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From the eCommerce Summit in Atlanta June 3-4, 2009 here is Mike Ober with Yahoo Small Business sharing eCommerce best practices and using platforms. To find out more about eCommerce Merchants please visit http://www.ecmta.org
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Yahoo! Merchant Solutions
E-Commerce Best Practices &Leveraging Platform Features for Growth
Mike Ober
Merchant Development
Twitter: mikeober
YAHOO! CONFIDENTIAL 2
• Yahoo! hosts more of the Internet Retailer Top 500 than
any other hosted ecommerce
solution1
• Hosts more than 50,000 online stores
• Supports billions of dollars in transactions each year
• Won the PC Magazine Editor’s Choice Award in 20082
Yahoo! Merchant Solutions
1 Internet Retailer, 2006, 2007, 2008, based on U.S.-based ecommerce solutions2 PC Magazine Editors' Choice Award Logo is a registered trademark of Ziff Davis Publishing Holdings Inc. Used under license.
YAHOO! CONFIDENTIAL 3
Yahoo! Stores Include:
National BrandsTop 500 Internet
RetailersNon-Profit
Organizations
YAHOO! CONFIDENTIAL 4
• Understand your site traffic, customer engagement, and problem areas
• Maximize conversion rates
• Increase average order value
• Grow revenue
Accomplish the above by…
• Identifying, then targeting key customer segments
• Maximizing marketing conversion
As an online retailer, you seek opportunities to:
YAHOO! CONFIDENTIAL 5
Are your marbles
lined up?Don’t forget the basics…
YAHOO! CONFIDENTIAL 6
#1 What is your Story?
YAHOO! CONFIDENTIAL 7
#2 Manage your real estate
20% max
YAHOO! CONFIDENTIAL 8
#3 Call the Cart the Cart
YAHOO! CONFIDENTIAL 9
#4 Contact and Trust Elements Above the Fold
YAHOO! CONFIDENTIAL 10
#5 Add to Cart that Pops!
YAHOO! CONFIDENTIAL 11
#6 Get Personal
• Don’t hide � Small Business sells
• Connect with your customers
• Provide means of contact
• Tell your story… wait…
• What is YOUR story?
YAHOO! CONFIDENTIAL 12
#7 Continuity of Brand
YAHOO! CONFIDENTIAL 13
#8 Don’t hang your customers out to dry…
• Ensure they have means to contact you at most critical time
– Shopping Cart
– Checkout
• Sell your story, your value and splash trust when you ask a consumer to commit to the sale
• Shipping Promos? Get them front and center in the checkout process
– Use “count-down” to free-shipping offer to push upsell and value-add
• Bottom line… at the most critical time, make sure your shoppers can reach you.
YAHOO! CONFIDENTIAL 14
#9 Keep the checkout process clean
+ =
Guide your customer through a clean checkout process.
YAHOO! CONFIDENTIAL 15
#10 Simple & Clean Cart
YAHOO! CONFIDENTIAL 16
Simpler & Cleaner
Checkout
YAHOO! CONFIDENTIAL 17
Simpler & Cleaner
Checkout
YAHOO! CONFIDENTIAL 18
Your business can benefit from:
• Fully customizable checkout
• Cross-Sell
• Yahoo! Web Analytics
• Single-Use Coupons
Yahoo! Gives you Features to Help You Succeed
YAHOO! CONFIDENTIAL 19
• Yahoo! Web Analytics is available in beta release for Standard, Professional, and Yahoo! Store merchants
Yahoo! Web Analytics – How Does it Work?
(A Yahoo! Merchant Solutions Feature)
CONSUMER VISITS
YOUR WEBSITE
YOUR WEBSITE IS
EMBEDDED WITH
TAGS
YAHOO!
DATA CENTERS
COLLECT, PROCESS
AND STORE
WEBSITE ACTIVITY
INFO
LOG INTO YAHOO!
WEB ANALYTICS TO
VIEW REPORTS
42
1 VISITOR
3
YAHOO! CONFIDENTIAL 20
YAHOO! CONFIDENTIAL 21
• Identify top-sellers: See how often products are viewed, added to the shopping cart, and purchased
• Improve customer engagement: Learn where visitors exit your site, and modify those pages to increase conversions
• Determine successful marketing tactics: See which initiatives, campaigns, and keyword searches lead to the most visits, sales, and revenue
• Track visits and page views: Break down your audience by first-time vs. return visits and visitor demographics, and identify peak site-usage hours
• Understand Customer Demographics
With Yahoo! Web Analytics, you can:
YAHOO! CONFIDENTIAL 22
• Demographics dashboard
• Improved demographics data, including visits by visitor age and gender, behavioral targeting category, and Yahoo! properties visited
Yahoo! Web Analytics: Demographics
YAHOO! CONFIDENTIAL 23
Key Takeaways
• What is your Story?
• Get your marbles in a row… go back to basics.
• Manage your real estate
• Call the Cart the Cart
• Contact and trust elements above the fold
• Get personal… don’t hide behind the internet
• Clean checkout process
• Brand continuity
• Understand the metrics that are important
– Conversion rates
– Bounce rates
– Who are your customers?
YAHOO! CONFIDENTIAL 24
Questions?