The customer is key — particularly in today’s social commerce environment. Faced with tough economic conditions, increased competition, and more informed and demanding customers, businesses must provide a superior customer experience. According to a Dimensional Research survey, 95% of respondents who have had a negative experience told someone about it or socialised it. Alternatively, 87% who had a good experience neglected to share it with anyone. This means providing a positive customer experience is essential for the success and continuation of your business.
In the Business to Business (B2B) market, actively managing customer relationships is vital. A single customer — or just a few — can significantly impact the success or even the very existence of a business. Forrester research shows that the Internet has changed the way companies do business and many now offer their products as services, instead of physical objects. This has moved businesses away from a capital expenditure-based model to the “subscription” model, thus creating a long-term customer relationship through trust and rapport. Essentially, the economic value of a customer is realised over time, instead of an up-front, one-time transaction.
The subscription economy, also known as ‘the age of the customer,’ has given the customer more control over the companies they chose to engage with for business. Customers that stay loyal to a brand can be more demanding, and if unhappy they can more readily move onto another brand. As a result, actively managing customer relationships to ensure satisfaction has become key to the success of B2B companies, particularly those supporting the e-commerce space.
The Customer Success Management Model is fast becoming the best way to provide customer support. It also ensures a company’s customers are successful with the products and able to realise the economic value from their investments. As a trusted advisor, a Customer Success Manager is dedicated to actively managing and engaging with the customer to help achieve the desired outcome.
Zogby International shows that 83% of people are willing to spend more on a product or service if they feel a personal connection to the company. For many organisations, this connection and personal interaction can be via the Customer Success Manager. One-fifth of adults surveyed said they would spend 50% more on companies that they felt put the customer first. Growth in customer loyalty and spend, increased positive word of mouth and minimal customer churn have all been witnessed as a result of positive customer experiences.
We can see an example of the impact of Customer Success Managers with Omnichannel retailer Super Retail Group, one of Australia’s top 10 specialty retailers with more than 600 stores and annual revenue in excess of $2 billion. The group has operations in Australia, New Zealand and China, and is home to Amart Sports, BCF Boating Camping Fishing, FCO Fishing Camping Outdoors, Ray’s Outdoors, Rebel, and Supercheap Auto. Super Retail Group’s online businesses work closely with Customer Success Managers from SLI Systems to improve their customers’ online shopping experiences and to boost e-commerce sales.
Elizabeth Emery, Group Web & E-Commerce Manager of Super Retail Group explains: “SLI was able to implement their site search solution on our Supercheap Auto, BCF, Rays Outdoors and FCO desktop and mobile sites within six weeks from when we signed off on the project. This was at a crucial time, leading up to our busy Christmas period. SLI was extremely dutiful and responsive. Post implementation, their flexible support model has allowed us to roll out multiple enhancements at no additional cost. Having a dedicated Customer Success Manager that is local and in our time zone has made a world of difference. I am able to engage with SLI to ensure optimal usability of our sites.”
The Customer Success Management Model works in the favor of both the company and its customers. Providing a positive customer experience through speed and responsiveness enables a significant competitive advantage. Metrics published by Dell show that 97% of unsatisfied customers can be rescued with proactive intervention and more than 40% of those customers will then become brand advocates.
A good customer experience drives growth. In today’s business environment, where the value of a customer is realised over time, the duration of the customer relationship has enormous impact on the company, its revenue and its overall success. Over time, the Customer Success Management Model will be a differentiator for companies. Those that adapt will succeed, while those who refuse to reshape or neglect the idea of customer engagement will be left behind.
When it comes to holiday shopping, peak shopping days and times are experiencing a dramatic shift that could impact the timing of critical promotions. Consumers are shopping on days that were previously considered taboo for this type of activity, such as Thanksgiving Day and Christmas Day. It’s time for retailers to take note to ensure they don’t miss big opportunities to reach their buyers when they are actually shopping.
