Friday, October 9, 2009

Common Mistakes in Online Business

There is a learning curve involved when launching a new online business. Many times, budding entrepreneurs are in such a rush to create traffic to their site that potential customers are alienated in the process. Here are some common missteps to be aware of to avoid the same trap:

Mistake number one is failure to record visitor information. Without prospective buyer contact information, there is no way to re-establish contact and land the sale. Adding some form of data recording system should be the primary task of any new online business owner.

In addition, the new business owner must ensure that the tracking of incoming calls and hits is sufficient. If the tracking is lacking then the chances of turning the information into paying customers is greatly reduced.

One fantastic strategy that many new business owners overlook is the idea of offering something for free. A short informational video or report are good choices. Including testimonials with this “gift” can also be very helpful in converting new followers into buyers. Another detail that is often disregarded is leading the customer through the necessary steps towards a sale. If a site owner is unaware of the steps involved, then it is difficult to direct potential customers to buy. Become very conscious not only on the sales process but also on providing the best customer service to your customers. Customers who upon entering a site felt that he or she was welcomed warmly and were guided throughout the entire process are be more likely to become a returning customer. If you feel there is a lack of expertise in this, research customer support software that is widely available nowadays. Sites like http://live247support.com may come in beneficial as they have been awarded as one of the most excellent customer service support provider.

Focusing mainly on prices rather than benefits to the customer is another serious error. A potential purchaser wants to hear that they are being offered the most benefit for their money and something different than what they can get elsewhere. If they feel that the focus is on turning a profit, rather than helping the customer, they will not buy.

Alexander French

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