Ask
The Small Business Professor?
Dear Professor Bruce:
I have a professionally
designed Web site for my business. The information is solid,
it looks great, and I get plenty of traffic. The problem is
that I am not getting enough sales from the site. People
seem to be shopping but not buying. What can I do to help
convert Web site visitors to buyers?
Answer:
Having a great-looking Web
site isn't all that's required to succeed in e-commerce.
Just like with a bricks and mortar store, you have to make
sure you are attracting customers that are truly interested
in buying your products and you must make it easy to
complete the sale. No one wants to wait in a very long line
to buy something in a store. Online, people are even less
patient, and sometimes bail out of the 'shopping cart'
process because it's too long and complicated. Shoppers also
place a high value on reliability and security in making
online purchases. Yahoo's Director of E-commerce Jimmy
Duvall offers the following advice:
- To help drive the
"right" traffic to your site, make sure your e-commerce
solutions provider automatically submits your business to
the leading search engines (Yahoo and Google). Yahoo's
Merchant Solutions product does that, and includes
discounts for listing with Yahoo Shopping.
- To help encourage
shoppers to become buyers, merchandise your products by
offering promotions like discounts, cross-selling, and
gift certificates.
- Look 'under the hood' of
your Web site to better understand where your visitors are
leaving your site, where your buyers come from, and if you
are spending on search marketing, to determine what
keywords are paying off. For example, Yahoo's e-commerce
solution can provide as many as forty reports and graphs
with helpful customer details.
- Review your checkout
process and customize it to maximize your sales. Many
shoppers prefer a one-page, simplified check out process,
with shipping costs automatically calculated so that they
can see their total purchase price before they buy.
Also, keep gift buyers in mind by offering gift wrapping
and messaging options.
- Finally, give your
customers peace of mind that their information will be
secure when making a purchase. For example, Yahoo Merchant
Solutions protects customer information with Secure
Sockets Layer (SSL) using 128-bit encryption, which
complies with stringent Visa security requirements and is
the highest level of encryption available in commercial
web browsers.
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Online,
people are even less patient, and sometimes bail out of the
'shopping cart' process because it's too long and
complicated.
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