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5 ways to optimize your m-commerce business

Category: Growth Hacks

5 ways to optimize your m-commerce business

5 ways to optimize your m-commerce business

E-commerce is revolutionizing the shopping experience of the buyers. People are more comfortable shopping online rather than stepping out of their comfort zone. The widespread smartphone penetration has further propelled the growth of e-commerce, particularly mobile e-commerce. By 2021, mobile commerce sales will constitute 54% of the total e-commerce sales.

If you are planning to tap prospective customers who prefer mobile shopping, you must focus on delivering a seamless mobile retail experience. And if you are wondering how to optimize online retail business for mobile users, the following tips will be beneficial for you.

Get hold of a responsive design

A responsive e-commerce website is one that comfortably adapts according to the screen size of the device. When it comes to mobile shopping, the screen size matters a lot. The condensed layout of the website must accommodate all the information in a well-defined manner. For example, the payment gateway page should adjust accordingly, without ruining the user experience.

Focusing on visuals rather than text is a smart way to connect with the buyers. This will ensure a minimal layout, and at the same time, you do not have to compromise on the user experience. Developing a shopping app is also feasible, but it will cost a fortune. Moreover, according to BI Intelligence’s Mobile Checkout Report, mobile shopping websites are popular among shoppers. Therefore, optimizing e-commerce website for mobile users should be your priority.

Facilitate social media shopping

If you do not find, shoppers browsing your mobile shopping store, you will find them hanging out on social media. And since you can integrate your online store and social media accounts, you can enable social media shopping. For example, Facebook, Instagram, and Pinterest allow you to promote and sell your products and services on social media. The visitors click on the Shop or Buyable Pins icon, and they are redirected to the secure payment processor. This is an excellent way to drive more sales because social media shopping reduces the number of steps involved during shopping.

Provide an intuitive user interface

If you deliver a seamless user experience to mobile users, you will witness higher conversion rates. Optimizing user interface is the best way to ensure maximum engagement. As the screen size gets smaller, it is better to focus on visuals rather than text information. Opt for photos, 360-degree images, videos, and so on. To increase click-through-rate, add a hovering “Buy Now” button. Keep the checkout process simple enough to avoid any confusion. Develop urgency in buyers by displaying product count, placing a countdown for a limited-time sale, and highlighting slashed down product prices.

Develop a relationship with customers

Once you acquire customers, you have to double your efforts to retain them. Let them create a profile on your e-commerce site, invite friends, share their collection with other users, upload photographs, and so on. Since users spend most of their time on smartphones, consider optimizing profile section for mobile screens. Allow customers to log in with their social media accounts, eliminating the need to create a personalized account.

Ask customers to opt for mobile notifications so that you can send them instant notifications related to product deals. Communicating with your customers via an email outreach program ensures higher engagement and conversions.

Make the mobile checkout process smooth and attractive

The cart abandonment rate is approximately 85.65% for mobile shopping carts. This highlights the need for optimizing checkout procedure for m-commerce. Aim at reducing the checkout steps to increase the conversion rate. If the customer abandons cart at the last moment, send a personalized offer such as a discount or cashback. In addition to credit and debit card transactions, online payment platforms should provide options like net banking, wallet payments, UPI payments, gift vouchers, and so on.

The bottom line

M-commerce can drastically increase your customer base if you optimize your business for mobile users. As smartphone penetration and internet accessibility increase exponentially, people are opting for convenient shopping means. Adhere to the aforementioned tips to render a hassle-free mobile retail experience for the shoppers.

5 Google Analytics Tips for eCommerce Websites

5 Google Analytics Tips for eCommerce Websites

Traditional shopping is a passing fad and now shopping from food to clothes is mostly done via internet. However, there is no dearth of online shopping portals that are vying for customers’ attention across the globe. So, how do they manage to stay ahead in the race?

