Wednesday, August 25, 2010

Role of Social Media in Promoting Your Online Store’s Products

A study by the leading business analyst group Nielsenwire has revealed some startling facts about the American web surfers. The study shows that 23% of an American’s time used online, is spent on social media websites. As for online search, they spent only 3.5% of their time. The growth in affinity for social media has increased by 43%, whereas time spent on emailing has declined by 29%. Instant messaging which was a must-do for everyone using the Internet even a few years back, has only 4% of share in the whole pie which is steadily declining.

These facts and others point to only one thing – social media rules; at least for the time being. Naturally, the most likely places where you can find people (read customers) are social media networks. Being an online retailer now is the time for you to focus on social media and make your presence felt there. Here are a few tips to make your online ecommerce store visible in social media:

1. It is important that your shopping cart software display icons that links to your accounts – put the icons for Facebook, Twitter, and LinkedIn etc. in one place and give proper visibility.

2. While socializing, people are mostly in joyous mood. Entice them by running games or lucky-draws; give away a few prizes (Why - use your least sold products!). This will give people a chance to visit your online store – even if they don’t play or win. Chances are that 4 out of 10 visitors will return.

3. Update your social media site regularly. This is very important, as your followers will always get the latest info; otherwise they would conveniently walk to the next ecommerce shopping store.

4. Don’t ‘push’ your products; rather try helping your followers. Don’t portray yourself always as a business person who is after profit. Instead, be a friend first, people will automatically follow. Do not go gaga about “what you have”, tell people “what you can give”.

5. Use shopping cart software that offers interface to link products directly to your favorite social media site. For example, there are ecommerce store providers who can help you to take your products directly into the Fan pages of your Facebook account. Your Facebook fans can see all the latest products from your online store from inside their Facebook accounts only.

Interacting with your fans/followers/customers is the key to spread your brand’s value in social media. Search engine optimization techniques are good for enhancing your search ranking. However, to be known in the social media front, you need to a have different strategy in place. You must give your followers the freedom to judge your products, comment on them and compare. On your part, you will need to analyze people’s views, follow trends, and implement changes and so on.

Social media networks have immense potentiality to expose your products sold through your ecommerce shopping store to new customers. Furthermore, it’s the perfect platform to help you retaining customers and build a sustainable relationship with new ones. So, when the social media rules, you can take your online ecommerce shopping cart to new heights, if you closely follow the rules of the game!

Wednesday, August 11, 2010

Customer Care Process For Your Online Shopping Cart

The success of an online store depends on how effectively you can serve your customers. Online customers are more detail-oriented and they prefer to be treated more attentively. The reason is simple – the customer cannot ‘see’ you and your products in reality and to give them the ‘feeling’ that he gets when he visits your store physically, you need to be more specific in both pre and post sale scenarios. Naturally, an extravagant design, use of cutting-edge technologies, and a range of hotcake products – nothing can ensure your success for a longtime if your customer care facility is inadequate.

Gone are the days when customer care meant that your customer would call up to complain about a defect in the product and the lady sitting on the customer care desk would pick up the phone lazily, note down the complaint, give a complain number to the customer, hang up the phone and start polishing her nails or continue reading the trash novel. For today’s business, customer care plays the most pivotal role. Good customer care means you are emphasizing on customer’s delight and thereby winning loyalty, which is the most significant thing for an online shopping cart owner who often faces fierce competition to remain in the market.

The customer care process for your website powered by shopping cart software should consist of the following services:

Email support – The turnaround time for an email should be ideally 12 hrs although the normal practice amongst online shopping cart owners is of 24 hrs.

Chat support – Should cover at least the business hours of your country/locality (12 to 16 hrs a day at least)

Phone support – Business hours normally; should employ additional manpower during shopping seasons

Please note that your customer care reps should be adequately trained to handle the queries and they should have proper product-knowledge and operational details of the shopping cart software. Besides, the customer care reps should also have the skill to build rapport with the customers and take the finer points of your products and services to them. Like your sales team, your customer care team should know about your customers’ demography, orientation, likings and so on. Most importantly, your customer care team members should have the linguistic abilities and communication skill to carry out their responsibilities successfully.

