Archive for Web Marketing
Top 10 Retail Websites by Conversion (Dec. 2007)
Posted by: | CommentsVisiting MarketingCharts.com to find data on one specific area can be as deadly as opening a bag of Ruffles with the intention of just eating one chip: before you know it, it’s an hour later and the whole bag is empty.
In my most recent visit to the buffet, I came across their chart for the Top 10 Online Retailers by Conversion Rate. Conversion is what it’s all about, which makes this list extra special. Here is the list of companies, with my admittedly first glance reaction to why and how they made the list.
- The Popcorn Factory: They’ve done a great job of making popcorn a popular gift (especially if it’s sugary or cheesy), and it’s become a favorite corporate gift (just think of how many tubs of popcorn you see around the office come Christmas-time). Plus, just based on their current site, they have clear and urgent calls to action.
- L.L. Bean: The crowning jewel of catalog marketing, it’s apparently translated well into online sales. No doubt that a majority of the shopping is still done via printed catalog, and orders are then placed online, which might explain for the high conversion.
- Abebooks: I must admit that abebooks.com has been virgin territory for me until this chart prompted me to check it out. It seems to be a great site for buying and selling books, with its M.O. being that you get access to what 13,500 booksellers are peddling – Abebooks just handles the order. It appears that the cash cow for them is textbook selling, as their traffic and obviously conversion rise and fall with the beginning and ends of semesters.
- Hollister Co.: This is what you might call the Abercrombie of the web. Surfer clothes and hip jeans abound on this college-targeted site.
- Amazon.com: Hey, it’s Amazon. What more do you have to say?
- Land’s End: I like this site’s design. Clean and clear, people know what they’re going to Land’s End for. Again, another direct/catalog-driven business model.
- Coldwater Creek: Clothing for women, which is code for I really have no authority to even attempt a description. Except they, too, appear to be catalog driven.
- QVC: The darling of the home shopping world, QVC sells anything, but they appear to thrive in fashion, beauty and clothing. Their business model drives sales via 6-minute infomercials all day long, driving people to the phones and to the web. Through some of my own experiences with them, their minimum goal is for each segment to drive $50k in sales. Now that starts adding up.
- Cabela’s: The world’s foremost outfitter is also one of the foremost drivers in website conversions. Originally driven by one store in Colorado (or was it Nebraska . . . ) and catalogs, they’ve expanded their retail outlets and are going head to head with Bass Pro Shops. Their traffic charts show a huge spike in December, translating into it becoming a new no-brainer gift haven for Dad come Christmas, as well as the online favorite over Bass Pro.
- Gymboree: I’m not sure exactly how they drive traffic, but my guess is via gift registry for new babies. The web has definitely made “shower-shopping” a much more pleasant event.
A few overall observations:
- Looking at the types of companies in the top 10, I don’t think there’s any question that communication tools outside of the web such as catalogs and TV shows are making web sales easier. Which makes sense, considering that these people are visiting your site with the purpose to purchase, not to shop. The catalog has already convinced them of what they need, so now they prefer the simplicity of the web to seal the deal.
- Knowing that visitors are coming to the site with a clear purpose in mind (e.g., “I want that dang fishing pole”), the up-sell/cross-sell potential on these site must be huge . . . if it can be made seamless.
- Traffic varies on these sites, from the Popcorn Factory logging in just over 50k visitors in December, to Amazon racking up more than 60 million. At a 17.6% conversion rate, that means Amazon got a minimum of 10.5 million orders in December alone!
Video Advertising is Not TV Advertising on the Web
Posted by: | CommentsJust read an article by Rory J. Thompson on advertising during online video content in BrandWeek discussing how video content is “expected to grow the fastest in 2008, according to eMarketer, New York.”
Makes sense, but this quote by Kris Oser, direcotr of strategic communications at eMarketer, doesn’t:
“Mainstream advertisers are more comfortable with traditional ads, but they know eyeballs are moving online. Creating commercials is something they understand. Now they can just do them online.”
What we marketers often misunderstand is that a new medium (in this case, the web, and specifically social media/web video) doesn’t just give you a new joint to post your product, but it also requires a whole new approach, and maybe a whole new product.
FDR’s fireside chats were revolutionary because it was a new thing optimized for the medium (the radio).
JFK’s TV debate with Nixon was revolutionary because it was a new approach to campaigning that fit the medium (TV).
The only Ron Paul is still involved in the current presidential race is because of how his revolutionist message fits his revolutionist audience who can easily find him on the new medium (the web).
Seth Godin is appropriately calling this misunderstanding a Meatball Sundae these days, which feels about right (it’s a pretty good book – give it a read/listen).
You can’t just throw traditional commercials online and wait for them to work. There’s a reason we fast-forward through them on TV now – we don’t want to watch them.
You need a new approach to how you make commercials specifically for the web.
Web Views and Traffic Mean Nothing
Posted by: | CommentsJust because something is easy to measure doesn’t make it the most important thing to measure.
