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Currently browsing posts related to: conversions

Social Commerce Product Review Webinar - Thursday, Aug. 16th

Continuing on with the Ecommerce Webinar series, … this Thursday (Aug. 16th) Andy Chen and Jay Gordman will join Jason Billingsley for a hour long candid conversation on the pros and cons of adding user generated product reviews to your ecommerce site. There is power in social commerce but there must be a catch, right? Well maybe not. Attend this complimentary webinar to find out.

That’s right - put that checkbook away because there is no charge for you! Simply sign up for User Reviews: The Power of Social Commerce and attend on Thursday, August 16, 2007 9:00 AM - 10:00 AM PDT (GMT -8).

In the presentation, the panelists will address a comprehensive list of topics including…

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Social Commerce Product Review Webinar - Thursday, Aug. 16th »

Feeling Abandoned? Shopper Leaves Cart in Crazy Ecommerce Video #7

Everyone gets distracted when shopping online. That’s one of the nice things about shopping via the web - you can take a phone call, refill your coffee, walk the dog, quick nap in the hammock … then come back and your order is still there. The flip side of this scenario is the theme of sorts for Crazy, Messed-up World of Ecommerce video #7 “Abandoned.”

Video #7 - Abandoned

For online retailers though, abandoned carts are the root of endless worry and concern. These conversion killers piling up in your logs beg questions like: Why did they leave? Were they just comparing prices or features or is it something I did? Maybe there’s something wrong with my site’s usability! How can I make it better? How can I get them back? How can I raise my conversion rates? Would adding “wishlists” or “saved cart” features reduce cart abandonment? and so on …

Well for sure usability is important (check The Ecommerce Checkout Report for more on best practisesc) and certainly retailers loathe leaving money on the table, but sometimes, cart abandonment just happens. Just hope they come back, right?

Using Social Media to Sell the Bling - Get Elastic #40

Social Media maven and e-tailer Pinny Gwinish of Ice.com makes his 2nd appearance on the Get Elastic podcast to talk about the effects on viral video on ecommerce sales. Topics include acquiring domain names, investing in equipment, forthcoming videos and raising conversion rates. See (hilarious) videos at Pinny’s World and Mr. Cupid on You Tube.

MP3 File

Pinny Gwinish of Ice.com

[Photo of Ice.com's Pinny Gwinish at eTail UK by Dave Olson]

Spreading the Checkout Report and Gearing up for the Webinar

This morning, we circulated a press release about the Ecommerce Checkout Report and the forthcoming companion Webinar to the report. PRWeb does a great job of making the press releases more social with insta-links to share, save, and publicize via many social bookmarking and aggregater tools. Plus Jason’s mug shot is attached - great for desktop wallpaper!

But really, … Check out the ready made pdf of the Ecommerce Checkout Report as well and/or subscribe to the Elastic Path Press Release RSS feed or just read the spiel here and ’socialize it’ if desired.

New Ecommerce Research Sheds Light on Checkout Myths

The study looks at ecommerce checkout strategies at the Top 100 Online Retailers to determine which tactics are used most and work best. The report is free to download and requires no registration. A companion webinar, hosted by report researcher Jason Billingsley of Elastic Path Software and web marketing expert Stephan Spencer of Netconcepts, will be held May 17th, 12pm ET to discuss the findings in depth with full attendee interaction.

Vancouver, BC (PRWEB) May 9, 2007 — We assume a prominent return policy, site security badge, and shorter checkout process will lead to an increased conversion rate, but is this truly the case? Many online retailers are both time crunched and resource strained. They are unable to legitimately test which tactics do and do not work. Unfortunately, when determining which best practices to adopt, decisions are often based on hunches and not fact.

jason300.jpg

A new report evaluates the checkout strategies of the Top 100 Internet Retailers and seeks the correlations between the checkout tactics and success rates. The Ecommerce Checkout Report observed top performing online stores for 23 specific checkout characteristics affecting the customer experience in three categories 1) speed and ease of use; 2) security and confidence; and, 3) profit enhancement.

The report attempts to answer questions like: Does a shorter checkout process really decrease shopping cart abandonment? Should you use an order confirmation screen? Does live chat improve conversions? Study samples included a variety of vertical market groups including apparel and accessories, computers and electronics, and both high and low ticket value product retailers.

Interesting findings within the report:

  • Conversion rates were nearly double at retailers selling high ticket priced items when coupon code entry was not available.
  • Conversion rates were a full 40% higher where Top 100 retailers did not request a CVV (Card Verification Value), yet over 55% of them do.
  • 36% of Top 100 retailers offer alternative payment options such as PayPal, Bill Me Later, or Google Checkout, but conversion rates were convincingly higher at retailers who did not offer alternative payment types - more than double at retailers selling high ticket value items.

Principal report researcher, Jason Billingsley of Elastic Path Software — an ecommerce software vendor, explains, “Our goal with this report is to give online retailers a yardstick for comparing the effectiveness of their own checkout strategies. Hopefully, it will give them incentive to start testing tactics that seem to be most effective for increasing conversions.”Beyond the complimentary report, readers can hear anecdotal commentary at an upcoming Webinar on May 17 at 12 p.m. ET with panelists Jason Billingsley and noted industry expert Stephan Spencer of Netconcepts. Webinar registration is free and the format will allow for questions to the experts. The collected conversations will form the basis of a follow up prescriptive report including objective recommendations for improving conversion rates in specific industries.

Read The Ecommerce Checkout Report and companion blog series (no registration is required):
Ecommerce Checkout Report and companion blog series

Sign up for the interactive webinar:
Ecommerce Checkout Report Webinar

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Copywriting for better online retail SEO

DM News published an article titled ‘Copywriting for better online retail SEO‘ by Elastic Path’s VP Marketing (and search enthusiast) Jason Billingsley in their March 30 2007 online edition.

