The Importance of Hiring a Professional E-Commerce Company
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| Ecommerce Solutions | | CMS Websites | | Application Development |
First, let’s talk statistics.
Americans spent $33 billion in online transactions during the first quarter of 2008, up 0.8% from the last quarter of 2007 and up 13.6% from the first quarter of 2007. (Census Bureau, Dept. of Commerce) Approximately 6-10% of all retail sales happen online. Research shows that more people are starting their shopping online, with: 70% of leisure travelers book some of their personal travel online, 53% of car shoppers beginning online and 71% of online shoppers browsing consumer reviews (with more than half browsing over 10 minutes) to make their purchasing decisions.
Now you know that e-commerce is a lucrative aspect of any business that can’t be overlooked. Now let’s discuss why you shouldn’t just “dump” this task on someone in the sales / marketing department. I mean, they’re trained… right?
- Internal marketers understand how to promote a business and convert sales in “the real world,” but online is a whole other game. According to e-tailing’s sixth annual Merchant Survey, the average website only converts 4-6% of their web traffic into consumers.
- The survey concluded that each year, conversions require more and more targeted tactics to increase sales and consumer retention.
- Web analytics and data mining is a crucial starting point, but further consumer-focused strategies must be implemented to retain success
What sort of E-commerce Solutions should you be looking for?
- 70% of online consumers looked at more than 4 product reviews before making a purchase.
- 61% of online consumers said they’re more likely to shop online if they’re offered free shipping.
- 18% of online consumers said they’ll spend more on gift cards in 2007, compared to 2006.
- 53% of online shoppers surveyed ranked “discounts or exclusive offers for members” as the most important feature of Frequent Buyer/Loyalty Programs.
- 33% of online retailers plan on investing more in live chat in 2008. 53% of online retailers are planning to enhance their guest checkout process in 2008.
- 80% of online retailers are planning to add alternative images to product detail pages in 2008.
- 72% of online retailers plan on incorporating lifestyle photography into their sites.
- 63% of online retailers plan on integrating customer ratings and reviews into their sites.
In essence, a professional e-commerce company has studied the behavior of online consumers and the success of top-converting websites almost obsessively. If you’re baffled at how ProFlowers.com converts 24.5% of their traffic into sales (10x the industry average), then trust a professional e-commerce company to take the mystery out of marketing.
Professional e-commerce solutions will ensure that visitors feel right at home on your page. They will navigate to the purchase page with an innate sense of familiarity. They will spend a little time browsing on-site product reviews, testimonials, product images and descriptions. They will be pre-qualified purchasers looking for a certain occasion or sub-niche that you’ve already accommodated in your web design. They will come back again because you offered reasonable prices, members-only benefits, coupons and sale items. The checkout process will be flawless, your site’s security system will provide a sense of comfort and the product satisfaction guarantees will give any consumer peace of mind.
At the end of the day, you need to ask yourself, “Do I want to be a 1% converter and save a few bucks or do I want to be a 25% converter and make so much money it doesn’t matter?” Creating an e-commerce website may not be rocket science, but it is a laborious practice that requires a trained eye and an arsenal of knowledge that only a professional e-commerce company can provide.


