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10 Tips To Build, Manage And Profit From An E-Commerce Website
Just because you've built your e-commerce website doesn't mean the customers will begin to come. You need to bring in the visitors, showcase your products, convince them to buy, and bring them back yet again to make any significant gains. The customers need to be wooed by the unique customer experience that will bring them back, and have them sing your praise to their friends, spreading your name. This may seem like a tall order, but isn't. Listed here are the top ten tips to build, manage and profit from your e-commerce website. Follow them and see the benefits for yourself. 1. Organize your Catalog around Product Categories Many sites either provide a long list of products or lump them behind a search button, making it difficult to find them. Arrange your products into logical categories and subcategories, but do not overdo it. Research says it that most people get overwhelmed with more than 7 categories. The customer must be able to easily search any product without help. Your product should have a clear and high-quality picture, short and detailed specifications. If necessary add video or pictures of different view points (top angle, side view) along with the product specification. 2. Provide Multiple Payment Options Keep all kinds of payment options available to your customers. Not everyone feels comfortable buying through a credit card, or has one. Allow for debit cards, fax, telephone, snail mail, paper and electronic cheques. And sign-up for fraud checking facility, without which you could easily end up losing entire day's sales within minutes. Provide a currency converter if you offer products or payment in other currencies. Including a telephone number for customer support on the order is a must. It gives the buyers some extra feelings of security that they can always talk to a live person if anything goes wrong in the buying process. 3. List out Clearly Outlined Policies Privacy: Make your privacy policy public. Keep it in a prominent place, and link it to the home, products and checkout pages, so that customers who are vary of providing personal and credit card details feel comforted. Tell them if you plan to share their email address with others, or plan to send in promotional mail or newsletters. Further, allow them to unsubscribe or opt-out of such email if they think so. Never sell the customer's personal particulars unless they have agreed, as this is a sure way to lose credibility doubly fast. Security: If you plan to collect sensitive information from your customers, you should use security systems like SSL (Secure Socket Layer). This guarantees that the data provided by your customer will not fall into the hand of a malicious hacker while transferring from his computer to the web server. This also will reassure your customers that you are truly concerned about the security of their personal information. Terms and Conditions: Write clearly and prominently all the sales and after sales support terms so as to avoid confusion. The internet is worldwide, and your customer can come from any country. List your shipping and handling costs upfront, and be ready to ship anywhere on the Earth. Publish your returns policy, support hours, and even the approximate time taken to deliver the goods. Send a confirmation note thanking the customer, and listing all the products, prices and key terms of the purchase in an email. Keep the customer updated of the order status at all times by email or by providing a link in your shopping page where they can check the status of their order anytime. 4. Build a Newsletter Around Your Products To snag new customers and keep the old ones remembering you vividly, seriously plan to launch a newsletter, and send it to all prospects and customers on a regular basis. Apart from the credibility of being a serious player in the market, you dazzle them with your commitment by releasing the newsletter on fixed days - like 15th of every month, or every Monday. You can also show your expertise in your field by writing regular, in-depth articles, covering the latest trends in the industry, and reviews of new products. Your customers, distributors, and partners will start to eagerly await your newsletter. Sprinkle your promotions and products in between the contents of the newsletter, and be ready to receive an increase in web traffic and order bookings every time you send out the newsletter. 5. Let Customers Gift Your Products Allow people to gift your products to their friends and loved ones. Provide free gift wrapping, a personalized message or a free gift for the purchaser. Allow them to create Wish Lists that they may use to buy later. These small things do matter and act as freebies that your competitor may not have. Although these are fast becoming standard feature, make sure you don't end up with the dumb ones who haven't figured this simple technique out yet. 6. Promote your Site Every Day Strong marketing is the most important aspect of having a successful website. The best of sites won't make money if people don't come in hordes. Launch promotions, and get the word to everyone possible within your target audience. You can do promotions using direct mail to your existing customer, in your newsletter, and fliers. All the methods of traditional marketing apply here. Don't leave any technique untried. Remember the old adage - Market, market, market. 7. Measure Results and Reorganize Measure the results you are getting from each promotion religiously, and note what works and what doesn't. Experiment. Study. Fine tune. This is the only way to know how effective your campaigns and promotions are. You can also bring in some external people to visit your site and give you sincere feedback about each page on your site. The more critical they are, the more changes you will make, and eventually it will benefit you and your customers. Keep making changes and test what works and what doesn't on a continuous basis. What works today may not work tomorrow. 