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Yulia V Smirnova’s Thoughts on Intelligent Marketing, Product Management and eCommerce

The Magic of “You Might Also Like That” Feature

Recently, I have caught myself on getting very much comfortable with the feature “You Might Also Like That” on various sites. The old fashioned technique of a good sales person, transformed into the online world, is gaining momentum with both the consumers and the merchants. Though, the feature itself is probably a 5 year old, but it does take on the “must-have” and “very much expected” level with the online shopping masses. It is becoming as convenient to rely on this personalization widget as typing phone numbers into our phones and never bothering to remember the actual digits.  How else am I supposed to keep my engagement with your site, app/online store once I consumed some of your products?  Don’t you want to continue amusing me with your similar offers based on what I like?

Why should you care about “You Might Also Like That” feature?

1) It is a relevant cross-sell tool that does deliver. Coupled with the product reviews, it drove me to add one or two items to the cart. This is a very effective feature to engage heavy users of your service/product, primarily since it feeds their specific needs and tastes, sometimes at the moment of consideration. This feature adds 3 or 4 books to my shelf every time I shop on Amazon for a specific topic of interest.

2) It is a great predictor of potential bundles that you can create based on the purchase history and trends that relate a number of products. No need to look at the crystal ball, you will have all the analytics clearly telling you the purchasing behaviors.  Your customers have already done all the thinking and justifying on why it is a good mix, why not offer it to the similar buyers? User-generated cross-sell is the official name of this feature in the industry. Wet Seal does a great job on utilizing user-generated cross-sell by offering entire outfits made by its customers via social contests and fan related initiatives.

3) It allows new users to break into the product category faster. It is a perfect method to transfer them from the “just acquired “customers into the loyal users. Any customer, or a human being, for that matter, will appreciate this white glove escorting into the world of similar satisfying consumption. Plus, it is automated for you as a merchant, but appears as a personal touch to your customers (granted you have a good technology behind to deliver relevant options).

Getting the most of your “You Might Also Like That” widget can bring a myriad of creative ideas how to engage your current heavy users, attract new buyers and keep them both coming back for more!

Top 10 Things You Should Know About Mobile Marketing

The industry is buzzing about mobile again; your team is open to try the new channel. And you are wondering if it is worthwhile “to go mobile or not to go”. However, before you embark on a mobile marketing journey, here are top 10 things you should check against to make a better decision whether to add a mobile campaign to your marketing mix or develop a mobile app store.

 1. Is your audience mobile-savvy?  Does your customer actually use mobile beyond making phone calls? Does your research support the fact that your customers interact with any other brands, using their phones? If your audience is there, and savvy enough to have access to mobile web and is used to some opt-in interaction, you have a first pass checkmark. Alternatively, if your customer is also open to education in this area and does have mobile phones with data plans in possession most of the time; you can still have a chance of introducing this method of engagement.

 2.  What is the context/potential use case scenario for your customers to want to consume information or make a buy via mobile?  You know your customers and how they interact with your product (or might interact if it is new), when they buy and how they arrive at those purchasing decisions. Is mobile a good way to speed up their buyer cycle? Can your customer make a decision based on very limited information at that point while on the go? This is a very important step that has to do with a mobile user experience that differs from the desktop due to limitations of the small screen and the amount of information that can be communicated and perhaps customer’s ability to engage with the device using only one hand, while doing something else (telecommuting and drinking coffee, holding a bag and moving elsewhere, sitting in the wait room and so on). Also, considering that people’s behavior on mobile web is different from the desktop: no one is spending hours searching and surfing (as there is not a whole a lot to see and not so much fun clicking on and on). When it comes to mobile, people are at the “buy point” already and they need the info now and ability to make a transaction preferably within 1 or 2 clicks. This, in its turn, makes mobile the perfect channel to interact with the existing customers!

3. What is the value you can provide to your customers? You cannot simply throw your message at your customers. Mobile is a very personal channel as your audience is virtually available to you most of the time. People carry their phones and devices everywhere and accessible to them at times when other channels like desktop/web is out of the picture. And any message that you decide to communicate to your audience, must be within the context of mobile device and your product usage. It must be either of each:

a) location-based (it provides an address and a phone number to your business);
b) time-sensitive information (a new item in stock arrived that a customer was waiting for, or a limited duration sale is up);
c) making life/usage of your product/service easier information (ability for your customers to check-in into the flight while in route to the airport);
d) financial incentive (a free latte on Mondays);
e) affiliation/community/social popularity aspect (ability for your customers to share their product experience with like-minded people and being part of a bigger circle);
f) or at last, deliver some entertainment value (to kill the time on a commute, in line).

