Okay, so it’s no secret that mobile e-commerce grows at an incredible rate. But just what is that rate?
E-marketer estimated $262.3 billion in sales for 2013 (according to Forbes). By 2017, they expect that number to be around $440 billion. That equates to an annual growth rate of 13.8%!
So what should you do to make sure you maximize Â your revenue during that time? A few tips:
1. Your Site Has to Look Good on Mobile, and Similar to Your Parent Site
In many cases, you can just use a responsive site. In others, and especially if you have a larger site, it makes sense to have an entirely separate mobile version. If you go that route, make sure all the sites are similar (if not exactly the same) in design so customers have a consistent brand experience.
2. Optimize Image Sizes
Cellular broadband connections still aren’t nearly as fast as their wired counterparts. You must have a beautiful design and you should have gorgeous product images. But, you also have to keep their file sizes as small as possible. A few tenths of a second do make a difference in the number of online sales you make.
3. You Should Have a Help/FAQ Section
Most websites have this, but many mobile e-commerce sites are guilty of leaving these sections out of their site. If you force them to go to a desktop version of your help/FAQ section, they’ll be less likely to actually browse through it because it won’t be as easy to use on a mobile device.
That’ll definitely cost you some sales.
4. Test Your Design on All Mobile Operating SystemsÂ
This tip seems fairly common-sense, but designs and coding are unpredictable, if nothing else. For example, Android 2.1 doesn’t support the background-size CSS property. And that causes headaches when it comes to sizing images.
You never know what could go wrong, so make sure you test your design out on all major mobile phone operating systems.
5. Set Different Portrait and Landscape Text Sizes
Why does this make any sense to do? Well, when people turn their phones from portrait view to landscape view, what they really want is larger text – not longer lines. You generally want a size around 14 pixels.
6. Use Collapsible Navigation with a Single-Column LayoutÂ
It’s almost imperative to use a single-column layout. People’s fingers are simply too large to navigate more than one column on a single smartphone screen. Collapsing your initial menus makes them all easy to see right away on the home screen.
Enjoy Your Profits!
Mobile commerce is all about user experience. If you follow these tips, you certainly will do all right as e-commerce grows in the future.
So this week we have something a little different for you. VoucherCloud recently approached us with this infographic regarding the modern mobile consumer:
What Do You Think About this Information?
There are a number of interesting points this infographic makes:
â˘ 90% of mobile traffic will come from cloud applications by 2018
â˘Â QR codes are being used more often for gamification purposes (accumulating points, for example)
â˘ More than half of all of Amazon’s customers purchased on a mobile device in Q4 of 2013
â˘Â By 2018, mobile video will be responsible for 69% of all mobile data traffic
â˘Â Brands will make their e-commerce store experiences more personal and immersive
â˘Â You’ll have to learn how to respond more rapidly to market demand because consumers have access to more information and can make better purchase decisions for their unique needs
â˘Â Consumers are more likely to purchase on ethically manufactured and environmentally-friendly products
So armed with that information, what do you think of those trends? How do they affect your store? How could they affect your store? Is your store ready for these changes?
It will be interesting to see how all these potential changes play out in the future.
A recent comScore report shows mobile commerce could account for $25 billion in spending by the end of this year, which means it may account for more than 10% of all online e-commerce spending. Â Andrew Lipsman, VP of Analysis at the company, also notes that mobile e-commerce is growing at a faster rate than its traditional counterpart.
You can clearly expect this trend to continue to grow in the future – how far do you think it will go?
Regardless of what you think, it’s important to keep all customer transactions safe. Â Hackers and scammers of all types and varieties have proven throughout history they’re willing to do whatever is necessary to get their hands on someone else’s private information or money.
What can you do now to ensure their private information stays safe?
Here are a few steps you can take to ensure that happens when they use your site:
1. Â Don’t ask for any more information than necessary – Not only is this a good practice for optimizing your conversion rate on your order page, but it’s a good idea from a security perspective too. Â ”Less is more” is a saying that holds true when it comes to mobile commerce. Â Get the bare minimum information you need and let go of the rest.
2. Â Recommend a mobile antivirus app – This is good for your customers in general and also especially for Â their online transactions. Â Hackers abound and often send very realistic-looking URLs from spoofed e-mail addresses that could convince your customers to give them their personal information. Â You don’t have any control over this, but you can alert them to the issue and recommend antivirus as a safeguard to counteract the threat.
3. Â Use encryption – HTTPS protection authenticates the web site and server your customers are communicating with. Â However, make sure your entire site is hosted over HTTPS. Â If even just some small portions are loaded over HTTP, then your users will be vulnerable to some surveillance and attacks.
