A Blog from Embitel Technologies India Pvt Ltd

Smart e-Commerce: e Business Information

Essential Tips for Online Retailers

Posted by Nagaraju on December 14, 2011 in e-Commerce Information with No Comments



If you are an online retailer you no doubt will be aware of the value of marketing your website in the correct way to drive sales and loyalty. However there are several simple ideas that are overlooked when it comes to marketing your business in the minds of your user.

  1. Focus on Customer Service: By providing a world class customer service you can stand out from your competitors.  You can give the ultimate in customer service by understand their needs, wants, desires and of course by always always being friendly.

  2. Be Customer Focused: It isn’t enough to give the best customer service, you have to have a team which eats, sleeps and breathes an ethos of putting the customer first. The team should never be about profit or time keeping (though someone should be responsible for this) they should always be driven by the customers – after all without customers you have no business.

  3. In Retail, the key is Detail: Oh, so corny. But you will probably remember it for that reason. What I am trying to say is dot your i’s and cross your t’s. Make sure product details and specifications are correct and upto date, the same with your images and any feeds you have. Detail will enhance your websites rankings naturally (it’s great content), put you above your competitors (better descriptions than them) and ultimately increase revenue (GOAL!!!).

  4. Establish your Brand and your company Values: Sounds a little odd to mention values, but it really isn’t. Most companies have a natural ethos, some have a mission statement, others just float on by with values in their heads – either way they all have a set way of working and idea of what they want to achieve, these are their values. In E-commerce your first value should be “the customer comes first” then maybe “quality of products” is second etc … make a list of your 10 key values. By clearly defining them you are defining your business and how it operates, this can make you stand out from the crowd.

  5. Put Quality in everything you do: Make sure everything that you do, your team does and you supply is the best it possibly can be. Do testing on everything your team does and you supply. You and your company should always strive to provide the best service everyday and each & every time your team interacts with a person (your website counts as part of your team).

  6. Get the best from your team: You should now begin to understand that you need to get the best out of everything, and this could mean lots more training of staff to ensure they give their best. But what else can you do to ensure they always give their best? One of the best ways to incentivise a team is to reward them with a bonus for reaching a target or a commission on each sale. But be careful this kind of thing can lead to pressure sales tactics and this is a big “no no!”.

  7. Do Not Procrastinate!: Sitting on your hands humming and ahh-ing gives your competitors an advantage because you are not moving forward, you become a spectator sat on the fence. So get down before you give your backside some splinters, make a decision and go with it – if it doesn’t work try another way. What ever you do, the world is moving fast, so don’t stop moving!

  8. It isn’t quantum physics: Selling things has been happening since the dawn of man, well it started with bartering as we see it today. Anyway to be blunt, people buy an item from you, you are selling it at cost+margin make sure you do the maths and you are making a profit. There is nothing like a business loosing money to bring team spirit down with a bump.

  9. Get and Use, Facts and Information: Basically this means analyse any data about your site you can get your hands on, and your competitors if you can. Use the information to define and refine the shopping experience for the user. By analysing the information you can diagnose potential problems and fix them before it becomes a problem. You can also see “hotspots” and replicate them to make the most of your site’s real estate.

  10. Enjoy Yourself!: The journey that is SEO is one that means you have to work hard, but you should also play hard. Take yourself and your team out whenever you can, there is nothing like a few drinks down the local (pub) to get colleagues nattering and increase team spirit and it will help your team to bond and grow together. It also means you will end up with a team that is well rounded and loves their boss, because they respect their staff and treat them well.


Source: www.seoandy.com

Google in talks with retailers for ONE Day delivery service to take on Amazon

Posted by Nagaraju on December 2, 2011 in e-Commerce Information with No Comments



In another foray into commerce, Google is working on a delivery service that would let people order items from local stores on the Web and receive them at their homes or offices within a day. The service is in an early testing phase, and it was described by three people briefed on the project who were not authorized to speak about it publicly before it was announced. It is part of a bigger, strategic effort by Google to move beyond its core search business by helping people buy things, not just find them. 