Besides these traditional customer support mechanisms, online retailers should also focus on social networking platforms which getting popular day by day. Social media platforms offer excellent ways to build communities loyal to your brand or product. At the same time, it offers a platform to advertise your product. Moreover, you can easily bring out new changes, offers or anything that connects with your customers on social media platforms and your customers will know this instantly. An account in Twitter or FaceBook has an enormous reach when it comes to sales through your online shopping cart. A small and targeted tweet or a short message send to your customers or a FAN page that describes the latest additions in your product-line is far more impacting than a roadside billboard in your locality.

Thursday, July 22, 2010

100% Customizable eCommerce Store and Yet Solid As A Rock - That's 24SevenCart

Ecommerce is fascinating, profit making and a somewhat sophisticated business. But make no mistake – ecommerce is no child’s play! Running an ecommerce store involves a harmonized maneuvering of some technologically complex systems and that too - every time an order is placed in your store. From database-driven dynamic pages to payment process to shipping integration – processes are all intertwined and not so easy to understand in one go.

So, do you need to know everything about these technologies? Well – not at all. You can use most of the shopping carts without even knowing a line of web programming. However, when it comes to customizing the features or adding a new one – your lack of knowledge fails you miserably! You are now at the mercy of the shopping cart vendor who, in nine out of ten times would charge you exorbitantly.

This is where we are different. When we say we are 100% customizable, we literally mean it. With 24Sevencart, the buck doesn’t stop at some run on the mill features; we have a plethora of domain (read business-specific) specific features, which are sufficient to serve some unique needs of specific businesses. Moreover, if you need something extraordinary, a feature nowhere to be found but you need it badly for your business – we are here for you!

Our customization charges for any standalone or RMS-integrated online shopping cart is truly affordable and sometimes it’s FREE too! The truth is – we are not the no.1 in the business and it’s our continuous effort to match the top honchos in the trade. So, for us providing an online ecommerce store solution is a progressively elaborated process!

24SevenCart integrates with Microsoft Dynamics RMS and POS2009. That’s not all – if you are using any other third party application with Retail Management System, we can integrate that too! Above all, we have robust solutions for channel integration with a 24SevenCart-based online ecommerce store as well!

Thursday, July 1, 2010

Use Your Off Season - How To Get Ready For The Shopping Season ?

It’s ‘holiday’ season for most of the retailers; no long queue outside the store, no yelling customer over the phone for replacement, no capitalized email for delayed delivery – there is a lull everywhere these days. It’s the off-season – the same fanatic buyers simply not interested to buy anything these days! So, what do you plan to do these days? Watch soccer? Watch Wimbledon? Go fishing? Or do you have something else to do that would give you robust PROFITS during the coming shopping season? Well, it’s time to think seriously about your business!

The off-season gives you the time to assess your business capabilities and plan for the shopping season. In fact, most of the successful online retailers analyze, plan and act during this period; thus, just before the shopping starts, they launch something completely NEW and end up achieving ‘record-sales’ by the time the shopping season is over. Forget those game-changing marketing ideas of online giants, even a few simple and yet organized steps can do wonders for your business.

