Wednesday, September 5, 2012

Retention optimization

Building an ecommerce site is just the beginning of a long optimization process. It doesn't matter how much thought and effort you put into the initial planning of the user experience & design.....You then have the task of tuning your site to get the most out of it.

All this work is typically focused around the transaction path (also known as the 'booking funnel'). Visitors journeys are scrutinised and optimised in an effort to squeeze the most revenue out of each individual visit.

However, building a site that just takes the money (and let the customer run off) is an incredibly short-term approach to ecommerce that gives no consideration to the longer term customer lifetime value.

So ask yourself:

How are you calculating lifetime customer value?

Where's your email communication plan beyond the latest transaction?

Where's your overall customer segmentation and customer journey planning?

In essence, isn't it time you looked at the ways to retain your customers, rather than just trying to get new ones?

Hayden Sutherland
Digital Strategy - Website Delivery - Online Marketing
+44 (0)780 1341955
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