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What does it take to sell profitably and successfully online?

If you ask that question in ten different places, you will most likely get a million different answers!

eCommerce

Ten Golden Rules for eCommerce

But not today at 12:30

Today Jay Berkowitz and I will discuss the Ten Golden Rules of eCommerce in a Internet Marketing Club Webinar

I am a member of the Internet Marketing Club but have known Jay for several years. I was and am honored that he selected me to co host this webinar which may eventually be morphed into a book. Lately I have been concentrating on many aspects of eCommerce development while creating my latest project BonanzleStore bonanzlestore-logo

In today's Webinar we will discuss Search Engine friendly eCommerce, how to choose the difference between selling on a large venue like eBay or Amazon or Bonanzle and your own website or both and much much more.

So join us TODAY at 12:30 PM EST at Go To Meeting!

It had to happen sooner or later... Google brings the power of Search to eCommerce!

Why oh Why eBay, did you not think of That!

Hmmmm - maybe eBay can sign up for Google Commerce Search and scrap this whole "finding" experiment... Maybe with Google Search installed on eBay.com, the term Best Match might actually mean that the best product matching the search terms entered will be presented.

Oh - what a novel idea - Actually allowing the person doing the search to determine what it is they are searching for...

But I Digress - eBay and Google burned bridges long ago and ever since that time, Google has grown stronger while eBay - well we all know where eBay's numbers are - in the hands of PayPal!

So... what is Google Commerce Search anyway? (Get most of the scoop at this link Google Support)

Evidently Google has a few tricks up their collective sleeves...

Google is making it easier than ever to improve search in your own online store

From Google:

How it Works

Once you've signed up for Google Commerce Search, your site administrator will follow these simple steps.

Step 1: Submit your product data to the Google Merchant Center and Google Product Search. Visit www.google.com/merchants to upload your items via data feeds, direct uploads, or use our API.

Step 2: Customize the look and feel of your on-site search engine. Log into the administrative console to manage product promotions, upload synonym dictionaries, and control parametric search options.

Step 3: Analyze your site's traffic and search effectiveness. View custom reports on top queries, special feature usage and more.

Benefits

Search is a critical part of the shopping experience; in fact, 71% of online shoppers use keyword searches to find products (eTailing Group). Google Commerce Search addresses this need by offering an easy-to-deploy solution with Google speed and relevancy.

Increase your website conversions -- and sales

The average conversion rates of retail sites is barely 3% (Forrester). Yet, with effective tactics, retailers can achieve a much higher conversion rate. For instance, the top 10 visitor-to-buyer conversion rates ranged from 16% to 45% (Nielsen Online). Effective search can bridge this gap considerably: customers who use the search box on e-commerce sites convert at nearly three times the rate of general browsers (MarketingSherpa).

Increase customer lifetime value

Forrester projects that 47% of online retailer revenue comes from repeat shoppers. By enhancing shopper experience, Google Commerce Search can improve customer loyalty, and ultimately increase customer lifetime value.

Deploy within days

Google Commerce Search is an entirely hosted, software-as-a-service offering. You simply upload your product information to Google Merchant Center, and Google Commerce Search intelligently leverages the product feed and provides your website with search capabilities.

Easy to scale

With Google Commerce Search, you are leveraging the powerful Google platform: the speed, relevance, reliability, and certainly scalability. As your customer base grows, you can scale your search solution effortlessly - without adding any servers or other infrastructure.

Add features -- without upgrading

By deploying a Software-as-a-Service solution, you'll be able to enjoy the ever-growing number of Google features and updates automatically, without any sort of deployment or upgrade on your end.

Measure and streamline

Retailers who excel at understanding and responding to usage metrics are able to improve conversion rates by as much as 24%, while less responsive companies' conversions tend to stay flat (Jupiter Research). Google Commerce Search provides you advanced reporting tools to measure and streamline - so you can maximize the effectiveness of your website.

What it Wont Do:

Using Google Commerce Search will not improve your rankings within Google Product Search or in Google.com searches. Google Commerce Search will allow you to promote and order your product listings when users search for items on your website.

Free is good and in Internet marketing good education is everything... therefore, why not combine the two great opportunities to learn for free in one article?

Yeah, why not... hmmmm Ok - here goes, this will be short and sweet...