Well, the answer lies in a four letter word – DATA. Those, who are analyzing data 24×7 to understand who their average customer is and are making suitable changes, are beating the competition. And one of the most effective tools available for data analysis is Google Analytics (GA), which can help any eCommerce player to actually see if their online marketing strategies are working and optimizing sales.

Here are 5 tips on Google Analytics to understand customer behavior and raise your profits.

Tracking campaigns

E-commerce players keep experimenting. Some click, some fail. But to get a better understanding of why a certain campaign did or didn’t work, use GA campaign tracking. It gives you the data behind the strategy for you to see where you won/lost. All you need is to create a special URL for the campaign and see its statistics and assess the ROI after the campaign is over. You also need to take out referral spam aka ghost traffic or spam crawlers to get clean  data, which will tell you if a campaign is truly working or not. The Site Search feature reveals what your users search for on your site. You can capitalize on the search terms to optimize the page where the keyword is primarily targeted.

Tracking Bounce Rate

While, a bounce rate of less than 40% is considered okay, anything more is bad for business. Faulty website design or pages taking several seconds to load can put off the visitor. Sometimes, when the content is irrelevant, it makes the potential customer leave the site immediately. With GA, you can take  corrective measures as it helps in detecting weak spots and getting your conversion funnel streamlined.

Know your customer

This is possibly the most important use of GA. It helps you discover who your customers are – age, gender, region wise. You can plan your campaigns better knowing who is most likely to buy from you and their purchasing habits like the size and frequency of their purchase. You can also get to know which digital platform – desktop or mobile – are they using and optimize that platform. The purpose of acquisition reports and conversion rates, assist you in eliminating factors that hamper the webpage traffic and investing more in channels that bring you more buyers.

Using annotations

Once you have identified the customers, now use Annotations in GA to understand sales report. It tells you the top performing products in your store. It not only tracks fall and rise in sales but also suggest factors that might have led to it. For example, it will show if your sales increased because of the free coupons you were offering during the long weekend.  You can also use GA to compare to see how you are faring against the competition.

 

Customizing reports

If you want specific set of data to understand the dynamics, GA offers that too. You can create your own custom report to retrieve the required information by simply clicking on the ‘customize’ feature and choose options you want. GA with all its infographs helps you prepare comprehensible reports for board meetings with partners and investors. And in case you have lost track of several reports you have prepared, you can always use the option “Find Reports & More” and browse through the existing documents quickly.

Conclusion

It’s imperative for E-commerce players to use digital tools for identifying who, among the huge global audiences, can be their customer. And since, not everyone has the budget like Amazon or Walmart to set up a whole team to do that, they can bank on Google Analytics. Though to understand a few detailed processes, you might take the help of a web developer, GA largely presents statistics that are easy to evaluate and if acted upon intelligently, it can help boost your eCommerce website.

Launching an E-Commerce Business? Here are 7 Web Design Mistakes To Avoid

Launching an E-Commerce Business? Here are 7 Web Design Mistakes To Avoid

The growth of e-commerce is simply phenomenal. In 2017 alone, the ecommerce industry accounted for around $2.3 trillion in sales, and the number will grow to $4.5 trillion in 2021 according to Statista. In the U.S., e-commerce accounts for 10% of retail sales with a projected increase of 15% each year. But it is not all rosy because millions of ecommerce stores collapse within a few months of launch.  According to a Fortune Report, more than half of startups fail, and this should be a warning sign. One of the main reasons for such failure is poor web design. Now that all your transactions will happen online, you need a professionally designed website to meet growing demand from your customers. Many online retailers rush to set up stores only to experience hiccups arising from unreliable e-commerce designs.

This article highlights some of the most common design mistakes that online retailers make and proposes tips to avoid them. Read on.

  1. Poor Image Quality

The power of visuals in marketing cannot be overemphasized.  Your e-commerce website images are the first thing visitors will see and if they are not impressive, it is likely you will lose business. The online shoppers have many choices with other online stores competing for their attention. If you don’t display high-resolution product images, you risk turning off potential buyers because they will question your credibility. Investing in high-resolution images is similar to a brick-and-mortar store investing in lighting and other techniques to improve product displays.

