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Page 1: Secrets to Online Merchandising Handout · Successful Online Merchandising Property of Dominion Enterprises™ 2011: Copying or distribution of this document is prohibited Warning:

11/9/2011

1

Property of Dominion Enterprises™ 2011: Copying or distribution of this document is prohibited

Secrets to Successful Online Merchandising

Property of Dominion Enterprises™ 2011: Copying or distribution of this document is prohibited

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What is Online Merchandising?

O li h di i d ibSecrets to Successful Online Merchandising

Online merchandising describes how you display your products and services on your website. It’s a fundamental task in making sure your website makes your customers happy and makes you

Property of Dominion Enterprises™ 2011: Copying or distribution of this document is prohibited

customers happy and makes you profit.

90%of consumers start their boat search online

Why is it imperative?

Secrets to Successful Online Merchandising

online

17%more leads are generated for dealers who showcase boats through video

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66%of walk-ins have already visited your website & arrive to your dealership knowing what they want

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The goal of your website is not to sell more boats

What is the goal of your website?

Secrets to Successful Online Merchandising

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The first secret revealed…

Secrets to Successful Online Merchandising

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Everything I know about online merchandising, I learned from my dog.

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Secrets to Successful Online Merchandising

Pet principles are stripped of human bias and rely solely on

cause & consequence.

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Old dogs can (and should) learn new tricks:1. Flashy doesn’t mean functional.2. Friendly greetings are key.

Secrets to Successful Online Merchandising

3. Give a dog a bone.4. Curiosity killed the…5. Persistence pays off.6. Keep the “good stuff” within reach.7. Full bowls keep ‘em coming back.

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Warning:Dogs & cats don’t always see eye to eye.Understanding the market place and your audience is the driver for successful online merchandising.

Secrets to Successful Online Merchandising

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Warning:Dogs & cats don’t always see eye to eye.Understanding the market place and your audience is the driver for successful online merchandising.

Secrets to Successful Online Merchandising

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First Trick:

1. Flashy doesn’t mean functional.2. Friendly greetings are key.

Secrets to Successful Online Merchandising

3. Give a dog a bone.4. Curiosity killed the…5. Persistence pays off.6. Keep the “good stuff” within reach.7. Full bowls keep ‘em coming back.

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1. Flashy doesn’t mean functional.Flash is cool, but functionality and optimization are more important.

Secrets to Successful Online Merchandising

Video or Flash intros increase download timeLimited content Flash is challenging to optimizeMinimal calls to action

BECAUSE…BECAUSE…

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1. Flashy doesn’t mean functional.Flash is cool, but functionality and optimization are more important.

Secrets to Successful Online Merchandising

Video or Flash intros increase download timeLimited content Flash is challenging to optimizeMinimal calls to action

BECAUSE…BECAUSE…

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The Consequence

Secrets to Successful Online Merchandising

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The result when function out-weighs flashy.

Secrets to Successful Online Merchandising

Boat brands prominently displayed above the foldClear navigationReinforced branding & taglineDescriptive title tag & use of Alt+ tags improve SEO

BECAUSE…BECAUSE… CONSEQUENCE…CONSEQUENCE…

Achieve

higher rankingsand provide a better user

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SEO experience.

The result when function out-weighs flashy.

Secrets to Successful Online Merchandising

Boat brands prominently displayed above the foldClear navigationReinforced branding & taglineDescriptive title tag & use of Alt+ tags improve SEO

BECAUSE…BECAUSE… CONSEQUENCE…CONSEQUENCE…

Achieve

higher rankingsand provide a better user

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SEO experience.

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Trainer Tips: Optimized Homepages

Put it out there: Optimize your homepage with descriptive title tags, internal links in content and alt tags.

1Reaffirm your brand & site purpose: Clearly 2

Secrets to Successful Online Merchandising

display your brand and the brands you carry. 2Reinforce product promotions: Mirror any offers promoted in your offline advertising. 3Make it easy to keep moving: You want visitors to 4

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y p ggo beyond your homepage. 4

Trainer Tools

Secrets to Successful Online Merchandising

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Next Trick:

1. Flashy doesn’t mean functional.2. Friendly greetings are key.

Secrets to Successful Online Merchandising

3. Give a dog a bone.4. Curiosity killed the…5. Persistence pays off.6. Keep the “good stuff” within reach.7. Full bowls keep ‘em coming back.

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2. Friendly greetings are key.Like your dealership, your website should welcome prospects and invite them in.

