20 Best Marketing Analytics Tools In 2022

When it comes to marketing, there’s no room for guesswork. Every eCommerce merchant needs marketing analytics tools that keep track of website visits, product reviews, conversions, paid marketing campaigns, and events to stay up-to-date with all the essential information of your e-commerce business, and you can constantly look to improve your campaigns. Luckily, there are a ton of great marketing analytics tools out there that can help you do just that. In this post, we’ll share our picks for the 20 best marketing analytics tools for 2022. So, whether you’re just starting out in marketing or you’re looking to take your campaigns to the next level, these tools will help you get there. 

Why Do You Need Marketing Analytics Tools?

Marketing analytics tools allow eCommerce business designers or analysts to process different types of data related to the company’s economic indicators like profits, losses, sales turnover, etc. These software-based solutions simplify the information processing and provide users with the requested results.

Indeed, these tools are helpful platforms that monitor key information sources and form relevant detailed reports. These deliverables facilitate your business planning proceedings, including:

  • forecasting risk assessment and development strategies or plans,
  • an effective approach to finding out the company’s sales optimization vision,
  • productive ways for the company to make scaling decisions.

eCommerce merchants should focus on particular data categories subject to marketing analysis manipulations to fulfill all those actions. So, analytics tools, designed for digital marketing information breakdown, observe primary statistic data:

  • Website visitor data. Each visitor could be asked to subscribe to your specific offers or accept cookies. Such actions are a starting point to gathering essential information showing the online store hosting ups and downs and its popularity, influencing random visitors to become regular clients.
  • Customer touchpoints and event data. Your branded eCommerce products or services, usually disseminated via different ad channels, collect many valuable, informative insights to make your business customer-centric. The same could refer to your advertising campaigns, promo sales, or thematic events.
  • Paid campaign performance data. When your advertisement campaigns, especially paid ones, connected with marketing analytics platforms cover a broad share of information channels, social media, etc, you will receive detailed reports about their efficiency related to product sales indicators.
  • Customer purchase data. Purchase-related information helps to assess sales trends and improve post-purchase services in order to enhance the company’s brand status.
  • Email marketing data. eCommerce promotion activities are hard to imagine without marketing communication means like personal emailing. Reminder notifications, unique offers and scheduled questionnaire messages are major marketing information sources to reach a company’s target audience and draft options to stimulate them to make more significant purchases.

What Are Different Types of Marketing Analytics?

eCommerce business is a complicated amalgam of different types of data sources. To manage information flows and capture required figures, you need a professional and highly experienced marketing research team or specialized software solutions to simplify the analytics activities.

Marketing designers and data analysts determine five critical types of marketing analytics:

  • web analytics to examine customer activity on your online store,
  • social media analytics to collect data about viewers’ reactions to ads and various promotional campaigns,
  • lead generation and attribution to perform analytical forecast and compare B2C marketing interactions at each step of promotional activities,
  • SEO analytics to check content marketing aspects, 
  • email marketing analytics to evaluate emailing distributions, and sales indicators resulting from such operations.

That division allows us to split vast amounts of information and investigate the exact elements for a more clarified picture of business development status.

Before deciding what platform is perfect for marketing analytics services, we should distinguish different types of marketing analytics such a platform is expected to collect and successfully process.

Any digital marketer knows that an eCommerce brand would be deemed successful and profitable if all five types of online commercial business work in unison. Making parallels with major business profit impacts, we may agree that customers, their demands and requirements, are boosters for our business progress. So, attracting a wider audience is a task for marketing analytics.

Indeed, marketing researchers diversify the main information sources such as your website searching opportunities, social media promotions, paid marketing events, communication attributes, content management, and direct or random emailing. These items should be evaluated in complexity to visualize the comprehensive picture of business growth and failures. Fortunately, marketing analytics platforms have enough tools to find gaps and weaknesses which restrict your business and make it less attractive in comparison with competitors.

Understanding all aspects of the products’ popularity will surely be provided by the detailed reports and graphical findings generated by professional tools.

Web analytics

Web analytics is a primary marketing analytics type that provides reliable data about your customers and other visitors who click some of your product pages. In practice, the trivial channel for eCommerce business activities is a web resource. So, it is pretty obvious to expect the majority of customers to be concentrated in your online store.

To find customer data by analyzing your website, you can collect bounce rates, unique users, user sessions, and on-site search queries. The tracked information is your answer to when you should integrate the platform to optimize traffic and sales.

Social media marketing analytics

Social media activities are essential to attract a broad audience and boost sales. However, to achieve that goal, you should measure your social channels per visitors, reactions, feedback, etc. All these factors directly influence your business sales and profits.

Experienced digital analysts should permanently track social media events and ads to analyze product promotion and progress. However, social media is a global source of information. Therefore, marketing analytics software that is easily integrated with Facebook, Instagram, and other platforms will sum up data flows and generate quick reports. 

Lead generation and attribution

Attribution is a method for interaction between your business and clients. This type of analytics activity could qualify as the simplest one because they refer to different forms of conversations like sales or form submissions. In this case, you can collect the field data and assess information from a focus group to sum up the comprehensive situation and make the appropriate decisions.

Lead generation and attribution models are a source of information about credit level to be assigned to marketing channels and customer touchpoints. Overall, all these approaches enable digital marketers to improve their programs for better marketing feedback.

SEO analytics

SEO and content marketing are staples of digital business in 2022. At first glance, SEO analytics may seem to be a simple action. However, creative and client-oriented content will significantly improve your business profit positions.

