You Need Stinking Badges

“We ain’t got no badges. We don’t need no badges. I don’t have to show you any stinking badges.”
From The Treasure of the Sierra Madre

Unlike that famous movie quote, you are generally better off having a “secure site” seal or similar “tested” badge on your Ecommerce site. We’ve all seen examples of those badges at the various sites we’ve shopped at. Seals such as the “McAfee Secure”, the “Verisign Trust Seal” (now owned by Symantec), and the BBB Accredited Business Seal are found on many web stores.

If these badges are so good, you may wonder why it is that you don’t see them at Amazon.com? Well, it’s Amazon.com – shoppers have heard of them, already trust them, and do not need a third-party to verify how safe or trustworthy they are. Your site, however, is probably not as well known. Thus, some kind of third-party endorsement may be a reassuring sight to a number of your shoppers. I say ‘may be’ because most of the studies (though not all) show that sales do increase with the use of these seals.

Various reports of A/B testing indicate a general sales increase of anywhere from 4% to as high as 15%. There are, of course, some merchants that report no increase in sales. That being said, I think that if most merchants see an increase in sales from using the badges, then why not try at least one badge on your site? Price, understandably, can be an issue. If you are a small merchant or just starting out, then every penny matters and you may not be able to afford any of these third-party seals. Thankfully, ShopSite merchants have a built-in seal that comes with their shopping cart – the “ShopSite High Security” seal.

ShopSite will calculate how securely your store is taking payment information. If your store is at the Highest Level (there’s low, medium, and high), then the “ShopSite High Security” Seal will be displayed with the current date. A shopper that clicks on the logo is taken to this page to explain what the seal means.

Note that even if you choose not to use the “ShopSite High Security” seal, I strongly urge you to make sure your site qualifies for the Highest Security level. When viewing orders in the ShopSite backoffice merchant interface, the security level is displayed in the upper left. Clicking on the level (low, medium, or high) takes you to a page explaining why you are at that level.

For more information on how well badges work to boost consumer confidence, I recommend this GetElastic article and this one by Ask Dave Taylor. I found it interesting to note that the placement of the badge affected the results. It appears that having it in the top part of your site or checkout is best. By default, ShopSite’s High Security seal is placed in the footer, but by putting a tag in your custom template, you can put it wherever you like.

So, unless you are Amazon.com or the bandits in The Treasure of the Sierra Madre and do not need “any stinking badges”, you should try one or more of these seals. Like Humphey Bogart, some of your shoppers will want to see your badges before they trust you.

Ecommerce Lesson from Scout Camp

Last week, I had the opportunity to herd 15 boy scouts around scout camp.  There are some merit badges where you need to pay for supplies, such as the leatherwork merit badge.  No problem, there is the Trading Post where you can get your kit to make a belt, bracelet or even moccasins.  There are, of course, other things at the Trading Post of equal or more importance to my scouts – candy, chocolate, soft drinks, ice cream and even slushy drinks!  The parents were warned to send money with their boys, and as their scoutmaster, I cautioned the boys not to spend it all in the first two days!

The Trading Post accepts cash, but of more interest to me was a $5 punch card with your name written on it.  You then had the option to use the card at the Trading Post or directly at certain merit badge classes if they needed to charge you for something.  At the end of the week, you could trade it back in for the cash that was left on the card.  If you lose your punch card, hopefully someone finds it and turns it in, since it has your name on it.  In theory, this was a good system for preventing the loss or even theft of a scout’s money.  Some of my scouts lost their cards.  If it was in the lake, then there was no way anyone would be able to identify the owner – the ink for the name would be unreadable at best and likely to be washed off completely.  One of my assistant scoutmasters joked that the trading post probably made more money on lost or unredeemed cards that on actual sales of products!  I don’t think that was the case, but no doubt they did make some money off the lost cards.

Allow Gift Certificates in your ShopSite StoreThe system used at scout camp is similar to using a gift certificate or card at an online or physical store.  You purchase a gift certificate for a certain amount that can later be redeemed at the store.  Generally speaking, gift certificates are just that, a gift that you purchase for someone else to redeem.  You get credit for buying someone a gift and they get to purchase exactly what they want.

But, just like my scouts, some people will lose their gift card (for physical stores) or entirely forget to redeem it (or remember after the expiration date has passed!)  A couple of years ago, Consumer Reports indicated that $8 billion in gift cards went unclaimed.  A whopping 27 percent of gift card recipients had not used their cards!

If you’ve read some of my previous posts, you know that I’m a proponent of letting shoppers pay using any method they want.  Gift cards/certificates are really just another payment mechanism that you should support.  You get the money up front, which is always a good thing!  Also, if some shoppers choose not to use them right away or ever, you come out even further ahead.  But the real benefit is ensuring that someone shopping for a gift doesn’t abandon your site because they don’t know what the recipient wants.  Hey, it’s hard to choose between a leather belt, bracelet, or moccasins!

Don’t Tug on Superman’s Cape

There’s a Jim Croce song where the chorus says:

You don’t tug on Superman’s cape
You don’t spit into the wind
You don’t pull the mask off the old Lone Ranger
And you don’t mess around with Jim

It’s referring to the no brainer things that people should never do. The song reminds me of some of the similarly ‘no brainer’ things that people should avoid doing that leads to fraud and identity theft. For example, if you get a phone call from someone claiming to be from your credit card company and they need to verify your account, don’t give out any personal information such as a social security number or credit card number. Instead, hang up and call the company’s number on the back of your credit card to see if they were really trying to contact you. Likewise, any e-mail claiming to be from your bank that validates your info by having you click a link and log in is almost certainly a ‘phishing scam’. Someone is trying to obtain your account information. Thankfully, many of us are wise to these types of ploys (RSA’s 2010 survey indicates that 76 percent of consumers are aware of phishing threats.)

I like to play it safe, especially online. If possible, I opt out of features that save my credit card information when I check out. It’s not necessarily that I don’t trust the merchant; I just don’t trust that they have the best security features in place. So I have to reenter my card when I visit next time? Big deal! It is worth the peace of mind to me.

Last week, I mentioned how you should accept as many payment types as possible, since shoppers may have a preference. Besides preferring certain credit cards based upon personal versus business purchases, I also sometime prefer to pay using PayPal or Google Checkout. If I am shopping at a merchant that I am not familiar with, I will always choose PayPal or Google Checkout if the merchant offers one of those payment options. It is comforting to go to PayPal and sign in to complete my purchase. I know PayPal even if I don’t know this merchant. I also know that, because I’m using PayPal, the merchant will not have access to my credit card information. And, as an added bonus, I don’t have to reenter shipping or payment info.

I understand that, because I’m in the eCommerce industry, I’m probably a little more savvy than the average shopper. But, just like more people now know to not click on login links from e-mails, we may see more shoppers being particular about how they choose to pay. So, for your peace of mind on not losing sales because of restricting a shopper’s payment options, give them choices! After all, it’s a no brainer.

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