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5 Steps To Successful Joint Ventures
Most Internet Marketing related ezines have carried at least one article on Joint Ventures; probably many.
JV's are THE MOST preferred and fastest way to increase sales and cash flows.
It's no longer a secret!
Everyone knows a good...
How To Cheaply and Powerfully Reposition Your Online Business
Copyright © 2005 by Bruce Carlson
It goes without saying that all of us would like better response
and conversion numbers from our websites. This is an ongoing
dilemma which, unfortunately for many of us, remains a dilemma.
It's just...
Making Money Online: What You Really Want To Know
So you've been thinking of doing some internet marketing or you've done some and you're not making money yet. What does it really take? Even more importantly, how long does it take and how much does it cost? Isn't that what you really want to...
Starting your own Ezine or Newsletter
Starting your own ezine or newsletter will be the very backbone of your business! Getting it started on the "right foot" is very important! Take it from me I struggled to understand this and use it when I first started out! You want to present...
Unique Internet Marketing Stands Out From The Crowd
Several years ago, I went whale watching in Bar Harbor, Maine, while on vacation. I remained in the large, central cabin with my poor seasick infant son when a whale was finally spotted. The Captain announced, "Whale to the starboard", and a...
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Merchandising on the Web and Off
Now that I have several new products coming out in succession, I've been
thinking a lot about how best to feature them at my Web site. My thoughts
have turned to how supermarkets and department stores highlight certain
products, and I've found useful analogies between catching the attention of
a customer wheeling a cart up and down the aisles and a shopper on the Web.
Here are some merchandising techniques you'll find in bricks-and- mortars
stores and their counterparts on the Web:
1. New products. In stores, these often smack you in the eye when you first
walk in. On the Web, popular sites feature new products in a prominent spot
on the home page.
2. Seasonal items. My local supermarket places these at the ends of the
aisles and in a special interior aisle set aside for barbecue supplies in
summer, Halloween candy in fall and rock salt in winter. On the Web, they
often are featured on the home page but not centrally, getting less of a
spotlight than the new products.
3. Combinations of items. In department stores, you'll often see signs
saying, "Buy three for only $25." Amazon.com is currently promoting book
titles in this way, bundling two related titles together for an appealing
discount, making sales of those items jump.
4. Non-traditional combinations. In supermarkets, instead of simply putting
fruit with fruit and condiments with condiments, this involves putting
caramel and piecrusts next to the apples and lemons on top of the fish
counter. On the Web, this seems feasible at sites selling more than one
kind of merchandise.
5. Add-ons. In supermarkets and department stores, these are the impulse
items near the checkout counters, and
in shops with personal service, it's
the sales person asking, "Would you like a tie to match?" Again, I haven't
seen this implemented on the Web, but it seems as if it could be programmed
into the shopping process.
6. Customer mailings. At a lot of stores, you can sign up to get notice by
postcard of upcoming sales. The online counterpart is pretty common, as
with e-mails about cheap flights for the coming weekend.
7. Loyalty programs. Here, a department store promises 10 percent off today
if you sign up for our store charge card. A supermarket offers a free
Thanksgiving turkey if you spend more than $X,000 all year. Bonuses for
buying frequently work well online too, because they can easily be
automated.
8. Ads. You'll often see inserts in the local paper announcing the week's
specials at supermarkets. Online, the equivalent would be banner ads or ads
in ezines announcing promotional prices for a limited time.
David Weltman of Future Now puts it this way: "Merchandising is making sure
awareness of your product or service breaks the preoccupation of your
shopper and becomes part of his or her buying process." I'd amend that
slightly, because good merchandising doesn't always interrupt the shopper's
absorption. Put the right item in the right place in your store or Web site
and it smoothly becomes part of the shopper's experience. Ka-CHING!
About the Author
Marcia Yudkin is the author of Poor Richard's Web Site
Marketing Makeover and 10 other books. Her site review service tells you
what, if anything, you need to change at your site to turn visitors into
customers and clients. Details: http://www.yudkin.com/sitereview.htm
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