Monthly Archive for March, 2007

Best Idea Yet for Handling Etail Returns

MountsandMoreReturnInsuranceA while ago I found myself in need of an LCD TV mounting bracket for my kitchen. A quick trip to MountsandMore.com not only satisfied that need, but provided an EXCELLENT concept in etail.

Returns cost us all — a lot. And they’re a pain, for both retailers and customers. Mounts and More appears to have come up with a creative solution, and I must say I’m impressed. They offer return insurance.

Click the image at right to see what I mean. (It should be noted that I had a $400 “test” item in my cart to capture this image.) This is a fantastic idea which almost certainly lowers their cost of returns, and customers feel it’s a strong benefit. (I myself opted for the $4.90 insurance when I bought a $50 mount. Worth it to me.

mnmoreservicepolicy.gif MountsandMore.com knows a thing or two about ecommerce. You might also wish to check out their customer service page (again, at right), which reads like a textbook for how to answer the most frequent customer service issues.

A great example. (Hard to come by :-)

Brand Membership for Intangibles

Virginia Postrel at Dynamist.com had an interesting post today about “Conspicuous Consumption in the Intangible Economy.” It got me thinking about Brand Membership. If I’m such a strong brand member that I wish to wear a logo on my sleeve (a common occurrence, to be sure), how would I signify a similar endearment to a brand which offers only intangible benefits.

Are blogs the (whew! finally!) outlet where consumption of information and intangibles is finally visible to the Jones’? Maybe so. Perhaps this is the true explanation of all these (to me, meaningless) posts about how “no one uses Twitter for anything worthwhile, except me.”

Etailology

You may now access this blog directly at www.etailology.com … I’d started this effort as a larger, looser discussion of strategic web development, but my passions lie in etail space. I was surprised to find only a few etail blogs in existance (at least that I or my assistant could locate) and for the most part they discussed either the purely tactical (e.g. how does google checkout work) or the purely commercial (e.g. a review of ecommerce engine X).

This blog does neither. Instead, I hope to focus on how to build an etail presence that sells well and meets the miniumum expectations of users (do the basics) and then discuss how to leverage your brand as an asset which can provide real advanatage online.

More to come, of course. And if you do know of other etail blogs out there, please drop a comment and let us all know.

Etail Home Page = Prime Floorspace

Recognize the Sales Function of Your Home Page:

When you enter an offline store, what do you see? PRODUCT. When you enter most online stores, what do you see? CHEST-BEATING. Thats right, many online retail sites put themselves — not their products — up front. (Aren’t we great?)

That said, there are some key “about our store” items that should live on your home page. Your home page should answer the following questions for the consumer:

  • Am I at the right store? (Literally, did I type the right URL?)
  • Am I at a store which is appropriate for me? (Read: socio-economic status, psychographic profile)
  • Is this retailer reputable?
  • Do they have what I came here to buy?
  • What else they got?
  • What’s happening NOW at this retailer (vs. last or next week?)
  • Should I come back?

As a rule, etail home pages are terrible. That’s right: terrible. I could start a whole business just consulting on etail homepages; to borrow a joke I heard from Jacob Neilsen*.. “Send me $20,000 and I’ll send you an email saying your home page sucks.” These pages often include a huge (non-clickable) visual of a product which is overly common or perhaps even out of stock! (The photo, unfortunately, IS stock.)

Such poor execution in the name of “image establishment” (I won’t call it branding, because it’s not) serves only to mislead the shopper and lose the sale.

Here’s a newsflash — if all the imagery on your site is the same product photography your competitor has, then what’s the difference between you and him? If your features and content are the same…? If your customer service is equally efficient…?

Answer? NOTHING. No advantage, no difference… and no reason to shop at YOUR store, other than a lower price — if you offer it. If you want to compete on price (and engage in that “race to the bottom”) then good luck to you. Save yourself some time and don’t bother reading this blog — instead focus on your supply chain because I bet it’s costing you good!. If you, instead, wish to find advantage in your brand and use it as an asset to drive larger revenues, higher tickets, and greater loyalty, then read on.

It’s important to do the basics well — and many sites don’t. But I’ll endeavor to put the basics within the context of how they function to eliminate potential objections from your customers, rather than driving loyalty and membership. Take care of the first as a matter of course; take care of the second to ensure ecommerce success.

Don’t regress to the mean.  Use it to beat up your competition.

*I wasn’t having lunch with him, I was watching him speak at a conference :-)

Overheard in IT: Stop those Marketers!

I must share this quote, overheard while working with a major brand (>90% brand name recognition). We were working on an online promotional program for this brand when we received a frantic call from the client’s IT department — it seems we were supplied with a number of email addresses for promo response which had not been set up yet on the corporate email server. (We would have tested it… you’d be surprised how often people make this mistake.)

After his empassioned description of the situation and what we needed to do about it, this IT staffer said:

“You know, if marketing would just tell us what they are doing… we could STOP THEM sooner.”

True story.