Secrets to Successful Online Merchandising

Void of personal interaction

Lack of captivating visuals on the homepage

BECAUSE…BECAUSE…

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No indication of what this business offers

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The Consequence

Secrets to Successful Online Merchandising

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The result when your site invites them in.

Secrets to Successful Online Merchandising

Clear branding with company messageBoat brands displayed prominentlyIntro content to welcome the visitorClear benefits to visitor

BECAUSE…BECAUSE… CONSEQUENCE…CONSEQUENCE…

Visitors will move

deeperthrough the site & sales funnel.

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Shortcuts to move deeper into the siteInvitation to read newsletter

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The result when your site invites them in.

Secrets to Successful Online Merchandising

Clear branding with company messageBoat brands displayed prominentlyIntro content to welcome the visitorClear benefits to visitor

BECAUSE…BECAUSE… CONSEQUENCE…CONSEQUENCE…

Visitors will move

deeperthrough the site & sales funnel.

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Shortcuts to move deeper into the siteInvitation to read newsletter

Trainer Tips: Friendly Sites

Introduce yourself: Provide a brief overview of your dealership – what’s in it for the visitor?1Invite them to take an action: Include calls to action that encourage visitors to move deeper into2

Secrets to Successful Online Merchandising

action that encourage visitors to move deeper into the site.

2Show them what you’ve got: Prominently display the brands that you carry.3Make it easy to keep moving: You want visitors to go beyond your homepage4

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go beyond your homepage. 4

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Trainer Tools

Secrets to Successful Online Merchandising

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Next Trick:

1. Flashy doesn’t mean functional.2. Friendly greetings are key.

Secrets to Successful Online Merchandising

3. Give a dog a bone.4. Curiosity killed the…5. Persistence pays off.6. Keep the “good stuff” within reach.7. Full bowls keep ‘em coming back.

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3. Give a dog a bone…Link special offers & promotions to relevant landing pages. Visitors expect to see the offer when they click-through to the site.

Secrets to Successful Online Merchandising

The user searched for:

And clicked on this ad text:

BECAUSE…BECAUSE…

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The Consequence

Secrets to Successful Online Merchandising

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The result when links direct to relevant landing pages

Secrets to Successful Online Merchandising Decrease

bounce rate by

20%

CONSEQUENCE…CONSEQUENCE…

The user searched for:

And instead clicked this ad:

BECAUSE…BECAUSE…

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by linking promotions & ads to the most relevant pages.

The result when links direct to relevant landing pages

Secrets to Successful Online Merchandising Decrease

bounce rate by

20%

CONSEQUENCE…CONSEQUENCE…

The user searched for:

And instead clicked this ad:

BECAUSE…BECAUSE…

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by linking promotions & ads to the most relevant pages.

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Trainer Tips: Landing Pages

Link ads to the right page: Product-specific ads and keywords should link to product specific pages; more general ads should link to more general pages.

1

Secrets to Successful Online Merchandising

Mirror your ad title: The headline or title of your ad should mirror the one on your landing page. 2Make selling points visible: If you include compelling prices or special offers in your ad text, a customer will expect to see these on your site.

3

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Trainer Tools

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Next Trick:

1. Flashy doesn’t mean functional.2. Friendly greetings are key.

Secrets to Successful Online Merchandising

3. Give a dog a bone.4. Curiosity killed the…5. Persistence pays off.6. Keep the “good stuff” within reach.7. Full bowls keep ‘em coming back.

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4. Curiosity killed the...Visitors who make it to your boat detail pages are clearly interested. Give them the details; or they may assumethem.

Secrets to Successful Online Merchandising

Minimal description about the inventoryLimited photosClumsy navigation to return to search resultsNo additional resources or promotional offersIneffective photos

BECAUSE…BECAUSE…

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Ineffective photos

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4. Curiosity killed the...Visitors who make it to your boat detail pages are clearly interested. Give them the details; or they may assumethem.

Secrets to Successful Online Merchandising

Minimal description about the inventoryLimited photosClumsy navigation to return to search resultsNo additional resources or promotional offersIneffective photos

BECAUSE…BECAUSE…

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Ineffective photos

4. Curiosity killed the...Visitors who make it to your boat detail pages are clearly interested. Give them the details; or they may assumethem.