4. What are the legal implications, conditions that I should be aware of?  The U.S. CAN-SPAM Act of 2003 very much applies to sending unsolicited messages to people’s phones. This also logically leads to point 5 below. Other precautions include all other familiar suspects: copyright, trademark, right of publicity and privacy, misleading advertising, cases of what is “free” and “disclosed only in fine print.” Plus, all network carriers are very protective of their customers and have full control over the livelihood of your campaigns.

5. You cannot buy mobile phone lists and start marketing. Particularly, due to the anti spam law above and the issue of privacy. Thus, you will have to build those from scratch and invite your customers to participate via other channels, gradually but surely.

6. You will have no benchmarks. Mobile marketing is still emerging and only a few players already tasted its benefits and pitfalls. In addition, there are a lot of variables to make those benchmarks comparable if they were to exist (a.k.a variations in industry, consumer behavior, devices, networks).

7. You must integrate your mobile advertising or commerce into other channels for it to succeed. Yes, you need to promote this new channel and tell your customers about this option elsewhere: on the web, on your social networking apps, your billboards, TV, online videos, etc.

8. How to be seen/presented on mobile web? If you are a brand manufacturer, or a local small-business you might think of mobile site creation to represent your products, which implies deciding on whether and/how to build your mobile site, how to name it, or re-use (miniaturize) your current site. If you are an online merchant, you might think of creating an application for the most popular smart phones (iPhone and Android, for at least today’s date). Plenty of decisions here, since no matter where you go, the experience might not be the same for all users due to differences in how various devices and carriers render the code. 

9. Mobile search experience is different from the desktop. Mostly due to differences in what users choose to use to do the search: the pre-installed carrier cataloged pages or mobile search tools from Google and Yahoo. Even, if your audience decides to use Google, the results displayed are not the same and as controlled as the ones on the desktop. Different SEO and SEM strategies apply here.  More coverage on mobile SEO can be found here.

10. What is the right mobile marketing/commerce tool to use? The new channel comes with a pleasant assortment of tools that you can consider: voice, text, mobile search, mobile widget (entertainment, commerce, information or social network-based). The process of choosing the best or a mix of those requires a closer look at pros and cons of each kind. Once you discover what works for your product, do not forget to integrate your mobile marketing into other channels to start enjoy its benefits!

Craving more mobile? Check the insights from Kim Dushinski on her mobile marketing blog; she even has a handbook on that to expand on all the 10 points in extensive detail and more. Or review some of the best practices shared by Cindi Krum in her freshly released mobile marketing book (I got my copy today!). Also, if you are more inclined to consume the latest developments in mobile anything from the technical perspective, there is mobiForge for that too!

Fix Error Messages Or Make Them Work For You

Error messages may run havoc on your customer engagement strategy whether you are running an ecommerce site or launching online promotions. You can lose leads and sales easily if you do not account for them. You can also try to improve your site performance or promotions’ numbers if you plan for the event of errors in advance. Or you can find ways to make them work for you by closely watching their occurrence and customer behavior that follows. 

There are 3 approaches that you can take to alleviate error message/sale loss ratio for your business:

1) Make user-induced error messages based on business rules clear and self-explanatory. Even if your audience is tech savvy and mostly has a high percentage of engineering degrees, error messages stating “Generic Error 407. Must be 77888888″ can puzzle anyone. Try to explain the reason of this message in a human language and communicate it succinctly. In all events, “Your account information and password do not match our records. Please do…[whatever you want them to do]..” sounds better than a numeric code that only a math genius in “Numbers” TV show can solve. Sometimes, I think those error messages were hastily cut and pasted by programming folks versus a UI/UX professional.  No offense to either, but the saved costs on making sure your error messages are clear in your application or on your site - are basically passed to future sales onto the customer base. 

Also, consider the context in which your customers will be incurring them: their attention span, possible stage of buying process, etc. One example of this error type, is an online shopper filling out a shipping address and payment information to only find out the error at the end after submitting the ” erroneous form” and having to retype all info again. I know I would give up at that point. Thus, construct your forms and functional errors accordingly - by making them appear inline with the filling out process, or adding interactive elements when possible. Linda Bustos, has a great post on inline validation within the shopping carts. Luke Wroblewski shared his insights on the same topic on his blog and even published a book.

