iSnare.com - Free Content Articles Directory
Authors Contents [Advanced Search][Add OpenSearch][Job Search]
Distribute your articles to thousands of article sites for only $2 and below! Read more...

Index  Marketing
 

Avoid Being A Dot-bomb

 
[ Contact the Author] [ Send to a Friend] [ Article Publisher] [Make PDF] [ Print] [ Bookmark & Share]
 
Read our Terms of Service before reprinting this article. The submitter specified above has claimed the rights to this article.
Mark Walters

There is very little difference between a dot com success and a dot-bomb is a mixture of several elements taught in grade 9 business courses. Most of the reasons e-commerce businesses fail are amazingly obvious, and commonly overlooked. Of course, hindsight is 20/20.

The first step, and the defining factor for many businesses is, how do we define "e-commerce success"?

There are some common answers:

- The website needs to make a profit

- The business needs to meet the owner's income – passive income – goals

- Who will pay for the product or service?

- Why didn't the visitor buy the product or service from another website?

The last two factors are vital to any e-commerce business success. Not everyone who visits a website want to buy the product. However, thousands of people who never find the website want to buy the product. The key is to find out how those people search the web, what forums they participate in, what newsletters they belong to, where they have their 'private space', and how can you meet their needs.

Customer Service

The #1 reason why e-commerce businesses fail is because the business owner believes that customer service is not important in an ecommerce business. Nothing is farther from the truth.
Online customers have a choice. They can buy a product from the guy in their forum or who visits their myspace site, or they can buy from a perfect stranger who cannot be contacted.

Customer service in the www world is built on communication. Free chats, answering questions in forums, holding workshops, free information in blogs, newsletters, and even teleconferences are just some of the ways that people come in contact with the web owner.

There is an unwritten rule that 'there are no returns on the net.' That is why communication is so important. Most e-commerce businesses are not about the product, the information, the or the service. It is about the relationship between the business owner and the customer.

That is why sites like www.myspace.com, www.youtube.com , www.communati.com and other large communities are so successful.

Image

Image is part of the customer service. The image shouldn't be condescending or 'I have it all and you need to buy it.' Instead, it should be 'I figured this out and I'll share my information with you.'

The design of the website must look and function with a professional edge. That is why many ecommerce sites are building their sites on mambo.com or Joomla.com platforms, using professional templates. There are other Content Management Systems that help web owners manage their content, forums, blogs, and chat rooms, but these two are the most popular, and easiest for beginners to use.

Target Audience

Most Dot Com utilised the latest technology, built the best websites, and forgot to tell their target audience how to use the site. All sites should have several navigation paths that let users find their way around.

They should also include a FAQ with basic and advanced questions. A full time business could also employ a live chat, or a video tutorial that will help users learn how to use the site. Always include a site map that has direct links to important pages in the site.

The next element should be 'instant' samples. This doesn't need to be a part of the product, but it can be power point presentations. In fact, one strong sale's tool is a MS movie maker slide show of the content in an article, or a power point presentation. This gives extra 'value.' Also, the audio features make it possible to add streaming audio/podcasts to the website adding extra value for the visitor.

However, don't use features that some people do not share. A blatant example of web features that limit users is Javascript and Macromedia Flash. It is also important to make sure the website works in both IE and Firefox. Most of the people in the world do not use Internet Explorer, but instead use Fire Fox.

Payment Gateway

The next factor that needs to be addressed is the payment gateway. Most people are afraid of entering their credit card information into a website. That is why www.paypal.com and ebay stores are so popular. The webmaster can assure their clients that their information is secure and their money protected.

This is another way that an ecommerce business can put their customer's needs first, and improve customer service, while improving their chances of success.

Customer Power

Ignoring the customer is the number one way to loose future sales. Customers are one of the most powerful marketing tools. Customers tag good websites on technorati and digg. They talk about them in their blogs. They suggest favorite websites and services while chatting with their friends. A happy customer will spread the word ten times faster, and farther, than a $10 000 Pay Per Click campaign.

Learn how to master the skill of web-based customer service. Learn how to make your customers think that your only reason for running a business is to solve their problems. Last, learn to become part of the web community, and you'll protect your business from becoming another dot-bomb.

Important NoticeDISCLAIMER: All information, content, and data in this article are sole opinions and/or findings of the individual user or organization that registered and submitted this article at Isnare.com without any fee. The article is strictly for educational or entertainment purposes only and should not be used in any way, implemented or applied without consultation from a professional. We at Isnare.com do not, in anyway, contribute or include our own findings, facts and opinions in any articles presented in this site. Publishing this article does not constitute Isnare.com's support or sponsorship for this article. Isnare.com is an article publishing service. Please read our Terms of Service for more information.

Mark Walters is a third generation entrepreneur and author. He offers free training and investing videos designed to speed you towards financial independence at http://www.cashflowinstitute.com/videosignup.htm
Article Tags: business [See Dictionary], ecommerce [See Dictionary], product [See Dictionary]
Got a question about this article? Ask the community!
Article published on June 08, 2007 at Isnare.com
 
Rate this article:

Does Your Website Sell Your Product?
Submitted by: Mark Walters

Internet marketing comes down to one thing, the website’s ability to sell a product If this does not remain the focus of a web design then no amount of money will buy the success needed by ecommerce businesses...

What Can A Disaster Teach A Business Manger?
Submitted by: Mark Walters

Every time a crisis hits we learn more about crisis management When the hurricane ravaged New Orleans the country was ripped apart...

Find Content For Your Website
Submitted by: Mark Walters

There are several methods of adding content to a web site The importance of content is often misunderstood...

