I'm in the process of starting up a little eCommerce site with my cousin selling a product. We've already come up with a few little ideas to set us apart from the other competitors who sell the same product; one of them is an autoship feature.
Are customers more interested in paying more for a product that offers better customer service and an overall better shopping experience than just finding the best deal? The product will sell for about $30, so the difference between the competitors won't be any more than $5-8.
If we offer things like free shipping, it will be reflected in the price, but it may end up costing the same as the competitors. For instance, Store A charges $30 plus $4 or $5 for shipping. Store B charges $35 with free shipping. In the end, the prices are basically the same. If we're Store B, I was thinking that being able to advertise "Free Shipping" is a good marketing tool in being able to try to portray that we're offering the best deal.
Additionally, being able to go with an autoship type feature would emphasize convenience and our desire to please our customers. This makes benefits both the business and the customers, but would most customers appreciate this offering or ignore it and shop for the best price?
These questions all, essentially, boil down to what do customers want? Are most customers just looking for the best deal (financially), or will most pay a few extra bucks for a better experience?
Thanks in advance for any responses or ideas you may have.
Are customers more interested in paying more for a product that offers better customer service and an overall better shopping experience than just finding the best deal? The product will sell for about $30, so the difference between the competitors won't be any more than $5-8.
If we offer things like free shipping, it will be reflected in the price, but it may end up costing the same as the competitors. For instance, Store A charges $30 plus $4 or $5 for shipping. Store B charges $35 with free shipping. In the end, the prices are basically the same. If we're Store B, I was thinking that being able to advertise "Free Shipping" is a good marketing tool in being able to try to portray that we're offering the best deal.
Additionally, being able to go with an autoship type feature would emphasize convenience and our desire to please our customers. This makes benefits both the business and the customers, but would most customers appreciate this offering or ignore it and shop for the best price?
These questions all, essentially, boil down to what do customers want? Are most customers just looking for the best deal (financially), or will most pay a few extra bucks for a better experience?
Thanks in advance for any responses or ideas you may have.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today