2) Save the sale by tracking to who your errors were exposed to and follow up with compensation. You might not only save a customer, but delight him/her with a special attention that is capable to turn them into your product/brand evangelists. This happened to me a month ago. DSW ran an online promotion “Get Lucky. Participate in a draw of XYZ and win 50% off your next purchase by visiting this promo page.”  With sheer excitement, my mouse rushed to click on the link and the error message occurred “Site is unavailable” to my utter discouragement and quickly vanishing anticipation to make a purchase. But! DSW email marketing folks appeared to have planned for this contingency. After 2 days, I got a follow up email stating” Our apologies and $10 off. How lucky can you get if the site is down?” I was pleasantly surprised as a customer! My clicking the promo was acknowledged, my shopping decision was saved as if it were in a real store. I was happy to continue shopping at DSW and share the story with my friends. So, follow the DSW example of using web analytics to track your potential errors, especially if you know the limitations of your systems. Bravo, DSW!

3) Collect free feedback from the unpredicted error messages or 404, 500 types. Sometimes, it is what it is and you might not know all possible scenarios when your site or application starts “misbehaving”. Instead of simply accepting this reality, try to add a feedback link or box to the generic error page and your customers might feel compelled to share what happened. That way you will start discovering the reasons and causes of those mishaps. You will also make your customers feel listened to, heard and valued.  And, of course, you will actually gain something from those error messages. They will pay you with feedback! 

“Mistakes, obviously, show us what needs improving. Without mistakes, how would we know what we had to work on?” -Peter McWilliams.  So, do not fret if you find a few in your current app. Look at the ways to make them work for you and be the one with “an unequalled gift…of squeezing big mistakes into small opportunities,” Henry James.

4 Drivers of Merchandising Category Pages

Category pages are like aisles in the store - are to guide us through the shopping process. They help us decide on the product to buy. While, merchandising is the way you, as a retailer, provide key information to potential buyers to take time to consider a displayed product and get it eventually. But online shopping differs from the on-site experience: your shoppers can enter at any point on any page and there is no designated entrance to guide them through.

First time online shopping (on a particular site - i.e new visitors) can also be challenging.  Remember your confusion when you go to the same brand grocery store in a new city…even in your own city, but a different store: you will spend more time trying to locate the aisles first, let alone the products you have come for!

So what are the ways to display your products effectively? There are 4 common practices that are easily observable, used mostly as a mix of all or some:

1) Navigation, as the 1st approach is focused on user experience.  Hence the main goal for you as a site manager, is to provide clues to your shoppers to locate the products, group them into sets and narrow down by various product variables. The narrowing down part is the most crucial functionality of category pages - not the amount of information on the page. My favorite sites that do a great job in helping shoppers decide are: bluenile.com with its diamond search tool, bestbuy.com with its lifestyle categories for products (that give shoppers frames of reference) and hotels.com with its star/ratings/reviews/price/location options. The trick is to make the process as efficient and fast to help us decide which one of those items to spend our hard or smart earned money on!

2) Promotional method is the 2nd driver to decide how and what products to display. You also want to make more money and display your hottest or most profitable items, don’t you? Showcasing your best selling products or seasonal “must-haves” is still customer-friendly approach. Not only it provides shoppers with shortcuts, but also shifts the inventory based on demand. The trick of this approach is not to allow promotion get ahead of navigation and allow your shoppers control their search without much “virtual car sales people ( i.e your banners or always the same prominent products”) on the way!

3) Inventory management can play out its role as the 3rd driver which products to display and how often to change them. You can sell only what you have in stock, thus there must be some automation to your online store to alert you about the “backorder situation” and possibly trade the valuable web space with an alternative product. At the minimum, your product page with an “out-of-stock item’ should suggest comparable products for the shopper to consider. Do not let them give up on you and move to another store!

4) Taking a personal touch is my favorite approach, which marks personalization technology as the 4th driver in online merchandising. How much easier and more enjoyable it is to shop on the site that learns about your preferences, taste and tailors its category/product pages accordingly? Amazon.com and Bidz.com do it with flair. So if you have a chance to add extra value to your customers’ experience with a personal shopper through product recommendations based on user search and buying behavior, sprinkled with cross-selling functionality - by all means utilize it to the fullest. Personalized product recommendations consistently increase revenue, conversion rates, average order value and impact customer loyalty significantly.

