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BUSINESS FOR SALE SPOTLIGHTS

Setting up a website


The Internet has been alternately viewed as the solver of all business problems and as an unregulated and expensive technological monster. What is true is that the Internet has changed the way business is done, and no company can afford to simply turn its back in the hope that it will go away.

This guide examines the benefits of putting your business online and takes you through the first practical steps you will need to take to establish your presence on the World Wide Web.

Why set up a website?

A website allows you to reach a global audience 365 days a year, 24 hours a day. It could allow your business to operate without a shop front. A website can also help lower your distribution and wholesale costs.

Many companies initially decide to invest in an Internet presence because it offers them an alternative way to trade. However, many find that the main business benefit is actually the time and money saved through introducing more efficient working practices using their sites – rather than money made through e-commerce.

The potential benefits of having a website

It can increase the amount of business that you do:

  • You can sell products to customers online (e-commerce).
  • You can reach international markets.
  • A website can allow you to showcase your services and products to a wider customer base,
  • A website can help you get more business from your current clients, particularly if you create a client database from the information you collect online.

It can save you time and money:

  • Answers to common queries can be put on your site.
  • Product photos and descriptions can make brochures redundant – and updating online is much cheaper than reprinting a brochure.
  • You can reduce your administration costs by putting standardised forms on your site and communicating via email.
  • You can advertise for new recruits online.

Is a website right for you?

It is important to be clear about how having a website can add to your business. How does having a website fit into your overall company strategy? Do you have sufficient resources to maintain your Internet presence – keeping the site updated, for example?

Evaluate what a site can realistically achieve for you. For example, if you intend to trade online will you gain more customers, lower operating costs or a competitive edge? Don’t forget to calculate the value of automating your existing business processes – it could make the crucial difference to your decision.

Your need for a website is likely to be greatly influenced by the sort of business you are involved in. Most estate agents will already have considered an online presence because of the obvious advantages to their clients of being able to see the inside of houses and learn of new properties coming on the market as soon as possible. A corner shop with few distinguishing features in its product range may take a more leisurely view of getting a website.

It is, however, important not just to follow the rest of your market. If all of your competitors are rushing to sell goods online, then you may decide you need to keep up. If no one else is online yet, you may gain a genuine competitive advantage by daring to strike out ahead of the rest of your industry.

Getting started: how do I go about it?

The first task is to determine your objectives and set yourself some goals.

Ask yourself:

  • What are the short, medium and long-term benefits of having a website for my business?
  • How do I intend to define the success of my site? For example:
    • How many new customers can I attract in the first year?
    • How many new customers can I attract in the first year? How much time and money will I save by dealing with my customer queries online?

Next you need to look at the practicalities of setting up your site. Decide:

  • Can I build the site in-house or do I need to buy in professional design and technical services?
  • Can I build the site in-house or do I need to buy in professional design and technical services? If so, who will manage the project in-house/brief external contractors? How will we monitor the service they give us?
  • Do I own a web address? If not, which URL (web address) should I buy? You may be constrained by what is available and bear in mind you may need to buy several – e.g. Boots.co.uk and Boots.com.
  • In addition, every website literally needs some space on the World Wide Web in which to sit. There are many companies that offer ‘web hosting’ – that is, they ‘host’ your site on their ‘space’ and ensure that when a visitor types in your web address, they see your site. So, ask yourself, what kind of website hosting services will I require? Do I need technical assistance and back-up to ensure my site runs smoothly?

Customer service is crucial to web success. If you are going to offer customers the chance to order goods or make requests online, you must be able to respond quickly to them and offer them guaranteed security and delivery deadlines.Agreeing the total cost

People expect a lot from the Internet – speed and current information, most of all. Almost all sites will need to be constantly updated and expanded to keep customers interested.

Planning your site content

Good site content is relevant, current, and written in short sections. You can’t go far wrong in the beginning by asking your customers what they would ideally like to read.

Compare other sites and see what information or services are available on the ones you like. Searching competitors’ sites can be a great help, but focus on how you could improve upon them rather than simply imitating them.

When looking at competitive sites, remember that you are now dealing with a global medium, so don’t limit yourself to UK businesses.

Content must-haves

  • A site map – people like to know where they are going and how they can get there.
  • Offline contact details – include a page which can be reached from anywhere on the site, allowing people to reach you by phone, fax and post.
  • A search facility – to help visitors pinpoint what they want to see on your website.
  • Try adding some frequently asked questions (FAQs) – visitors love them and they can reduce the time you spend saying the same old things over the phone.

And if you’re going to trade online, add:

  • A privacy policy explaining your commitment to security.
  • A guarantee of the quality of your products.
  • A clear exchange/returns policy.
  • Up-to-date prices and stock availability. This should include all of the costs a customer will incur (e.g. VAT and postage and packing).

Designing and constructing your
website

The first issue you have to resolve is: who will design and construct my site? A basic shop window with email facilities can certainly be done on a DIY basis, but if you need or want a more sophisticated approach, particularly with different e-commerce functions, then you may well have to bring in the experts.

The pros and cons of doing the job in-house
Pros

  • It will probably be cheaper.
  • The website builder knows the business well.
  • The website builder can be focused on this single task.

Cons

  • The website builder may have to relinquish their usual responsibilities for some time (permanently, if the site requires considerable maintenance).
  • Although capable, your in-house expert may well be not as good as a professional developer.

The pros and cons of using a web developer

Pros

  • They will work to a pre-agreed budget and timetable.
  • You will get access to skilled people with a wide range of experience.
  • They will be up-to-date with recent learning about what works on the web.

Cons

  • They will also be working for other clients.
  • It may take time for them to understand your business.

Whichever route you take, an understanding of the basics of good site design and construction will be invaluable to you. A website that is quick to download and simple to navigate around encourages visitors to return. So does one that is logical in its organisation and structure. Some web developers talk about adhering to a ‘3-click’ rule, for instance, which means that a visitor should be able to get anywhere they want on your site with just three clicks of their mouse.

A few design basics

  • Read up on website usability to help you design a site that is easy for your customers to move around and find what they are looking for.
  • Be consistent within your own website. This will help to make it distinctive. You could use the same typefaces, fonts, heading styles, colours and backgrounds throughout the site. Many companies place their logo in the same place on every page.
  • Using the same navigation devices across the website not only reinforces your site’s identity, but also quickly familiarises a novice Internet user with how to get around.
  • Use ‘signposts’ (orientating information) on every page. Remember that if your visitor arrives via a search engine they may well enter the site at the page most relevant to them and not your homepage.
  • Remember that pictures will enhance the look of your site but will make a page slower to download. The larger an image file is, the longer it will take for the page to arrive.

Useful hints and tips

  • Always bear in mind that recognising customer needs is more important than understanding technology.
  • Your Internet strategy should fit in with your overall company strategy.
  • Ask yourself what you are trying to achieve with your website. Determine your goals and objectives.
  • A website isn’t just about selling goods online – it can save you time and money.
  • Take time to decide if you need professional help to design and build your site.
  • Structure your site according to the kind of information you are delivering.
  • Check you have correctly categorised your site content – it is more important to be clear than to sound clever.
  • Constantly updated sites encourage repeat visits.
  • Expectations of the Internet remain high, and you must be able to deliver on your promises.

Useful contacts

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