Showing posts with label custom ecommerce solution. Show all posts
Showing posts with label custom ecommerce solution. Show all posts

August 20, 2014

How to Make Non-shoppers Shop With eCommerce

Nowadays businesses have classified shoppers into four different categories : the bargain hunter, the researcher, the impulse shopper and the loyal shopper. But then, there's one more important category that businesses tend to ignore. Yes, the non-shopper. These shoppers are said to be low on patience and they tend to dislike shopping anywhere and anytime. They hate digging through the sales rack to find that perfect shirt or pair of pants. 
 
Shop With eCommerce
For such shoppers, there are online subscription retailers like Fancy, Trunk Club and Mantry. These retailers attract the non-shoppers through their monthly subscription programmes. This is how they work: A non-shopper pays a certain amount every month to an online subscription retailer. The retailer on receiving the subscription amount chooses an assortment of products based on customer's profile, and sends it directly to his or her office or house. The non-shopper picks and chooses what's best for him within the given budget. 
 
Such innovative services not only saves customer time but the best part is that non-shoppers get what they want. But to achieve this level of efficiency, the online companies require a robust and capable eCommerce platform that's able to capture and leverage customer records to offer the best tailored shopping experience. 
 
Here’s how they do it.

Solid Customer Profile: 
 
This is a prerequisite that every online subscription retailer should consider. There's a huge responsibility on retailer's shoulder to built trust with customers and gather data about their likes and dislikes. 
 
Order Management:
 
Match customer profiles with supplier inventory levels, lead times, inventory position and financial considerations. Once this is done, come up with a monthly box that's sure to tempt your customers every month and ensure that they stick with their plan of paying the monthly fee. 
 
Packaging and Order Fulfillment
Packaging and Order Fulfillment: 
 
Smart retailers pay extra attention to packaging. It should not look like any plain eCommerce delivery. The box should be printed and branded with an inviting message on it. 
 
Iteration:

Making the customer fill the survey form or profile questionnaire only once in a while is not sufficient. Best of the subscription service companies continually request feedback and additional profile attributes to refine customer profile and use it to stock products that shoppers are counting on.
 
Systems:

Successful on line subscription retailers focus on building scalable and automated systems so as to offer subscribers personalized shopping experience.

To cut the chase, today online retailer can be style experts for their customers by offering customized products. But to carry out this practice efficiently, they should be able to capture the data, store it and act on the information quickly and easily. Non-stoppers are not God, they too can be tempted simply by going the online subscription way.

July 1, 2014

How to Start A Profitable eCommerce Business


Starting an online store is as difficult as starting a brick-and-mortar store. Right from choosing what to sell to how to sell, you have to take 1001 decisions. In this article, we are going to help you do primary homework for your new upcoming eCommerce store.

Profitable eCommerce Business
Choosing a product

The first and foremost step toward building a successful online business is to decide what to sell. If you are having any hobby or you are passionate about a particular product, starting a business around it is a good idea. However, if you don’t have any such passions, you should look for what’s trending and what’s likely to survive for years. Also, while choosing the product, you should consider your financial resources and from where you are going to source it.

Research

The next step is to research your competition. You should know what they are selling, where they are selling and at what price they are selling. If possible, you should also know how they are targeting the customers. If you have this last piece of information, it will become very easy for you to tap into your competitors’ customer base.

Planning

Once you are aware of what you have to sell and how are your competitors selling, you have to plan a strategy. Your business plan should clearly mention from where you are going to source the products, how you are going to target your audience, how you are going to market the products, and so on. Each and every aspect of your business should be spelled out for better execution.

Setting Up

The next step is to register your business. To register your business, you have to find a suitable name. Also, the name you have decided upon should be available because if the domain for that name is unavailable, the name would be useless for you.

After the name is decided, you need to create a logo. The logo should be unique and attractive, and should reflect your business. If you are selling sunglasses, having a logo with sunglasses would make sense.

You will also need to register your business with the concerned authority. If you are registering as a private limited company, it’s better to hire a lawyer. But if you are registering as a sole proprietor, just go to the government office and ask the procedure there.

Building Store

Once you have registered and set up your business legally, it’s time to set the business online too. To build a store, you will need to select design and layout, add product images and descriptions, highlight the special products and offer unique relevant content to the users. If you are selling products directly from the website, you will need to add a payment gateway too.

Search Engine Optimization

After the store is set, you will need to optimize it to attract organic traffic. And to optimize the store, you should know the basics of how search engines work. There’s lot of material available on this topic on the Internet but if you are still confused, it’s better to go for expert services.

Launch

The last step to start an online business is to launch the store, and to launch the store, you will need to advertisement and market the store to let your target audience know that you are open for business. You will need to have a strategy for paid marketing to attain desired footfalls. You can even have marketing campaign.

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