Thursday, December 10, 2009

REACHING THE SPOILED BUYER

Satisfy This Guy, You Can Satisfy Any Site Visitor


Multi-Channel Product Access:

Reaching the “Spoiled” Buyer

How many ways can consumers buy the products you sell?

The buying practices of many consumers have been changed by the world wide web. The brick and mortar outlets are still top pick with shoppers. However, a recent study indicates that more than half of all consumers consider access to goods in a variety of ways very important. Not just a store. Not just a website. Not just a toll-free number or quarterly four-color catalog. Different consumers want product access through a number of channels. And these aren’t browsers. They’re comparison shoppers, hands-on shoppers, convenience shoppers - people who will make a purchase.

The majority of respondents to the survey indicated that it was important to their buying decision to be able to complete the transaction in the store. Today.

These same consumers indicated that they also wanted access to product information and order placement through the store’s online website and they considered it important to be able to place an order by telephone, whether shopping online or by catalog.

Further, close to 66% of survey participants indicated that they also considered it important to be able to cancel or change an order in person, online or by telephone at any time before the order ships or is removed from the store’s physical plant – the retail outlet.

Consumers have become spoiled with all of the channels available to shop and make purchases. The big box stores like Wal-Mart and Target still rely on flesh-and-blood foot traffic, though many of these operations maintain a significant web presence, as well.

And the individual, small retailer, who owns the local hobby shop in town, still counts on walk-ins to his or her store. However, that same small hobby shop owner should have a website to compliment that real-world outlet. And on that website, which provides global exposure for that small hobby shop, the owner should strongly consider adding a toll-free number to accept telephone orders. In other words, the more channels available to consumers to access your products and product information, the more sales you’ll generate.

The Appeal of Offline Shopping

People still go shopping in the store! Just check out the local mall as the holiday season approaches for irrefutable, empirical evidence. It’s a zoo out there. And given the hassles of driving to the outlets, parking the car, walking to the mall entrance, locating the store you’re looking for on a “You Are Here” map and actually getting to that retail outlet, it might be hard to understand the appeal of this 20th century approach to buying products. Especially if you’re a site owner wondering why people are going to all that trouble when you sell the same products online.

Consumers dedicated to the mall experience cite a number of reasons for their preference. The reason most often given is “I can get it now.” To some folks in some situations (“Oh no, the television just blew up!”) getting the product today is critical.

Other factors that come in to play? The consumer can touch the product, try out the features and make a well-considered, consumer decision to buy or not. There’s no worries about the security of the transaction. Since it’s made in person, and the item can be paid for with cash, there’s less security risk, though it is important to note that several major retailers have been hacked and sensitive customer data, i.e., credit card numbers, have fallen into the hands of the black hats, so this consumer perception is somewhat unrealistic.

Other reasons consumers give for wading through throngs of caffeinated, stressed-out shoppers include the social aspect of shopping. That’s one reason every mall has a food court – usually a big one. A few hours of shopping, a quick lunch, and more shopping is what the experience is all about. It’s actually fun for lots of people to go to the mall.

The Expanding Appeal of Online Shopping

There’s no doubt that consumers have grown comfortable making purchases on the web. In 1999, fewer than 5% of buyers made a purchase from a website. In 2008, the last time annual consumer spending stats were released, the number of consumers buying online had risen to an estimated 45%, making the web the fastest growing marketplace in history.

And the reasons consumers give for their preference for online shopping aren’t surprising, though they may suggest features you might want to add to your site. The number one reason consumers buy online is convenience. They can shop at 3:00 AM in their PJ’s if they want to. Try doing that at Home Depot and you’ll get yourself arrested.

Another reason for shopping online is the ability to comparison shop. With search engines indexing more and more product pages, it’s a snap to compare prices by make and model number, whether we’re talking digital cameras or a washer-dryer combo.

The web is also a great place to access information about a product, including reviews by previous buyers, magazine and technical reviews and detailed product information. In fact, a large segment of the buying public uses the web to access information on a product before heading off to the local mega-store to make the actual purchase.

There’s also a strong perception among web buyers that prices are lower online. Lower overhead with the savings passed on to the consumer. This isn’t always the case and it’s a misconception that has led to some questionable marketing practices. The giant electronics chain, Best Buy, has been caught offering products at one price through their site, drawing buyers to their stores and upping the in-store price, much to the chagrin of many careful consumers. Not quite the old bait-and-switch but darned close.

Finally, consumers like web shopping because they know, right away, whether the product is available. There’s nothing more frustrating than going to the mall to pick up a sale item, only to be told that the item is sold out “but here’s a rain check.” Great, now you have to go back. Not so when buying online. And many consumers give “product availability” high value when shopping.

The Appeal of a Toll-Free Number

Is there a big, toll-free telephone order number on every page of your commercial site? There should be. Yes, it’s an additional expense every month but it opens another buying channel for potential customers and can you really put a price on that?

A toll-free number allows buyers to talk to a human being. (BTW, those automated ‘press one’ answering systems will send some buyers screaming from the room. When a buyer calls to place an order, a human should answer to take that order.)

If your sales justify the expense, go with a commercial answering service – something that’s now outsourced to other countries to keep costs down. It’s your choice based on your budget. Just make sure that the telephone reps have a well-written script and access to a detailed knowledge base that you (or your product experts) prepare. Don’t expect your telephone reps to rely on a website product description to answer a complex question. Provide the scripts and the FAQs – in bulk.

Marketing Synergies

As you open additional marketing channels, for example email, direct mail catalogs, flyers, brochures and other marketing collaterals, post that toll-free number and your URL on every page.

Invoices, letterhead stationery, automated invoices, auto-responders, downloadable reports and other text-based information should show the URL and toll-free-number above the fold – top of the page.

And be sure to notify site visitors that they can visit your store and then provide a map. Encourage visitors to “Stop on by. The coffee’s on us.” This strengthens the relationship between where the visitor found the product and/or information and where s/he’s going to buy the product – your brick-and-mortar on Main Street.

Your customer service scripts should also reference your site. A simple “Please visit our website at (insert your site’s URL here)” will do it. Also, use these reps as sales generators telling callers about on-site specials. With each of these marketing channel interactions, you’re creating a larger presence and increased credibility with potential buyers. And that means more sales in more ways.

The thing is this: create as many channels to your products as you can. It’s what today’s “spoiled” consumer expects. Then, develop marketing synergies between these various channels to see an even bigger return on your marketing investment.

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