E-commerce Sites Will Survive the Credit Crunch
Monday, November 3rd, 2008In amongst all the doom and gloom of the current financial crisis there is some good news for retailers as we head into the Christmas period.

In amongst all the doom and gloom of the current financial crisis there is some good news for retailers as we head into the Christmas period.
Retailers are guilty of not properly preparing for Christmas with their online store like they do in the offline world. It is important that online vendors use the months leading up to Christmas to research and test all areas of their online campaigns as well as the website itself to ensure they maximise sales over the festive period.
A major factor in online success is testing. Your e-commerce website should be tested on a regular basis in order to ensure your clients are being given the best service and your brand is being represented in the most appropriate, professional manner.
Every aspect of your e-commerce website should be tested and re-tested. Obviously achieving the maximum number of conversions is the main objective for your website and unless it is tested regularly there are countless different ways you could be losing potential business.
The most obvious reason for testing is, of course, to make sure your e-commerce site actually works. Any issues or faults with your site will be easily picked up by the user, therefore regular testing prevents your potential clients from developing a negative image of your brand. If your website is disappointing or faulty it will give the user a negative image of your company as a whole.
The term testing can also relate to other aspects of managing your website, however. Testing out different styles and approaches with your website will allow you to work out which method works best with your targeted audience.
Cookie tracking and various web statistic packages enable you to track precisely what is happening in the site and react positively as a result.
Try rotating different images and headlines on pages within the site then tracking the number of hits and click-throughs achieved with the different styles. This will help to determine what is the most effective strategy for your site.
Calls to action are key when attempting to guide users through your site; you should try out different phrases and see how it affects your conversion rates.
Success with your website is trial and error. Your website shouldn’t be a static thing that once launched is left alone. You should be constantly updating, adding to and tweaking various parts of the site to meet the needs of your users and maximise the revenue you get from it.
To find out how Motive can help you maximise the potential of your website, please get in touch with our E-commerce team.
Until recently, there was no easy way to validate that a purchaser on an e-commerce website is indeed the legitimate cardholder. 3D Secure technology was launched to reduce the likelihood of online fraud, by authenticating the cardholder with the card issuer at the time the transaction takes place, thus significantly reducing cardholder disputes and merchant chargeback’s.
3D Secure requires the cardholder to register their card (on the card issuers website) answering a number of security questions. The cardholder then sets up a password and secret phrase which will be used by the card issuer for every online transaction. Once signed up the cardholder uses this personalised password for every online purchase on sites with 3D Secure integration.
This technology is designed to increase consumer confidence in using credit cards online – an issue that is key to commercial success on the internet. However, retailers need to be careful about its integration into a website as not all consumers are yet aware of the technology and therefore if handled incorrectly could actually increase the risk of shopping cart abandonment.
It may be advisable to add information within the buying process to explain and reassure consumers or perhaps have a link to a page that explains exactly what 3D Secure is and the benefits it presents for people buying products online.
Despite these teething issues, the introduction of this technology is an exciting one and will protect ecommerce merchants from online fraud plus increase consumer confidence in purchasing from sites with 3D secure integration.
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