How to Avoid Common eCmmerce Mistakes - Karl at Storefeeder

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Presented by Karl Ciz COMMON E-COMMERCE MISTAKES AND HOW TO AVOID THEM

Transcript of How to Avoid Common eCmmerce Mistakes - Karl at Storefeeder

Page 1: How to Avoid Common eCmmerce Mistakes - Karl at Storefeeder

Presented by Karl Ciz

COMMON E-COMMERCE MISTAKES AND HOW TO AVOID THEM

Page 2: How to Avoid Common eCmmerce Mistakes - Karl at Storefeeder

1. Under selling2. Overselling3. Processing costs4. Feedback ratings low5. Re-pricer price wars6. Product selection7. Low traffic8. Channel costs…9. Inefficient processes10.International selling

COMMON E-COMMERCE ISSUES

Page 3: How to Avoid Common eCmmerce Mistakes - Karl at Storefeeder

Wrong products? Source and research

STARTING OFF

Wrong markets? Test Trading

Poor Web design ? = High bounce rate / low CTR

Processing Issues? Internal Process & People

Visibility? SEO – “Content is King”

Page 4: How to Avoid Common eCmmerce Mistakes - Karl at Storefeeder

Broken Rules / Acct Suspension KNOW your platforms

International platform? Test trade… then translate

E-COMMERCE & PLATFORMS

Which products? Best sellers first & Profit rich

Differing product SKUs NEVER – Mapping is solution

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Overselling Use stock control Software

No traffic Content? Pricing? Product?

No policies Define clearly / promote

Poor product pictures Bigger & High res pictures

E-COMMERCE & PLATFORMS CONTINUED

Poor customer service Better Description / reviews

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Returns Policies, sizing guides & description

Customer Service Reduce by track / better info

Tracking Tracked = Delivered (mostly)

Packing errors Use scanning to reduce errors

High cost shipping Broker rates

ORDER PROCESSING

Inefficient picking Use pick sheets to group pick

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MOVING FORWARD - SOLUTIONS

Process reviews – Each key processing stage

Automation of key processes (Reduce time & cost)

Product catalogue / new suppliers / Supplier feeds

Scaling – using existing process to gain economies of scale

International – ONLY translate effective products / Human translation!

Ask yourself – do I have an e-commerce strategy?

Page 8: How to Avoid Common eCmmerce Mistakes - Karl at Storefeeder

StoreFeeder is represented in the room – feel free!Questions welcomeContact: [email protected] Call : 0115 784 2157

Pricing and information at www.storefeeder.com

THANKS