My friend, Jay Berkowitz of the Ten Golden Rules of Internet Marketing consulting firm, has started a new NING community called the Internet Marketing Club.

If you don't know Jay Berkowitz you may think, "Oh - Great a new guy hawking his wares on Ning" - Think Again!

Ten Golden Rules Host - Jay Berkowitz

Ten Golden Rules Host - Jay Berkowitz

Jay is all about sharing and education when it comes to Internet Marketing and his podcast "The Ten Golden Rules" is one of the most widely respected Internet marketing audio podcasts in the world. I have written about Jay's delivery and insights before here

Excerpt:

"I appreciate his genuine awe struck and outgoing way of bringing his listeners sound bytes from some of the most powerful and cutting edge Internet marketers and pioneers in our World today. Jay rubs shoulders with and interviews the likes of Seth Godin and Jason Calacanis on a weekly basis. If you don't know who those people are, it's OK because Jay will share the highlights of the careers of these .com and Internet moguls with you when he reports on the Ten Golden Rules podcast. I say Awe Struck, not because I think Jay does not belong in the same room with these mega-tycoons of our industry but because he has a way of approaching these interviews with the kind of exuberance and giddiness of someone who may not belong, but is happy to be there, would bring. Jay belongs - one only needs to read his resume on the Ten Golden Rules website to know he has been playing in this sandbox for some time now. He simply has a style which brings the listener into the room as if we were flies on the wall and Jay is the only person who knows we are there".

The Internet Marketing Club has gone from zero members to 50 in the course of one short day. Jay is adding content which is informative and educational and there are no DVD's or at home courses to be found. Of course if you want to hire Jay to help you boost sales or your brand online, I am sure he wouldn't mind but his approach is to give without asking for a return. It seems to work for him and this new Club is just one more example of Jay spreading the good word of Internet marketing to the masses. Thanks Jay!

More about the Internet Marketing Club:

Starting in October, we will run weekly webinars on topics such as Social Media including Twitter, Facebook and YouTube, Search Engine Marketing - Search Engine optimization (SEO) and Pay Per Click Marketing (PPC), Affiliate and Performance Marketing, Conversion Strategies and Analysis and Analytics.

Next on Today's Agenda is the Free 12 Week Internet Marketing Course - Provided by: Jeremy Shoemaker

Shoe_Course-

If you are not aware of who Jeremy Shoemaker of "Shoemoney" is... Well, then I would wager that you may not have not been around the web 2.0 or blogosphere for very long. Jeremy Shoemaker helped put the spit shine on blogs as a a way to make money and he walks the walk and cashed the checks to prove it. I have been reading his Shoemoney blog for at least 3 years and it is full of good stuff.

Quote:

Google Adsense Check for $132,994.97

Google Adsense Check for $132,994.97

ShoeMoney.com, shares my ups and downs in the world of online marketing to a loyal daily readership of over 30,000 people. ShoeMoney.com has been named the Best Affiliate Marketing Blog and ranks in Technorati’s top 50 blogs for the past three years.

Of course Jeremy is selling an extensive Internet Marketing tools kit subscription at the end of this free 12 week course.  Even though Jeremy would like to continue to make money from his knowlege he is not just putting together some e-book and expecting to get rich. The tools he provides at ShoeMoney Tools have a great deal of value.

I have signed up and completed all 12 weeks of the Free Course and I must say that there is a great deal of valuable information in this Free version. I see no reason to avoid learning from a guy who has made a great deal of money online. All information is good information if you utilize it - right?

Hello, I'm Jeremy "ShoeMoney" Schoemaker and for 13 years I've been building successful online businesses. For the past five years I've been working hard writing a book to help others get started online. I recently decided that there is just too much great information in my book to exclude people from reading it. I have now backed out of my major book deal and turned it into a completely FREE 12 week guide to Internet marketing. No strings attached. Enter your email and start receiving the weekly guides directly in your inbox!