  1. Confusing/ Scanty Product Descriptions

When potential customers visit your ecommerce store, they expect to get all the information they need about your products or services. A major pitfall in ecommerce web design is a failure to include clear, helpful product description or worse still, using scanty and confusing descriptions. Good copywriting and product descriptions are integral in your e-commerce web design to avoid high bounce rates and high cart abandonment rates. Provide relevant information but avoid overloading the product descriptions as this might confuse the readers.

  1. Limited Payment Methods

One of the most important aspects of a good e-commerce web design is seamless user experience. To provide this, you not only have to take payments online but you must make the process fast and easy. You should use a payment gateway that allows multiple payment options to deliver an enjoyable user experience. Your e-commerce design must integrate multiple payment options to avoid cart abandonment and to ensure the customer completes the purchase journey.

  1. Lack of Customer Support Information

While online shopping has increased tremendously over the years, most shoppers still need a lot of information before completing purchases. For this reason, your e-commerce web design must integrate a well-detailed contact page for easy communication. Include all communication channels including phone, email, social media networks, and live chat among others.  If a customer needs to contact your store, it should be a quick and simple process. For this reason, add your contact information in strategic places on the web pages.

  1. Failure to Include Shipping Information

A quick glance at most online customer complaints shows that shipping is a very critical issue. It can make or break your e-commerce store. If you want to create a seamless user experience, make sure you provide comprehensive shipping information on your e-commerce website.

Failure to include shipping details including proper shipping rates, timelines, product tracking and other details is a common web design mistake that you have to avoid. It leads to low revenues because shoppers need these details before making a purchase.

  1. Cluttered/Over-Crowded/ Complicated Design

Don’t fall for the temptation to include everything in your website because this will lead to loss of business. Online shoppers have a short attention span and they want to find whatever they need fast. Avoid an overcrowded web design as it is ugly and confuses potential buyers.

  1. A Non- Mobile-Friendly Web Design

Google has already indicated that mobile internet has surpassed desktop access and this is enough reason to invest in mobile-friendly web designs. A responsive e-commerce website helps leverage the growing mobile internet market. With Mobile First Index, Accelerated Mobile Pages (AMP) Project and other initiatives emphasizing the importance of mobile, you can only overlook a mobile-friendly web design at your own peril.

There are many other web design flaws such as slow loading time, complicated sign-up forms, dated design, lack of clear call to action (CTA) among others. Avoid these web design mistakes to deliver a world-class customer experience which in turn leads to reduction in bounce rates, higher sales conversion, customer loyalty, and a good brand image.

5 Emerging Trends that will Influence E-Commerce Businesses in 2018

5 Emerging Trends that will Influence E-Commerce Businesses in 2018

Setting up an e-commerce store is not just about creating a website, uploading images and descriptions, integrating a payment gateway, and waiting for the customers to come and buy from the store. The times are changing, and you should too. As per Statista, the global retail sales via e-commerce platform will be worth $653 billion by the end of 2018.

E-commerce business is constantly undergoing evolution, just like other industries. One who adapts according to the emerging trends will reap the benefits. Have a look at the latest trends to strategize your e-commerce business strategy.

Shop on Social Media

According to a report on social media, a person had spent 135 minutes daily, on an average, on social media in 2017. This depicts the influence of social media on our lives. The e-commerce businesses can exploit the potential of social media for driving sales via their online stores. The social media platforms like Facebook, Instagram, Pinterest, and others offer a shopping option.

The users can inspect products from their social media accounts, click on desired products, and check out on the e-commerce website. Facebook Shop and Pinterest’s Shop For Look are examples of social media shopping. Whether you opt for paid marketing or showcase products to your followers; social media can be used for boosting e-commerce sales.