Managing keywords, tracking global trends, and targeting audience investigation in detail are primary measures any digital marketer should take.

Also, marketing analytics tools could assess the features of your partners and counterparts’ content to find ways to defer your organic web performance.

Email marketing analytics

Emailing is a communication tool that shows many valuable marketing data. The purposes of sending emails and other forms of notification to your customers are to attract new clients, remind them about your business offers, and present unique propositions that enhance interaction activities between business and their target audience.

To leverage successful emailing campaigns and distribution analysis, you will need specialized tools to collect inputs and detect feedback reactions. Indeed, the findings determine your post-sale services and reliability in the client’s eyes.

Top 20 Marketing Analytics Tools

In terms of eCommerce activities, marketing analysis is a specific process. Your online store is operational 24/7 and services many customers; you need to integrate specialized marketing analytics software to maintain your business successfully. Applying the automatic analytical platforms is a rational decision because they can process different types of information and provide ready-made findings to discover the potential opportunities and scenarios for business growth.

Here we gather popular marketing analytics platforms which could be helpful in 2022 and ready to fulfill all requirements imposed by future eCommerce perspectives. To find your perfect analytical service, you should balance its performance parameters, functional capacities, price, and other benefits applicable to your business progress.

Google Analytics

The free Google-developed marketing analytics solution has basic information sorting and exploring features that make your eCommerce business more successful. This tool easily creates a comprehensive picture of your online store activities as a website. It tracks your website visitors, collects data about their location and journey points, and assesses the time spent by random customers swiping your online galleries, etc. Therefore, Google Analytics is key to providing a detailed report comprising information about your marketing, content, product, and custom modifications.

This Google product, along with Google AdWords and Google Data Studio, could connect your insights with desirable results aimed at your online business prosperity.

Regarding pricing, this tool is entirely free for all types of eCommerce businesses. However, those who wish to receive advanced data elaboration and maintenance support by Google should foresee approximately 100k USD in their annual company budget.

MixPanel

eCommerce success is based on the simplicity and effectiveness of the marketing analytics services. This statement could be deemed the main operation principle for MixPanel.

It is a strong candidate worthy of being enlisted in the top range of marketing analytics tools for eCommerce business in 2022 because of its productive events elaboration.

MixPanel analyzes all events on your website, apps, and products. The provided information shows customer journeys on your online store channels.

Any added event empowers MixPanel to describe to you a full picture of trends, counts, and users who prefer your post. In other words, this platform wants you to create a new event to start analytical activities. 

MixPanel qualifies as marketing analytics software because it owns enough funnels and A/B testing to boost the performance of your mobile apps. Offering many advantages, this platform’s major specialization is pretty narrow. The business designers ascribe it to a product-oriented analysis tool rather than a marketing one.

Cyfe

Cyfe is the king of multitasking analytical activities. This software solution is designed for market researchers who work with several marketing channels, omnichannels, social media, mass media resources, etc. They need to process vast amounts of data and expect to receive quick analytical reports to make effective decisions.

This multi-purpose marketing analytics tool can satisfy all requirements made by its clients. Due to the functional features, it can provide client-branded reports, online statements, user insights, fast setting options, ready-made integration opportunities, etc.

Along with other marketing analytics platforms, Cyfe supports pre-built widgets which simplify a connection to Google Analytics, Google AdWords, and SalesForce accounts.

SEMrush

You might find the most interactive marketing analytics software to be SEMrush. The primary reason for its popularity is the possibility to track your marketing activities and your competitors. 

Information is a lethal weapon in the eCommerce business. So, suppose you can receive the analytical investigations about your keywords used in your marketing campaigns like AdWords, improve SEO tasks, manage the entire cycle of the project implementation process, review domains, links, and other eCommerce visibility channels. In that case, this is half of your business’s success. However, the data findings concerning the same activities as your counterparts will prevent your possible failures and risks of launching weak promotion events or poorly demanded products.

Klipfolio

This solution is an easy-to-use analytics tool designed for relevant digital marketing data of several channels using the ready-made informational panels. The offered patterns save the digital market investigation specialists time and effort by managing multiple channels in one tool. 

Thanks to the opportunity to attract unlimited users, Klipfolio is preferable for marketing agencies that create their information panels and share them with their clients.

The key features of this analytics software are specific administration settings, a reliable model for tracking information from Facebook or Google Analytics, availability for mobile apps, branding options, including logo replacements, a self-servicing platform to edit KPI, etc.

Crowdbooster

This marketing analytics software is a synonym for audience involvement because it allows users to track the ups and downs of representatives of eCommerce business target groups. Social media is an investigation field where Crowdbooster monitors the outcomes of particular marketing campaigns.

This tool forms short reports in real time. This feature is pretty valuable if you wish to observe who shares your content via social media and how many times they do so.

Crowdbooster is a digital helper to improve partnership with your clients, potential and current, and generate creative ideas for enhancing your online media content. Also, this platform strengthens your digital communication activities, providing a pretty helpful option like the scheduled distribution of tweets and messages. All these benefits directly impact your online business marketing planning.

Heap Analytics

This tool was developed to analyze the website and mobile app activities. The operation concept is similar to MixPanel’s technical specifications. Nevertheless, this platform tracks all visitors and their manifestations on your web resources.

The collected information will be presented in easy-to-understand and graphical forms. You may use a valuable option showing the number of users who executed queries per a particular event. As such, you can assess your eCommerce business marketing campaign and respective policy in general.

