Hey, we hope you learned something new!
Let the Parkyd Digital team help you to grow your business, we are just a call away.
Home > Industry Insights > How To Improve eCommerce ROI In 2022?
As an eCommerce business, certain factors can substantially influence your ROI. In case your store offers items with a more exorbitant price point, for example, it might just take a couple of sales to recover your ROI. However, an organization that sells lower-valued items should make more conversions.
Further Reading: What Is eCommerce ROI & How You Can Calculate It?
When your team has done the ROI calculations, you can start looking at how to improve your existing returns.
Here are 5 ways to improve your eCommerce ROI:
Review buyer personas
With any strategy for online marketing, it's fundamental to establish a plan that provides for your buyer personas. In case you are still referring to some outdated or broad persona, it can lead to a low-quality SEO campaign. Sit down with your marketing team and set aside the effort to assess your buyer persona. If it still caters to the goals of your business, then find ways for improving it.
Focus on getting high-quality traffic
When low-quality, unqualified traffic visits your site, they're adding to your organics no doubt, but not to the bottom line of your business. Many have no intention of purchasing from your organization, which means they're not so much as even a potential lead. Diverting your SEO endeavors to qualified traffic can hugely affect your eCommerce ROI. Construct a system that targets your audience, rather than just anybody simply looking around.
Utilize long-tail keywords
The eCommerce business is cutthroat, which can make securing the ranks for high-visibility keywords troublesome. That is the reason why it's useful to incorporate long-tail keywords in your SEO methodology. While they have less traffic, they additionally have low competition, which can help you reach the target audience. For your reference, a long-tail keyword usually consists of 3-4 words, whereas a short-tail one has 1-2 words.
Prioritize the best-sellers
When you need to further improve your eCommerce ROI, it won’t hurt to reevaluate the direction of your strategy. In case your organization emphasized more on optimizing all of your offerings during the last few months, rather than guiding all your focus toward your best-selling items, you might have missed out on some lucrative opportunities. By spreading your assets and time across your entire lineup of products, you've just achieved negligible gains. First, prioritize your best-selling products, and then advertise the other products in your stockpile.
Enhance website UX
In certain instances, your company’s team might have an excellent SEO procedure in place and still not get the ideal results. When that occurs, you really might want to look past content optimization and keyword targeting. See your website from the perspective of a user and determine the areas that need improvement.
A slow and confusing website can cost you many eCommerce sales. Also, nearly 90% of visitors will leave a site if they don’t find it user-friendly. While each client differs in what they need from a website, very few want to deal with one that is slow, difficult to navigate, and looks dull.
Need an experienced web optimization agency to tweak your eCommerce’s online presence ideally for improved ROI?
We are a B2B digital marketing agency focused on delivering innovative, strategic and cost-effective solutions that align with your sales and marketing goals. Through an ROI-driven approach, proven data-driven techniques and over a decade of experience, we help you generate high-quality leads, optimize your conversion rate and build customer loyalty.