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The Competitive Nature Of The Internet



T


he internet is an               some companies base their price   
extremely tough and             on what their competitors are     
competitive world, where        offering, and ensuring theirs is  
almost everyone is on a level         always the cheapest/best deal.    
playing field. It is therefore        Post and packaging is a cost that 
absolutely paramount for a            all e-tailers have to contend     
company starting up or moving         with, in order to get their       
into the e-commerce environment       product(s) to the customer.       
to find themselves a sustainable      Deciding on what rates to charge  
competitive advantage through         the customer, whether making a    
developing their own existing         loss by rendering all ‘p&p’ free  
distinctive competencies, whether     when a certain amount is spent,   
by selling exclusive products,        or charging more than necessary   
providing exceptional levels of       to regain any profits lost by     
additional customer support, or       offering the product itself at a  
ensuring the actual site is easy      reduced price, is an important    
to navigate yet attractive,           decision. Some e-commerce stores  
innovative and unique in its          may require a membership before   
design.                               you can shop online, which could  
                                      add a certain prestige factor to  
It is very important to be aware      the experience, but could also    
of the tactics being used by your     work the other way and repel      
competitors online; as there are      potential customers when they     
various factors they could            realize they have to pay for the  
change/add on/stop using which        privilege of simply browsing what 
could adversely affect the number     is on offer.                      
of customers using your site                                            
ahead of another to make their        The website itself needs to be    
purchases online. These include       well built by an experienced web  
basic features such as price;         designer, preferably with SEO and 



SEM experience, although this is      possible. The higher up the       
not essential as a separate           better, but even more important   
person can be employed to make        is to be on the first page of     
the site search engine friendly       results – browsers very rarely    
and build in all the tags and         look further than that. This is   
links once the design has been        achieved by making sure these     
completed. A good web designer is     keywords appear regularly in the  
well worth spending the money on,     text on the website, so that when 
because a poorly built, home made     the search engine generates its   
site will not only be unappealing     results they can be picked up     
to customers, but give them no        quickly. Another popular, but     
faith in the security of the          expensive method is known as Pay  
site, meaning they will be            Per Click advertising, where      
unlikely to hand over any credit      companies are guaranteed a small  
card details. Many sales, and         ad on the results page for        
therefore potential profit, could     certain keywords that they bid    
be lost by trying to cut corners      on. However, only when the advert 
with the initial preparation.         is clicked on, do you have to pay 
                                      the search engine the agreed      
Besides the actual design of the      amount, hence the name ‘Pay Per   
website, the marketing and            Click’. It is easy to see why     
promotion of it is even more          costs generated from this can add 
essential. A perfectly designed,      up – just because a browser       
attractive looking site won’t do      clicks the ad, it doesn’t mean    
anyone any good if no one knows       they will make a purchase from    
it’s even there! SEO and SEM look     the site, so there is often a lot 
to ensure that when a keyword or      of money spent for a small        
phrase is typed into a search         return.                           
engine, your website is as high                                         
up on the list, or ‘rankings’ as      Businesses not currently involved 



in e-commerce should certainly        sales channel and plan            
jump on the bandwagon sooner          accordingly, to achieve the best  
rather than later, but it is          success.                          
important to view, and budget         

                              
for, the e-commerce as a separate     




About the Author:

Article Alley is one of the UK's top article sites, best for Internet Articles. Please feel free to republish this article provided a working hyperlink remains to our site.


Read more articles by: Carolyn Clayton

Article Source: www.iSnare.com


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