This marketing analytics software is great for determining the deleted customer and product segmentation and forecasting the consumption trends which optimize your sales. 

The marketing data detector also has many advantages concerning statistics elaboration in real time, retroactive statistics, visualization of promotion events, stream of customer actions, etc.

The only weakness of this software is that it works with iOS-supported gadgets. Android environment users are restricted to using Heap Analytics for marketing research purposes.

The AdWords Performance Grader

Driving traffic to your website and increasing your online market audience is a priority for any eCommerce company, especially those just starting out. However, this goal could be challenging due to some marketing omissions, and online merchants should detect them before their competitors make good progress in the market.

The problems are frequently a result of weak account ads, and marketers need to attract productive analytics tools for digital marketing elaboration. In this case, AdWords Performance Grader is a safe and cheap alternative.

This platform is dedicated to analyzing your account linked with all possible Google Ads and generating detailed reports that focus your attention on the strengths and weaknesses of your business. Getting insights and transforming them into a comprehensive business plan is an operational task for AdWords Performance Grader.

Improvado

Improvado could belong to the group of so-called manual overdriven marketing analytics tools due to the functional specifications of this software to create the reports and manage the integrated data.

In other words, this solution is an excellent helper for digital marketers who work with different omnichannels. This service improves analytical activities because information accumulated by various platforms like Google Ads, Facebook Ads, emailing, CRM, etc. is available in one place.

Improvado is also an SEO improver due to its functional design and other required marketing tools. Demonstrating keywords on a singular line simplifies the searching time and optimizes the content modifications.

In addition, this tool completely integrates your company information to eliminate inequalities.

Working with this service offers complete satisfaction and is a great money-saving alternative too. You do not need to spend extra for DevOps engineers to amend settings on your control panel. The solution allows you to perform all actions on your own.

Optimizely

This marketing analytics tool provides mostly A/B testing services applied to your web resources and products. The analytical results assess the commercial attractiveness of your brand and online store. Numerous tests compile a set of versions capable of boosting traffic opportunities, and you may choose the best one.

The testing can present its findings in visual or textual interpretations to optimize decision-making. If you decide to change your website design for profit-stimulated commercial activities based on Optimizely-suggested alternatives, changes would concern only UX design modifications and not belong to the code.

This solution is a must-have marketing attribute if you want to evaluate your website performance and customer activities on your online commercial channels, putting the minimum effort and receiving the critical informative deliverables.

Moz Pro

Moz Pro provides marketers with data that improves their efforts to optimize searching indicators and, as a result, increases your product or store positions in the automatic search systems. Like SEMrush, Moz Pro can demonstrate searching system data related to your media and your competitors’ activities. This information includes keyword ranking analysis of links and trends selected for a particular period. 

Moz Pro is the best tool for marketing analytics performed by SEO experts and digital marketers who intend to maximize their progress strategies in searching system fields. This software has a convenient control panel easily managed by both analytical experts and beginners to receive the requested outputs.

Fivetran

This solution is designed for marketers and data analytics. This is a tool to collect and analyze marketing data. It integrates all databases, APIs, and other tools to the singular concentrator in order to track the entire picture of information flows. It has a suitable and straightforward interface so users do not need to apply specific technical experience or knowledge to navigate its control panel.

Regarding pricing, the costs for Fivetran services are moderate and depend on security, extensibility, support, connectors and users, and other analysis parameters. In addition, this platform offers a free 14-day trial version to try out all the benefits and opportunities for your business.

Overall, a detailed assessment of marketing activities, financial operations, customers, and sales is a rational investment for future development. In addition, Fivetran allows a database replication option that centralizes on-premise and cloud databases quickly and easily.

Adestra

Adestra is a marketing tool to automate emailing services that help marketers initiate targeted emailing events using platform-offered patterns. This marketing analytics software is developed to clarify the effectiveness of the promotion campaigns. This service also sends automatic notifications.

Users can enjoy a variety of well-compiled samples optimized to satisfy Internet and mobile customer expectations. This online marketing manager allows you to collect premium class data that enhances client engagement.

Insightly 

Insightly is a marketing analytics tool specialized in CRM solutions and profound marketing automatization. This tool renders exclusive services oriented toward creating newsletters and promotional emails. It provides feedback options using landing pages and built-in forms.

Insightly also assists marketers in analyzing and visualizing their clients’ ideas through an advanced analytical approach. Supporting online and mobile devices simultaneously, this analytics software does not have problems integrating with any environment and operating systems.

The technically inclined platform arranges customer journeys consisting of next-best-action steps towards your business products. Also, you can segment your clients and products based on detailed information outputs to optimize current and future sales. The other marketing advantage of this software is intelligent campaigns, which include effective preparatory planning to develop successful events and interactive dashboards and reports to assess the received achievements.

BuzzSumo

BuzzSumo is an online marketing platform for media channel analytics and data collection for content marketing. Such actions help the marketing specialist generate new ideas, create their materials, find consumption influencing content, and track effectiveness indicators of the post information.

This marketing analytics software comprises four tools: content search, its evaluation, detection of influencing channels and individuals, and content tracking. Content searching as a part of SEO analytics cover all possible ways to find the required data: keywords, topics, FAQs, etc. These actions are permitted due to a range of filters available in BuzzSumo. Content analytics through this software is a scan of numerous materials and posts to generate unique content. This process consists of content identity search, analysis of the competitors’ content, and content comparison per period of time. 

