If you want to maximize revenue for your nonprofit, e-commerce can do wonders for your popularity and reach. Selling products and services online that your supporters want and need can help you strengthen relationships, build a sense of community around your cause, and generate significant income.
From branded swag to seasonal products, there are many viable e-commerce strategies for your nonprofit to explore. Charities can take advantage of seasonal selling trends by catering to holiday shoppers. Offering charity Christmas cards, fair-trade treats, or seasonal literature means that your store will feature as part of people's holiday shopping plans.
You could even try to ride the wave of publicity of shopping events like Black Friday, offering your own, more holistic alternative. Why not encourage people to shop with you for gifts and essentials, enabling people to do good when they buy from you?
World Vision is great example of a charity whose foray into e-commerce is still very much aligned with the charity's overall vision and goals. World Vision's catalog ranges from sustainable handicrafts and housewares to donations of livestock, clean water, and educational resources for people living in poverty.
This is a good way to make e-commerce about giving; allowing people to be altruistic as they shop is one of the key motivators behind consumers choosing to shop with you.
Think about how you can weave your larger donation strategy into your e-commerce goals as well. Setting up shop is easy, and you can even explore e-commerce opportunities from the comfort of your existing website.
However, it's important to be smart about how budgets are spent. Just as you don't want your e-commerce venture to detract from your overall message and cause, neither do you want to end up running a store that's not bringing in any funding.
To that end, here are some expert tips to develop your online store or help take your nonprofit e-commerce store to the next level.
In any business venture, some plans fail, while others succeed. Don't be disheartened if your chosen product line fails to generate big sales; there are many opportunities to switch and try something else.
Make sure you gain insight into your new visitors by setting up Google Analytics. Analyzing customer behavior is an essential part of maximizing the returns on your e-commerce investment. Aside from tracking sales from your e-commerce store, you will also want to ensure that this extra traffic is drawing in the right kind of engagement with your cause.
Setting up an online store for your nonprofit can be a highly effective method of bringing in more donations to your organization. Depending on the e-commerce platform you opt for, you can easily integrate new products within your existing website and social media platforms. Plus, you can start off with a low initial investment — drop shipping allows you to test the waters until you find products and customization designs that work for you.
Patrick Foster is a blogger and e-commerce expert who has a passion for giving no-nonsense online retail advice to startups.