  • Automate the online store: If you are using POS software like Microsoft Retail Management System (RMS Microsoft), it’s time that you integrate it with your online store. Integrating your Dynamics RMS or the POS software system with the online retail store will save more than 50% of your data-entry and order-processing time.
  • Revamp the design: Do you compare the design of your website with your competitors? Does it look pale? Or is your competitor has a new design-element or a catchy animation that has the potentiality to woo more customers? Check out now! But please note two things – 1) You SHOULD never copy someone else’s design to build your online store and 2) Just for the sake of beautification never cut-down on navigational ease. Your online retail store should look unique, aesthetically designed and yet it should offer the complete freedom to find out the products comfortably.
  • Work on your categories: Your product categories are like the departments or the ‘floors’ in your retail store and the sub-categories are like shelves or racks. So, arrange your categories as neatly as possible. If you are planning to add new products, add the categories and sub-categories. Experts say that the top selling categories or products should come first so that the customer’s eyes zeroes on those the moment he arrives at your online shopping cart.
  • Recheck the pricing: Last year’s pricing structure may not work this year. Note down your best and worst performing products. Find out what others charging for the same product. Remember, a product that performed well last year may not necessarily do well in the next year. So, keep your pricing competitive.
  • Plan your search-engine marketing activities: Search engine marketing is a long process and if you start it now, you will get the results right at the beginning of the holiday season.
  • Rewrite the product description: Researchers say that the 70% of the reasons behind shopping cart abandonment are inadequate or incomplete product information and product details written in “sales language”. Your customers were not born yesterday; they know what they want to buy. So, find out the products whose descriptions are incomplete or unnecessarily exaggerated and make the changes.

These are not everything that you should do during this off-season. Explore new business possibilities, ask your shopping cart vendor to help you and even more, if you don’t get a suitable answer, it’s high-time that you change your online shopping cart provider and go for a reliable before the shopping season begins.

Wednesday, June 16, 2010

Grow Your Online Retail Business - Tips For Acheiving More Sellings!

Bill Clinton once commented - “the single most important factor in your retail business is – your customers”. Whether online or offline, your customers are the main driving factor behind the success or failure of your business. You must always remain on your toes to serve your customers with whatever best possible thing you can manage.

Now, if you are using Microsoft RMS(Retail Management System), you are actually a few steps ahead of your competitors in wooing customers. Microsoft RMS gives some unique features to manage and control discounts and other sales offers that keep you stay in touch with your customers at all time. Let see how a few simple tricks can do wonders for your online retail business!

  • Putting items on sale
Being a retailer, you must make both your retail and the web store a ‘happening place’ for your shoppers. There should be one or the other promotional activity running on your online web store. A group of your customers should always be looking for the next sales day or promotion activity. You can name a sale-campaign as “customer appreciation day“, “Value Return week”, “Stock clearance sales”, “Weekender Specials” and what not?

Now, in all cases, you can set the sale prices in your Microsoft RMS in advance. Before you specify the sales prices of your products, you can specify start and end dates or the campaign or make it a weekly schedule (put some items on sale on Saturdays and Sundays) in your Shopping Store with Retail Management System.

When a customer buys an item on sale, Microsoft Dynamics RMS will automatically take the sale price. When the campaign ends, Microsoft RMS will convert the sale price to the regular price.

You can set sales-schedule in your store from the store operations manager in Microsoft Dynamics RMS. If you are using Microsoft RMS as Shopping Cart Software, you can take this complete sales-schedule to your online store and avail these offers to your online shoppers.

  • Provide a gift with a purchase
In your Microsoft Dynamics Retail Management System (RMS), you can assign a promotional or gift item (called a “tag along” item) with every item in the database. Thus, when a shopper buys a particular item, Microsoft RMS will automatically include the gift item in the sale. Even more, you can also specify the quantity of the gift item you want to provide with the purchase.

Before you give a gift for a purchase, you will need to specify an item as gift and place it as a “tag along” item to the item you wish. For example, let us consider that you want to give a skating board to the customer who purchases an item that priced at more than $300.00; you will need to assign the skating board as tag along item to each item whose price is more than $300.00.

If you have a RMS Microsoft - Shopping Cart Software like 24SevenCart that integrates with the Retail Management System, these gift details can be synchronize with the web store for your online customers.

