Don’t be a ‘one-click wonder’, ecommerce report warns Irish retailers
Companies not doing enough to encourage repeat business, finds Wolfgang Digital
Ecommerce “rewards are there”, says Alan Coleman, chief executive of Wolfgang Digital. Photograph: Conor McCabe
The most successful Irish ecommerce retailers outshine their rivals at attracting return visits to their websites and are more likely to have had customers interact with their brands on social media, an analysis of 250 million website sessions by Wolfgang Digital shows.
The Dublin-based marketing company’s report confirms a correlation between repeat digital footfall and higher online revenues, highlighting the importance of avoiding the “one-click wonder” trap.
Online retailers are “absolutely not” doing enough to pursue what might be regarded as an intuitive route to higher revenues –seeking ways to boost return visitors, said Wolfgang Digital chief executive Alan Coleman.
“Currently, ecommerce websites are averaging 1.5 visits per user over 12 months. Anything a marketer does to get that to two, three or four is probably the best marketing campaign they can do.”
Wolfgang’s analysis of the “purchase journey” that led to some €500 million in online sales in the year to June 2018 found that people who interact with a brand on social media were twice as likely to make a purchase as someone who only visits the brand’s website.
Online trading prowess
Overall, the report found that ecommerce companies converted visitors to their sites into purchase-making customers at a rate of 1.85 per cent, with the average order value arriving at €282.
Its publication follows the announcement of a new Enterprise Ireland scheme to help Irish retailers develop their online trading prowess and compete better internationally by availing of grants of up to €25,000.
Ecommerce marketing shouldn’t be about following someone around the internet with the same banner advertisement until they puke
Mr Coleman welcomed the introduction of the Government scheme. “The Irish have a propensity to buy online, which tells us the rewards are there,” he said.
However, there is now “a much greater chasm” between basic online marketing and the most sophisticated ecommerce tactics, he said.
“What we’re saying is, the message now needs to evolve. Ecommerce marketing shouldn’t be about following someone around the internet with the same banner advertisement until they puke. It needs to be more of a conversation with consumers.”