Starting an online business today is quite easy. But making the business successful is not easy. Although different niches require different approaches, it is important to focus on the basics. How to find customers, how to attract and keep their attention, how to motivate them to make a purchase.
Betonlogos Czech Republic works with companies producing electronics, machinery, agribusiness products and textiles. We automate routine supply chain and sales processes using proven business models, including dropshipping - one of the most affordable ways to start your own business.
In this article, we will provide advice useful for both those who want to sell consumer goods and those who plan to work with more complex niches.
Lead magnets are a powerful tool for capturing the attention of your audience and collecting contacts, said the managers of Betonlogos company. Add a widget to your website offering a discount on the first purchase for signing up for an email. This will increase conversion rates and increase the number of subscribers to whom you can send newsletters with new products and offers.
- For mass consumer goods. Offer discounts, free shipping or a small gift for subscribing to the newsletter. For example, for an online clothing shop, this could be a 10% discount on the first order or free shipping on the first purchase.
- For technology-intensive industries. A lead magnet could be a detailed guide or checklist. For example, agriculture-related businesses could be offered the guide ‘Preparing machinery before harvesting’. In the field of electronics - a checklist ‘What to consider when buying professional equipment’. And for pharmacy - useful information on certification or drug selection.
2. Creating Lead Magnets: Attracting First Customers
3. Effective Email Marketing: How to Turn Subscribers into Customers
Email marketing remains one of the most effective tools for product promotion and a classic retargeting channel. Segment your subscriber base to send only relevant emails.
- For popular and everyday products: Automated series of emails with discount offers, product picks, product care tips, fashion trends.
- For specialised niches: E-mail newsletters can include industry news, useful tips on the use of complex equipment or information on new legislation. For example, for electronics - tips on installation and maintenance of equipment, and for agriculture - information about promotions before sowing campaigns, review of the most effective fertilisers and links to your videos about new models of tractors and combines. In pharmacy - free samples for pharmacies or discounts on bulk purchases. In electronics - exclusive offers on new models or free training on the use of sophisticated devices.
Regardless of the niche, an effective business starts with analysing the market and customer needs. Study your target audience, find out what products are missing in the market, what is most in demand and popular. Divide the audience into groups by interests, needs, age, gender, geography and buying behaviour.
- For popular and everyday products (clothing, accessories, home goods). It is important to identify the age, gender and interests of potential buyers. Use social media data and analytics tools (e.g. Google Analytics) to gather information about your potential customers.
- For more complex niches (agriculture, pharma, electronics, textiles). Work with narrow segments. Pay attention to professional forums, industry conferences and publications. Agricultural niche: farmers, farm owners, agronomists, engineers. Pharma niche: pharmacies, clinics, doctors and drug companies. Electronics - companies in need of equipment or retrofitting.
1. target audience analysis: how to understand your market