Chat Bots

People prefer one-on-one interaction that can impart a personal touch, a customized experience. The probability of sales increases when you personally cater to your audience. You can enable chatbots on your e-commerce store so that anyone can initiate a conversation with the representatives. There are various live chat tools that offer feature-packed services to engage your customers. You can also use Facebook Messenger for conversations. As most of the users are on Facebook, this seems a viable option.

Mobile Shopping

According to eMarketer, mobile e-commerce accounted for 58.9% of sales in 2017. Undoubtedly, this number is expected to grow across all continents. You should strategize your e-commerce business around mobile, be it developing a mobile app, investing in mobile advertising, or installing secure online payment systems.

We have one-click payment systems that simplify payment processing, thereby, rendering a seamless user experience. The ease of payments via mobile is a major driving factor for the increase in mobile shopping trend. Further, as users tend to spend more time on their smartphones and tablets, it becomes obligatory to target mobile audience.

Voice Assistants

Do you that know that 40% millennial rely on voice search when making online purchases on mobile?  As voice search is convenient and more accurate than text-based search, users are opting for voice search. Moreover, mobile users are increasing at an exponential rate and voice search is perfectly aligned with respect to linguistic search. These all factors compel e-commerce business owners to integrate voice search in their online stores.

Google Assistant, Amazon Alexa, Apple Siri, and Microsoft Cortana have made it clear that voice search is the future. Further, voice-based devices like Amazon Echo and Google Home rely on voice search mechanism for solving user’s queries. Optimize your e-commerce business around voice search to harness maximum benefits.

Artificial Intelligence & Machine Learning

Once a buyer visits your store and buys a product or service, you can showcase similar recommendations at the same time or send automated emails regarding same or similar recommendations. Other than this, you can deploy artificial intelligence for showcasing retargeted advertisements on social media and search engines. The voice search and live chatbots work on the same principles of artificial intelligence and machine learning, and there are endless possibilities for engaging with the visitors and increasing your sales if you lay emphasis on these two parameters.

 

With increased digital exposure, e-commerce has tremendous potential. If you can utilize the right tactics at the right time, you can take your online business to the next level. Optimizing according to the latest trends will assist you in preparing for the future. Therefore, you will always be one step ahead and will be able to maximize online sales via your e-commerce store.

All the Traffic but No Sales: 5 Things You Might Be Doing Wrong

All the Traffic but No Sales: 5 Things You Might Be Doing Wrong

Your e-commerce website site is shiny, ready, and that fresh marketing campaign is driving traffic like gangbusters. Newsletters are flying out, and your tweets are picking up tons of action. But, you do not see any pickup in sales.

All that marketing spending is just going in smoke, and it’s got you down.

We get it, and nearly every e-commerce store has been there. Driving traffic was supposed to be the hard part, so what’s gone wrong? Where’s the breakdown?

The bad news is that there are hurdles throughout the process that you might not be clearing. The good news is that you can definitely overcome them. Let’s look at five of the biggest to get you started in matching sales with the new traffic boom.

Getting the Wrong Traffic

Most e-commerce stores believe that traffic is the key. As long as they’re driving eyeballs, then they’re golden. Unfortunately, that’s often not the case because you have to drive the right eyeballs to make a sale. Your traffic must match the content of the site and the offer you provide.

Here are three of the most common disconnects in this space:

  • Targeting the wrong people for your product (right product, wrong people)
  • Sending your target audience to pages or content they aren’t interested in (right people, wrong product)
  • Targeting people not interested in your core offer and sending them to landing pages that don’t focus on your core offer (wrong people, wrong product)

You’ll need to do some customer research to find out who is most likely interested in your products. Start with this data and get as much demographic information as possible. Use that to build your ad campaigns and your social targeting.

Next, review your messaging and sales funnel to ensure that this new audience of people who need your core products are being sent to pages highlighting those products. If you’re sending someone to the wrong stuff, they’re more likely to click back to the page they came from instead of browsing around your site.

Having a Complicated Site

Another big sales killer is a website that’s hard to use. Most office this means it is too complex for the visitor. Complexity hurts in a few ways.

