Showing posts with label ecommerce. Show all posts
Showing posts with label ecommerce. Show all posts

Monday 16 March 2015

CBT for SEM | Cognitive Behavioral Therapy for Search Engine Marketing

Gone is that age when online marketing was all about generating traffic, backlinks, or even rankings. 
Now the game has changed drastically. There is only one KPI for a successful Digital Marketing Strategy. Conversions. 

A conversion could be a new purchase, a new lead, a new newsletter subscriber, you name it. But people need to convert from a state of being strangers to relatives. 

SEM needs cognitive behavioral therapy

Psychology plays a big role in the engagement process. Psychologists believe that psychotherapy is about change, some aspect of oneself or one's life. People make valuable changes everyday in major ways but change will not happen on its own. It requires that they make a conscious choice to examine patterns in their lives, question old assumptions, and take action towards intentional and meaningful changes. 

Therapy is not just about understanding, it's about turning understanding into real change that lasts.

Most therapists working with patients dealing with anxiety and depression use a blend of cognitive and behavioral therapy. This technique acknowledges that there may be behaviors that cannot be controlled through rational thought, but rather emerge based on prior conditioning from the environment and other external and/or internal stimuli. CBT is "problem focused" (undertaken for specific problems) and "action oriented" (therapist tries to assist the client in selecting specific strategies to help address those problems), or directive in its therapeutic approach.


So, in simple words, CBT is about understanding the stimuli of specific behaviors and when we know the triggers, we can control the action. 


Scientia potentia est




Each day, we make hundreds - sometimes thousands - of decisions, without even realizing it. People are surrounded by persuasive messages all day long, from verbal suggestions by co-workers, to signs and flyers in the street, to more blatant advertisements on TV, radio, the Internet and in other media.

Most of these messages are fairly low-stakes; we see and hear them as we go about our business. We’re able to ignore them, or may be biased in a small way, but probably won’t be inspired to take action that very minute.

When a person visits your ecommerce store, however, they’ve already demonstrated a very important characteristic just by being there: they have some kind of commercial intent.

Are your offers and messages taking advantage of that and persuading visitors to become buyers?

Let’s have a look at the science behind persuasion and its impact on your ecommerce conversion rates.
Six Ways Shoppers are Influenced & Persuaded

Dr. Robert B. Cialdini described six ways in which consumers are persuaded to make purchasing decisions, in his popular 1984 book Influence: The Psychology of Persuasion.

According to Dr. Cialdini, these six subtle psychological pressures can influence customers in the moments that matter, inspiring them to say yes to whatever it is that’s being asked of them:

  • Reciprocation
  • Consistency
  • Social validation
  • Liking
  • Authority
  • Scarcity

Yes, we've talked about these before, but they're so important that it's worth examining them again to see how they can apply to your ecommerce environment. 

1. Using Reciprocity to Drive More Small Conversions


This principle requires that you give something back in exchange for whatever it is you’ve received. One example of this is a free gift with a purchase, though it also applies to concessions people make to one another.

If you visit a small town ice cream shop, you’ll probably be offered a small sample of the different flavors of ice cream you’re considering. Accepting this small token makes a persuasive argument for you to go ahead and buy, because you feel like you should return the favor! You’re highly unlikely after accepting the sample to leave without buying an ice cream.

Ecommerce stores obviously can’t reach out and let you try their products in the moment of consideration.

What’s an online retailer to do?


Consider the size of your ask and what you can offer in return, or what concession you can make, to that customer for making such a big commitment to your brand. Often, consumers are more likely to accept a series of small requests than one large one.

Take retail Goliath Amazon, for example. They have some seriously big ticket items available for purchase online. Yet if you’ve ever bought new furniture for your house, you probably wanted to try it out first - to sit on the couch you’re considering, or feel the grain of the wooden bed frame.

How do you overcome that desire (which becomes an objection to buying online) and persuade the customer to convert? By offering something of value to the customer before you ask them to buy.

