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Williamson Hermann posted an update 6 days ago
E-commerce is on the rise, but ever thought about why exactly your audience wants to use the internet? Despite the fact that the idea of retail stores continues to be very popular?
Even though businesses spend plenty of time trying to define their buyer personas and ideal customers, they generally overlook the main psychology behind shopping online.
Customers don’t really buy anything from anyone online. They have a thought processes that either encourages these phones complete a purchase or drives the offending articles to another retailer. For example, products using a big price often face challenging in selling online. And then there are products which people would want to get a feel of before purchasing.
But with the changing times, e-commerce has become a way of life and businesses have realized a way to suffice the decision-making needs of the customers.
1. Wide range of products to pick from
Having a web based store provides you with an opportunity to get past the shelf space issues and include more inventory in your business.
While it will seem like difficult to most retail business holders, the potential of being offered an array of products on the internet is one from the primary reasons for the shift to digital shopping. More and more people today search for brands online instead of stores – they have more product variations, sizes, availability, etc.
For example, Amazon started as an online bookseller. But today, it sells from clothes, shoes, bags, watches to even peanuts.
2. Competitive prices for many products
Today, there are a number of people who visit physical stores to test a product, its size, quality as well as other aspects. But hardly any of them make the purchase readily available stores. They tend to discover the same product online instead.
The reason being, the expectation of an competitive pricing. These customers are commonly known as bargain hunters.
If it is possible to, offer competitive pricing on your products as compared to that on the physical stores. You could also elect to put a few products on every range, available for sale to draw the eye of bargain hunters.
For example, Snapdeal offers a ‘deal of the day’ – the location where the pricing of items is considerably low in comparison with what they would cost in shops. This makes the customers can use think these are bagging much, as well as the sense of urgency throughout the deal increases the number of conversions.
3. Reviews business online shoppers
According to Internet Retailer, 62% of customers look for online reviews on a product or service before purchasing it.
In physical stores, it really is impossible to get a shopper to understand what other customers are saying concerning the products – especially while using sales people ensuring they hear outright the good. And that’s another excuse, why they prefer shop online.
Offer reviews, ratings or customer testimonials for your products and display them clearly for the product pages. The better the rating, the higher are the odds of it to market.
4. Ability to compare prices
Moving from one brand store to a different can be really tedious. On the other hand, switching sites to compare prices of merchandise from different brands is a lot easier. Apart from the reviews given on different internet vendors, prices will be the next thing that customers try to find.
The best method of doing so is displaying a genuine price as well as the price you are offering. It becomes easier for the crooks to notice the difference, thus, the chances of which seeking to other retail internet vendors become a lot lesser.
For example, in case you are running a winter sale, make sure you display the main price, the proportion of your offering along with the new price about the product pages. And don’t forget to highlight the offer on your homepage also.
5. Saving a great deal of time
Traveling to stores which are not close by just because you want to purchase from a certain brand, is usually a put-off. That may be the reason why most customers seek to websites instead. The ability to read through the products and purchase whatever they want, from wherever they’re, saves them lots of time.
But what these customers generally ask for is the efficiency of delivery that an online retail store offers. Be it a ‘next day delivery’, ’48 hours delivery’ or perhaps a ‘standard delivery within seven days of order’, keep your delivery information absolutely clear. And if possible, allow them to have the ability to pick their delivery date.