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Do you wonder why the industry average of conversion rates of a customer buying
on web sites is only 2 percent?
Have you tried to purchase anything online from some of the Big Boys? I have
a feeling that it's a game with them to load all the graphics they can and slow
down their sites to be the slowest loading sites on the net. Once you get the
site to load they make it almost impossible and frustrating to try to purchase
from them.
What about the consumer who is ready to buy, if they find the product they
are looking for when they hit the site ? Why do some sites make it so difficult?
You have to get out the magnifying glass to figure out how to purchase, find
the product, and surf thru 6 pages to purchase.
Click==>gone!
Once you do purchase from them on the special that ends at midnight tonight,
for a saving of 10 percent and it doesn't arrive with the other products that
were purchased at the same time, it really gets frustrating to send an email
to customer service and get a reply that the shipping deptarment is looking
into it, and not getting back to you with an answer for two weeks. The kicker
is that the site wasn't updated soon enough to take the out of stock product
off the site before I was lucky enough to purchase it.
I am to the point that if a site does not have a phone number or contact email
I will not purchase from them, period! In the last year there have been a few
problems with products that I have purchased online and trying to straighten
them out with the company has been next to impossible. One of the only ways
to get any satisfaction is to stop payment thru the credit card company that
you purchased the product with.
Granted some folks are to scared to purchase online for fear Their credit card
info will be stolen or sold. These people are going to be a real hard sell and
won't convert until they are ready to do it themselves, and some of these people
may never purchase online.
Look for sites that have Verisign, Icop, Etrust or Paypal on the secure server
pages when you decide it's time to purchase something online.
If you think that I am just blowing off steam your right, but I do believe
there are a lot of people who agree with me. Check out Smart Business Mags article
comparing and testing 20 of the major sites from eToys to Amazon with testers
in the Dec 2000 issue http://www.zdnet.com/smartbusinessmag/stories/all/0,6605,2646457,00.html
Side Note- Last I heard eToys stock price was $.28 a share from a high of $86
early in 2000, and they are looking for a buyer.
The 2 percent Conversion Rate really needs work before the magnificent projected
numbers that Juniper, Forrester and other Advertising watchers are predicting
by 2003 or 2004. Of course with more user-friendly sites, things could change
and the 2 percent could easily double or more if the larger sites take a lesson
from some the smaller ones.
One of the reasons that some of the smaller sites don't convert customers is
trust, they are unknown to the average consumer. This can be overcome by getting
the customer back to your site, by offering something that will bring them back
and stay or stick to your site. One of the best ways to overcome this is to
get their email address when they hit your site, and give them a reason to come
back.
I do have to say that a lot of the smaller or unknown sites really do make
it easy to buy from them when you decide it is time to purchase their product.
The smaller Internet Marketers are blowing the socks off some of the Big Boys
when it comes to Conversion Rates. Their guarantees and customer service really
does stand up to scrutiny when you call them on it. How else would they survive
if they didn't?
Click==> SOLD
http://www.planetfeedback.com/
http://www.epinions.com/
http://www.bizrate.com/
http://www.ecomplaints.com/
About the Author:
Kurt Geer
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