Ninjacat 

Of Japanese origin, Ninjacat is a versatile marketing analytics platform and an excellent solution to compile reports, monitor business promotion activities, and track different calls. Developed as a tool for digital marketing agencies, Ninjacat occupies the leading position in the ratings of marketing analytics tools due to its integration simplicity and size.

Google AdWords, Google Analytics, Bing Ads, DSP, CRM, CallRail, Facebook Ads, Google Search Console, etc., is not an exhaustive list of platforms effectively synchronizing their insights with Ninjacat

This software is fantastic at preparing reports on content ads and PPC analysis, expanding its supervision for social media, SEO tools, searching systems, etc. It also provides you with informative panels and White Label reports sharing reliable, precise, and real-time information with your clients via any available gadgets. One of the operational objectives for such a productive data analyzing machine is to scale up your business activities and cover new segments.

The Ninjacat monitoring includes budget and event tracking to optimize the company price and marketing policies. Indeed, this tool analyzes tasks in detail.

Alooma

This marketing analytics tool is well worthy of being mentioned in the top 20 best analytical e-commerce tools. Among its benefits are: 

  • Comprehensive integration. It can integrate dozens of data sources to analyze sales, marketing services, transactional databases, SDKs, and so on,
  • End-to-end security. This motion platform ensures its clients that their data is safely integrating into BigQuery,
  • Pipeline transparency. Different graphics and dashboards allow you to monitor events and products in real time, catching any error or traffic changes,
  • Mapping made easy. The offered opportunities provide users with complete and customizable control.

This platform is exceptionally productive; therefore, you do not need to think about APIs, SQL, code engines, and other details to sum up the full picture of the business state. Indeed, Alooma will do it by itself, presenting you with only a qualitative result.

Adverity

Adverity is a tool that analyzes data and generates reports based on artificial intelligence, automatically collecting and unifying marketing data using integration modules.

Thanks to these modules, users get reports, dashboards, and visibility deliverables to find tendencies and trends after launching promotional campaigns or product lines.

With Adverity, you can collect information from partner channels, web-tracking tools, offline files, audience measurement systems, and other sources.

This marketing analytics tool monitors SEO activities via content evaluation and recommendations to update some attractive approaches. Adverity is the ultimate solution for business forecast specialists because its advanced version helps to build different models, scenarios, and data prediction points that could improve eCommerce business development.

There is no fixed fee, which attracts users. You pay only for a number of sources required to integrate.

Supermetrics 

Supermetrics allows you to automate report generations and transmit results to your desired location. This cloud ETL platform collects and analyzes your marketing data using API interfaces and sends them into the data bank. Also, it qualifies as a visibility, reporting, and business analytics tool.

Integration with Google Analytics and Google Ads is not a big deal for Supermetrics due to its functional abilities. It also works efficiently with Google Data Studio.

As with many marketing analytics tools, this platform offers various visual data interpreters and dashboards to assess the marketing effectiveness for a particular product, event, or audience activities.

Datorama

Datorama enables companies to consolidate marketing data from different channels, which companies and regions could sort. The comprehensive reports and dashboards will become a helpful adviser to make decisions.

Integrating this platform into Marketing Cloud improves several performance positions:

  • United space. Now, evaluation of the purchase funnels is more productive because you do not need to click numerous channels and media to gather detailed information. Also, the company realizes the financial benefits resulting from a substitution of a separate marketing department by a well-developed tool, 
  • Real-time synchronization. Datorama differs from competitors because of a unique feature: it picks up data from all synchronized API interfaces every twenty minutes. So, time to receive a brief report shortens, and marketers don’t have to  wait till the end of the business day,
  • Increased data. The unified data links with CRM, Google Analytics 360, and other paid mediums, including premium searching systems, social media, major purchases, etc., allow Datorama to optimize potential clients’ engagement and purchase funnel growth,
  • Available visibility means. Interactive graphic interpretations of analytical results help the data readers catch main points for products, sales, or audience optimization. These dashboards could provide exact request outputs and filter only the essential data.

How Can You Capture All Your Marketing Data In One Place?

A global search could present you with many results which recommend different marketing analytics tools. However, finding a productive platform requires little effort. The main decision-making argument is an opportunity to capture all marketing data in one place and process different channels. Such comprehensive analysis covers vast amounts of information and catches customer behavior changes visiting all presented business funnels.

This multi-functional platform is AdScale, a competitive but high-performance software solution that offers your business a singular marketing cloud.

Integrating to AdScale digital marketing analytics tool opens advantageous opportunities like:

  • Control data flow in one place,
  • Manage data-driven channels, including social media and web analytics, to optimize the marketing attributes,
  • Track any changes and modifications for three legs of marketing analytics (customer, conversations, and events),
  • Form detailed reports without duplications or omissions which could spoil the analytical process,
  • Provide visual effects via dashboards and graphics to understand information more accurately,
  • Synchronize your activities and reduce workload processing different data sources without needing to click various platforms or data storages,
  • Scale your eCommerce business up and optimize acquisitions. 

To satisfy the above features in full, every eCommerce merchant could try out a free trial. After completing that period, AdScale offers a number of pricing options, depending on the number of channels and business scaling goals.

FAQ

eCommerce analytics is your path to successful business development. Market tendencies, customer behavior, acquisitions, B2C interactions, and paid marketing activities are sources of valuable information influencing your revenues. So, you need to pay particular attention to significant metrics which show you the complete picture of the actual state of the business.

eCommerce analytics means data-driven insights that show the clients’ positive and negative interactions with your website or mobile apps. The resulting reports or analytical findings focus your attention on points to be updated, amended, or removed if you want to keep your marketing products attractive to the target audience.