In Australia, it is well known that Boxing Day (the day after Christmas) is the peak shopping day of the year. Yet, according to a new SLI study, many consumers are starting their shopping on Christmas Day. SLI researched e-commerce site activity across 100 Australian retailer sites, analyzing 20 million queries over the month of December. Online shopping activity peaked at 8:00 p.m. AEDT on Christmas Day and 10:00 a.m. on Boxing Day. While Boxing Day exhibited 49.6 percent more activity than Christmas Day, the spike in shopping activity on Christmas night is certainly a new trend worth exploring.
In the U.S., similar shifts in shopping behavior occurred. Most notable was a spike in shopping activity at 10:00 p.m. EST Thanksgiving Day, the night before the renowned Black Friday. There was also a spike in shopping activity on November 30, the night before the busiest U.S. online shopping day, Cyber Monday. To gather these results, SLI studied e-commerce site activity across 500 retailer websites in the U.S. (100 were Internet Retailer Top 1,000 retailers), analyzing 45 million queries during Thanksgiving week.
Consumers (increasingly online night owls) are beating retailers to the punch on unexpected days and times. By timing key promotions accordingly, savvy online retailers can take advantage of these new opportunities and have a jump on their competition in 2015.
With 1 billion people using YouTube today, video is the most powerful means of spreading information to the world’s 7 billion people. And since more than 6 billion hours of video are watched each month on YouTube, that’s almost one hour for every person on this planet!
As a content marketer in the e-commerce space, I’m especially interested in watching the speed of adoption of video in online retail. Product videos offer details that static images can’t, like how someone might hold or wear the product. According to an Animoto study and infographic, 73% of U.S. adults are more likely to purchase a product after watching an online video that explains it.
A Proven Way to Differentiate
Many sites use video as a way to set themselves apart from big-name brands. Bulk Reef Supply has created more than 300 videos for its saltwater aquarium and reefing products, even branding its video channel as “BRS TV” to make it more visible on YouTube. This is a smart way to increase product discovery, establish expertise and provide affirmation to buyers that they are choosing the right product. Simply by providing the information consumers need to make the right purchase, Bulk Reef Supply differentiates itself from potentially less knowledgeable competitors.
Northwest River Supply is another business that succeeds by providing expert advice that’s typically not found on many sport supply sites. Search for “kayak” and you’ll see a menu of more than 200 videos about kayaking. You can refine the search by whitewater, tour/rec and other types of rafting sports to find how-to videos that meet your particular interest.
As mentioned in Shaun Ryan’s recent blog, “shopping haul” videos are another type of video format that retailers can leverage in 2015. As the popularity of these videos increases, so does the opportunity.
Worth 1.8 Million Words?
I’ve often found truth in the maxim: “A picture is worth a thousand words.” So naturally, I’ve wondered how many words a video might be worth. I recently found that Dr. James McQuivey of Forrester Research actually made an attempt at calculating the comparative worth – he estimated that one minute of video is worth 1.8 million words. Well, the writer in me thinks that’s too high. But whether or not his assessment is true, it’s evident that video is an incredibly effective way to influence consumers who want bite-sized bits of information and entertainment that will fit into their busy lives.
As 2014 holiday shopping statistics roll in, SLI Systems found some interesting trends among search query data for the 800+ e-commerce sites it serves. In addition to seeing a record-breaking Cyber Monday, we identified the weekend’s peak U.S. shopping times, discovered that 40% of weekend shopping was done from mobile devices, saw huge international growth in Black Friday shopping, and hit a new milestone with the number of search queries SLI served.
Overall, it’s clear that holiday e-commerce shopping is up significantly from last year – The Custora E-Commerce Pulse reported an increase of 15.4% in e-commerce revenue for the holiday weekend (Thanksgiving through Cyber Monday) over the same weekend in 2013. As mentioned in an SLI press release issued today, 10 p.m. EST on Cyber Monday was the peak hour for online shopping in the U.S. Thanksgiving Day shopping also peaked at 10 p.m. EST.