8. Keep a Simple yet Effective Web Design There is intense competition on the web. Make a compelling website that showcases your USP (unique selling proposition) and brings the customer back to your site. Differentiate from the rest by using your imagination to make your site standout from the rest. A cool, cathy, easy to remember name could definitely help. Make a simple site, with plain HTML, and a consistent look and feel on all pages. Use an easy to read font, at least a 10 size font, preferably 11. Do not load with graphics and huge pictures on every page, which may slow down your page. Although this advice is becoming old fashioned as most people are moving to broadband, it is still a good practice, as you don't want to lose the customers who use a low speed modem. Flexibility and ease of use are far more important than flashy graphics or cool Java applets. The objective is to keep the customer looking at the products, and not keep them waiting or lose them by slow loading graphics or effects. Keep the catalog simple, and with a consistent design with links to Home, Checkout page, Privacy Policy, Terms and Conditions, Customer Profile pages handy and at the same, consistent place on each page. Make it easy to browse the store and mark products for later purchase. 9. Make the Login Process a Breeze The less clicks needed to order, the better. Amazon patented their One-Click method that minimized the clicks, making the checkout process simpler and easier. Try to make the registration or login process minimal, and only keep the most relevant fields mandatory. I was disgusted by the lengthy logon process which forced me to enter my middle name, date of birth, and mother's maiden name for just registering for an online taxi booking service. I left it mid way, and went to another taxi operator's site, which registered me within a minute. A simple thing can result in a costly mistake that loses the customer forever. 10. Reduce Popup Messages Too many popups distract and disgust the customer. Especially after the visitor closes your website window, if you start to popup other windows with more promotions, it leaves a feeling of being chased. It is also the signature of most of the adult sites, so steer away from such insensitive practices. Show your professionalism and respect the customer's privacy and time. It will help to build your image as a serious and professional site and enhance your credibility. 11. Use a Reliable Hosting Service Use a service that is good, reliable, and can provide you with customer support at all hours. Web hosting is getting very cheap but it is better to pay a little more and get a fast and reliable web hosting. Nothing loses a customer faster than a slow site or a site that is down frequently. Compare a few hosting services, and ask around before signing up for one. You won't regret it. Copyright 2004 Vinai Prakash. All Rights Reserved. About The Author Vinai is a successful e-commerce consultant who has been providing sage advice to small and medium businesses in building, managing and profiting from e-commerce websites for the past 6 years. He is a sought after author & speaker on Internet Marketing and E-Business. Vinai can be contacted at vinai@intellisoft.com.sg for speaking engagements, as well as for consultancy engagements & advice on profiting from e-commerce.
MORE RESOURCES: Amazon has begun taking pre-orders for the Samsung Galaxy S III, a handset that will become available in Europe at the end of this month. The offering has caused some head-scratching: If this were the newest iPhone, the rush to get one might be understandable. However, the unlocked Galaxy S III smartphone will cost an eye-popping $799.99, and it won't be fully compatible with any U.S. network. Google has officially closed its acquisition of Motorola Mobility for $12.5 billion. This could transform the search engine giant from a software player to a maker of hardware: smartphones, tablet PCs and even set-top boxes. More importantly for Google is gaining control of Motorola's patent portfolio, which could help it fend off lawsuits from rivals such as Apple and Microsoft. Apple filed a motion for an injunction against a familiar patent sparring opponent Friday, requesting that Samsung's Galaxy Tab 10.1 be banned from sales in the U.S. The company made a similar bid last year as part of the ongoing and many-faceted legal battle between Apple and Samsung. The European Union's antitrust ax is about to fall on Google, but the company can still avoid the worst repercussions. That is the essence of the message from EU antitrust chief Joaquin Almunia. After a year-and-a-half investigation into Google's activities in the market, there are four areas of concern that need to be rectified, he said. The x86 data center revolution has been a tale of industry standard upward mobility pressuring and displacing traditional systems. In essence, continually evolving x86-based systems and complementary technologies -- particularly virtualization, memory and I/O -- have provided hardware vendors the means to develop systems capable of challenging and beating traditional enterprise server platforms. Personalization sits at the very heart of marketing performance improvement in B2B as well as in B2C companies. The latter camp has made enormous strides in recent years in being able to present customers and prospects with relevant content, offers, recommendations, and other types of messages via online channels, including the company website, in an automated and systematic fashion. No one could accuse Facebook of having beginner's luck on Wall Street. The company's initial public offering on Friday was delayed by two hours due to a glitch in Nasdaq's trading system, prompting many traders to cancel orders because they were not sure of the stock's price. The day, in general, was arguably a disappointment for the social media giant, with its per share price ending only slightly above the $38 starting price. Five major cable service providers in the United States are teaming up to allow their high-speed Internet customers access each other's metro WiFi networks. The five are Bright House Networks, Cablevision, Comcast, Cox Communications and Time Warner Cable. The agreement will create a chain of more than 