Archive for November 20th, 2009

Ecommerce Jargon For First-time Web Store Owners

Friday, November 20th, 2009

There are lots of shopping cart software providers out there (3d shopping cart, Agora shopping cart software, to name a few). But whether you are using a low cost shopping cart solution or one that costs a bomb (or an even better alternative: you’re getting InstanteStore), a newbie online merchant might get lost in all the ecommerce jargon strewn across cyberspace. It may appear that everyday new terms are being coined. Some terms stay on but many more are forgotten just as easily as the were coined. Here are 5 terms which have been here been with us for a while.

SEO

Search Engine Optimization or SEO is a way of driving quality traffic to a site without any financial outlay. This natural or organic method requires tweaking the site’s content, coding and HTML (Hyper Text Markup Language) to raise its relevance to particular keywords and make it easier for search engines to index and subsequently raising the site’s visibility on a search engine’s result’s page (SERP).

SEM

Search Engine Marketing or SEM is a way of promoting a site via the use of paid placements or paid inclusion. This form of internet marketing can raise your visibility in SERP’s much faster then SEO alone, but at a cost of course. Before engaging in an SEM program, make sure you carry out a viability study. Ensure the returns can justify the investment before you go out and spend your hard earned cash.

Hard Goods And Soft Goods

An online store may sell quite a number of goods that are generally divided into 2 categories – hard goods and soft goods. Hard goods are tangible items like books and MP3 players. Soft goods are products that exist electronically like MP3’s, software and ebooks – items that can be downloaded. The good thing about soft goods is that you need not worry about packaging, shipping and inventory space. Virtually every process involved in the sale and delivery of soft goods may be completedinternet store but do not plan to increase their manpower.

Internet Merchant Account

An internet merchant account helps the receiving of online payments, generally by credit card. If you have problems getting an internet merchant account, you can consider the services of a merchant broker. A merchant broker would then charge a setup fee and provide the software and hardware necessary either by lease or sale, as required.

Conversion Rate

Conversion rate has nothing to do with religion. Instead it pertains to the percentage of visitors to an online store who are converted into buyers. Conversions do not happen automatically and depend on a few factors to help capture a visitor to buy from a certain store. The clever use of images, content and call to action phrases all play a part in this process of conversion. All content should be concise and to the point. As a matter of fact, everything on a web store should be geared to convert traffic, whether directly of indirectly. Web pages should be clear from clutter and all elements that might distract a visitor for the actual converting into a customer.

So before you sign up for a feature-rich yet cheap shopping cart solution like InstanteStore, ensure you brush up on your ecommerce jargon.

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Storefront Shopping Carts Product Ideas

Friday, November 20th, 2009

Before you choose to get a web hosting shopping cart merchant account and sign up for a shopping carts service, you must first ascertain what to sell.

But what should you sell? A relatively fast search of best-selling items on the net will distinguish you that airline tickets, books, CDs and DVDs have been some of the great selling items for years. A little more studies will also tell you that there’s no point going down that road as certain prominent names have already got those products completely covered.

Thus, best-selling items aren’t usually the best items to offer. What then are the aspects that one needs to consider before deciding on what to sell?

Demand

Of course, products are easier to sell if there is a demand for them. You should always try to merchandise products that are repeatedly in demand.

Consumables are your best bet. The shorter the lifespan of a product, the more common the purchase. But of course, the products that you choose should have a perfect lifespan. As a matter of fact, selling a product with a better lifespan than the ones your competitors are promoting could give you an edge.

If you already have a store selling sports products, for example, you could jump on the fad bandwagon once a while. You could look into Serena Williams’ latest trendy-looking tennis kicks or the jersey of a famous player who has just switched clubs. Demand for fad products doesn’t last long so you need to have a good eye for them and sell them while they’re still hot. It would not be advisable to only sell fad products on an online store as it isn’t a very viable long-term venture, unless of course you are considering to make a speedy profit.

Product suggestions: Health and Beauty (i.e skincare), weight-loss) products.

Niche

All you need is a proficient storefront shopping cart and a good marketing strategy to get the ball rolling.

Products like line dancing shoes are a niche product with a global demand. And the best thing is that these shoes don’t last forever. The more you utilize them, the faster they wear out. So if your service is wonderful and so is your product, you should be able to get repeat orders.

