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articles: Online Marketing Trends

Why the Golden Rule Should be Your Marketing Weapon of Choice

Marketing Ninja Marketing on the web can be very overwhelming. With so many websites out there, it seems impossible to get your name out there to everyone. There are entire books dedicated towards managing your reputation online. You can check Google alerts on your company constantly. You can be in every forum and at every conference. If your customers don’t like you, they will spread the word about your lack of care well beyond your own control.

Why is abiding by the Golden Rule more important than ever?

  • According to a study conducted by TARP, a company specializing in the advantages of interaction, the average dissatisfied customer tells twice as many people about his or her negative experience than a happy one. This perhaps is not fair, but it is the unfortunate reality.
  • There are also more means for merchants to express their dissatisfaction than ever before. If a customer had a negative experience in your store prior to the internet, he or she just told friends how bad it was. Now, customers can write blogs, talk in forums, join social networks, or microblog using services like Twitter. The marketer can interact with customers more than ever before, but so now can other consumers. If you offer amazing service, praises of you could spread before you can even build the infrastructure to support it. If you aren’t paying attention, words of your misdeeds or even perceived misdeeds could be all over the internet before you know it.
  • Employees are also enabled by the social web. Are you fair and honest with your customers? Do you treat employees well and give them the tools they need to succeed? Short from legal means, there is no means to control what your employees say and do not say about your company.

You can try and control what is and is not said about you, or you can face the inevitable fact that the social web exists. Offer your customers a product or service that improves their lives. Seek honest feedback. If they leave happy, you can ask them to help spread the word.

Michelle Greer, Marketing Specialist
michelle_greer(at)volusion.com
http://www.volusion.com

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Outfox the Herd by Using Peripheral Marketing

abe lincoln Major retailers like Kohl’s, JC Penney’s, Bath and Body Works and Macy’s are all currently having Presidents’ Day Sales. As tempting as it can be to use Honest Abe and George Washington’s endorsements to hock t-shirts, body spray, or electronics, it can prove quite difficult to avoid getting lost in the messages that tell us there is no

better way to celebrate our finest presidents’ birthdays than to spend lots of money.

How do you make sure that your efforts to capitalize on events and holidays actually stand out? Rohit Bhargava, the Senior Vice President of Digital Strategy and Marketing at Ogilvy Public Relations and writer for the Influential Marketing Blog, recommends using “peripheral marketing”. Peripheral marketing does not capitalize specifically on an event. Rather, it focuses on being “peripheral” to the event that all other marketers aim to dominate. For example, rather than being just another beer among many beers advertising during the Super Bowl, Miller High Life focused on the time after the Super Bowl. This particular ad, which pokes fun at the ad spots that aired during the game, did not cost $10.4 million (the cost of a two minute spot during the big game). It became quite an effective viral video though:

http://www.youtube.com/watch?v=bEtBKJ6J1Kc

Plenty of marketers pushed snacks and party goods before the Super Bowl. Others paid millions to be seen as the cleverest during the Super Bowl. Miller appeals to our need to rate all of these ads after the Super Bowl. Everybody does it so we can all appreciate the ad. Miller just paid pennies on the dollar and came out with a much better ad than most of the others (the lizards with Naomi Campbell comes to mind) by using a clever idea at the right time.

Did you rate the Super Bowl ads? Will your customers be rating celebrity Oscar dresses? Are they ramping up for Spring Break soon? Using peripheral marketing will save money and ensure your business is set apart from the herd.

Michelle Greer, Marketing Specialist
http://www.volusion.com

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Is the Potential Microsoft/Yahoo Marriage on Your Small Business Owner Radar?

micrahoo

It should be.

Microsoft offered $44.6 billion to acquire Yahoo. Although former Yahoo CEO Terry Semel did not heed much attention to Microsoft in past years, the two companies are currently in talks as to how and are evaluating how this merger could benefit both parties. Expedience is an issue, as Microsoft is eager to beat Google to both the Chinese and mobile markets.

