How Do I Build a Business Plan? (Infographic)

You have a powerful idea for the next big thing, but before you sell it to anyone, you have to get it all down on paper. It’s time to make a business plan.

How do you know if you’re headed in the right direction? Washington State University created an infographic that provides 10 guidelines to help prospective entrepreneurs organize their thoughts and wow potential investors.

The infographic details some major questions that aspiring CEOS need to ask themselves like, what problem is my business going to solve, what’s my company’s mission, and what do we do better than anyone else in the market?

But you aren’t quite done yet. A thorough business plan includes who your target demographic is, the conditions of the market you’re entering into and accounts for worst-case scenarios. And of course, there’s the money: how much you need to get going, and where it’s going to come from once your business is up and running.

Related: A Business Plan for the Startup Economy

For more information, like how much funding you’ll need before applying for a small business loan (that’s 30 percent), check out the infographic below.

1392332798-how-build-business-plan-infographic

Source – Πηγή: http://www.entrepreneur.com/article/231525

By Nina Zipkin

Selling Products Online? How to Build a Perfect Checkout Page (Infographic)

Imagine going to Target, filling your cart with products, then ditching it by the door and walking out empty-handed. That’s what ecommerce shoppers do more often than not. Unfortunately for Internet merchants, most are Looky Lous who never actually buy what they put in their carts.

This year alone, online shopping cart ditchers will bail on some $4 trillion dollars worth of potential purchases. The proof is in the virtual wasteland of deserted online shopping carts. A staggering estimated 69 percent of them get abandoned, according to the Baymard Institute, kicking e-tailers where it hurts.

Why do so many online shoppers leave without paying? Research points to everyday frustrations that most of us can relate to — unexpected shipping costs, payment security concerns and, yuck, the hassle of having to create yet another new user account. And the list goes on.

Related: The Candy Trigger By The Checkout Line (And Why We Fail With New Habits)

To fight back, to nudge shoppers to purchase what they put in their carts, eliminate the aggravations that send send them packing in the first place. Your best bet is to perfect your checkout page. How? Make it as quick and easy as possible for existing customers to login and pay, and for new ones to checkout as guests. Offer multiple shipping options and be upfront about the costs. Reassure shoppers and demonstrate how safe your payment processing is.

For more quick tips on how to craft, test and refine an effective checkout page, take a look at the infographic below by VWO, a Delhi, India-based provider of A/B testing software for online marketers.

1441123420-the-anatomy-of-a-perfect-checkout-page

Source – Πηγή: http://www.entrepreneur.com/article/250135

By Kim Lachance Shandrow

Grow Greek Tourism Online

Το ίντερνετ δουλεύει για τον τουρισμό

Θέλετε να βελτιώσετε τη διαδικτυακή σας παρουσία, να βρείτε νέους πελάτες & να μεγαλώσετε την επιχείρησή σας μέσω του ίντερνετ; Tο Grow Greek Tourism Online σας προσκαλεί να δείτε πώς το ίντερνετ μπορεί να ωφελήσει τη δική σας τουριστική επιχείρηση.
Screenshot_3

Υποστήριξη για τουριστικές επιχειρήσεις 

Χρειάζεστε επιπλέον υποστήριξη για τη βελτίωση της διαδικτυακής σας παρουσίας? Καλέστε την ομάδα του Grow Greek Tourism Online ή αναζητήστε διαφημιστικές εταιρείες, πιστοποιημένες από τη Google, με εξειδίκευση στη διαδικτυακή προώθηση τουριστικών επιχειρήσεων.

Screenshot_397

Source – Πηγή: https://events.withgoogle.com/ggto/arkhike/

How To Optimise Your Landing Page | Infographic

Optimising your landing page for potential customers is key to acquiring your return on investment. It’s not easy optimising your landing page because it can differ from business to business. Some customers want concise information, while others want as much as possible. So getting the right balance can be tricky job and takes a lot of patience and trial and error.

How To Optimise Your Landing Page | Infographic

Πηγή – Source: http://theultralinx.com/

E-Commerce Conversion Optimization 101

E-commerce conversion is influenced by many different factors, including some you probably know already: price, selection, and ease of checkout, for example.

However, conversion also depends greatly on personal factors like the visitor’s level of commercial intent, what brought them to your store, what they’re exposed to in your store, and even external factors like which device they’re on and what distractions they might have.

How can you optimize for all of these different elements to convert more visitors to buyers?

