6 Unconventional Ways to Grow E-commerce Revenue Immediately

This article explores six unconventional tactics for quickly increasing ecommerce revenues. These are:

1. Brand partnerships: Partnering with businesses selling complementary products allows for shared marketing, like sending exclusive offers from the partner brand to your email subscribers, for mutual benefit.

2. Calling customers: Personal check-ins from the business founder can help nurture relationships with loyal customers. This can involve sharing news, asking for feedback, or making exclusive offers.

3. Virtual events: Online events such as webinars and product showcases can help overcome customer objections, generate buzz, and drive immediate sales through exclusive offers.

4. Retail takeovers: This somewhat risky strategy involves distributing flyers, coupons, and sales pitches to customers of big box stores catering to a similar audience.

5. Email networks: Utilizing both your own email lists and those of others, such as email newsletters or brand owners, can drive quick revenue. Relationships with these providers often work on a performance-based model, where you pay a fee per sale.

6. Pre-orders: Encouraging customers to pre-order products allows you to get payment upfront without having to immediately ship inventory.

While these methods can offer quick cash, they require planning and preliminary testing to ensure their effectiveness. When cash flow problems arise, businesses should be prepared to implement these tactics swiftly and effectively.

Reference - https://www.entrepreneur.com