Is your e-commerce site losing customers?

By Lori Mitchell , InfoWorld Test Center
December 7, 2000

 

Optimizing your company's customer entry points will lead to an increase in site stickiness and online revenue streams

WITH HUNDREDS OF thousands of Web sites to visit, customers are faced with more choices than ever. The vast amount of information found on the Web is daunting not only to Internet shoppers but to e-businesses as well. With so many sites available e-businesses struggle to successfully attract customers.

And the amount of "noise" on the Web will only increase. According to analyst firm Gartner, electronic commerce will skyrocket to $7.29 trillion worldwide by 2004.

A large part of building a solid and successful e-business is being aware of the ways in which customers reach your site, which pages are most popular, and what ad campaigns are working. Partnerships with other online e-businesses can also help attract new customers.

The more effective a company's range of customer entry points, the greater the number of end-user visitors and potential online revenues. Numerous tools and services, including Insight Express' market research services and IntraPromote's suite of services, are available to better track this information and ensure that your entry points are effective.

Attracting those customers

Monitoring and analytical tools can pinpoint troublesome Web pages, and target audiences and user demographics. WebTrends' Enterprise Suite, Accrue Software's Accrue Insight, and WebSide Story's HitBox tools all help track customer behavior. Although the cost of these analytical tools is high -- often ranging from $25,000 to $100,000 -- these types of tools are crucial as they help evaluate the effectiveness of your e-business. Without them, companies are in the dark when it comes to figuring out customer behavior and Web site usability.

One popular method for attracting customers is through the use of online advertisements, either banner ads or static ads. Although the click-through rates are low, the name and logo of a company build name recognition among a company's target audience. Numerous Internet marketing firms can help with online advertising and the placement of your company's ads.

Starting at $450, depending on audience and survey results, Insight Express offers online market research services that e-businesses can use to create surveys and get instant feedback from targeted customers to help them determine the effectiveness of advertising campaigns. IntraPromote offers a slew of services such as entry point marketing, search engine optimization, and partnership building for enhancing online businesses at a cost ranging from $10,000 to $50,000 per month, depending on the scope of the project.

Online search engines are also a valuable and viable entry point into your e-business. It is important for companies to register with as many search engines as possible to reach the broadest number of users. If customers can't find your site in a search, chances are they'll go to your competitor. Registering manually at each search engine would be a timely and tedious endeavor. Companies such as IntraPromote will submit a company's key words and product information.

In addition, the proper use of metatags and descriptions in the pages of your site help to define your site and make it possible for others to find your company. Doing this important task takes plenty of time and is tedious, as there are literally thousands of search engines.

IntraPromote's Internet marketing services help companies optimize their site for search engines. Other tools, such as Submit Wolf's Submit Wolf Pro/Enterprise, include an application that walks site developers through the process via wizards, helping Webmasters generate correct metatags, keywords, and engine profile editors. Once complete, Submit Wolf submits your site to the selected search engines.

Who you know counts

Along with search engines, customers also come from other Web sites either by referrals or partner advertisements. Building strong corporate partnerships ensures future business and can even land a deal to advertise for free on a partner's Web site. For targeting new business partners a good source of information is available by examining Web logs. Webmasters may find that other sites already provide links to your site.

Tools available for developing business partnerships include Excite's ExcitePlus and LookSmart, which list your site in a network of partnered Web sites. Again, IntraPromote provides a service for developing these important relationships by bringing in consultants who use their expertise to find potential partners for the company.

Tools of the trade

Once e-businesses develop online marketing and advertising campaigns, they need tools for monitoring and analyzing site traffic. Web Trends' Enterprise Suite, Accrue Software's Accrue Insight, and WebSide Story's HitBox tools all track who visits a particular site, where they came from, and what pages were accessed. These tools can also measure the success of ads and identify which sites are referring visitors to your site.

This is important information that is automatically kept in logs, and when properly analyzed, it provides Webmasters with vital customer information. The data helps to identify problem pages, pinpoint search engine referrals and keyword usage, and determine potential partnerships. Site managers and developers can also target sales and advertising campaigns to specific groups, and they can predict trends about ways in which users will visit their site.

The success of any business depends on its ability to attract and retain loyal customers. Ensuring that all possible customer entry points are optimized will only increase online revenues. Analysis tools and services are essential for helping your business grow and should be seriously considered to ensure the success of your e-business.




See our illustration, "Web site analytics brought home."

Return to the Test Center In-Focus: Anatomy of an e-business package page


Lori Mitchell (lori_mitchell@infoworld.com) is a senior Test Center analyst.


  BOTTOM LINE

Customer entry points
BUSINESS CASE
Managing multiple customer entry points is essential for any e-business. The more ways in which customers can enter your company's Web site, the more your company's online revenue will grow.

TECHNOLOGY CASE
Managers will benefit from marketing solutions and reports for targeting new customers. Although these services don't require any additional hardware requirements, tools do have system specifications.

 


PROS

+ Enhance customer interaction

+ Optimize search results

+ Increase click-through rates


CONS

- Difficult to monitor without tools

- Tools and services can be expensive