Here are the important optimizations you need to make:

Load Speed

Slow page loading time is a conversion killer, but that’s not the only drawback. According to Google, improving your load speed boosts user engagement, retention, and conversion.

First, find out how fast your site actually loads. It only takes a few seconds with the Google DevelopersPageSpeed Insights Tool. Reducing your load speed means finding each of the bloated aspects weighing it down and lightening the load. This might mean removing unused image meta data, inlining small resources, optimizing JavaScript and CSS files for load time, and more. If that all sounds a bit overwhelming, Google also offers an open source PageSpeed Module you can have do the optimizations for you.

Homepage Optimization on E-Commerce Sites

Optimize your site for easy navigation and product discovery.

Use clear category structures to optimize navigation for your shoppers. Test your internal search for accuracy using direct match keywords, as well as terms people looking for certain types of products might commonly use. Optimize your homepage with top-selling products and refer visitors to similar, complementary or also-purchased items from your product pages.

Show Off Top Products

They’re already your best-selling products – chances are good that your new customers will love them, too. Use banners, pop-ups and pop-outs, and a recommended products section to highlight the items you’ve identified as most popular.

Make Your Site Locally Relevant

Reassure customers as soon as they land on your site that they’re in the right place. Use headers or slide-outs to confirm that you ship to their country.

Use shipping offers for ecommerce conversion optimization

In this example from OnlineShoes.com, you can see that a visitor from Canada is immediately reassured that shipping is available to their location, breaking down any potential barriers around location.

Build Trust & Credibility

Trust is a huge factor in a customer’s decision to make a purchase or bounce; 70% of consumers will terminate a purchase if there’s a lack of trust. Be 100% credible and trustworthy in the eyes of your visitors to convert at the best rate possible.

Offer Live Chat & Make Contact Info Prominent

At a bare minimum, display your phone number and email so shoppers with inquiries can easily contact you – 91% of European retailers have this down. However, only 18% offer access to live chat; the vast majority are missing out on an opportunity to provide support in real time, as shopper concerns arise.

Reassure Shoppers with Prominent Policies and Guarantees

People will understandably have questions about how your business conducts itself when they’re shopping with you for the first time. Make your privacy policy, returns policy, security certificates and any other guarantees highly visible on your site, especially in the shopping cart.

Offer Multiple Ways to Pay

Give shoppers the option of using the payment method they’re most comfortable with. Some people just don’t like using their credit card to shop online and won’t convert no matter what you do, if that’s your only available method of payment. Alternatives like PayPal can help increase the comfort level for those hesitant shoppers, increasing your conversion rates.

Showcase Product & Business Reviews

Consumer reviews are huge, and I mean HUGE – 88% of shoppers trust online reviews as much as they trust personal recommendations! A recent BrightLocal survey also showed that only 10% of people completely ignore reviews. Different review software comes with different functions, but at the very least, you want all reviews pulled in and displayed, with reminders to customers to leave reviews after purchase.

Convince & Convert with E-Commerce Product Page Optimization

Your online store’s product pages are a critical juncture for conversion optimization. They’re an opportunity to convert the visitor on that product, but on others, as well.

Convince and convert with product page optimization

Image: Aeropostale

Optimize product listing videos and images.

High quality images and video can be extremely compelling in the moment of decision-making. They can demonstrate a product’s different uses, answer questions about quality and more. Optimizing these rich media elements means ensuring good quality for visitors, but also making them accessible to search engines, as well.

Use descriptive alt text to tell users what the image is in case it doesn’t render, and to tell search engines about the product. For example, “garden hose” could be used as an image’s alt text, but “18-foot durable vinyl-reinforced retractable garden hose in green” gives both visitors and search engines a far better idea of what the product actually is.

Create a sense of urgency with pricing strategy.

By showing a limited number of items in stock or a limited time sale, you can create a sense of urgency to purchase now versus waiting to make a decision. You can also use comparative pricing or show markdowns to tap into the fear of missing out, a powerful motivator in e-commerce. No one wants to miss out on a deal!

Optimize for e-commerce conversion by creating a sense of urgency.

 

Image: KitchenStuffPlus

In the above example, you can see the retailer is using comparative pricing with “Save $3.01” to motivate visitors to convert. They’re also offering free shipping on orders over $75 to help increase average order value.

Be specific and optimize product descriptions.

Optimize your product pages with compelling descriptions using keywords and phrases people will actually use to find products like yours. You want your descriptions to appear in site search and search engine results.

