22+ Marketing Channels For eCommerce – Module 1 – Part 3 – eCommerce Unlocked

Today is another day in eCommerce Unlocked. Today we're going to be breaking down marketing channels. I want you to keep one thing in mind as we go over today's lesson. This course is what I would do to market my own eCommerce business if I owned one.

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And this will help you manage your marketing channels because there's a lot of them, you're not going to do them all at once. But over time, at least you can get through them step by step.

With marketing, it's very important to have KPIs. KPIs are known as key performance indicators. You want to keep an eye out on these. Whether that's unique visitors, conversion rates, average revenue per channel, profitability, margins.

I'll dive really deep into the channels in the upcoming weeks, but in the meantime, I want to show you a few tactics that you can implement right now.

Instagram marketing is another channel that I mentioned, it's huge for e-commerce. So is Snapchat. If you end up putting a lot of products out on e-commerce, you can generate quite a bit of sales.

Email marketing, it's one of my favorite channels for different businesses it's going to vary, email marketing has an average ROI of $30 for every $1 spent, just think about that. You can generate $30 for every $1 spent. Even though emails aren't sexy, they convert and they drive sales.

Another approach is upsells. Remember when you go to McDonald's, or if you haven't been, just think about when you're a kid, they always ask you, do you want to toy with that? Do you want to supersize that? Those are all examples of upsells. The right way of doing it is having two upsells and downsells at checkout, the first upsell should be a higher price, and the second one should be 2/3 the price, and it should be a complementary product.

Now, let's go over the math just so you can understand the power of upselling. It's both the same product, let's say you have 500 orders a day. And I know that's a large amount, but it's not that large for some companies. So if you have 500 orders a day, and your average order is let's say $65 for the product. If you have an upsell for $55, and you only get 5% of people who take it, that's 25 people who buy, that's roughly $1,375 in revenue. On the flip side, if you fine tune your upsell and you sell for the same $55 price point, but now you get 15% of the people buy it, that's 75 upsells a day. That's $4,125. The difference is $2,750 a day. That's the power of having a really good upsell.

A few more proven examples that I love, inserts. You're sending people a product, make sure you're putting inserts that promote other products that you also have to offer. It's a great way to keep getting people to come back and buy more from you.

Another tactic is by using lead magnets, exit intents, with one of my old sites, Nutrition Secrets, when we're selling supplements, we did a quiz at the very end that would break down how people can end up losing weight and then sending them the right product that was great for them. Here's one that I use for my website.

And remember e-commerce, many of you could be selling services as well. I would have people go into a cheat sheet, get in their name and email. And then from there, sell them my services over email. If I'm selling a product, I can offer coupons. And then I can sell them products and services related to that over email as well.

When people go to your e-commerce site, you're going to lose a lot of people from not checking out, right? So they're going to bounce or abandon cart, as they call it. I want you to get those people to subscribe through browser notifications, you can do that through subscribers.com. You want to do a push, and depending on the industry, you can see roughly a 6% click through rate. It's a really simple way to generate sales in addition to email marketing.

Most successful e-commerce businesses deploy sales channels, plus marketing channels to maximize their revenue. By doing both, that's how you can do well.

The question is, are you going to follow all the steps in eCommerce Unlocked so you can get the results? So the next step I have for you is go to neilpatel.com/training, and click on eCommerce Unlocked.

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    32 Responses to 22+ Marketing Channels For eCommerce – Module 1 – Part 3 – eCommerce Unlocked

    1. Sagnik er Satheyy June 27, 2020 at 2:01 pm #

      Wah ❤️

      • Neil Patel June 27, 2020 at 4:40 pm #

        🙂

    2. Amazon Shop June 27, 2020 at 2:03 pm #

      Amazing Sir ❣️

    3. Brick Doe June 27, 2020 at 2:05 pm #

      Thanks for the informative video Neil

      • Neil Patel June 27, 2020 at 4:40 pm #

        You bet!

