Selling online is a great subject to write about as it is constantly changing and evolving. Each month new start-up businesses bring in new ideas. There are lots of opportunities to improve your online business for B2B or B2C. If you have any questions about eCommerce try our FAQs and Ideas Center or just send us a comment or email.
Right now there is a lot of speculation that retail in Australia will be impacted negatively by international eCommerce players like Amazon. The general view seems to be that retail is under threat and there is nothing that we can do!
We aren't convinced that this is true! Retail has undergone several evolutions in the last 50 years and if anything the market has always got bigger and better each time. The retailers who embraced the changes and accessed the new opportunities flourished, while those that resisted missed out (or went bust).
You can get an online store up and running in 12 days!
There are some definite and important steps to get an online store or business started but it takes a little time. If you are a website or eCommerce novice then don't expect to work it out in the first five minutes. To be successful and build a good online presence needs time and some planning. An online business is still a business. You need to manage your business and when selling online that means managing your online store, products and content. You have to connect to other systems and channels to promote your products, organise shipping and to take payments for your products. It is not that difficult but for a new starter it can be a challenge. eCorner's role is to help with the challenging technical issues and provide you with an online shop that sells your products and sevices successfully.
Start a free trial online store and you will learn what it takes to sell online and how to use a hosted ecommerce solution. But the best news is that it gives you 30 days to setup your online free of charge. When you are ready to launch just let us know and we convert your trial store ot a real online store for your business.
Before you start thinking about software and hosting, there are some basic requirements that need to be met. If you do a little planning and think about the business structure it can save you heaps of time later.
Read more about this topic - Establish the basics.
It is important to get the right online store system for your business and that is eCorner's speciality. We recommend starting a free trial and getting a feel for the system. The good part it's free and what you do in the trial can be kept and converted to a live store so it is like getting the first 30 days free. Plan a couple of days to start and ask for our free training.
Read more - Select an online store system.
Your eCommerce package comes with a range of themes that you can use ‘out-of-the-box’. You can fully customise your theme or you can use one of our complete custom themes to help you get started. You can find lots or great information about our themes and deign on our website. Don't be afraid to start with something simple with eCorner's online store updating design is really easy. eCorner can also help you with your first design as part of the free training.
Read more - Design Themes and Layout.
Content really is king - good content means a more successful business. Most people will find your online store using a search engine like Google and search engines love content. So it is important to create great content. by content we mean category pages, blogs and importantly products. If you want to be successful then comprehensive product content and great photos are essential.
Read more - Prepare the site content.
Two of the most important business decisions that you will make will be how to calculate shipping costs and how to accept payments. Both are key to a successful and profitable online business. A good eCommerce system will have a range of payment and delivery options available to you straight out of the box. You simply select the options that best suit your business!
Read more - Delivery and Payments.
Most people search on Google or Bing to find the products and services that they want. Good search engine rankings are a result of good content. But make sure that you look at the quality of the important search engines meta tags and that you have included your main keywords. Don’t pay hundreds of dollars per month for so-called ‘SEO experts’. During the trial use the extensive search engine optimisation toolkit!
Read more - Search Engine Optimisation Built-in.
Read more - Legal Content and Trust.
A good eCommerce solution will offer a range of marketing and multi-channel sales tools ‘out-of-the-box’. We include; Newsletters, Cross-sell and upsell, Ratings and reviews, Social media, Promotional items, eBay and Facebook shop; and lots more. Spend some time getting to know how the various internal and external marketing features work. By external we mean services like Google Adwords, Adroll, Google Shopping, Getprice and the many other portals and markets. The website has to work well on any device so that your market effort will work for you.
Once you have the online store setup the work does not stop. It is a constant process of reviewing results and making improvements. The window in to your audience (online buyers) in the website analytics that can be used totrack activity. Improve your results by understanding customer behaviour and focus your attention where needed. Real-time reporting (Wagtail Analytics) and Google analytics helps you understand what your customer is doing on your store.
Read more - Understand what is happening on your website.
This is a question that we get asked regularly. Many people are striving for extra income or may have some extra time on their hands to give it a go. We also see people starting multiple businesses and expanding the products and services that they offer.
New customers may call in and ask "what do you suggest that I sell online?" This can be a difficult conversation as starting a business without a product probably means that there is no business plan and the likely outcome will not be good.
Digital Marketing can best be described as using online channels, social media and mobile devices to get your promotions and message to the internet based audience. Every business needs to market products, services and offers in order to get the message to the consumers and other businesses that will engage with them. Marketing has taken many forms and been around for a long time.
Lots of people see the world of marketing as exposed by ACM hit television series, Mad Men. A classic quote from that show was;
"Make it simple, but significant.",
attributed to Don Draper aka Donald Francis
Marketing has expended its boundaries into the digital world and a whole new set of opportunities and pitfalls has resulted. The ability to understand and to utilise the vast array of digital properties and venues has become incredibly competitive and also expensive. So it is important to get the most out of the digital marketing budget. Just throwing money at a single channel without having a planned promotion may mean the costs are far greater than the returns.