In Amazon’s case, this often means making a concession like offering free shipping, as in this example:



Reciprocity and Microconversions


Amazon Prime is another great example of reciprocity in ecommerce. In addition to Free two day shipping, they offer customers a number of “gifts” like early access to sales, free photo storage, and tons of movies and television shows on demand, simply for joining Prime for $99. All things considered, the price tag is a relatively small ask.


Once a customer enrolls in the program, Amazon can continue marketing to them and step it up with personalized offers based on that customer’s preferences.




The reciprocity is ongoing with the free two day shipping.

As Amazon continues to ask for more - convert and join Prime, convert and make a small purchase, convert and make a larger purchase - they continue to offer something of value. Since the customer has already said yes to the smaller offers, they feel invested and are more comfortable saying yes to the bigger ones.

Reciprocity isn’t only a sales tool; it can help you build your social audience, as well.

Offer a small discount or a free gift on checkout, then ask on the Thank You page that the customer follow your brand on Facebook. You’ve just given them something and they’re more likely to complete that action. You could also take this opportunity to ask for a review or social shares, which takes us right into the next principle that can help you persuade and convert.

2. Social Proof Made More Powerful with Personalization


Social proof is the psychological phenomenon whereby your online store visitors are influenced by the actions of others and are more likely to take the same action. It can be massively influential in an ecommerce environment and you have plenty of tools at your disposal!

One popular way to demonstrate social proof is to integrate your store with Facebook. Showing visitors which products other people bought most often or Like the most can be incredibly persuasive.

Check out all of the social proof in this Booking.com hotel listing:




The little heart icon tells visitors that 4857 people have added this property to their Wish List. almost 4,500 people have left review. Forty-seven people are looking at the property right now and someone just booked 2 minutes ago! All of this social proof is highly persuasive to the buyer, who wants reassurance that they’re making a good choice.

Personalizing social proof kicks it up even further. Try letting visitors log in on your website using their Facebook credentials, so they can see reviews and products purchased by their friends. Check out Facebook integration apps in the Shopify’s Resources App Store.

3. Ensuring Commitment and Consistency


People are more likely to take action on things they’ve already thought over or discussed with others. This is thanks, in part, to our desire to be consistent and stay committed to our ideas.

In an ecommerce environment, we want customers to stay committed to the idea of purchasing this product in front of them. We don’t want them to question or overthink it too much, or they’ll start objecting.

One great way to combat this is to use rhetorical questions as a way of driving commitment. In a 2006Journal of Language and Social Psychology article, social scientists point out that “rhetorical questions can increase persuasion and message processing, creating a relatively strong, resistant attitude.”

Rhetorical questions don’t require an answer; the answer is either obvious, or doesn’t exist. They’re used to make a point, not elicit a response. Some ecommerce examples could include:
“If you could save 15 minutes a day, would you?”
“What if you never had to sharpen a kitchen knife again?”
“How would your family enjoy a week at the beach?”

You can even A/B test these different persuasive questions and see which are most effective ones by targeting first time visitors with a slide-out message or with an overlay.

4. Being Likable


We’re more likely to be influenced by people we like, but what is likability in ecommerce?

Being communicative, responding promptly and politely to inquiries and focusing on great user experience can all help. I’m more apt to like your brand if you make my shopping experience simple, intuitive or even fun.
Humanizing Your ecommerce Brand

Another way your business can be likable is to take care to humanize your brand in your communications and marketing material.

Generic business material is boring. Spice it up and give customers someone to actually like by sending messages out from your personnel, instead, like this:



Our internal data at Commerce Sciences shows that quality assurance and satisfaction messages are great applications of this personalized messaging tactic. However, it’s less effective with company policy messaging. People tend to see policies and restrictions (eg.: a 30-day return policy) as arbitrary rules; it’s easier to relate to a policy that was defined by an organization than a specific person.

Other promises are more effective coming from an individual. Testimonials on your ecommerce site are a great example of this - they’re far more compelling, with the name and picture of the author, than brand messaging saying the same. In fact, customer testimonials are the most effective form of content marketing (AdWeek SocialTimes).

