In business, Sales Velocity measures how quickly you can move a prospective lead from the initial stage of interest to the final stage of purchase. This involves understanding four crucial factors: the number of sales opportunities, the average deal size, the conversion rate, and the length of the sales cycle. Increasing any of the first three factors or decreasing the sales cycle time is essential.
Social Media Marketing (SMM) is the use of social media platforms to connect with your audience to build your brand, increase sales, and drive website traffic. This involves publishing great content on your social media profiles, listening to and engaging your followers, analyzing your results, and running social media advertisements.
To enumerate, as an eCommerce business Major Specialist, you are an expert in online sales strategies and the various platforms used to conduct digital sales or conversions on a website. Your responsibilities include monitoring the day-to-day activity on the web-based business website. As well as its overall performance to achieve goals like improving user experience.
Many B2B companies share common marketing and sales challenges, including the difficulty of finding new B2B customers. Another big challenge is that our increased use of social media and digital channels means that customers aren’t as dependent on talking to a supplier, as they have the opportunity to obtain information and solutions to their problems and challenges on their own.
Overall, B2B Platforms are tools that help power up the product marketplace as a space for different buyers and sellers to trade products with each other. The most popular example of this is Amazon.com. Whereby, marketplaces are categorically organized so that many sellers have the opportunity to sell their products or services wherever they are in the world.
Traditional Marketing is a technique that allows you to reach a wide audience to build brand awareness, establish credibility and attract more customers. Understanding the different types of traditional marketing forms can help you learn when, where, and how to use them in order to build effective strategies that elicit positive campaign results.
eWorldTrade is known to be a well-established B2B marketplace that has more than a decade's worth of expertise in web development and digital branding. They offer a wide range of diverse eCommerce services while simultaneously helping them expand their client database.
When you need to make a consistent B2B sales goal, no matter what industry you’re in, you must follow some basic strategic plans to close any business deal. For instance, creating an outstanding sales process will help you follow a consistent business method while ensuring that all your target leads turn into sales. And, a big role is played by making an excellent first impression.
As an example, getting someone to open an email is an act of lead conversion. Then again, having them click on the call-to-action link inside that email is another lead conversion. Also, going to the landing page and filling out a registration form to read your blog content is another lead conversion. And, of course, buying your product is the ultimate goal of some if not all lead conversion.
