
Can E-Commerce Be Profitable?
The answer to can eCommerce be profitable’ is dependent on what you put in, for example if you have an eCommerce store with 1 page, the chances of that becoming profitable is next to none.
WooCommerce has released many exciting updates this July. These updates aim to improve the E-Commerce experience for both merchants and shoppers.
These improvements cover many parts of the platform. They include checkout customisation, payment options, and better product management. This helps store owners create a smoother, more engaging, and efficient shopping experience.
One of the standout features this month is the significant upgrade to the Checkout block. This visual, block-based builder lets merchants customise the checkout page. They can make it match their brand and meet customer needs. Store owners can now choose from three customisable checkout templates. This lets them try different layouts and designs without needing to code. This flexibility means that your checkout page can match your brand’s style. It can fit a minimalist or vibrant store.
These options fit smoothly into the process. This makes it easier for customers who choose this delivery method.
This makes it easier for shoppers to track orders and receive personalised offers without the barrier of upfront account creation.
This is ideal for marketers who want to drive conversions via email campaigns, social media, or influencers by linking customers directly to a ready-to-purchase cart.
These checkout improvements aim to make the process smoother. They will help increase conversion rates. Store owners will have more control over this key part of the E-Commerce funnel.
Returning customers often hesitate at checkout if forced to repeatedly enter shipping and payment details.
WooCommerce’s new WooPay feature addresses this by securely storing payment and shipping info, enabling customers to complete purchases in just one click on any WooCommerce store that supports WooPay.
To cater to the increasing diversity of global shoppers, WooCommerce has extended its payment method offerings within WooPayments, allowing merchants to accept additional popular payment options:
This broader payment ecosystem enables WooCommerce merchants to better serve an international audience, reduce abandoned carts due to unsupported payment options, and improve conversion rates by meeting customers on their preferred platforms.
WooCommerce has also introduced key enhancements to product management, aiming to give store owners better insight and control over their inventory and promotional strategies.
Upsells: Suggesting higher-value alternatives.
Cross-sells: Offering complementary products.
Related products: Showing items similar to what customers are viewing.
Hand-picked recommendations: Allowing merchants to curate collections for targeted marketing.
These features reflect WooCommerce’s commitment to supporting the evolving needs of online merchants and providing shoppers with a more enjoyable, efficient shopping journey.
Store owners are encouraged to explore these updates in detail and leverage them to improve both operational efficiency and customer satisfaction.
The answer to can eCommerce be profitable’ is dependent on what you put in, for example if you have an eCommerce store with 1 page, the chances of that becoming profitable is next to none.
The way customers engage with their favourite brands has been and will continue to be influenced by eCommerce.
Did you know that, according to Small Biz Genius, in 2021, there was 2.14 billion digital buyers? For this reason, as an ecommerce business owner, you might be curious about augmented reality in ecommerce.