5. Building Your Ecommerce Brand’s Authority


There are two distinct but equally important types of authority online: your authority with your audience and customers, and the authority your ecommerce site demonstrates to search engines.
Industry & Topic Authority

As an authority in your industry, your brand is a go-to source for accurate information, expert advice and in-depth insight. Within your brand, you may also have one or several public-facing people building their professional authority, which furthers your brand image and authority as a whole.


Image source: Twitter

Airbnb CMO Jonathan Mildenhall is a great example of the power of building authorities within your brand. Formerly the VP of Global Advertising Strategy and Creative Excellence at Coca-Cola, Mildenhall is a keynote speaker on the international stage and has graced the cover of AdAge. He helped Coca-Cola win 20 Cannes Lions in a single year (2013) and has amassed an impressive audience on Twitter and Tumblr.

Encouraging and empowering employees to speak at industry events, write for relevant publications, and use social networking ensures a steady flow of positive brand content that reflects well on the entire company. It shows the world your brand is passionate and involved in your industry.
Web Authority

Your ecommerce site’s authority is a different animal, though many of the same tactics are effective for brand authority building. Google and other search engines consider hundreds of factors in their ranking algorithms, including the perceived authority of the site.

How can you demonstrate authority?


While we don’t know exactly what it is search engines are considering (it would make it too easy to game the system), we can safely assume there are several authority signals in play. The best known and most talked (and speculated) about authority signal, of course, is the volume and quality of backlinks to your site.

Links tell search engines that other sites found your website and content reputable, relevant and informative enough to send traffic from their site to yours. Be cautious of SEO strategists who promise to build links for you; search engines crack down hard on links that appear reciprocal or otherwise spammy. Links should be earned through the publication of great content that compels people to naturally recommend your site to their audience.

Blogging is a fantastic way to build both topic and web authority, yet it’s a strategy underused by ecommerce brands, as demonstrated in Tommy Walker’s recent post The Curious Case of the Underwhelming Ecommerce Blog. Blogging brings huge traffic opportunities, keeps user on site longer and helps nurture and convert leads; if you commit to blogging and do it right, the payoff can be huge.

You’ll find some great blogging and linking tips in this Shopify SEO Strategy post.

6. Creating Scarcity


The fear of missing out (FOMO) is a powerful motivator. Customers can be compelled to take action immediately when offered free shipping for a limited time only, time-sensitive discounts, the last of a remaining product, etc.

Stock Scarcity



Smart ecommerce marketers use a variety of tactics to create scarcity, such as showing a limited number of items left as in the example from Francesca’s, above. You can also show scarcity by size, by showing the unavailable sizes crossed out or in a different colored font. Or, use a tactic employed by many travel booking sites and display the number of current page viewers as buyers competing against one another.

Urgency and Timing




In the example above, Bath & Body Works really taps into the FOMO with limited time offers. You can also use coupons with a time limit, even going so far as a to include a countdown to expiry. Flash sales are another popular tactic for creating scarcity via urgency. If you don’t buy now, you’re going to pay more/miss out/not be happy. It’s super effective for converting buyers who are on the fence.
Conclusion

Persuasion isn’t the result of a single optimized message, or even an offer that matches your visitor’s intent. For ecommerce retailers, it means appealing on an emotional level to your customer using each of the tools and technologies at your disposal.

It means persuading each customer to take the next small step… and the next… and the next, until they ultimately convert and complete your desired action. And if you get your customer all the way to the cart but don’t seal the deal? Check out these 13 amazing abandoned cart emails for persuasive recovery messaging.

References:


  • Cognitive Behavioral Therapy - WikiPedia
  • A guest post by Omri Yacubovich on Shopify

Monday 16 February 2015

The Science of Shopping Cart Abandonment eBook and infographic

Shopping cart abandonment — when shoppers put items in their online shopping carts, but then leave before completing the purchase — is the bane of the online retail industry.

But it's also a huge opportunity: Approximately $4 trillion worth of merchandise will be abandoned in online shopping carts this year, and about 63% of that is potentially recoverable by savvy online retailers, according to BI Intelligence estimates. 



