Hi guys, I’ve got an eCommerce store which sells kids furniture and has an average basket size of approx. £300. Sales are struggling at the moment (likely due to recession) so I’m trying to kick start things again.
I’m trying to understand more from some e-commerce store owners which also have largish average order sizes to see if you’ve been equally affected.
Specifically, I’m trying to understand more about:
- how you optimise your customer conversion
- how you consider new payment methods to increase conversion (such
as Buy Now Pay Later), - Offer and discounts you put on to increase conversion, and
- how you manage your inventory efficiently to reduce costs.
As well as my e-commerce store I’m a fully qualified accountant, so happy to help you out with any e-commerce finance questions you may have to return the favour.