Charles Nicholls

Charles Nicholls

SeeWhy
Charles Nicholls is founder and chief strategy officer of SeeWhy, web analytics visionary and author of Lessons Learned From The Top 1 Converting Websites. As a veteran of the analytics space, he has worked on strategy and projects for some of the world’s leading ecommerce companies, including Amazon, Ebay and many other organizations around the globe. Contact Charles at charles.nicholls@seewhy.com, or follow him on Twitter at @webconversion.
  • 0 comments 520 reads
    Posted on 2012-02-02

    We observed some significant new buying behaviors at the end of 2011 that are set to continue in 2012, and will impact online and offline commerce. It’s a blend of: online, mobile, social, multi-channel, discount seeking, and connected customer behavior.

    Sounds complicated.

    To simplify, we’ve developed three customer  types (personas) based on the new behaviors:

    • The Connected Customer
    • The Discount Seeker
    • The Social Butterfly

    Each of these is a behavioral trend and not a unique segment of customers. The point here is that many customers will exhibit one or more of these three behavioral characteristics. For example, Connected Customers are inherently social, and Discount Seekers often use multiple devices to research purchases like Connected Customers will.

    Identifying these personas is useful because it allows us to think about the marketing tactics we should be deploying to address evolving buyer behavior.

    ...

  • 0 comments 757 reads
    Posted on 2012-01-17

    In 2011, the shopping cart abandonment rate continued its rise, reaching a new all-time high of 72% by the end of the year. In this blog, I’ll try to answer why the shopping cart abandonment rate has risen, despite a focus on conversion optimization by many ecommerce sites. I’ll also explain why I predict that the shopping cart abandonment rate will continue to rise in 2012.

    Everything is more exaggerated over the holiday period: Retailers offer a dazzling array of new products, coupled with equally dazzling promotions, while trying to manage the constant problem of out-of-stocks. And customers make an abnormal number of purchases in a very short period and abandon their shopping carts in droves as they search for the best deals.

    The 2011 holiday season was no exception. It was a bumper year again for ecommerce, with more than $37 billion in online spending in November-December, up 15% from 2010, according to comScore. And more than...

  • 0 comments 280 reads
    Posted on 2011-11-29

    The theory goes that if you make it easy for visitors to follow a simple path to conversion, you’ll generate traffic and revenue.

    And yes, this is correct.

    But this “single track” view of conversion is overly simplistic.

    In this column, let’s explore why, and how it’s important to consider all of your available conversion paths.

    Why Customers Don’t Buy

    Only 3 percent of visitors buy within one session on an e-commerce site. And once they get as far as the shopping cart, 71 percent will abandon. To understand why, Forrester Research asked 3,000 people why they abandon.

    ...

  • 0 comments 785 reads
    Posted on 2011-11-26

    In 2006, a Wharton professor first noticed that online buyers were more likely to respond to a free shipping offer that resulted in a savings of $6.99 over an outright savings offer of $10. The explanation was that it made the online price more comparable with the offline equivalent.

    This fascinating insight into buyer motivations has contributed to on a major new piece of research into online buyer behaviour, which I’ve been working on over the last few months. It will be published on December 13th as an ebook titled ‘The Science of Shopping Cart Abandonment.’

    To mark Black Friday, I’ve drawn from some of this research to look at the effects of holiday promotions, and how different price points impact buyer behavior. In particular, I’ll look at the relationship between the cart value and the shopping cart abandonment rate.

    What are key price points that trigger...

  • 0 comments 290 reads
    Posted on 2011-11-17

    It’s official: Free shipping is the shoppers’ top retail promotion of choice, driving the majority of customers to buy and to spend more than with any other promotion. This holiday season, customers will be even more price-sensitive, looking not only for the best prices, but free shipping and returns as well.

    As we have written about before, customers have become trained to wait for holiday offers prior to making purchases. A tighter economy suggests that this holiday season should see good growth for ecommerce sites as consumers look online for the best prices. However, there is evidence that the 2012 consumer is also moving online to save money across a spectrum of goods, including...

  • 0 comments 415 reads
    Posted on 2011-11-10

    For many website visitors, the Online checkout user experience is far from intuitive. I just came across this great viral video from the Google Analytics marketing team on the online buying process. Taking the simple idea of what it would be like to have to go through an online shopping process in a physical store, there are many painful home truths exposed here in an amusing way.

    The video follows a man trying to buy a loaf of bread in a British supermarket, but being forced to go through an online checkout process. What fun – it  should resonate well with all ecommerce teams and user experience experts alike. It’ll also make you chuckle and...

  • 0 comments 456 reads
    Posted on 2011-10-29

    “Not doing usability testing? Are you nuts?” said web usability expert Steve Krug at the Conversion Conference in New York last week. According to Krug, “All sites have serious usability problems. Tuning a website without fixing the problems is like painting over potholes.”

    Krug is arguably the man who put website usability testing on the map with his seminal book ‘Don’t Make Me Think.’ If you haven’t read it, this is the one book on website design that everyone that has anything to do with websites should read.

  • 0 comments 1,929 reads
    Posted on 2011-10-06

    Many people have been waiting for the new iPhone 5, (including myself, stuck with a Jurassic era 3GS), so you may be disappointed with the more minor upgrade announced yesterday in the form of the new iPhone 4S. Disappointed or not, the iPhone 4S looks likely to sell by the truckload. After all, people said the iPhone 4 was disappointing, yet it sold an astonishing 1.7 million handsets in just three days after its June 2010 release.

    But what does the iPhone 4S mean for mobile commerce? A raft of new features have upgraded the old 4, and while you might think these are just nice-to-haves, there are two new features, which in combination, have the potential to make mobile commerce significantly...

  • 0 comments 895 reads
    Posted on 2011-08-30

    There is a strong relationship between the shopping cart abandonment rate, and the value of the shopping cart. In general, higher value shopping carts are abandoned more frequently, but it’s not a linear relationship and it is too simplistic to apply this as a general rule.

    There are three key exceptions to this rule that all online marketers need to be aware of:

    1. Low value carts have high abandonment rates
    2. Carts at critical price points have very high abandonment rates
    3. Individual products can have very different abandonment rates

    Let’s look at each in turn using data is based on a sample of 250,000 abandoned shopping carts across multiple ecommerce sites.

    1. 1. Low value carts have very high abandonment rates

    ...

  • 0 comments 730 reads
    Posted on 2011-08-25

    There are clear pros and cons of selling on Amazon. The Harry Potter franchise of e-books have recognised this and will not be depending on Amazon. Author JK Rowling has teamed up with Sony to launch a direct outlet, called PotterMore.

    If you’re in the ecommerce business, and have ambition, then perhaps like JK Rowling, you shouldn’t sell on Amazon. But if your ecommerce business is funding your lifestyle, and you have no great ambition to change the world, then Amazon could be an important channel for you.

    This distinction is important: It’s essentially asking the age old question about your business, ‘Who do you want to be when you grow up?’ If your ambition is large, then Amazon is not for you. If you merely want to make enough money to pay the bills each month, then it could be good; but go into it with your eyes open because you’re hitching a ride on the back of a 90-pound gorilla.

    Amazon’s strategy is to focus on three core values: selection,...