Tag Archives: Triad Commerce Group LLC

Building Brands on the Web: An Old Game with New Rules

Many companies are spending significant amounts of money to launch e-businesses on the Internet. But how many of these companies are taking the right approach when it comes to building a memorable, positive brand image that onlineconsumers will be attracted to over the long haul? The key issue is this: Branding in the online world is far more than just transferring your print brand identity to the Web. Yes, it includes a graphic design image, but your brand in the world of e-business is more largely affected by the interactive experience you provide your users. Everybody knows that the Web allows you to build one-to-one relationships with yourcustomers. What is more important is the quality of those relationships. Your Web site’s ability to engage your customers and facilitate an ongoing relationship with them is the real key to successfulbranding on the Web. We all have, at one time or another, been affected by both successful and unsuccessful Web branding efforts. In short, if it isn’t done correctly, it hurts a company’s ability to gain and retain business through this channel. Here are a few points to keep in mind when thinking about the proper way to establish a strong brand identity on the Web: Know your target audience. It’s critical that a Web business conducts the right up-front assessments to determine who their best prospects are. For example, a toy company or business-to-business parts supplier may have conducted tracking studies or customer analyses for their brick-and-mortar business, but this does not mean that their best offline prospects are their best online candidates. Make your online brand usable, or they won’t come (back). Creating an online brand isn’t just about the design, overall look and feel, and a pretty logo. It is very much connected to and enhanced by a positive user experience and an intuitive navigation scheme. In most circumstances, users want to get in, find what they want (information, items to buy, informalchats and community-related interaction) and then get out, on their terms, whether that means two minutes or two hours. E-businesses need to assess users’ impressions of how easy it is to navigate a site and find what they want. And when a site is redesigned, continue to validate whether the job has been done correctly. We call this “Advancing the User Experience.” Deploy technology that creates a strong, unique brand definition. There is an ever increasing array of Web applications that e-businesses can buy (or build, depending on your needs) to add “critical” functionality to a site. However, just because someone else may offer a “hot” service or feature on a site doesn’t mean that you should. Always relate your technology purchase decisions to your overall business drivers. For example, if you intend to differentiate your organization based on personalized customer service, make sure the self-service applications and user interfaces that you put in place are designed to fit your users’ unique needs and are integrated withback-end customer databases and “real-time” customer service channels. The most important thing to understand is that a Web “brand” ismultidimensional. It’s more than just a messaging and identity effort; it’s also the degree to which you ensure a positive user experience, optimize usability, and incorporate technology that addresses key user needs and leapfrogs the competition. By taking all of these dimensions into account, you’ll cement long-term relationships with your users, and profit as a result. Copyright © 1999 Triad Commerce Group LLC. All rights reserved. This material may not be published, broadcast, rewritten or redistributed in any form without written permission.