  • Setting up discount schedules
Microsoft RMS offers two wonderful types of discounting mechanisms; the mix and match - where a customer gets a discount when he/she buys a certain quantity of similar items. The second one is “Buy X, Get Y for Z”, in which the customer gets a certain number of items free or at a discount when he buys a certain quantity of those items at the normal price. In both the options, when a discount is set for an item, the item's price is automatically reduced as that item is added to a sales transaction (or to the shopping cart in case of the Shopping Cart Software for Microsoft Dynamics RMS) and discount conditions are met.

Tuesday, June 8, 2010

Online Retail - How To Know Your Customers Psychology ?

An online store can bring completeness to your retail business. Through your online store, you can both mobilize your physical marketing resources to promote your retail business and streamline how your customers interact with you to purchase the product. However, the mindset of the customer becomes entirely different when it comes to purchase something over the web. In his sub-conscious mind, the customer usually looks for a better deal as his physical movement is confined (his shopping notions are somewhat ‘pre-programmed’ when he visits the online store). Naturally, as an online retail store owner, onus is on you to present things in your store as per your customers’ psychological orientations.

A few things that govern customers’ psychology when it comes to online shopping and where you as an online retailer can take benefits are:
  • Neuromarketing Techniques – Brain-research studies show that online shoppers are greatly influenced by the color of the background, location of the product on the screen, display of pricing etc. The shoppers decision to buy a product or his spending limit is determined by these factors. For example, researchers suggests that a greenish pattern in the background of a product in an online store selling furniture, may help in firing the online customers neurons in a way that would make them sensitive to the price of the item. On the other hand, a blue-colored pattern may help in stimulating the online shoppers neurons towards the comfort-angle of the product. In simpler words, for a low-priced product keep a green background and highlight the “low price”, similarly, if your product is highly-priced, use a blue background and highlight the “comfort features”.
  • Affinity for free-shipping – The phrase “free-shipping” is one of most sought-after characteristics of a any product sold online; at least a large section of the online shoppers just run for it! Consumers prefers free-shipping offers as they compare it to the shopping experience in the physical store; you take out your car, drive to the store, burn gas, buy the item, burn gas again, move through traffic, reach home, park your car and finally open the box on your living room table – well, the retailers mind compares all these with the phrase “free-shipping”. Even a $20 discount weighs less than a $10 waiver in the name of free-shipping. Discount? “Well, it’s ok; everybody gives.” Free-shipping? “Why, I will buy it!” This is the psychology of major chunk of online shoppers.
  • Comparative pricing of productsOnline shoppers psycho-analysis report shows that most buyers give precedence to mid-range comparative pricing of a group of similar product. For instance, if you place two similar items on the category page of your store (showing brief details of both), one priced at $100, and the other at $150, most customers will purchase the cheaper one. Now, add a third item priced at say, $200 (the one that you are not even interested in selling); you will be amazed to see that most people will purchase the item selling for $150! Moral of the story – always give your buyers something to compare!
Online shoppers also prefer the pricing in their local currencies (if you are selling globally) and they have a great love for coupons also. Moreover, the buying pattern also varies with various demographic parameters like age-group, income-group, sex, education, community and so on. So, while you sell – observe and know your customers!

Wednesday, June 2, 2010

Go For An Online Store - Boost Your Offline Websites Builder Sales

If you are a retailer and still shying away from ecommerce, you are missing not missing something – You are missing A LOT! Consider the aggregated loss in business that translates to your competitor’s profits simply because you are not selling online. Ecommerce is not an overnight activity; it is a meticulous process, which takes months to give a complete shape. Right from setting up complete store to marketing your products, you need to have experts at hand.

At the start, you may not see traffic or sales from your online store, but there few steps and the guidance of a good ecommerce service provider can help you to start building visitor traffic and generating sales through your online store. However, always remember - your online business is a tool for your offline marketing. Through an online store, you give your business a complete picture that your customers would love to see.

