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5 Factors That Influence Your Website Sales! |  | Visited: 1241 |
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| | by Kabir Bedi March 17, 2009 |
The success of online businesses, particularly web stores and
e-commerce websites depend on the number of transactions and the amount
of sales that happen on it. However, you make your business succeed on
the World Wide Web, there is more you should do than seek to increase
the website sales. In fact, you should have a thorough understanding of
the several factors that influence your website sales. Here
are 5 important factors that directly influence the revenue and profits
of your website. To increase your website sales, it is important you
monitor them carefully. Placement on SERP One of
the most influencing factors is the placement of the website i.e. its
rank on the search engine results page (SERP). As per the search query
that is entered, your website can be featured on the first, the second
or even the 100th page depending on its relevancy for the search
phrase. Here comes the role of search engine optimization (SEO). Search
engine optimization identifies the key words and phrases and optimizes
the website for the same. This improves the ranking of the website in
the SERPs and potential customers will be able to locate your business
more easily. In fact, when your website appears in the top
slots of the search engine results, more and more visitors will visit
your website thus increasing the number of unique visitors. This
enables your to further increase the sales and revenue for the website. Impressions Impressions refer to a single view of an online advertisement. The
impression has a direct effect on the conversion rate of the website.
The conversion rate of a website is the percentage of visitors who make
a purchase on the website. Conversion reports tracks incoming visitor
traffic from various sources like search engines, banner ads etc. and
evaluate conversion rates. These reports can give you valuable insight
into the performance of your ad campaigns and tell you what is working
and what is not. This way you can know what hinders the browsing
behavior of prospective customers and work to improvise the same. Analysis of Click Stream Click
stream is the path taken by website visitors to browse from the initial
point of entry to the conversion point. By analyzing the click stream,
you can streamline the sales process for maximum efficiency. Click
stream analysis not only helps you identify the incompetent points of
your website but also helps you determine points where cross selling
can be possible. You can thus correct the areas of failure of browsing
experience and ensure that your website garners more sales and enhanced
revenues. Repeat Visitors The repeat visitors or
return visitors are a valuable asset to the website. It is testimony
that the visitors are pleased with the products and services of the
website and are visiting again for the same. However, key analysis if
repeat visitors is essential for the success of the website. Determine
if the customers returning to your website are purchasing anything or
not. Track their browsing pathway and examine opportunities for cross
selling. Visitor Retention This refers to the
ability of the website to retain visitors i.e. the amount of time a
visitors spends on the website. More the visitor retention time, better
it is for the website. The more your visitors stay on your website,
more likely are they to make a purchase. This means you need to
improvise your website design to offer a rich user experience to the
visitors.
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