Overall, in online retail, the working formula of strong merchandising includes a mix of insights from web analytics, product seasonality, price adjustments, promotional practices for a given category/industry, and user experience considerations. And this is not an exhausted list either. Online merchandising is truly a very valuable expertise not taught in schools, or books, but experienced through actual site management and application of holistic thinking.

I only covered four methods in this post, which should only prompt you to add your own value from other information pools for your site to truly evolve your merchandising strategy into a strong working system.

M-Commerce Gains Momentum

Mobile shopping has yet a long way to go to become mainstream, but mobile programs gain momentum fast to make Internet retailers pay close attention to their influence on ecommerce. Ongoing gradual customer adoption of mobile phones into everyday life has touched consumer behavior in a number of ways that are to be watched and utilized by online merchants. Some of the scenarios might not directly involve making a purchase through the phone or convert online after using a phone. Nonetheless, “the mobile state of the situation” has a significant impact on the buyer decision-making process or conversion life cycle.

According to Retrevo’s survey,

- 55 % of US mobile phone users (within 18-24 age group), 52 %  (within 25-34), 36 %  (within 35-44) and 17 %  (aged 45 and up) used a mobile phone to research products, compare prices and deals or find retailers. 

- Moreover, the majority found this experience rather positive and enjoyable: 59 % searched for deals, found them and got the best price; 46 % found the use of mobile making shopping easier and much more fun; 18 % did not find any deals, but will try again and only 8 % of those found it useless.

Thus, having an m-site for a major brand manufacturer that sells online and offline or even a web-only retailer, becomes a competitive advantage. Consider the following scenarios recently observed by buyer behavior experts:

1. Shoppers, while in brick-n-mortar stores access ratings and reviews more often through their phones to get a closer look at the item in consideration. 80 % of shoppers, according to Shop.org, use product reviews to make decisions and looking for them on sites. Those, with Internet access on their smart phones, will be/are looking for the same info too, so why not conveniently make those available in a phone friendly format?  Simultaneously, for those who already purchased your products for the first time and currently are resolving their post-purchase dissonance, why not deliver the-sought-after confirmation (reviews in mobile form through search text/hybrid ads for example) to reassure the decision and thus invest into your customer retention efforts?

2. Shoppers, while in stores or away somewhere still pondering on the item of potential purchase, use their time and a mobile device in hand to conduct product research through texting using a text message service RetrevoQ that spits out the needed info in a text message, why not build this mobile program in addition to an m-site or in lieu of it at the moment?

3. Shoppers, while in the brick-n-mortar store access your site again to check on prices and deals, and supposedly you know that they researched the item on your site before (through your web analytics data/customer cookie capture if login is required for example) - why not follow up with a text message right there again with some enticing offer?

4. Shoppers, while in stores, take pictures of products of interest and conduct their search on mobile devices right on the spot. Why not offer this visual search functionality on your site, make sure it is integrated with visual search app, etc. to capture the demand?

How much does an m-site cost? It depends, but generally it falls within 10-50K ballpark, depending on the vendor. Personally, I would choose a specialized company due to the complexity of the space and rather frequent technical innovations to ensure a fair bet that it can actually deliver revenue-generating solution today vs. tomorrow.

Getting The Most Out Of Your KPIs

It is ironic how things in life come back to you in a spiral manner sometimes. The same happened to me in relation to the KPI topic. I have explored it briefly in 2007, and today I am able to share a few more good practices that any emarketer will find effective. 

So what are the top 3 things you need to know, or rather do to make the most of your KPIs?

1) Clearly distinguish a KPI from all other metrics you collect.  Many of times, it gets confusing with all the data we pull from a web analytics tool, to what focus on, because every count brings out a unique information piece. Simultaneously, the raw data is much easier to grasp rather than the one hidden through a formula. Thus, any metric can become a part or a standalone KPI depending on your objective. You probably would think now - “Well, that’s not making it any easier to understand!”. Which is exactly the same thought that tortured me for about a week till I discovered work by Steve Jackson so generously shared with all of us in his Cult of Analytics book. I felt like Amerigo Vespucci on that day - cause I cracked (found) the definition of a KPI. His 4 attributes on p. 50 served me very well to progress further while developing new and refining the old.  “Every KPI should have the following attributes:

1) The metric has a timescale associated to it (is reported weekly, monthly, quarterly).
2) The metric has a benchmark.
3) The metric has a reason to be reported to the actor.
4) The metric has an associated action that can rectify the situation.

