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 e-ditorials - Issue #9: Get Ready for the Holidays!
| Did you know... |
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79% of shoppers polled said they plan to do their shopping four weeks or more before the Christmas holiday. (Source: Jupiter Research)
3 million people will make their first online purchase this quarter and total retail B2C e-commerce in 2002 will equal $44 billion. (Source: eMarketer)
40% of US consumers say they will shop online. (Source: The NPD Group, October 2002)
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Is your business ready for the Holiday season on the Internet?
Despite the continued economic problems, consumers are expected
to spend more this year than last. Web-savvy teens are getting their
first credit cards, and are more likely to shop online than their
in-store-oriented seniors.
Thanksgiving comes later than usual this year, and the online shopping
season is expected to have peaked by December 20th, since people
allow time for shipping. That leaves about a 3 1/2 week period of
prime online shopping. With a shorter shopping period, more consumers
are predicted to save time by shopping online, utilizing off-hours
or time at work to make their purchases.
To be successful, a web commerce site must be visible, friendly,
competitive and secure.
What's in the numbers?
A recent poll from Jupiter Research revealed that US consumers
will shop online this holiday season to:
| Save time by not going to the store |
75% |
| Avoid holiday crowds |
69% |
| Can shop when stores are closed |
69% |
| Might find better Pricing |
61% |
| Can find products online more easily |
49% |
| Easier to compare prices online |
48% |
| Can find products online that are not available in the store
near them |
48% |
| Can have gifts sent directly to the recipient |
39% |
Your Company
Now is the time to take a critical look at your web presence and
internal operations. Ask yourself the following questions, and be
prepared to strengthen your weaknesses.
Can you handle the traffic?
Many web sites aren't able to keep up with online shoppers. Web
pages are slow to load, products are hard to find, images are missing,
strange error messages pop up during checkout, the transaction processing
takes longer because more orders are being processed, and some sites
fail to come up at all entirely. The result -- lost sales.
Can you provide the goods?
Make sure your business has the ability to fulfill orders when they
come in. Draw a flow chart documenting the steps of ordering and
fulfillment, including customer service. Is the customer experience
friendly? Gain your customer's loyalty this year, and they will
return next year.
Are you procrastinating implementing e-commerce on your site?
There are many simple solutions for entering the e-commerce market,
even if you are just selling a few introductory products or services.
Your web site developer might recommend using a single-source shopping
cart or credit card processing company like Paypal.com. Always assure
shoppers that all credit card transactions are secure make
sure they are and avoid commerce solutions that require complex
or redundant processes. Consumers become frustrated after having
to click more than six times to complete a purchase, and 83% of
online shoppers surveyed moved to another web site after becoming
frustrated by too many clicks.
What do online shoppers want?
(based on a poll by Princeton Survey Research Associates for
Consumer WebWatch)
| A site that is easy to navigate and find what they
want |
80% |
| Being able to trust the information on the site |
80% |
| Knowing the site is updated frequently with
new information |
65% |
| Knowing who owns the site |
32% |
| Site displays seals of approval from other
groups |
19% |
Pre-Season Performance Checklist:
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The basics: Fix the basic errors such
as broken images, bad hyperlinks. |
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Anticipate traffic: Look at the highest
peak in your site traffic, and then make sure your server has
the capacity to handle five times that volume of visitors. |
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Put your site on a diet: Can your site
load quicker? Does your developer reuse images (logos, product
photos, etc.) efficiently throughout the site? Can large graphic
elements or bitmapped text be recreated using HTML? |
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Accommodate all shoppers: Some people
come to your site ready to buy, others will want to "learn
more". Provide the opportunity to "buy now" as
efficiently as possible in the upper level of your product navigation,
as well as lower in the most detailed product descriptions. |
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Know your team: Make sure any external
services you are using, such as credit card processors, fulfillment
services, and ISPs can handle the increase traffic. A frustrated
customer doesn't care that it's not your faultthey just
want their order to get to them on time. |
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Continually test your site throughout the
holiday season: If the majority of your site's visitors
are using Internet Explorer 5, Windows XP operating systems,
and have dial-up connections to the Internet, then use that
platform to benchmark your site experience. (Check your monthly
stat reports to get this information.) But don't forget to test
your site's performance and e-commerce system on a variety of
criteria, including operating system, browser brand and version,
Mac and PC platform, and Internet service provider. |
Know Your Edge Over the Competition
Why are people willing to buy from you over other Internet merchants?