First, it can make your site load slowly. More than one-third of visitors will leave a site if its images don’t load quickly and about half of your audience thinks your site should load in two seconds or less. Second, complicated sites can impact how they display on mobiles. This can harm you if you’re in one of the categories where mobile accounts for at least half of total ecommerce spending.

And the final note about web design is that 75% of your audience will judge your credibility and trustworthiness based on your web design.

When sites get too complicated to use easily, they cut against the engagement and trust required for a sale. Address this by simplifying your website, working to reduce load times, and keeping your product images and “buy” buttons clearly visible toward the top of each page.

Missing Pertinent Product Details

If you were buying a product you’ve never tried before, would you get a small, medium, or large?

We know what you’re thinking: “It depends. Tell me more about the product.”

That’s exactly right. You need a wide range of details to understand any product. Plus, you also need information about why it is a right fit for you and, often in the e-commerce space, if this product is the right style for you too.

Customers who don’t understand your offer or get these details aren’t going to buy.

Approach each one of your products and the pages that host them to see if you’re providing the right details. Here are some of the bases to cover:

  • What problem does the audience have?
  • How does this product solve that?
  • Are the available options able to do that for this particular visitor?
  • What do they need to narrow down the options? (Think size charts, how much liquid a cup holds, etc.)
  • What does it look like? What will this visitor look like or feel like using the product?
  • Why do they want to look/feel like that?
  • How can they easily buy it from you?

These questions will give you the structure to present the customer with an idea about their problem and how you solve it, convincing them that you have the right solution based on how they want to look or feel after the purchase. Everything else is designed to help them make their choice.

The faster you can do this, the better.

No Clear Differentiation

Many e-commerce stores offer a similar selection of products — this is even more true if you’re drop shipping.

Do a quick online search of your business area and specific products to see how your competitors are describing the products and how close their offers are to yours. If you’re one of many talking about products in the same way, or are using the same stock photos, you won’t be creating a clear reason for a visitor to make a purchase from you.

Tell a story that highlights what you like best about the products and match it to your overall personality. Align that with your target market, because it may create a personal connection with a site visitor who would then be more willing to buy.

You need to show brand and product personality to stand out. It can be difficult in the e-commerce space to do that because you’re often working with limited products. However, the design you give your site and the way you talk about your products can go a long way. If you need inspiration on how to feel different, look at websites from the brands themselves. Don’t copy their style but find things you can emulate while adding your own flavor.

No one needs just another bland catalog on the Internet.

Problems at Checkout

The final place to check is your purchase process. Messy, complex, or broken checkout systems are often a cause of failed sales. Again, you want to be as simple and straightforward as possible.

Show users the price of the goods and have their cart follow them throughout. You can indicate expected costs like taxes or add a note to the cart overlay text that says, “plus shipping and handling.” This way there is less of a surprise jump in price when checkout time comes.

If you offer free shipping or have a partner who guarantees speedy ecommerce delivery, then note this information on the page to help customers feel more comfortable with the purchase.

Breaking the process into multiple steps also helps people stick with it, instead of getting overwhelmed by long forms. You can see this practice on most leading e-commerce sites, especially Amazon. Another trick to grab from Amazon is to show product detail summaries on your checkout pages, including things like size, color, and quantity.

One final note to consider is that you might not want to force customers to create an account. Ask for an email to send the receipt, but wait on making them choose a password. You can use the receipt or “thank you” email as a place to ask them to create an account. It reduces the burden and can increase your overall subscription volume too.

Here’s hoping these 5 tips will help you onto the path of greater sales.

All the Traffic but No Sales: 5 Things You Might Be Doing Wrong

About the author

Jake Rheude is the Director of Marketing for Red Stag Fulfillment, an ecommerce fulfillment warehouse that was born out of ecommerce. He has years of experience in ecommerce and business development. In his free time, Jake enjoys reading about business and sharing his own experience with others.