Ecommerce Blog

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Original post by Robert Scoble

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Original post by Robert Scoble

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Original post by Robert Scoble

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Original post by Robert Scoble

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Original post by Muhammad Saleem

One of the best ways (If done properly) to add additional revenue to your ecommerce sales is to sell non-core products (at cost or even at a loss) to gain additional core sales and new customers.

A great example that I found this weekend, is B&H Photo. They sell a variety of non-photography related computer and technical products. What quickly caught my attention is that many these products are being sold well below any other online retailer’s price, even cheaper than anyone on eBay. I don’t have access to wholesale computer accessory costs, but I imagine that they aren’t making much money, if any, on their computer product sales.

So how is this smart marketing?

When an established website like B&H draws sales from non-core products, they gain additional customers and brand exposure. What they gain by selling at cost, is the opportunity to sell other products for profit, and they gain repeat customers. In the end, if the amount of money spent marketing and supporting non-core products is minimal, there is absolutely no downside to this practice. If they aren’t making money from those computer related sales, they’re making money from those additional customers that are also interested in cameras, memory cards, photography accessories, and more computer accessories.

A good idea for some but not for everyone:

This practice can be a strong marketing technique, however, it will not create a sustainable business model for everyone. A businesses that can most effectively harness this technique must have a strong search engine presence, or the ability to draw sales and traffic at little to no additional cost. This technique is probably not a good idea for a startup business unless you really know what you are doing. A business must also have access to related but non-core products at a very competitive price.

Obvious potential pitfalls:

• Some strong reserve must be used to not cannibalize existing profit margins, as it extremely easy to sell short on everything. Don’t make everything a loss leader, only those non-core products that you are adding.
• Another danger is accidentally migrating from one core product type to another. It needs to be clear to yourself and to your customers what your business is there to do. If you are a photo shop, that sells some computer accessories, it should be clear that you are not a computer accessory seller that has some photography equipment. This is absolutely key in protecting your brand, and sustaining your business model.
• The other products that you decide to sell must be related to what your business does. If would make no sense for an online flower shop to start selling car parts. You need to be careful not to dilute your brand, message, and what it is you currently do with completely unrelated products.
• You do not ever want to enter an arena that will create a lot of additional customer support requests. This is a quick way to nullify any gain you get from additional customers and sales.

The big picture:

It’s sometimes difficult to grasp the concept of loosing money on one place to gain money in another. If you have the ability to step back and look at the big picture, you will find that there are numerous areas where a loss here can create a huge gain somewhere else. Small steps should always be taken when testing out a system that has both the potential for a loss and a gain, but I think that many will find that this is a useful, appropriate, and completely possible marketing technique.

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Original post by jestep

We learned from our recent webinar Jon Stewart or Oprah: What’s Your Website’s Personality Type that different people experience and interact with your website in different ways depending on their dominant personality type.

These 4 buying modalities have been described as Competitive (fast and logical decision-making), Spontaneous (fast and emotional decisions), Methodical (slow and rational) and Humanistic (slow and emotional). (Read this summary if you’re not familiar with the 4 modalities.)

You may have a tendency to make most of your decisions a certain way - that’s just who you are. But different buying situations can throw you into a different mode. For example, a typically spontaneous person must take a slow and rational approach when evaluating software vendors for a major ecommerce project, even though he may download iTunes tracks on impulse several times over the same period.

Personality Types and Email Marketing

If you had an email account that was purely ecommerce offers (no messages from work, friends or Nigerian ambassadors), you would see the majority are vying for your attention like: SALE! UP TO 50% OFF! NEW STOCK! ONLINE ONLY! EXCLUSIVE! FREE SHIPPING!

(more…)

Web Analytics for Online Retailers: Technology Use & Satisfaction 2008
Free webinar: April 17th, 2008, 9am PT/12pm ET
Guest Panelist: Eric T. Peterson, CEO, Web Analytics Demystified
Register to Attend

Original post by Linda Bustos

Like Vitaman’s Nikki, American Eagle Outfitters is giving a “human” touch to its merchandising. AE has snagged video-blogging vixen iJustine as a spokeswoman for its Spring Break events in Cancun. And you can find her ooh-ing and aah-ing products within an interactive Spring Break packing guide.

Unlike Nikki, iJustine gushes about goodies for both girls and guys when you rollover certain items.

But like the Vitaman valet, she is very enthusiastic in romancing the products:

Guys, trust me. Throw on a polo and a smile and you’ll have every girl’s attention. They’re so great looking and so easy to wear with anything. If you don’t pack some polos, you might as well stay home.