Customer data is a source for business activities improvement. Preferences and requirements of the current clients are essential to moving your products and services as well as pricing policy to a customer-centric approach. As such, you may introduce new opportunities and develop productive marketing campaigns for audience growth.

To perform marketing analytics activities more productively and budget-safe for your eCommerce business, you can use specialized tools and systems, free or paid, listed in this blog. However, before installing this helpful software, ensure that the platform satisfies all your expectations and covers all possible marketing data sources for detailed analysis.

Marketing analytics have prominent examples related to your eCommerce activities. The data analysis refers to understanding customer behavior, assessment of the paid marketing events and campaigns, optimization of the company product, sales, and communication policy, predictions of various risks and challenges associated with content marketing, etc.

There are three legs of marketing analysis: data, marketing events or campaigns, and analytics as actions. All these pillars are a basis for a comprehensive assessment of eCommerce business progress and the effectiveness of types of marketing analytics, including web, social media, technological attribution, emailing, and SEO supervising.

Creating the Best Customer Journey: Omnichannel Commerce is the Answer

The success of retail businesses has always depended on their connection with their customers and how they interpret customer behavior. Each step of the customer journey must engage the target audience and incite favorable actions. 

For long-term success, brands must provide options to convert one-time purchasers into loyal customers who can eventually become unofficial brand ambassadors. 

Customer engagement is key to success. One of the best ways to boost engagement is leveraging technology and taking advantage of the many channels and platforms readily available to connect with your audience. This is the foundation of omnichannel marketing. 

Omnichannel ecommerce takes this to the next level by providing many different platforms from which customers can purchase your products.

Read on for a deep dive into how your online store can use omnichannel marketing and omnichannel ecommerce to improve your customer journey. 

Understanding the Customer Journey 

If you’re a business owner, you likely already know by now that the way you engage with your customers is vital to your success. Creating a positive, productive customer journey requires businesses to interact with customers at several touchpoints for a memorably smooth experience. 

The customer journey covers the overall experience you provide for your customers from the very first time they become aware of your brand. Every step in the journey must be optimized to develop a strong brand-customer relationship. 

Like any journey, you need a map to understand the most critical touchpoints, what kind of engagement is needed, and what other strategies you can use to perform better. When you create your brand’s customer journey, you must visualize your marketing strategies in action, consider the customer’s motivations and reactions, and finally create a detailed map that details every moment of the overall customer experience. 

Remember that customer journeys are not linear. Your customers will jump from one step to another at their whim. They may abandon their initial journey and come back a few months later through another touchpoint. They may linger in one or two touchpoints before making a purchase. 

You must create a customer journey map that is flexible enough to accommodate these variances. The main goal is to engage with your clients in a way that will propel them to continue their journey and convert their interest into a sale.

Understanding your prospects and customers is a basic requirement when creating your customer journey map. You need to know where to find your leads, learn about their motivations, which medium they use to engage with your brand, their potential actions, and where they get their information. 

What is Omnichannel Customer Engagement? 

When consumers want to buy something, they have so many different options. They can go to a brick-and-mortar store, an ecommerce website like Shopify, a company’s direct-to-customer (D2C) website, or even a social media platform like Instagram or Facebook to engage with the brand they’re interested in. 

These are all channels where customers engage with businesses whenever they are—at home, at work, on their commute, even on vacation. 

There are many ways to enhance customer engagement. Some of these include:

  • Offering incentives for customers to visit your store or website. This includes discounts, free shipping, and samples.
  • Creating relevant, targeted marketing campaigns for customers. You can use their purchase or browsing history to create unique ads or send out special offers.
  • Responding quickly to customer complaints and inquiries. Being proactive about taking action ensures that you care about your customers and you want to keep their trust.
  • Creating an omnichannel experience for customers. This means providing access to your brand via multiple channels such as social media, your brand website, online retailers, and other platforms. Omnichannel customer engagement focuses on a seamless journey no matter what platform your customer prefers. 

Ecommerce and Omnichannel Customer Engagement 

When a business develops a customer journey that engages and delights their target market, they create a positive experience that will keep customers coming back for more. Fortunately, the internet has made it easy for ecommerce businesses to explore many different platforms where customer engagement and experience could be enhanced. 

Today, businesses can connect with customers in so many ways. There’s the traditional face-to-face channel where customers go to physical stores to interact with a brand. Customers can get a personalized experience in a brick-and-mortar shop, but accessibility and ease of access are limited.

Ecommerce businesses can leverage various direct or indirect channels, such as social media, emails, newsletters, catalogs, and calls. 

Omnichannel engagement ensures that all customer interactions are unified to enhance their experience. Emails, websites, retail stores, point-of-sale platforms, and even social media apps are aligned to give the customer ease and accessibility wherever they are.

What is the Difference Between Ecommerce and Omnichannel?

Ecommerce is the buying and selling of products and services through an online channel. This could be done through a website, mobile app, or social media platform. 

Omnichannel is the use of multiple channels to interact with customers. This could include in-store purchases, online purchases, and phone orders. It links all channels that are part of the customer journey. This way, the customers have a cohesive brand experience no matter what channel or point-of-sale platform they use to engage with your brand.

So omnichannel ecommerce allows businesses to engage their customers at several touchpoints in various channels (online and offline) to make the experience more cohesive and compelling. 

What is an Omnichannel Strategy?

An omnichannel strategy is a sales approach that provides an integrated shopping experience. The goal of an omnichannel strategy is to create multiple touchpoints through which customers can interact with your brand, such as social media, retail stores, or mobile devices.

