Amazon’s Washington State Ad Tax: What Sellers Need to Know
Reading Time: 3 minutesAmazon recently announced a significant change for sellers advertising in Washington state:…
From millennia it is has been a fact that words of mouth spread like fire. This eccentricity may have changed faces over time but surprisingly has never been a forgotten frenzy. In fact, it has become a very substantial part of digital marketing and is known as referral marketing. When the whole world is going for it, how can we let you lag behind hence we are discussing here, why you should opt for referral marketing for your eCommerce website.
If you have ever visited a shopping website, you might have noticed that they offer you some sort of incentive for referring their site to your social network. The incentive will be for you and all those whom you refer to.
1. Does your eCommerce business need a referral program
2. Which referral program will suit your business the best
To get the answer to the first question, you must look for two offices
1. The per month sales percentage of your online store.
2. Are you already getting enough organic word-of-mouth referrals?
Around 250 monthly transactions are considered ideal. Though not all the customers will do referrals because they might not be willing to or would have simply forgotten or there could be other reasons as well.
Now that you know why you should opt for referral marketing for your eCommerce website, don’t delay and get your very own referral program that will sky-rocket your sales.
Cedcommerce Can Help
For a remarkable amount of time, CedCommerce has been offering the necessary technical solutions inclusive of marketplace building solutionss and hosting services specifically made for building one such platform. These extensions come with a multitude of features to aid in the development of a rich multi-vendor e-commerce marketplace. With our, “Refer a friend extension” you can track the customer conversion rate. Not only can you manage and customize the reward points for each of the customers even your customers can share referral codes and affiliate banner links through emails or any social networking sites.
For building your own multi-vendor marketplace platform and to see what our satisfied customers have to say about us do visit: CedCommerce
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