Most of the times it is a ratio.”  Now, that makes it much easier to set the KPI definition in stone. And though, you can still show your site performance from the user interaction through visits, clickthroughs,  add-to-cart clicks and ultimately all the way down to the placed orders, adding the ratios contributes so much color to the overall picture. If both are displayed separately - it creates more unnecessary questions, while placed together (general sequential metrics and ratios) allows for focusing on the right piece of data (a ratio KPI) while the raw data next to it, validates its accuracy.

 2) Slice and dice your KPI - aka segment it by campaigns, traffic source, etc. This advice is not new and has been declared many times to anyone who faced data analysis.  At the same time, it is also not very much followed. Similar to the exercise prescription in addition to the diet, data segmentation gets a lower follow through. But, if you do it once, you will never take data any other way! By segmenting, you are able to find trends since you put data in a context.

3) Get to know your KPIs better on all levels to learn what is normal and what is not in terms of their behavior. In this respect, you view your KPIs as predictable subjects. In the same manner as criminal investigators or psychologists observe people and get to know what behavior is normal for a given individual and what is out of the line, you can practice the same with your KPIs to get the most out of your reporting. Avinash Kaushik has a great insight on how to do just that - use the statistical tools of upper and lower controls to define the normal playfield for your data.

The only question that I am yet to resolve is - what are the best practices of calculating those controls for various KPIs and metrics? Some suggest to use 3 standard deviations to calculate controls, some make sense to use just 1 (as in Visits per Page as a Lower Limit possible). If I use 3, I will be expanding a range of behavior too wide if my data fluctuates frequently. If I use 1, it creates a too narrow field.  I hope to get the answer very soon and for now I plan to watch all three scenarios.

10 Commandments of Quality Shopping Cart and Its Checkout

When tasked with optimizing ecommerce site, many of efforts will be included in the entire project. At the same time, if we start with the main objective of the site, which is to sell, it pays off to start with laying the foundation - optimizing the shopping cart and checkout flow. So what are the basics to adhere to or run a diagnostics on?

While sifting through abundant expert advice available online, these 10 principles stuck in my mind and became a valuable framework:

1. Shopping cart as an icon - must be visible at all times to help users go smoothly throughout the shopping experience. It should provide the customers with options to make a decision at any moment they are ready, at a search page, at a product page and more.

2. Action to add to cart - must be visible too. But make sure that action will not send your customer away from the current page (be that search or other), you want them be “on the same journey”. Usually, AJAX allows that to happen. It also helps to somehow visibly note that the addition just took place and it was successful. The more the experience resembles in-store shopping the better your users’ online shopping experience.

3. Always disclose costs - as those are the key information a shopper needs throughout the evaluation process of other items to add. If not shown, you cart might trigger confusion and proclivity to be abandoned. You do not want that, do you? This one especially relates to shipping costs and tax details that might very much change the shoppers’ desire to have the item.

4. Provide control to your online shoppers, with tools for “save for later”, “wishlist”, “email a friend”, “share’ and “print” to prevent the abandonment caused by the total high price or unexpected shipping costs (# 1 reason of abandonment) or some other reason. You can even add options of color change, functionality upgrade right at that moment. It would also pay off if you enable them with multiple shipping and billing functions, email the order confirmation themselves, split the order into multiple shipment groups and on.

5. Show any loyalty programs benefits and build the relationship. Re-assure your shoppers on the future benefits they will get while buying from you. Who would ever want to leave your cart after that?

6. Make customer help obvious, prominent, and usable - if you have a “click to chat” option - make sure it works flawlessly and there is someone there to be for the customer 24/7. Show other alternatives to answer last minute questions that could be so minor, but so influential to contribute to your sale. Explain within the UI (ability to hover over as an example) the shipping charges and return policies. Be generous with service and information upfront.

7. Throughout the checkout experience, make sure your customers know at all times where they are - make sure the visual cues are consistent in the main navigation and in the checkout pages. Imagine yourself in the real store, where top signs say “Bedding” and you find yourself clearly in the “Cleaning Supplies” aisle.

