[[{"@type":["Article"],"@id":"https:\/\/www.the-future-of-commerce.com\/2022\/04\/05\/e-commerce-strategies-boost-revenue\/#Article","@context":{"@vocab":"http:\/\/schema.org\/","kg":"http:\/\/g.co\/kg"},"url":"https:\/\/www.the-future-of-commerce.com\/2022\/04\/05\/e-commerce-strategies-boost-revenue\/","publisher":[{"@id":"https:\/\/www.the-future-of-commerce.com\/"}],"author":[{"@type":"Person","@id":"https:\/\/www.the-future-of-commerce.com\/2022\/04\/05\/e-commerce-strategies-boost-revenue\/#Article_author_Person","image":[{"@type":"ImageObject","@id":"https:\/\/www.the-future-of-commerce.com\/2022\/04\/05\/e-commerce-strategies-boost-revenue\/#Article_author_Person_image_ImageObject","url":"https:\/\/cdn-bijap.nitrocdn.com\/AuMaQmessFRMSicXmZsEecJFLEquAyoT\/assets\/static\/optimized\/rev-b3d386d\/wp-content\/uploads\/2021\/01\/Riad-Headshot-150x150.jpg"}],"url":"https:\/\/www.the-future-of-commerce.com\/contributor\/riad-hijal\/\nhttps:\/\/www.the-future-of-commerce.com\/contributor\/riad-hijal\/","name":"https:\/\/www.the-future-of-commerce.com\/contributor\/riad-hijal\/\nhttps:\/\/www.the-future-of-commerce.com\/contributor\/riad-hijal\/"}],"subjectOf":[{"@type":"FAQPage","@id":"https:\/\/www.the-future-of-commerce.com\/2022\/04\/05\/e-commerce-strategies-boost-revenue\/#Article_subjectOf_FAQPage","mainEntity":[{"@type":"Question","@id":"https:\/\/www.the-future-of-commerce.com\/2022\/04\/05\/e-commerce-strategies-boost-revenue\/#subjectOf_FAQPage_mainEntity0","name":"Pivot & capitalize: Examples of profitable e-commerce strategies","acceptedAnswer":[{"@type":"Answer","@id":"https:\/\/www.the-future-of-commerce.com\/2022\/04\/05\/e-commerce-strategies-boost-revenue\/#subjectOf_FAQPage_mainEntity0_acceptedAnswer_Answer","text":"Brands must constantly look over the horizon to understand market and customer trends and identify new business opportunities. They need the flexibility to quickly pivot and execute effective strategy changes to capitalize on emerging trends.<\/span><\/span><\/strong>
  • Trying out new business models<\/strong> like subscription services<\/a>, which can create a more stable and predictable revenue stream<\/li>
  • Building an <\/strong>online marketplace<\/strong><\/a> to provide a single place for your customers to buy<\/li>
  • Adopting an \u201ceverything-as-a-service\u201d<\/strong> (XaaS) offering to create customized services that meet the specific needs of each client at a price that makes sense for them<\/li>
  • Adding new direct-to-consumer<\/a> tactics<\/strong>, such as selling in trendy customer engagement channels such as TikTok or Instagram<\/li> Brakes, a B2B food delivery service and a top supplier to the food service sector in the UK, made a quick strategic pivot when COVID hit<\/a>. The company decided to sell products directly to customers by creating a new D2C channel in just seven days.<\/span><\/span><\/strong>Families were able to shop for groceries safely from home. Hospitals and healthcare facilities continued to be served while more than 1.5 million care packages were distributed to the most vulnerable. Overall, Brakes made more than 6,000 groceries accessible to 6.8 million households in the UK."}]},{"@type":"Question","@id":"https:\/\/www.the-future-of-commerce.com\/2022\/04\/05\/e-commerce-strategies-boost-revenue\/#subjectOf_FAQPage_mainEntity1","name":"Take a holistic view: End-to-end commerce","acceptedAnswer":[{"@type":"Answer","@id":"https:\/\/www.the-future-of-commerce.com\/2022\/04\/05\/e-commerce-strategies-boost-revenue\/#subjectOf_FAQPage_mainEntity1_acceptedAnswer_Answer","text":"For years, digital commerce<\/a> organizations focused mainly on top-line revenue growth, which made sense when e-commerce was seen as a growing, but still small part of the revenue mix. But now, with its bigger revenue contribution, they need to focus on the bottom line.<\/span><\/span><\/strong>Understanding and effecting change to the drivers of both revenue and costs is critical for any e-commerce strategy.At the same time, customers expect a frictionless experience, from discovery and delivery to after the sale. They want real-time transparency into products, pricing, orders, availability, and fulfillment. Whether they\u2019re a B2C or B2B buyer, they want speed and convenience.