SLI research also found that 37% of Cyber Monday shopping in the U.S. was conducted on mobile devices – this is up from the 29% reported by Marketing Land in 2013. As the percentage of mobile shopping continues to rise – and the term “cyber” becomes more dated (“Cyber Monday” was first coined by Shop.org in 2005 to describe the online shopping peak on the Monday after Black Friday) – this $2 billion shopping day may be on its way toward the new name of “Mobile Monday.”
Black Friday Now a Global Event
While the chart above looks at peak U.S. shopping times, our data surprisingly showed a significant amount of Black Friday traffic coming from Brazil and the UK. Even though these countries don’t celebrate the Thanksgiving holiday that Americans enjoy on the fourth Thursday and Friday of November, retailers have launched Black Friday campaigns in Brazil and the UK to capitalize on the U.S. shopping trend. Amazon was the first to offer Black Friday discounts in the UK in 2000, and clearly, the trend has skyrocketed.
Record Queries Served by SLI
Due to the international growth of Black Friday shopping and online shopping in general, SLI also hit a new record of serving more than 100 million site-search queries in a single day. There are many ways we prepare for supporting our clients’ peak shopping days – from the highly redundant and scalable cloud architecture we offer year-round to the additional site optimizations our engineers conduct well in advance of expected peaks. We’re pleased to be able to support the increased search traffic on any of our clients’ sites, no matter what day of the year.
With the holidays upon us, e-commerce retailers are fine-tuning their sites in preparation for Black Friday. Here’s a quick checklist to help make your 2014 Holiday Season brighter by gauging your site’s readiness. I’ve included several tips and tools for testing that have worked well for me in the past.
1. Is your site up to speed?
With 47% of users expecting a web page to load in less than two seconds, speed is crucial. Slower sites increase bounce rates and decrease conversions. Walmart found that for every one second page speed was improved, conversion rates increased up to 2%. Think about what that means to your bottom line. Holiday shoppers aren’t willing to wait for your site to load.
This brings up an interesting point when we talk about page load speeds. To your users, the page is complete when it appears visually ready and they can interact with it. A great way to measure this is www.webpagetest.org, which lets you compare your site against your competitors. This will help identify scripts and elements you can load later in the page cycle to improve performance.
We can’t really talk about speed and the holidays without talking about stress testing your site for the surge in traffic that peak season will bring. You want to make sure your web infrastructure and content delivery network are properly configured so you don’t experience any downtime. Properly load testing a site requires coordination with your CDN and IT teams to ensure you don’t unintentionally DDOS your own site.
2. Do you have a consistent user experience across channels and devices?
Tablet and mobile traffic has now eclipsed desktop traffic, according to Branding Brand’s Mobile Commerce Index for 2014. Today’s users often interact with multiple device types before they convert. The majority of emails – 65% – are opened on a smartphone or tablet. According to Limelight Networks, Inc., 80% of customers abandon a mobile site if they have a bad user experience.
Users expect a seamless experience between different devices. If you don’t optimize these first-touch customer experiences, you risk losing buyers. There are many different ways to address this issue, from responsive design to dedicated mobile sites, each with its own challenges. For instance, responsive design requires careful coding and CDN configuration to minimize download time while dedicated mobile sites need special attention paid to redirecting links based on device.
It’s all about reducing friction for the user as they travel down the conversion funnel. For mobile users, don’t use incompatible desktop features like hover and make sure email links are optimized for smaller screens. On the other side, make sure links shared via mobile open properly for desktop users.
Here are a few more things that work well no matter the device format: Limit the amount of form fields on checkout, put the search bar in an obvious place near the top of the page and use predictive analysis to help auto complete search queries.
3. Do you have the right merchandising and product mix?
Knowing the right products to offer and displaying these products first on your category pages increases conversions. For customers using SLI Learning Navigation, all category pages are automatically merchandised based on user behavior, such as clicks, conversions, sales and margin, to ensure that you display the most relevant products first.
Wondering what promotions or product mixes your competitors had last year for Black Friday? Try the Internet Archive Wayback Machine.
