Online Sellers: 6 Ways to Generating High Revenue per Month Using Coupons

By SiliconIndia   |   Thursday, 11 January 2018, 05:27 Hrs
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Nowadays online stores become one of the greatest sources for online shopping. The attractive deals and wider choices offered by online stores to the customers insist online shopping instead of traditional shopping. At present, with the increasing popularity of Smartphone people prefer to shop online that is more convenient and efficient. Along with shoppers, the sellers are also getting the huge benefit from this ongoing trend. At present, every e-commerce store in the industry wants to compete their competitor to get higher business.

Everyone is using some strategies to accelerate their sales and productivity. Out of which the most appreciated method is the appropriate use of online shopping coupons, promo codes, deals, discounts, and offers. Website like Savioplus India provides these cashback coupons and deals to their customers free of cost. Coupons are the medium to pull the business or grab the customer’s attention towards store. By the time, coupons gaining persistent popularity and approval amid marketing dealers or managers.

According to Advertising Age which is honored with the name - the Bible of the Advertising Industry surmises that near about 88% of the buyers using the coupons while shopping online.

Below are the 6 key points – to use discount coupons, special deals and offers that will accelerate the revenue and sales of the products to the next level.

Make a Plan & Clear Vision

Before you move on to digital coupon/voucher marketing, try to make your initial advertising simple. One of the most trendy ones is Buy one Get one (BOGO) or free delivery as well. Set a strategy and clear your vision and provide free samples or products to customers that can be avail via special offer or deal. Before launching a contest – be assured or do well research about the market to get the desired revenue.

Monthly Coupons – To Drive Revenue

The most effective way to hike up the product sales is coupons – the coupons act as a booster that doubles the sales and revenue. Some companies like Zoomcar offer Zoomcar promo code at the end of the month to increase the productivity and get the best possible revenue. For example, Flipkart, Amazon, and other online store offer coupons to their users in the weekend or in end of the month to cover up the whole month target in the last week that results in high revenue.

Festive Coupon – Grab this Opportunity

The festive season is the golden season for the sellers, especially for online sellers. People looking for the attractive deals and offers during this festival like Diwali, Christmas, New Year which are considered as the big ones. In India, the whole year pass with festivities that become the ultimate source to drive the business for online sellers to push sales and revenue. Do research what your competitor is offering this festival and try to figure out what you can do better than them to grab the customer attention. It’s the best option to generate festive coupon and easily reach to the customers – in return, it will trigger their interest definitely reach to your store.

Combo Shopping - Deals and Discount

Everyone likes to get extra along what they purchase. That’s why most users seeking for the combo offers and deals on the internet. The combo deals always the attractive one – customers preferred to buy combo products that’s why most of the popular online stores offer their users the effective combo deals to accelerate the sales more and more! Many combo offers are running currently in the stores – packs of combo shirts, jeans, and more. 

Authenticated Coupon Sites Partners

There are various reputed and 100% authenticated coupon sites – SavioPlus, Voucherfollow who have an exclusive bond with numerous online sellers/merchants and offer working coupon codes to their visitors. The sellers who want to drive high revenue on their products can tie-up with these sites and become partners. For example – Myntra is providing discount coupon code in alliance with SavioPlus. Users easily reach to these sites and use the coupon code and finally reach to the merchant store.

Social Media – For Coupon Marketing

Social Media is considered as the most powerful tool for digital coupon marketing.  For most of the people, the social media means Facebook and Twitter but that’s not true. There are many another big platform where you need to keep an eye on your customers. Social Platforms like YouTube channel, Instagram, Snapchat, Pinterest all are highly used media. Be assured to link your accounts that will circulate your coupon code from blog to social media platforms. Most of the traffic on the online store directed from these social sites – where people saw the coupon code and without thinking much they visit the store. So, do well research and use these platforms to get the most effective revenue.

Above mention, points are some of the ways through which the sellers can drive the business and improve revenues using coupons, deals, and discounts. Add on them in your stores and hike up your sales to next level!

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