What Can Christmas Teach Internet Marketers?
Happy New Year and let’s hope you don’t buy into the doom and gloom sayers and have a prosperous 2009!
So let’s get into my first post of 2009…
The silly season of 2008 is now behind us , however I wanted to share with you my observations as I went about my shopping with the throngs while paying particular attention to the marketing strategies being used amongst the retailers to win business, and how that can translate to online marketing.
Quite obviously, Christmas is a bumper time for retailers as they vie for the largest slice of the pie they can when people are willing to open their wallets and spend. The same can be said for online marketing.
Pay particular attention to these strategies for boosting revenue and customer numbers:
1. The first thing I noticed was the big, bold claims which literally jumped out at me from the shop windows. If the “offer” (like 20% to 50% off everything” was good enough shoppers would be attracted to come into the store and spend. This mirrors the strategy of capturing the site visitors attention with the view to keeping them on your site. So what does this tell you? Make your offer compelling. Words really matter.
Learing to write good sales copy is an art, and it takes time, patience and skill to put together compelling sales copy which converts to sales. Top internet marketers will tell you that long sales copy converts better than short copy. though more and more I see video being utilised to deliver the message (and backed up with written copy). This has a two fold effect by a) drawing in the site visitor by giving the site credibility (OMG.. there is a “real” person attached to this website”, and b) using emotive copy which has an effect on the reader.
2. Another thing I noticed was the “add ons” to lure purchases. Offers like “buy one, get one free”, or additional products which were given free if you brought a certain product. Again this mirrors offering your site visitors your premium product for a fixed price, and then including additional products to entice them to buy your main product.
3. For customers who didn’t know what to buy as a gift, gift certificates were freely available. This is one area I felt could be utilised by Internet marketers to gain additional sales. Why not include gift certificates on your site? Those who are interested in a particular Internet marketing product could let friends and family know that your product/service you are offering is something they would appreciate as a gift and therefore sending a gift certificate to the recipient would give additional revenue.
4. One thing I found which was completely under utilised was the lack of capturing email addresses from the shoppers. At a time where there is an influx of buying customers not once did I come across an outlet which took advantage of increasing revenue by getting their staff to obtain email addresses to send promotional offers to their customers after the sale. I find this lack of awareness by business owners and franchises quite astonishing, as in Internet marketing having a list of prospects (and your best prospect without a doubt is customers who have purchased from you before), is guaranteed money in the bank!
5. The other area I felt was extremely under utilised was “up sells”. Again, not one outlet when I purchased an item promoted additional products at the time of the sale. Maybe the staff had no incentive to sell additional items or just couldn’t be bothered, but without a doubt this is sales going begging. McDonald’s would have to be the king of up sells using their “will there be fries with that?” tag to customer orders. Others call up sells “suggestive selling” and getting into the habit of offering (or suggesting) additional products at the time of sale will significantly increase your revenue turnover. It’s obvious that staff have be trained, or you havr to integrate this trategy into your web site, however with little effort this strategy can be implemented with great results.![]()
One person to bring up sells to the front of Internet Marketing was Mike Filsaime. Mike launched the Butterfly Marketing Script with all the fan fare of a Royal Command Performance, setting the pace for successful Internet product launches. So impressed by the script and the ability to up sell to customers I purchased the script myself (when I purchased it it was significantly less to buy than it is today). You can get a copy of the Butterfly Marketing script by clicking here.
6. Offering a “gift wrap service”. Again, offering a service like gift wrapping at this time goes a long way to show that you care about your customers, and this type opf service can mean the differnece between whether the customer recommends you, or returns for additional sales. Gift wrapping can be brought quite cheaply when you are buying in bulk, and having a person whose sole job is to gift wrap and get email addresses can significantly increase customer perception of your business.
Any online business can offer this service as an “addon” either by charging a small additional fee, or using it as a selling point to increase sales.
7. Last but not least it was plainly obvious that the larger stores started planning well ahead for this time of the year and the additional revenue it would bring. It just makes plain good sense to plan your promotions well in advance to give your business every opportunity to succeed.
I’m the silent avatar… and I have spoken
Did you notice any other areas of marketing which were used (or not used) which impact sales? Let me know by posting a comment.