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BetterBusiness

Online Business & Marketing

Featuring Peter Switzer

More and more businesses are moving their businesses online driven by opportunities of a much larger customer base, 24 hour shop front and relatively low running costs.


Before you set get started, it’s important to consider some of the basics such as the role of your site, how your customers will find it, how you’ll accept payments if selling online and how orders will be fulfilled.


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Taking your business online: Peter Switzer explains the value of a website, how to drive traffic to the site and how to set-up an online shop.


Building your site

Remember that a website is a virtual shop front for your business. It must be simple to navigate and look professional (people are unlikely to part with their money if it does not look like a professional business).

 

We can help you set up shop with eVolve iSHOP a simple, fast and professional solution for creating your own online store. It’s a fully hosted site with secure payments to accept all major credit cards.

 

Getting noticed

Marketing online means you will need to have a marketing plan specifically for your website. One of the most vital components to your marketing strategy will be ‘search’, the way by which most customers will find you.

 

Optimising your site for search

The video covers Search Engine Optimisation (SEO), which is how you make your website easy to find in all the major search engines such as Google, MSN and Yahoo. To optimise you need to:

  • Content: Your text, videos, images and audio needs to be unique and relevant content. It’s a good idea to use multiple types of digital content like videos, throughout the website and on important landing pages.
  • Structure: How the website is built is important including your home page, the url you choose, links within the site, hosting location, server set-up and domain strategy.
  • On-page factors: On each page in your site you should consider keyword density, keyword frequency, layout, meta tags, heading tags, image alt tags, the page template, code structure and quality.
  • Off-site factors: Linking from other, credible sites to your site will improve your ranking. Consider contributing in social media (like facebook) and linking back to your own site.

 

Buying search

Search Engine Marketing (SEM) is when you pay for certain keywords your customers are typing into Google. You simply select those keywords through the Google, Bing or Yahoo websites, say how much you’re willing to ‘bid’ for each click (you only pay when someone clicks on your ad), set your budget, & away you go! The more you’re willing to bid for a click, the higher your ad will appear in the sponsored search results.

 

Fulfilling orders

When you open an online shop front, you are opening yourself up to more customers. You need to be prepared for an increase in sales. Make sure you have enough stock and resources to keep your customers satisfied. You could look at investing in an online system that connects to your existing inventory control so you and your customers know if you’re out of stock.

 

Postage and handling

If you will be delivering stock to the customer, remember that there will be a cost incurred. You will need to decide how to charge for this so you do not end up carrying the cost.

 

Payment and security

Think about how you will accept payment. Will payments be processed automatically online? Security must not be neglected if you are dealing with customers’ personal details. You can consult your IT partners to ensure you have the right level of security or alternatively, you could consider a third party payment site if you don’t have a secure payment facility.

 


Important information 
As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances. All products mentioned on this web page are issued by the Commonwealth Bank of Australia; view our Financial Services Guide (PDF 59kb)



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