8. Provide “smart” links, popups with clear messaging on free shipping, gift cards, coupons and ways to save before shoppers confirm the order. Make the online experience thrilling and enjoyable when users see that they can save and get a deal. Promotions are highly effective in driving order completion. Place those properly at various points. Make them easily visible (above the fold).  Make sure that users can also go back and change the coupon codes. Do not deactivate that option once they added one coupon and it appeared incorrect. This pet peeve of mine sent me away from the sale so many times!

9. Use conventional user-friendly icons and nomenclature - make it easy for us to shop. Do not teach us a new way of online shopping even if you have the coolest site built on the latest technology.

10. Welcome new users without getting personal upfront - if you able to fulfill the sales without registration, please do so. First time and casual shoppers will be more inclined to complete a sale if you make it fast and low commitment for them right there. You can still capture their email (openly) by communicating future incentives if the cart was abandoned.

Wish to go beyond the top 10? Check out these great publications “eCommerce Roadmap” by Palmer Web Marketing and “20 Surefire Ways to Increase Sales Using Zen Cart” by Eric Leuenberger. Both are very worthwhile reads!

Top 3 Online Marketing Channels That Influenced My Purchase Decisions This Month

Usually, I write about ideas and experiences from the 3rd party perspective, but this month was very much consumed by my own online shopping, searching and finding the basic necessities of an urban lifestyle, driven by my recent move from Seattle, WA to Dallas, TX. Thus, my only observations of what got me sold in ecommerce are derived straight from the source - my own experience as a customer. So, what drove my purchasing decisions and resulted in my smooth transition from NW to SW?

1. Retargeting (re-messaging) online display ads that appeared “miraculously” on various online destinations that I went afterwards - Facebook, Google Maps, Reader, email, news sites - kept my attention sharp on the items I wanted and got me to buy them within a week from the point of initial search to a purchase. Granted, I did abandon the cart a few times (intentionally and not), but it was followed up with  coupon discount offers in emails and re-messaging ads, thus overstock.com managed to win my business.  To get the fundamentals of its effectiveness, see my prior post -”Why Should You Care About Retargeting“.

2. Online reviews for apartments, furniture and local area services and neighborhood amenities very much influenced my choice of the zip code to live, an apartment complex to choose to shortlist and large furniture items to consider.  Shopping for something like your new place to live without visiting is almost comparable to getting married before going on a blind date. It is all good and fancy on the perfect website - the pictures are stellar, the web copy is all flattery and a price seems to be within the range. But, I still have a cold feet feeling.  So, I asked for the photos of the actual products - in this case, an apartment unit available. And, I did have to ask for those twice, because on my first request, I got the same photos I had seen on all websites where this product was shown. The lesson was to remain beware and careful. So, I went digging and searched for reviews, not just on those sites - but everywhere online. And, this is where the bits of true customer experiences started to come out, warning me about some features that I would not even think of or confirming my prior research. Thus, online reviews influenced roughly 80 % of my buys, which is pretty much close to the standard rate of online reviews reliance by US customers, according to the study (April 2009) by Opinion Research Corporation [”The survey revealed 84 percent of Americans say online customer evaluations have an influence on their decision to purchase a product or service..”].

3) Social networks - namely Facebook, allowed me to bounce back my shopping and searching questions through my friends in Seattle, who knew people in Dallas, who I trust! It always intrigues me how our social affiliations and friendships influence our purchasing behavior. But, it would be not wise not to utilize this time and experience-tested well of information.  I asked and I got my questions resolved.  Imagine of there were an app that would advise my friends on the things in Dallas I would be interested in - as a fresh local? Could some piece be triggered in Facebook settings that noticed the change from Seattle to Dallas and prompted my friends on either side to recommend new places, granted that most people enjoy giving recommendations? As we know, the core enjoyment of being social derives from those mini information trades!  Still psyched about Facebook and all it has to offer?  Then, check “Facebook Marketing Bible” by Justin Smith or a comprehensive list of “300 Social Media Marketing Case Studies” by Wendy Tarr.

In sum, I had limited time, resources and attention like any other average consumer. But, my needs were destined to be met after a through mix of intelligent personalized advertising that I did not mind (as my brain was set to pay attention to the items in demand), availability of online “usage stats and opinions, aka reviews” and referrals from my social capital.  Overall, my shopping process resembles a pretty mainstream buyer behavior pattern that is easy to utilize these days. So, what are you waiting for? Go ahead and replicate!

