clickcameras said:
Thank you for your kind comments. What would you deem an e-commerce bandwagon? From a customer's perspective, would you regard a site such as Jessops / Park Cameras / DD Electronics to be reliable, and the first place you will buy cameras from?
I've thought about that over numerous occasions and being a girl, I purchase almost all my clothes online, but I think that for a big-ticket item, I would much rather go to a store to touch and feel before I make my purchase. Plus, the added uncertainty of the online arena stemming from situations such as the closure of Jessops and the disappearance of DD Electronics has led many to feel unsafe when purchasing cameras online.
With that being said, Click! has two physical retail stores, and is also the co-owner of all three Leica stores in Singapore. If we were to create an online portal, would you (as a customer) have more confidence in purchasing from our would-be online site? If so, would there even be a difference from ordering online through a shopping cart and sending a PM to me directly to reserve the Leica M? Would you much prefer the personal touch I can offer you here or on Facebook, as opposed to a cold, computerised process of purchasing a camera / lens through an automated shopping cart?
I'd like to hear everyone's thoughts
Lynn
Good to have a real life proprietor discussing this with the online community, existing customers and would be customers alike. On this subject, my personal opinion could be very different from many here. But I guess I represent a portion of the public under certain age group, profile, etc.
Before delving into details, I am very sure you or your business partners have done sufficient due diligence on this. Yet, a tangible feedback from online community is sort after. Perhaps it indicates your reservation about your due diligence. Or perhaps are just trying to cover all bases. My personal opinion is, brick and mortar model for a middle to upper big ticket item will always be safe. After all, who wouldn't want to touch and feel what they buy before committing to it? Especially when it cost some people's few months salary... In the case of Leica cameras. I believe Jessop themselves probably thought about the same thing. But, since it is considered a big ticket item, buyers will be more careful about finding the best deal in the market. In today's context, buyers will be going to the physical shop to touch and feel the real thing. While shopping online for the best deal. Of course the best case scenario for all buyers would be, physical shops matching the best price they can find online or overseas (incl shipping). However, if buyers can't, the trade off would be what is the difference in price between brick & mortar compared to the best price available online. If the difference is large enough, the online option will be more attractive. Otherwise, most buyers will almost always buy from a physical shop and bring home their goods after paying for it.
A physical shop with expensive retail space to pay for, and high overheads for trained sales staff to man the stores, will never be able to match the pricing of online stores. In order to fend off pure online competition eg. eBay, Amazon, (both reputable traders) not to mention many more from US, I believe a hybrid model is best. Maintaining a physical store to serve customers who prefer this option, but limit it to cheaper location (saving rental cost), but keep a high profile presence online thru advertising and serve new breed of customers who prefers to buy things online (the next generation will know how to shop better online than going to the actual mall). Meantime, be very aggressive in online marketing, e.g. Place your ads in google, Facebook, twitter, yahoo, clubsnap, dpreview, or any conceivable website, blogs, which channel traffic to your e-store.
Design of your website must be first rate. Regularly updated with latest news, updates, launch dates, etc. Sophisticated database system for customer order of every single item available in your inventory e,g. Lens, filters, tripod, bags, accessories, etc. must be available. More importantly, database to maintain your customer profile, to keep them updated with new stuff, etc.
The last thing you should worry about is competitors knowing your pricing. Because they will know eventually. In the Internet world, every information is published on twitter, and forums almost immediately. Being transparent is very important and your customers will appreciate it. Therefore maintain competitive pricing is key to this market. And for some who don't mind paying more, good customer service is the ultimate guarantee for return customers.
Good luck!