Your strategy must be based on customer behavior, how they engage with your brand, where the initial engagement happens, and where they purchase the product. You should focus on meeting your customer’s needs and expectations in any way possible. 

There are four important factors you need to focus on for an omnichannel strategy. Consider the following questions:

1. What are my available sales channels?

Carefully choose which channels you need to develop. Ecommerce businesses can leverage ecommerce marketplaces, social media platforms, business websites, B2B sites, and mobile apps. 

Focus on channels that suit your business approach and product, and use others for engagement or advertising.

2. What marketing and advertising options do I have? 

Create a marketing plan and advertising strategy that will drive traffic to your ecommerce site and boost your revenue. You could use paid ads on social media, email marketing, or even traditional marketing approaches. 

As long as they reach your target audience, you will create a valuable touchpoint for your customers. 

3. What are my operational needs? 

Consider your omnichannel strategy’s back-office requirements. You need to manage your inventory, streamline order fulfillment, logistics, and delivery. Do you have the technological capacity to manage all of the complex processes and the staff to handle your online channels? 

4. How can I ensure shipping and delivery fulfillment? 

You can partner with third-party logistics companies to handle shipments and deliveries, especially if you have limited staffing and reach. 

Boost Your Business With an Omnichannel Engagement Strategy

Make sure your omnichannel engagement strategy supports your business goals. If you’re trying to increase sales, work on driving more customers to your site. If you want to build customer loyalty, focus on engaging them to purchase again and again.

Above all, your omnichannel engagement strategy must be customer-centric. Too often, companies try to push their agenda instead of providing what their customers ask for. 

You must act based on what your customer wants, not what you want them to do.

Your strategy should be flexible and accessible. If it’s difficult for customers to navigate or use one of your chosen platforms, they will quickly give up and opt for one of your competitors instead. Prioritize simplicity and ease of use even for beginners.

Omnichannel ecommerce must also be integrated. The level of integration you can achieve depends on the structure of your omnichannel architecture. Your data systems may be in different formats, but they need to work together to ensure a smooth customer experience. 

The Best of Omnichannel Ecommerce and Marketing

Amazon is one of the best examples of omnichannel ecommerce and marketing. Amazon has created a seamless customer journey by engaging customers on all possible channels. It is now one of the most successful businesses in the world.

What Amazon did as an omnichannel marketing giant was to understand what their customers wanted and how they could engage with them wherever they were. Some of these channels include:

Email Marketing

Amazon sends out regular emails to its customers, notifying them about new products, deals, and promotions. They also use email marketing to create loyalty programs for their customers.

Social Media 

Amazon has cultivated large followings on all its social media channels. They engage with customers, promote new products, and develop brand awareness.

Blog Posts 

Amazon’s blog offers incredibly useful information about their products and services as well as tips for using them. It also provides an opportunity for engagement between Amazon employees and customers.

Product Pages

Amazon’s product pages are very interactive, allowing customers to read reviews, see related products, and find out more about the product before purchasing.

Customer Service

Amazon’s customer service is one of the best in the world of ecommerce. They offer support through phone, live chat, and email.

Why is Omnichannel Ecommerce Important?

Businesses and retailers have responded to evolving customer behavior and preferences during the pandemic. One of the most widespread effects of lockdowns and travel restrictions has been the boom in ecommerce and digital technology

The great shift to ecommerce has made businesses explore options beyond traditional marketing strategies. Omnichannel ecommerce has emerged, and now companies are attempting to engage with customers and sell products across various platforms. 

Omnichannel ecommerce has also made businesses explore logistics and delivery services with a global impact that saw a 25% increase in ecommerce deliveries in 2020.

Omnichannel ecommerce is the future of retail, and its impact will change how brands and consumers interact long into the future.

What are the Benefits of Omnichannel Ecommerce?

Omnichannel ecommerce provides an incredibly convenient customer experience. It allows consumers to switch between channels without experiencing any disruption in service or losing their place in their customer journey. 

Omnichannel benefits businesses in several ways:

Improved Customer Experience

Unsurprisingly, the first and most important omnichannel benefit is a top-notch, seamless customer experience. Your customers have several touchpoints in their journey, and integrating communication and sales methods empowers them even more.

When you prioritize customer experience, you are sure to boost your sales and expand your roster of loyal customers. 

Integrated Customer Database 

Omnichannel ecommerce allows businesses to integrate data gathered from various channels to understand the needs of their target market. 

With so many data points, you will be able to create content that appeals to a wide range of customers. You will have the information you need to improve your products and provide services to enhance customer experience. 

Increased Site Traffic and Sales

Omnichannel ecommerce involves engaging with customers and selling your products across multiple platforms. This significantly increases brand accessibility, allowing users to go from your social media account to your blog to your product page without losing their place in the journey. 

This means that if they are already at a critical touchpoint, omnichannel ecommerce allows customers to move forward and progress from a potential lead to becoming a viable—even loyal—customer.

One study revealed that omnichannel customers spend more than traditional consumers who use only one channel to interact with a brand. Omnichannel customers did more research on different channels, including social media, business websites, and even on-site digital tools. 

Customer Loyalty

Omnichannel ecommerce also boosts brand loyalty. When you engage with your customers and provide what they need every step of the way, they will be assured that your brand understands and prioritizes their needs. They will pay this forward by contributing to your brand in big and small ways.

Put yourself in your customer’s shoes. When you interact positively with an ecommerce store, you remember the experience, right? And when you find yourself in a place to purchase another product or service in their niche, you may not even consider any other option. 

