ARTICLES
6
min read time
June 7, 2023

Increase your revenue and reach with live sales

Heard of live sales or live selling? It's one of the fastest ways of boosting revenue, increasing reach, and building communities with your customers.

Increase your revenue and reach with live sales
Table of Contents

Create presence and economic growth with live sales

Increased revenue, greater visibility, more presence, and personal relationships with your customers – does that sound like music to your ears? Then live sales are definitely the right sales channel for you!

You’ve probably come across live sales in several places. But have you ever considered if it could be an option for your store or webshop? The phenomenon has only just begun in Europe, but in countries like China, it’s been popular for a while – and for a very good reason.

In modern retail trade, it’s vital to think in new ways. Several studies show that your customers want more than just an online sale – they want human connection and a personal touch too. With a live sales presentation, the customer gets a much better idea of the item compared to an online webshop. Live sales create a closeness to the customer, which they would otherwise only find in a physical store.

Live sales are a new form of sales channel – a hybrid between the physical and digital store. You get the same benefits of personality, closeness and professionalism as you do with a the physical store, plus the reach and availability as you do from e-commerce. Whether you’re a webshop owner or a store owner, you get the best of both worlds.

For e-commerce businesses, it’s a way to become more personal with customers and create stronger loyalty – something that can be difficult if you only have a webshop.

Help me get started

happy young woman shopping online with credit card | ELISA.io

{{20x-banner}}

What can live shopping actually do?

One of the great benefits is that instead of having the one-to-one sales and guidance we see in the physical stores, you get the relationship one-to-many. One business can now reach far more customers at once, and all parties can interact with each other.

Live sales offer real-time feedback that enable interaction between you as a store, or webshop, and your customers. Customers are acquired because a unique shopping experience is created with presence and personal relationships. This provides benefits for both you and the customers – a true win-win situation.

This unique shopping experience ensures your customers will:

  • Get the feeling of being in a store with expert help and advice on hand
  • Get an authentic experience with others, plus the opportunity to interact with those who sell
  • Become part of a community at once - as live sales happens in the here and now

But the customers are not the only ones who get to reap the benefits. There are at least as many pros – if not more – for you as a store or webshop owner too:

  • You get increased sales and customer influx
  • You create a personal interaction with customers
  • You get increased visibility and a greater awareness of your customer base
  • Customers become more loyal
  • It is easy to get started with a minimal investment

An advantage of live sales is that you can quickly see how well your products are performing because you get direct responses in the form of purchases.

Live video on Facebook secures a huge reach

There has been a huge growth in live sales on social media platforms like Facebook. If you go live on Facebook – even as a small store without a lot of followers – you can have a gigantic audience.

If there are just 50 people watching, it basically equates to you having the same number of people walking around your store. Just think about it one more time: 50 people in your little local clothing store at the same time.

Try now

Live Shopping Wine transparent BG | ELISA.io

Live shopping on Facebook has a myriad of benefits:

  • It is incredibly easy to get started
  • It only requires a minimal investment
  • You get free and high exposure
  • Facebook promotes your video to a large audience
  • The comment section helps your live sales reach even further

With Facebook live sales, and with almost no investment, you can reach further than your website. Facebook is generous because you can take advantage of all the followers you already have. Facebook even pushes the live video to those who don’t already follow your page.

With live sales on Facebook, your exposure spreads like wildfire when customers order items by writing comments. Live sales are shared every time a customer writes a comment,  boosting your visibility and the awareness of your store to entirely new heights. You will, therefore, remain at the forefront of your customers’ minds.

Picture1 | ELISA.io

How do I get started with live sales?

It doesn’t require much to get started. It’s just a matter of having the idea and the desire to go for it. The more live videos you make, the more success you will have. When you get to know your target audience, you will learn what works and what items sell best.

You can sell most things with live sales, and it is an obvious sales channel for many different types of businesses. The majority of those who use live sales today are clothing stores, but that is solely because they’ve made the first move. There’s great potential for stores that sell everything from jewellery and bags to baked goods, crafts, wine, appliances, electronics, tools, and much, much more.

Sprii helps with all the administrative work, creating greater sales and a good customer experience

There can be lots of administrative tasks in live sales that could hold you back. At Easy Live Sales, we can help with all the administrative work, so your only focus is on your customers. Our comment-managing robot, Sprii, takes care of all your orders, keeps track of who needs what items, and sends the customer a message in Messenger with a link to their shopping cart. In short: we facilitate all live sales.

Help me get started

Our live robot makes it possible to do live shopping on Facebook. We can do this because we link your Facebook page to your physical store or digital business.

The robot follows your live video and handles the communication in a personal way because you get to customise the messages you send. Then the customer gets a link with their order and can choose the payment and delivery method. That’s all there is to it! It doesn’t get any easier than that.

{{calculator-banner}}

This all happens automatically:

  • Sprii replies to all those who comment
  • Customers automatically get sent a link to a webshop or shopping cart directly in Messenger
  • Sprii keeps track of everything - including orders, shipments, stock, and replies
  • Sprii integrates with a wide range of payment systems, shipping systems and also webshops

Whether 30 or 300 orders have been placed after a live sale, you need to be able to see what your customers have ordered, if they have paid, and whether they need to pick up items or have them delivered – and Sprii can keep track of that.

