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REASONS TO WHY SOCIAL COMMERCE VIRGIN APP IDEA | TROOTECH BUSINESS SOLUTIONS
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Higher Revenue Social commerce was able to scale up the revenue stream by providing a platform where users were engaged for a longer span resulting in more exposure of the products and services.
Product return rate
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Owing to the features of social commerce such as chat and communities, there was a less chance of user making a bad choice and returning the product, but it was near to finding a needle in a haystack case.
Average order value is higher
As users keep connecting and exploring the products, it lures them rather than just viewing and this fact was targeted by social commerce platforms in increasing the average order value.
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04 05 06 EASY ROI IDENTIFICATION
Get instant idea of inputs in the form of feedback's on the social commerce platform itself, enabling managers to alter the strategies based on likes or views of products.
HIGHER ORGANIC SEARCH ENGINE RANKINGS
Engagement strategies in social commerce leads do direct and indirect traffic to the website by providing links through content and driving the traffic to desired point. Thus attracting a lot of users can lead to clamber in the organic search engine rankings.
USER ENGAGEMENTS & TRAFFICS
Give and take, social commerce websites provided users a platform to connecting and sharing mutual interest, and in return it increased user engagement and traffic.
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07 08 09 CUSTOMER LOYALTY & RETENTION RATES Aiding users with the desired features and functionalities, providing them the customized interface and keeping their expectations at the highest priority obviously lead user loyalty towards social commerce platforms.
INFINITE PROMOTERS
Customer centric business model helps the businesses to reach the mass, as customers help in spreading the word and promoting the business if they are fully satisfied with its products and services. And social commerce platforms hit the eye.
modification of product
Being a platform blanketing all the social media functionalities, there were many ways by which feedback's received from the customers. These feedback's were valuable as they helped the vendors get acknowledged and provided information about products and vital modifications.
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Why Social Commerce is Better Than Pretentious Social Media Commerce In Case If You Want To Delve Into Social Commerce
10 BROADCASTING NEW OFFERS
CUSTOMERS STRENGTHENING BUSINESS NETWORK Socializing definitely leads to a stronger business network owing to various features such as sharing, communities, connecting with sales managers and store owners etc.
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This is was easy-peasy task for the vendors or sellers to simply broadcast new offers and deals directly to the community, selected customers, groups or by filtering customers under various metrics such as website activity, shopping frequency, amount, etc.
DIVERSIFIED PRODUCT PORTFOLIO CATERING
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Social commerce provided sellers a master card to sell all types of products regardless of the category under which the seller is registered. This had given a jolt to the sellers and enticed them to enroll themselves in the social commerce marketplace.
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13 manipulation of supply Owing to the statistics, at any point of time the vendor or admin can judge the selling of all the products, in case they find it selling more or not selling at all they can change the supply rates instantly.
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CUSTOMER interaction Social commerce provides interactions among the customers in the form of messages, posts, communities, groups, etc. This increases user’s interest in the application as well as kicks their curiosity to shop and connect more.
14 PRIVATE USER COMMUNITIES Users can even form their own personal communities depending on their interests and thus can discuss about their adored brands and items. This feature can confide user into using our application more as they can conveniently discuss about the products in a private community.
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users invitation
Personalized user experience Users were allowed to personalize this social commerce app in any way they find it suitable depending on their interests. This made them fascinated to use social commerce app more.
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Of course, this feature is mandatory as it’s social commerce. Customers being happy with the companies and they were keen to invite the once who weren’t aware about, made the user traffics organic.
17 Marketing managers Each brand provided a dedicated manager that takes care of their products on the social commerce application, right from the prices, to offers, promo codes, stock, etc. And most important of them was to handling the queries of the customers.
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Why Social Commerce is Better Than Pretentious Social Media Commerce Just In Case, If You Missed Last Time
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dynamic enhancING ability Through social commerce channel all types of businesses get equal opportunities to flourish, it can pour into any business or industry working online or offline.
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CONSUMER BEHAVIOR ANALYSIS The features of comments, likes, shares, posts and feedback made quite easy for the admin to analyze the behavior of customers and make any variations in the strategies or tactics.
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Sellers convenience Social commerce platforms were not binding any of its sellers to tie up for a predefined period, sellers had liberty to exit the platform if they do not find it enhancing their business, and can even join it at any point.
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The biggest annoyance of social media, Ad posts, and social commerce had said goodbye to them. No more Ads popping on the screen and residing on the sides, distracting users concentration.
Next Gen Business Model
Definitely this novel approach had given birth to the next generation business model by loading the platform with features that can lure any seller to join the platform and uplift their business.
Constant FEATURE Upgradation With each passing moment there is something new in the technological world, and social commerce platforms incorporated all of them in terms of features and functionalities, upgrading the entire system as well.
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BIGGEST EMERGING VENTURE IDEA Social commerce had proved to be the upfront emerging venture idea in comparison with the growing social media and e-commerce filled market. New, novel and uplifting were the pillars of this venture idea.
The writer can also give facts and detailed information following answers to general questions like who, what, when, where, why and how.
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Why Social Commerce is Better Than Pretentious Social Media Commerce
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VIRGIN APP IDEA | TROOTECH BUSINESS SOLUTIONS