The Online Shoppers Magazine Volume 3

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And every new product, tool, technology and strategy that enters the market hits a crux during Cyber Five. Do these strategies actually work under the height of industry traffic, sales and scrutiny? Google Shopping and PLAs. And you all well understand economics In , one thing is guaranteed, Facebook Ad inventory will go up in cost. Facebook has made a lot of ecommerce owners into millionaires, but now big brands are realizing the power of Facebook and the cost is going up. Brands like that are considered early stage, high-growth ecommerce companies.

Allocating funds appropriately to sustain and accelerate growth without losing it all. Here are the top 19 ecommerce trends and growth strategies recommended by Internet Retailer brands and the experts that advise them, in order of priority. This is your ultimate checklist for what you should be focusing on, in order of priority, for Localization is a segment of personalization, and all personalization aims at bettering the customer experience. Providing exceptional customer service, fast shipping, low prices, an easy-to-navigate site. In , though, personalization and localization are being added to that mix.

This is because easy-to-navigate websites, fast shipping and transparent pricing are already the norm. Now, brands must look to new tactics to make their customer experience a differentiator. Personalization in ecommerce often refers to personalized merchandising. When personalizing a site experience, brands use a variety of known customer data points to serve contextually relevant content and products. Using data points like the above, site pages will be altered to best serve and convert the individual consumer.

Localization is a form of personalization in which the IP address of a customer alters site content to provide for more contextual merchandising and content. Here are a few guides you can use to learn about personalization, localization and on-site merchandising to increase your customer experience. Here are how 3 brands currently optimized their customer experience using a variety of personalization tactics. Customers can build their own bat, including material, color and even initial customization. You can use a combination of out-of-the-box personalization tools and additional applications to turn your product pages into landing pages i.

They use the Personalized Recommendation App by Beeketing. Create an educational survey to lead consumers further down your funnel, as well as collect additional information. CRM stands for customer relationship management. Because how effectively you speak to your customer, solve their issue and get them to the cart directly affects engagement, conversion and your bottom line. Establish a single customer system of record. Get a head start in improving your customer engagement via community and CRM. Here are the best guides to walk you through each aspect.

Now is a great time to starting thinking about chatbots. The very first step to ensuring your customers engage with your brand is to ensure they can SEE that they can engage with your brand. Olive Ave uses subtle but clear on-site messaging to alert customers to a variety of customer engagement tools, including:. See how they did it below. Mountain Crest Gardens is, in my professional opinion, light years ahead of most ecommerce brands in terms of customer engagement. They used a tool — Rivet Works — to collect not just customer reviews, but customer photos of their products being used.

Many brands with philanthropic missions, like Shongolulu, encourage customers to become brand ambassadors —— sharing the message with the world.

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It Can Be That Easy. Turn yourself and your employees into personalities. Nor is it one you can just ignore. Most ecommerce brands optimize for long-tail, at least at first. Getting high ranking for short-tail keywords is hard. Bigger brands typically win here because of their Domain Authority, which takes into account:. On-site content to draw in customers in times other than a purchase point is becoming super important for LTV increase without large marketing spend. Optimize your site as it currently is, and get content ideas now from these comprehensive guides.

Content marketing is harder than ever. Jackson Galaxy uses video, clear CTAs, lots of copy and tons of reviews to turn their product pages into an SEO-optimized landing page. BlanksUSA uses campaign pages as landing pages in order to drive long-tail traffic to products easily grouped for a specific customer segment. And what if you just want to make sure your homepage is optimized? Well, be sure you include:. Mobile experience need to be on par with desktop. These wallets allow for one-click purchasing that makes buying on the go less annoying.

Optimize your forms, create mobile-first designs, load pages quickly. Understand how your customers use mobile and optimize. Just use a pop-up like Solo Stove does to help the customer decide where to go next.

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Mobile experience will be key in Mobile traffic has already overtaken desktop traffic, and we are seeing mobile sales approach desktop sales. Retailers with a mobile-first mentality will outperform those that treat mobile as a second priority. This mobile-first mentality applies to everything: Social media advertising, specifically Facebook Advertising, was all the rage in And while many may still be able to do so in , it is likely that the cost is going to go way up.

Social media advertising is a popular channel for ecommerce brands to use to run campaigns, drive traffic and close sales. Facebook Advertising has historically been the most popular social media advertising channel. Good social media advertising and marketing is about 3 things:. Retargeting and Engagement Go Hand in Hand.