This is all very fascinating stuff if you are a tech savvy investor, but the potential of Microsoft swallowing Yahoo will also affect every small business owner choosing to sell or advertise on the web. Here are some of the issues that will come into play:

Search Engine Optimization:
Google currently has a 77.1% market share of the search engine market. Yahoo has 12.23%, a decrease of last year’s figures, and MSN has a paltry 3.43% of the market. MSN has often been regarded as a backyard for SEO spammers. Would Microsoft adopt Yahoo’s technology which is regarded as superior to their own and make it the default search engine when you initially open an Explorer window? Would Google still continue to gain market share as it has continued to do through the years? Considering Google and Yahoo use different algorithms, knowing what search engine your potential customers are using and how to adjust can be important in gaining exposure.

Search Engine Marketing:
Microsoft offered $240 million in order to sell ads on Facebook. It is obviously interested in selling ads online. By purchasing Yahoo, it will have access to sell ads on all of Yahoo’s websites, including popular sites like Yahoo News, My Yahoo! and the world’s most popular website, www.yahoo.com. Look for online advertising to get more complicated if Microsoft puts more money into its content networks to compete with Google.

Services:
Do you want Bill Gates and Microsoft shareholders to build your online store, host your photos and email, help you find employees, or list your products in comparative shopping sites? Yahoo owns a considerable amount of online services, and Microsoft does not have much of a track record of creating successful services on the web. Although the Microsoft culture is regarded as more open than the culture at Yahoo, it is up in the air on how this purchase will affect all of Yahoo’s interests.

Look for Google and the EU to continue to challenge this move as monopolistic, with any delay only helping Google.

Michelle Greer, Marketing Specialist
www.volusion.com

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Online Spending Trends: Gucci and Prada are In, Microsoft and HP are Not

What are people buying online these days? According to an article in ecommerce-guide.com, more online shoppers purchased apparel than computer hardware and software last year. This was the first time that apparel, footwear and accessories had surpassed the huge market for computer hardware and software, with sales reaching a staggering 18.3 billion dollars.

Who are these customers clamoring for the latest Jimmy Choo shoes and Burberry scarves? The majority are educated, early-adopter females who are liberal in their spending habits. According to a Forresters Study,“On average, online purchasers of apparel, footwear, and clothing accessories have spent $720, $790, and $860, respectively, online during the past three months, distancing themselves from the more conservative spend of $550 for a typical Web buyer.”

How can you capitalize on these spend-happy, tech savvy online shoppers? Read Michelle Megna’s tips for selling apparel online. If you don’t have an online store already, sign up for a trial of Volusion’s award-winning ecommerce software that offers features such as customer reviews, color swatch functionality, and wish lists.

–Michelle Greer, Marketing Specialist
http://www.volusion.com

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Finding the Most Useful Comparative Shopping Sites

Increasing exposure to your site by using comparative shopping sites is good. However, sorting through the dozens of comparative shopping sites can take time, especially if you are trying to find the ones with the best traffic. According to http://www.ebizmba.com, an informational site about eBusiness, here are the most popular bargain hunting sites based on inbound links, traffic, Alexa Rank, and U.S. Traffic Data:

1 | BizRate.com
28,129,641 - Inbound Links | 14,117,053 - Compete Monthly Visitors | 17,000,000 - Quantcast Monthly Visitors | 750 - Alexa Ranking. | Page Rank: 8

2 | Shopzilla.com
7,484,663 - Inbound Links | 10,005,087 - Compete Monthly Visitors | 13,000,000 - Quantcast Monthly Visitors | 1,930 - Alexa Ranking. | Page Rank: 7

3 | DealTime.com
13,005,416 - Inbound Links | 8,712,971 - Compete Monthly Visitors | 10,000,000 - Quantcast Monthly Visitors | 829 - Alexa Ranking. | Page Rank: 8