4. Are you using gift finders?
At this time of year, you will have shoppers who aren’t your regular customers coming to your site to buy a gift. A parametric search lets you provide a guided shopping experience and walk the user down a path. A user might say she is shopping for a man, wants to spend $100 and wants the gift to be in sporting goods. This quickly gets the customer to relevant products. This type of search works well anywhere a guided experience is useful, such as a trip finder where filtering by region and price make it easier to see a large range of products.
5. Do you provide recommendations?
Customers appreciate a personalized experience while shopping. Being able to offer them other contextually relevant products enhances the customer experience and increases both conversion and cart size. When shoppers interact with the related products displayed on SLI Dynamic Product Banners, retailers are seeing a 10-20% increase in conversion rates.
As the customer moves through the site you can make more fine-grained recommendations. On the homepage, new customers might see “top sellers.” As they go deeper into a site, based on behavior, you can show recommendations like “customers who viewed this item also viewed” or “frequently bought together.” At the cart, you can suggest accessories related to the items they are buying, and at order confirmation, you have the opportunity to upsell again.
The most personalized recommendation you can offer is “recently viewed,” which performs really well. In this case, customers have shown an explicit interest in a product. If you make it easy to quickly jump back to that product – even if they come back to the site after a few minutes or a few days – it increases conversions dramatically.
My advice on recommendations is to test all the variances you can on the page to see which one preforms best. I would even test the call to action verbiage around the recommendation because context is very important to recommendations. Customers will value the recommendations more if they understand the logic of why you are showing the items.
To learn more about preparing for the holiday season, see a video of a webinar I recently presented on this subject.
May your season be bright, and your site bring in much revenue!
There is a largely untapped resource that most retailers aren’t leveraging to the fullest. I’m talking about shopping haul videos, also called unpacking videos. For those of you who aren’t familiar with this weird phenomenon, let me give you a brief description.
Shopping haul videos are made by people that have been shopping – either at a store, or online – and when they have the goods at home they turn on the camera and record themselves opening up all their goodies. It sounds quirky, right? However, these videos get an amazing number of views and they continue to grow.
Now the nice thing about these videos from a retailer’s point of view is that they are video reviews that feature their products and their stores. They are taken at the time when the shopper is most positive about their purchases, in the afterglow of the buying, before they’ve had an opportunity to be disappointed by them. They are authentic – typically done in their home. So these are authentic, positive video reviews of retailer’s products. Dang!
So how could retailers use shopping haul videos? I think it would be great if they could make the videos viewable on the product pages that are featured in the video. Retailers know the value of videos for improving engagement, yet videos are fairly expensive to produce. With the shopping haul trend, there are millions of videos that have already been produced that retailers can use.
So how do retailers find these videos? A simple search of “[Retailer name] haul” will give you a good start. Then you need someone to watch the video and work out which products are featured. The video can then be embedded in the product page. You could do this now for a few products, test it and see if it helps.
I came up with this idea a few years ago when I first heard about shopping haul videos at the online retailer show in Australia and then heard how popular they were. I had proposed creating a tool to make it easy for retailers (or anyone) to tag these videos and to embed them into product pages. It’s not unlike the recommendations we imbed in product pages now: some supplementary content that helps improve conversions. It could also feature in the search and nav in the same way that we index retailer’s videos as part of our Learning Search offering now.
However my idea has never made it to the top of our priority queue (we have a lot of cool stuff we’re working on). What do you think of it? Have you considered doing something like this? How many shopping haul videos are there for your store?
When you open up your front door for trick-or-treaters this Halloween, you are more likely to be visited by Queen Elsa, and other ‘Frozen’ characters like Princess Ana and the lovable Olaf, than bloodcurdling zombies. This prediction is based on a large sampling of e-commerce searches over the past two months.
‘Frozen’ is the most sought-after costume theme this season, with the category receiving nearly 1.2 million consumer searches, or 122% more search activity than costumes related to the second most popular film this year, Teenage Mutant Ninja Turtles (TMNT). The gap is even greater between the icy theme and other popular movie characters including those from Book of Life, Batman, Despicable Me (minions) and Maleficent.
