When utilized correctly, YouTube is quite the sales force to be reckoned with. On a recent conference call with ERA’s Internet & Emerging Media Council, certain members discussed how some direct response products have found success simply from videos being uploaded to YouTube.
Creative YouTube videos are a great way to drive incremental sales, if even on accident. If you’re Chris Brown, a singer recently convicted for felony assault against ex-girlfriend Rihanna, how do you get a year-old single onto the top 10 most purchased songs on iTunes? Oh, by being an integral part of a wild fire-spread YouTube video. Unless you’ve been living under a rock, you’ve probably seen this “Forever” wedding video.
While perusing iTunes when this video hit viral fame a few weeks back, I noticed that Chris Brown’s “Forever” was listed in the top 10 purchased singles. A web hit featuring one of his songs couldn’t have come at a better time for this artist whose image is tarnished in the press. I too, drank the Kool-Aid. I watched the video and loved it, logged onto iTunes and purchased.
Consequently, aside from user-generated content, YouTube also plays host to professional content, sometimes to the chagrin of the content creators. Monty Python’s producers found their content all over the web illegally, however they decided to be proactive and take control of their content in these channels, which turned out to be a very good idea. According to a recent release:
The Pythons created a YouTube channel in November 2008 just to stop their content from being released illegally on the Internet. “We felt the time had come to deal with the ‘YouTube problem.’ On the one hand, we were surprised at the number of clips that had been uploaded to YouTube in clear infringement of our copyright, and while we didn’t want to be spoilsports, it was getting pretty much out of control and we could see no real benefit. So I arranged a trip to meet the YouTube guys on the Google campus in San Jose and discovered that they had a program that would enable us to have our own Monty Python channel on YouTube where we could put up clips from the movies and TV shows of far greater quality and order that might also encourage viewers to want to see whole movies or TV episodes via links to Amazon and iTunes and expand our Monty Python fan base,” says Monty Python producer John Goldstone.
When Goldstone launched Monty Python’s Channel on November 14, 2008, he took advantage of YouTube’s click-to-buy program. The Python’s DVDs quickly climbed to No. 2 on Amazon’s Movies & TV bestsellers list and DVD sales increased 23,000 percent. “The click-to-buy ability was exactly what we were looking for to make the link from video to the right Amazon page much more effective than the URL by the side of the video description. We are only now beginning to address premium advertising, which is only possible when you can show the size, composition, and consistency of your viewers,” he says.
I guess the moral of the story would be that while YouTube may be struggling to support itself with a successful advertising platform, it currently sits as a lucrative marketing channel for the opportunistic, inventive marketer.
In this world where “flat is the new up,” it is critical to make each visit of every shopper count. With fewer shoppers coming to your site, you have to be instantly engaging, catering to your shopper, making your site a destination. And, you have to get your shoppers to put as much as possible into their cart and then actually check out.
The question is - how can you take the flat or even decreased traffic and turn it into profit? Here are eight tips to help you entice your shoppers to buy more.
1. Shipping Offers - Lets start with getting people to your site. Shipping is something that shoppers are always concerned with. Free shipping, if you can afford it, always moves people to buy more. If your model does not support free, shoppers are also happy with flat fee shipping or even shipping with a minimum purchase (they will buy just one more product to qualify).
2. Incentives and Bundles - So, you got them to your site with a shipping offer, next, motivate them to buy more with incentives. Who doesn’t like getting a gift with a purchase or a special bundle of products for an extra discount? The shopper feels like they’re getting a bargain while you get to move more products.
3. Rebates - If you can’t offer discounts, another tactic to entice shoppers is to offer rebates. People get wide-eyed about rebates and will buy more to get them. Even if they do not actually redeem the rebate, they will be more loyal to your site for the service.
4. Personalized Product Recommendations - Next, lets turn to the customer experience. Today’s savvy shopper expects merchants to know them. Serving personalized product recommendations helps customers find what they’re looking for (and sometimes things they did not even know they wanted). The product detail page is the most logical location, but place recommendations throughout your site and most importantly in the shopping cart - it is a good place to put those impulse purchases - just like candy at the store check out.
5. Video - Another way to enhance the customer experience is to tantalize and engage your shopper with video. This medium can be used to demonstrate how a product works, show how apparel fits, or even do a virtual wine tasting. Video can answer questions shoppers have so that they buy even more than expected.
6. Ratings and Reviews - Lets face it, shoppers are social creatures, and love to talk and get advice from one another. Rating and reviews helps people get feedback from each other. Some shoppers can’t resist the temptation; they have to buy top rated items and will fill their cart.
