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An Arm & A Leg for eCommerce?
As a site designer myself, I realize how much time and effort goes into registering, setting up, and designing a site; not to mention the creation of content and seamless navigation. But it is unbelievable how complicated and expensive this process...
eCommerce and other strange animals
eCommerce, Ecommerce, e-commerce; however you spell it, the term is now firmly lodged in our language. So just what is it? At it's most simplistic level; eCommerce is simply the buying and selling of goods, services or information via the World...
Ecommerce Solution For The Big And Small Business
Do you have a business? Were you told you needed an ecommerce solution to help your business? Do you need to know how and where to get an ecommerce solution? Perhaps you are not even sure what an ecommerce solution is. For those of you who have...
Getting Started in ECommerce - Part One
In 2004, Enquiro.com conducted a study of the search behaviors of men vs. women. They found that women spend more time in their searches and at specific sites. The study also revealed that women tend to be more deliberate in reading search results,...
The No 1 Ecommerce Solution Tip For You
The number one ecommerce solution you need to be a success on the Web is learning to write for the internet. You will be able to capture your visitors attention and hold it, otherwise it's click and off to another site.
You need to be able to put...
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How To Achieve ECommerce Success – You GOTTA Plan!
Before becoming a netpreneaur, I was an entrepreneur. First, I owned a successful child care center which grew to capacity in less than two years. When I sold that, I bought a little flower shop that had less than 300 customers and grew it to what it is today, one of the most successful, award winning companies in South Florida with more than 7,000 customers who purchase from us on a regular business. To better serve our customers, we took our business to the Internet. We still have a brick and mortar storefront, yet everyday we receive more and more customers via the Internet.
How about you? Do you or did you have a traditional business or professional practice? Is it successful? Unless you were born under the star called “LUCKY,” you probably did lots of planning. A business plan, a marketing plan, maybe even a succession plan for what to do with your business when you were through.
You may have heard the statistics that half of all small businesses fail in their first year and of those, only 25% make it through to five years. According to youngbiz.com it can be even less for e-businesses.
Build it and they will come! Not! You can have a terrific site, with lots of bells and whistles and if people don’t know you exist, you never get any visitors, let alone customers.
Planning is the key to success in business. Amazon.com had a plan, Bill Gates had a plan, eDiets had a plan, and I’ll bet they still do. Once a business launches on the net, you will need a marketing plan to be successful. Your biggest challenge will be to find time to plan. However, if you don’t find time now, you will find yourself with plenty of it (time, that is) later on, and no business to speak of.
Unlike a business, generally created to get financial backing from investors, Netpreneurs create marketing plans for themselves. Where do you start? First you have to ask yourself these questions. Where do you want to be in 1 year, 5 years, 10 years? How many customers do you want or better yet, how much money do you want to make? Who are your customers? Do you know what they want, need and expect? Can you give it to them? What are your competitors doing? What are you doing that is different? How will you promote your business?
Now Create your Website marketing plan.
Put it in writing! Not only do you have to plan, you have to write it down! Take a notebook or idea book and write the following: your vision, mission strategies, goals and the time frame you wish to accomplish these goals. Keep this notebook next to your computer to refer to. It will help you stay focused.
What is your vision for your business? Your vision is what you want your web site to accomplish. Write your vision statement in your notebook. The vision statement for my flower shop is to “Make a reasonable profit via the Internet by providing a quality product, delivering exceptional service, at a price my customers will pay.”
What are your goals? What do you believe you can accomplish that may be a bit of a stretch but doable? If the goals are too easy, you are not getting the most out of your planning
process. And you could be losing money. Can make a profit of 20% in 3 months? Can double your customer base in 6 months? If so, write it in your notebook.
What steps do you need to take to achieve your goals? How much do you have to sell to achieve your goals? You must first know your profit margin to determine this figure. Then you have to figure out how you are going to find the customers to make your goals come true.
What are your marketing strategies? Start with those goals you know you can attain. How will you reach your market? Are you going to use search engine optimization, email, newsletters, networking, advertising on related sites, advertising in trade magazines, or write an article to submit to online publications? Participate in online forums, message boards and newsgroups. Include your URL (Internet address) in your signature file.
What is the time-frame for accomplishing your goals? Create a time-line for every goal in your notebook. Next to each goal, write down the starting and ending dates of when you plan to accomplish that goal as well as what type of marketing strategies you are using.
Are you keeping track of your marketing results? If you are doing any advertising whether it is online or offline, track the results. You can track online advertising using ad tracking software such as adtrackz.com, to track all the links you place online. Analyze web site statistics to find out how visits found you. For offline advertising, place codes or words in your advertising to keep track. Your online order forms should have a place to enter the code. To learn how customers found us, we use a numeric code on all advertising/marketing materials.
What is your return on investment? How much money did the marketing strategy cost? How much money did you take in? Subtract the second figure from the first and that is your profit (or loss).