  • Week 1 - The Beginner's Guide To Internet Marketing
  • Week 2 - Affiliate Marketing 101: Everything You Need To Know To Start Promoting Products
  • Week 3 - Market Research: How To Crush Your Competitors And Discover Hot Niches
  • Week 4 - Introduction to Pay Per Click
  • Week 5 - Advanced Pay Per Click
  • Week 6 - SEO Tips, Tricks, and Tactics
  • Week 7 - Content Creation: How To Create Articles That Attract Users And Increase Sales
  • Week 8 - Marketing: How To Use Social Media To Spread Your Brand
  • Week 9 - Make That Cash: 10 Ways To Monetize Your Site And Increase Profitability
  • Week 10 - Testing & Tracking: How To Optimize Your Site & Make Sense Of The Figures
  • Week 11 - Building Your Team: How To Network With Others And Find Long Term Partners
  • Week 12 - Launch Day: How To Kick Start Your Business And Manage Your Projects
  • Join the forum discussion on this post - (1) Posts

    eBay is sold to the public on many different levels...

    • To the consumer eBay is offered as a great online place to find anything - cheap
    • Consumers are also told what a "safe" and easy place eBay is to shop.

    All well and good, in most cases, except for the fact that eBay does not have to stand behind the promises they make to the consumer, eBay leaves that bit of dirty business to the individual seller and they use PayPal as the big stick of enforcement to make sure that the sellers keep the buyers happy, no matter the cost or situation.  (more on that later)

    • To the Individual Seller eBay is offered as the easy and fast way to sell the junk that accumulates in the garage or attic

    eBay has been promoted as the place for anyone to start a business (selling junk from your garage) for years.  (More recently eBay went courting the corporate world, offering enticements and sweetheart deals to big sellers like Buy.com and others).  For awhile it looked as though eBay would turn its back on the small individual sellers in lieu of the huge volume possibilities offered by the Buy.coms of the world.

    Some eBay Kool Aid?

    Some eBay Kool Aid?

    Thankfully, eBay has not completely forgotten the little guy, they are happy to take his/her money and they have taken some minor steps to entice the small seller back. To be honest, I still don't understand the "selling junk from the garage" business plan "drink the kool aid" approach, but that must just be me...

    2008

    2008 was a long year in eBay-land, the changes and turmoil wrought by the eBay executives decisions (right or wrong) made an impression on the rank and file. The effect of these constant changes on eBay's core audience of sellers (the little guys and gals) became more than an annoyance. For some of these smaller sellers the constant state of flux of 2008 - early 2009 ended a long term love affair.

    I will admit that my own love affair with eBay ended in 2008.

    It was just too frustrating at times, not only dealing with the changes in my own eBay selling business, but also fielding questions from my clients regarding unexplainable and sometimes indefensible new rules or policies and outrageous games with fee structures.  I pretty much shut down all operations on eBay myself and quietly told my good clients that they might want to take a fresh look at eBay, it was time to evaluate whether the price in terms of time, frustration and costs, had possibly become too high for some to do business on eBay.

    This was a tough thing for someone like myself to do, I had earned a living as an "eBay Guy".

    For years I was an eBay evangelist, promoting the benefits, offering training, offering business setups, designing eBay stores... I was writing this "Trading Assistant Journal" which started as an eBay based blog about being a "Trading Assistant or Trading Post" in 2007, (Then, due to changes in policies, I was neither a Trading Assistant or Trading Post by the middle of 2008). In effect, I had been helping to offer the "Kool Aid" in my own way,  I did not feel as if it were kool aid at the time and I was proud of my designations as an eBay Stores designer, eBay consultant and eBay education specialist.

    I was an eBay person to the core and I believed, truly believed, that eBay was the way to make money and have fun in business.

    But some major changes had come about and not only was my eBay business no longer fun, it was not profitable either.  I lost a lot of money in my eBay business, I know I am not the first person to publicly admit that fact but the reality does not change. You can lose more money as a seller on eBay than you make... Keep that in mind. If it happened to me, with my training and experience, it could happen to anyone. The Kool Aide is not always so sweet.

    But We Always Want To Go Back Home...

    I had a large office and warehouse for my eBay business. at the end of 2007 when the Trading Assistant and Trading Post rules changes took effect, I shut down all consignment operations.  Therefore I no longer needed a warehouse and I did not need a 2000 sq ft office.  During the course of 2008 I consolidated into a smaller office and now in 2009, since I had been working mostly from my Beach Condo anyway, I moved my office to the Beach.  This move, of course, precipitated some purging of office related "stuff".  In effect I needed to clean out my garage or attic.

    Why not try eBay?

    How many times have you heard that line?