Through your online store, you can both mobilize your offline resources to promote your online business and streamline how your customers interact with you for ordering system. If you have permanent customers who fax you orders, you can simply guide to them to place it through the online store – making things pretty easier. You can run specials for your website or you can offer online gift cards for various items. The motto is to assess your business base and find the opportunities to promote your products to your customers at a very affordable cost. For that, your online store is the cheapest solution for advertising your business.

Build Online Store with "24SevenCart" is a reliable eCommerce Shopping Cart solution. For further details visit 24SevenCart - Build Online Store

Wednesday, May 19, 2010

Appealing To Women - Key To Success in Online Retailing

Shopping has been an obsession of women across the globe. A new shop in the neighborhood, a new shopping mall in the area, a new brand launched - women are first to know and first to go. When it comes to shopping, women are more organized (45% of women come to with shopping-lists as compared 27% of men), regularized and they show some definite trends in their buying behaviors. A retail stores woman is more likely to spend time in a retail store (29%) as compared to her male counterpart (23%).

Now, let us look at online retailing; a Jupiter Research survey says 60% of U.S. online shoppers are women! Another equally intriguing and related fact is - 92% of UK female Internet users buy products online. Undoubtedly, these figures show that there is an increasing trend amongst women to go for the online option.

When a woman visits a retail store she will consider a few factors such as:

• How conveniently the store is located

• Behavior of the staff

• Cleanliness (most of women are obsessed with it)

• Products put at an easy reach so that she can check the label, feel it (if required) and physically compare it with a similar product from a different manufacturer

• Overall aesthetic decoration of the store

• And most importantly - freebies and discounts available with the products

Naturally, the same woman when she would visit an online retail store will look for these factors in her sub-conscious mind. She would love to get the same feeling as she derives from the environment of her favorite retail store. She will unknowingly demand these from your online shopping store.

She would choose to stay and buy from your online web store if you can meet the following:

Save time: You should give her the navigational freedom and easy roam around options in your store; give her instantly whatever she wants.

Get a better selection: Your product should be the best in the designated price bracket

Complete product details: Do not describe your products in single words; give as much detail as possible.

Better value/offer: Your freebies should be 'useful' enough and the discount should be noticeable

Logistics: You must deliver the product right at her doorsteps and nowhere else!

Flexible return policy: Many times a woman takes a second opinion and you should respect this nature. Be flexible if she asks you to replace what she has bought.

It is the convenience of shopping from home that drives women to buy online and this has been the single most influencing factor that drives online retail sales. Online shopping store can help you to generate hefty profits and as women are your major customers, you must enact everything in your store to please them.

Tuesday, May 4, 2010

TILE - Best Practices With Microsoft RMS Solution

When we talk about best practices, we do not mean those "precautionary measures" that you should take to make your software perform! Rather, our best practices are combinatorics of different options that would directly affect your productivity towards a positive side.
For example, TILE gives us a dynamic interface to manage images.

TILE is not just a single image with a product. Rather it is an entire set of images that can be further re-sized or reshaped for a collective web display.


Download TILE and Integrate it up with Microsoft RMS (Retail Management System)

TILE can make the task of record editing and updating extremely easy. With TILE, you will simply open your RMS records in a grid-like view (as we have in MS-Excel), quickly apply one or more filters, use your mouse to select the records, right-click, enter the desired value and update. All 100 records will be updated in a flash.

Thursday, April 15, 2010

Ecommerce Shopping Solution - 7 Keys to a Successful Online Shopping Cart

An online shopping cart store is never born with a guarantee to sell from day one. Although, it is easier to set up an online store powered by an e-commerce shopping cart than a physical store, it is not that easy to let people know about it.