Anyone who has chatted with Jason at a trade show or other event quickly learns that he is passionate about search engine optimization and enhancing usability to increase conversions. Show him your site and, after a quick and calculated look, he’ll rattle off a dozen tips and tricks which will increase your site visibility resulting in more (cheap) organic hits allowing you to reduce spend on (often expensive) Pay Per Click ads while maintaining or increasing your traffic levels.

No, Google is not too worried ;-), but your competition will be worried if you study Jason’s tips and follow them.

Anyhow, the article hands out a big concept which is basically a new way of looking at something you are already doing for your site - writing words. The gist of Jason persuasive case is ‘write how your customers search.’

People search similarly to how they speak. The content created should match closely to the content sought and, therefore, will rank toward the top of the search engine results page.

I find watching people use search engines remarkable due to the words they use to search - more often than not, casual phrases and conversational snippets are the norm rather than one-off, specific word strings like found in a products’ technical specifications.

Jason sets up an example of this:

For example, a typical description of a sheet set may read as follows: ‘100 percent cotton, 300-thread count, cross-woven machine washable.’ However, the product will be much more findable, and will rank higher in organic searches, if the name and description contained the same language searchers are using.

The shopper would respond much better to this: ‘These winter white soft bedsheets will whisk you off to a comfortable dreamland every night. No other luxury bedding will make your bedroom as regal as the Queen Collection’s 300-thread count, 100 percent cotton sheet set. The only trouble with a luxurious, warm and comfortable set of sheets like this is having to get out of your dream bed each morning.’

As you see, these words are more persuasive and contain sets of phrases shoppers are actually looking for: white soft bedsheets, luxury bedding, cotton sheet set, comfortable set of sheets, dream bed.

So when writing your descriptions, commit the time and energy to doing it right. Think ti through and write a little story for each product. This seems like a lot of work and it is. Writing isn’t necessarily easy and writing well takes practice and well, … time.

As such, seek advice from experienced writers (freelance if needed) and absolutely talk to people outside of your vertical universe. Talk to your nieces, grandmothers and neighbors to find out how they talk about your type of goods (ergo: a ‘couch’ to one person is a ’sofa’ to another and a ‘chesterfield’ to someone else). Make sure to get out of your company echo chamber where everyone uses and understands the same industry jargon and parlance. By doing so, you’ll find fresh insight into the ways customers search for what you have. By doing so, you’ll attract more qualified buyers, more cheaply.

Make more + Spend less = Great Success! Start by reading Jason’s tips.

Add to Cart, the online retailing blog

This is a brief introduction to my new blog… Add to Cart. Previously, I had contributed in an ad hoc fashion to our company blog Get Elastic, but we have recently added multi-person blogging capabilities. What does this mean? Simply, more specialized content focused on online retail, conversion techniques, ecommerce best practices, etailing industry trends, search engine marketing, etc.

The beauty of having this new blogging platform is Elastic Path employees will now be able to communicate their vast knowledge to the world easily. Our PD department will likely be getting technical with their posts, sales will talk about general industry buzz (ear to the street), marketing/product management to discuss specific ecommerce issues, and of course we will also keep a line on general company happenings.

So, stay tuned by visiting often and subscribe to the feeds most relevant to you. We will be adding bloggers in the coming weeks.

Driving Traffic with Retail Affiliates - Get Elastic #14

Jim and Wade of Forge Business discuss leveraging affiliate marketing programs to drive traffic plus sort out how to manage channels, mitigate risk and increase conversions. Additionally, they opine on the search power of blogs and how passionate online writers can increase audience and monetize blogs.

MP3 File

Ed and Wade of Forge business at etail midmarket
[Wade and Jim of Forge Business at eTail
Midmarket, photo by DaveO]

One Page in AJAX World Magazine

AJAX World Magazine picked up the press release Elastic Path Software Announces AJAX-Powered One Page Checkout for Online Stores about Elastic Path’s new AJAX-i-fied One Page checkout tool.

While the technology which drives the software is cool and innovative, the increased functional utility to the customer is what really makes One Page an exciting announcement for Elastic Path. Even the analysts agree.

“When retailers provide simple and streamlined web sites, with hassle-free checkout, online shoppers are much more likely to buy,” said Alex Fletcher, lead industry analyst at The Entiva Group.

“While consumers are not necessarily aware of the driving technology behind an ecommerce site, they appreciate capabilities such as dynamically updated totals and an easier shopping experience that are made possible by an AJAX-powered checkout. Elastic Path’s One Page technology will reduce shopping cart abandonment for its customers as online shoppers are more apt to buy if the process is quick, easy, and forthcoming.

Well that’s nice, but exactly what is it that One Page actually does to reduce abandonment and increase conversions?

Elastic Path One Page provides customers with a constant snapshot of order details. The contents of the shopping cart can be adjusted at any time without losing existing data, enabling customers to see the effect of an applied promotion code without ever leaving the checkout process.

Additionally, by maintaining a small size footprint, Elastic Path One Page loads in under half the time of competing flash-based offerings, enabling retailers to provide an optimal shopping experience without demanding the presence of finicky browser plug-ins.

Exciting stuff - small, responsive and intuitive. Fortunately, eager and progressive retailers only have to wait until November 2006 to get their hands on it.

Converting the Long Tail - Get Elastic #11

Elastic Path VP of Marketing Jason Billingsley explains how smart search engine optimization and parametric site indexing help retailers profitably capture the “Long Tail” market by positioning their ecommerce shop as a big fish in many small ponds.

MP3 File


[Photo of Jason Billingsley by Kris Krug]

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