Overcome objections with real-time offers.

Use personalization to overcome specific objections. For example, you could set up a campaign to offer free shipping to buyers, with their state or province actually listed in the banner:

personalization

Or, you could offer a coupon to a buyer whose behavior indicates they may be hesitant on price:

Offer a free coupon to motivate e-commerce buyers

Again, once you set up these campaigns to target specific behaviors with Commerce Sciences, these offers will appear to site visitors who will find them relevant.

Close the Deal with Checkout Optimization

Of course, all of your e-commerce optimizations are for naught if your visitors get hung up or turned off in the process of checking out.

Shipping Policies

Almost half of all online orders now include shipping; e-commerce retailers have realized that charging for shipping kills conversion. Free shipping is so important to shoppers that in a recent E-Tailing Group survey, 73% of respondents said it was “critical” to them.

Be specific with button text.

Navigation buttons may seem straightforward to you, but are they clear to users? Instead of simply telling a user to go “Back,” avoid confusion or frustration and let them know where they’re going, eg.: “Continue shopping,” or “Back to account registration.”

Costco makes good use of the buttons in their shopping cart – no surprises here!

The online shipping cart is an e-commerce conversion optimization opportunity

 

Image: Costco

Offer persistent shopping cart.

Persistent shopping carts use cookies to save items in a user’s cart across sessions. This is particularly important today, when people shop from mobile devices and across screens. It enables a shopper to browse around, choose a few items, run out and pick the kids up from swimming lessons, and come back to finish the transaction.

Enhance the user experience with pre-filled forms and information memory.

Don’t make users fill out information twice. Visitors who encounter validation errors should be able to see clearly where they need to make a correction and all other information should stay populated.

Enable account registration with purchase for ease of use in future.

Make account registration an optional part of checkout, to ease future checkouts. If you’re going to do this, though, ask only for information you truly require to keep the form short and simplify password selection.

Conclusion

E-commerce conversion optimization means making your visitor’s shopping experience intuitive and seamless, from site entry to checkout and everywhere in between. Real-time behavior tracking and personalization enables savvy online retailers to adapt to their visitors’ changing needs, state of mind and preferences, in order to convert.


Source – Πηγή: http://blog.commercesciences.com

 

11 A/B Testing Ideas to Boost Your Ecommerce Conversion Optimization Efforts

We know A/B testing is critical to ecommerce success, but it’s understandably intimidating for smaller retailers. Even though 75% of the internet retailing Top 500 use an A/B testing platform (Econsultancy) and it’s a recognized best practice, it can be difficult to get started.

There are many benefits of A/B testing as part of a comprehensive ecommerce conversion optimization strategy, including:

  • Accurate measurement of performance differences.
  • It’s the best way to determine what is and is not working.
  • A/B testing helps you decide how, when, and where to spend your budget.

I know you’ve heard it before, but e-commerce marketers need to live by the mantra of “always be testing.” If you’re wondering where to begin, here are 11 ecommerce conversion optimization testing ideas to try out:

1. Use heat map software as part of your A/B testing strategy.

Heatmap software for A/B Testing

This software (think Crazy Egg, among others), can give you a clearer understanding of how visitors engage with your website. This can be especially helpful if you’re testing ways of flowing visitors through your shopping cart, for example.

2. Run a survey with current customers.

What better way to get firsthand feedback than to speak with people who purchased from you in the past? Ask for their opinion on two (or more) ideas. This will give you a better understanding of which is preferred.

3. Use Google Analytics.

This may not be the only analytics application available to webmasters, but it is one of the most popular. You can use the data to your advantage when A/B testing.

4. Experiment with A/B testing your color schemes.

Did you know that color can affect conversion? Experiment with a variety of different colors, each time testing to see which shade generates the best results.

5. Make changes to your layout for ecommerce conversion optimization.

Update website layout for optimization

It’s easy to get stuck in your ways. While you may not want to tear down and rebuild your entire site, making subtle layout changes based on your test results can go a long way in helping you better understand what your visitors are looking for.

Sometimes all that’s needed is breaking down of perceived roadblocks on the path to conversion.

6. A/B test a variety of images and video.

Images (and video) can have a huge impact on your conversion rates. Test a page with no images and video against one with a single image, multiple images, an image and video, etc. Once the test is complete, you will know how to use this form of media moving forward.

7. Run A/B tests on small changes.

Sometimes it is the smallest changes that yield the biggest results. For example, changing the color of a headline may have a bigger impact than redesigning the entire layout. Start with small changes and then build out from there.

