1. SalesView:

MarketingSherpa released its 2009 eCommerce Benchmark Survey and reminds us that we should be gearing up for what is projected to be an improved holiday season: up 9% over 2008.  Nearly 1,500 eCommerce marketers rated tactics for improving website conversions.

1.  Perpetual shopping carts

These take many different forms:  from a simple note that there’s a product sitting in the cart to dynamic overlays showing images of the product, price, and estimated shipping costs.  The perpetual shopping cart keeps the purchase in the mind of the customer; that psychological anchor helps guide them back to the purchase.

2.  Website search

Consumer research suggests that almost 50% of shoppers prefer internal search over traditional menu options.  This number naturally rises when they have a specific product or brand in mind. 

The first priority is to test your internal search regularly to ensure that it works effectively. Second, examine the different business factors that can be used to optimize internal search results.  Some marketers use a ‘last in-first out’ method to move inventory, while others use their analytics and database systems to sort products by profit margin.  The choices are as broad as your technology and creativity.

3.  Enhanced display

Consumers are enthusiastic about getting multiple, varied photos of a product.   People want to know as much as they can about a product, and even static images can help.  Showing videos how to use products or explaining complex features can bring products to life for the user.

Definition 6 is an Atlanta ad agency and has extensive experience in building and designing eCommerce websites.  We can improve your Search Engine Optimization.  We are experts in Google Search technology and can implement search at your site.  We can also help you with your interactive advertising campaigns and targeted email marketing.  Do you need a mobile advertising strategy?  We can help!

1. Choose a good handle
2. Select an account name wisely
3. Make your bio count
4. Spread the word
5. Remember your URL
6. Select the initial characters of each tweet carefully (the first 42 or so become your title tag)
7. Create keyword-rich tweets when possible
8. Optimize for RT (aka retweetability)
9. Shorten those links (and track them)
10. Cut the fat - take the reader to the information they want, don't make them search for it after clicking your link

Lori Willard, Online Media Specialist here at Def 6, passed along a MediaPost Research Brief that shows that reduced advertising during a recession negatively impacts consumer perception.

According to a new Ad-ology Research study, "Advertising's Impact in a Soft Economy," more than 48% of U.S. adults believe that a lack of advertising by a retail store, bank or auto dealership during a recession indicates the business must be struggling.

Conversly, a vast majority perceives businesses that continue to advertise as being competitive or committed to doing business.
 
Other key findings include:

• 40% of consumers use coupons more now than a year ago

• Most consumers are as willing or more willing to pay more for ‘healthy' or ‘organic' products than they were a year ago

• A ‘deeply discounted price' was the number one factor that would make consumers more likely to purchase a big-ticket item (+$1,000)

• Store websites ranked second only to search engines as the way consumers research products and shop online

Ad-ology summarizes the research by saying:  “It is critical to advertise in the current economic climate, to maintain long-term positive consumer perception of your brand.  Advertising not only assures consumers of a business’ reliability in a soft economy, but it can influence where and what they buy, especially when the ads address concerns about value.”

Definition 6 offers strategy consulting services to help you with your advertising initiatives for the following disciplines: email, SEO, SEM, online media, social media, and mobile.  Don't let your advertising negatively impact consumer perception.

In 2009, more data will be generated by individuals than in the entire previous history of mankind.  

Andreas Weigend explains how/why at http://blogs.harvardbusiness.org/now-new-next/2009/05/the-social-data-revolution.html.  There have been two “data revolutions” in the way consumer data is solicited and collected.

Initially, successful companies gained power by collecting, aggregating, and analyzing the customer data they collected.  But, most companies didn’t fully utilize all the data collected.

Then, companies like Amazon.com realized that users often trusted recommendations by other users more than promotional materials.  Users started to actively contribute explicit data, such as, information about themselves, their friends, or about the items they purchased.  Amazon leveraged this new knowledge to help customers with their purchasing decisions.


Successful firms encourage and reward users who contribute honest data.  Netflix allows users to contribute ratings for movies that they have seen; the incentive to contribute accurate data is to get better recommendations for new movies.  Customers are starting to interact with each other. Knowing that they are not alone has shifted the balance of power from companies back to consumers.


Why spend time on hold with a customer service representative if we can just Google see if someone else has already solved the same problem?  An online user community was likely to be more helpful than a representative employed by the company.


Bottom line:  The online world is beginning to be ruled by the expectations of the users.  Companies that want to stay relevant have no choice but to accept the ideas of the consumer revolution as swiftly as possible and address the higher expectations for customer relationships.

Definition 6 is an interactive media agency that creates marketing initiatives that engage people.  We capture and analyze relevant metrics from web analytics, email marketing, online media, and social media campaigns to continue to test and refine marketing plans.  We’d like to help you meet the challenge of addressing the new expectations of consumers.

In my continuing research into marketing to the Hispanic consumer, I'm finding great articles from MediaPost that provide good information on why and how to reach this particular audience.  So here is an article by Joseph Kutchera (Why Does Google Send U.S. Hispanics To Foreign Web Sites?) that talks about what Google is doing with search results for the Spanish speaking community and how you can apply similar ideas to your marketing campaigns.

