What Big Online Retailers Don't Want You to Know
A huge advantage that the smaller online retailer holds is simply
the focus on the business and the commitment to success. Most online retailers
were �bricks-and-mortar' players long before their forays into the online
space. Therefore, all of their operations were originally developed for
an offline world.
by: Derek Vaughan
Are you operating a small or medium-sized online retail store? Have
your ecommerce efforts been thwarted by a big online retailer? If so, take
heart! Things aren't as bad as they might seem. In fact, instead of being
intimidated by the big online retailers � you should welcome the opportunity
to compete with them! Here are some things that they won't tell you that
could give you a real advantage when trying to gain more ecommerce customers
at their expense.
Here are some of the things that the big online retailers don't want
smaller competitors to know that they're saying behind your back:
"We're concerned that you can look just as big as us online"
Think about it � for all the time, money, resources, and energies that
go into the website of a large online retailing operation � they still
have most of their traffic landing on their home page. It's the same with
you, the small online retailer. When a potential online buyer looks at
your home page, they can easily think that you are much larger than you
really are. How do you tell the difference between a one-person operation,
a ten-person operation, or a large retail site? It's hard � even for professionals.
One key point here: make sure that your home page design and layout measure
up to the current standards of professionalism in the industry today.
"You might be better at reaching a niche audience"
Giant online retailers need to reach giant audiences in order to achieve
their sales goals. For the most part they aren't even interested in a smaller
niche audience. Large online retailers are looking for search terms and
advertising buys that will attract the largest possible pool of potential
buyers to their site. You, on the other hand, can be far more selective
in your choice of products offered, keywords targeted, and where you choose
to advertise. In addition, you can select target audiences who may purchase
more expensive products in smaller volumes, or who will be much more loyal
buyers and repeat purchasers.
"We can't deliver personalized service like you can"
Similarly, the larger the company, the harder it is to give truly outstanding
and personalized service. As a small online retailer, you can actually
get to know your customers. In fact � you must get to know your customers
in order to keep them from straying to a larger competitor with lower prices
on the same items. There are so many different and unique ways to really
embrace your buyers! Here are a few: send an extra special little gift
each time someone buys; collect your buyers birth dates and send them a
birthday present on that special day; keep their information in a special
place so that when they contact you they get a personal response in the
fastest possible time; note buyer preferences and send them a personalized
note informing them of new products that are of interest to them. You can
think up many more ways to give personalized service for your site if you
spend some time pondering it.
"You can rank higher in key search engines than us"
Some large retailers have a great search engine marketing and search
engine optimization strategy � many do not. A great leveler of the playing
field with regard to online buyers is your search engine presence. You
will gain market share at the expense of the large online retailers if
you rank higher than they do on key search terms at key search engines.
Make certain that you understand and implement professional search engine
marketing strategies. Study search engine optimization techniques. Understand
paid inclusion programs. Gain expertise in pay per click marketing engines
such as Google AdWords and Overture. When buyers use search engines to
look for your products and services make certain that your results are
visible � whether in paid or organic listings.
"Our online operations are a neglected step-child in our company"
A huge advantage that the smaller online retailer holds is simply the
focus on the business and the commitment to success. Most online retailers
were �bricks-and-mortar' players long before their forays into the online
space. Therefore, all of their operations were originally developed for
an offline world. Further, the original �bricks-and-mortar' component of
the company may actually be jealous of the fast growth and success of the
online retailing component � leading to internal bickering and power struggles.
One thing is for certain: both the small online retailer and the larger
online retailer have had approximately the same amount of time to develop
experience in online selling. Purchasing via the Internet is still relatively
new � and there are many differences between selling in a physical store
and selling in a virtual environment. The small retailer can work these
differences to their advantage. So even a prestigious and long established
offline retailer may actually be playing catch-up when it comes to online
retail.
Action items for the smaller online retailer
To compete against larger retailers keep the following competitive tactics
in mind. Develop a professional web site and make it look just as inviting
as the big player's sites. Consider focusing on a specialized or niche
audience that is likely to be overlooked by larger retailers � simply because
the market is perceived to be too small. Differentiate by offering superior,
personalized service. Make your customers so happy that they begin to talk
about you to others. Master search engine optimization and search engine
marketing techniques � or hire professionals to help you achieve top search
engine rankings. Embrace online operations and take advantage of the all
the possibilities that the Internet offers to increase your sales. Good
luck with your online ecommerce ventures!
About The Author
Derek Vaughan
CheapHostingDirectory.com
is a web hosting directory and webmaster resource site providing articles
on web hosting, interviews with hosting professionals, and showcases featuring
hosting companies and special discounted web hosting offers.
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