⚡️Ecommerce flash sale guide – How to use flash sales to increase sales
I think there comes a time when every business, no matter what it is, whether it’s a physical or a digital product should consider flash sales. In this video, I’m going to show you how to do them so, you know, in the very end what works and what doesn’t work. I will also be going to point out the pitfalls that could cost you a tremendous amount of money.
Now, according to data from e-commerce stores from 2020 flash sales, websites that use flash sales increase their gross monthly sales by 64,000%. But there’s a problem with this and it can cost you a lot of money, even though you increase your sales and I’m going to get into it in this video.
What is a flash sale? Basically, it’s a discounted product, free shipping, lower prices, or whatever it is, but it’s for a very, very short period of time.
✅02:08 – IT CAN HELP YOU MOVE OUT SOME OLD INVENTORY
✅02:35 – YOU CAN ATTRACT NEW CUSTOMERS
✅02:49 – YOU CAN BOOST REVENUE
✅03:03 – IMPROVE YOUR BRAND LOYALTY
✅03:23 – ERODE YOUR PROFITS
✅03:47 – IT CAN LEAD TO DISENGAGE CUSTOMERS
✅04:56 – Get Kartra Email & Funnel Maker for $1: http://bit.ly/kartra-trial1
✅05:40 – INVENTORY OVERSELL
✅06:24 – SHIPPING DELAYS
✅08:20 – WHAT IS YOUR GOAL
✅09:55 – SELECT THE RIGHT PRODUCTS
✅10:30 – YOU GONNA GIVE THEM A GOOD DEAL
✅11:02 – BE PREPARED
If you have additional questions or any questions to do with selling online, don’t hesitate to leave them in the comments section below and I’d be happy to help you out.