Longtail hyper-personalization are a couple of buzzwords that are demanding more attention. What they mean is niche marketing is coming on strong in ecommerce.
Value-added personalization is an excellent way to exploit the fact that people are creatures of habit. Successful small ebusinesses are being built on strong customer loyalty. A very good way to start a new business is to start with a hobby, or some subject you know a lot about. Provide detailed knowledge, share experience and offer support that's far beyond anything a big corporation can offer. Users complain about the canned responses they get from eBay while praising the personal responses they get from niche etailers.
Longtail is a buzzword that generally describes marketing to search keywords with low traffic. Instead of competing for high traffic, expensive keywords, niche marketers are going after large numbers of keywords that get very little traffic and frequently have no competing bids. They find the ROI and conversion rates are superior and new customers arrive looking for a vendor they can be loyal to. This often translates to a larger net profit with a smaller net cash flow, or make more money with fewer visitors.
I am seeing more and more specialty shops going online with Miva that are lasting. I am seeing more folks move away from Ebay stores with their high costs and restricted set of canned features toward Miva stores with its broad range of highly customized features. It seems I'm doing more and more tightly focused customizations aimed at personalizing the shopping experience.
I initially thought it was just the big improvement in Miva 5 causing this but now I'm starting to believe it's actually part of a larger trend.
Niche stores with longtail marketing are certainly worth a look.
Related Story
Value-added personalization is an excellent way to exploit the fact that people are creatures of habit. Successful small ebusinesses are being built on strong customer loyalty. A very good way to start a new business is to start with a hobby, or some subject you know a lot about. Provide detailed knowledge, share experience and offer support that's far beyond anything a big corporation can offer. Users complain about the canned responses they get from eBay while praising the personal responses they get from niche etailers.
Longtail is a buzzword that generally describes marketing to search keywords with low traffic. Instead of competing for high traffic, expensive keywords, niche marketers are going after large numbers of keywords that get very little traffic and frequently have no competing bids. They find the ROI and conversion rates are superior and new customers arrive looking for a vendor they can be loyal to. This often translates to a larger net profit with a smaller net cash flow, or make more money with fewer visitors.
I am seeing more and more specialty shops going online with Miva that are lasting. I am seeing more folks move away from Ebay stores with their high costs and restricted set of canned features toward Miva stores with its broad range of highly customized features. It seems I'm doing more and more tightly focused customizations aimed at personalizing the shopping experience.
I initially thought it was just the big improvement in Miva 5 causing this but now I'm starting to believe it's actually part of a larger trend.
Niche stores with longtail marketing are certainly worth a look.
Related Story
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