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Average Order Value: Definition, Formula, & 8 Ways to Skyrocket Your AOV

Optinmonster

AOV is a crucial metric for any ecommerce business owner or marketer. If most of your customers come to you for low-price individual items, such as socks or shorts, then your AOV will be low. This number is a helpful benchmark for future sales periods and can also help you assess and improve your marketing campaigns.

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How To Upsell: 15 Upselling Tips & Examples To Boost Revenue

Optinmonster

In Marketing Metrics , the authors say: “The probability of selling to a new prospect is 5-20%. When you buy a cell phone online, and the online store suggests screen protectors for that model, that’s cross-selling. Upselling is persuading the customer to upgrade their product or buy a more expensive version of it.

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How To Prepare for Black Friday and Cyber Monday Marketing

Optinmonster

Are you looking for the best and easy-to-follow Black Friday marketing guide? For eCommerce businesses, holiday sales marketing like Black Friday represents more than just dates on a calendar. In this post, I’ll share a marketing calendar specifically tailored for Black Friday and Cyber Monday (BFCM) marketing.

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34 Clever Scarcity Examples to Skyrocket Your Conversions

Optinmonster

If yes, you’ll gain a lot by reading about scarcity examples in marketing. We’ll also share 34 scarcity marketing examples to help you boost conversions. In marketing, studies have found that limited-time offers improve the chances of customers buying a product by up to 33%. How Does Scarcity Marketing Work?

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Black Friday discounts: 7 clever ways creators can use discounts to boost sales this season

ConvertKit

Buying something you’ve had your eye on for a while—and saving a bunch of money in the process—gives you an instant feeling of gratification. A creatively crafted discount offer can push customers who might still be on the fence to buy or encourage existing customers to buy again or share your products with their audience.

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A Review of Retargeting Strategies to Test

NuSpark Consulting

Retargeting, also known as remarketing, is a marketing strategy that aims to reach users who have previously interacted with your brand, website, or content. Here are some of the key retargeting strategies in marketing: Website retargeting: Show ads to users who have visited your website but didn’t convert or take the desired action.

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E-Commerce Content Marketing Strategies That Don't Involve Discounts

SmartBug Media

Gaining the trust of new or prospective customers depends on specific content marketing strategies that fit your company and customer demographics. Through strategic content marketing, what other incentives can brands provide for new and prospective customers? Content Marketing Strategies That Avoid Discounting. Plateau demand.