7 Mind Tricks to Boost Your Ecommerce Sales

The greatest weapon anyone can use against you is your own brain. The primary function of the brain is to make decisions, and by exploiting the true essence of human psychology by inducing factors like fear, excitement or pleasure, these decision-making capabilities can be governed.
7 Mind Tricks to Boost Your Ecommerce SalesLets begin rolling what these external factors are. Griffin Roer has written in length how mind tricks can effect the purchasing power of the customers. The art of business isn’t all about buying and selling, its also about marketing it well. And to market your services and products well, its important to get into the skin of your target audience.

Lets begin knowing some mind tricks that can boost your ecommerce sales and increase conversion.

1. Only 1 Left in the Stock

By creating a sense of urgency with scarcity you can increase the value of the product, you only have to make your customers feel that the availability is limited. The trick is to keep inventories artificially low. This will motivate the buyer to make a purchasing decision quickly and get their wallet out faster.

2. Order today to avail the item by tomorrow

Consider this scenario, you are browsing a product page and all of sudden you see a pop saying,Hey! Its your lucky day, order today and you will have the product by tomorrow. Now it isn’t much about whether customer want to have a product or not, its all about the happiness the customer will get from the early delivery of the product.

3. Limited Time Remaining for Purchase

Again, a sense of urgency. A deadline can always effect the purchasing decision and bring the customer to your side of the fence. Many coupons based sites are already focusing on limited time deals.

4. Save 38%

The Fear of missing out on something is a great deal-breaker. Sometimes, it looks like everything is on sale. Ecommerce marketers can never ignore the psychological effect of loss aversion. You can always point out the saving right next to MRP and customers will understand that the cost of not buying exceeds the cost of buying.

5. Showcase The Best Value

Another strategy is to display several similar option at an alarming different price. This is done to showcase the most popular or least popular product, which makes the most expensive option seem somehow unreasonable, so the customer will simply narrow down their purchasing decisions.

6. Get Free Shipping on Purchase worth 299

Now, as a money-saving customer, why would anyone want to miss out on free shipping? Say a customer is spending 250 rupees on a tee shirt, and another 50 rupees on shipping. In this case, a customer would want to add socks worth rupees 70 just so that the customer can save some money. This is another mind trick for your ecommerce business to boost sales.

7. Interloper Effect

The desire for outside approval has a name called the interloper effect. Its a part of human nature to think that third-party judgments are unbiased and trustworthy. That’s the reason there is a 5 star rating on some products and 3 on other. Majority of ratings and reviews are in-house in order to give a particular item an authentic feel. Ecommerce websites can always boost sales by following these psychological tips.

Wrapping it Up.
Next time you brainstorm on your business with your employees, makes sure you tell them these rules of engagement which not only will make customers feel comfortable and secure, but will also increase the conversion.

Let us know about more psychological conversion optimization you did for your ecommerce store in the comment section below.

Top 5 Best Email Marketing Tips for Ecommerce Startups

Email marketing makes for one of the most affordable ways to reach out to your customers for startups, especially ecommerce startups. According to a blog published at Custora, email marketing is the second biggest way of driving traffic after search engines for ecommerce businesses. But email marketing is no mean feat considering most users don’t like to share their email addresses with just anyone. So, how do you effectively use email marketing to ensure more leads and revenue for your ecommerce startup?
niriya email marketing tips ecommerce startups

Here’s a little list of top 5 best email marketing tips to drive visitors to your site and converting them into buyers.

1. Segmentation

Segmentation of email list is important to ensure maximum impact. This way you can ensure that you’re sending the right email to each individual customers conforming to their interests or needs. A survey conducted by MailChimp reveals that sending emails to specific segments increases of chances of opening the mail by 14% and click-through rates improve by 15%.

2. Personalization

Giving a personal touch to your message in your emails is extremely important to converting your email recipients into buyers. Email personalization results in 14% improvement in click-through-rates and conversion rates goes up by 10%. So, personalize your email subject lines and call to action to attract prospects. In addition, make it a point that your email list is relevant to your business.

3. Mobile Optimization

According to a study by Litmus, 53% emails are opened on mobile devices and the number is rising by each day. Another study reveals that responsive design of emails is responsible for increasing click-through-rate of emails by 63% and transaction rates by 18%. So, consider making your emails responsive to small screens of mobile devices. Keep width at 500 pixels, body at 14 pixels and headlines at 22 pixels.

4. Images

Images are your surefire tools to make your email marketing campaign successful. Relevant images of products along with your email message help in convincing the readers in clicking on the links that take them to your ecommerce website. Make sure that the product images are clickable. To make your emails even more impactful, do well to use dynamic images showing your products in action offering visitors a real time experience of the product.

5. Call-to-Action

Once the reader of your email is finished with getting your message, your call–to-action button does rest of the job of converting the reader into buyer. Choose colors that make your call to action buttons stand out. Placement is yet another criteria that you must test your CTA on. Ensure creative call-to-action buttons.

Remember, emails are the most powerful weapon in your marketing arsenal and a careless approach will do nothing but hurt your marketing endeavors. Take that extra effort to organize and send out your relevant emails content to lure nearly 70% of consumers who prefer email as the primary mode of communication with your ecommerce business.

Do you know of any other tips that can help you maximize the impact of your emails? Please leave your comments below and spread some ecommerce startup love!