A Step by Step eCommerce Personalization guide2019 - PowerPoint PPT Presentation

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A Step by Step eCommerce Personalization guide2019

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Have you been tasked with implementing personalization for your business in 2019? this guide will help you to personalize your eCommerce store to get better sales and revenue. – PowerPoint PPT presentation

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Title: A Step by Step eCommerce Personalization guide2019


1
Ecommerce Personalization Guide 2019
2

Why You Need to Personalize Experiences
  • Consumers expectations have shifted to the point
    that people expect a personal digital experience
    that mirrors the typical level of personalization
    they receive offline.
  • According to Accenture, nearly 40 of shoppers
    have left a store to buy from another site
    because they were overwhelmed with too many
    options.
  • Even if they don't leave, almost 75 of your
    potential customers will be frustrated with
    irrelevant content or products that are not
    specific to them.
  • It is your responsibility to help your site
    visitors find the right products. If you dont,
    your customers will move onto the next store.
  • The solution is eCommerce Personalization.

3
What Real eCommerce personalization Is
  • Personalization is the real-time customization of
    a customers buying journey.
  • Unfortunately, many marketers execute the low
    hanging fruit and feel that theyre done. In
    reality, most are just hitting the tip of the
    iceberg.
  • There are unlimited ways you can personalize your
    store.

4
Types of eCommerce Personalization
  • By going over the major types of eCommerce
    personalization, you can begin understanding all
    the ways you can optimize your customer's journey
    - from when they first hit your site to after
    sales service. Different types of eCommerce
    personalization are as follows
  • Website Personalization
  • Types of website personalization
  • Offers
  • Inline Content
  • Pop-ups

5
  • Personalized product recommendations
  • Types of personalized product recommendations
  • Best sellers
  • You might also like
  • Cross selling
  • Personalized social proof notifications
  • Types of personalized social proof notifications
  • Reviews and testimonials
  • Follow the heard
  • Urgency
  • Personalized triggered emails
  • Types of personalized triggered emails
  • Demographic personalization
  • Session personalization
  • Recommendation personalization

6
Website personalization
  • Website Personalization is the process of
    creating customized experiences for visitors to a
    website. Rather than providing a single, broad
    experience, website personalization allows
    companies to present visitors with unique
    experiences tailored to their needs and desires.
    Personalization is by no means a new concept.
  • Types of Website Personalization
  • As personalization has exploded in popularity, so
    has the number of tactics that technology
    enables.
  • Today, you can personalize virtually any aspect
    of your website. However, these are the most
    essential pieces in terms of impact.

7
  • Offers
  • Offers are the single most important aspect of
    your site to personalize.
  • You can customize the product itself, the price
    shown, impose time limits, or change the
    supporting copy and visuals supporting the offer.

8
  • Inline Content
  • After you've personalized your offer, you should
    focus on how you are educating and motivating
    your prospects while they are on the site.
  • Personalize the content that is presented in
    front of your customers. You can change which
    featured products are shown, blog posts,
    downloadable assets, or hero images on any page.

9
  • Pop-Ups
  • Pop-Ups represent a "second net" or opportunity
    to progress your prospects when they are about to
    leave.
  • If your site leverages pop-ups, you should
    optimize conversions by personalizing both the
    content and offer. All types of pop-ups can be
    personalized including browse abandonment,
    on-click, timed, on-scroll, and any other type.

10
Personalized Product Recommendations
  • Today product recommendations are common.
  • However, some retailers are leveraging
    personalized product recommendations much more
    effectively than others.
  • When used correctly, product recommendations
    increase the average number of items in the cart
    by 68.14 and increase conversion rates by an
    incredible 320.
  • Types of personalized Product Recommendations
  • Product recommendation templates have proven to
    be more effective than others. Some technology
    platforms, like Barilliance, allow you to place
    these recommendations anywhere on your site or
    within your email communication.

11
  • Best Sellers
  • Best Seller recommendations are great when you do
    not know a lot about your prospect. It gives you
    the best chance of suggesting something that fits
    their particular needs.
  • However, it is after you collect more information
    about your prospect that this type of suggestion
    becomes powerful.
  • Personalized "best seller" recommendation widgets
    perform twice as effective as those that are not
    personalized.

12
  • You Might Also Like
  • Items are based on currently viewed items.
  • You should personalize the recommendations based
    on other website behavior or past purchases and
    determine if you should upsell by displaying
    higher-end alternatives or downsell and display
    lower priced products.

13
  • Cross Selling
  • This tactic shifts from suggesting similar
    products to complimentary ones.
  • By offering complementary products you can
    increase AOV by educating the customer on how to
    make their current selection better in some way.
  • These recommendations help the customer navigate
    through your catalogue.
  • You should consider this type of personalization
    when you product list is large.

14
Personalized Social Proof Notifications
  • This is one of the newer ways to personalize your
    eCommerce site. Brands are leveraging this
    technology to provide relevant, contextual
    information about themselves, or the products
    they are viewing.
  • Types of personalized social notifications
  • Retailers have already pioneered a number of
    effective ways to use social notifications to
    increase sales.
  • Reviews Testimonials - Present testimonials in
    a chat window about the the currently viewed
    product.
  • Follow The Heard- Give customers confidence in
    your store by letting them know how many other
    are taking a similar action.
  • Urgency - Live notifications can be a powerful
    tool to combat cart abandonment. Let customers
    know which products are at risk of being sold out
    or how many customer's currently have the product
    in their cart.

15
Personalized Triggered Emails
  • Email remains the most essential communication
    channel, and personalizing your correspondence
    will multiply your results. You can see all
    triggered email stats in this study.
  • A "triggered email" is sent based on some sort of
    user action. The most common type of triggered
    email is a cart recovery email, which is sent
    when a customer places an item in their cart but
    leaves without completing their purchase.
  • Types of personalizations for triggered emails
  • We've written extensively on triggered and cart
    abandonment emails before.
  • However, it is worth noting some of the most
    common ways you can personalize triggered emails.

16
Personalized Triggered Emails
  • Demographic personalizations
  • The most common types of personalizations for
    triggered emails are demographic.
  • Dynamically inserting a prospect's name in the
    subject line is a common tactic to call out
    attention in the sea of emails.
  • Session personalizations
  • The next most common type of personalizations are
    session based.
  • Common tactics include inserting products' names,
    images, and dates into the subject line or body
    of the email.
  • Recommendation personalizations
  • The next most common type of personalizations are
    session based.
  • Common tactics include inserting products' names,
    images, and dates into the subject line or body
    of the email.
  • These personalization tactics ensure that your
    email is relevant, following up on known wants of
    your prospect.

17
Next Steps
  • Now is the time to begin scoping out your own
    personalization strategy.
  • Define Your Goal - What do you want to accomplish
    with personalization? How will you know you are
    successful?
  • Determine Capabilities - Your goal will determine
    which eCommerce personalization strategy you want
    to start with.
  • Select a Personalization Partner - Finally, you
    need to select a technology partner that will
    empower you to accomplish your goals.
  • We've put together a clear, step by step
    worksheet to help you select the best
    personalization vendor for your needs.

18
Thanks!
  • Skyrocket your eCommerce Business with
    Personalization
  • _at_WigzoTech
  • info_at_wigzo.com
  • https//www.wigzo.com/
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