You don’t have to look far to get inspiration on what to sell. Look around you. If you spot something, ask yourself if you would consider that item yourself. Look at the products that you use. Go to specific places like gyms to find out which products fitness freaks use, wear or consume. Tag along on fishing trips and observe the stuff that avid game fishermen use.

In some cases one particular item can open opportunities to other items and thus, a whole new avenue for revenue. For instance, a person who buys nicotine gum or patches would probably be interested in improving his health and outlook as well. You could cross-sell products example whitening toothpaste specially formulated to get rid of cigarette stains, running shoes and other related exercise gear.

Product suggestions: Hair-fall control cream/shampoo for men and women, non-alcohol based perfumes, ‘green’ toys/puzzles and hypoallergenic products.

Margins

Electronic products like cameras and mp3 players are all the rage. However, the profit margins are pretty low. You would have to move a ton of these products to get a perfect amount of profit.

Again, try exploring at the niche market for a specific kind of product. Let’s take cameras for example. Not all cameras are long-lasting. How about targeting adventurers for this specific product? You could market durable underwater casings, monopods, point-and-shoots, longer-lasting batteries and other camera gear an adventurer would need. Keep in mind, not all who purchase these products are adventurers. A relatively large number of just like the association.

Obviously, do not get carried away by over-charging just to raise margins. Do a bit of competitor studies before you nail down your pricing. Online customers can be very fickle and a difference of just a few dollars could cost you a sale or worse, a customer. Try to market products that have high perceived commercial value.

Product pointers: Weight-loss and beauty products.

Now that you have an idea of how to go about deciding what products to market, you can finally put that storefront shopping cart to good use.

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Beauty and Makeup for Women 5 Great Tips

Friday, November 20th, 2009

It is a fact that most women find beauty and makeup an important part of their daily lives. Most women are always on the look out for some good tips and products to enhance their beauty regimens. Makeup is one of those products that will always be popular, and allows any woman to reinvent herself.

There are many choices these days in makeup products, MAC makeup continues to be a leader, and here is a great place to get super discounts for all your MAC makeup needs.

Using makeup properly is an important and on going learning experience.

5 Best Beauty Tips

1. Exfoliating – A good skin exfoliant is necessity for any woman. It has the amazing quality of instantly making anyone’s skin look younger, fresher, smoother and brighter. The best way to use it is right before applying makeup. It yields fresher and younger skin, which in turn makes the makeup look more radiant, cleaner and fantastic.

2. Doctor Prescribed Retinoids – Talk you to your doctor about a Retinoid prescription. Prescription Retinoids are fabulous and very effective wrinkle reducers.

3. Lip Balm – Women often neglect the lips in their beauty routines. A good lip balm can go a long way to smoothing and softening the lips. This helps lipstick to look better and provides for wonderfully lips.

4. Moisturize, Moisturize and Moisturize – Moisturizing properly is at the core of good skin care. Mosturizer is the one skin care product where you want to get quality and lots of it. It is best used at least twice a day as part of facial cleaning routine and always under makeup. Check out The Best 5 Anti Aging Creams and Products Guide these can really help to make the skin look younger.

5. Disguising Imperfections – If you have a double chin, you can use a bronzing powder to define a better line. If you want to hide fine lines around the eyes never use shimmer eyeshadow, use matte instead.

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Ecommerce Jargon For New Online Merchants

Friday, November 20th, 2009

There are lots of shopping cart software providers out there (3d shopping cart software, Agora shopping cart software, to name a few). But whether you are using a low cost shopping cart solution or one that costs a bomb (or greater alternative: you’re getting InstanteStore), a newbie online merchant might get lost in all the ecommerce jargon strewn across cyberspace. It may appear that everyday new terms are being invented. Some terms stay on but many more are dismissed just as easily as the were conjured. Here are 5 terms which have been here been with us for a while.

SEO

Search Engine Optimization or SEO is a method of driving quality traffic to a site without any financial outlay. This natural or organic method requires tweaking the site’s content, coding and HTML (Hyper Text Markup Language) to raise its relevance to particular keywords and make it easier for search engines to index and subsequently increasing the site’s visibility on a search engine’s result’s page (SERP).

