• Use Urgency as Marketing Strategy to Increase Your Sales

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    Using urgency has proved to be an effective marketing strategy to increase sales. According to MarketingExperiments.com, urgency increased sales by 992.68% in one of their experiments.

    Below you can see examples of using urgency for their sales offer from onlineshoes.com. One thing to notice is that the same offer is clearly displayed in their newsletter, on their landing page and throughout the whole website in the blue box below header, thus keeping consistency or as it is sometimes referred to “scent”.

    Even in the cart, the offers are displayed as well along side with the message saying “You saved $25 on this order” which is in red so visitors can see it.

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    newsletter

    landing page

    landing page

    cart

    cart

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    home page

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    How to Use Social Media for Lead Generation

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    Learn how to harness the power of social media – Facebook, Twitter, LinkedIn, and other networking sites – to get found by more prospects and generate sales leads for your business. Social media can be a powerful channel to attract website visitors and leads while building thought leadership for your company.

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    Free Spam Checker For E-mail and Your IP Address

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    spam-checkFor those of you whose email marketing tool doesn’t allow spam check before you send your newsletter, try this completely free tool from Lyris.com. It allows you to do spam check on your mailing, thus decreasing the amount of your marketing emails needlessly ending up in spam folders.

    For free spam checkclick here.

    I also recommend you check this free tool to see if your IP address has been blacklisted as again this could affect you e-mail devliverability. For IP address blacklist check click here.

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    Top 10 Online Retailers by Conversion Rate in May 2009

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    Top 10 retailers by conversion rate in May 2009. Source: Nielsen Online – Marketing Charts

    Also see: the top 10 online retailers in April 2009

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    Optimized Site Search With Merchandising For eCommerce Boost Sales

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    In this article I am following up on from the research by MarketingSherpa and from our previous post “perpetual shopping cart have significant impact on your conversion“. In their research, 64% respondents found a perpetual shopping cart to be an effective way of boosting sales, followed by optimized site search where 60% of responders found it to be an effective way of boosting sales.

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    As more than 70% of website visitors start their journey using site search when searching for products, then clearly, if your website provides  good site search with relevant results, you can expect increases in conversion rates on your site, simply because your visitors can find exactly what they were looking for.

    The problem is, that many off the shelf searches found in standard shopping carts can’t handle misspellings and alternate words for the same products.  As you can see below in the feature list, it simply provides tremendous power not found in ordinary shopping carts.

    So what’s the solution? Use 3rd party site search solutions with merchandising from providers like sli-systems, nextopia, omniture, atg, celebros to mention a few. These solutions from 3rd parties are easy to integrate and will work with almost any e-commerce store regardless the technology used as it’s a hosted solution. Before you commit to a full contract you are offered free 30 – 45 day trail of their products which allows you to evaluate the solution and most importantly to measure improvement in conversion rates gained by using such a solution.

    Features (used from nextopia.com):

    sitesearch500

    Merchandising
    Control product ranking within search results on an automated and scheduled basis.With merchandising you can:
    - Display promotional banners
    - Create custom landing pages
    - Promote select products to top of results

    Error tolerant fuzzy matching
    Error-forgiving logic will return relevant results based on:
    - Partial term matching
    - Sounds like matching – “sandels” will find “sandals”
    - Singular and plural variations

    Spell correction
    Customers are automatically presented with suggestions based on corrected spelling.

    Synonyms
    Customers looking for “notebooks” at a computer retailer using “laptop” in their product descriptions will still get relevant results.

    “Did you mean?” suggestions
    For example when you have typed “Cannon” instead of  “Canon” did you mean suggestions offers your customers intelligent alternatives to their search queries.

    Advanced search refinements
    Allow narrow search results or sort by any relevant field such as size, color, brand etc.

    Metrics driven ranking
    Products are dynamically ranked based on variables from multiple data sources including:
    - Customer search behavior
    - Historical sales data
    - Number of times a product is viewed or purchased
    - Margins, sales rank and inventory levels etc.

    Reporting and Analytics
    Comprehensive reporting and analytics of customer search behavior. Reports generated include:
    - What customers are finding and not finding
    - Most popular search terms
    - Poorly performing searches
    - Highest converting keywords

    Inside Sales Module
    Equip your internal sales force with a customized version of search results.This custom search is only available to select staff and contains additional product information aimed at enabling increased sales.

    Advice: All of these solution providers need your business so try to get a 60 day trial from them instead of 30 – 45 days. You will be more successful in your negotiations if you already receive significant traffic to your store, so if you have just started and / or have low traffic, then it may be trickier to negotiate a longer trial period, but still worth trying. During the trial period get a calculator and analyse what impact it has on your store. If there is no impact, then don’t waste money on it, but if it works, pays for itself plus makes you a profit, then go for it.

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