News and Blog

Facebook rolls out New Online Marketplace

Facebook on Monday announced Marketplace, a new mobile app that facilitates buying and selling between peers.

Marketplace allows members of a community to discover, buy and sell items, noted Facebook Product Management Director Mary Ku.

The service is scheduled for rollout this week in the United States, UK, Australia and New Zealand. Users can access Marketplace by tapping a shopping icon at the bottom of the Facebook mobile app.

The opening screen displays photos of items for sale by people who live in a user-defined geographic area. Tapping an image will reveal more details about the item: product description, name and profile picture of seller, and location. Items can be saved for later reference.

If you're interested in an item, you can let a seller know by sending a direct message via Marketplace. After that, you're on your own. Facebook does not facilitate payment or delivery of Marketplace purchases.

Social Media to eCommerce Sites Has Increased 198 Percent

Here’s another very good reason for your business to be more active on social media.
A new study of over 1,000 U.S. consumers by Sumo Heavy Industries, a digital commerce strategy firm, has found a 198 percent increase in social media referral traffic to eCommerce sites between 2014 and 2015.

The report revealed that Facebook still has the largest number of social media users (56 percent) who follow businesses online to learn more about their products. It’s followed by Twitter (47 percent) and Pinterest (47 percent).
It’s worth noting that 500 million people watched a collective 100 million hours of video on Facebook. This clearly reflects the social media giant’s power to connect more consumers and businesses.
Significantly, Facebook has undertaken several steps to make its platform more business-friendly. Earlier this year, it launched a new video tool to let businesses make a short introductory video about their company.

Increase Your Ecommerce Business Sales

Generating new business is one way to increase your ecommerce sales, but there’s a good chance you could be doing more with the customer base you already have.
1. Upsell and cross-sell products.
Cross-selling and Upselling aren't hard to do when you know what other equipment your customer is going to need to go along with that new purchase.
2. Eliminate abandoned carts.
For every 100 customers visiting your website, as many as 60 to 70 will abandon their shopping carts. One of the main reasons customers abandon their carts is because of price and additional fees. If they can find the same product for a cheaper price elsewhere, they will leave your site. If shipping fees or other unexpected costs are added to their order, they will find another store.
There are many ways to curtail abandonment rate, but one of the most straightforward is with follow-up emails. 
3. Spend on social media.

Content and SEO: Building linkable content

There are numerous types of content: blog posts, articles, white papers, eBooks, listicles, videos, photographs, case studies and more.

But not all types of content are link-worthy.

It makes sense — different content should serve different purposes (awareness, education, conversion and so on). Therefore, if links are a goal in your marketing strategy, you should have content planned to secure links.

Creating content alone isn’t enough. You can’t build it and expect the links to come. You need a link strategy.

The first step to creating linkable content is to understand why people link on the web. Then, when you’re planning your next piece of content, ask yourself the question, “Why would anyone link to this content?”

People typically link to content because they find the content useful, entertaining, unique, insightful or valuable.

Content Marketing and SEO Work Together

Brand content tends to be created with either SEO or reputation/brand-enhancement in mind, but rarely with both, as if they were mutually exclusive. It’s difficult to say why that happens in all cases, but in our experience with larger brands, it’s often a result of who has ownership of the content, and what their goals are.

It is possible, though, and we believe most desirable, to create content that both helps build SEO while at the same time creating real value for actual users of the site.

There’s increasing evidence that high-quality content that does a good job of fully serving user needs actually enhances SEO, so there’s obviously benefit in bringing the disciplines (SEO and content creation) together.

Google updates Penguin

After a nearly two year wait, Google’s Penguin algorithm has finally been updated again. It’s the fourth major release, making this Penguin 4.0. It’s also the last release of this type, as Google now says Penguin is a real-time signal processed within its core search algorithm.

Penguin goes real-time

Penguin is a filter designed to capture sites that are spamming Google’s search results in ways that Google’s regular spamming systems might not detect. Introduced in 2012, it has operated on a periodic basis.

In other words, the Penguin filter would run and catch sites deemed spammy. Those sites would remain penalized even if they improved and changed until the next time the filter ran, which could take months.

The last Penguin update, Penguin 3.0, happened on October 17, 2014. Any sites hit by it have waited nearly two years for the chance to be free.

Verizon only learned about Yahoo's massive data breach 2 days ago

Yahoo users aren't the only ones digesting the news about the company's massive data breach.
So is its future parent company.
Verizon said that it only learned this week that Yahoo (YHOO, Tech30) was hit with a massive security breach. On Thursday, the news broke that "at least" 500 million user accounts had been compromised, likely making it one of the largest hacks in history.
"Within the last two days, we were notified of Yahoo's security incident," a spokesperson for Verizon said in a statement provided to CNNMoney. "We understand that Yahoo is conducting an active investigation of this matter, but we otherwise have limited information and understanding of the impact."
Verizon (VZ, Tech30) agreed to buy Yahoo's core properties for $4.83 billion in late July, just days after reports of a wide-scale security breach first surfaced in the media.

Parents and millennials will drive online holiday purchases

72% of millennials will shop online this year, and 58% will make purchases via their mobile devices, a new study finds

The official end of summer isn’t until later this week, but consumers are already scouting holiday deals online, a new study finds.

According to an online survey of 1,003 U.S. consumers conducted by online advertising technology firm The Rubicon Project, roughly 22% of Americans have started researching Cyber Monday deals as of August, up 10 percentage points from Rubicon’s study conducted this time last year.

About 47% of consumers said they plan to shop online on Cyber Monday, the Monday after Thanksgiving (Nov. 28), versus 42% for Black Friday, the day after Thanksgiving (Nov. 25), the company says.

Tips to Successfully Add an E-Commerce Channel

As a small business owner, it’s very important to consider the value of taking your business online in a 21st century economy that loves the convenience of online shopping.
The benefits of adding an e-commerce channel to your existing business are numerous. For starters, you’ll increase your availability to 24/7/365. Whereas your brick-and-mortar stores likely closes at a certain hour, your e-commerce website stays open.

1. Understand the costs. The first thing to think about is cost. Building an e-commerce site is going to require an upfront investment, and it’s best that you estimate this dollar amount as accurately as possible before getting started.

For what it’s worth, most e-commerce sites cost at least between $5,000 and $10,000 to develop, design, and launch.

Ecommerce Companies Should Use Social Media for Marketing

Today, social media spending makes up a small fraction of most business’ marketing budgets. A recent Duke University survey found that, on average, social media spending accounted for just 9% of the overall budget. But that number is projected to expand to nearly 22% in the next five years.

Clearly, ecommerce marketers recognize the power of social media to connect with an audience. Facebook, Twitter, LinkedIn, and Instagram are nearly ubiquitous in our lives. They’re like the 21st-Century Main Street; we use them to communicate, find information quickly, and increasingly, to shop for products.

Why? Social networks are evolving from merely places to find and distribute content; they’re becoming commerce portals. Businesses that integrate social media into their marketing strategy – from customer acquisition, to sales, to re-engagement campaigns – will benefit. Here are a few ways ecommerce businesses can maximize their social marketing efforts:

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