Building Brands on the Web: An Old Game with New Rules

Many companies are spending significant amounts of money to launch e-businesses on the Internet. But how many of these companies are taking the right approach when it comes to building a memorable, positive brand image that onlineconsumers will be attracted to over the long haul? The key issue is this: Branding in the online world is far more than just transferring your print brand identity to the Web. Yes, it includes a graphic design image, but your brand in the world of e-business is more largely affected by the interactive experience you provide your users. Everybody knows that the Web allows you to build one-to-one relationships with yourcustomers. What is more important is the quality of those relationships. Your Web site’s ability to engage your customers and facilitate an ongoing relationship with them is the real key to successfulbranding on the Web. We all have, at one time or another, been affected by both successful and unsuccessful Web branding efforts. In short, if it isn’t done correctly, it hurts a company’s ability to gain and retain business through this channel. Here are a few points to keep in mind when thinking about the proper way to establish a strong brand identity on the Web: Know your target audience. It’s critical that a Web business conducts the right up-front assessments to determine who their best prospects are. For example, a toy company or business-to-business parts supplier may have conducted tracking studies or customer analyses for their brick-and-mortar business, but this does not mean that their best offline prospects are their best online candidates. Make your online brand usable, or they won’t come (back). Creating an online brand isn’t just about the design, overall look and feel, and a pretty logo. It is very much connected to and enhanced by a positive user experience and an intuitive navigation scheme. In most circumstances, users want to get in, find what they want (information, items to buy, informalchats and community-related interaction) and then get out, on their terms, whether that means two minutes or two hours. E-businesses need to assess users’ impressions of how easy it is to navigate a site and find what they want. And when a site is redesigned, continue to validate whether the job has been done correctly. We call this “Advancing the User Experience.” Deploy technology that creates a strong, unique brand definition. There is an ever increasing array of Web applications that e-businesses can buy (or build, depending on your needs) to add “critical” functionality to a site. However, just because someone else may offer a “hot” service or feature on a site doesn’t mean that you should. Always relate your technology purchase decisions to your overall business drivers. For example, if you intend to differentiate your organization based on personalized customer service, make sure the self-service applications and user interfaces that you put in place are designed to fit your users’ unique needs and are integrated withback-end customer databases and “real-time” customer service channels. The most important thing to understand is that a Web “brand” ismultidimensional. It’s more than just a messaging and identity effort; it’s also the degree to which you ensure a positive user experience, optimize usability, and incorporate technology that addresses key user needs and leapfrogs the competition. By taking all of these dimensions into account, you’ll cement long-term relationships with your users, and profit as a result. Copyright © 1999 Triad Commerce Group LLC. All rights reserved. This material may not be published, broadcast, rewritten or redistributed in any form without written permission.

ASPs Open New E-Commerce Opportunities

New high-speed Internet access services like DSL and cable modems areopening the door to a new vision of computing. Many software companies are looking to develop new e-commerce-based sales channels by putting their programs on a Website and only charging customers to use them rather than selling them outright. Furthermore, instead of charging a high one-time price to license thesoftware on a permanent basis, these software companies are thinking ofreturning to the “time-sharing model” of the 1970s and 1980s, in which usersaccess the application via telecommunications and pay a small fee each timethey use the software. Since time-sharing is considered old-fashioned, however, companies havecreated a new buzzword — application service provider (ASP) — todescribe this return to olden days. IBM Tries Internet Appliance with Telcos In what can only be described as déjà vu, IBM and two giant telephone companies — Bell Atlantic Corp. and SBC Communications Inc. plan to test theviability of using an “Internet appliance.” The new device will consist only of a 10-inchcolor monitor, a computer keyboard, and browser software to access Web-basedapplications at high-speed Internet access. Bell Atlantic and SBC Communications are two of the largest regional telephone companies in the United States. Bell Atlantic has installed nearly 44 million telephone access lines and about 12 million wireless customers worldwide, while SBC has 90.4 million telephone lines and 11.2 million wireless customers in the United States. In IBM’s heyday, it used “dumb” terminals that operated over slow-speed,multidrop leased telecommunication circuits to access giant IBM mainframesthat hosted and ran the applications. In the trial being set up by IBM, two companies will offer ASP services toits Internet appliance users. LaserLink.net will provide Internet access, fulfillment, customer service, and technical support for test customers,while Planet Computer will offer executive recruiting services. IBM said it would target the insurance, finance, health care, travel, and entertainment industries, which not coincidentally were IBM’s largest users from the time-sharing days. Strong Prospects for ASP Model The ASP model is a variation of the “thin computing” model pushed by Oracle Corp. a few years ago, in which software would be downloaded to stripped-down PCs designed to operate with control from central servers. The thin computing model failed miserably several years back. Many analysts also think that IBM’s trial of an Internet appliance may also fail because users will likely need some PC computing capabilities. These same analysts, however, see a large potential for selling software applications via e-commerce using an ASP model, especially for products that are used relatively infrequently. Bell Atlantic Consumer Services Group President Fred D’Alessio goes so far as to predict,”Customized Internet applications, tailored to the information and data processing needs of users, are the next wave in electronic commerce.” One of the early movers in the ASP field, for example, is Intuit Inc., which put its TurboTax tax preparation software online this year as an ASP service called TurboTax for the Web. Users now have a choice. They can use the regular version of TurboTax on their PCs or use the Web application. Since they need the application only once a year, TurboTax is viewed as an ideal example of how the ASP model can turn what would have been a software sale into e-commerce revenues. ASP Model Works Well in Procurement Another company that has strong ASP propects is Vsource Inc., which has cut a deal with giant telco US West to allow small and midsize business customers to handle their procurement using only a browserand access to the application that runs on Vsource servers. The ASP model makes sense in this case because it can be combined with an online business-to-business (B2B) marketplace that allows companies to kill two birds with one stone. At the same time they use the B2B marketplace to get better prices for items they purchase, they can use the ASP-based procurement application to streamline processing costs associated with that purchasing. US West is not planning an ASP trial. It is partnering with Vsource to roll the service out to its small and midsize business customers later this year. Copyright © 2000 Triad Commerce Group LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed in any form without written permission.

