August 4, 2002 E-ComTips
RE: Service ID [1] for [5]
Good morning [3],
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WHAT'S NEW?
In our last issue of E-ComTips we discussed credit card fraud and charge backs.
Wouldn't you know it: shortly thereafter one of our IAMS accounts was hit with
a series of stolen credit cards. We think the story of what happened makes
interesting reading and is informative. So, we have included a description
below in the "Recent..." section.
In this copy of E-ComTips we will get back to a review of ways to get your web
site known. This is a broad issue that can only be covered superficially in
a newsletter. What we try to do is point you to resources for further
information.
If there are any issues in
particular you would like us to cover, drop us a note and we'll see what
we can do. Please use the Mail Form
at ImagineNation to correspond.
Team....ImagineNation |
E-ComTips
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Using the E-Commerce Internet .... getting known |
Previously, we covered search engine listing
as one way of attracting visitors to your site and the need for the listing
to appear in the first couple of page returns. For the new guy on the
block though, unless you have something entirely unique to offer, getting top
listings is not always easy nor is it necessarily immediate.
Having spent the time and effort getting your store set up, you cannot now
just sit back and hope visitors will come. Even offering all of your products
for free isn't going to do any good if no one shows up. So you need to explore
alternative ways of advertising your site. The search engine listings are a
good starting point because they can be covered in a day or two and cost
nothing, just don't forget to go back periodically and make refinements.
ADVERTISING YOUR SITE
Advertising a web site falls into two general categories: what we call on-Net
and off-Net. Search engine listing is an on-Net effort. Some other on-Net
avenues of advertising are:
cross linking e-mail notices banner ads
affiliate programs news group posting word of mouth
Off-Net advertising encompasses all usual media: print, radio, television,
snail mail, etc. The problem with any advertising is that it usually takes a
broad effort across multiple media types to be effective. There is an old joke
about this: A merchant is talking to John, his accountant. The accountant
tells the merchant, "Jake, you're spending twice what you should on advertising.
You need to reduce this ad budget by half." The merchant responds, "I know that
John, but which half?"
The point is: advertising can be expensive and it's not always obvious where to
put your money. It's usually not any one campaign, but the overall effort that
makes advertising work.
ON-NET PROMOTION
E-Mail is probably the method of
on-Net promotion that comes to mind after search engines. You probably get so
much unsolicited e-mail every day that it seems like this could work for you
too. E-mail promotion is a major topic for discussion to which we will
devote the entire next issue of E-ComTips.
Cross Linking is the "I'll link to your site if you link to my site." method of
promotion. It used to be very effective as a way of increasing the apparent
popularity of your web site. This popularity is used by some search engines
as one element in ranking a site. Today, however, many cross linking offers
of this type are simply scams to get you to place someone's banner ad on your
site in a prominent position while your ad or link gets buried on a page of
hundreds of ads.
Banner Ads can be expensive and
can produce very uncertain results. Except in special situations, we would not
recommend buying a banner ad based on the number of impressions (the number
of times an ad is displayed on a publisher's site). You may find
yourself paying for 10,000 impressions with almost no visitors.
A click through rate is the percentage of viewers that actually visit your
site from the ad link. This can be can be very small. IE: under 0.1% of
impressions. Paying for a banner ad based on the number of click through
visitors will be much more costly per instance than paying for impressions
and unless a high percentage of visitors actually make a purchase, the cost
per sale may end up being be more than the item price.
There are, however, some legitimate banner ad exchange services such as
LinkBuddies and LinkHut. These services can be a very good way to try out
banner ads to see how well they work for you. The companies provide you with
an account that displays your ad on other web sites based on a ratio of the
number of times you display one of their ads. Check out:
LinkBuddies.com
and
LinkHut.com
If you are intent on placing a banner ad, you will find numerous on-line
services for locating sites and placing ads. There is also a wealth of
information on things you should know first. Just run a web search for "banner
placement". The best known banner marketing provider is probably DoubleClick.
Their banner marketing site is
Dart.
If you're on a limited budget, we recommend that you do your own search to
locate web sites that relate very specifically to what you're selling and
negotiate prices and placement directly. For instance, if you are selling
model airplane engines, find non-commercial, informative sites that cater
specifically to the model airplane hobbyist. Such a site might just welcome
the addition of a resource link and provide free space.
News Group Posting is essentially a public
e-mail. Your message gets hosted on a news group server and is available to
anyone that has a news group reader application and wants to take a look. Most
browsers have news group capability.
This can be a very effective way of advertising for free when done correctly.
First, don't spam by posting to news groups unrelated to the products you are
selling. Be very selective of the groups or you'll soon be ignored. Second,
make your posting is informational as well as promotional. In fact, this is a
great opportunity to regularly publish a mini newsletter.