Whether having a human describe products is something customers want to see - I don’t know. Perhaps for high school / college types who’d rather watch the movie than read the book - watching a product description is preferred?

But really, this concept isn’t new. We have the choice to read the newspaper, or watch an attractive anchor read it to us. Why wouldn’t that also apply to ecommerce?

Video is Here to Stay

It certainly takes a lot of time and money to build interactive Flash-based applications. But if you don’t want to go that route, you can still add a human element by adding video content to product pages, like Tiger Direct:

This video sold me on this camcorder, which I purchased immediately along with a bunch of accessories. I found Arno to be knowledgeable, friendly and humorous. Plus this video actually showed me how close you can zoom in with this camera - try describing that with text! With absolutely no background knowledge of camcorders, it really helped to have a virtual salesperson to turn to. Plus it’s nice to refer to the demo to learn how to use the camera when I get it rather than relying on the package black and white insert.

I expect to see a lot more video merchandising (with real people) popping up in the future.

Effective Online Merchandising: What Sells?
Free webinar: March 13th, 2008, 9am PT/12pm ET
Guest Panelist: Mike Svatek, Director, Marketing & Product Management, Baynote
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Original post by Linda Bustos

If your company or products are fortunate enough to attract media attention, naturally you would want to highlight this your ecommerce website. Not only does it add credibility to your site browsers, but it can also help new visitors to your website responding to your good press find those featured items quickly.

One store that gets a lot of media love is Rampage. Today we’re going to look at how Rampage leverages its media coverage, and what it can do to take it one step further.

Home Page

The pencil skirt in the image above was recently included in a fashion segment on the Today Show. Rampage includes an “As Seen on the Today Show” link on the home page, so any visitor, whether they have seen the clip or not knows right away the media thinks Rampage is a trend-setting store. Even if you don’t want a pencil skirt, the recognition of the Today Show may boost consumer trust.

The home page also links to a media coverage section — mostly top fashion magazines. There’s 17 mentions from fashion magazines in Winter 2008 alone. Each reference has a thumbnail of the magazine with details of which item was featured.

You can click through for more detail of the actual article:

From here you can click through to the product page. Rampage uses URL parameters to track which product page views came through the media area, and also to add a “return to media coverage” link on the product page for usability.

Collections

Another area where Rampage pounces on its publicity is in its unique merchandising area: “Collections.” Each collection shows sets of items (much like a magazine editor’s picks layout) with product details appearing upon mouseover (great usability). This is great merchandising for female fashion, because unlike sidebar cross-sells, this gives the customer a feel for how things look as an outfit. (It’s much harder to visualize when product thumbnails are 4 inches away from each other.)

Collection′ />

Again, Rampage uses unique URLs for clicks to product pages from collections, and the user is shown a “return to collection” link.

When you roll over any product in a collection, you see the product name, the price (sale prices in red), the available sizes and a fun description. If the item has been covered by a magazine or TV, this is mentioned in the rollover box.

Product Page

This is the current product page:

The product description includes a link that jumps to MSNBC.com, where the Today Show clip lives.

But this clip is embeddable, so Rampage could easily incorporate this video right on the product page. The customer wouldn’t have to leave the product page. This would appeal to the “competitive” customer, as I learned from Jason’s webinar last week on personality types. The “competitive” shopper is click-averse, and rollovers give you the information without a click.

Here’s my concept for a new landing page with video. (I also took the liberty to trade the product color links for attractive color swatches).

This is a loooong video that also features other retailers. Rampage’s item is not mentioned until the end of the clip. If Rampage could contact MSNBC.com and ask permission to show only a short clip (introducing the expert, and honing in on the Rampage feature), this would be more effective.

Many sites are introducing video with product information and customer reviews right on product pages. If media clips like this are available and embeddable, it makes sense to include these also.

Effective Online Merchandising: What Sells?
Free webinar: March 13th, 2008, 9am PT/12pm ET
Guest Panelist: Mike Svatek, Director, Marketing & Product Management, Baynote
Register to Attend

Original post by Linda Bustos

We promised a celebrity-inspired session and our own Jason Billingsley and Carolyn Gardner of Sitebrand delivered with “Jon Stewart or Oprah: What’s Your Brand Personality.”

Jason and Carolyn matched 4 well-known celebs to 4 consumer-mindsets that you should know.