7. Customer Service - Speaking of people talking , another thing that really helps is something just so simple - offer stellar customer service, and you will not believe how far that will get you. People talk and when they have a great experience, they will tell everyone they know. I do all the time!
8. Alternative Payment Methods - Okay, you have used tips 1-7 on your site and the shopper has stuffed their cart - this is when you are at risk for the dreaded cart abandonment. There are many things you should do to motivate your shoppers to click submit, maybe that is for a dedicated article. Suffice it to say, make it easy to check out. Alternative payment methods make it easier for anyone to check out - so make sure you offer them.
The bottom line is that you need to employ many different tactics to boost your average order value; it is the only way to take flat traffic and turn it up!
Lisa Joy Rosner is MyBuys‘ vice president of marketing.
Using video on your website is a powerful way to reach you audience. A well-crafted video with a catchy title can quickly go viral and is an excellent way to bring links to your site. In turn, links will help give your site search engine authority and ultimately higher search rankings.
The problem with video is that you can have great content full of all the keywords you are targeting, but search engines are going to have no idea what that content is. Here are some tips to help optimize your video content:
• Transcribe your video. Transcribing your video is a great way to let the search engines know what your video content is. There are many affordable transcribing services that will do this for you.
• Keep it short and sweet. Internet users have a short attention span. Keep your videos under six minutes. If you have a longer video that you can’t edit down to a reasonable time, consider breaking the video into chapters.
• Use catchy titles. Using a catchy title will give you much higher click through rates on your videos. Even if your subject is dry, be creative in how you title your video.
• Understand 3rd Party Hosting. Posting your video on video sharing websites like YouTube, Meta Cafe and Vimeo is a great way to increase your video views, but understand that these sites will have very high authority and will likely out rank your site. If the video becomes popular, the links will point to the hosting site instead of your website. One way to combat this is optimizing the on page factors on your site using the desired keywords. If you decide to post the video on a sharing site, change the titles and tags as not to compete with your site. Also, be sure to include a watermark of your website name as part of the video being posted on hosting sites.
• Offer the option to embed your code. Offering the code so visitors can post the video on their blog or website will help to make your video viral. Be sure to require a link back to your site for people who use the code.
• Use a good thumbnail image. Using a compelling thumbnail will greatly increase the chances of your video being viewed.
Watch as ERA CEO Julie Coons delivers a sneak peak of what attendees can expect from ERA’s upcoming 2009 D2C Convention in Las Vegas September 13-15. Register now!Early bird ends July 1!
ERA hosted the 2009 Government Affairs Fly-In in Washington, D.C. on April 20 and 21. Over 50 ERA members came together in our nation’s capital to network and meet with members of Congress to highlight their concerns over the revised Federal Trade Commission (FTC) Guides on Endorsements and Testimonials. Attendees participated in over 40 meetings with members of Congress and their staff, enjoyed a dynamic keynote speech by Senator Mark Pryor (D-AR), and networked with the movers and shakers of the D2C industry at two cocktail receptions.
For more video testimonials, click here. To learn more about ERA’s government affairs efforts, click here.
Retailers know all about the importance of effectively merchandising their end-caps, shelves, and racks to provide in-store shoppers with key “why to buy†messages, but when it comes to translating some of these approaches in the online world, most are failing to provide shoppers with the same level of attention.
With 90 percent of consumers going online to research products before making a purchase, online merchandising is equally (if not more) important as in-store merchandising. Visit any product page on most retailers’ sites and chances are you’ll see little more than a “picture and a paragraph†describing a product. Very rarely will you see specific “why-to-buy†messages, let alone more persuasive merchandising that leverages the unique capabilities of the online medium, such as video, audio and animation.
With their online venues, retailers have tremendous opportunity to engage and educate their shoppers using video tours that dynamically demonstrate product features and benefits. The use of rich media allows unique product capabilities to be seen by the shopper in the context of real use scenarios. Video product tours can also be augmented with other compelling product content such as sell sheets, 360-degree images, printable user guides and product specifications – elements that would be impossible to provide alongside a product in store, and once again take unique advantage of the online environment. There’s no better time to pull out the stops and impact your highly qualified niche of shoppers than while they are in the process of researching and buying products online.
Online video product tours aren’t all show. Independent third party studies show they increase conversion rates by providing shoppers the information they need to make informed purchase decisions. In so doing, video tours also make your site ‘stickier’ - in fact, shoppers view video product tours for an average of two minutes per tour– a major victory of extended engagement in the online retail world where your competition is only a click away.
But perhaps the most compelling news for retailers is that video product tours are provided free of charge by leading manufacturers through various content syndication networks. The video tours are also hosted by those same networks, so there’s no IT impact for the retailer. Effective, free, and easy – it just doesn’t get any better than that.