4. Â Remind your users to never use public networks – If they stop in at Starbucks, browsing the general web is okay. Â However, remind them to refrain from purchasing on such networks. Â They’re much easier to hack into than a private one at home.
5. Â Keep your branding consistent – Because hackers try to imitate your site, make sure you keep all your branding/images/payment processes 100% consistent across your entire site. Â Do the same when e-mailing. Â This lets your users know they are somewhere familiar and trustworthy.
Safety and Trust Sell
The more you can sell safety and trust, the better off you will be in the long run. Â Attacks from cyber criminals will only continue, and much like those who develop new security solutions, they engage in developing innovative techniques of their own.
If you are brand new to creating online stores, you might be wondering, “What is ecommerce and how do I get started?” Â You know people are shopping online more than they ever have before, but what do the statistics say? Â They always provide a clearer picture of what exactly is happening in the marketplace at any given moment (courtesy of Statista.com):
> In 2011, Amazon generated $48 billion in revenue
> By 2015, total revenues for all websites will rise to $269 billion
> Online retail accounts for most of online revenues, at $162 billion in 2011
> The number of online US shoppers will grow from 137 million in 2010 to 175 million in 2016
So, as you can see, the internet provides quite a lucrative opportunity now and in the future.
How do You Get a Piece of the Pie?
The first thing you’ll say to yourself is, “Amazon clearly dominates the on-line selling space – how can I even begin to compete?”
You raise a good point by asking that question. Â However, the simple fact remains you cannot compete with Amazon. Â They have everything down to a science and do things much better than everyone else.
But, that doesn’t mean you can’t earn a successful, six-figure income from the internet. Â The key for newbies lies in identifying a specialized niche where you don’t have to compete on a price. Â For example, we know of sites selling high-end wedding apparel and products and a site specializing in selling long-range hunting equipment, both generating more than six figures in net income for each of the respective owners.
How do You Identify a Niche?
The first key to developing a successful e-commerce site lies in selling a product you really believe in. Â So, you have to either have life experience with a certain set of products you’d like to sell, or start selling products you find very attractive.
That passion carries you through the hard times, as well as the boring minutia of running any business. Â Once you have that passion identified, then it’s time to start performing some research.
Take a look at the existing products similar to yours and understand what your market looks for. Â Once you know the shortcomings of the product in relation to what the market wants, then you’ve identified your niche. Â Your product must fulfill some need not currently being met.
How Does Marketing Work?
If you don’t know anything about marketing online, that’s okay. Â But, what you do need to know is that if you don’t have a company at least helping you with your online marketing, you won’t be able to stay competitive long-term. Â Companies exist that help you rank at the top of Google for your targeted search terms. Â They are called “SEO” or “internet marketing” companies. Â There are a number of other ways to get people’s attention online, and you’ll need help doing it long-term.
Fortune3 Helps You with Everything Ecommerce
Fortune3 is a unique company in that we help you with everything related to developing a successful ecommerce site. Â The idea is up to you, but we can help you with:
> Payment processing
> Search engine optimization
> Pay-per-click advertising
You’ll have a hard time finding all of these services under one roof, let alone a single company specializing in all of them. Â If you’ve been wondering, “What is ecommerce?” hopefully we’ve answered your questions. Â Please contact us if we can help in any way.
How to Optimize Your Mobile Website
In this generation of smartphones, offering mobile websites to users is a must and not just an added perk. If you still donât have mobile version then it is time that you get down to business. Here are some tips that you can use to optimize your mobile website for better user experience and search engine optimization.
Tips for User Friendliness
1. Understanding Mobile Consumers: Understanding the consumer is the first step in the development of any product. Mobile websites should be no different. You need to understand the thought process of the people who will be using your mobile website.
2. Decluttering: Remember a mobile website is built for a smaller screen. So, stick to keeping things simple and functional. |
3. Maintain Consistency: Branding consistency is important. Therefore, make sure that your mobile website and other version all follow a consistent branding in terms of design.
5. Avoid Pop-up Windows: This is not a desktop website so avoid use of pop-up windows completely. They can be a pain on mobile devices and your users will not appreciate them.
6. Include Link Backs: There should be a link back to the full website for the mobile users. Even though there are very few users who would want to access the full website, but you want to make sure that the link is present for the ones that are interested.
Tips for Search Engine Optimization
1. Use Responsive Web Design: The biggest benefit of responsive web design is that it will serve the same HTML with separate CSS. Using CSS media queries to determine the rendering for different devices. Google considers this best industry practice and encourages all websites to follow it. Without a responsive web design you will have to make sure that the Googlebot indexes the instances separately.
