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The

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Suburban shopping mall location draws from several small communities. Competes with large variety discount retailers. Offline vs. Online. Increase sales by: ... – PowerPoint PPT presentation

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Title: The


1
The Inside Edge
2
Why do businesses spend money
3
To make more money than they spent
4
Defining good returns
5
Return on Investment
Your crowning achievement
6
R.O.I.
What it is. What it isnt. And how you can get
more of it from your website today.
7
Positive R.O.I.formula
Goals
Strategies
Tactics
Metrics
Objectives
8
Business challengeexercise
  • Youll need
  • Paper and pencil
  • A timer set for 3 minutes

9
Challenge idea starters
play/pause button
  • To survive, we need
  • Were going to have to
  • Were having a hard time

10
Common businesschallenges
11
Positive online ROI
12
Positive online ROI
13
Positive online R.O.I.
14
Positive online R.O.I.
15
Positive online R.O.I.
16
Positive online R.O.I.
17
Problems or Profits?
  • Challenge
  • Slow sales
  • Customer turnover
  • Objective
  • We will use the Internet to increase sales volume
  • We will use the Internet to retain more of our
    current customers

18
Business objectivestatement
  • Dont try, do
  • We will improve increase
    upgrade expand acquire

19
Business objectivestatement
  • Dont do everything,
  • do one thing
  • We will increase customer satisfaction, notWe
    will increase sales by increasing customer
    satisfaction

20
Business objectivestatement
  • Write it down

We will
Use the play/pause button on the left
21
Matches not Mix ups
  • Objective
  • What you intend to accomplish
  • Short, simple declaration
  • Strategy
  • How you intend to accomplish it
  • Short, simple declaration

22
Objectives, strategiesand jargon
K.I.S.S. keep it short and simple
23
Objectives, strategiesand jargon
Simple to explain
24
Objectives, strategiesand jargon
Simple to explain
Simple to remember
25
Objectives, strategiesand jargon
Simple to explain
Simple to remember
Simple to do
26
Matches not Mix ups
  • Objective
  • What you intend to accomplish
  • We will increase online sales
  • Strategy
  • How you intend to accomplish it
  • We will increase online sales by cross selling to
    our current customers

27
Increaseonline sales
Develop affiliate relationships
Add more payment options
Increase advertisements
Increase conversion
Increase merchandise
28
Offline vs. Online
  • Current Situation
  • Suburban shopping mall location draws from
    several small communities
  • Competes with large variety discount retailers

29
Offline vs. Online
  • Increase sales by
  • Cross selling to customer base (e.g. skateboards
    and snowboards)
  • Increase sales volume through loyalty discounts
  • Current Situation
  • Suburban shopping mall location draws from
    several small communities
  • Competes with large variety discount retailers

30
Offline vs. Online
  • Online changes
  • Online customers use search to locate stores
  • Price sensitivity secondary to finding the right
    merchandise

31
Offline vs. Online
  • Online changes
  • Online customers use search to locate stores
  • Price sensitivity secondary to finding the right
    merchandise
  • Increase sales by
  • targeting a narrow customer niche (e.g. campers
    or weightlifters)
  • Increase sales volume through search engine
    marketing

32
LeadGeneration
Develop affiliate relationships
Develop speaker platform
Multimedia email blasts
Increase search engine marketing
Add blogs, newsletters
33
Branding
Content standards
Referrals, testimonials
Add blogs, newsletters
Infomercial multimedia
Aggressive public relations
34
Customer Service
Service level guarantees
Increaseself-service options
Seek quality awards
Increase feedback options
Add multimedia instructions
35
Operations
Switch to VoIP
Expand process automation
Roll out Kaizan initiatives
Train via multimedia
Web EDI migration
36
Strategicdouble duty
More ways to make money
More ways to make mistakes
37
Strategicdouble duty
Develop affiliate relationships
Train via multimedia
Infomercial multimedia
Multimedia email blasts
Add multimedia
38
Strategicdouble duty
Increase sales
Generate leads
Develop affiliate relationships
39
Strategicdouble duty
Generate leads
Increase sales
Develop affiliate relationships
Develop affiliate relationships
40
Matches not Mix ups
  • Increase sales by
  • Increasing the number of sales per affiliate
  • Increase leads by
  • Increasing the number of affiliate relationships
    we have

41
Matches not Mix ups
  • Increase sales by
  • Increasing the number of sales per affiliate
  • by 2 per month by the end of the first half
  • Increase leads by
  • Increasing the number of affiliate relationships
    we have
  • by adding 4 new affiliates each quarter

42
Strategy statementexercise
43
Strategy statementexercise
play/pause button
44
Whats working why
branding
service
leads
sales
operations
45
Surf and Search
branding
URL strategy?
service
leads
URL strategy?
URL strategy?
operations
sales
URL strategy?
URL strategy?
46
Visit www.sharetheedge.com To find an Internet
Consultant near you
47
The Inside Edge
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