The 7 Pillars Of Ecommerce

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The 7 Pillars of Ecommerce A beginners guide to promoting & selling over the internet

Transcript of The 7 Pillars Of Ecommerce

Page 1: The 7 Pillars Of Ecommerce

The 7 Pillars of Ecommerce

A beginners guide to promoting & selling over the internet

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I’m here to convert you

"I know half the money I spend

on advertising is wasted, but I

can never find out which half.”

John Wanamaker 1838 - 1922

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Numbers to know

•  Online spend 2009: – Will rise 13.3% to £20.9 billion

•  By 2013: –  Set to reach £31.2 billion

•  That’s 10% of total retail spending…only!

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Shopping habits have changed

•  Pre internet

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Shopping habits have changed

• With internet

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Pillar 1

The Conversion Rate

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What is: Conversion rate

“The percentage of people that visit your website and actually buy

something”

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Calculate: Conversion rate

No. Transactions / Unique Visitors

X 100

= % CONVERSION RATE

•  Targeted, qualified traffic

•  Higher conversion

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Measure: Conversion rate

And don’t worry, it’s really easy!!

Google Analytics is FREE

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Pillar 2

Usability

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•  Usability –  Simple & instinctive to use –  People are Cognitive Misers –  Design Pages for scanning not for reading –  Talk in the same language as your users –  Prioritise the key information (users look for) above

the fold –  Trust and credibility need to be reinforced

Pillar 2: Usability

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Pillar 2: Usability

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Usability: the homepage

•  The homepage – Most valued property on a website – Make it obvious what you do/if you sell –  Use it to spell-out the big picture –  Prominent internal search –  Seasonal campaign activity –  Resolution: 1024 x 768 –  Deep link into core areas –  Over the fold!

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An example of a good homepage: Matthew Williamson

www.matthewwilliamson.com

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a good homepage

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a good homepage

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Good, clear search

Deep link into site

High impact, current image

Clear navigation

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Usability: product detail page

•  Product detail page –  Focus on one button – buy now –  The more images the better –  Detail on demand –  Zoom is essential –  Cross-sell/Up-sell –  Show delivery and availability info –  Share capabilities

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An example of a good product detail page: Net-a-Porter

www.net-a-porter.com

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a good homepage

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a good homepage

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THE PRODUCT IS THE HERO!

Alternative views Zoom options

Clear and prominent buy button.

Share capabilities

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Pillar 3

The Checkout

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Pillar 3: the checkout

YOUR CUSTOMER IS WAITING AT THE TILL WITH THEIR CREDIT CARD READY…

…WHAT COULD POSSIBLY GO WRONG?

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Pillar 3: the checkout

•  Sites lose over 50% of their customers at the checkout…

Why?

+  Just window shopping

+  I don’t want to register / Why do I have to register? I just want to buy this item and get on with my life

+  Too many clicks...Every click is a friction node where you will lose visitors

+  I don’t feel safe using my credit card

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An example of a good checkout: Links of London

www.linksoflondon.com

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07957519012

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07957519012

Encapsulated checkout – i.e. no global navigation

Product details including delivery charges and payment options clearly laid out

Peace of mind

New customers not requested to enter email at this stage

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Product details etc on every page in the checkout

Clear indication of section complete + ability to go back and edit

Prominent and clear call to action

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Product details etc on every page in the checkout

Clear delivery and billing details

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Pillar 4

Engage your audience

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Pillar 4: Engage…

•  People don’t buy first time

•  Will they remember to come back?

•  What makes your site so special?

•  Make it fun but have a point

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An example of good, commercially focused engagement: Links of London’s ‘interactive charm maker’

www.linksoflondon.com

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Grab and drag charms emulating the real experience!

Click straight to checkout

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An example of good, commercially focused engagement: Matches Fashion ‘Shop the Catwalk’ feature

www.matchesfashion.com

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Video of catwalk plays with option of clicking to product detail

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An example of good, commercially focused engagement: Coast ‘Style Notes’ feature

www.coast-stores.com (feature now offline)

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Pillar 5

Search

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Pillar 5: Search

•  Over 60% use search engines

•  Natural Search (aka organic) –  Achieved through SEO

•  PPC (Pay Per Click) –  Google, Yahoo, Bing

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NATURAL SEARCH RESULTS

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PAID FOR SEARCH RESULTS

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Searchers behavior

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SEO can work fast

•  To get ‘top ranking’ in Natural results.. –  Site build using SEO friendly CMS –  Good content –  External links…(buying links doesn’t work)

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Search facts

•  60%+ search phrases now 3+ words •  90%+ 2+ words •  Being top of organic and paid (PPC) improves:

–  CTR –  Brand Awareness –  Recall –  Purchase Intent –  Conversion

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Dixons.co.uk

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Pillar 6

Email

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Email: Retention

A customer is for life…

not just for Christmas…

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Email marketing

•  Registered customers are like gold dust •  Highest spenders •  Highest converters •  Lowest CPA (cost per acquisition)

•  SO LOOK AFTER THEM!

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Email stats

•  Returning customers: –  Spend up to 30% more

–  Cost you up to 70% less

•  Email open rates: 20% - 30%

• Click through: 25%

• Cold lists: 5%

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Low hanging fruit

•  Most retailers not doing the basics •  50% happy to give you email address •  URL behind the till •  At check in •  On the readout •  On the display aisles

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Email: Quick-fire tactics

• Decrease shopping cart abandon rates –  Email customer with offer after 3 – 6 days

–  Up to 30% come back

• Own the customer: auto email –  Thank you email

–  Check out new product

–  Incentive

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Pillar 7

Social

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Social media has now become ubiquitous

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184 million bloggers

73% of active online users have read a blog

45% have started their own blog

57% have joined a social network

55% have uploaded photos

83% have watched video clips

39% subscribe to an RSS feed

Source: Universal McCann Comparative Study on Social Media Trends April 2008

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Social media marketing

•  Generation ‘why?’ •  People listen to their peers •  Onsite reviews increase conversions

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Harness the power

•  Wikis: Wikipedia •  Social networking: MySpace &

Facebook •  Presence apps: Twitter •  Video Sharing: You Tube •  Virtual Reality: Second Life •  Engagement: Blogging

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Harness the power

•  Wikis: Wikipedia •  Social networking: MySpace &

Facebook •  Presence apps: Twitter •  Video Sharing: You Tube •  Virtual Reality: Second Life •  Engagement: Blogging

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An example of a good Facebook App: Anya Hindmarch ‘Be a Bag’

www.anyahindmarch.com

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Case study: Anya Hindmarch

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Case study: Anya Hindmarch

•  Upload image to ‘Be a Bag’ application

•  Naturally viral

•  Commercial value

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An example of an integrated blog: Jigsaw ‘Inside Jigsaw’

www.jigsaw-online.com

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Products in blog pages link direct to ecommerce site

Encourage visitors to leave an email address

Links to main ecommerce site always visible

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Pillar 8 **BONUS

?

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Number of searches on Google from iPhones surpassed those from all other phones at Christmas.

German iPhone users consume 30 times more data.

95% of iPhone customers regularly surf the Internet.

Google sees 50 times the number of searches using the iPhone than any other mobile device.

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In summary

•  Measure and track everything

•  Usability is key to success

•  Perfect the checkout or lose $$$

•  Engage with your customers

•  Search is king, get your site ranking

•  Email can be very powerful

•  Use Social to connect with customers

•  Keep an eye on emerging tech

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Thanks for listening

[email protected] www.Pod1.com www.ChooseBrilliant.com

Blog.pod1.com Twitter.com/pod1

Twitter.com/brilliantUK