The market is in recession and with the current pandemic, many people are social distancing, with many people still under quarantine. With so many people stuck at home, the world of e-commerce has gained a large amount of traffic and products are flying off the shelf. In this article, I cover 9 solid tips that will help you engage better with your audience and increase revenue whilst the sun is still shining.
1. Put yourself in the customer’s shoes
Let’s face it, living in 2020 means that you’re probably shopping online, e-commerce is dominating almost every industry. In 2018, Australia’s leading market research company Roy Morgan, found approximately 10 million Australians above the age of 14 purchased one or more products online in a month’s duration. That’s nearly 50% of the population! Online shopping was deemed to be the third biggest category after leisure and entertainment, namely netflix and amazon prime. That means there are literally millions of online customer service ‘experts’ out there. You have to keep up with online features and trends, ensuring your e-commerce website is functioning spectacularly. Analyse your e-commerce website subjectively, bringing in family and friends to test drive your website to assess its usability and features. Quiz them, ensure you note down what works well and what is frustrating. Ensure you compare the user experience between your website and the competition, making sure you are able to add value to all visitors that enter your website. This could include more images, tips or easier navigation to various pages on your website.
2. Find unbiased feedback
It’s important to gain a deeper understanding about your current and potential cliental. We advise trailing a variety of online tools to learn about how customers are using your e-commerce website, providing you with an objective view on your website’s usability. Hottjaar.com is one that is highly recommended, it’s a fast and highly visual, helping you to understand your customers perspective and user experience. The site offers heat maps, consumer behaviour videos, conversion funnel analysis and surveys as feedback polls for under $100 a month. Don’t be a website that undervalues their user experience, through poor management and user fulfilment through customer search. Take Amazon.com as an example, they have new stock every week with something always fresh to find and make sure customers are able to glide through the search results seamlessly, through the use of easy filters: I want a black men’s t-shirt by Russel Athletic, and Amazon will list all the current stock as selected.
3. Speed is everything
An instant turn-off for the millennial generation is slow loading download speed. Research conducted by Google highlights a maximum website loading speed of 3 seconds is vital to an optimal functioning website. Any longer than 3 seconds and you’re in a dangerous territory, running the risk of your customers moving on to other websites that are faster and flashier. So, let’s work on this, firstly, we recommend using smaller images and reducing the number of videos on your website. Next, consider reviewing your website’s hosting arrangements. The better web hosting service you can organise, the more you’ll be able to use your internet connection and software. Ensure you audit your website every few months, tightening and fine tuning every aspect of your e-commerce website. Finally, its highly recommended that you update your website every 2 years as technology is continuously evolving and you don’t want to be left out in the dark.
4. Leverage one of the only channels you own, email marketing
Think of customers as a long-term asset to your e-commerce website. You want to be able to interact with them and build a long-term relationship so that business can continue, selling your products and services to loyal customers again and again. Consider having various points through your website, especially toward the beginning of a transaction where customers can enter their contact details, specifically their email address, as this will allow you to start and maintain a sales conversation with each customer through several weeks, months or even years. Let’s say its 6:00pm on a Wednesday night, a customer is browsing through a selection of jams on your website, he’s added several varieties of jams to his cart, when suddenly a family matter arises, and he cuts off from your website and closes his laptop. This would ordinarily mean you’ve completely lost the sale. However, if he’s provided his email address to you, you can always send him a reminder the next day at the same time, perhaps even a week later. Maybe you decide that in order to draw him back to the purchase, you offer him a 15% off coupon and a warning that your running low on stock and if he does not purchase the jam by the next day, he’d completely miss out on the sale creating a sense of urgency with an incentive to purchase with the added discount. Popular clothing website The Iconic, alert customers in a similar way, notifying customers when stock is running low on their favourite products or when their offering an irresistible promotion.