    I heard it inside my own head, in fact I was thinking that I really needed an article about eBay for this Journal and that I should go through the steps of listing an item on eBay without using fancy listing software etc.  I should take a fresh look at the process, start to finish, of listing an item on eBay with the "sell your item" form.

    What is it like selling on eBay in 2009?

    I must admit that the process of listing items for sale using the eBay sell your item form is much easier than I ever remember it being.  I listed about 10 items in the span of an hour late one evening in my old office before the move. Not a lot of stuff, just books and software and other things I did not need any longer.

    Since I had kept up with the growing eBay vs Bonanzle debate (insert your favorite selling venue here, I prefer Bonanzle myself), I wanted to see just how fast these eBay listed items would sell using no special tactics or traffic generation, just by listing on eBay as any other person would do.  This is not a comparison review, because I did not list the same items on Bonanzle, I simply wanted to see if the bad taste of sour Kool Aid from 2008 was still stuck in my mouth for a reason.

    Bad Kool Aid?

    • 7 of my ten items listed did not get a bid, these 7 items were various technical and business or software related books and did not cost that much to list, but they were started at a price of less than half of retail and way below any competing products. All of the books were in like new condition.
    • 3 of my items sold = 30% STR - Not Bad, but not great and really not a true Sell through rate as these were all different items.
    • I shipped all 3 items within 2 days
    • One of the items that did actually sell was an opened retail box with a (un-named) software disk within. This item sold for over $150 which pleased me because I had described exactly what thecd item was and it was not new. This item was an open retail box, included a certificate of authenticity and the complete manual.  The return policy was set at 3 days.

    That last item has replaced the bad eBay Kool Aid taste in my mouth.  Not because the buyer wanted a refund due to not reading the item description or my responses to several other bidders questions about the item or its condition. Nope, not even due to the fact that the buyer had convinced themselves that the item was something it never had been listed as, or because the buyer wanted a refund after the 3 days return period... The bad taste is back because PayPal immediately granted the buyers wish, removed the money from my account and issued a decree that I would accept the return if the item was shipped back to me.

    I called PayPal to ask why?

    In my call as well as in my response to the PayPal dispute, I explained that the item was described correctly, I offered proof that the item had been signed for upon delivery at a date and time that was in excess of the 3 day return policy. I submitted screen shots of the listing of the shipping delivery information and of the full questions and answers to bidders about the item condition etc.

    I also explained to the PayPal representative on the phone (who may not realize that since this was a piece of software that it had most likely been copied) and that since the buyer was in the software selling business on eBay, that they had more than the average amount of knowledge when it pertains to the buying and selling of software, the buyer obviously did not read the listing, or they are running a scam.

    Not one part of my honest contribution to the "PayPal investigation" made a bit of difference.

    Why?  because the buyer claimed within the PayPal dispute form that the item was significantly different than what was sold. That is all the information the buyer submitted, no proof, no screenshots, no images of the imaginary or supposedly different product they received.  Guess what, PayPal did not ask for any kind of proof either.

    Apparently if a buyer keeps the PayPal dispute form short and sweet, it matters not what the seller submits as proof to the contrary.  It does not matter that the images of the box are exactly the same as what was displayed on eBay, it does not matter that the 3 day return period had expired, it does not matter that the product sold and its certificate or authenticity have been compromised, it does not matter that the seller has 100% feedback going back over 13 years on eBay.  None of that matters, the only thing that matters, and the investigation of any claim by a buyer ends when PayPal read these words.

    "Significantly Not As Described"

    No amount of proof to the contrary will make a difference, the buyer is granted free reign to buy software, copy it, claim it was significantly not as described, and then own it for the price of shipping the item back by eBay and PayPal.  In effect the words "Not as Described" throws up a roadblock to further investigation by PayPal.  This little loophole in PayPal policy makes for interesting opportunities for the unscrupulous among us, does it not?  How many other non tangible goods categories could be exploited in this way?

    Obviously not all buyers are unscrupulous, and I have dealt with more than my share of sellers who are not pillars of honesty, but for PayPal to proceed in this manner, while they hold my funds in thier own interest bearing accounts - well, I will say that this somewhat unpleasant reminder places the very real and very bad taste of some very old "Reverend Jim Jones style Kool Aid" in my mouth.

    Sellers beware, the PayPal dispute is not just slanted toward the buyer, it is a deck of cards with too many one eyed jacks, and that deck is stacked against you.

    One-eyed-jack3

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