When Speeding Makes Money…Online

“Speeding makes money?” - you ask. It does, if you think of the value of speed when it comes to online sales. Speed sells” trend marks the entire issue of Internet Retailer this month.  Simultaneously, the speeding comes in different flavors:

1) Speed of page load - the faster it is, the less you challenge your customers. At the same time, all those social media widgets and bandwidth clogging features (video, zoom, animated content) are also demanded by savvy online shoppers.  What to do? Regardless of this double sword situation, online retailers become resourceful and find new ways to accelerate site performance by:

      a) Exploring the caching resources of their ecommerce applications (from looking into internal applications, utilizing the web browsers capabilities to store commonly used elements of the page or opting for content delivery networks to do the job).

     b) Cutting on the “extra” (from multiple Java script libraries to style sheets that can be compressed and finally to slimming the images based on their performance).

     c) Using lower cost connections when possible with a flexibility to route traffic to the best performing pipe.

2) Speed of shipping - the more options you offer and the faster you can execute on the delivery, the more chances you have to close the sale.  Even Amazon, the online giant, recently started providing same day delivery. And if this offer becomes standard, imagine its effect on bricks-and-mortar stores. The instant gratification need is very much solved by this move and more companies will emulate this strategy in the near future.  So in sum, this is illustrated by:

     a) Providing same-day delivery option (as above). Will that make you buy today and now? It surely will!

     b) Backing free shipping through automating labor intensive transactions (returns) allows to keep the order volumes high enough to afford the free delivery benefit for end-customers.

     c) Managing efficiency of shipping carriers (through various software) and choosing the most cost-effective or customer-chosen option. This is especially critical in current times, when carriers stopped providing best rates based on volume.

3) Speed of making your shoppers decide to purchase now.  In other words, using all those “accelerate” road signs that put your customers into action - online discounts, coupons, groupons and all that turn that “recession-irritated” buyer’s remorse into a savings practice! The last tactic is very much enjoyed by smaller retailers that shine in creativity when it comes to promotions run to beat the big dog. Examples of the most common ones are:

      a) 110% price guarantee (a coupon valued at 110%  of the difference if your shopper reports a lower price within 3 days).

      b) 20 to 50% off retail prices, 10% off second orders within 60 days. Stimulates come backs (loyalty)!

      c) 100% low-price guarantee plus 10% on next purchase, 90-day “hassle-free” returns.

Indeed, online coupons and groupons make it easier for us, expense-conscious consumers, get to enjoy the luxuries we used to afford effortlessly before. A great many coupon driven marketing services have been growing to cater to this trend, providing marketers with clever promotional programs to drive both volumes through the actions of end-users (by making it enticing to share the coupon to get the great rate and onboarding 5 to 10 other consumers to enjoy a product or a service, implemented through Facebook or Twitter).

Thus, all in all, speed rules the online shopping today. So go ahead and speed up your site, your delivery or the purchase decision of your customers!

The Three Whales of a Healthy eCommerce Site

What makes a site an ecommerce site? A simple functionality of selling products online? What makes one successful selling online? Those kinds of questions ran back and forth in my head all month, which brought me to come up with a simple framework. 

And though, each site is almost like an individual patient with its own case and history, in very broad terms, a fully functional and thus healthy ecommerce site is based on the three fundamentals = an optimal combination of (1) site performance (SP) (backend ecommerce platform and widgets) + (2) intuitive user experience (iUX) (to guide your users to close the desired action) + (3) live pipeline of site traffic programs (PST) (to bring those users on site, new and repeat).

So, while making an assessment of how to drive conversion rate up and make the most of it, one has to study the entire system and choose priorities based on the situation. Should we do a simple “face lift” or prep for “an open heart surgery”? - All that would be evident if we look closely at all three pillars if you will, in the actual process of their coexistence.

Every piece of this simple summation should function well to make the entire body, in our case, a site, work. Thus, favoring one over the other two can lead to imbalance and performance issues. So care and pamper each ingredient specifically and pay attention to overall combination. 

And so, you’ll ask - what are the methods of treating each pillar? Thank God and our industry fellows, there are plenty of ways to do so - my special favorite - a recent ebook by Justin Palmer - “eCommerce Roadmap” - where you will find 192 ways to optimize your site.

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