5. Communication is key
The customer’s sales journey should never end after payment, this in fact should be the very beginning of the customer’s relationship with you. Be an exceptional retailer and keep your customer well posted with details of their purchase until it reaches them. Retail websites with excellent customer service generally keep customers up to date on the delivery time of their products, consistently advising their customers about any delays or informative content whilst they wait. This builds anticipation and provides assurance that they’ve made a great investment. No one appreciates a delayed delivery, especially when you’re expecting something sooner but remain uninformed about how long or where your product is currently located, it leaves a poor impression. So, make sure you avoid this and ensure the freight company abides by its promises. Don’t be that pushy salesperson that avoids your calls and refuses to recognise your existence once you’ve completed the transaction, making you wait weeks, if not months before you receive your purchase as they’re “sitting on the docks”. All that excitement and emotional investment you once had has now been lost and you begin to develop a negative association with the product and service as the transaction is delayed, and communication ceases to exist.
6. Thank you, you’re important to us
Show the customer that you appreciate their support, ensuring that all purchases are attached with a heartfelt “thank you for shopping with us” email. Most people value positive reinforcement about how great their investment was and how their purchase with you will add value to their lives. It’s the same strategy that a great salesperson provides, as you head out to the door with your new purchase. The next thing you might want to consider is to offer customers a discount code or coupon which can be redeemed with their next purchase. “As a token of appreciation, here’s a 15% off discount code that you are free to use at any time with your next purchase”. Depending on what platform your website is built on, you can often buy plugins that automatically generate customer service emails, ensuring that customers are followed up on without relying on staff to individually send out emails. Great website platforms that will allow you to do this include shopify websites like press-london.com and Tessmaes.com.
7. Reviews, reviews and more reviews.
It’s highly recommended that you program your ecommerce platform to follow up with customers after their purchase. We recommend waiting about a week before sending a follow up email, requesting customers to review the product or service they received. Its key to ensure that you do this well in time, during the ‘honeymoon stage’ whilst customers are still in the fulfilment and consumption phase of their purchase. This will ensure that you receive the highest number of positive reviews. We’ve all visited Uber, Ola or even Ebay at some point in our lives and picked our choice from the highest or most positively reviewed product offering, right? Well, this is what is referred to as the Net promoter score (NPS), it’s an index that measures a customer’s willingness to recommend a product or service. Many businesses rely on the strength of their NPS score in order to draw in more business, AirBnB is a perfect example of this. The NPS index ranges from a sore of 1-10, and you should be celebrating scores between 8 to 10, promptly listing them on your website and social media platforms, while sores that rank 7 or below should always be followed up by an apology with an aim to seek detailed feedback. Offering disgruntled customers a discount coupon is a great way to increase customer satisfaction for those who are unhappy.
8. Loyalty is royalty
Regular loyal customers are easier to retain and often more likely to spend money than most newbies, so to keep them intact ensure they sign up as club members, analyse their spending and reward them with special privileges.
Special ‘club only’ offers, invitations and discounts will make them feel special and increase their likeliness to increase their purchasing habits. Many clothing retailers and wine distributors are known to do this in order to increase satisfaction and customer retention through careful planning, selection and communication. All customer communication, through email, text, letter or otherwise should be personalised with past purchasing trends reflected with each customer. A combination of the listed communication methods would be even better at creating a positive and long-term impact in lengthening relationships with customers. Take this for instance, you send a regular customer a voucher via email, giving them a $25 gift card for the upcoming season. Then, a week later you post through a warm handwritten postcard wishing them the best and reminding them about the gift card, maybe even providing them with a list of new items in stock. How could they not buy? Charles Tyrwhitt (Ctshirts.com) does this often, providing millions of customers with a $20 coupon and a handwritten, personally signed postcard with a humble message and a thank you.
9. Drive demand through scarcity
Be strategic with simple economics and create a sales demand through scarcity if you have limited or premium stock. Customers want what they can’t have and although in the modern world we’re flooded with overstocked commodities in retail stores and supermarkets, if you are in the business of expensive luxurious goods, value towards your brand and product offering can only increase if there’s exclusivity and scarcity. Often, if your product range is always discounted or very affordable, it can lead to consumers perceiving it as ‘low in value and quality’. Take the clothing brand Supreme for example, it creates a hype with it’s audience through producing extremely low stock making its consumers often camp out for days to get their hands on a product.