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1. May 2007 by Damian Petrini.
This is quite a shocking article about how the legal system could really throw a wrench into the whole concept of a free-marketplace on the internet.
According to the article in InternetRetailer.com’s May 1, 2007, IRNewsLink e-newsletter, the State of Utah has just passed a law that could limit the practice of a company from being able to have one of it’s ads show up on a search engine page when a user searches for a competing company.
The article gave a great example of how bookseller Borders could turn around and sue both Google, and Barnes & Noble, if a paid Barnes & Noble ad appeared in response to a search for Borders, as long as the search originated from Utah.
Read the full article at: http://www.internetretailer.com/dailyNews.asp?id=22229
What is most disturbing about this law passing is that it could end up being a starting point that leads to the opening of Pandora’s Box, creating a flood of lawyers, governmental agencies, and other legal entities all over the country to follow suit and try to stick their governing fingers into the free world of the internet.
If this were to build momentum, it could really change the current dynamics of search engine marketing, and make things more difficult for online marketers.
However, don’t freak out!!!…the online world is NOT coming to an end!
Most likely, the law will be challenged in court and possibly be thrown out by federal courts because the state would be interfering with interstate commerce.
Also, don’t forget that the big boys like Google, which looks to take most of the more than $8 billion dollars that is estimated to be spent this year on U.S. search engine marketing, won’t just sit quietly on the sidelines.
It should be very interesting to see how things progress in the ever-changing world of online marketing!
–Damian
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Damian Petrini
Marketing Potential, LLC
http://www.marketingpotential.com
Posted in e-Commerce, Online Marketing, Search Engine Opitmization, Marketing | No Comments »
20. December 2006 by Damian Petrini.
Most businesses are missing out on a huge opportunity to dramatically increase their sales this holiday season with the use of gift cards and gift certificates.
Here is an article “Online Searches for “Gift Card” Increase as Holiday Shoppers Panic” from an email I received from Direct Newsline (December 20, 2006 issue).
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Source: Direct Newsline
December 20, 2006
http://directmag.com/Online Searches for “Gift Card” Increase as Holiday Shoppers Panic
Internet searches for the term “gift cards” more than doubled as online shoppers, faced with the imminence of several December gift-giving holidays, turned to the Internet for one-size-fits-all gifts.
During the week ending Dec. 16, lookups for the term “gift cards” rose 109%, while searches for more specific searches strings surged as well. “American Express gift cards” rose 184%, “iTunes gift cards” was up 69%, and “Visa gift cards” was up 19%, according to
Hitwise, an online competitive intelligence service.Additionally, Hitwise reported that “iPod” was the leading product-related search term that sent visitors to Web sites within its Shopping and Classifieds category during the week.
Visits to Hitwise’s Retail 100 Index sites were up 4.3% for the week, compared with the week that ended Dec. 17, 2005.
Amazon.com was the most-visited site last week, receiving 13.96% of all visits among sites on the Retail 100 Index.
Link to Article [http://enews.prismb2b.com/enews/direct/newsline/2006_12_20_direct_newsline/display]
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This time a year people are fighting for parking spaces, waiting in long lines, stretching their budgets and pocket books, and running from store to store in search of the perfect gift that they hope the gift recipient won’t want to pawn, return, exchange, sell, or be disappointed with.
And as more and more people are working longer hours, and having less and less free time available, the thought of having to jump in the car, fight for a parking space at the mall, wait in long lines, and deal with the lack of customer service friendly employees makes most people cringe.
That’s where gift cards and gift certificates make everything good again!
The easier you make it for your clients and prospective clients to buy from you, the more sales you will end up with.
Gift cards and gift certificates have been around for many years, but I am always amazed at how few companies offer them, or let alone make sure that their clients know that they even exist.
It’s as if most business owners think that people will somehow just learn through osmosis that they offer gift cards and certificates.
Unless you take the time to educate your existing and prospective clients on the fact that you have such things available, and how they can benefit from purchasing them, most buyers will not take the initiative to purchase them on their own.
One of my favorite phrases by Jay Abraham is “People are silently begging to be led.”
Think about that statement. If people generally like to be led, then you have a moral obligation to them, your staff, and your business, to make sure that your clients are aware of everything that your business offers and are educated as to how they benefit.