Both Ron and Fleet Street PR have interesting rants on the overreaction to views of viral video campaigns, questioning if the views really mean that much. And if they don’t, what does?
Here’s my take: Views mean something only in that they are a prerequisite to what you’re really wanting. That might seem like an overly simple statement, but it’s true. It’s a step in the right direction, but in and of itself, views and traffic mean nothing.
Exposure can only expose. It’s what’s revealed thereafter that prompts a response.
The thing to measure is what people do with that view. Do they click for more info? Do they make a purchase? Do they email it on to friends? Do they post it on a blog? Do the people they share it with seem like likely candidates to purchase? Do they leave a comment proclaiming how much they disliked it? Do they watch the whole video, or do they close it down 7 seconds into it?
All of that is a lot harder and more tedious to track than views. That’s probably why it doesn’t happen much. But it’s not impossible. Drill down into your analytics and see what you can figure out.
More importantly, figure out what really determines success to begin with. Popularity meant something in high school; it means a lot less in business. What’s going to actually make a difference for your business? Referrals? Purchases? Comments? Then measure that. Too often, those involved don’t remember what it is that matters; they just start making a big deal out of what is happening (like high traffic) and start talking up its importance. Bad move.
Quality will always outperform quantity. Always. Which means you’ve got a lot more to measure than traffic. Start asking if it’s the right traffic. Then ask if you’re getting the right reactions. And when you’re not, do something about it other than just getting more traffic.
“Coming Soon” = Not Our Specialty
Posted by: | CommentsI stumbled across this New Jersey marketing company’s website as I was surfing tonight. I think it is a pretty informative site that explains the company well until I clicked on this link about PR.
In case you didn’t click it, it just says “coming soon.”
Every other menu item contains a full description on the area of marketing expertise the company provides. Market research. Strategic Planning. Even Commercial Printing.
But not Public Relations.
So, do you hesitate at all in trusting these guys with your PR needs? I do. If anything, the “coming soon” tells me that PR is what they are the weakest at. In fact, my guess is they’ve just thrown it in there because it rounds out their services; it’s expected of a “full-service” marketing company.
My advice: Write something about how you approach PR fast (I mean, isn’t this kind of a PR opportunity for your company?) or don’t build the webpage.
Better advice: Just drop it altogether. If it’s not your area of expertise, let it go. My impression is you’re really good at the other stuff, so leave it at that. Find someone to refer your clients to. It will actually make you more valuable to them, not less. Providing services that you’re not an expert in is what lowers your value.
Related posts on Brett’s Blog
What’sInAName.com?
Posted by: | CommentsThanks to Seth for the reference to this post by Aaron. He’s got some great tips on the do’s and don’ts of choosing a URL.
Here are my pet peeves to URL naming (most of which Aaron covers on his blog):
- No dashes, underscores, hyphens, or anything else that has to be explained. There’s nothing worse than someone telling you to enter a symbol into the URL. It’s often too confusing, definitely too hard to remember when you’re just hearing it, and it’s aesthetically short of optimal.
- Don’t make it hard to spell. You might have a really cool domain name, but if I have to ask you how to spell it, you might want to think twice. No offense, Seth, but I have this problem with Squidoo.com. Every time I suggest it to someone, they always ask me to spell it. However, you’ve obviously overcome that (it’s a great site).
- Use capital letters at the beginning of each new word. Thisistoohardtoread.com. ThisIsALittleEasier.com.
- Keep it simple. Yes, most of your traffic will come via links, so some of this doesn’t even matter. But, if you want people to talk about it, write about it, etc., keep the name simple. For example, I’m dying to get my hands on Brett.net. Unfortunately, someone’s already got it (although they’re not using it), and I’m not yet willing to pony up for it. But it’s simple, it’s easy to remember, it’s specific to me – what more can you want?
Trial and Error
Posted by: | CommentsThere is no greater teacher than experience.
This is especially true as you try to get your mind around all the new vehicles and tactics available to us as marketers. You can read about something, learn about something, get blown away by something, but you won’t ever really get it until you try it, screw it up, and then fix it.
That’s why this post over at Buzz Machine is so spot-on. Be sure to hit all the links, but the knockout punch of the whole post is the quote by Richard Sambrook:
There’s no better way to understand the huge changes sweeping the media than getting your hands dirty online. It’s fallen to us to reinvent the industry and we won’t do it with heads in either the sand or the clouds…
The Vodoo That You Do So Well
Posted by: | Comments
I read this post by David and it got me thinking:
It’s too dang hard to keep up the Joneses of marketing and business.
Every time I turn around, there’s a new tactic, tool, software, myth – SOMETHING that’s better than anything else before it. It’s happening at almost a daily rate.
And it makes me want to not do anything, cuz I know there will be a better (or more popular) way to do it tomorrow.