If your next online purchase goes as smoothly as the first, you may excitedly recommend the brand to your family and friends. You may even share the positive experience with your social media followers. You have become a loyal customer and a brand ambassador of sorts—precisely what the business needs for more revenue and long-term success.

What Are the Challenges With Omnichannel Ecommerce?

Omnichannel ecommerce is undoubtedly the future of retail, but acceptance of the strategy is still limited to certain industries. 

There are several challenges that many businesses have to overcome to embrace omnichannel ecommerce strategies:

New Expectations from Consumers 

Omnichannel ecommerce platforms must be customer-centric, and they expect accessibility no matter the time and place. For some ecommerce businesses, the struggle centers on delivery and logistics, with demand for same-day deliveries on the rise. 

Customers expect deliveries to be completed within a small window, but some online retailers may not meet these needs due to limited operations.

Business websites, retail platforms, and mobile apps make it incredibly easy for consumers to access products wherever they are, at any time of day. The demand for accessibility in all platforms has made businesses speed up their digital expansion plans. However, this could be a challenge for some smaller companies.

Omnichannel consumers now have a long list of options for their purchases. This gives them the power to decide how much they spend and where, forcing businesses to expand their inventory to include alternatives to suit their audience. This may involve finding new suppliers and sourcing new products constantly. Time and space constraints might limit some ecommerce businesses’ responses. 

Managing inventory across all channels can be difficult, especially when demand for products varies greatly from one channel to the next. There is also the issue of price inconsistency, as fees generated on one platform may not apply to another.

Deliveries, Distributions, and Returns 

Providing omnichannel retailing on a global scale is no easy task. It requires tight coordination and synchronization between channels and an understanding of how to use technology to your advantage.

Logistics is expensive for all ecommerce businesses, and the greatest challenge for retailers has been product returns. In 2020, an average of 40% of online deliveries were returned, compared to 8% of on-site purchases. 

Delivery companies follow set schedules, but returns are not part of the process just yet, thus disrupting distribution flow. Some businesses are now exploring reverse logistics to meet this challenge, which means additional expenses for any business.  

Increased Costs

Demands for an online presence, creating new supply chains, and expanding inventory mean rising costs to any online retailer. Omnichannel ecommerce may require additional staff, a bigger warehouse, and more advanced software and hardware, all of which require money. 

Ecommerce businesses must decide what assets they must invest in so their omnichannel strategy will improve their business revenue. 

Digital Limitations 

Many online businesses are also limited by the available technology. Omnichannel ecommerce requires a unified platform that can analyze customer information, behavior, and motivation to create a strategy that would improve the brand’s customer journey. 

But with ecommerce websites, social media marketplaces, and mobile apps using different modes of gathering customer data, it can be difficult for any business to unify these metrics and make them a comprehensible part of its customer engagement strategy. 

How Can Businesses Overcome these Challenges?

Small to medium enterprises may want to shift to omnichannel ecommerce and marketing but find themselves limited by the significant increase in costs. One way to overcome this is to create an omnichannel customer engagement strategy that focuses on the channels that work best for your brand. 

This means your business should focus on the platforms that your target audience uses. Address their pain points, provide what they need, and soon, you’ll be rolling in revenue.

Here are some ways you can mitigate expenses and overcome the challenges of your omnichannel strategy:

Look for the Best Omnichannel Platforms 

The best omnichannel ecommerce platforms for businesses enable marketing, customer engagement, and shopping experiences via mobile devices.

Market research can help you with this. What platforms are your target audience using to shop? Remember, your strategy must center on your customer journey—meet them where they already are and provide value they can find nowhere else.

Look For Partners

Even if your business is thriving, it doesn’t mean you must continue to do everything alone. Omnichannel ecommerce works best if you have partners and third-party providers that can help you streamline your operations. 

Look for service providers that will help you meet your customers’ demands. Logistics and delivery services are good partners, and they have a network of partners all over the globe that could help you reach an international market. 

Use Automation and AI

Automation and artificial intelligence (AI) are booming, and the world of ecommerce has been leveraging these developments to their benefit. 

Automating your ecommerce business operations will ease the burden on your staff and provide a top-notch experience for your customers, as well. You can leverage automation software for email marketing, customer support, CRM, inventory management, logistics, and more.

For many ecommerce sellers and business owners, using AI on their websites has helped them analyze customer behavior, engage with visitors via live chat, provide personalized shopping experiences, and many more.

Omnichannel Ecommerce: The Future of Retail?

The future is bright for online retailers. With modern consumers all-in on ecommerce, social media, and digital marketing, it is easier than ever to make an impact in your niche, even without a brick-and-mortar store.

Billions of people in the digital world are potential leads. Their online presence is studied, the sites they visit are documented, and their purchases are recorded in point-of-sale platforms. Omnichannel ecommerce is making it easy for the consumer, but could businesses satisfy their customers’ growing demand for accessibility?

Traditional marketing approaches will not disappear, but omnichannel and multichannel marketing and ecommerce will lead to expansion for all industries. If you want your business to thrive, you should explore omnichannel ecommerce and make your customer journey better than ever.

Choosing the Right POS Platform: Square or Shopify?

Choosing a business point-of-sale platform (POS) is essential for any online e-commerce shop or brick-and-mortar business. The POS System is the platform where all your business transactions are conducted. It also helps you track your company’s progress, from showcasing your products to closing a sale. 

