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Showing posts with label Information Technology. Show all posts
Showing posts with label Information Technology. Show all posts

Monday, March 17, 2014

5 Ecommerce Trends that can Make or Break your Business

As the evolution of search engine optimization and social media continues, so too does the ecommerce landscape. While small tweaks and minor changes occur all the time, the ecommerce trends that are in place now are in their early stages and will continue to grow in importance for websites seeking to generate revenues from web-based initiatives. These trends include:

  • Going mobile – While this song by “The Who” dates back to 1971, forty years later mobile internet access is in the process of outpacing PC access. For ecommerce sites, implementing responsive web design architecture that can modify the presentation of information to the size of the screen is now mandatory because, at last count, the total number of differently-sized viewports on mobile devices exceeds 230. This new architecture formats web pages to deliver an optimal interface regardless of screen size.
  • Local businesses that are not limited to serving local customers – Shipping is getting faster and cheaper, which levels the field in terms of gratifying online consumers. Ecommerce sites that can provide solutions and deliver them quickly can now compete anywhere, regardless of geographic location.
  • Prioritizing content that matters – Search engines and social media sites have come a long way in developing algorithms that can define both quality content and spammy publications. While the methodologies of surfacing quality content differ between these platforms, the end result is the same; higher visibility to a broader section of the target market.
  • Guided search/discovery – This process defines items that have a history of being purchased along with products that are put in an ecommerce site’s shopping cart. As opposed to a shotgun approach, the number of recommendations is generally limited to three specific choices that are closely linked to the product being purchased. If you’ve seen Amazon’s “Frequently Bought Together” suggestions, you get the idea.
  • Non-commoditized products – On the consumer side, the commoditization of products enables shopping for the best deal possible. This can be a difficult proposal for ecommerce sites that constantly have to meet the lowest price on the same products. By offering unique and customized merchandize, ecommerce sites can differentiate their offerings from those of the competition and maintain higher profit margins.

Darwinism is alive and well on the web. In this environment, ecommerce sites must continue to adapt to the changing consumer environment on the internet or face a future with bleak prospects.

Friday, October 4, 2013

CRM for Electronics Dealers: 3 Benefits of an Optimized CRM System

Many electronics dealers, when strategizing on growing their revenues, will focus almost entirely on bringing new people into the store while spending little time and effort in the retention of their existing customer base. This concentration of resources on client acquisition, according to a variety of studies and statistics, ignores the value of the customers who have already made purchases from the store as well as the benefits of retaining them as repeat customers via the implementation of an optimized customer relationship management (CRM) system. These benefits include:
  • A holistic view of each customer’s interactions with the business – Having a system that aggregates information on each customer can reveal product and brand preferences, which can provide opportunities to communicate with customers in a more specific manner. For example, a customer who has a history of upgrading TVs offered by a specific brand can be advised of the next upgrade and when it will be available in the store.
  • More efficient marketing – A CRM system can be used to develop sub-categories of customers with similar purchasing histories, thus allowing the business to market specific products to groups who have already demonstrated an affinity for them. This is a far more efficient practice than marketing to untargeted groups where individuals have already signaled their preference for different brands or are unfamiliar with the products in the campaign.
  • The building of a loyal customer base – Customers who receive communications that are tailored to their interests, rather than generic advertisements, will develop a perception that the business “gets” them, and will hold that business in higher regard than one that is focused on just selling them something.
An optimized customer relationship management system can deliver a variety of benefits for electronic dealers with perhaps the most important one being the opportunity to know what their customers want. This knowledge can then lead to efficient marketing campaigns, higher conversion ratios, and brand building.

Friday, June 21, 2013

Is Facebook’s Move Toward Hashtags Good for Businesses?

If you're already using Twitter, Instagram, Google+, or Tumblr, hashtags are just part of navigating from one public topic to another. Facebook, which has made a mantra of its mission to bring offline friendships to the web, with official “friending” requiring approval from both sides of the relationship, has now announced that it too will incorporate hashtags in a move that can change a discussion previously limited to friends on the network to one that invites the public to join in as well.

For individuals, the move to conversations linked to hashtags brings the potential intimidation of engaging in conversation with a more public and potentially less friendly audience. For businesses, on the other hand, the potential for public participation in searchable hashtags can expand the reach of published posts from friends/fans/etc. to a public audience that is exponentially larger.

The objectives behind the move to hashtags are two-fold; to move into Twitter’s turf as a resource for unfolding news events and to build a footprint in the “interest network” space occupied by the likes of Pinterest, Instagram, Thumb, Tumblr, etc. In both of these types of networks, organization and functionality is centered on a topic or interest as opposed to a network of friends, as is currently the case on Facebook. Facebook will incorporate the new hashtag tool in the search bar, which will enable the viewing of and participation in posts on Facebook and other social networks where the same hashtags are active.

While not the primary driver of the move to hashtags, businesses on Facebook will derive numerous benefits from the move by expanding their reach and growing their audience by incorporating their high value keywords into Facebook’s hashtag system.

Monday, June 10, 2013

Habitual Search Engine Optimization

A common misunderstanding regarding search engine optimization is that doing it once is going to suffice and high page rankings will automatically follow. The reality is that SEO is an ongoing process that requires constant testing, man-hours, and analysis in order to provide the best results possible. The countless moving parts of SEO also require monitoring due to the changes in the search engine landscape and how they might apply to both you and your competition.

This is habitual search engine optimization and it requires constant attention to provide consistently superior results. The margin of keyword battles that have been won consistently and decisively may narrow. New search engines like Microsoft’s “Bing” get introduced. You add a new and unique product that can’t be optimized with the keywords you’re using currently.

* Analysis – Analysis of keywords and phrases is the foundation of successful search engine optimization. Focusing time and money on winnable searches versus highly competitive ones will prove to be more cost effective and result in a much higher return on investment. High rankings on search engine results pages from going after less competitive keywords will also occur much faster.
* Research – It’s imperative to stay current with what is working in search engine optimization. Knowing how Bing is different from Google for instance, can give you an advantage over competitors and access to new visitors. Another dynamic area is social media. Knowing how and where to maximize your optimization efforts can be the difference between success and failure. Only by doing some advance research will you be able to tell which platform will deliver optimal results as the difference in user demographics varies widely between MySpace, Facebook, and Twitter.
* Tweaking - Google provides a ton of free data. They have tools available that will tell you what keywords you are ranking for, which keywords are driving traffic to your site and which ones aren’t, which pages have been indexed, where inbound links are coming from, and where the problems are on your site. Watching for shifts in keyword tendencies, making adjustments, and making sure your site is maintained can make a huge difference in driving both new and repeat traffic to your site.
* Testing – Test everything you do in your search engine optimization efforts. What was working at one point may not always work but you won’t know it unless you’re constantly testing results. Trends may go the other way as well, where terms that haven’t tested well previously start yielding traffic and conversions as a result of higher visibility and branding efforts. Testing to see where visitors are bouncing off of the site can provide intelligence on weak areas of the site and determine where fixes are needed to make the site stickier. Additionally, testing allows the website owner to know what’s working and to concentrate resources on those areas.

Search engine optimization requires constant attention to provide consistently superior results. Only by making SEO a habitual practice can a website owner maximize efforts, resources, and outcomes to keep traffic and conversions growing quarter to quarter. In many cases, the work required for habitual SEO can be too prohibitive to be done properly in-house. The Gervais Group specializes in all the areas of habitual search engine optimization, generating superior results on a consistent basis. Call us today at 770-529-2262 or visit Gervais Group at http://www.gervaisgroupllc.com