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Showing posts with label E-Commerce. Show all posts
Showing posts with label E-Commerce. Show all posts

Friday, March 28, 2014

7 Ways to Manage Email So It Doesn't Manage You""""


 I'm always struck by the number of people who complain about the amount of email they receive and how much they despise their inbox -- not because their complaints aren't valid but because my own view couldn't be more different


By design, my inbox has essentially become the central hub of my workflow -- it's the way I routinely communicate and exchange information with our 4,300+ employees operating in 26 cities around the world. That's not to say I've always been a fan of email, or that I haven't had my own Sisyphean inbox experiences.
However, over the years I've developed several practical guidelines that have enabled me to manage my inbox effectively and ensure it's not managing me.
I look forward to hearing your best ideas and hacks for managing email in the comments below.
1. If you want to receive less email, send less email
As ridiculously simple as it sounds for such a pervasive problem, I've found this to be the golden rule of email management: Send less of it.
This rule first occurred to me during my experience at a previous company where two of the people I worked most closely with ended up leaving the organization within the span of several weeks. They were both highly effective communicators, worked long hours, and as it turned out, sent a lot of email. While they were at the company, our email cadence seemed absolutely normal. It wasn't until after they left that I realized my inbox traffic had been reduced by roughly 20-30%.
Turns out, it wasn't just their emails that were generating all of that inbox activity -- it was my responses to their emails, the responses of the people who were added to those threads, the responses of the people those people subsequently copied, and so on.
After recognizing this dynamic, I decided to conduct an experiment where I wouldn't write an email unless absolutely necessary. End result: Materially fewer emails and a far more navigable inbox. I've tried to stick to the same rule ever since.
2. Mark as unread
When hovering over any individual email in your Outlook inbox, a simple right mouse click results in a series of subsequent options you can take. One of those, "Mark as Unread," has fundamentally changed the way I work.
Having the ability to mark an email unread enables me to quickly glance through my inbox, respond to things that are most time pressing, delete the things that are irrelevant, and mark unread those items I'd like to return to once I have the time. This alleviates the pressure of feeling I have to do everything right now for fear if that one important email falls "below the fold" of my screen, it will be lost forever under the looming avalanche of prospective incoming messages. It also essentially serves as a to-do list of items to be addressed later.
I try to end each day with as few items marked unread as possible, with the goal of having none. If I'm unable to get to everything that night, I'll start the next morning by addressing the unread emails received the prior day.
3. Establish a routine
Over the last several years, I've settled into a very specific daily routine during the work week: Wake between 5am and 5:30am; spend roughly an hour on my inbox; catch up on the day's news; have breakfast and play with the kids; workout; go to the office; carve out roughly two hours for buffers each workday; come home; put the girls to bed; have dinner with my wife; and then decompress, typically while watching tv (sporadically cleaning up my inbox via mobile during commercials and the boring parts of whatever we're watching.)
Turns out, my inbox is very manageable when I stick to this schedule. However, every time I've tried experimenting with even the slightest change to this routine, travel for more than a few days at a time, or have a particularly hectic couple of days back-to-back, it never ceases to amaze me how quickly clearing my inbox ends up feeling like this.
In this case, it's the compounding effect that's particularly troublesome, i.e. the rate with which unread emails from the previous day start to mount and the accompanying pressure that generates. It gets so bad for some that they actually go as far as declaring email bankruptcy.
The most compelling way I've found to avoid this state is creating a routine and closely sticking to it. If it worked for Benjamin Franklin, it can work for you. 
4. Be precise with your words
Remember the telephone game you played in elementary school where the teacher got the class in a circle, turned to the student sitting next to them, whispered a line like "Do you want to play kickball at lunchtime?" and then asked each subsequent student to whisper what they heard to the child sitting next to them? By the time it came back around to the teacher, it would inevitably be revealed as something akin to "I want to eat a kickball for lunch." While this was laugh out loud funny in third grade, in business it's anything but.
Words matter. Choose them carefully in email to avoid ambiguity and misinterpretation. The more precise you are upfront, the less likely you'll see subsequent emails generating confusion and asking follow up questions seeking additional clarity -- and the more you and your team will be able to focus on the work at hand.
5. Give some thought To: the recipients
It seems like for many people, the To: and Cc: fields in email have become largely synonymousThey're not. Use them to draw a clear distinction between who the email is being sent to and from whom you expect a response from (the To: field); and who is being copied so they have the appropriate context (Cc:).
One of the fastest ways to have an email thread blow up in terms of downstream volume is to be less than clear about who you expect to respond. Six people in the To: line will oftentimes have the unintended consequence of generating six different email responses (and up to six different new threads) when one person's response is all you needed.
6. Acknowledge receipt
Here's an easy one: If the email sender has taken the time to address you in the To: line (and it really was intended for you vs. what should have been a Cc:), take the time to acknowledge you received it. The response doesn't need to be a diatribe. To the contrary, the fewer words the better, e.g. "Thanks," "Got it," "Makes sense," etc. This lets the sender know you received the message, don't need any additional information or context, and thus they can check it off their list.
If you don't respond, they'll have no idea whether or not they've been heard. Not only will this create worry about whether or not you received it, it is likely to generate another email with fundamentally the same content, but this time a number of additional people in the To: line in the hopes they'll respond given you didn't. The more people addressed, the more crowded your inbox is likely to become.
7. Take the combustible stuff offline
Email can be a valuable productivity tool when used properly. It can also be equally destructive when it's not. One of the most egregious examples of the latter is using email to communicate highly nuanced, sensitive subjects that are bound to generate controversy if not a flat out aggressive response.
It never ceases to amaze me what people will convey in an email when they get triggered by something -- words they would never choose to use when in the presence of the same audience. One former colleague of mine described this dynamic as "going strong to the keyboard."
If you find yourself in the throes of what is clearly becoming an antagonistic discussion online, do yourself a favor: Stop. Then either pick up the phone or head over to the person's office to have the discussion in person. Face-to-face interaction will reintroduce all of the important sub-text that will be completely lost in email and help prevent unnecessary arguments or douse heated flame wars before they begin.