One word of advice when posting to news groups: show your web site URL but
don't publish your e-mail address. Many e-mail address harvesters scan news
groups for new addresses and use these addresses to send you unsolicited
e-mail advertisements. There is a limit to how much Viagra you can use if
you expect to get any work done.
Affiliate Programs can be an effective way
to drive traffic to your site. Amazon was one of the pioneers of a successful
affiliate program. These programs involve paying a commission to a linking
site whenever a sale results from the link. They require the merchant to
keep accounting records of sales vs. link and make payments periodically to
the linking site. For this reason, affiliate programs can be complex to set
up and will require special server side scripts and a database to maintain
records. There are, however, service companies that will provide the software
and/or services for a fee. A search of the web will locate many. A couple of
them are:
MyAffiliate
and
ClixGalore
Word of Mouth sounds like a strange
suggestion for Internet marketing since your customer's are probably spread
all over the globe. The fact is though that people of common interests still
talk to each other via e-mail, chat lines, and over the telephone. And the
best way for getting them talking about your web site is to make it interesting,
informative, and compelling. So offer more than just a store for selling
your products.
On-line shoppers are above average in their interests, education, and disposable
income. These folks love information even when it's trivia ....sometimes
especially so. So, add some interesting facts about your products: maybe
a little history, or the manufacturing process, or some demographics on usage.
People return to and talk about interesting web sites.
And because people love to talk, don't forget about the "blog" sites. We don't
have a clue why they're called this but, these sites are a kind of interactive
news group sometimes called web rings. Subjects can be regional, topic
specific, and all over the map.
At last count, MetaFilter had 14,000 members and is a web ring that accepts very
low cost two line text ads. The limited amount of copy is an opportunity to
make your ad compelling by making it mysterious. With a good ad, we think
you'll be surprised at the visitors you'll get. Read some postings at
MetaFilter and get
their information on ads at
Text Ads.
Find other blog sites that may be more suited to your particular situation
by searching on "blog".
WHAT TO DO
Let's assume your Internet store is a new venture and you're going to try and
make it work on a shoe-string budget. We'll further assume that what you have
to offer either comes with a lot of added value, is a unique item, or is
unique to your local area. If it isn't one of these, and you're going to try
to compete with the big boys, well, good luck.
First, keep in mind:
Sell your web site and use the web site to sell the product.
Then avail yourself of any free on-Net avenue for
promoting your site that seems appropriate. Just don't spend a lot of time up
front on these methods. Work them in as you go along. Also look for some
suitable blog sites that accept small text ads.
Our main suggestion is to go off-Net with print media to sell your web site.
You first need visitors and the sooner the better. There are some relatively
low cost ways to do this. For instance, a two line classified ad in a related
trade magazine or your local newspaper can be very effective.
The ad may look like this:
Everything about widgets.
http://my_domain.com
It doesn't look like:
The best widgets around.
http://my_domain.com
That "best" statement requires a selling job. Save product selling for the web
site. Sure, we may have over simplified but, you get the picture. Using
off-Net avenues of promotion for a web site may seem counter intuitive but,
take a look at what some of the major sites have been doing.
Next issue: Getting known .... e-mail marketing
Up-comming: more on attracting and keeping customers |
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Recent Changes
Improvements Upgrades Stories |
It's summer and not much is happening in the way of upgrades and improvements
but, we thought you might like reading about a recent experience we had with
an IAMS account.
Shortly after our last E-ComTips newsletter on credit card fraud and
charge backs was published, one of our IAMS accounts was hit with a string of
67 charges using stolen credit cards. Twelve of these transactions were
actually settled before the red flags went up in earnest.
Normally we do not view orders on any IAMS account as we consider this the
private information of the merchant. On the other hand, as the merchant's
representative for order processing with credit card transactions we do
reserve the right to do so in special situations or when requested by the
merchant.
In this case we took a look and found that all order details looked just fine:
suspiciously so. On all 67 orders there was a perfect match between the
billing and shipping addresses and every originating IP address was different;
however, there were no customer entry errors, no abandoned shopping carts, and
addresses were not being verified by the financial networks on a sequence of
67 orders.
This caused us to print out a list of the credit card numbers being used.
Based on the first six digits we were able to identify the issuing banks. A
couple of phone calls latter confirmed our suspicions. These were all
stolen card numbers. The person identified from the order detail page was
not the rightful owner of the card.We immediately blocked further processing
and returned funds for those first twelve orders.
Whether or not this was a deliberate attempt to defraud on the part of our
IAMS client or the client was an innocent victim is an unresolved issue. The
point is that, behind the scene, we are constantly vigilant. We make every
attempt to protect both our client and the customer.
In this case we helped the client avoid charge backs and the loss of
merchandise and services and blocked unauthorized charges to their customers.
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Tips 'n Tricks
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The information on getting known ran long so
to keep down the size of this week's newsletter we're omitting this section
this time.
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