2. Use a Mobile URL: Google has explicitly stated that it supports mobile URLs. The mobile URL should be through automatic redirection between mobile and other devices. You can use both HTTP and JS redirect protocols depending on the website.
3. Mobile Canonical Tags Should be Handled with Care: Previously canonical tags were left from all mobile pages. However, now Google has clarified that they should appear on all mobile pages, even if the content on them is slightly different. This way your pages can rank for their unique content on appropriate platforms.
All these tips will help your optimize your mobile website so that the use experience is enhanced and tits becomes optimized for search engines. What must be kept in mind is that a mobile website is not one to make it and then forget about it. It needs to be updated from time to time so that it can continue to meet industry standards.
When the almighty Google talks we listen. Yes! Google has released a stat that you have to say to yourself (if youâre an online retailer,) âOK, we need to make sure we have a mobile version of our website!â Lucky for Fortune3 customers, that is already possible for you.
According to Google, 61% of visitors to a non mobile site are unlikely to return to that website! Thatâs well over half of visitors that you may lose from coming back to make the final sale because you werenât âmobileâ ready. But wait; there is another very big stat to look at. When a mobile site is available, consumer engagement increases by 85%! Not sold yet?
A mobile website ensures easy navigation for those on mobile devices and tables and also optimizes the speed of a website.
According to Forrester research, mobile commerce (or M-Commerce) will reach $31 billion in 2016. Do you want a piece of that? Of course you do.
âWe project that 44 percent of last minute searches for gifts this holiday season will be mobile searches,â said Haines. âWeâre just seeing more and more commerce activity moving onto the mobile device.â
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Mobile, mobile and more mobile. If youâre an ecommerce merchant and reading the latest tech and online marketing blogs, you know how important mobile is, has become and will be even more so in the near future. The world is moving toward surfing the net more and more via mobile devices and tablets.
Emarketer.com forecast a 50% increase in mobile shopping for the 2011 holiday season! If you donât see this stat and say, âOK, we need to make sure weâre doing what we need to for mobile,â youâll really be behind your competition or miss out on sales. MAKE SURE your ecommerce website has a mobile version for easy and faster navigation for consumers browsing through your website.
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Youâve been hearing all the buzz about tablets, especially the iPad, right? The iPad has and is revolutionizing the way consumers search and use the web. Itâs yet another tech gadget that gives us the ability to do what we want from a small machine, especially use the internet.
When it comes to mobile, a recent study shows that tablet users show greater âmobileâ purchasing than smart phone users!
Emarketer also reports on a very interesting state which states, âIpsos also presents a group of consumers called âdual ownersââthose who own both tablet and smartphone devices. Dual owners, Ipsos determined, conduct m-commerce purchases twice as often as those who own only smartphones. Dual owners, on average, made more than 20 mobile purchases over the past year.â
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Pay-per-click (PPC) advertisements are one of the most known marketing strategies in the online world. With this, PPC advertising has now spread to the world of mobile internet
Why the Mobile Platform is Different
Despite having the same marketing goal, PPC strategies do not work the same in different platforms. What works on a regular browser will not work on a mobile searching tool.
Basically, what makes the mobile platform different from a regular platform (as in a desktop computer) is the ad copy and the various goals that searchers using a mobile device have. These goals require different tactics and strategies rather than the traditional search. The mobile platform and the traditional platform differ significantly in areas like keyword selection, user intent, and specific types of mobile devices.
Extending PPC Advertising to a Mobile Platform
Once you have already succeeded in making an effective marketing strategy in the desktop search platform, you might then consider extending your advertising to the mobile platform. To do this, a separate advertising campaign will have to be created for the mobile platform. This will enable you to customize the ad copy for general mobile users, as well as for those users of specific mobile devices.
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Any internet business that is trying to market or brand itself should consider creating a Facebook application. A Facebook application is a great way to engage customers and consumers with your brand.
Online marketers, especially those newcomers to the scene have questions about demographics, who uses them, how, through what devices, etc. Mobile advertising and marketing firm INNERACTIVE has made an info graphic that is telling of men vs. women in mobile apps and can help you decide certain things about your mobile applications and mobile advertising.
Some of the key findings of the data:
- The average clickthrough rate (CTR) for men is quite a bit higher, at 2.73 percent, than it is with women, at only 1.65 percent.
- The two groups generally have difference app preferences, which shouldn’t be a huge surprise, but the study also found that there are different levels of effective cost per mille (eCPM) and CTR based on the type of app.
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