I confess, I have no idea how to use Twitter for business. Or Facebook. I’m sure I could figure it out, but I just haven’t. And that goes for just about anything else.
It doesn’t mean they don’t work. It means they won’t work for me, because I’ll never bother to use them.
So what do you do? You accept that maybe you won’t use the Silver Bullet of the week and stick with the method that you’re confident in and comfortable with. It’s better to use something that’s not the latest than to not use something that is.
Weekend Reading, July 13- July 15
Posted by: | CommentsSome nice links I ran across over the weekend. In no particular order, of course:
- Will work for tattoos: The Happs has a nice set of links here, including an interesting read on tattoos and your job hunt. I wonder if it would help your chances to tattoo your potential boss’s name?
- Lost producer making a movie: My man Frank seems a bit obsessed with JJ Abrams’ upcoming movie, apparently due out in January. I’m a little behind on all the buzz, but Frank’s not. Here are all the posts he’s written on it so far.
- The most promising Presidential candidate yet: Have you heard of Ray Hopewood yet? You will. He’s got a lot of money and he’s making a beeline to the election polls, as you can see here on My 2 Cents.
- Stop counting Page Views: Nielsen is scrapping page views as a key measurement for a website’s popularity and giving more weight to time spent on a site. Thanks to both Steve and Raesea for pointing the way here. If getting people to spend more time on your website is the new goal, how will that change design? I guess the first question to ask, though, is do you care what Nielsen thinks? What is has done is miraculously made AOL a bigger website than Google, which you can see here at the Marketing Hipster.
- Homemade Light Saber: Good friend and frequent commenter John Harris has figured out how to make his own light-saber. Pretty dang impressive – and entertaining.
- Great new design blog: Here’s a great designer who has started a new blog that I think is going to be pretty cool. The lead-off post contains “Maxi Pad” in it, so you know you’ve found something fresh (pun intended).
5 More Tips on Purchasing Domain Names
Posted by: | CommentsToday’s guest post is handled by David, also known as the Jack Bauer of Search Engine Optimization. David often freelances for Raesea Internet Marketing and has 5 more tips here on purchasing a domain name. See his original 5 here.
- Don’t go with the misspelled domain name.
One strategy that people use is to go with a domain name that is misspelled like laons.com. Do you really want this as your homepage? Do you want your business to be based on a word trick? Yes, it might work but the chances are slim and it might be a big waste of time. - Don’t be afraid to go with a short word that doesn’t relate to your business.
We’ve all seen examples of this and how it does work for other businesses. Think about Amazon, Google,Yahoo, etc. They are easy to remember and easy to type. - Purchasing a domain name of a famous person doesn’t always payoff.
This used to be a profitable business strategy. Using a famous persons name as a domain name and then trying to sell it to them. Lately, we have seen where celebrities are just buying something close to that instead and leaving you with nothing. - Don’t use that extra word.
Be careful about purchasing that domain name jklj;now.com or jklj;live.com. Users typically forget to type the now or live and end up visiting a competitor’s site instead. - Don’t spend hours and hours thinking about a domain name. It’s not the end all. Put some thought into it and search around but don’t think you have to pick the perfect domain name because honestly there isn’t a perfect domain name out there.
Want 5 more tips? Here they are.
Internet Marketing is Dead
Posted by: | CommentsA friend was telling me last night that he and his partner were trying to shift the focus of their company from being just a web design firm into more of an overall internet marketing firm.
[digg=http://digg.com/tech_news/Internet_Marketing_is_Dead_2]
Two things struck me when he said this which I’ve never really thought of before.
- “Internet Marketing” and all its variations are really bogus terms.
I’ve never heard of print marketing, or radio marketing. But since 2000, I’ve heard this term used quite extensively. In fact, I was at one point the Internet Marketing Manager at my company.Here’s why it doesn’t make sense: a marketer markets a product or service, and then we have to employ the right media to facilitate that marketing. And these days, the media must include the web and all the social media beacons that are launching as part of Web 2.0. And while some people really are marketing the Internet (and can therefore really be called “Internet Marketers”), the real successes will rest with those who market something remarkable and use the Internet to do it. - Marketing and design are becoming harder and harder to separate.
Because the Internet is the primary medium, and because it changes quickly, and because it is relatively cheap to use, and because it is so accessible, in many cases, the design of the web tool is as central to the marketing strategy as anything else. So if marketers don’t know a thing or two about design, and if designers are clueless about marketing, you’re going to have problems. The two must be mixed to a certain degree, now more than ever.I think all marketers should become comfortable with some basic HTML, a little DreamWeaver and even some PhotoShop. I’m trying to catch up on those right now myself. In the same way, I think designers should read through or sit in some great marketing speakers, such as Sergio Zyman, Seth Godin or Mark Miller. The companies that are taking huge strides right now in the Web 2.0 world are those led by someone who is equal parts marketer and designer, and that’s going to continue for some time.
Sorry about the ominous tone in the title of this post – I could not help myself.