With regards to gift cards and gift certificates, most businesses don’t offer them, and those that do rarely offer them to their buyers on a consistent and systematic basis.
And by the way, don’t just offer gift cards and gift certificates during the Christmas season. Make them readily available all year long. For ever holiday and day of the week that ends in “day.”
But don’t stop there!
Create an ongoing, systematic process or program, specifically designed for marketing gift cards and gift certificates to your existing and prospective clients on a regular basis.
If you just tried to implement a couple of these methods into your business, what kind of impact do you think it could have?
How many more sales will be created by your efforts?
How much more money will you make?
How much more loyal will your buyers become?
I think you will be amazed at the results that will occur, if you follow through and create an ongoing, systematic process, engineered for the purpose of marketing gift cards and gift certificates to your existing and prospective clients on an ongoing basis.
If you are already offering gift cards and gift certificates, but aren’t happy with the results you have been getting from them, I guarantee that there are things that you can do to dramatically increases your results by slightly changing your approach.
To learn more about how to get better results from your gift cards and gift certificates, or to learn more about ideas and strategies that you can use to dramatically increase the profits and results of your business enterprise, go to www.marketingpotential.com
Posted in e-Commerce, Online Marketing, Sales, Marketing | No Comments »
27. October 2006 by Damian Petrini.
According to a recent article on InternetRetailer.com, a study by Piper Jaffray & Co. showed that search engines are still the most efficient method by far at acquiring new clients.
The study revealed that at an average acquisition cost of $8.50 per client, Internet search was shown to be more than twice as efficient as the next-best marketing channel in a study of five channels.
The five marketing channels covered in the study compared the customer acquisition costs of online search, yellow page ads, online display ads, e-mail and direct mail.
Here is a breakdown comparison of the average acquisition costs per client:
Online Search - $8.50 per client acquisition
Yellow Page Ads - $20 per client acquisition
Online Display Ads - $50 per client acquisition
E-Mail Marketing - $60 per client acquisition
Direct Mail - $70 per client acquisition
Yellow Pages came in as the second-most efficient at $20 per customer acquisition, followed by online display ads, $50; e-mail, $60; and direct mail, $70.
Also concluded in the study was that consumers are becoming more likely to use Internet search to research and find products and services, rather than going to online marketplaces. And with the growth of local search, the current number of 700,000 online advertisers could reach 2-4 million over the next five years.
This study demonstrates the importance of developing a successful and strategic search engine optimization and search engine marketing plan for your business, as well as for each of your products and services.
Posted in e-Commerce, Direct Response Marketing, Email Marketing, Business, Online Marketing, SEM, Advertising, Search Engine Opitmization, SEO, Marketing | No Comments »
16. August 2006 by Damian Petrini.
Below is Google’s answer to the question everybody on the internet is asking, “How can I improve my site’s ranking?”
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“Sites’ positions in our search results are determined automatically based on a number of factors, which are explained in more detail at http://www.google.com/technology/index.html. We don’t manually assign keywords to sites, nor do we manipulate the ranking of any site in our search results.
In general, webmasters can improve the rank of their sites by increasing the number of high-quality sites that link to their pages. For more information about improving your site’s visibility in the Google search results, we recommend reviewing our webmaster guidelines. They outline core concepts for maintaining a Google-friendly website.”
Source: Google.com
http://www.google.com/support/webmasters/bin/answer.py?answer=34432&hl=en
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At first glance you will feel somewhat cheated by the answer, perhaps because you were looking for the holy grail of answers to the question that everyone claims to know the answer to, but fewer actually achieve it.
The biggest take away lesson you should learn from Google’s definition can be found in the first sentence of the second paragraph.
“In general, webmasters can improve the rank of their sites by increasing the number of high-quality sites that link to their pages.”
One of the most powerful strategies to improving your website rankings is to get as many other higher ranking websites to link to yours. The higher the ranking of the other websites linking to yours, the better.
Learn more about how to get greater leverage out of your online marketing activities or how to put together and implement powerful marketing strategies.
Posted in e-Commerce, Direct Response Marketing, Email Marketing, Online Marketing, SEM, Sales, Search Engine Opitmization, SEO, Marketing | No Comments »