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Identifying Leverage Points in Your Business

The eCommerceFuel Podcast · with Noah Kagan and Dave McGeady · April 14, 2017 · 28 min

Summary

This episode provides a practical case study on identifying quick, impactful changes to boost sales and improve conversion rates for an e-commerce business. It focuses on actionable strategies like optimizing product pages, implementing email capture, and encouraging subscriptions to drive immediate growth and customer lifetime value.

Key takeaways

Themes

conversion & croemail & smscustomer retention

Topics covered

product page optimizationemail list buildingsubscription conversionconversion rate optimization tacticsquick wins for ecommerce

Episode description

We're trying something a little different on this episode of eCommerce Fuel: instead of our normal interview, I've invited Noah Kagan and Dave McGeady to talk about Dave's business Wyldsson. Dave, Noah and I talk about the inexpensive, quick, and impactful changes that Wyldsson could make in the next thirty days to boost its sales and improve its conversion rate. We also discuss why Dave should start collecting emails from his customers, how to encourage them to become subscribers, and the small tweak he can make to his product photos to move even more inventory. You can find show notes and more information by clicking here: http://bit.ly/2pw55RK

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Frequently asked about this episode

What does this episode say about conversion & cro?
Optimize product photos with a clear call to action or a 'buy now' visual cue to immediately impact conversion rates.
What does this episode say about email & sms?
Implement an email capture strategy early to build a direct marketing channel, even with a small existing customer base.
What does this episode say about customer retention?
Focus on converting one-time purchasers into subscribers by offering clear incentives and a frictionless sign-up process.
What does this episode say about conversion & cro?
Identify and prioritize inexpensive, quick, and impactful changes (leverage points) that can be implemented within a 30-day timeframe to drive rapid business growth.

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