Google In Talks With Retailers

Other parts of this strategy include Google Wallet to make payments by cellphone, Google Offers for daily deals, apps that show location-based mobile ads and product search for local stores. The idea behind the new delivery service is that people searching for products online or on their phones could buy something from a retailer beginning with the local branches of nationwide chains, and could then take the next step – delivery – through Google. 

Google does not intend to build stores or warehouses or become a retailer itself, two of the people briefed on the delivery service said. Instead, it is talking with potential partners, including retailers and possibly couriers. The service is the latest example of how the biggest tech companies – including Google, Apple and Amazon – are trying to branch out and, in the process, blurring the lines between their businesses. 

For example, Apple's iTunes business is formidable, and much of its success in selling phones and tablets, which compete with Google's Android and Chrome devices, comes from its retail stores. And shoppers increasingly search Amazon directly, instead of looking first for products on Google, in part because of Amazon's Prime program, which offers free two-day shipping for a $79 annual fee. Amazon also operates AmazonFresh, a local delivery service focused on groceries, in Seattle. 

"Google is arguably at a competitive disadvantage because consumers view Amazon and maybe eBay as guaranteeing overall a higher-quality shopping experience, and retail ads are almost half of Google's business," said Eric Best, chief executive of Mercent, which does online advertising and e-commerce on Google, Amazon and other sites for 400 brands. 

Google wants to use mobile phones and the Web to connect shoppers with merchants, both online and offline, and benefit by selling ads to merchants, one of the people briefed on the project said. Eventually, Google hopes, the delivery service would be integrated into Android mobile devices and Google(PLUS), another person said. 

If Google decides to move forward with it, the service would start in a few cities, including San Francisco and New York, one person said. It is unclear whether Google would take a cut of the revenue from sales or make money only on merchant ads. Google does not take a portion of payments with the Google Wallet mobile app, but it does earn money from sales of Google Offers. 



Source: www.techgig.com

2012 Trends: Video Leads Online Ad Growth

Posted by Nagaraju on November 30, 2011 in Social Media with No Comments



US online video ad spending to grow 43.1% in 2012


Whether they think of it as magnetic content or advertising, marketers are increasingly focused on creating video assets. This type of media reproduces the richness consumers associate with TV, often at a lower cost. And if online venues tend to fall short of TV when it comes to reach, they make up the difference by engaging viewers in an active, lean-forward mode.

The virtuous circle of content and technology adoption that consumers are experiencing is also fueling this trend. eMarketer estimates that US online video ad spending will grow by a compound annual rate of 38% in a five-year span ending in 2015, making this by far the fastest-rising category of online spending.

 

US Online Ad Spending Growth, by Format, 2010-2015 (% change)

 

By 2015, video ad spending will reach $7.11 billion, up from $2.16 billion in 2011. In the past year alone, growth was 52.1%.

 

US Online Ad Spending, by Format, 2010-2015 (billions)

 

Similarly, in the UK video advertising will lead the pack, growing by a compound annual rate of 65% over five years. By 2015, UK video online ad spending will reach $850 million, compared with $150 million in 2011. As a percentage of total online advertising, video will grow to 8.2% in 2015 from 2.1% in 2011.

Still, challenges remain, including the high price of online video adsand the need for better reach and measurement. Several factors will mitigate these problems, making the upward course for video ad spending strong in 2012 and beyond. These factors include better filtering technologies for user-generated content, so publishers can better monetize it with ads; the emergence of cost per view and cost per engagement pricing structures; the increased use of interactive ad units and magnetic content; and personalization and targeting of video ads.


Source: www.emarketer.com

50% Of eCommerce Site Visitors Are Logged In To Facebook

Posted by Nagaraju on November 23, 2011 in Social Media, e-Commerce Information with No Comments



eCommerce sites should consider how they can personalize their sites using Facebook data, as a new study shows 50% of visitors to ecommerce sites are currently logged in to Facebook. Using Facebook social plugins and Connect integrations, sites can leverage Facebook data to show visitors what friends bought or shared, what products relate to their Likes, and which friends they might want to invite. The study was conducted by Sociable Labs, which helps websites implement social functionality, and looked at 456 million visits to over a dozen ecommerce sites catering to different demographics.