As noted in a recent Forbes article, SLI Systems tracked more than 80 million searches across 17 websites selling Halloween costumes between September 1st and October 26th of this year. Of the top 15 most-searched costumes for 2014, seven are film-related:
- Frozen – 1,192,000 (includes searches for Elsa, Olaf & other characters)
- Zombie – 863,000
- Ninja – 863,000
- Pirate – 796,000
- Clown – 659,000
- Witch – 588,000
- Vampire – 565,000
- Teenage Mutant Ninja Turtles – 536,000
- Book of Life – 308,000 (includes searches for “day of the dead”)
- Flapper – 277,000
- Batman – 251,000
- Despicable Me – 233,000 (78% of related searches were for minion characters)
- Maleficent – 227,000
- Monster High – 206,000
- Star Wars – 148,000
So, what’s the hottest Halloween costume this year? The forecast calls for a “cool” cast of characters.
I’ve written before about the many benefits of face-to-face meetings, and after our inaugural SLI Connect event in Seattle earlier this month, I can affirm the immense value of gathering our customers together in one place.
SLI Connect provided a full day of retailer presentations and discussions about best practices for site search, navigation, product recommendations, mobile, merchandising, SEO and more. As retailers shared their current challenges in breakout groups, many were able to help each other identify “quick win” solutions. And as SLI executives shared our tentative product roadmap, we received real-time feedback about which innovations are most important to our customers.
We all enjoyed discussing the shopping experience of the future. Plus, we had fun dining, networking and laughing together at evening events. The relationships we built or enhanced were worth the effort of gathering from various parts of the world. Many SLI customers contacted us afterward to share their enthusiasm, indicating that their time was well spent.
There were many clear takeaways, but a few themes stood out most for me:
We requested that attendees complete a survey, which asked: “Which capabilities are expected to be the biggest drivers of your e-commerce business this holiday season?” Given nine options, retailers identified the top three drivers as SEO, Optimized Site Search and Optimized Mobile Sites. The answers indicate that getting shoppers to arrive on your site is just as important as ensuring they find the products they seek once they’re on the site.
We also surveyed SLI Connect attendees about their business drivers and new initiatives for the 2014 holiday season. When we asked: “Is Omnichannel an important part of your 2014 holiday season strategy?” 85% responded “Yes,” indicating a clear priority for multi-channel retailers to optimize interactions across mobile, social, desktop and/or brick-and-mortar store channels.
I believe e-commerce is just at the cusp of what can happen with personalization, and I am not alone. Others at SLI Connect shared an interest in enabling their customers to find (or be pushed) relevant product information or content at the right time, via the right channel. In a panel discussion, Alicia Fiorletta, a senior editor at Retail TouchPoints, explained: “All retailers just want to get closer to the customer – to get to where the customer is and interact with them in a way that relates to them.”
During her presentation about using SLI to help customers find products amid tens of thousands of SKUs, Lisa Dahlke, web operations manager at Silver Star Brands (a multi-channel retailer that includes Miles Kimball, Walter Drake, Exposures and others) said: “We are trying to understand who our customers are, how we need to treat them differently, and how our smaller brands can most stand out.”
Sam Sarullo of Lakeshore Learning shared: “We’re seeing a high trend in text/SMS messages converting, so we’re changing our strategy to do more text blasts.” His comment underscored how the strategies for reaching and converting shoppers in a relevant way across channels are ever-evolving.
Partners in Innovation
During SLI Connect, SLI CTO Wayne Munro and I offered a sneak peek into SLI’s product roadmap, with an interactive session that gave customers and prospects the opportunity to share their priorities for 2015. In addition to hearing what’s on deck, customers learned more about the products and features already available for accelerating e-commerce.
Following the event, Gavin Trippe of 2 Wheel Parts Supply said, “I attended SLI Connect knowing SLI was going to play a big part of our success in e-commerce, and I was extremely impressed with the event and the SLI team’s knowledge. It was clear that SLI really understands the future of e-commerce. The company continues to improve and invest in the product, offering a huge amount of features.”
He added: “One of the most important things SLI offers is the willingness to develop our integration past the initial installation − it shows they agree that a site will never be finished and will always have room for improvement.”