Building a culture around your brand will be the only way to compete and thrive in a marketplace that turns everything into a commodity driven by price and reviews. Tommy John uses a gifting video along with a customer testimonial in this re-targeted Facebook Ad. Rollie is an Australian brand that has clearly just launched in the US.

Top 10 Online Shopping Product Fails

They are likely targeting me based on my geographic location and having visited their site before. Nike is using the multiple photo option ad aka, not a video and promoting customized items in the ads. Facebook prioritizes videos and videos help build way more trust then just a regular ad. Videos are so powerful and using Facebook Custom Engagement Audiences you can sequence potential customers who watch 10 seconds of one of your videos to another video. Using Facebook Video Ads combined with Custom Engagement Audiences alone you can sequence potential customers all the way down a video funnel that goes from Awareness to Engagement and then to Conversion.

CRO stands for conversion rate optimization, which you can only do through data-driven optimization and decision making. Conversion rate optimization allows you to run tests to determine which various designs, language, etc. Look for little wins here and there and over the course of the year you will find that you have made it far more likely that a visitor to your website becomes a paying customer. Get more in touch with your market. Regularly get your customers on the phone.

Ask why they choose you.

The 19 Ecommerce Trends + 147 Online Shopping Stats Fueling Sales Growth in 2018

Ask what problems drove them to you in the first place. Ask how they view you compared to competitors. Their answers are literally what should go on your website to connect more deeply with your market and generate more sales. Nothing generates more ideas for how to improve your website than these conversations.

Every brand has to first test their way to success. And the third is to be sure to share your successes and failures with everybody internally. That way, you can be sure you have a staff with a knowledge base. I found a few examples, but none show you side-by-side design comparisons. Last year, conversion was 4.

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This has given us an edge against other clothing brands. I have 30 BigCommerce sites up and the reason I keep coming back is because my development staff and design staff are familiar with the templates and the backend. The cost of entry and cost to scale have dramatically reduced over the years. And because the cost to entry is so low, more people has entered.

And a lot of those people are scaling —— again, because the technology to do so costs so little. Suddenly, marketing to earn your fair share of the market is one of the most important factors to success. My advice for other business owners is this: Rather than tying up time with manual data entry and packaging, focus on things that help your business grow — like marketing, business development, etc.

Let tools and integrations take care of the other elements of the business, and outsource work when you need it. Honestly, InStockAlerts is worth its weight in gold. Suddenly, all my customers wanted to know when a product would be back in stock.

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  • E-commerce statistics for individuals.

Then, I have more sales with no additional time spent. We also use PriceWaiter on our product pages — which lets the buyer name a price. On the backend, we have loaded up all of our pricing rules into the PriceWaiter system. For the other data relating to the e-commerce activities, the reference period was the 12 months prior to the survey, as such activities tend to be irregular and seasonal. The findings of this survey are used for monitoring several EU policies, in particular the Digital Agenda , which is one of the pillars of the Europe strategy which sets objectives for the growth of the European Union by The Digital Agenda proposes to better exploit the potential of Information and Communication Technologies ICTs in order to foster innovation, economic growth and progress.

One of its main objectives is the completion of the Digital Single Market , in which the free movement of persons, services and capital is ensured and where the individuals and businesses can seamlessly access and exercise online activities under conditions of fair competition, and a high level of consumer and personal data protection, irrespective of their nationality or place of residence. The completion of the Digital Single Market is currently one of the political priorities of the European Commission. It covers three areas: At the end of the European Commission published a framework called Monitoring the Digital Economy and Society — This document describes the main policy developments and outlines the main data requirements to monitor European digital policies, information and communication technologies as well as their impact on the economy and society in the period It reviews existing data sources and lists new areas and data sources to be made use of in the future.

Tools What links here Special pages. Data extracted in December Internet users who bought or ordered goods or services for private use in the previous 12 months by age group, EU General overview Almost 7 out of ten internet users in the 12 months prior to the survey hereafter referred as "internet users" made online purchases in the same period. Data sources The data in this article are based on the results of annual surveys on ICT usage in households and by individuals.

Source data for tables and graphs E-commerce statistics for individuals - graphs and tables.

E-commerce statistics for individuals - Statistics Explained

Context The findings of this survey are used for monitoring several EU policies, in particular the Digital Agenda , which is one of the pillars of the Europe strategy which sets objectives for the growth of the European Union by See also All articles on Digital economy and society. Main tables Digital economy and society.

Database Digital economy and society. Dedicated section Digital economy and society. Data visualisations Regional Statistics Illustrated. Legislation Digital economy and society legislation. Retrieved from " https: E-business Digital economy and society Digital economy and society - households Statistical article. This page was last modified on 27 April , at