26 Nov 2008

How to grow your e-commerce site in the economic downturn

Today, Comscore forecasted flat growth for e-commerce holiday spending. Many online retailers are experiencing slowing growth due to customers deal-hunting and buying fewer, less expensive gifts. As customers become more frugal and spend with discretion, it’s important for online retailers to engage customers. The E-Commerce Times recently published an article about enhancing customer experience that mentioned that “traditional e-commerce sites are almost absurdly passive,” (which is also true about most company web sites in the service industry).

Part of good marketing and earning new customers is knowing them and anticipating their needs. Engaging customers — and touching on emotion — can help generate sales. The article discusses a few examples of website features and microsites that are good examples of “out of the box” sales generation tools.

During a client presentation back in September, I used the example of JC Penney’s “Get that look” microsite as a good example of how online retailers can use online video and interactivity to engage customers and sell products. The video was for the “back to school” timeframe and has been taken down, but the “choose-your-own-adventure-style” interactive rich media featured well-merchandised products available at JCPenney’s web site.

The Ecommerce Times article lists other examples of retailers that engage customers if you’d like to see examples.

Get some other ideas to respond to the economic downturn:

If you'd like to learn more about how to make your web site more effective or improve your online marketing, email me or call me at (804) 335-1477. You can also subscribe to our company newsletter, follow me on Twitter or connect on LinkedIn.


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