Add a Human Touch to Your Web Site

Despite consumers’ growing acceptance of doing business online, e-commerce still tends to be an unprofitable sales channel for many. Yes, people come to e-commerce sites and look around, but retailers often find themselves wondering why more of those people aren’t making purchases. Many of the reasons stem from one simple cause: people tend to prefer doing business with other people. Web sites are great for doing research, but when it comes to making an actual purchase, many customers need the reassurance of human interaction. By providing a simple method for customers to get real-time answers online to their questions, a company can help its conversion rates skyrocket while raising its customer service levels to a new level. Real-Time Answers Make the Difference Ideally, Web-based customer service should include both self-help and live-help capabilities. Most companies will find that a large percentage of customers prefer to help themselves to the information they need. And for those who don’t need real-time assistance, just the knowledge that representatives are available makes the shopping experience more satisfying. In addition, real-time interaction with an informed representative encourages completion of the sale. In a traditional sales environment, salespeople are available to assist and to close the deal. According to a September 1998 study by Jupiter Communications, 47% of people are more likely to buy online with the addition of real-time customer interaction. Profit margins increase as well because a live person can effectively cross-sell and up-sell to the customer. A static site doesn’t have that advantage. The ability to have a conversation with a live representative also makes customers feel more secure. Even though Web-based security has become a very manageable issue, many customers are still hesitant to enter their credit card information in an online form. Yet these very same individuals will hand their credit card to an anonymous waiter in a restaurant or give their information over the phone to an unknown mail-order catalog representative. The difference is human interaction. Staff Your Online Store Most e-commerce sites provide customer service through an 800 number and/or an e-mail address. But both of these options can fall short of customer needs in some cases. Not only do both methods delay the completion of the sale, they can also be inconvenient. For customers with only one available phone line, using the 800 number requires disconnecting from the Internet, calling the merchant and, at times, waiting on hold. Once the customers are connected with an agent, they have to remember where they were on the site when the question arose, and explain their query without the benefit of viewing the actual Web page. Then, after the representative helps them, the (now frustrated) customers have to reconnect and try to implement the agent’s instructions. Or they can choose to complete the transaction over the phone, eliminating all the time, convenience, and cost savings of e-commerce. The alternative, e-mail, can be even worse from the customer perspective. The potential customer faithfully fills out the online form, wondering if someone will actually receive it and reply, and wondering when that might happen. Answering all e-mails individually can also become a burden on the company. As more customers use a site, the volume can grow to an overwhelming level, further delaying responses. By the time the company answers the query, the customer has likely moved on to another vendor. Service Solutions In today’s economy where service equals success, companies need to provide a better option for real-time e-commerce service and support. The answer lies in allowing customers to help themselves to the information they need without leaving the Web site. This self-help model can be achieved using a combination of tools, such as robust data repositories with an intuitive search capability, automated e-mail response, and the option of interacting with a live customer service representative. All of these technologies are available and ready for implementation today. By combining customer self-help and the option of live help from a customer service representative via text-based conversations, Internet phones, and online video, the e-commerce process becomes much more engaging, user-friendly, and successful. Web-based customer interaction is a win-win solution for companies and customers. Copyright © 1999 Triad Commerce Group LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed in any form without written permission.