Basic Internet Marketing Strategy
Submitted by: Mark Walters

There are several solid Internet marketing strategies Most of them are based on community development or selling...

Business Success: Avoiding The Crash
Submitted by: Mark Walters

It is a normal part of the work at home freelancer, or the small business owner It comes without warning...

Danger Signs For Ecommerce And Small Businesses
Submitted by: Mark Walters

Have you ever wished there were red flags to alert you when your business was heading into a slump Maybe you can find a miracle tool that would alert you before wading into uncharted waters where that cause so many small businesses to sink...

Media Marketing
Submitted by: Mark Walters

In the media world, image is everything Today’s graphics hype and promotion gamble, it is hard running a magazine...

How To Build PR5 For Your Site – Free
Submitted by: Mark Walters

Most small ecommerce business owners are in a constant struggle to increase their PR rating It is a time consuming and expensive endeavor...

Good News In The Housing Crash
Submitted by: Mark Walters

It is hard to find anything good to talk about in a housing crash, but when banks start to repossess homes, the auctions offer ample opportunities for investors...

10 Commandments For Investing In Bullion
Submitted by: Mark Walters

There are some ways to protect a stock portfolio, and increase leverage, through investing in bullion, which cannot be found in any other investment...

Work At Home Without Being A Web Genius
Submitted by: Mark Walters

At one time, a website business owner needed a website, understanding of HTML, and time for Internet marketing...

Most Common Internet Business Blunders
Submitted by: Mark Walters

There are ten common mistakes that hold back most internet businesses without the company’s owner being aware they are making a mistake...

Avoid Being Avoided By Google
Submitted by: Mark Walters

Many small business owners are suddenly out of business when Google bans their website There are many reasons why Google does this, but the two most common are ‘black hat’ SEO tricks, and not changing the content...

Creating Multiple Streams Of Income The Right Way
Submitted by: Mark Walters

Most entrepreneurs and solo-preneurs have caught onto the new multiple streams of income trends The objective is sound...

What Control Do Small Business Owners Have Over Cost?
Submitted by: Mark Walters

• Have you priced your product buying from distributors, local manufacturers, wholesalers, foreign and domestic sources, and home based manufacturers...

ESelling: Sellign Your Cars Online in an EMarket
Submitted by: Pete J Ridgard

It has been a very long time since I last went shopping for a car; so long in fact that I have noticed that the whole nature of car shopping has changed irrevocably...

Top Tips on How to Promote and Market Your Own Book
Submitted by: Tony Mandarich

Marketing is often not an author’s area of expertise, but it does not mean an author is incapable of learning how to successfully market a book...

Tips For Marketing Your Restaurant Locally
Submitted by: Adriana Noton

In any city or town across the country, there are a large number of restaurants which can make marketing quite difficult...

How to Successfully Market Your Business Online
Submitted by: Trond Lyngbø

Throughout the ages as technology improved and evolved, new forms of marketing developed The radio made the way for audio ads, jingles, and other catchy forms of advertisement that still are transmitted by radio stations to this day...

From Computer Illiterate To Internet Marketing Affiliate In Less Then 7 Days!!
Submitted by: Michelle Pinto

My husband and I have been working home based businesses for about 7 years We have had various levels of success with different Network Marketing companies (always nutrition based) and definitely believe in earning "residual income"...

Target Market Your Way to the Top of the Online Business Ladder
Submitted by: Erica Njie

Those who target market do very well with their online business If you give your viewers something that they are craving, you have a far greater chance of success...

Telemarketing – Use These Top 6 Tips For Getting Great Results With Every Call
Submitted by: Daljeet Sidhu

The business of telemarketing emerges from a conflict Telemarketers need to make calls to customers despite the fact that these calls are viewed with scorn and derision by a vast majority of people...

The Big Bang Affiliate Marketing Theory - My Theory of Affiliate Marketing
Submitted by: S James

Affiliate marketing has the potential to change people's lives, but some advertising in this area of work is getting the business a bad name...

Promotional Products - Matchbooks
Submitted by: LQ

When many people think of matchbooks, they think of smoking or bars And while it's true that it used to be pretty commonplace to pick up matchbooks from different bars and they were generally on hand for smokers, promotional matchbooks reach far beyond those narrow niches these days...

80 Million Reasons to be an Affiliate Marketer
Submitted by: Ahmet Dagseven

The internet is exploding at an exponential rate according to statistics there are 94 million searches everyday with 85% of the users making a purchase online this is an increase of 40% in the last 2 years with increasing opportunities one of the most popularised forms of income generation is affiliate marketing...

Customer Connections Are the Core of Your Small Business Internet Advertising Strategy
Submitted by: James Belt

Just because you have a small local business doesn't mean you shouldn't be using the Internet to connect with your customers...

Fake Traffic: Do Not Buy Website Traffic Until You Read This Report
Submitted by: Daniel Richmond

Have you ever purchased website traffic and received zero results If so, chances are you were ripped-off by people who sell Fake Traffic...

How to Take Your Niche Market to Google Page One - Helpful Information to Know
Submitted by: Dan Atkins

To begin with, you need to understand that it is going to be rather difficult to take your niche market to Google page one unless you are a well established website owner with a huge marketing budget...

Benefits of a Press Release in Marketing
Submitted by: Scott Lindsay

Picture this Your website has just experienced a significant upgrade and you hope it will benefit existing customers...

Finding Added Value in Online Marketing Strategies
Submitted by: Scott Lindsay

People buy stuff Things they don’t need...

Isnare.com Footer Divider

© 2004-2009. Isnare Free Articles - An Isnare Online Technologies Free Articles Project. All Rights Reserved.   Privacy Policy