Tuesday, January 14, 2014

Important Things To Keep In Mind For Online Business

Today people prefer shopping for products online. No one wants to get out from the cosy and comfortable homes and be a part of the crowd. Discount coupons, new deals, innovative marketing techniques keep them interested. Let's check out a few methods of successfully starting an online business.

A Slow-Loading Webpage
If your webpage does not load completely within four seconds, you are going to lose at least 25 percent of your prospective consumers. By 10 seconds, that number will be exponentially escalating past 40 percent, according to KISS Metrics. Therefore, one of the biggest technical errors that you cannot afford is to have is a website consisting of pages that do not load as quickly as possible.

Hidden Shipping Costs
Another fatal error that you can commit is hiding your shipping costs. Yes, it is true that you are able to effectively lure your customers in by advertising a competitive sales price without including the shipping cost. However, studies have also proven that you are at risk of losing over 20 percent of your interested shoppers that come very close to reaching the checkout page until they realize that you did not mention shipping expenses, according to Savvy Panda. The same study brought up another interesting point by confirming that excessively high shipping costs will cause you to lose close to 45 percent of consumers. Therefore, make sure that your shipping costs are competitive and visible.

You Do Not Have a Guest Checkout Option
Eight out of 10 major retailers offer guest checkout options on their websites, according to eConsultancy.com. While it is true that it would be wonderful for all of your paying customers to take the time to register for an online account on your eCommerce website, the last thing that you want to do is to force them to sign up.
Remember, your consumers are shopping on your website in the first place to save time and money. If they feel as if they are being forced to spend several additional minutes signing up for something that they simply do not feel is very important or even meaningful at the time, they will definitely consider calling the whole thing off.

Compatibility with Popular Browsers
When it comes to your overall eCommerce website design, the pages and links might be flawless. You might have everything working within it beautifully with no visible signs of flaws or errors. However, you need to keep in mind that an internal view is not the only case that matters. You need to also make sure that you test it on a wide variety of browsers to make sure that there isn’t one browser that is not compatible with your website. You do not have any control over which browsers your customers will use to find you. However, you want to make sure that regardless of the browser that they choose, your visitors are able to access your website without running into any errors or complications.

Online Inventory is Not Updated
There are not very many things that can frustrate an interested buyer more than finding out that the product that they have fallen in love with is actually not available. This can actually become so overwhelmingly frustrating that they decide to abandon their shopping carts and your website right then and there. Make sure that you update your online inventory on a regular basis. If it is featured on your website, you should have it available.