we will share incredible tips, strategies, and best practices to improve your brand presence and increase sales on different marketplaces.
7 online marketplace strategies to help your brand grow
There are numerous marketplace strategies that can aid in improving exposure and increasing sales. To identify the Best Ecommerce platform in India for your brand, you can opt for the assistance of a leading marketplace service provider. But not all of them will work for your brand. You must customize each strategy as per your brand.
Here are the top 7 strategies. Take a look –
1. Focus on branding
Understand that leading online marketplaces, such as Amazon, Flipkart, Myntra, etc., have numerous sellers. All the sellers proclaim that they are the best in order to get more sales. So, to outshine your brand in that ever-increasing competitive crowd, branding is crucial. You need to provide a brand experience that connects with your customers instantly. Brand values and tone needs to attract potential customers. For that, you need to create an exceptional marketplace storefront.
2. Develop premium content
Content plays a critical role in grabbing the attention of customers. That is why it is vital to highlight the benefits, USPs, and what makes your brand different from your competitors. The language needs to be simple, and precise, and information must be accurate.
3. Apply marketplace SEO
Are you wondering what marketplace SEO is? Well, it is basically the process of optimization of the product listings on marketplaces. It leads to high conversion rates and improves organic clicks. Improving marketplace SEO is a great way to retain the attention of customers. Just like search engines, most customers do not go beyond the first page of any marketplace. And that is where your brands need to be. Incorporating the right keywords is extremely vital. Plus, you also need to ensure that the seo for the ecommerce website is done correctly.
Apart from that, you also need to add detailed but interesting product descriptions. You can add descriptive titles and ensure you upload high-quality images and videos.
4. Upload positive reviews and ratings
It is necessary to understand that reviews and ratings play a critical role in ecommerce sales. The more positive reviews your brand has on online marketplaces, the better the chances of increasing revenue. It is mainly due to the fact that reviews have the ability to influence customers and their buying decisions.
You need to constantly monitor these reviews in order to have a better idea of buyer sentiment. If there is negative feedback, there is a need to address it right away.
5. Efficient payment options
One of the most exciting aspects of online marketplaces is the availability of multiple payment processes. However, you need to make sure that your brand can offer all these processes to the customers without hassle. Adherence to standard regulations and ensuring the checkout process is fuss-free are of utmost importance. Issues with payment at the end can have an adverse effect on customers.
6. Use PPC ads
For quick growth, opting for PPC ads on eCommerce marketplaces is a great idea. With pay-per-click advertising, you can push your brand to the forefront. That helps in exposing your products to the target audience. Besides, it also has a positive impact on the organic search rankings of the product. To help brands, most online marketplaces provide sponsored posts, paid listings, etc. You can use these tools to get more traffic and increase sales.
7. Quick shipping and delivery
Online marketplaces provide multiple delivery options. The faster you can get the order to your customer, the better the impression. However, you must offer information based on your delivery timings. Fulfilling customer expectations is necessary for the reputation of your brand.
Failure to deliver within the estimated timeline repeatedly is bound to have a negative impact on the business. If, for any reason, you cannot fulfill the timeline, you must reach out to the customer and offer an explanation.
Final words
As more and more customers seek online marketplaces to shop, brands are always looking to increase their exposure. Numerous sellers all over the world have indeed made the marketplaces competitive. Without the right online marketable strategy, your brand will fail to conquer that space. Check out the strategies discussed above to increase sales and overall revenue of the brand.
If you are eager to grow your brand on online marketplaces, get in touch with Cybez today! As a leading Digital Marketing Company in Gurgaon, we would love to help you along this endeavor!