3 common areas where e-commerce businesses struggle
The world of
e-commerce has continued to blossom, but that doesn’t mean online retailers are
stress free.
While the
marketplace may be booming, you may not be able to say the same about your
sales.
Developing
your e-commerce site is the simple part; managing and facilitating
relationships to increase your sales is where the tides may turn. The question
remains, what can you do to solve these problems?
Whether
you’re starting a business or already in the market, it’s never too late to
make some changes. Let’s take a look at a few areas where many online retailers
tend to struggle, and what you can do to improve.
1. Website Security
No matter
the size of your business, you can count on having a target on your back. Many
business owners don’t take website security as seriously as they should.
The lack of
time spent on website security will not only end up in monetary losses in the
short term, but in the long run as well. How comfortable will your customers
feel using your site again if their information gets leaked? Chances are, they
won’t be too pleased.
Anticipate and prevent cyber attacks
About 52
percent of respondents to a 2015 survey believe they’ll “likely” be hit by a
successful cyber-attack this year.
That’s up
from 39 percent last year. And even more respondents, 71 percent of them, admit
that they fell victim to a successful cyber-attack in the prior year.
Building a
relationship and trust between you and your customer is a hurdle in itself.
Don’t jeopardize all your hard work just because you underestimated the
probability of being hacked.
Test your
website several times to detect any possible weaknesses.
Do yourself
a favor; don’t fall into that 71 percent. Act swiftly to decrease the chances
of this happening to your business. Take the time to look up different apps and
security systems that can help reduce the risk of a cyber-attack.
2. Customer loyalty and trust
Unless
you’re a well-known brand with raving reviews, it is likely to be a challenge
building loyalty and trust with your customers. Online businesses often
struggle much more than storefront retailers due to the inability to meet and
see the face behind the product.
While
shopping online has its advantages, it often helps to have that tad of human
interaction to build a relationship with your customers. A smile and a
handshake go a long way in the world of sales.
Foster a relationship
There are
other things you can do to help foster that relationship, such as identifying
what makes your product unique over competitors, providing contact information
other than a form such as email, providing your location and phone number, and
putting your team on display.
You may not
be able to meet in person, but providing pictures, bios and links to personal
media pages such as LinkedIn can help your customer feel like they know who
they are doing business with.
Make interactive content easily
visible
Aside from
supplying these details, make sure other content such as reviews and blogs are
easily visible. If your customers are able to identify with your voice and can
get a grasp of the quality of your service/product from the reviews it will
make that transition from browser to customer that much easier.
Implement
loyalty programs and personalized advertising
Making sure
your customers feel special and prioritized will help build that loyalty and
trust you desire.
3. Mobile
You would
think by now all online retailers make it a priority to ensure their site is
not only mobile responsive but provides a great look and feel for their
customers. On top of the visual aspect, make sure to:
Make mobile
shopping easy
Take into
account the entire shopping experience from start to finish. Make the process
as easy as possible for your customers; don’t make them have to start all over
again on their computers.
The shopping
cart abandonment rate alone is around 67%. Giving your customer a reason to
ditch their cart will most likely result in not closing the sale, period.
If you want
to go the extra mile, consider developing a specific mobile shopping app to
enhance the experience that much more.
Optimize the checkout process
Although
most transactions are still made through desktop, you should never exclude
those who complete the checkout through their phones.
With just a
few simple tweaks, you can bring your site from a six to a 10. There is
enormous opportunity in the world of e-commerce. Don’t let your potential slip
by not following through on a few areas that can make or break your business.
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