September 30th, 2014 by Elma Jane

Email remains king in the types of digital marketing businesses. Fifty four percent of businesses view email as the most effective form of Internet marketing. However, a number of other types of digital marketing tactics aren’t far behind. More than 40 percent of the businesses surveyed believe optimized websites and blogs, search engine optimization (SEO) and social media are among the most successful online marketing tactics. Mobile marketing and e-commerce marketing are viewed as the least effective forms.

Contributing to email marketing’s success is the ease in which it is conducted. Eleven percent of the businesses surveyed thought email was one of the most difficult types of digital marketing to execute. Social media tops the list, with nearly 50 percent of businesses saying it was the hardest to accomplish.Content marketing and SEO were among the other toughest tactics to execute. Overall, the vast majority of businesses using some form of digital marketing report seeing positive results from it.

Businesses have a wide range of motives for using Internet marketing. Wanting to increase customer engagement, sales revenue, leads for their sales teams and brand awareness were the most important reasons. Reducing marketing and customer service costs are surprisingly least important. Majority of the businesses believe their digital marketing efforts are only getting better. In order to achieve all of their goals, there are a number of challenges businesses are facing:

The most challenging obstacle to success is clearly the lack of an effective digital marketing strategy.

Followed by an inadequate budget to fund programs.

Other challenges business must overcome to achieve better digital marketing results include a lack of training and expertise.

Inability to prove a return on investment and increasing competition.

 

 

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June 10th, 2014 by Elma Jane

Local businesses with brick-and-mortar stores have not been early adopters of ecommerce. But, with the proliferation of mobile devices and with changes in how consumers research and buy products, most local businesses now have websites, many of them mobile optimized. Smart brick-and-mortar retailers invest in local search engine optimization to ensure that their stores are found when a local shopper searches on products that they sell. More aggressive retailers also invest in pay-per-click advertising on Google to ensure that their store names, phone numbers, and addresses are visible to a local shopper that is researching on a smartphone. Google is by far the primary search engine used by mobile shoppers. Google favors mobile friendly online stores and rewards mobile sites with high search rankings. The next logical step for local retailers is investing in on online store.

There are several reasons:

1. Having an online store will help local retailers optimize Google rankings for specific products and brands.

2.  Being able to show that an item is in stock may eliminate competitive shopping.

3. Eventually local retailers could sell products to consumers outside the retailers’ immediate area, and thus expand their business.

Many local businesses are hesitant to open an online store. Here is why:

1. Local businesses are typically unfamiliar with running an ecommerce business.

2. Have little ability to ship or fulfill online orders.

3.  Cannot accommodate sales tax collection outside their local area.

4. Avoid the investment required.

To be sure, adding an online store is not for every local business. But, if a local retailer offers a unique set of products, she may want to evaluate the concept.

 

 

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February 13th, 2014 by Elma Jane

Becoming an e-commerce entrepreneur is an increasingly attainable dream for many aspiring business owners, as new online sales platforms and Web design tools continue to emerge. While just about anyone can launch an online business, it takes a dedicated salesperson to actually succeed, and that means staying on top of current marketplace trends.

If you’re ready to take your e-commerce business to the next level in 2014, watch these five current trends in online sales:

Access through smartphones, tablets and other mobile devices. Major gains seen  in e-commerce usage of mobile devices such as smartphones and tablets, especially during the holiday season. Trend to accelerate as mobile adoption continues to increase and more mobile technologies become available. Small businesses should have a mobile version of their website, with mobile-optimized checkout to help facilitate a better mobile experience. Small retailers should also look at their site across multiple mobile devices and pay attention to new technologies, such as smartwatches.

Goodbye, traditional SEO. Google is constantly updating its algorithm in an effort to serve the best, most relevant content to its users. This means that traditional (SEO) search engine optimization tactics are falling by the wayside, and an increased push toward quality, unique content — along with social media signals — will be of huge importance in 2014. To help stay ahead of the SEO curve, small retailers should focus less on Traditional SEO Tenets like keyword usage and density, and instead aim efforts toward creating content that is tailored and useful for their target audience. Example, create more lifestyle-oriented content in the form of blog posts, videos and other types of media that encourage sharing by readers.

Increased dependence on data. Smaller online businesses continue to expand their presence across channels, the need to turn to performance data from both a channel-specific and holistic standpoint becomes even more important. Google Analytics is a good tool for this, because business owners can measure their site traffic from multiple devices and referral sites.
Small shops squeezed by larger merchants. Mega-retailers like Amazon continue to steal market share from other big-box retailers (both online and offline), smaller online businesses will need to become more nimble in how they compete, from a price, customer-service and marketing standpoint. This involves identifying true points of difference from larger merchants, showcasing these points in marketing and branding, and delivering personalized experiences.

 The importance of multichannel selling. Customer shopping behaviors become more fragmented, so must the presence of small online businesses owners. Simply having an e-commerce site is no longer enough. Small and medium-size businesses (SMBs) should begin looking for efficient ways to expand their presence, including integrations with various shopping feeds and other outlets that can reach more consumers.

Posted in Best Practices for Merchants, Credit card Processing, e-commerce & m-commerce, Electronic Payments, Internet Payment Gateway, Mobile Payments, Mobile Point of Sale, Point of Sale, Small Business Improvement, Smartphone Tagged with: , , , , , , , , , , , , , , , , , ,