How Web Design Affects the Value of Your Online Business
Your
company’s website shapes so much of how you do business. It’s often a source of
new leads, and it’s a fantastic way to interact with and engage existingcustomers so that you can build trust and loyalty. Because of this, it should
come as no surprise that the design you choose for your website can have a
tremendous impact on your online business, and as such, it can greatly affect
its value.
Let’s
take a look at some of the ways in which web design affects online business
value.
Customer experience
Back
in the old days, customer experience dealt with the way people felt when they
came into your store. But nowadays, customer experience goes well beyond just
how people feel in the store. It’s gone digital, and your web design will
greatly impact customers’ perceptions of you and their subsequent choice as to
whether or not they would like to do business with you.
In
terms of design, one of the most important things to consider is matching your
design with customer expectations. Every online business is a little different,
and each one makes money in a certain way.
Sites
reviewing products will have a different design than sites selling their own.
Intuitive
design makes it easier for visitors to navigate the site, increasing their
chances of finding something they like, and it also will sway their attitude
towards you in a favorable direction, upping the odds they’ll put something in
their cart and click “checkout.”
These
experiences build up over time, helping to create a favorable image of your
company. This is not something that can be created overnight, yet it’s
something that adds great value to your company.
SEO
Building
on this, web design is crucial for SEO strategies. For those who don’t know,
SEO (search engine optimization) is the process of setting up your site and its
content so that your pages show up at the top of SERPs (search engine results
pages). For a long time, most people only focused on content. Keywords and
links were the most important things.
This
has changed. Things such as “Bounce Rate” and “Time on Page” have become very
important in determining SEO rankings.
Obviously,
content plays an important role here, but don’t discount design. We’ve all
visited sites that look unprofessional or are hard to navigate; we tend to turn
away from them. Think of design as your chance to make a good first impression.
If you make a good one, people are more likely to want to stick around.
Branding
In
today’s incredibly competitive marketplace, it’s essential you find a way to
distinguish yourself from the crowd. It’s impossible to always be competing on
price since new entrants into the market, or bigger players with more pricing
flexibility, will always be around to undercut you. The answer to this: strong
branding.
Having
an easily-recognizable and clearly-understood brand is a great way to get
yourself to stand out. If people know what you are about, and they know what it
means to do business with you, they will be more likely to engage with you
again.
Web
design plays a huge role in conveying this message to people. Quality design
shows a certain level of professionalism that people want to see, especially in
the online marketplace where user experience has a direct effect on whether or
not people decide to shop online.
But
design also helps convey more specific aspects of your brand. You can tell just
by looking at a site if the company is geared towards high-end consumers,
business professionals, younger people and so on. The images, fonts,
interfaces, etc. all factor into this. Of course, content plays a big role too,
but good content with bad design is actually bad content.
Strongbranding does wonders for the value of your company, as well. It makes it
easier to make predictions about future sales growth. If and when the time does
come to sell your business, you can use your brand strength as a bargaining
chip to get better offers. And your design choices will affect branding right
from the beginning.
Sales
Businesses
with good sales numbers are worth more, obviously. So, the better you do at
maintaining current sales numbers while also driving growth, the more valuable
your business will be.
Websitedesign that displays products in a visually appealing way will ultimately do
better. Plus, there are ways in which you can guide people towards making
further purchases. For example, including an “other customers also viewed.”
section is a great way to encourage further sales.
Also,
an easy to use and interactive sales cart makes people feel more comfortable,
enhancing their experience. Design matters in the sales process, and the better
you do in sales, the more valuable your company will be.
Final thoughts
Hopefully,
any doubts that you may have had about the role web design plays in determining
the value of your business have been squashed. This shouldn’t come as a
tremendous surprise—people have been studying design for decades—but as the
business world moves online, it’s important to highlight just how relevant it
is for online businesses. Selling short on web design is setting your business
up to under perform, and no one wants that.
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