SEM

Search Engine Marketing or SEM is a method of promoting a site via the use of paid placements or paid inclusion. This form of internet marketing can raise your visibility in SERP’s much faster then SEO alone, but at a cost of course. Before engaging in an SEM program, make sure you carry out a viability study. Ensure the returns can justify the investment before you go out and spend your hard earned cash.

Hard Goods And Soft Goods

An online store may sell quite a number of goods that are generally divided into 2 categories – hard goods and soft goods. Hard goods are tangible items like books and MP3 players. Soft goods are products that exist electronically like MP3’s, software and ebooks – items that can be downloaded. The standout thing about soft goods is that you need not fret about packaging, shipping and storage. Practically every process involved in the sale and delivery of soft goods can be completedonline store but do not intend to increase their manpower.

Internet Merchant Account

An internet merchant account assists the receiving of online payments, generally by credit card. If you have difficulties getting an internet merchant account, you can consider the services of a merchant broker. A merchant broker would then charge a setup fee and provide the software and hardware necessary either by lease or sale, as necessary.

Conversion Rate

Conversion rate has nothing to do with religion. As an alternative it pertains to the percentage of visitors to an online store who are converted into buyers. Conversions do not happen automatically and depend on a few factors to help capture a visitor to buy from a certain store. The clever use of images, content and call to action phrases all play a part in this process of conversion. All content should be concise and to the point. As a matter of fact, everything on a internet store should be geared to convert traffic, whether directly of indirectly. Web pages should be clear from clutter and all elements that could distract a visitor for the actual converting into a customer.

So before you sign up for a feature-rich yet cheap shopping cart solution like InstanteStore, make sure you brush up on your ecommerce jargon.

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Cross-sell Your Products Or Services To Better Profit

Friday, November 20th, 2009

Cross-selling is a marvelous way to elevate sales without much hassle. Amazon has been credited as the innovator in Internet cross-selling and because of their (big amount) investment in this sales technique, the rest of the Ecommerce world has discovered a winning way to boost sales and that’s what top website ecommerce hosting shopping carts are offering cross-selling feature as well.

It’s definitely come to a good results for them, so why shouldn’t it work for you??

Sales information:

* Repeat customers spend 30% more on average than new ones.Repeated customers will spend about 30% more on average than new ones.
* Merchants report that referrals among repeat customers are in excess of 100% more than non-customers.
* Studies have highlighted that it can cost up to 6-10 times more to market something to a prospect than to sell that same thing to an existing customer.
* Up to 65% of a company’s dealing comes from current customers.

That’s perfect, but how do you go about taking advantage of the ability of cross-selling?

A lot of secure ecommerce shopping cart solutions offer cross-selling features. At InstanteStore, this feature can be in affect at the Feature Activation page (it’s under the Manage Your Store heading on the Admin Control Panel). There you can pick to either manually or automatically select products to cross-sell.

The manual selection process demands appointing specific products to cross-sell, providing you to modify the products that will be shown as cross-sell products. Such as, you can cross-sell particular bicycle helmets that would go best with particular bicycles.

The automatic choice process will automatically group products that are purchased together by customers at your store as cross-sell items. This is particularly helpful if your store features products or services that customers usually tend to buy in bundles.

Cross-sell items are noticeable stated at the product page as well as on the shopping cart. This gives customers the chances to effortlessly add products that they may find wonderful to their shopping carts.

Cross-selling tips:

* Cross-sell products that are obviously related. For instance, if your customer just obtained a bicycle, you could propose lamps, mobile pumps and carriers.
* Timing is pivotal. The InstanteStore shopping cart application features a cross-sell on final payment page option that will reveal cross-sell items at exclusive prices on the final payment/thank you page after a customer has just completed an order. Research shows that customers who’ve just bought something are probably in the mood to spend even more, so giving customers who’ve just bought something related products at a discount is a reliable way to fully capitalize on their purchasing momentum.
* Try introducing a mix of product prices. You don’t constantly have to always cross-sell only low-priced products. Low-priced products are excellent for urge buys but products that meet customers’ needs head-on can go for higher prices.

If you are using a top website ecommerce hosting shopping carts like InstanteStore, then you should make great use of the tools that are obtainable. The cross-selling feature has turn out extremely useful for many merchants over the years. If you already have a most prominent customer base and want to raise your sales figures, this element is certainly something you should try.

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