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Posts with 2014 Tag

2014 Could Be the Year that Online Retailers Outsmart Amazon

Posted by Shaun RyanJanuary 21, 2014eCommerce, Site Search

As I look through articles on trends and business strategies for 2014, it’s clear that Amazon is driving many online retailers’ business decisions this year. With Amazon’s advantages in fulfillment speed, pricing, inventory, and the sophistication of its e-commerce engine, I imagine the question of how to effectively compete with the behemoth keeps many online retailers up at night.

However, there is a category of savvy online business owners – many of whom we have the pleasure of working with – who are keeping the Amazons, eBays and Walmart.com’s of the world at bay by finding their own niches.

These retailers are discovering that they can maintain dominance on their home turf and draw new shoppers to their sites by showcasing their domain expertise and augmenting their unique assets with services from third-party providers. For example, a merchant can use videos and social media marketing to effectively emphasize its unique specialty.

Additionally, retailers are looking to service providers to handle critical areas of their website like search, shopping cart and check-out, mobile design, personalization, and more. When a service provider has a single best-of-breed offering and leverages it across hundreds of retailers, it’s possible for that service provider to surpass Amazon’s own offered capabilities in these areas.

The key for retailers of any size is to maintain a solid focus on delivering the best overall shopping experience possible – through both technology and easy access to great customer service. In other words, don’t worry so much about what Amazon is doing, just worry about making sure you’re doing the best you can at what you do well, and look to your technology service partners to optimize performance for your website, which is what we do well.

Kidrobot_MUNNY_21Jan14As an example, look at Kidrobot, whose pop art and designer toys are constantly shared over Facebook, Instagram and other social media sites. SLI incorporated social media content into Kidrobot’s on-site search. Now, when you search for MUNNY (see screen shot below), not only can you easily find a MUNNY product, but you can click on the Instagram tab to view photos of MUNNY toys, click on the Video tab to view videos of MUNNYs, and so on. Even though you can buy MUNNY toys and other Kidrobot products on Amazon, many shoppers still want to buy directly from Kidrobot’s site because they enjoy the delightful user experience that Kidrobot has created for shoppers.

So if you’re looking to beat Amazon at its own game, leverage the assets you have that they don’t. It may be your physical stores, unique access to products, a deep knowledge of your niche, or something else. Also ensure they know that your service and responsiveness is the best around. I wrote more about how we do this in the recent blog, A Unique Approach to Customer Service.

I’d love to hear your thoughts on what retailers should focus on in the coming year to compete effectively with the online giants. Please comment below to start a conversation.

Survey Reveals eCommerce Marketers are Leaving Money on the Table. Are You?

Posted by geoffbNovember 20, 2013eCommerce, Newsletter, Site Search

The results from our annual eCommerce survey are in. Unfortunately, what our latest survey revealed is that a majority of marketers are not taking advantage of the extra “punch” that site search can give their marketing programs. This represents a huge missed opportunity for eCommerce brands to improve ROI of their marketing campaigns and increase sales.

According to our recent survey of 160 global eCommerce professionals, the majority (57%) indicated that they don’t tap into the wealth of customer information in their site search systems. The reason? Half (50%) said it was because of limited resources. Others (30%) simply don’t know how to use site search data effectively. And 10% said their existing site search solution doesn’t allow for integration with marketing programs.

While I don’t doubt that some site search solutions have limited capabilities in this area, my guess is that most people aren’t using site search to its full advantage because they simply don’t know how, or they think it’s more effort than it really is.

Savvy eCommerce marketers use site search data to deliver more customized offers in their email marketing campaigns. Jelly Belly increased their email open rate by 85%. PartySuppliesDelivered uses site search data to guide its Google AdWords campaigns. Motorcycle Superstore and others use SLI to create special site search and natural search landing pages that generate higher click-throughs and conversions, and even fuel their advertising initiatives.

Looking to 2014, survey respondents clearly identified site search, SEO and eCommerce platform as the top three priorities for the coming year. Mobile initiatives and customer-focused analytics ranked next in priority.

It’s great to see that site search remains a top area of focus in the coming year for retail brands, as it has in years past. Of course this is not surprising to me, as I’ve seen how even small improvements with site search can directly improve a business’ usability and profitability, making it one of the most valuable parts of any eCommerce website. My hope is that with this continued focus on search, marketers will take a closer look at the ways in which their site search activity and reports can improve the effectiveness and increase ROI of their marketing efforts.

With the holidays fast approaching, now is the time to “think outside the search box” and use your site search to drive greater brand visibility and loyalty. If you need help putting some of these ideas into action, ask us how SLI can work with you to get them implemented quickly.

For more insight into the thoughts and practices of eCommerce retailers, download our full survey report and analysis. Also view the survey results infographic.

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