Quite simply: for minimal effort and the opportunity to sell a lot more, you get both strategic sales and smaller order handling.

Try now

Skaermbillede 2022 06 13 kl. 08.59.18 e1657704199590 | ELISA.io

Ready, set, live sale

Live sales are more than just increased revenue! They are about entertainment, community, advising, a local portal, and a virtual meeting place. There are so many opportunities for development and growth that you can tap into.

And most important of all: live sales are both for those who have a small physical store without a webshop and would like to reach a larger target audience, and for those who already have a well-established webshop and want to create a higher profile and a more personal relationship with their customers.

If you are unsure about whether the comment-managing robot Sprii is for you, do not hesitate to call and talk to us.

Help me get started

Discover how Live Shopping

can 20X your conversions

Experience Live Shopping with Sprii

Calculate your potential revenue

Use our Live Shopping calculator to see how much you could earn.

The #1 Live Shopping master class is here
Unleash the power of Live Shopping with Sprii's 5-part bootcamp series!
Crush Black Friday with Live Shopping
Win the retail rush with this playbook packed with Live Shopping strategies
Whoa, Live shopping crushes E-commerce
Learn how they compareand discover the 12 key industry benchmarks.
BLACK FRIDAY WEBINAR
How Elgiganten smashes sales with Live Shopping
Learn how leading retailers leverage Live Shopping on Black Friday
The #1 Live Shopping demo experience
See how a Sprii-powered
Live Shopping event works on FB, IG and your website
BLACK FRIDAY WEBINAR
Gamification:
5 ways to win Black Friday
Learn about 5 Live Shopping strategies to dominate Black Friday
Join now
Author

Discover how Live Shopping
 can 20X your conversions

Experience Live Shopping with Sprii

Trusted by major brands and retailers
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Watch how live shopping works on social media with Sprii
Watch now

Sprii in Action

During a Live Shopping event, Sprii automatically replies to comments, creates orders for your customers, sends them a link to their basket, and handles payment and shipping.

5. Create hype & excitement during your events

The beauty of Live Shopping is that it can be used in so many ways. This is particularly valuable during Black Friday and Cyber Monday when businesses are looking to engage their viewers in as many ways as possible.

Here are 3 ways to create hype and get customers excited about your Black Friday events so you can achieve your revenue goals.

5. Create hype & excitement during your events

During Black Friday and Cyber Monday, potential customers often experience an intense pressure to participate in the shopping frenzy, driven by the fear that they will miss out on the best deals and discounts if they don't join in.

Live Shopping enables viewers to make purchases instantly while watching the stream, which can be especially effective during Black Friday and Cyber Monday when time-limited deals are available. This instant purchasing capability can drive sales during Live Shopping events.

With Live Shopping, consumers get the personal assistance of an in-store shopping experience and the convenience of being able to shop from the comfort of their own sofa or favorite coffee shop.

Viewers can get information from the retailer in real-time by asking questions directly in the Live Shopping event.

During a live show, viewers can ask questions and get answers in real-time. Even better, they can interact with each other and share their experiences with your products.

AspectTraditional E-Commerce JourneyLive Shopping Journey
Marketing ApproachHigh ad spend and several channels to attract shoppers to webshopLeveraging existing social media followers
NavigationRequires navigating through a static webshop to find products.Requires nothing more than watching a live video to discover new products.
Product PresentationProducts are presented through static images. Products are presented in a live video by engaging hosts.
Customer ExperienceFeels like a business transaction.Feels like a personal connection.
Engagement and InteractionLimited to static product descriptions, images, and occasional customer reviewsOffers real-time interaction between hosts and viewers, allowing for immediate Q&A, live demonstrations, and personalized recommendations
Customer ExperienceCustomers independently navigate the webshop and make purchase decisions without help.Customers are guided through products, receive helpful information, and can ask questions as well as see what others are writing and asking.
Conversion RatesRelies on well-designed websites and optimized marketing funnels to convert visitors into buyers.Often achieves higher conversion rates due to the sense of urgency and interactive nature of live events.
Customer Acquisition Cost (CAC)Higher CAC due to extensive marketing efforts across various channels.Typically lower CAC by leveraging social media followings and organic engagement during live events.
Return RatesHigher return rates due to customers not fully understanding the product before purchase.Lower return rates as live demonstrations provide a clearer understanding of the product, leading to more informed purchasing decisions.
Time to sellCan range from hours to weeks or even months. Often much quicker, ranging from minutes to hours.
Metric Traditional E-Commerce Live Shopping²
 Avg. Conversion Rate 2.5%³  Up to 60% (Sprii Data)
 Avg. View Time 54 seconds⁴ 20+ minutes (Sprii Data)
 Avg. Checkout Rate 45%⁵ 60% (Sprii Data)
 Avg. Return Rate 20-30%⁶ Under 10% (Sprii Data)
 Avg. Customer Acquisition Cost (CAC) +€50⁷ 0*
 Avg. Sales Cycle Hours, weeks, months Minutes