Secrets to Successful Online Merchandising

Minimal description about the inventoryLimited photosClumsy navigation to return to search resultsNo additional resources or promotional offersIneffective photos

BECAUSE…BECAUSE…

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Ineffective photos

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The Consequence

Secrets to Successful Online Merchandising

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The result when boat detail pages are descriptive & inform

Secrets to Successful Online MerchandisingQuick glance of featuresDetailed description with bolded featuresThree easy-to-find calls to actionShort cuts to view specific photos

BECAUSE…BECAUSE…

Increase conversions by

5% by adding more detailed

CONSEQUENCE…CONSEQUENCE…

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specific photosPromotion of relevant sales package

descriptions*.

* Google Case Study

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The result when boat detail pages are descriptive & inform

Secrets to Successful Online MerchandisingQuick glance of featuresDetailed description with bolded featuresThree easy-to-find calls to actionShort cuts to view specific photos

BECAUSE…BECAUSE…

Increase conversions by

5% by adding more detailed

CONSEQUENCE…CONSEQUENCE…

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specific photosPromotion of relevant sales package

descriptions*.

* Google Case Study

Trainer Tips: Boat Detail Pages

Include multiple photos & video: Engage prospects with multi-media that shows the details.1Create detailed descriptions: Use keywords that

i it i id i d t j2Secrets to Successful Online Merchandising

your visitors are using; avoid industry jargon. 2Highlight where to go next: Give the visitor options to take a next step – view photos, print listing, map dealership, contact, etc.

3

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Trainer Tools

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Next Trick:

1. Flashy doesn’t mean functional.2. Friendly greetings are key.

Secrets to Successful Online Merchandising

3. Give a dog a bone.4. Curiosity killed the…5. Persistence pays off.6. Keep the “good stuff” within reach.7. Full bowls keep ‘em coming back.

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4. Persistence pays off.The right message at the right time to the right prospect. Promotions should be visible and featured on relevant product pages consistently.

Secrets to Successful Online Merchandising

Promotion is near the foldNot prominently displayed Limited to homepageNo link to view specials

BECAUSE…BECAUSE…

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The Consequence

Secrets to Successful Online Merchandising

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The result when promotions are targeted, consistent & repetitive

Secrets to Successful Online Merchandising

Promotion is prominently displayed on the homepageClick-through call to actionPromotion repeated on search pagePromotion displayed on

BECAUSE…BECAUSE… CONSEQUENCE…CONSEQUENCE…

Reach higher-income consumers who are

more receptive

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Promotion displayed on product detail page to product-targeted online

advertising.

* RapLeaf Studies, 2011

The result when promotions are targeted, consistent & repetitive

Secrets to Successful Online Merchandising

Promotion is prominently displayed on the homepageClick-through call to actionPromotion repeated on search pagePromotion displayed on

BECAUSE…BECAUSE… CONSEQUENCE…CONSEQUENCE…

Reach higher-income consumers who are

more receptive

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Promotion displayed on product detail page to product-targeted online

advertising.

* RapLeaf Studies, 2011

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The result when promotions are targeted, consistent & repetitive

Secrets to Successful Online Merchandising

Promotion is prominently displayed on the homepageClick-through call to actionPromotion repeated on search pagePromotion displayed on

BECAUSE…BECAUSE… CONSEQUENCE…CONSEQUENCE…

Reach higher-income consumers who are

more receptive

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Promotion displayed on product detail page to product-targeted online

advertising.

* RapLeaf Studies, 2011

The result when promotions are targeted, consistent & repetitive

Secrets to Successful Online Merchandising

Promotion is prominently displayed on the homepageClick-through call to actionPromotion repeated on search pagePromotion displayed on

BECAUSE…BECAUSE…

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Promotion displayed on product detail page

* RapLeaf Studies, 2011

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The result when promotions are targeted, consistent & repetitive

Secrets to Successful Online Merchandising

Promotion is prominently displayed on the homepageClick-through call to actionPromotion repeated on search pagePromotion displayed on

BECAUSE…BECAUSE… CONSEQUENCE…CONSEQUENCE…

Reach higher-income consumers who are

more receptive

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Promotion displayed on product detail page to product-targeted online

advertising.

* RapLeaf Studies, 2011

Keep offers linking internally: Don’t lose visitors by directing them off your site for a special offer.1Tell them one more time: Display the promo at the 2

Trainer Tips: Successful Promotions

Secrets to Successful Online Merchandising

top of the sales funnel, in the middle and at the end. 2Add action: Promotional offers should be enticing and easy to access. 3

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Next Trick:

1. Flashy doesn’t mean functional.2. Friendly greetings are key.

Secrets to Successful Online Merchandising

3. Give a dog a bone.4. Curiosity killed the…5. Persistence pays off.6. Keep the “good stuff” within reach.7. Full bowls keep ‘em coming back.