The first thing he points out is that if you search in Google using Spanish words, 50% or more of your responses are going to be for sites outside of the U.S. borders.  So why does this happen and why do marketers miss this target audience?  Kutchera provides the answer.  "Google and other search engines index sites globally while we marketers, agencies and media sellers work within the economic and political borders of the U.S."  When people search using Spanish words and terms, Google is going to return sites that have Spanish content on them.  Does your website have Spanish content?  If you do, you may still be missing out on this audience for a few different reasons.  Kutchera points out the following.  1) Your Spanish site may not be optimized for Search Engine Optimization (SEO) like your English site.  2) Many Spanish speaking Hispanics like to go to sites of their country of origin. 3) Spanish language markets are more likely to spend time on their content, making it more relevant than someone from an English language market who is updating a Spanish language website. 4) U.S. advertisers have been slow to move budgets toward online marketing and therefore not providing the resources necessary to provide the content that is necessary.

So what can you do to reach the Hispanic population:

- Purchase non-U.S. targeted inventory on your search buys along with your U.S. targeted inventory.
- Reach out to Hispanic country-of-origin web sites through ad networks.
- Apply behavioral, contextual, and language targeting to further segment and understand your Hispanic audience.

As a Senior Consultant at Definition 6, an interactive marketing agency with expertise in Web Search Engine Optimization and Search Marketing Consulting, I'm seeing lots of evidence for companies to shift some marketing dollars to specifically target Hispanics in the U.S.  This growing population is getting online at a very fast pace.  There are millions and millions of them out there that could be buying your products or services if they could find you.  Are you willing to let them go to your competitors?  We can help you target them.  We can help you get ahead of the curve.
 

A client sent me two articles to react to about online advertising.  The title that I chose for this posting states my position:  I'm not sure why people think that advertising alone should support a website.

The first article is from The Economist and is entitled The demise of a popular but unsustainable business model for the Internet now seems inevitable.  This is one of the best articles I've read that explains the reality of Internet business models, whether realistic or not.  Read the entire article at www.economist.com/opinion/displaystory.cfm?story_id=13326158.

Great explanation of the dotcom crash…
Firms sprang up to offer content and services online, in the hope that they would eventually be able to “monetise” the resulting millions of “eyeballs” by selling advertising. Things did not work out that way, though, and the result was the dotcom crash.

…and of the Web 2.0 bubble…
Google’s ability to place small, targeted text advertisements next to Internet-search results, and on other websites, meant that many of the business models thought to have been killed by the dotcom bust now rose from the grave.

….and economical realities.
The idea that you can give things away online, and hope that advertising revenue will somehow materialize later on, undoubtedly appeals to users, who enjoy free services as a result.  Ultimately, though, every business needs revenues—and advertising is not going to provide enough.

The second article is a provocative one entitled Why Advertising Is Failing On The Internet and states that advertising cannot fully support the Internet.  Read it at www.techcrunch.com/2009/03/22/why-advertising-is-failing-on-the-internet/.

Websites need to sell real products, services, information or 'access' to information like TripAdvisor.com.  Or, offer an 'experience' like LinkedIn, Facebook, YouTube, or World of Warcraft.

It's true that most people don't trust ads, online or offline.  They don't 'want' them or 'need' them.  The Internet allows users to get information from a variety of sources and from sources they trust.

But, no company expecting to maintain market share in today's economic environment is going to say "Stop telling potential customers about us." 

Organic search, paid search and display banners can increase awareness and conversions even in today's climate.  Display banner advertising works because it reaches users where they are on the Internet.  You don't advertise just with your name on the building.  You advertise in high traffic areas, too.

How does Definition 6 ensure that online advertising succeeds for our clients?   First, we're big into collaborative strategy.  How can you differentiate yourself?  How can we build synergy with your other initiatives?  Who should you target with banners?  What should the messaging be?

Bottom line:  Appropriate targeting and messaging still works online.  We go beyond traditional banners; we use rich media to make the experience engaging and interactive.

There is a great report out by the 4 A's "Understanding the Economics of Digital Compared to Traditional Advertising and Media Services" By Joe Burton - it explains in great detail why Interactive Ad Agencies charge what they do for our services. It highlighted the importance of understanding the labor costs that go into SEO, Web Site Development, eMail Marketing, Video Advertising and Social Media Marketing and how the critical talent is scare to do the job well.

One key point was that in Traditional Advertising, media equals 73% of all spending with your agency partner but with an Interactive Media Agency you should expect 52% to be media and 45% to be agency services fees. This is critical when doing channel shifting from one medium to another.

So it is very important if you are going to make the move from direct mail to eMail or from broadcast to display media or PR to social media that you understand the costs and the ROI before jumping into the fray.  But the rewards are worth the effort.

I came across a Mediapost article that I found very interesting because as a technical project manager at an online agency, I work with several clients that do market to the Spanish speaking community. It shows that most US Hispanics who prefer to speak Spanish are using a lot of websites outside of the US.  In fact, 7 of the top 10 are websites in Spain, Mexico and Columbia.  So companies that need to reach out to Hispanics need to find ways to advertise on these non-US websites in order to bring those customers back to their US websites.

Here are a few key points I got from this article:

1.US Hispanics who prefer Spanish prefer to read Spanish sites and most of them go to websites outside of the US to get the content they want.

2.To reach US Hispanic consumers, companies need to run their media and advertising on non-US Spanish websites.

3. US Spanish speaking consumers use non-US sites more than the major Spanish portals in the US, such as Yahoo! En Espanol, Univision, Telemundo and AOL Latino.

In addition to builing multilingual websites, Definition 6 is an interactive ad agency who helps clients strategize on how to best market to different segments, which can include cultural, regional or age groups.