50,000 hotspots. Yahoo will sell half its stake in Chinese e-commerce heavyweight Alibaba back to the company for about $7.1 billion, setting in motion a deal that will send cash toward Yahoo shareholders. The deal will take place in multiple stages. First, Alibaba will purchase about 20 percent of Yahoo's stake in the company. Mediafly is a startup company that delivers cloud-based applications for content management and distribution on mobile devices for Fortune 500 companies. Through the Ariba Network, Mediafly gained insight and control over its cash flow and found new means of managing capital and in aiding its ability to support ongoing operations, as well as to drive future growth. Silverpop has been on the vanguard of old-school digital marketing providers -- that is, email marketing firms -- embracing social media. The company has released a slew of products designed to integrate the two disciplines. Given that history, it is difficult to imagine a subsector or market constituency that it missed in its earlier product rollouts, but apparently Silverpop has found one, and it has set out to rectify the omission. Over the next few years, the growth in online retail sales in markets such as Western Europe, Asia Pacific and Latin America is expected to outpace U.S. growth. Given this increase in cross-border e-commerce, many retailers are rushing to reach new markets. However, the unique circumstances of international shipping call for unique systems and process capabilities. For all the anticipation leading up to Facebook's initial public offering, opinions about how it performed are decidedly mixed. Clearly, though, the market didn't think the stock, which started at $38 per unit, was a grand bargain: Facebook ended trading on Friday just a few cents over its opening price. As Facebook launched its IPO on Friday, it was hit with yet another class action lawsuit over its practice of tracking of users even after they had logged out of its website. The amended consolidated class action complaint was filed by Stewarts Law in a San Jose, Calif., federal court. Samsung overtook Nokia to become the world's top cellular phone maker earlier this year, shipping more than 92 million handsets in the first quarter. The company's Galaxy S II smartphone had stellar sales, reaching 20 million. The third time might be more than the charm -- it could be big on an intergalactic scale, with some 9 million pre-orders reportedly placed for the upcoming Galaxy S III, which will debut in Europe on May 29. Wearing his trademark hoodie, Facebook CEO Mark Zuckerberg virtually rang Nasdaq's opening bell from Silicon Valley this morning to kick off the start of what will be a very interesting Friday. This is, of course, Facebook IPO day -- the long-awaited and eagerly anticipated initial public offering of the social media giant. HP is planning significant layoffs with the aim of increasing efficiency and focusing on new products, according to a recent report citing an anonymous source. The company could lay off more than 30,000 workers, or nearly 10 percent of the company's total workforce of 324,000. The large-scale cuts are reportedly part of CEO Meg Whitman's effort to rebuild the company. This spring has seen a raft of software company events and announcements, and they've been good meetings full of real news and important new developments. It is as if these companies bided their time during the worst of the recession, building new product, thinking about the future and how customers will use their technologies. In the U.S. market, the percentage of broadband households owning and connecting at least one product besides PCs to the Internet has increased 45 percent between 2010 and 2011. Today, approximately 40 percent of all U.S. broadband households own at least one Internet-connected device, with game consoles accounting for 75 percent of these products. Twitter has made an important overture to privacy advocates: It is giving users the ability to opt out of being tracked on the service by enabling the Do Not Track feature in the Firefox browser. Ed Felten, chief technology officer for the Federal Trade Commission, broke the news at an industry event Thursday morning in New York. The company later confirmed it in a message on Twitter. The image-based social networking site Pinterest has raised $100 million in a financing round, and this brings the value of the company to around $1.5 billion, an unnamed source told All Things D. Rakuten, one of Japan's biggest online retail operators, led the round of financing. It was joined by a group of investors including venture-capital firms FirstMark Capital, Bessemer Venture Partners and Andreessen Horowitz. Verizon will reveal a new shared data policy this summer and end its unlimited data option, according to CFO Fran Shammo. Currently, the company allows customers who had a $30-per-month unlimited data plan before Verizon's switch to tiered plans last July to keep their unlimited plans when they upgrade their phones to LTE devices. That option will soon be eliminated. Google is extensively updating its search function with the rollout of a new Knowledge Graph. The heart of the Knowledge Graph is a database Google has compiled, via its own research and through its acquisition of MetaWeb Technologies, of 500 million people, places, things and points of history. There's always a danger of reading analysis by others that matches your own personal experience and then simply using it to build up the foundation of what you know and believe. But hey, danger can spike adrenaline, and I like adrenaline, so check this out: Information technology research firm Gartner released a report about its worldwide tablet sales projections for 2012. Customer service is a crucial part of the customer experience. That seems immediately obvious. And customer experience is the big buzzword right now, so companies are going bonkers revamping their customer service operations. Right? Would that it were so. Almost paradoxically, many businesses are still stuck in the mode of tweaking with utterly defective customer service processes. |
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