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6. Keep the “good stuff” within reach.Keep lead forms simple, clear and easy to locate.

Secrets to Successful Online Merchandising

Too many fieldsIntimidating for an online consumerInternet users are not inclined to give out too much personal information

BECAUSE…BECAUSE…

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The Consequence

Secrets to Successful Online Merchandising

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The result when inquiry forms are convenient & clear.

Secrets to Successful Online Merchandising

Only three fields are requiredUnintimidatingPre-filled comment section

BECAUSE…BECAUSE…

Property of Dominion Enterprises™ 2011: Copying or distribution of this document is prohibited * DMM Internal Analysis

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The result when inquiry forms are convenient & clear.

Secrets to Successful Online Merchandising

Only three fields are requiredUnintimidatingPre-filled comment section

BECAUSE…BECAUSE…

Reducing the number of fields & moving the call to action above the foldincreased email leads by

CONSEQUENCE…CONSEQUENCE…

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increased email leads by

40%*.

* DMM Internal Analysis

Don’t require unnecessary details: Only ask the customer for information that is really needed. 1Expedite the process: Help the customer complete the forms by auto-populating fields where2

Trainer Tips: Making it easy to contact

Secrets to Successful Online Merchandising

complete the forms by auto populating fields where possible.

2Send an automated response: With so many options, customer service matters. Send a thank you and a timeframe for contacting them back.

3

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Next Trick:

1. Flashy doesn’t mean functional.2. Friendly greetings are key.

Secrets to Successful Online Merchandising

3. Give a dog a bone.4. Curiosity killed the…5. Persistence pays off.6. Keep the “good stuff” within reach.7. Full bowls keep ‘em coming back.

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7. Full bowls keep ‘em coming backThe number of people opening an email is usually tied to how well the recipient knows the sender. Click-through rate is tied to the content.

Secrets to Successful Online Merchandising

BECAUSE…BECAUSE…Excessive text above foldTable of contents do not linkLacks organization & targeted contentLacks personalization

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The Consequence

Secrets to Successful Online Merchandising

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The result when correspondence is more personalized.

Secrets to Successful Online Merchandising

Excessive text above foldTable of contents do not linkLacks organization & targeted contentLacks personalization

BECAUSE…BECAUSE…

Property of Dominion Enterprises™ 2011: Copying or distribution of this document is prohibited * RapLeaf Studies, 2011

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The result when correspondence is more personalized.

Secrets to Successful Online Merchandising

Excessive text above foldTable of contents do not linkLacks organization & targeted contentLacks personalization

BECAUSE…BECAUSE… CONSEQUENCE…CONSEQUENCE…

36% of consumerswho purchased a vehicle added the dealer as a

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safe sender.

* RapLeaf Studies, 2011

Mix your email correspondence: Send newsletters and promotional emails 1People like pictures: Visuals tend to be more2

Trainer Tips: Building customer retention

Secrets to Successful Online Merchandising

People like pictures: Visuals tend to be more powerful than text in someone’s inbox.2Grow site traffic: Link images and text to a landing page or to relevant content on your site.3

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Trainer Tools: Building Customer Retention

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The old dog has learned new tricks

Flashy doesn’t always mean functional.Achieve higher ranking, enhance user experience.

Secrets to Successful Online Merchandising

Friendly greetings are key.Increase foot traffic to your brick & mortar.

Give a dog a bone.Decrease bounce rates by average of 20%.

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Curiosity killed the…More detailed descriptions increase conversion by 5% on average.

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The old dog has learned new tricks

Persistence pays off.Catch prospects at their “breaking point” and push them through the funnel.

Secrets to Successful Online Merchandising

g

Keep the “good stuff” within reach.Just a few modifications can increase email leads by 40%.

Full bowls keep ‘em coming back.

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p gBuild upon existing relationships & develop new ones with informative dialogue.

In closing: Your Reward

A focused, loyal and receptive audience that behaves how you want them to.

Secrets to Successful Online Merchandising

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Thank you!

Courtney ChalmersSecrets to Successful Online Merchandising

Courtney ChalmersDominion Marine Media, Booth 901

[email protected]

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