I appreciate Gavin’s comment, because I take pride in our business model; we provide ongoing innovations and advice that will continually improve our clients’ sites – not as a separate professional services or support fee, but as an included service. And I think it’s this way of doing business that makes it valuable and enjoyable for our customers to spend time with us. They know that we are genuinely listening to and responding to their requests for improvement, rather than pushing sales pitches.
I thoroughly enjoyed the time spent with those who attended SLI Connect, and I look forward to hosting the event again in the future.
If you missed the event and would like some tips on improving your holiday results, please enjoy this on-demand version of our latest webinar, the E-Commerce Holiday Playbook.
The stats are in and the message is clear: people are shopping on their smartphones and tablets more and more every day. Mobile commerce in the U.S. is:
- Growing 3x faster than overall e-commerce (BI Intelligence)
- Grew 48% to $8 billion in Q2 of 2014 (U.S. Census Bureau/comScore)
- Grew 113% in sales from smartphones and 86% in sales from tablets in 2013 (Shop.org)
Mobile shopping is outpacing desktop shopping; billions of dollars are on the line; and yet smartphone conversion rates remain at an embarrassingly low 1% or less for many retailers. Why? 80% of shoppers say they typically abandon a mobile site if they have a bad user experience (Limelight). To take advantage of this massive opportunity, online retailers need to provide shoppers with an excellent customer experience.
While there are many different ways to address all these different device formats, such as dedicated mobile or tablet sites or even a complete overhaul like Responsive design, there isn’t a one-size-fits-all solution. Whichever approach you choose, here are six tips to help you optimize your mobile customer experience:
1. Speed Matters
Nearly half of consumers expect a web page to load in less than two seconds (KISSmetrics). Remember that there is a distinct difference between what a computer calculates as page weight/load time and what a user will consider the page speed. Optimizing web pages for “visually complete” – or the user’s perception of when a page is complete – and optimizing actual page load times will create a better user experience. Tip: Use Google Page Speed Insights for overall comparison and WebPageTest to compare visually.
Image size also matters. Make sure to serve appropriately sized images and remember that even images hidden via CSS for a mobile view will still be downloaded.
- If using a mobile site, make sure images are sized for that form factor; don’t simply reuse desktop images as they will force users to download excessively large images.
- If the site is Responsive, make use of client side conditional loading (imager.js) or dynamic image compression (e.g. Akamai’s ION product line) to ensure users aren’t downloading unneeded bytes. Tim Kadlec found that by using a responsive image technique, sites could save up to 72.2% of image weight.
2. Reduce Customer Friction
Conversion rates on average are four to five times higher for people who use on-site search. Additionally, the type of visitors who utilize the search box are showing explicit intent and are more likely to purchase (PFSweb). Mobile users specifically are more likely to use search so make sure your search box is in an obvious place near the top of the page. Tools to ease the on-site searcher’s path-to-purchase include:
- Rich Auto Complete – Ease the pain of typing in search terms on small mobile devices by adding Rich Auto Complete to your search box. Through predictive analysis, this will offer suggested keywords and products as the user is typing the search term. This saves the user time and frustration and is a great way to reduce a customer friction point.
- Spelling Suggestions – One of the difficulties that come with shopping from a mobile device is that the keyboard may be small or difficult to use, and customers may not be able to type in search words correctly. Account for misspellings or similar words by employing autocorrect or synonym rules. These rules create linkages between words to show the correct products when a word is misspelled or a different term or slang is used.
- Reviews & Social Media – Show ratings and reviews with your product results. Provide this social currency on site so users don’t need to leave your site to research products. Also, more shoppers are using social media to get ideas for gifts or find new items they’d like to purchase. Make sure you are catering to your mobile visitors by allowing them to share their favorite products easily among their social networks.
3. Touch-Enabled Devices
When designing for touch-enabled devices, it’s important to remember the size of the human finger and thumb. The touch target for an index finger is 57 pixels and a thumb is 72 pixels. Making touch targets smaller than these targets can lead to user frustration and incorrect clicks. Moreover, don’t require users to pinch and zoom in order to navigate pages as these actions also lead to a negative user experience.
