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Eppie's Editorial
This month we are featuring two articles from Entrepreneur Magazine. Get In Tune. gives some great ideas for "Opt-Ins" on your Website. This is such a "Timely" article. I was so excited to share it with you, that in fact, I pulled it from this Month's issue of Entrepreneur!
Our Feature Article, Price Comparison's explains how a Price-Comparison Search Engines can help your Interntet business. Search Engines like MySimon.com are quite popular with Consumers. So, get the "skinny" on how these SE's can benefit you.
Finally, I'm sure your wondering where the "promised" Instructional Materials are. We've been working on them, but only in our very limited spare time. Our first priority, of course, is developing websites. However, we have been diligently creating, editing, and fine tuning both the Instructional Phamplet and a "Presentation" burned onto a CD. We could have delivered the Phamplet a couple weeks ago, but wanted to fine-tune it a bit more. Afterall, we want you to receive the best possible instructional materials we can provide. Anyway, the projected deadline this time is the end of May. So, Keep Your Fingers Crossed!
Sincerely,
Eppie Adams
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What A Site!
www.realbulletkeychains.com
A Division of Mid-South Marketing, based in Hooks, Texas, www.RealBulletKeyChains.com offers just that--Key Chains made from Real Bullets. These novelty keychains make great gifts for Hunters, Gun Enthusiasts, and Outdoor Sportsmen.
A wholesale site is also available by visiting www.bulletkeychains.com. If your looking for a great promotional or give-away item, try a "Bullet Key Chain".
Important Bulletins
The following are FYI NOTICES for all CEWebsite Clients.
Domain Registrations: In the past few months, several CEWebsite Clients have recieved Domain Renewal Invoices from "Domains of America". If you have received this e-mail, fax, or letter, please forward it to us at cewebsites@mybluelight.com .
Please, DO NOT pay for the domain renewal. CEWebsites covers all your Domain Renewal Fees (unless otherwise specified--such as for multiple Domains). This is part of our Services. Payment to "Domains of America" or any other such company not only is wasted money, but can cause difficulties in managing your site.
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Important Bulletins (Cont)
Search Engine Submission Services: This is another marketing tactic that you might receive. Most offers seem too good to be true--and usually are. For Example: Paying an annual fee of $30.00 when most if not all the Search Engines to be submitted to offer free submission.
Again, Search Engine Submissions is a Service automatically provided by CEWebsites. We submit your site to all the major SEs (which provide free submission services) roughly every 6 months. We also routinely research additional SE and directories specific to your industry or product. We than either submit your site to these entities or if they are a Paid Inclusion SE or Directory pass this information on to you.
If you receive offers for Search Engine Submission, please forward them to CEWebsites. We will review the offer for you. We will let you know if the offer is a redundant service of what we already provide or something different. If Search Engine Placement is a priority for your company, please contact us and we will provide you with several avenues to pursue.
Finally, CEWebsites serves you--our Clients. Our concern with "Domain Renewals" and "Search Engine Submissions" is to not replicate services we already provide. However, we recognize that ultimately the final decision is yours. So, we try to provide you with carefully researched information to help you make informed decisions concerning your Website.
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Feature Article
Price Check, Please
Net Profits: Shopping Around for a New Way to Attract Clients?
Try Joining a Price Comparison Site.
Especially in today's economic climate, netpreneurs are always looking
for creative ways to find new customers. Many have found success by joining
price-comparison sites such as BizRate.com, DealTime.com, ePinions.com, MySimon.com and
PriceGrabber.com
Most of these sites use e-commerce robots, or bots to scour a myriad of
Web sites in order to list price comparisons on everything from books to digital cameras.
They also allow merchants to sign up and pay for their listings. In general, paid listings
usually get better placement.
Some sites offer even more than just price comparisons. Many also help
shoppers determine the best merchant for a product or service based on reputation, product
availability and service. Some also aggregate customer feedback to generate merchant
ratings based on quality, delivery and other customer service metrics.
Comparison sites are free and easy for shoppers to use, and they operate
much like search services. The sites don't sell anything; instead, they simply link
shoppers to the places that do. The best part is, comsumers are visiting these sites in
droves. According to a 2001 Jupiter Media Metrix hokiday consumer survey, 30% of
respondents said they expected to visit a comparison-shopping site during the holiday season.
"These sites are widely used, and traffic to these sites has been
growing fairly dramatically over the past two years," says Ken Cassar, a senior analyst at
Jupiter Media Metrix. "They're easy to use, [they] put on a lot of information in one place,
and [they] make it easy for people to comparison-shop." In fact, the most popular
comparison-shopping sites say millions of consumers visit them regularly every month. As a
result, analysts say these sites are perfect customer-acquisition tools for netpreneurs.
"Comparison sites are ideal for small companies that can ship products
nationally and that are trying to acquire market share," says Cassar. "[These sites]
regularly expose them to millions of prequalified, ready-to-buy shoppers. There is really
nothing but an upside."
Sites to Behold
One company that uses comparison sites is Zappos.com, an online shoe store with more than
120 well-known footwear brands. Co-founded in 1999 by Nick Swinmurn, the San Francisco
company raked in $10 million in 2001 and expects sales to reach $30 million this year.
According to Swinmurn, 29, Zappos.com gained a competitive advantage by
joining Bizrate.com and MySimon.com in 2000 and DealTime in 2001. "The sites make
Zappos.com visible to the shoppers using them and ensure we are visible to
comparison-shoppers," he says.