4 Consumer Mindsets

• Competitive (Jon Stewart)

• Spontaneous (Steve Colbert)
• Methodical (Dr. Phil)
• Humanistic (Oprah)

Some characteristics of each:

(more…)

Effective Online Merchandising: What Sells?
Free webinar: March 13th, 2008, 9am PT/12pm ET
Guest Panelist: Mike Svatek, Director, Marketing & Product Management, Baynote
Register to Attend

Original post by Linda Bustos

We promised a celebrity-inspired session and our own Jason Billingsley and Carolyn Gardner of Sitebrand delivered with “Jon Stewart or Oprah: What’s Your Website Personality.”

Jason and Carolyn matched 4 well-known celebs to 4 consumer-mindsets that you should know.

4 Consumer Mindsets

• Competitive (Jon Stewart)

• Spontaneous (Steve Colbert)
• Methodical (Dr. Phil)
• Humanistic (Oprah)

Some characteristics of each:

(more…)

Web Analytics for Online Retailers: Technology Use & Satisfaction 2008
Free webinar: April 17th, 2008, 9am PT/12pm ET
Guest Panelist: Eric T. Peterson, CEO, Web Analytics Demystified
Register to Attend

Original post by Linda Bustos

We promised a celebrity-inspired session and our own Jason Billingsley and Carolyn Gardner of Sitebrand delivered with “Jon Stewart or Oprah: What’s Your Website Personality.”

Jason and Carolyn matched 4 well-known celebs to 4 consumer-mindsets that you should know.

4 Consumer Mindsets

• Competitive (Jon Stewart)

• Spontaneous (Steve Colbert)
• Methodical (Dr. Phil)
• Humanistic (Oprah)

Some characteristics of each:

(more…)

Original post by Linda Bustos

Many of us wonder what the Elf Yourself campaign could have been if it were a bit more focused on sales. Maybe it would have looked a bit more like Irish Spring’s Get Irish Now campaign?

(Due to annoyingness of sound, I have posted a screen shot in lieu of video. You can see the video here).

Yep, that’s me. I’ve Irishified myself - even down to an Irish accent. (Now, if only it could talk like an Irish pirate…)

Do consumers still get a kick out of this kinda thing? Or is this just another “me too” campaign? Irish Spring did do things a bit differently, which might give this a better shot at success:

(more…)

Effective Online Merchandising: What Sells?
Free webinar: March 13th, 2008, 9am PT/12pm ET
Guest Panelist: Mike Svatek, Director, Marketing & Product Management, Baynote
Register to Attend

Original post by Linda Bustos

In January, Jason Billingsley and I presented a webinar on holiday and special event marketing for online retailers. We also have a number of blog posts related to the topic.

There truly is much opportunity to get creative with special event promotions. Today happens to be February 29, the only day that comes around only once in 4 years. It ain’t no Valentine’s Day, but many creative e-tailers are taking advantage of leap year with $29 deals, 29% off sales and other offers - some using jumping or frogs in imagery. (My favorite is the Container Store’s “Leap year happens every 4 years. Filing your taxes doesn’t. Get organized today!”)

A&E / History Channel

Aeropostale

Bluefly

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Effective Online Merchandising: What Sells?
Free webinar: March 13th, 2008, 9am PT/12pm ET
Guest Panelist: Mike Svatek, Director, Marketing & Product Management, Baynote
Register to Attend

Original post by Linda Bustos

Public relations guru and author of Micro Persuasion, Steve Rubel, has taken a lot of heat this past week over his post SEO Shenanigans Pose a Clear and Present Danger to Social Media.

Rubel’s PR firm Edelman dipped into the dark-gray/black area of social media marketing (SMM) a while back - and the blogosphere hasn’t forgotten. Other intelligent comments on Rubel’s post come from SEO professionals defending their industry’s honor.

I don’t want to add to the debate here, but I will say that I agree with Steve that if you are “launching social media marketing programs solely for the purpose of influencing search engines, rather than with the intent of fostering collaboration and genuine communication” you fit the description of an unethical marketer.

But that doesn’t mean expecting an SEO benefit from social media marketing campaigns is evil. I don’t think that’s what Rubel was implying anyway (remember it’s the word solely that was empasized). But I wanted to throw in my 2 cents and clarify which social media marketing activities I believe really help SEO, which have minimal value and which are simply spam.

Social Media Marketing as a Link Building Strategy

The primary way social media or any other site can help your SEO is through attracting links. Social media can drive traffic that may convert, but search engines won’t factor that into their algorithms. So any dabbling in social networks for SEO purposes is essentially link building.

These links can be acquired directly or indirectly. This is what I mean:

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Effective Online Merchandising: What Sells?
Free webinar: March 13th, 2008, 9am PT/12pm ET
Guest Panelist: Mike Svatek, Director, Marketing & Product Management, Baynote
Register to Attend

Original post by Linda Bustos