Remember the days you could stroll into a department store and walk the aisles? Those days might soon be over.
According to research conducted by GetApp Labs, we are witnessing a major shift towards online shopping. The study surveyed 200 US retailers with inferred annual income of $24,000-$150,000. The key question posed by the researchers was, “Do you plan to abandon brick-and-mortar stores in favor of online or web-based retail in the next 10 years?”
Over 66% of participants agreed, answering either “likely” or “extremely likely.” One-sixth of the respondents maintained that they would hold on to their physical store locations for as long as they are still profitable. Is sticking with the traditional model a rational choice, or simply resistance to change?
Continue reading “Retail Apocalypse: Will Offline Shopping Become Extinct in the Next 10 Years?”
Better functionality, easier control — this is the last years eCommerce main trend. eCommerce is being simplified to avoid unnecessary staff costs when you have to hire developers to run and support your e-store. Now one person is enough, and it can be you. You don’t even need any HTML skills.
Zoey is one of the CMSs that can be run by an eCommerce newcomer with no web designer or front-end web developer skills. All that ease-of-use doesn’t mean you’re looking at another “Pssst! Primitive tools for a sketchy website. Hosting for free!” deal. Zoey is a professional system both inside and outside. Let’s prove it.
Continue reading “Point of Attention: Zoey eCommerce Platform”
What do internet memes, pop hits and goods for babies and kids have in common? You guessed right if the thought was “they become obsolete in a month or two”. Funnily enough, the goods manage to beat hits and memes at that.
Kid’s age defines everything you buy (for that kid of course): clothes, shoes, toys, food, everything. Babies and toddlers develop so rapidly, there is a chance you won’t believe it’s your child when you wake up the next morning. A blink of an eye, and the new crawlers are rendered old and small. Blink again, and baby blocks are not her favorite game anymore and she’s asking for the latest Monster High dolls. Another blink, and it’s school time, and you’re shopping for a school bag, new cool jeans and a pair of Monster Beats.
Continue reading “What is Progressive Personalization in Baby & Kids Stores?”
Customers abandoning their carts, leaving your store? Reasons may vary, but the fact remains: Baymard Institute’s research shows almost 70% of all carts get abandoned.
Does it mean you have to reconcile to it and keep losing profit? Nobody will judge you for it…but why? When there are simple and effective remarketing tools for recovering lost carts along with those customers? Let us show you the main three—email marketing, web push notifications and dynamic display ads—along with the real use cases, and let you have a change in opinion.
Before we start with the combating techniques, a word of advice to help you nip the problem in the bud.
Continue reading “Cart Abandonment? Tools to Fix, Cases to Use”
Today, we are going to talk about “personalized product recommendations” technology, give you an overview of the technology, and discuss key elements, supported by examples.
If you are dealing with the personalized product recommendations software for the first time, it may look complicated but in fact, software is purely based on consumer behaviors. The tool works by gathering data about your consumer and analyzing their browsing and buying behavior patterns.
For instance, imagine that somebody visits your online store for the first time, and suddenly spots products on your main page, which they were looking for earlier the same day. It means that visitor was already looking for that product configuration across Internet, and now he visits your Ecommerce website, where exact product category appears to him in your sales catalog. Same thing happens if somebody browsed through a specific category, like “Running shoes” in your store, the software will automatically generate a list of most popular running shoes models available in your store.
Continue reading “+24% Sales: How Progressive Personalization Works in eСommerce”
All of you have seen REES46 Unified Dashboard. We managed to put together the key performance indicators, graphs, and stats, and arrange them on a single panel. Now, instead of juggling 25 opened tabs while trying to check the CTR of your email campaign, results of your traffic analysis or performance of any other marketing tool, you just keep opened one – REES46 Dashboard. It has it all.
Today’s post is devoted to our Dashboard, its widgets and the most important eCommerce KPIs. Read our guide to precise and efficient control.
A teaser to keep you reading:
Continue reading “Complete Guide to REES46 Unified Dashboard”
The name of this retail segment is self-explanatory – “Fast Moving Consumer Goods” implies frequent and regular purchasing. A customer is bound to come back for more and often sticks to a stable shopping schedule.
It gives FMCG stores an outstanding opportunity to develop a sustainable sales flow. Reactivate your customers monthly, keep the sales flow at a stable level – sounds easy. Is it also that easy in reality?
Continue reading “Direct Benefits of Progressive Personalization for FMCG Stores”
First, a little about personalized product recommendations. Those, who already know what we are talking about, can skip to the next point.
So, what does it look like? Imagine, somebody visits your online store and notices on the main page products of interest to that person. Your visitor may have read marketing or tech reviews on the newest MacBook model and now sees different configurations of that model in your catalog. The same happens if somebody browsed through the category “Running Shoes” in your store — this visitor is shown popular models of the running shoes you sell.
Continue reading “+24% Sales: What Is Progressive Personalization in Online Retail?”
Despite its rich history some online stores still don’t use remarketing. There is a reasonable explanation for that – they just don’t know how it works. Hence they don’t know why they need it. Let’s hit that topic and answer the essential questions while showing you why exactly proper remarketing tools are vital for one of the most important KPIs in eCommerce – LTV.
Continue reading “Remarketing: If Internet Ads Were Salesmen”
In this digital world of constant competition, everybody is used to the dumping: all retailers, top or small, your direct competitors, your customers. You think this tactic gives you more sales, more clients, a stable niche but you’re betting on the wrong horse playing “by the price.” “Why?” – you’re asking? Today you’ll see the fundamental flaw of this approach and learn why this tactic has the power to give your online store no competitive edge at all.
Continue reading “Value over Price. Negative Impact of Lower Prices”