It is almost impossible to personalize seller profiles on marketplaces to highlight their uniqueness. Even when a buyer orders your product, it is unlikely that they will become a regular customer and you will build a loyal base. This is the marketplace audience that pays attention to reviews, description, and price of the product, not the seller themselves.
Network Marketing for Online Sales Growth
In the digital world, there are many options for developing a business facebook data on online sales. And instead of placing on marketplaces, you can use the network marketing strategy (MLM). Its implementation is becoming more and more widespread, and the annual turnover of companies built on the MLM model reaches more than 200 million dollars.
Network marketing is a direct sales concept based on the distribution of goods or services through a network of distributors.
The main feature of network marketing is the compensation plan, which determines the conditions for receiving profit for your partners. This plan includes commissions, bonuses and premiums for distributors for selling products and attracting new partners. Thus, using the MLM model allows you to scale your business without much expense on promotion.
Difficulty in gaining loyal customers
-
- Posts: 431
- Joined: Sat Dec 21, 2024 9:35 am