Thursday, March 27, 2014

CHOOSING THE RIGHT PAYMENT SYSTEM FOR YOUR E-COMMERCE STORE"""

Ecommerce

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Your business has many moving parts. Marketing, advertising, product development, logistics, and administration are just a few of the components that must be handled with care in order to build a successful online store. For many of these, you likely have a grasp on what makes them tick, but one aspect of eCommerce that goes largely misunderstood, however, is the payment system.
Choosing the right payment method depends on a number of factors. The most obvious of which is cost and ease of implementation. But the internal benefits of your choice are less important than the external benefit you provide to your customers.
When customers make a purchase, they experience a number of fears. From deciding whether the site is trustworthy to battling buyer’s remorse, your role in this experience is to allay their concerns. One primary way to accomplish this is with an easy payment system, run through a trustworthy vendor. This is a primary reason for selection of the following options.

merchant accounts

For many businesses, this is the only option. And while not technically correct, the benefits may merit so. Native transaction pages backed by the trustworthiness inherent in being an official vendor is the industry standard for payment in online retail. Coupled with the guidance provided by the experts at one of the largest financial figureheads in the world, it’s easy to see why so many opt for merchant accounts.
The downsides, however, can provide real challenges for small businesses. Unlike the options that follow, setting up a merchant account is not an easy process, requiring a great deal of verification and shopping around for an “acquirer” with reasonable transaction rates. Furthermore, paying on your site, whether on desktop or mobile, will require entering card information, which can be a sale-ending hassle on mobile phones with small keyboards.

google wallet

Of the myriad vendors in the online world, Google’s name carries particular weight, and for good reason. Their track record of innovation and enabling online activity (to the benefit of their own services of course) have been driving forces behind the creation of Google Wallet, and this reputation precedes itself. Customers who purchase through Google Wallet will have the comfort of knowing their payment is being handled by a trustworthy source, and this level of comfort leads to higher conversion rates.
The features of Google Wallet are manifold. Customers are likely to have a Google account and, as long as their card is set up in the system, transactions are a breeze. Wallet’s 2-click mobile transaction system is a particular boon in a device context that’s frequently lamented for its difficult payment process. Additionally, you can upgrade to Google Offers to distribute savings across Google’s ubiquitous channels.
The downside to the system is the requirement of a Google account with a connected card. The requirement of setting up an account can be viewed as an unwelcome additional investment in the transaction process. For repeat, established customers, this may not be viewed as an issue. But for the new and wary, it can be a deal-breaker.

paypal

PayPal is an obvious choice when the conversation of payment systems arises. Its reputation over years of service inspires the needed confidence in buyers that drives conversion, and its function as an all-encompassing business account and payment system can help small businesses keep their personal finances separate.
The downside, however, is cost. A standard account (free) allows customers to make purchases through the system, but transactions are completed on a PayPal page. This departure from your established trusted site can leave some buyers feeling uneasy. In addition, transaction fees of 2.7% + $0.30 can add up quickly if you’re making a lot of sales.
However, the innate benefits of the system make it worth the choice. The biggest benefit lies in the fact that customers don’t need a PayPal account to complete a transaction, which alleviates the feeling of undesired commitment. Coupled with the Square-esque card-reader (included free) and the absence of cancellation fees or long-term contracts, selecting a new service in the event of dissatisfaction is a snap.
As you can see, choosing the right payment system depends on a number of factors. In doing so, your business must weigh the convenience provided by the system, both internally and externally, against the implicit trust communicated by the system used. Evaluate your individual needs and make the choice that best suits your circumstances, and your sales conversion, and customer confidence, will reap the benefits.
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