Engaging your digital audience is essential if you want your digital promotions to succeed. Make it simple but significant!
Engagement using games has long been understood as a great learning tool. There have been 10,000's of pages written on the subject and I am sure that you remember learning games at school.
As early as kindergarten children are introduced to new subjects through games. It is a combination of engagement, opportunity, challenge, competition and reward that makes games work. There is a good article on this at Common Sense Media by Kathleen Costanza.
In recent years we have been hearing a lot about Gamification.
In Wikipedia it is described as:
The use of game thinking and game mechanics in non-game contexts to engage users in solving problems and increase users' self contributions.
Gamification can be applied to all types of areas where we want to get better user engagement. You can find a great case study about how Deloitte made learning a game in the Harvard Business Review.
In a recent report that was published in Europe it was found how promotions engage today’s consumers and how they can be used to best effect in marketing campaigns. It draws on the views of 2,000 consumers in the UK on what they look for in online retailer promotions, and compares what they say they respond to versus what they actually respond to.
Consumers expect and appreciate online promotions – interesting data points:
From a customer perspective, one of the benefits of shopping online is that you can research to your heart’s desire, whenever you want to and wherever you happen to be. Whatever you are looking for, the internet offers a broad array of choice and an easy way to find the best deal out there.
What this means for retailers is that customers are increasingly accustomed to expecting to find some kind of offer when shopping. This is to the point where many will typically only make a purchase when an offer or promotion is involved. Research found this is the case for as many as 50% of consumers. In fact, this number rises to 60% for anyone under the age of 45, with those aged 25 to 34 being the most likely age group to look for an offer.
So how can we engage more effectively with consumers using our digital marketing?
The answer might be "Gamification" or Smart Promotions from Rapid Campaign.
eCorner has partnered with Rapid Campaign to bring Smart Promotions to eCorner's customers. Rapid Campaign began in 2010 and are leaders in the use of gamification in digtal marketing. They focus on creating engaging digital marketing campaigns quickly and easily.
By enabling game theory and using it in your marketing you can get a greater engagement with consumers visiting your offers. This can be accomplished through competitions that challenge and reward the consumer and lead them to use the promotion that you offer. The promotion might be a unique coupon code or a special incentive as a prize. This approach has been referred to as Smart Promotions.
What we know is that games mean better engagement and faster adoption of offers and ideas.
There was a recent blog published on LemonStand that explored how Smart Promotions helped to improve conversion rates.
Do Promotions Really Increase Your eCommerce Conversion Rates? - by Rob Brooks (March 4th 2015).
His summary was simple.
Don’t think of promotions as a quick gimmick to garner attention around a specific product; they are so much more than that. Think of promotions as enticing and encouraging your customers all the way...
Smart Promotions are digital marketing offers that use a game to engage the audience. The game might vary depending on the type of promption for example a Digital Scratch Card promotion where the person receiving the promotion might win a prize or offer. But there are many others like Wheel of Fortune, Image Voting and Prize Draws to name a few.
Smart promotions are enabled on all types of devices and can be sent via email in a Newsletter or can be added to Facebook or as a mobile app. If you are running a website or an online store then you can embed Smart Promotions in to a page in the website.
Embeding Smart Promotions is done simply using an iFrame. This is a small snippet of code that is put into the HTML code in the page where you want the Smart Promotion to appear. You use the HTML edit mode in ePages to add the iFrame.
You can also add your Smart Promotions to your ePages Newsletter simply by embedding the iFrame in your newsletter code using HTML edit mode.
eCorner will be hosting a Webinar at GoTo Webinar on Tuesday 28th April at 4:00 PM (AEST).
Laura Laamanen, CMO of RapidCampaign, is an expert in the use of gamification and smart promotions. She will show how gamification and smart promotions drive sales by reducing drop-offs in your purchase funnel and convert your visitors to customers. She will discuss some of the finding from the UK survey of over 2,000 consumers.
RapidCampaign have quickly become the market leaders in the development and use of smart promotions for digital marketing.
In a multi-channel world with a huge online retail marketplace, consumers are totally spoiled for choice.
Your best chance of reaching them is by:
Using smart promotions and gamification in your marketing campaigns will result in better consumer engagement and higher conversion rates.
Are you ready to play - get started with our special offer valid until End of Financial Year 2015
Get a free coaching call to build highly impact promotions (value $399.00)
The special offer includes a one-to-one coaching call on smart promotion types, winning settings and best practices along with implementation support.
B2B - Business to Business eCommerce was once the realm of large enterprises. However today any business large or small can jump into B2B trading online. Businesses in sectors as diverse as automotive, information technology and fashion are selling to other businesses. Unlike B2C there is far less competition, you get to know and develop a customer relationship and margins are generally better. B2B is moving from being a purely cost driven engagement to a market and media driven.
According to Forrester and Gartner research, in the USA B2B represents around US$1 trillion annually, as reported in PR News Wire in Oct 2014, around 4 times the size of the B2C market.
In Australia B2B is growing at almost double the rate of B2C.