Keep track of those marketing campaigns that worked and those that didn’t. Do more of the first. Reevaluate the second. Can you change one thing in the strategy and achieve different results? Try it! Add new strategies to the mix.
Stay focused on your goals. Nothing feels better than accomplishing a goal. Except maybe, all the money you are going to make when you do!
Excerpted from The PMS Principles - Powerful Marketing Strategies to Grow Your Business © 2005 - Heidi Richards
About the Author: Heidi Richards is the author of The PMS Principles, Powerful Marketing Strategies to Grow Your Business and 7 other books. She is also the Founder & CEO of the Women’s ECommerce Association, International www.WECAI.org (pronounced wee-k+) – an Internet organization that “Helps Women Do Business on the WEB.” Basic Membership is FREE. Ms. Richards can be reached at www.HeidiRichards.com.
Source: www.isnare.com
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E-Commerce Times: Because E-Business Means Business |
Everything you need to know about doing business on the Internet. Information for C-Level executives and small-to-mid-sized business managers. |
www.ecommercetimes.com |
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ECommerce-Guide to News, Reviews and Technology Solutions |
ECommerce-Guide provides ecommerce business owners with e-commerce news, hardware and software reviews and tutorials, technology solutions and information ... |
www.ecommerce-guide.com |
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Electronic commerce - Wikipedia, the free encyclopedia |
Electronic commerce (also referred to as EC, e-commerce or ecommerce) ... Even in product categories suitable for e-commerce, electronic shopping has ... |
en.wikipedia.org |
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E-Commerce News for IT Managers |
Daily e-commerce news for managers of business covering marketing, transaction processing, security, retailing and service delivered over the Web. |
www.internetnews.com |
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New Zealand Government E-Commerce |
Resource containing information on electronic commerce, including law, trade, tax, privacy, consumer protection, and help for businesses. |
www.ecommerce.govt.nz |
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eCommerce Guidebook for web hosting |
The eCommerce Guidebook provides many resources, including a directory of online transaction providers, a tutorial, and many other resources. |
www.online-commerce.com |
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ClickZ Internet Marketing Solutions for Marketers |
Includes columns with commentary and analysis on a wide variety of internet marketing subjects ranging from B2B marketing to search engine marketing. |
www.clickz.com |
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Shopping cart software for Dreamweaver, Frontpage, CSS ecommerce ... |
Shopping cart software integrated into Frontpage, Dreamweaver, CSS and Golive ecommerce software templates. |
www.ecommercetemplates.com |
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E-Commerce & the Internet |
Information from the FTC on E-commerce and the Internet. Includes anti-fraud tips. |
www.ftc.gov |
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Economy & Work: eBusiness | Europa - Information Society |
The e-business concept goes well beyond e-commerce (buying and selling ... A pilot study on E-commerce and the Internet in European businesses (2002) was ... |
ec.europa.eu |
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Online Business |
If your e-commerce site currently accepts online payments, and is really, really, ... They are looking for entries from ugly e-commerce sites to win a new ... |
onlinebusiness.about.com |
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eCommerce Info Center- ONE-STOP for eCommerce info, services ... |
eCommerce Info Center, created and maintained by Slim Baltagi, will make it easier and faster for you to find out relevant eCommerce information, ... |
www.ecominfocenter.com |
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eCommerce Innovation Centre |
Practical resources for small business involved in or considering eCommerce implemetations. Expert Advice and Assistance. |
www.ecommerce.ac.uk |
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Web Marketing Today -- E-Commerce, E-Mail, Internet Marketing, and ... |
Articles, tips and advice on e-commerce and effective Internet marketing strategies. |
www.wilsonweb.com |
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Web Marketing Today Research Room for E-Commerce |
The largest collection of annotated links to web marketing and ecommerce articles and resources to be found at any single place on the planet. |
www.wilsonweb.com |
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The 2005 E-commerce Awards - Welcome |
The UK national E-commerce awards organised by the DTI and Interforum. |
www.ecommerce-awards.co.uk |
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Mal's e-commerce |
Mal's e-commerce ... Customize the look and feel of your store; No scripts or applications to install; Build as large an e-commerce site as you want ... |
www.mals-e.com |
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Howstuffworks "How E-commerce Works" |
E-commerce has exploded in the last 10 years. Find out how e-commerce works and how you can harness the potential of e-commerce, from affiliate programs to ... |
www.howstuffworks.com |
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Ecommerce Guide - Terms You Need to Know to Do Business on the ... |
An online computer dictionary and internet search engine for internet terms and techincal support. |
e-comm.webopedia.com |
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Shopping Cart Software Ecommerce Solutions |
Ecommerce solutions by Volusion will take your business to new heights. Volusion offers the best prices in the industry for a complete ecommerce web ... |
www.volusion.com |
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