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When you need Caffeine twice a day just to be awake during the classes😐 #Starbucks #Coffee #Caffeine #SenecaSoMe #FinalSemester (at Seneca College)
What is holding E-commerce back?
(youtube)
As E-commerce has changed the B2C landscape over the past several years, some experts predicted that online shopping would make over 15% of total consumer purchases by 2014. However, the actual number has been revealed to be as closer to 5% today, so what has been holding E-commerce back from living up to its expectations?
According to market research company eMarketer, approximately 15% of all online shopping was done through some sort of mobile device in 2013. (eMarketer.com) A study done by the Online Publishers Association (OPA) found that tablet users accounted for 31% of users online in 2012. The study also found that 74% of these tablet users use their tablets at least once a day. (“A Portrait of Today's Tablet User Wave II” 6, 15)
As technology changes, Businesses must keep up with technology trends to be able to reach customers effectively. Given the increase in mobile device users, many retail websites still struggle to optimize their mobile shopping experience for users which ultimately frustrate them. Targeting users on portable devices such as mobile and tablets successfully require online retailers to make the shopping experience user friendly- that means making sure the visual layout of the site, product selection, order placement, ease of payment and order tracking is made to be as smooth as possible for the customer by concentrating on what the customer needs to do next to move forward with the order. Complicated checkout processes and other issues such as slow load times and required user registration will eventually lead to shopping cart abandonment by impatient users.
Another major factor keeping consumers hesitant from shopping online are security concerns involving financial transactions. According to a survey done by Kaspersky Lab and B2B International, “49% of Internet users worldwide felt vulnerable while shopping online or making online transactions, and 42% of users would utilize online payment systems more often if they felt they were protected from cyber fraud.” (Kaspersky.com) The report shed light on justified fears, as it also found that 43% of respondents had come across some kind of financial threat, users of Apple products being the most affected. (Kaspersky.com) While the online marketplace is still evolving, cyber data protection and safety continues to be a real concern for consumers, especially in the wake of events like retail giant Target managing to lose 40 million shopper credit and debit cards in December 2013. (Reuters)
For products such as clothing, high-end jewelry and handbags, a physical inspection is necessary to complete the sale. Consumers need to try on clothes to make sure the size, fit and feel of the product is adequate before making these types of purchases. Wearable luxury items also require close inspection by the customer to ensure the quality of the good being sold is up to the standard of the customer and no defects are found within the product. Many retailers have begun to include highly detailed images of their products on their websites which allow users to zoom in to examine the product closely; however there is currently no system that can replace physical inspection of actual items being sold to a customer at the point of purchase.
Luxury goods shopping in a brick and mortar store also include a highly personalized customer service experience- which is difficult to replicate in an online environment, especially since there is no human interaction in most e-stores. Many online stores offer customer service in the form of online chat support or 1-800 help lines, yet this still does not measure up to the level of personalized service offered by staff in brick and mortar stores. At the end of the day, customers will end up choosing to go to a physical store to make these kinds of purchases if not for the service, then to see, hold and inspect the product before buying.
Works Cited
Digital image. YouTube. N.p., n.d. Web. <http://img.youtube.com/vi/uOdcn6Q8cVA/0.jpg>.
"Smartphones, Tablets Drive Faster Growth in Ecommerce Sales - EMarketer." Smartphones, Tablets Drive Faster Growth in Ecommerce Sales - EMarketer. EMarketer, 24 Apr. 2014. Web. 24 Sept. 2014.
A Portrait of Today's Tablet User Wave II. N.p.: Online Publishers Association, June 2012. PDF.
"Security Concerns Holding Back Usage of Online Payment Services, Kaspersky Lab Study Shows." Security Concerns Holding Back Usage of Online Payment Services, Kaspersky Lab. B2B International in Conjunction with Kaspersky Lab, 25 Aug. 2014. Web. 25 Sept. 2014.
Reuters. "Target Inevitably Loses Shoppers In Wake Of Data Breach." The Huffington Post. TheHuffingtonPost.com, 23 Dec. 2013. Web. 25 Sept. 2014.
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"Success is not final, failure is not fatal: it is the courage to continue that counts."
Winston Churchill
5 tips for using Vine for business
With over 13 million users, Vine is one of the hottest new social media platforms. Owned by Twitter, the basic premise of Vine is to create and share a 6-second video clip. While 6 seconds may not seem like a long time, the level of creativity that users have demonstrated since Vine launched is astounding.
Here are 5 tips on how you can use Vine to creatively engage with your customers.
1. Show what your product can do
Think your product has an interesting feature or aspect that you can show off in 6-seconds? Show it! Or maybe you can demonstrate interesting and uncommon uses for your product. Perhaps you sell packaged food, use Vine to show your followers interesting dishes they can make using your product. Take advantage of Vine's visual nature and make your followers want your product.
Nintendo used Vine to show off exactly what customers would get if they purchased their new WII U bundle
2. Show off your staff
Maybe you're not selling a product, but rather selling a service. Show your followers why your staff are the best people available to serve their needs. Do something fun and creative to highlight how amazing your staff are.
Go Local used vine to show off their staff setting up for a conference.
3. Show off your office/store
Want to get more people in the door of your office or store? Show them why it's such a great place. Vine's 6-second limit doesn't give you enough time to show off the whole office/store so pick the highlights and remember to try and be creative. Try to work some of your staff or customers into the video as well.
Urban Outfitters used vine to show off the exciting things that go on inside their stores.
4.Tell a story
Using Vine to tell a story is probably the most popular use of the platform. Telling an effective story in 6-seconds is difficult though, so think hard and try to make in thoughtful, entertaining and a little out of the box.
The Gap used vine to tell a story about the history of their denim jeans
5.Amuse your audience
Remember that the best way to gain a customer’s loyalty is to create an emotional connection with them. Do something unique or funny and make your followers not want to miss a single one of your Vines
Email designer MailChimp crafted this amusing vine of a dog standing on their mascot
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Take a look at some example from the Seneca SoMe gallery and how we used Vine to promote ourselves.
Have you creatively used Vine for your organization? How did it work? Please comment below, and don't forget to share the link!
-By Warren Johnson
Warren Johnson is a recent Seneca College graduate. After successfully completing post-graduate certificate in Marketing Management, @Warrenh_johnson is currently pursuing opportunities in the marketing field as well as working as a social media strategist for SenecaSoMe.