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Incomparable Value
While the sites themselves--and how they work with their merchant partners--are very
similiar, there are subtle differneces between them. Bizrate.com's unique draw, for
example, is its proprietary merchant rating system based on real consumer feedback.
DealTime.com lets consumers sort their searches by store nqame, store rating, and price.
PriceGrabber.com's home page design speeds comparison shopping by showing the best price
for the most popular items, while MySimon.com allows one-click comparison shopping for
popular items.
Although Swinmurn says these sites work especially well for price-driven
businesses, they can also work for retailers like Zappos.com that aren't discounters.
"It helps us get our neame in front of people and show off the fact we have a better
selection than our competitors, who are primarily discounters," he explains.
Cassar says the only sites potentially threatened by comparison sites
are established dominant companies like Amazon.com "Comparison sites can alert customers
to other companies with less expensive products," he says.
Moreover, Cassar says these sites work well for growing businesses, even
if those companies aren't able to offer the lowest possible price. "The fact is, consumers
tend not to buy from the lowest-priced merchant," Cassar explains. "They'll shop with [the
merchant with] the lowest-price reputation. [When] consumers see that your prices are
competitive with--or maybe a bit higher than--a national retailer, they may still be
inclined to purchase your product."
Dare To Compare
Especially for growing businesses, comparison sites also offer virtually risk-free
exposure--after all, retailers only pay to participate when an impression is generated.
"Most sites have a cost-per-click pricing model, so merchants do not have pay unless
someone comes to their site," says Cassar. "The only risk is that a shopper will come to
your site and not purchase something." Some merchants set price caps as well to ensure
they don't spend, say, more than $1,000 on the service per month. When customers have
logged enough clicks to equeal that amount, they get pulled from the site. In general, it
breaks down to companies paying about 10 cents to $1 per click; there is usually a nominal
set-up fee as well.
Still, Swinmurn says comparison sites aren't Zappos.com's primary means
of finding potential new customers. "We do a lot of advertising online, and we believe
it's best to use a mix of marketing and advertising techniques [in addition to]
customer-acquisition tools," Swinmurn says, "Comparison sites aren't our best-performing
tools, but they're not our worst-performing, either."
Moreover, comparison sites alone shouldn't be looked upon as a
customer-acquisition panacea, according to Swinmurn. "To stand out on comparison sites,
you must diffentiate yourself from the competition, whether it's through pricing or by
having the largest selection," he says.
Whether you decide to use them or not, comparison sites can offer
growing businesses a major advantage: the ability to compete with larger, more established
competitors on a basis other than name recognition.
By Melissa Campanelli; August 2002; Entrepreneur Magazine
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Tips & Facts
Get In Tune
Keep Your Site Visitors Dialed In and Buying.
You're practicing good opt-in etiquette by asking for permission to
contact site visitors: "Check here if you'd like to receive special offers via e-mail."
But with this yes-or-no style of permission marketing, you're losing sales opportunites.
Instead of an on-or-off option, why not offer a "volume dial"? Let visitors choose the
degree of communication they want from you, and more will tune in to get your e-mail.
It's becoming harder to get consumers to accept opt-in offers.
Unsolicited e-mail, also known as spam, discourages people from subscribing to e-mail.
Nobody wants their e-mail address passed on to companies that send spam. A 2002 study by
MessageLabs, an e-mail security company in the UK, found 1 in every 12 e-mails was spam.
It's no wonder customers are leery.
Plus, there are simply more opt-in offers available today--leading to
opt-in overload. You can still offer an opt-in program, but if people aren't signing up,
try the following:
Offer a One-Time E-Mail . Customers are
more likely to accept a single e-mail from you. If it's a good coupon, a free report or a
newsletter, they'll opt in for more. Let them know they'll receive the e-mail within 24
hours and have the option of subscribing at that time. Use an auto-responder to automate
the process.
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Include Special Offers . When customers
place an order, you have two opportunities to communicate with them through e-mail:
payment confirmation and shipment notification. Both are great occasions to include a
coupon or a newsletter tip, and then request sign-up. Customers are now receptive. Remove
or revise the second offer for customers who do subscribe the first time. Otherwise,
they'll get teh offer twice and may become irrated.
Address Their Concerns . If you don't sell
or distribute customers' e-mail addresses, tell them so. Also state how often you will
send e-mail. These two simple actions will encourage your Web site visitors to say yes.
Take your sign-up process one step further by providing a "double opt-in." This means
sending subscribers an e-mail inviting them to confirm their subscription.
A few years ago, I subscribed to Garden.com's on-line newsletter. Each
colorful HTML e-mail included a substantial savings on seasonal plants or flowers. I
bought several flower bulbs from those e-mails. And I'll confess: I didn't even have a
garden or a backyard. but the newsletter didn't come too often. Nor did I notice a flood
of spam from other companies after subscribing. And the photos showing beautiful flowers
at exceptional discounts sold me. Your opt-in program can generate sales, too.
Opt-in e-mail is a low-cost way to reach customers and site visitors.
And it works. According to a 2001 study by Opt-in News, 50% of participants claimed
they were more likely to buy on-line from opt-in e-mail. Of the survey participants, 37%
preferred newsletters, and 13% chose direct e-mail. These statistics indicate they are
willing to listen; we just need to encourage them to dial in.
by Catherine Seda; Entrepreneur; May 2003
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