Are you contemplating yourself as an entrepreneur? Do you look forward to tapping into the e-commerce market with your own products or services? Look no further. Of the thousands of e-commerce websites found all across the internet, Shopify remains one of the most prominent and user-friendly e-commerce websites, serving over 700 million consumers and 6.4 million merchant stores worldwide in 2023 alone.
But if you’re starting out on this platform, how do you best position your enterprise to succeed? What strategies can you put into play to grow your business while beating your competitors hands down? It’s only prudent that you ask yourself such questions.
Yet, because every online business is faced with its own unique opportunities and challenges, we can’t, in good conscience, provide a definitive blueprint for all businesses to succeed on Shopify. However, based on our experience and research, we can look in depth at the closest thing to a blueprint for success on Shopify—these 7 steps.
Step 1: Researching Customers and Competition
First, you need to know who the target customers are, what they want, and how they use e-commerce platforms for shopping before launching your online store. You also need to analyse your competition to highlight their strong points and weak areas, along with the gaps in the market and opportunities.
Some of the tools you can use for research on your customers and competitors are Google Trends, Facebook Audience Insights, Shopify Compass, and Shopify Research. Others may include site surveys from your existing or potential customers and joining online communities and forums.
Step 2: Craft Your E-Commerce Brand Strategy and Messaging.
Once your market and niche are clear to you, proceed to define your brand identity and value proposition. Your brand identity should outline and differentiate your business as unique and memorable for your customers, while the value proposition outlines what will nudge them into buying or using the product or service if it is of use to them.
Step 3: Design Your E-Commerce Brand Identity.
After having defined your branding strategy and its message, it’s time to translate it into visual elements that will express your brand visually, i.e., a logo, colour palette, typographies, images, etc.
Some of the tools you can employ here include Shopify Logo Maker, Canva, Adobe Photoshop, or, better yet, you can hire the services of a professional designer.
Your brand identity is represented not just in your logo and website design but in every single component of your business operations. It includes everything from your product packaging to customer service, email marketing, social media marketing, content marketing, and so on.
Step 4: Build Brand Equity Through a Positive Customer Experience.
Brand equity stands for the value that your brand has in the minds of your customers. Elements that affect brand equity are aspects such as awareness, recognition, reputation, loyalty, etc. To build brand equity, your establishment should strive to deliver positive shopping experiences that are above the expectations of the customers and delight them at each interaction throughout their shopping journey.
Step 5: Grow A Community Around Your Brand.
Building a community of loyalists and brand advocates is one of the strongest strategies to grow your Shopify store. A community will help you get more customer retention, organic word-of-mouth growth with the customers, social proof for new products, and user-generated content.
To build a community around your brand, you need to:
- Engage with customers on social media platforms.
- Consider creating an online group or forum where customers can meet and share their experiences concerning using your products or services.
- Create a blog or podcast and share knowledgeable content about your niche market.
- Partner with influencers who share the same audience as you in your niche.
Step 6: Optimise Your Shopify Store For Conversions.
Your Shopify page is the main channel where you present your products and sell them. As such, it needs to be optimised for conversions—turning your visitors into customers. To make this happen, you need to ensure that your website is fast, secure, user-friendly, mobile-responsive, and SEO-friendly.
To optimise your online store for conversions, you need to:
- Select a Shopify theme in line with your brand and niche.
- Personalise it with your brand elements as well as content.
- Write compelling product descriptions and images.
- You can include exit-intent popups or email capture forms to reduce cart abandonment.
- Add a conspicuous and clear call-to-action button on each and every page.
Step 7: Boost Your Shopify Store Traffic
Once you have accomplished all the required work as described above, you need to work towards drawing qualified traffic to your online store. Traffic is the number of people who visit your online store. The more traffic you have, the more chances you have to make sales. However, this traffic is not all the same. You will have to attract qualified traffic, i.e., people interested in your products and who are likely to buy them. In order to bring traffic to your online store, you can leverage other marketing channels and strategies, like:
- Search engine optimisation (SEO)
- Content marketing
- Social media marketing
- Email marketing
- Influencer marketing
Summing Up
Starting an e-commerce business on Shopify is a challenging but rewarding endeavour. Following the 7 steps this article provides will leave you with an outline for e-commerce success on Shopify, which you can follow to launch and ultimately grow your own successful online store.
Read also: shopify website design
That being said, you should know that it is never an overnight success. You need to be patient, persistent, and adaptive. You also ought to keep on learning from other successful Shopify merchants who were at the same starting point where you now find yourself.
You can also seek the expertise of venerable Shopify agents who already know the ins and outs of the e-commerce space and can put you through launching a Shopify store. If you are in London, Pluro is one such Shopify agency London entrepreneurs rely on for such services.