4 | ShopLocal.com
21,062,762 - Inbound Links | 7,071,499 - Compete Monthly Visitors | 7,200,000 - Quantcast Monthly Visitors | 1,519 - Alexa Ranking. | Page Rank: 8

5 | PriceGrabber.com
15,151,276 - Inbound Links | 4,592,123 - Compete Monthly Visitors | 4,700,000 - Quantcast Monthly Visitors | 915 - Alexa Ranking. | Page Rank: 9

6 | CoolSavings.com
268,706 - Inbound Links | 7,968,496 - Compete Monthly Visitors | 9,500,000 - Quantcast Monthly Visitors | 4,119 - Alexa Ranking. | Page Rank: 6

7 | Coupons.com
2,409,646 - Inbound Links | 6,721,044 - Compete Monthly Visitors | 3,600,000 - Quantcast Monthly Visitors | 7,679 - Alexa Ranking. | Page Rank: 6

8 | Smarter.com
575,048 - Inbound Links | 8,421,414 - Compete Monthly Visitors | 2,400,000 - Quantcast Monthly Visitors | 2,934 - Alexa Ranking. | Page Rank: 7

9 | MySimon.com
22,650,563 - Inbound Links | 1,066,415 - Compete Monthly Visitors | 1,100,000 - Quantcast Monthly Visitors | 8,071 - Alexa Ranking. | Page Rank: 8

10 | SlickDeals.net
172,617 - Inbound Links | 736,266 - Compete Monthly Visitors | 425,417 - Quantcast Monthly Visitors | 1,395 - Alexa Ranking. | Page Rank: 6

11 | CouponCabin.com
75,642 - Inbound Links | 886,796 - Compete Monthly Visitors | 602,278 - Quantcast Monthly Visitors | 18,471 - Alexa Ranking. | Page Rank: 6
12 | eBates.com
92,107 - Inbound Links | 568,911 - Compete Monthly Visitors | 610,483 - Quantcast Monthly Visitors | 13,856 - Alexa Ranking. | Page Rank: 6

13 | DealNews.com
235,745 - Inbound Links | 481,436 - Compete Monthly Visitors | 338,904 - Quantcast Monthly Visitors | 6,856 - Alexa Ranking. | Page Rank: 6

14 | DealCatcher.com
123,169 - Inbound Links | 459,882 - Compete Monthly Visitors | 229,984 - Quantcast Monthly Visitors | 14,421 - Alexa Ranking. | Page Rank: 6
15 | PriceRunner.com
1,479,829 - Inbound Links | 288,667 - Compete Monthly Visitors | 442,121 - Quantcast Monthly Visitors | 5,555 - Alexa Ranking. | Page Rank: 7
16 | FatWallet.com
327,773 - Inbound Links | 350,440 - Compete Monthly Visitors | 264,038 - Quantcast Monthly Visitors | 1,647 - Alexa Ranking. | Page Rank: 6

17 | Geeks.com
304,455 - Inbound Links | 278,645 - Compete Monthly Visitors | 306,703 - Quantcast Monthly Visitors | 8,015 - Alexa Ranking. | Page Rank: 6

18 | woot.com
259,568 - Inbound Links | 317,680 - Compete Monthly Visitors | 187,425 - Quantcast Monthly Visitors | 1,573 - Alexa Ranking. | Page Rank: 7

19 | BensBargains.net
126,817 - Inbound Links | 108,102 - Compete Monthly Visitors | 67,778 - Quantcast Monthly Visitors | 10,479 - Alexa Ranking. | Page Rank: 5

20 | Google Products
54 - Inbound Links | NA - Compete Monthly Visitors | NA - Quantcast Monthly Visitors | NA - Alexa Ranking. | Page Rank: NA

Want to set up feeds to comparative shopping sites? If you are a Volusion customer, check out the instructions for setting up third party feeds.

–Michelle Greer, Marketing Specialist
http://www.volusion.com

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