8. Experiment with a variety of ecommerce content.

Experiment with ecommerce content for CRO benefits

No matter what you are selling, visitors will typically read your content before making a buying decision. Experiment with different product descriptions. Is shorter better? Will more details improve your conversion rate? You won’t know the answer until you test different types of content.

Major ecommerce retailers like Amazon test to determine which optimizations have maximum CRO impact and you should, too.

9. A/B test your shopping cart flow.

What changes can you make to your shopping cart flow to improve the customer experience? You may be able to eliminate a step, for example, that speeds up the process. Test a variety of checkout processes to determine which one decreases abandonment (which remains a major problem for many online retailers).

10. Incorporate social proof for ecommerce conversion optimization.

Are visitors more willing to convert when you use social proof, such as a written or video testimonial? Online shoppers often feel better about making a purchase when they realize others have done the same.

11. Optimize the flow throughout your site.

More is not always better when selling online. Test your current design against a minimalist approach. Cutting back on clutter could boost your conversion rate.

A/B testing is not something you do today and forget about tomorrow. You should “always be testing” in some way, shape, or form. While doing so, be sure to avoid these 6 A/B testing pitfalls that can lead you astray.


Source – Πηγή: http://blog.commercesciences.com

 

8 Tips for Mobile Customer Service Usability

When it comes to mobile commerce, the effort typically goes into getting mobile websites and apps live and mastering responsive design, and obsessing over home page, product page, category, search, menu navigation and mobile checkout usability.

But mobile customer service is too important to overlook considering 63% of US adults use mobile to access customer support several times each month, and 90% have had poor experiences.

How can you shore up your #mcustomerservice? Read on.

1. Make service content and tools accessible on mobile

I shouldn’t have to point this out, but believe it or not, I’ve encountered mobile shops with NO way to access customer service from the mobile version of the site. For responsive sites, ensure your customer service and self-serve tools are also mobile friendly (e.g telecom menus).

2. Ensure your service pages are mobile friendly

Ensure responsive or adaptive layouts are not only designed for your home, category, search and product pages, but accommodate all site content.

guess-garble

Make sure you test for the most popular devices and models so the above doesn’t happen.

3. Don’t bury your links

Web users scan menus for trigger words. In this case, “Customer Service,” “Customer Care,” “Help” or even “Contact Us.”

Of the sites I tested, many buried their customer service links in over-populated menu lists. Here are just 2 examples:

hidden-help

too-many-organiz

Side-note: If you choose light-on-dark design, avoid gray type and opt for white. The example above may be impossible to read for users in low-lighting or with vision problems.

Side-note 2: Between ALLCAPS and Mixed Case, opt for Mixed Case, it’s easier to read/comprehend, especially on mobile devices. And web usability is all about reducing cognitive load.

4. Make room

Ensure there is enough space between tappable targets such as links, menu buttons, etc. According to Baymard Institute, your minimum hit area should be 7×7 pixels between link targets.

Kmart does a nice job:

tappable-friendly

5. Consider making service a pinned menu option

Guess’ mobile site has a native app-like bottom-anchored menu, which stays put as the user scrolls through content. This is well-optimized for hand-held use, and the Service link is most easily accessed by thumb.

mobile-guess-service

6. Show your digits

Mobile operating systems support click-to-call directly from text, email, paid search ads and websites. Don’t force the customer to email you. Ensure your telephone number is easily accessible wherever a customer may seek support – from navigation menus to product pages, FAQ and Help content, and of course – checkout.

I’ve found several examples of this done poorly, for instance:

no-contact-info

It’s a good idea to style your phone numbers the same as any link, including underline, as not all mobile users understand they can just click to call directly.

worst-instance

7. Support Live Chat

42% of consumers have used live chat on mobile, but most ecommerce sites don’t offer it.

Kudos to Karmaloop for offering the feature, but a step-up would be to include the link from this section, rather than forcing the customer to scroll to the top navigation menu.

where-to-find-help

Let customers know what hours live chat is available, including time zone. (Even better, use geoIP to serve the correct help version with the user’s correct time zone).

north-face-help

And avoid calling your telephone option “a live chat.”

live-chat-mobile-serve-page

8. Connect the dots

To understand your omnichannel customer service performance, you may wish to identify mobile users that call your service center. Cabela’s does this by issuing support IDs.

cross-channel-id


Source -Πηγή: http://www.getelastic.com