It’s no secret that making yourself stand out is harder today. Customers have more options online than they’ve ever before, and many businesses selling directly to customers are scrambling for ways to get people’s attention.
When focusing on a D2C market, we must think of how to structure our efforts to approach sales from every angle. For example, if your current efforts aren’t convincing enough prospective buyers to buy your brand, then maybe it’s time to develop a streamlined sales ecosystem.
A sales ecosystem is an invaluable asset to attract prospective customers in a saturated market. Let’s go over the major components of an impactful sales ecosystem, from the customer journey to the development of marketing content and what it takes to develop one.
Direct-to-consumer marketing rose by 19.2% in 2021, and it’s not showing any signs of slowing down.
So, if you want to join the rising trend of direct-to-consumer marketing, it may be time to create a sales ecosystem that’s focused on providing the best customer experience possible.
A sales ecosystem, in a nutshell, encompasses all the teams, individuals, and workflows in a company that focuses on generating additional sales and revenue. They are involved during product launches and respond to customer complaints and questions while supporting each other along the way towards a common goal: business growth.
We call it an “ecosystem” because no single individual or team can do it alone. By definition, it requires collaboration amongst many different groups serving different purposes throughout the organization:
There are far more examples too, and you’ll find that your ecosystem will include contributions from all sorts of teams in your company.
A healthy sales ecosystem must involve several contributions from across the business to succeed. That means connecting sales, marketing, customer support, and product teams to deliver a consistent and seamless experience.
“Keep your eye on the ball” is always good advice. That’s why online storefronts need to pin down a target demographic to tailor their business goals and marketing strategies around it.
Questions to ask about your target audience include:
Customer segmentation, a large part of the sales ecosystem, focuses on identifying groups of customers and appealing to each of their interests.
Imagine the entire “timeline” of what customers experience when interacting with your brand. This complete story is what we call the customer journey. We can break down its stages into:
The transaction happens at this point, but the sales ecosystem doesn’t stop here. We also need to cover the post-sales strategy for boosting customer loyalty.
You know a lot about your potential buyers now. You understand their motivations, why they’re searching for solutions to their problems, and the challenges they go through. It’s time to develop a tailored sales approach to capture those leads and convert them into paying clients.
A sales strategy runs through several stages:
Keeping current customers loyal to your brand is just as important as finding new customers. An effective sales strategy thus runs in a circle, unlike the customer journey that most businesses treat like a linear process. The sales cycle is often pushed as an upgrade to the traditional “sales funnel” for this reason.
You’ve likely noticed that clients do a lot of market research and read up on industry news and findings before coming into contact with your brand for the first time, so why not meet them by producing your own content?
Marketing content is paramount in helping clients along the customer journey, pushing them into your open arms at the end. Marketing content can generate different intended effects:
It’s also worth bringing up omnichannel marketing. Clients will scour all sorts of channels like email, social media, websites, and even physical media to find their answers, so there’s no reason not to produce content for all of them at once.
eCommerce is the backbone of the sales ecosystem today. Statistics show that the direct-to-consumer eCommerce market in the U.S. alone reached $111.5 billion in 2020 and will continue to rise in the next few years.
A sales ecosystem contains eCommerce-specific tools and solutions:
A sales ecosystem doesn’t just pop up overnight. It takes consistent effort, the right approach, and may require backup from a proven D2C marketing agency.
A sales ecosystem is a multifaceted approach to boosting publicity and sales for an eCommerce storefront. It involves identifying your target audience, mapping out your customer journey and a sales strategy that supports it, creating relevant marketing content, and fine-tuning your landing pages for top performance.
Ready to jump into social commerce, optimizing conversion rates, or any other aspect of the diverse and all-encompassing sales ecosystem? Schedule your 30-minute discovery session with Parkfield Commerce today. We’re your one-stop shop for everything from marketing services to D2C Shopify store design.