Thursday, November 8, 2007

ECOMMERCE STRATEGY - Are you Selling to Impulse Buyers?

Online shoppers buy on an impulse mostly because they are merely "window shopping" or are indecisive. For example, sometimes I go to flea markets without anything exact in mind to buy, but when I do find something nice, or something that I will probably need in the future and is offered at a low price today, then I buy it on an impulse. Even online many merchants take advantage of this "indecision" as an excellent ecommerce strategy.

And yes, you are familiar with this ecommerce strategy that even McDonald's and other brick and mortar fast food stores use.

People also buy on impulse if the products are on sale on a limited period of time. The temptation to buy and save money on the purchase is overwhelming enough to let the opportunity pass. As an online merchant, the more you can exploit this ecommerce strategy by offering "more for less", the better you will make a profit.

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