A Facebook spokesperson confirmed that ecommerce sites are increasingly adding social features. She shared with us a new statistic: 88% of Internet Retailer Top 200 retail sites are integrated with Facebook.

Sociable Labs’ founder and CEO Nisan Gabbay explained that the target age market for an ecommerce site has surprisingly little influence on the percentage of visitors that were logged in to Facebook. Those aimed at college students were closer to 60%, but even those with middle aged saw at least 40% of visitors logged in.

The data was collected using the FB.getLoginStatus() API call from sites of Sociable Labs’ analytics and eCommerce integration customers. Gabbay tells me that while some of the studied sites attract early adopters, he has discussed the data with Facebook and the company validated it. Also, despite the fact that his company could benefit from more sites adopting social, the sample size is large enough to decrease the likelihood of bias.

“People look at Facebook’s active user count but don’t quite get how pervasive the service is in people’s lives. It’s there all the time in any activity they do online”, Gabbay says. The stats indicate that there may be less risk of sites offending non-Facebook users by adding social functionality than one might expect, because there just aren’t that many hold-outs any more. There’s also technical ways to detect if a user is logged in, and hide those big blue social plugins if they’re not.

As we enter the holiday season, there will be a critical mass of shoppers taking actions on ecommerce sites. Those willing to develop or license Facebook integrations can use social data to point visitors to the products most relevant to them. This can produce a lot more sales than leaving visitors them to browse aimlessly.

 

Source: Techgig

Online Video Ad Budgets Expected To Rise Sharply In 2012

Posted by Nagaraju on November 11, 2011 in Social Media with No Comments



Here’s some good news for web video publishers and producers. Online video advertising budgets are expected to jump sharply in 2012. Brand advertisers who purchased online video ads this year are projected to spend 47 percent more next year. These numbers were released this morning in the second annual “Video State of the Industry Survey” by Adap.tv and Digiday.

For advertisers that didn’t purchase any video ads so far this year, 84% say they will include digital video in their campaigns in Q4 2011 or 2012.

Advertisers say they are most likely to shift spending away from display and print ads to fund the increased online video spending. While some have feared online video might start replacing TV ad spending, the report claims television ad budgets, especially for cable, are safe for now. A majority of advertisers say online video ads are a direct compliment to TV, not a replacement for TV ads.

The report, which surveyed nearly 600 advertisers, publishers, and video technology providers, says rates for interactive video ads are up an average of 19 percent over last year.

Some other key findings:

  1. Brand engagement is the top online video campaign objective.
  2. Sharing video via social networks is an important return-on-investment metric for buyers.
  3. Rich media overlays, pre-rolls, and content integration are the favorite ad formats.
  4. Page-roll, expanding video banners, and post-rolls are the least favorite.
  5. Video ad spending on the iPad is up 18%, the highest among all devices.
  6. Average CPM for Premium content, broadcast content online: $21-$30
  7. Average CPM for Mid-Tier, professionally produced content: $11-$20
  8. Average CPM for User Generated Content: $0 – $5

A webcast about the findings will be streaming at Noon ET at www.digidayvideo.com. There will also be a Twitter-based Q&A at 1pm ET via @Adap.tv with the hashtag #StateofVideo. When the webcast ends, the report will be available online at www.adap.tv.

The business and technology of online video will also be the big topic today when the Streaming Media West conference kicks off in Los Angeles.


Source: Techcrunch.com

About Smart e-Commerce

Smart e-Commerce is the Blog from Embitel which will provides the latest trends, information, Trends and strategies about e-Retail Solutions, e-Commerce, Social Media Optimization, Blog Marketing, Online Seminars, Search Engine Optimization, Google Rankings and e-Marketing Solutions in India, Germany, UK, Nordic, Australia, Norway, Sweden, Denmark and Finland.

For ECommerce Services
Click Here

//paste ad code here
  • Recent Post