A very common mistake in mobile development is attempting to port desktop features directly to a mobile device. With a touch-enabled device, the user is not navigating the page with a mouse cursor so keep in mind that functions like hover don’t translate into a positive customer experience. At best, the user will attempt to click the item multiple times to activate the link; at worst, the user will be unable to click through at all. According to Thomas Fuchs, “The easiest way to deal with this is simple: don’t use hover on touch-enabled devices.”
4. Make Checkout Easy
Smart e-commerce companies create as few steps as possible at mobile checkout. When you allow visitors to checkout quickly and easily, they’re more likely to complete the purchase. To speed customers through checkout:
- Reduce form length (fewer than 6 fields); if multiple steps, show progress
- Top Align form labels for easy readability while typing
- Allow guest checkout (to again, “reduce friction”)
- PayPal/Google Wallet payment options get customers through the process quickly
5. It’s Time to Revolt Against Sliders (on Desktop and Mobile)
There have been numerous studies showing that sliders are useless. Site visitors are highly unlikely to take the time to read each slide or interact with the slider. Notre Dame performed a test with a slider on their homepage, only to find that the first image was the only image to receive interest from visitors (and only 1% of visitors). Take a serious look at your analytics and evaluate whether or not the extra download time and screen real estate is actually providing your customer value or simply satisfying everyone on the committee. Instead of sliders:
- Show relevant sales items, or personalized offers based on season or geography
- Show returning customers something based on their shopping affinity or past purchases
- Avoid banner blindness and focus on what you really want the customer to do
6. Without Testing, You’re Just Guessing
Mobile customer expectations are evolving at a rapid rate so adapting to these ever-changing requirements is critical for success in an extremely competitive e-commerce environment. Performing tests, whether A/B or multivariate, can identify whether a feature can help or hurt your bottom line and is the best means of identifying which tips will best improve your conversion rates. Looking at what your competitors do and industry best practices are only starting points; you also need to know what your audience responds well to.
To learn more about how to improve conversion rates and increase revenue from your mobile sites and apps, visit http://www.sli-systems.com/solutions/mobile-site-search.
In 2014, Brazil is much more than FIFA World Cup host or Carnival central when it comes to business. It is also the next hot spot for e-commerce business. According to Forrester, e-commerce in Brazil grew 21% to a whopping $15 Billion in 2013, from $12.4 billion in 2012. And over the next five years, e-commerce in Brazil is expected to grow at a compound annual growth rate of 18% to reach annual online retail sales of $35 billion by 2018.
“Brazil is a top five Internet audience now. It shows no signs of stopping in terms of the audience size, the growth, the engagement, the use of search, the use of video, the use of social media,” said Alex Banks, the Latin America head for market-research firm comScore Inc. “If Brazil is not part of your international expansion and you’re an Internet company, then you’re doing something terribly wrong.”
While SLI recognized several years back the incredible opportunity to expand into the Brazilian market to help retailers boost their online presence, others are now also promoting their desire to do business with Brazil. In fact, the Wall Street Journal recently published an article about Alibaba’s plans for business in Brazil.
To compete with the likes of Alibaba, retailers in Brazil need to have compelling e-commerce sites. One critical aspect is to have strong site search tools so that shoppers can readily find the products they are most likely to buy. Companies accelerating their e-commerce sales with strong site search include Raia Drogasil, the largest pharmacy group in Brazil; retail giant Colombo; and others such as Centauro, Saraiva and Nike. All are working with SLI to boost customer conversion rates by as much as 30%.
For SLI, expanding into Brazil was the best decision; the company’s annualized recurring revenues in Brazil grew 95% during its 2014 fiscal year. This in part is due to a strong sales program, good relationships, effective solutions and the availability of SLI solutions in Portuguese. See it for yourself at http://www.sli-systems.com.br/.
To learn more about how SLI helps global e-commerce retailers accelerate sales by connecting shoppers with the products they’re most likely to buy, check out our best-practice case studies.