| The past two years have proven to be disastrous
for many of the "Dot.Com" companies. Where have they gone, and why
have they gone away? Where they have gone is an easy one. Why
really isn't tough to figure out, either. There are several reasons,
but the predominant reasons are lack of marketing and lack of
Web site content. Too many companies lack content that adds value
to their business! Large companies are not protected. At a
recent conference, Jarrod Spool discussed Web site usability. He
pointed out the good, the bad, and the ugly. Who do you think was
at the bottom of the rung? Ford Motor Company. The things he
pointed out were hysterically awful. No organization, big or small,
is immune.
Simply building a site "because that's
what companies do" is not enough. In marketing we constantly examine
how different aspects of a business add value to that business. The
Internet is no different. How can a Web site add value to any
organization?
That's a question that needs to be answered. All too often companies
put up a Web site that is merely an online brochure and doesn't really
add any value. They provide names, addresses, phone numbers, a picture
of the CEO sitting in his big leather chair, a history of the company,
etc. Let's consider Tom's Hairbrush Company. I don't care about
what the CEO looks like, and I don't believe I have ever taken the time
to read the history of any company online--let alone a hairbrush company--because
I don't care. Maybe the webmaster's mother will read that section.
I might need that address and phone number, so I visit the site and print
the "brochure," but I really could've looked that up in the phone
book. I'm not about to pay $6.00 in shipping to purchase a $4.00
hairbrush. In addition, if my hair needs brushing, I don't want to
wait a week while the UPS man brings my brush. I've got KNOTS!
What real value has this site added to Tom's Hairbrush Company?
In order to add value to any organization,
a Web site must provide real content. Content is the information
that is available on the site. Theoretically it is the reason people
visit your site, and it's the reason they return. It may provide
information, entertainment, online services, transaction capabilities,
communication forums, or other types of content that will attract visitors.
But always remember that content is the reason people visit your site.
The Internet is the only medium we have,
to date, that combines sight, sound, multimedia, two-way communication,
and real-time communication, all wrapped in the same package, inexpensively
enough to be in millions of homes. The possibilities are unrealized,
yet it is misused so frequently! The Internet adds interactivity
to a medium in ways that we are only beginning to see. Any
site that is not interactive at some level has missed the proverbial boat.
The more interactive the site, the more the site takes advantage of the
Internet's capabilities. Let's take a look at a VERY good business
model--Land's End.
Land's End had been a traditionally sound
company, but went from a $560 million per year company to its year 2000
sales of $1.462 billion, due predominantly to the Internet.
They currently are the leading clothing retailer in the world.***
In addition, they have significantly reduced their catalogue output and
curbed affiliated costs, and they're not slowing down. Now let's
ask a few questions. Are they the cheapest clothing retailer in existence?
No. Do they have the absolute best clothes in the world? No.
Do they have really pushy salespeople that get the job done? No.
Ok, so what is it that they have done? The answer is simple.
They offer a good product at a fair price, but there are LOTS of companies
that do that (however, don't forget the importance of that!). The
second reason is their Web site content. Land's End not only provides
clothing, but it provides a full shopping experience, and currently is
one of the few Web sites that addresses a wide variety of customer needs
and concerns.

***(http://moneycentral.msn.com,
May 2001)
lesson
7 | lesson
7a | lesson
7b | lesson
7c | lesson
7d | lesson
7e
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