Monday 11 July 2016

Moneyspyder Turns 10!

This week Moneyspyder celebrates it's tenth birthday. We're very proud of the work we've done helping online businesses grow, building industry leading ecommerce websites and helping people improve their digital marketing.

Thanks goes to our clients - virtually all of whom have been a pleasure to work with. It's been a great journey watching (and hopefully) helping you grow your business.

We're not done yet! Ecommerce is a fast moving world but some things never change; we believe there will always be a need for people to point out that the key to getting ecommerce right is to be responsive, keep it simple, and stay disciplined.

Is it too early to mention Christmas Ecommerce?

While the summer tries to make a stuttering start we thought it was about time to start thinking about how to maximise Christmas performance. As with all things, a successful ecommerce Christmas relies on careful planning and doing simple things well.

So, with apologies for bringing up Christmas in July, here are our top tips for getting prepared for the Christmas rush ahead of time:

  1. Mine Your Data - Your most valuable resource for deciding what you should do next Christmas is data you have from last Christmas. Look at who bought from you and when in previous years. Use this build build segments for your email campaigns. Review what products you sold most of last year. Can these categories be expanded? Are there any categories that didn't sell well? Additionally, review which promotions worked the best; what times of year and what types of promotion were they? 
  2. Last posting dates - Speak to your couriers now. You may not have checked, but Christmas Day falls on a Sunday, which means that the week before will be critical to your business. Yet with DPD stating in Feb 2016 that they where already at capacity that week, based on contracted volumes, don't just assume that all will be well for you. 
  3. Embrace PPC - You might not normally use PPC but at Christmas it can be a great way to cut through the competition and boost traffic and sales. Customers are more likely to convert at Christmas which means better margins than the rest of the year. Google Shopping feeds, Remarketing Lists and image ads can take time to get right, especially if you have to go through external developers and designers so give yourself plenty of time to set these up. 
  4. Optimise Mobile & Tablet - 40% of ecommerce transactions last December were on mobile of tablet. We would hope that everybody has a responsive mobile template by now but are you doing everything you can to make it easy to buy from you on mobile? Adding simple payment solutions like Paypal can give your conversion rates a real boost. 
  5. Improve Conversion with Plugins - Basket Abandonment functionality and review software, like Feefo or Trustpilot, are proven to improve conversion rates. We've seen great results with both types of software. If you want to get the most out of these improvements before Christmas, you're going to have to get coding and testing soon. (The same goes for mobile and tablet changes!). We recommend a 'code freeze' in Q4 to prevent any unexpected bugs and changes taking down the site during peak business. 
Need to know more? Visit our website here or send us an email to discuss your ecommerce needs.