    4. Learn Moroccan Language ichra7com June 27, 2020 at 2:05 pm #

      hi
      I like adsense and seo videos

      I guess ecommerce depends on seo

      • Neil Patel June 27, 2020 at 4:41 pm #

        Hello there! Yes eCommerce depends on both SEO and promotions 🙂

    5. Deditha Media June 27, 2020 at 2:20 pm #

      Hi Neil, in this pandemic situation your information are valuable especialy for the folks who need to switch from the the offline business to the online business. Great Jobs Neil!!

      • Neil Patel June 27, 2020 at 4:43 pm #

        Thanks so much 🙂

    6. Comedy arena June 27, 2020 at 2:20 pm #

      How to rank in ecommerce

      • Neil Patel June 27, 2020 at 4:41 pm #

        Optimize your pages for keywords 🙂

    7. Fun Traveller Studios June 27, 2020 at 2:20 pm #

      Very good suggestion Neil. I’ve just started my eCommerce store and it is the perfect training I’m looking for. Thanks a lot. I will implement your strategies for sure.

      • Neil Patel June 27, 2020 at 4:43 pm #

        Best of luck! 🙂

    8. Vyash Tiwari June 27, 2020 at 2:22 pm #

      Brother I face good hosting provider for e-commerce in india
      It’s opportunity for you start hosting company in India
      Make for indian by indian

      • Neil Patel June 27, 2020 at 4:45 pm #

        Thanks. my friend 🙂 I do have a branch of my company in India!

    9. Pooja Bhanu June 27, 2020 at 2:24 pm #

      Amazing

      • Neil Patel June 27, 2020 at 4:45 pm #

        Thanks 🙂

    10. Mohan Roy June 27, 2020 at 2:43 pm #

      Sir, after finishing ecommerce unlocked, please start affiliate marketing unlocked.

      • Neil Patel June 27, 2020 at 4:46 pm #

        Thanks for the suggestion 🙂

    11. Ayush Goyal June 27, 2020 at 2:51 pm #

      Hello Neil,
      I am 17 years old and I want to start a company. How can I do that? Where to find business ideas

      • Neil Patel June 27, 2020 at 4:46 pm #

        Hello there,

        You need to start thinking of what type of business you want to start 🙂

    12. Dom Wynn June 27, 2020 at 3:43 pm #

      Super helpful!

      • Neil Patel June 27, 2020 at 4:47 pm #

        So glad!

    13. Shruti Jain June 27, 2020 at 4:11 pm #

      Very well.explained and I loved how the entire course is divided into small chunks so that they could be easily consumed. One thing I want to ask is what if my website or business is of services rather than products?

      • Neil Patel June 27, 2020 at 4:48 pm #

        This still applies 🙂

      • Neil Patel June 27, 2020 at 4:49 pm #

        You’d still want to do SEO and promote your services. My digital marketing agency is a service as well.

      • Shruti Jain June 27, 2020 at 5:16 pm #

        @Neil Patel sure, thanks! Looking forward for other lessons

    14. MD TALKIES June 27, 2020 at 5:07 pm #

      I love ur explanation bro

    15. F. Abedini June 27, 2020 at 5:25 pm #

      Hi Neil
      As always, great information and a lot of gold here. But something that a lot of ecommerce sites face is how to get found. A lot of info on this week one assumes that people are already buying from you or visiting your site. If no one knows or visits your site, who do you send emails to or notify via push or ….

      Would be nice to have a video on how to get found in the first place.

      Thanks

    16. Sanjeev Kumar June 27, 2020 at 5:43 pm #

      Sir,My website appear and disappear in google search results
      Please tell me reason so that i can improve it

    17. elçin harmancılar June 27, 2020 at 6:15 pm #

      Thank you very much. This course came when I was looking a perfect step by step training for my e-commerce business. Hope with this course I’ll also open our brand’s e-commerce website 🙂 Thank you for this amazing training.

    18. Alexander Frank June 27, 2020 at 9:31 pm #

      I’m extremely grateful for this info, like everything else you consistently put out. Thanks Neil, this is huge my man. I appreciate you and your knowledge and desire to help others!

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