Many eCommerce websites now are building (or using) Cart Abandonment Software to capture some of the leaked opportunities.

There are many APIs that can be used on your eCommerce website to capture back abandoned carts:
Somone of them charge you for the actual recovered carts.
  1. http://rejoiner.com/
  2. http://www.barilliance.com/shopping-cart-abandonment/
  3. http://abandonaid.com/
  4. http://cartrescuer.com/




Friday 3 October 2014

20 Reasons why Localization is Important to Website Conversion

Thanks to the global reach of the internet, website localization is one of the best things you can do to increase website conversions. By creating a culture- and language-specific version of your website for each demographic market you target, you become a truly international business. All businesses, even small online retailers, can benefit from localization. In fact, you can’t afford not to have localized websites, and here are 20 reasons why.

1. It offers global expansion and increased reach.

Although English is still the predominant language online, other languages, most notably Chinese, Spanish, French, and Arabic, are quickly closing the distance. Offering web content in additional languages and cultures helps you increase your reach and become a respected international business.

2. Localization helps you appeal to multicultural audiences.

Translation helps international visitors find and buy from you, but it doesn’t consider cultural differences and sometimes doesn’t convey your message or brand very well. Localization includes both cultural and linguistic concerns, helping you reach audiences in different cultures much better.

3. It increases web traffic.

Search engines rank websites with localized versions or pages higher than non-localized websites and return your website as a result more often. On top of that, local sites are more likely to link to you when you provide information in the local language. Increasing traffic is one of the three most important things you can do to boost revenue, and more traffic means more sales.

4. You get more traffic from regional and language-specific search engines.

These smaller search engines have much less competition because they’re small and most businesses don’t have localized websites to appear in results. This means it’s much easier for your localized websites to rank higher than your English website. The higher you rank and the more often your website appears in search results, the more traffic and sales you get.

5. Localization increases brand recognition.

When you translate your website into the language and culture of your target market, you show that you respect and value your audience. They in turn are more aware of your business than your English-only competitors because they see your website more often and more easily understand your message.

6. Localization increases website stickiness and sales.

Having a strong localization plan boosts your presence and sales in a targeted area, such as localizing in French and German to increase sales in Europe. Multiple studies have found that when users are presented with a website in their native language, they stay on the site twice as long and are four times more likely to make a purchase from it.

7. It increases overall ROI.

Increased traffic, conversions, and brand awareness also leads to increased trust, credibility, customer loyalty, and satisfaction, in turn leading to more conversions. Localization is also scalable for both your audience and your budget, delivering huge benefits for only a marginal additional cost.

8. Localization maintains low printing and content distribution costs.

Localizing your website increases reach without raising these costs a few ways. First, you can reuse much of the same content across multiple languages; second, translating your website into a new language and culture is scalable; finally, having a web presence costs the same no matter what language or culture. Having a localized website may also eliminate the need for direct mail such as catalogs and brochures in various languages.

9. It is a cost-effective virtual branch office or satellite location.

Instead of building a brick-and-mortar store or renting an office in an international location, your localized websites become those virtual stores by offering information, products, contacts, and everything else you can deliver digitally.

10. Localization lowers customer support costs.

By answering questions and providing information in a target market’s native language and culture, you give customers what they need online in the best format for them, which reduces the need for multilingual phone and chat support.

11. It allows you to target minorities in your own area.

Many countries have large subgroups with their own languages, cultures, and skyrocketing purchasing power, such as the Latino market in the USA. Creating localized websites for these groups helps you solidify your presence and boost sales in your own area.

12. Localization maintains brand image and voice across cultures.

The problem with straight translation is that it doesn’t consider cultural differences and doesn’t always maintain your branding message. Localization is better than translation because it considers communication, sales incentive, design, layout, and programming specific to each culture and area, so you don’t lose the integrity of your brand across languages.

13. You become a local business.

Localizing your website turns you into a local business, which boosts conversions because many people want to buy locally, you get more traffic from local keywords, and you have an easier time building brand awareness.

