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Mastering the art of upselling: boost the average order value in your Dropshipping webshop
Maximise revenue with Dropshipping by Orderchamp: Boost AOV, bundles, subscriptions, and loyalty. Redefine your dropshipping business today!
As entrepreneurs, you’re always on the lookout for ways to boost your revenue while minimising risk. That's why partnering with Orderchamp is a game-changer. In this blog post, we will explore how Dropshipping by Orderchamp can help you increase your average order value. So, let's dive in and discover how Dropshipping by Orderchamp can redefine your dropshipping business.
Increase your average order value
One of the key advantages of partnering with Dropshipping by Orderchamp is the ability to increase your average order value (AOV). By implementing upselling or cross-selling strategies, you can drive customers to add more products to their carts, resulting in higher revenue per transaction. According to a survey done by HubSpot, using cross-selling and upselling increased revenue by as much as 30%.
To effectively implement upselling and cross-selling, Orderchamp provides a user-friendly platform that allows you to showcase complementary products and entice customers to make additional purchases. By recommending items that complement their original purchase or offer an upgraded version, you can easily increase your AOV and boost your profits. Read below three different strategies you can use to increase your AOV.
Bundle products for irresistible deals
Creating bundled product offerings can be a powerful strategy to increase your average order value. By combining products that complement each other or offering exclusive deals for bundled purchases, you can entice customers to spend more. Shopify provides two examples of businesses who increased their AOV by 15% and 20% since implementing bundles.
Orderchamp makes it effortless to create and promote product bundles through their platform. You can easily package related products together, highlighting the cost-savings or exclusive benefits customers will receive by purchasing the bundle. This strategy not only encourages customers to spend more but also enhances their shopping experience by providing them with convenient and attractive deals.
Leveraging a subscription model
Maximise your dropshipping webshop's revenue potential by strategically implementing a subscription model. Seamlessly integrate the diverse range of products from Orderchamp into your Shopify, WooCommerce, or Lightspeed stores. By extending customers the opportunity to subscribe to recurring shipments or gain exclusive perks, you establish a consistent and reliable income stream.
Beyond the financial benefits, the introduction of a subscription model also nurtures customer loyalty, fostering lasting connections with your brand. This approach not only guarantees recurring revenue but also ensures that customers stay engaged with your webshop regularly. As a result, you create a more predictable income stream while cultivating strong, enduring customer relationships.
Loyalty programs and rewards
One effective approach is to establish a point-based loyalty program that rewards customers for their purchases. For every euro spent, customers earn a certain number of points. To make this program practical and engaging, it's crucial to offer clear redemption options. For instance, customers can accumulate points and redeem them for discounts, free products, or exclusive perks like early access to sales or priority customer support.
To implement this, integrate a user-friendly loyalty program system into your website (possible for example with a store in Shopify, WooCommerce, or Lightspeed) where customers can easily track their points, view available rewards, and redeem points during the checkout process. Ensure transparency by displaying the point-to-reward conversion rate prominently, and periodically send email updates to remind customers of their point balance and available rewards. Additionally, leverage gamification elements like badges or tiers to encourage customers to reach higher levels of loyalty, unlocking more significant rewards as they progress. You can read more about customer loyalty programs here.
Partnering with Orderchamp opens up a world of opportunities to maximise your revenue in the dropshipping industry. By increasing your average order value, offering, bundling products, leveraging a subscription model, and setting up a customer loyalty program can take your business to new heights. Don't miss out on the chance to redefine your dropshipping business with Dropshipping by Orderchamp.
How Dropshipping by Orderchamp works
1. Customer places an order
Using one of our integrations, your online store showcases Orderchamp's products to its customers.
2. Order forwarded to the brand
You do not need to do anything as everything happens automatically. All the necessary information will be forward to the brand.
3. Order shipped from brand to consumer
The brand ships the product directly to the customer on behalf of the retailer.
Advantages of dropshipping by Orderchamp
- Maximising revenue from each customer:
Immediately increase cart value and repeat purchases. Orderchamp's discovery marketplace helps you find the right complementary products to maximise traffic and sales from each customer. Leverage the power of fresh items to drive new customers to your store.
- Diversify with risk-free merchandising:
Discover what sells well in your store while reducing your risk. Our virtual inventory allows you to be in full control: you can decide which items you want to hold inventory for and which of our premium brands dropship directly to your customers.
- Save time through full automation:
Adding products to your assortment is simple, fast and fully automated; no need for manual integrations. Our automatic payments and order forwarding technology take care of a smooth handover process to our brands, saving you valuable time as an entrepreneur!
NEXT GENERATION RETAIL
How we redefine dropshipping with our premium brands
Premium quality items
Strong profit margins
Fast & reliable delivery
Excellent customer service
Start your dropshipping journey with Orderchamp today
Our seamless platform, premium brands, fast delivery and automated processes will revolutionise your wholesale experience.