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SALES CONVERSION RATE IN E-COMMERCE SHOPEE: CASE FROM BDG PROJECT STORE

5. DISCUSSION

5.1 BUSINESS SOLUTION ALTERNATIVE RESUME

The following is a summary of business solutions that can be used as an option for FBP to use in resolving its business issues.

5.1.1 IMPROVED SHOPEE PRODUCT PAGE VIEWS

Based on the analysis of the respondent’s answers, the following Table 1 is a business solution that can be applied by FBP by improving the information seen by Shopee user-product visitors on the product page.

Table 1 Improved Shopee Product Page Views Info in Product

Page Current Condition New Solution

Product Photo

Photo professional from supplier with white background

Use real picture that show product clearly with natural background as main photo product

Another photos product

only use real picture Another photos product use professional photo and real picture from customer review

Product Title Full length title 100

character Short, simple, and to the point title with SEO Shopee

Product Price

Product pricing:

competitive price with added value but not the cheapest

Cheapest product price

Not the cheapest, but still affordable and around average market price

Price range: IDR 2,500 – 24,900

Selling new products with a price range of IDR 50,000 - 250,000 according to the data on the average price of one product purchased online at Shopee so that the shipping cost is not higher than the price of the item

Selling new products with prices above IDR 22,000 to exceed the national average shipping cost because many consumers do not want to buy products that are cheaper than the shipping cost

Selling new products at a price above the minimum shopping requirements for free shipping because many consumers don’t want to buy a product if they can’t use a free shipping cost voucher

Product Rating Different depending on the product, range rating 4.7 - 5.0

Maintain a minimum rating of 4.5 and increased the product ratings from 4.7-4.8 become 5.0 by improving service and ensuring good product quality

Product Sold Different depending on the product, range 71pcs – 14,300pcs sold

Increased the number of product sold that below 999pcs become more than 1,000pcs sold

Shipping Cost Join Gratis Ongkir XTRA

program Continue to join XTRA Free Shipping program to meet consumer desires

E x p e d i t i o n

Option Only J&T Express expeditions available

Open Gojek & Grab instant courier options so that delivery will arrive on the same day

Opening a cargo type expedition such as JNE Trucking (JTR) so that the shipping costs for wholesale purchases are cheap Opened expeditions at low prices and participated in free shipping cost programs, namely SiCepat Halu and Ninja Express

Open all expedition options so that consumers can choose an expedition that is trusted and available in their city COD Payment

Method COD payment method

options are available Continue the availability of the COD payment method to meet consumer desires

Store Rating 4.84 / 5.00 Maintain a minimum rating of 4.5 and Increased the store ratings from 4.84 become 5.0 by evaluating the rating of each product

Percentage of

chats replied 97% Keeping the percentage of chats replied at least 95% and increased become 100% with shifting admin 24 hours

Seller Location Only in one city, Bandung

Adding warehouse branches to Jakarta to expand the market to the JABODETABEK area

Added a warehouse branch to Surabaya to be closer to buyers in Eastern Indonesia

Adding warehouse branches on every island so that the shipping costs are cheap and get to consumers quickly Adding warehouse branches in every major city in Indonesia so that the shipping costs are cheap and reach consumers quickly

P r o d u c t

Description There are still limited results from other sellers

Ensure that there are at least three pieces of information, namely product specifications, explanation of product specifications and information about the availability of product stock

Written Review Not asking consumers to review

Provide discount vouchers to consumers who provide positive reviews

Give a giveaway in the form of a raffle prize to buyers who provide positive reviews

Photo Product Review

Not reply to all negative reviews

Reply to negative reviews with a confirmation statement and contact the buyer to resolve the problem and ask for a change to a positive review

Not asking consumers to upload product photos in reviews

Ask consumers to provide reviews using product photos from consumers

Send real pictures of products that will be sent to consumers so that the photos can be used by consumers to write reviews

Star Seller Badge Have a Star Seller badge Maintain the Star Seller title Cashback XTRA

Badge

There is no Cashback XTRA badge because not joining the program

Join the Cashback XTRA program by paying an additional 2%

admin fee

Do not join the Cashback XTRA program and do not need to pay admin fees

5.1.2 FOLLOW UP POTENTIAL BUYER

Based on the respondent answer about reasons for not making a purchase, FBP can follow up potential buyers to purchase by understanding the type of potential buyer and how to treat them. The following Table 2 is a strategy that can be applied by FBP to increase the sales conversion rate by maximizing potential buyers.

Table 2 Follow Up Potential Buyer

Type Potential Buyer Data Findings Business Solution Added product to cart, but

have’nt checkout

Customer list in broadcast chat payment reminder at Shopee sell- er center sub-buyer management

Broadcast chat special free shipping cost or discount voucher

Checked out product but

have’nt made a payment Shopee seller center in the order section -> my order -> unpaid

Personal chat to reminders payment.

First chat at first hour order created to confirm order receipt and second chat at last 3 hours payment to offering special additional gift.

Checked out product but did’nt make payment until deadline

Shopee seller center in the order section -> my order -> cancellation (canceled automatically by the system)

Personal chat to ask about reason can- celed order and offering special addition- al gift to create new order

For visitors who have added FBP products to their cart and have not checked out, FBP can use the buyer management feature in the seller centre to broadcast chat to consumers who have FBP products in their basket.

FBP can provide exclusive vouchers in the form of a discount or free shipping in its broadcast chat to increase checkout desires. For potential buyers in the way of visitors who have checked out the product and have not made a payment or have not made a payment until the 1x24 hour deadline, FBP can remind the payment via chat to the user. How to see a list of users can open a seller centre in the order section -> my order -> unpaid and cancellation (cancelled automatically by the system). Chat reminders can add additional gift offers if you make a payment on the same day or confirm that the goods will be shipped immediately if you make a payment before cut off packing.

5.2 CONCLUSSION

After distributing questionnaires and analyzing answers from the respondent, the low of FBP sales conversion rate is concluded from two leading causes, first is the habit of Shopee users who open products without buying intent or delaying the purchase and second is information on FBP product pages that is not convincing so that visitors do not buy products at FBP.

FBP Visitor who did not want to buy the product, its potential could not be maximized so that the sales conversion rate would not be able to reach 100%. The habit of Indonesian consumers who often walk to the mall without shopping turns out to be in online media, which is only looking at products at Shopee for fun. For FBP visitors who postpone product purchases and have put the product in the shopping basket, this can be maximized through consumer follow-up, which is included in potential buyer data.

To maximize FBP visitors who intend to buy a product, but do not shop because the information on the FBP product page is inconclusive, new strategies will be implemented to improve it. As a solution to increasing the sales conversion rate, two business solutions will be carried out, improving the appearance of the FBP product page on Shopee and following up potential buyers through the features available on Shopee.

5.3 LIMITATION

Based on the explanation above, this research focuses on strategies to solve FBP problems about the low of sales conversion rate. On the other hand, human resources, finance, operations aspects are not included in aspects that will be focused more deeply. This research will be for July 2020 based on data from January 2019 to June 2020.

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PROPOSED NEW MARKETING MIX STRATEGY

Dalam dokumen ISCLO-2020-Proceeding.pdf - IBS Repository (Halaman 32-37)