To make your potential customers buy from your online shopping cart store, you need to have a definite plan in place and follow certain strategies:

  • Plan your product, plan for your customers
  • You should have a clear idea about the products, your potential customers and the present competition in the market. Before you start the store, you should evaluate all these and try figuring out your chances.
  • Make it easy to move around
  • Your online store should be easily navigable. From the home to the 'thank you' page (the page that a shopper will get once he completes a purchase) everything should be optimized properly and have uniform display. All offers, discounts, terms etc. should be clearly mentioned in your store. Anyone visiting your store should be able to locate a product easily. You may display banners, put information, give an aesthetic look - but what matters is the navigational flexibility of your store.
  • Be trustworthy
  • Your store should offer a secured interface to do any transaction. While shopping in your ecommerce shopping cart, your customers should feel that they are buying from a trust able source that would honor his/her privacy.
  • Offer multiple payment methods
  • You should offer various payment gateways in your ecommerce shopping solution store so that your customers can readily pay for the product. Try avoiding those payment gateways with limited credit or debit card processing facilities as enable for easy shopping cart.
  • Use the latest technology
  • Your ecommerce shopping solution software should use widely accepted technology platform such ASP.NET. As online shopping cart developed using ASP.NET technology will give a robust interface to run a scalable online retail store.
  • Give business-specific options
  • Avoid using off-the-shelf ecommerce shopping cart, which lack domain-specific functionality. Your shopping should have the necessary options to show all the features of your products. Your customers should get all information about your products very conveniently in your ecommerce shopping cart.
  • Be generous in giving discounts
  • Online stores are popular because shoppers get hefty discounts there. Set different discount parameters all across your online shopping cart; give freebies for a purchase over a certain amount; give quantity discount and so on. Above all, boldly display your discount offers on your home page!

Besides all these simple approaches - maintain a healthy customer relationship. Remember the key to successful management of an ecommerce shopping solution is in retaining your customers through excellent customer support!

Have a complete article: 7-keys of a successful online shopping cart : E-commerce Shopping Solution


Friday, March 26, 2010

ECommerce Websites bring buyers to Retail Shopping Stores - Ecommerce Software Solution 24SevenCart

eCommerce have been greatly increased in the past few years. It proved a lot profitable for the buyers as well as for the retailers. Where in today’s fast paced life people have scarcity of time, eCommerce proved as a boon.

There has been a great increase noticed in the number of eCommerce websites which had simultaneously increased retail shopping. Ecommerce Shopping Cart Solution helps a lot in bringing buyers to the retails stores. Whether you are looking for any consumer product, industrial item or just general shopping, eCommerce websites acts as one of the best place to purchase the items from. Online transactions are easily carried out at Ecommerce Shopping Cart websites. Retailer’s gives lucrative offers and buyers get ready to purchase products offered at the shopping cart website.

eCommerce gives buyers the opportunity to select the item of their own choice with just a click of mouse on the Integrated Ecommerce Shopping Solution. The buyer can make purchases by sitting in their comfort zone of home, office, cafĂ© or any other place. The retailers give buyers the chance to make their wish list, place orders and get the shipment done that’s within very less time. Thus eCommerce website saves in lots of time, money and travel, yet offering an excellent shopping extravaganza.

If you login to an eCommerce website but are unable to find the product of your choice, you can easily login to another website for the same product. Secondly, there are Integrated Ecommerce Solution which helps in comparing the price and act as Price Comparison Engine. It helps you in comparing price of same product and choose retailer offering the best price.

Microsoft Retail Management System Integrated Ecommerce Solution provides you the privilege of utilizing an automated system. This avoids manual data entry. You can choose any item and put it in RMS Cart and if you feel to change the item, you may remove it. You, as a buyer only need to place the order whereas other procedures are done automatically by the system. This reduces the chances of errors.

The entire ordering process until payments are automated, there is no room for errors in an Integrated Ecommerce Solution. You can also expect good online discounts while buying products. On the other side, if you don’t wish to make purchasing online you can view the items listed on the website, and get their details, can compare their prices and purchase them from the nearby retail shop. This helps you save the selection time.

So we can conclude that eCommerce has made online business transaction very easier for retailers as well as for customers. E-business is gaining momentum day-by-day. Different type of eCommerce websites proving helpful for the retailers bringing the buyers to their door steps whether manually or automatically.