14. Localization makes your local marketing stronger.

When you have a website specific to a certain area’s language and culture, your local internet marketing efforts (including search engine optimization, directory listings, and social media) benefit from having a local resource to point visitors to.

15. It makes you more trustworthy and credible.

By using the area’s local slang, idioms, metaphors, and figures of speech, you can communicate with your target customers more easily and directly, reducing confusion and boosting your own reputation.

16. Localization appeals to more customers.

Most web users don’t buy products online in a language other than their own. By offering them that option, you attract more prospects and close more sales.

17. It means fewer abandoned carts.

Programming can be as much a barrier as language or culture. Localization includes proper programming to prevent backend problems such as forms that make it difficult to input personal and payment info. Fewer problems means more closed sales and higher average order value.

18. Localization makes payment easier.

When you enable local credit cards, shipping and tax codes, and buying practices, your localized websites attract customers that would shop elsewhere otherwise, boosting your ROI, conversions, and revenue.

19. It increases local sales.

Offering products, support, FAQs, and other information in your customers’ native languages makes them more likely to buy from you because they have all the information they need in a format they understand to make an informed purchase.

20. Localization increases revenue.

Most consumers care more about language than price. So even if they know they can find a product cheaper somewhere else, they are more likely to buy from you at full price if you have a localized website for them.



Friday 30 May 2014

Impact of Design on Conversions (InfoGraphic)

Here are 8 important tips to increase your conversion rate only by landing page (re)design: 

  • Let your primary conversion target dominate the page.
  • Test using an impactful and contrasting photo as your hero shot, and mirror the palette choice and contrast levels on your CTA (Call 2 Action) to draw a parallel and guide the visitor from the emotional element to the conversion goal.
  • Use photography of people or animals on your landing page and have them stare directly at your CTA with either the angle of their head or their eyes (in a closeup).
  • Go a bit punk and try something radical on your landing pages.
  • Use strong dynamic shapes to constrain your points of interest.
  • Call attention to your most important page elements by using strangely placed and angled arrows. Tie a sequence of arrows together to define a path for the visitor to follow, ending at your CTA.
  • Design converging lines to draw people to your Call To Action. Triangles are the most dynamic of all shapes, and their natural tendency to point make them a special design tool (in the same way that an arrow is a more intricately designed pathway).



Source: Unbounce

Tuesday 29 April 2014

Top 25 Review/Citation Sites to Submit Your Local Business


The top 25 review/citation sites to submit your business contact information to. Accuracy and consistency is vitally important.

  1. Google+ Local
  2. Yahoo Local 
  3. Bing Local
  4. YP.com
  5. Yelp
  6. Manta 
  7. Show Me Local 
  8. Merchant Circle 
  9. SuperPages 
  10. Mojo Pages 
  11. EZ Local 
  12. Angie’s List 
  13. HotFrog 
  14. Foursquare 
  15. Chamber of Commerce 
  16. yellowbot.com 
  17. kudzu.com 
  18. brownbook.com 
  19. B2B Yellowpages 
  20. Directory Central  
  21. MapQuest 
  22. Local.com 
  23. Dexknows.com 
  24. Citysearch,com uses Express Update 
  25. nSphere 




Thursday 19 September 2013

Mobile Marketing FutureTrends Infographic

There are 1.2 Billion people accessing the web with their mobile devices whether they are smartphones, tablets, or a regular phone with a browser. Did you also know that 58% of people who own smartphones have used them for store-related shopping? It’s no surprise that ecommerce and brick-and-mortar companies are all working hard to bring mobile shopping options to their customers.

The real question is: are you leveraging mobile technology?

It’s estimated that 63% of people expect to do more shopping on their mobile devices over the next couple of years. As mobile shopping continues to rise steadily in popularity, it’s important for you to stay ahead of the game in order to maintain relationships with your customers to make sure they keep coming back for more.

With Black Friday just around the corner, now is the time for businesses to learn more about how their customers will be shopping this holiday season. My hopes are that the following infographic convinces you to leverage mobile devices:

Infographic Source: http://www.quicksprout.com/2013/09/19/why-all-marketers-should-be-thinking-mobile/?display=wide