Many business owners think that price alone is what drives consumers
to buy, but this may not be the case. A business associate told
me that, "Amazon.com is easy to use, efficient, and has a great
selection. It's the one I tend to use most often even
though it is not necessarily the cheapest."
Figure out why online customers will come to your site this holiday
season, instead of going to the competition, and you'll have a better
opportunity to satisfying them.
Boost Sales:
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Review the competition's web site, and make yours
better. |
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Ask your customers why they buy from you, and
what else you can offer them. Make sure your site reflects those
needs. |
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Be competitiveDiscounts and free shipping
may be the key to landing a lucrative sale. |
Customer Service
Internet surfers expect a response to their email inquiry within
24 hours. In contrast, a recent survey of US companies found that
38% of respondents answer customer e-mails within six hours, almost
22% answer between 6 and 24 hours, 18% answer within two days and
23% answer within three days. (source: Jupiter Research)
Besides the obvious reasons, top-notch customer service can earn
the business of younger web-savvy consumers, who represent a longer
lifetime of brand loyalty to your company. Successful businesses
grow by expanding their base of future consumers, and this new market
is a tremendous opportunity.
Boost Customer Confidence:
 | Have an easy return policy |
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Post an easy-to-read privacy policy |
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Clearly post your shipping and tax fees |
 | Always include your company's contact information with a customer service phone number. |
 | Have enough customer service staff to handle questions before the holiday as well as after. |
| Did you know... |
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Did you know a recent survey revealed that 69% of US e-mail users have made online purchases as a result of receiving permission e-mail marketing and 39% say they have made a catalog purchase from a permission e-mail? (source: DoubleClick)
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Your Marketing
Cool it on the "Hot, New and Improved" flashing, pop-up
act-now-or-else advertising. If a web page appears cluttered with
ads, 36% of those surveyed said they would leave a site, and nearly
60% said they have a less-favorable opinion about the product or
service being advertised.
Develop your marketing campaign and your web-site to anticipate
the needs of your customers. Consumers often become frustrated with
cluttered web pages that contain too many ads or promotions. Excessive
use of rich media or pop-up ads can also be a deterrent for Internet
users who often become impatient with slow web page download times.
If you want to send email, the best way is to have an opt-in mailing list where people have asked for the email to be sent to them; otherwise, you will be sending Spam. Also follow these email rules:
- Respect privacy. When consumers were asked by Jupiter Media Metrix what a web site could promise in exchange for typing in their personal information 73% wanted a guarantee that the information would not be misused.
- Easy subscribe and unsubscribe.
- The less you ask, the more you get. - NetLine sent out an offer for a free white paper. One form requested contact information plus 1 optional question. Another form asked the same core information but asked 3 optional questions. The longer form gave a 50% response rate and the shorter form received a 74.6% response rate.
- Offer something. Discounts and Tips are the top reasons why people want to receive email from companies.
- Mail early - 76% of business professionals spend the first few minutes at work reading and sending e-mail. This may explain why Travelocity found that it obtains the best results when it sends its messages between 8 a.m. and noon of each recipient's local time.
- Avoid the "sales pitch."
- Minimize amount of email you send.
- Subject line & priority. Use your name, company & what the email is about in the subject line. Do not set a "priority." Would you want someone to tell you what should be a priority in your life?
Boost Online Traffic and Sales:
Finally, make the most of your web efforts by taking advantage of these basic best-practices:
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Cross-brand your print, media and Internet campaigns. |
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Track Online and Off-line sales. Ask people how
they found you when speaking with them on the phone or in the
store. (By doing this, Sears discovered that over 10% of in-store
purchases were influenced by their web site.) Use different product
codes for online items so if a user calls in or faxes an order,
you will know that you had a return on your web site. |
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Create permission-based email lists to drive sales by sending Newsletters,
Promotions,
Event notifications,
Product announcements,
and Customer service messages.
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Use special web pages to track email & print campaigns. |
Have a very merry and profitable Holiday season! :)
©2002, Set Now Solutions, LLC. All rights reserved.
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