Most businesses now use digital POS systems, like Shopify or Square. Each POS platform offers something different to every user, and it all depends on what you need as an e-commerce seller, a small business owner, or an entrepreneur searching for the next big business deal.

But how would you know which one is for you? How would you know which one to choose in the Shopify vs. Square debate? 

We will explore the pros and cons of Square and Shopify to help you decide. We’ll also cover whether you can use both Square and Shopify.

Ready?

The Basic Features of a Good POS System

Since POS platforms make payment transactions easy, they share some basic features, such as billing, invoicing, CRM, inventory management, etc. They also offer other add-ons and features. And here is where POS platforms differ—depending on the brand, you’ll find features such as cloud storage, remote access, multilocation management, etc.

But here are the things a basic POS system should do for you.

Sales Reporting 

A basic POS platform should give you a daily sales report listing price, product, profit percentage, and even the employee who completed the sale. This report provides a picture of how your business is performing. 

Customer Management 

Managing your customers is vital for any business. Your POS should allow you to create a database that helps you record customer information. You can record their purchases and contact information to create better marketing campaigns that target your most valued clients.  

Inventory Management

Your POS should keep track of your product, inventory, and stock. You would know when to order a new batch of products and what product needs to be resupplied. Managing your inventory is vital if you want to meet the demands of your clients.

Any POS should have these features, and Square and Shopify offer more than these. But how would you know which one works for you? 

Let’s compare Shopify and Square. 

Why You Should Choose Shopify

Shopify is user-friendly and makes it easier for anyone to set up on their computer or mobile. Its intuitive grid allows users to see the apps and products they use the most, while merchants could manage their business easily, and sellers could offer products far from their physical store. 

  • Works with the Shopify e-commerce platform
  • Shopify is ideal for e-commerce sellers, larger retailers, and online merchants   
  • 24/7 customer service
  • Flat service rates

Shopify also offers two kinds of POS plans—Shopify POS Lite and Shopify POS Pro. The two versions allow small business owners to create an appealing online store and reach Shopify’s thousands of e-commerce sellers and users. 

Here’s a closer look at their features.

Shopify POS Lite

Shopify Lite accepts all major credit and debit cards. It works together with other hardware devices, including mobile devices and printers. 

In addition, you can expect the following: 

Sales Reporting 

Shopify Lite helps you create receipts, discounts, and even refunds. It also helps you create cash flow, sales, product, and financial reports. 

Customer Management

Shopify Lite has several customer management features that new e-commerce sellers and longtime merchants appreciate. The POS will help you build an email and social media campaign to attract new customers. It also helps you build a customer profile list to create a customer loyalty program to create brand ambassadors. 

Inventory Management

Shopify Lite’s inventory management features allow users to add unlimited products to their inventory and manage it from several channels and locations. 

Shopify Pro 

The Pro version provides users with more features than Shopify Lite. 

Here’s what more you can expect:

Sales Reporting 

Pro allows users to create purchase orders, forecast product demand, sale item suggestions, low stock reports, and inventory analysis. 

Employee Management

Pro gives you manager approvals, unlimited POS staff, and assign staff roles and permissions. You can add several staffers to your system and give commissions and acknowledgments to high-achieving personnel. This allows you to assign staff roles for better management. 

Inventory Management

Pro generates stock reports, inventory analysis, and an inventory count. You can also create purchase orders and custom-printed receipts. 

Customer Management

The Pro allows your customers to redeem automatic discounts from your store. It also gives your customers the choice to buy online, have the product shipped in, or pick up their order on-site. 

Shopify Payments

Both Shopify Pro and Lite give you access to Shopify Payments. Shopify Payments simplifies online payments and gives you access to all payment methods.

Shopify users could use Shopify Payments to integrate their digital wallet, e-money apps, and payment partners into their store. The platform gives users and their clients ease of access in their e-commerce store. There is no transaction fee either. 

Even if you don’t use Shopify, you can still access Shopify Payments for all your transactions. 

Why Shopify? 

Shopify has a scalable platform for medium to large e-commerce businesses. If you rely solely on commerce for your revenue, then Shopify is for you. 

Why Choose Square?

Square is a POS system for mobile phones and gadgets. It’s compatible with Apple and is ideal for small business owners. 

Square is unique in its ability to accept swiped payments at lower charges. It also allows Shopify e-commerce sellers and merchants to use the Shopify POS while using Square. 

So, can you use Square with Shopify? Yes! But should you? We’ll cover that in just a minute.

Meanwhile, here are the benefits of using Square:

  • Ideal for new sellers, smaller e-commerce retailers 
  • No extra cost per transaction 
  • Lower charges per card swipe
  • No monthly fees

Square has several features that make it a good choice for e-commerce sellers from small to medium enterprises. Here’s how it stacks up on the three basic services of a POS. 

Sales Reporting

Square’s dashboard displays your inventory and sales reports and compares your business performance. Square provides you with the analytics you need to monitor any business. 

Customer Management

Square has a Customer Relationship Management (CRM) system that stores all your customer data. Using this data to understand the behavior of your market, you can improve customer experience and create a loyal customer base.

Inventory Management

Square’s Inventory Management tools and its dashboard offer users an excellent way to manage their inventory. They can track each product and connect it with a customer, making it a valuable tool for understanding their target market and how they could expand it. 

Square also has the following features in its POS structure.  

Third-party Integrations 

Another of Square’s benefits is its smooth integration with other applications such as the Shopify POS, Intuit management tool, Weebly e-commerce web design site, and inventory management platform Shopventory.

Employee Management 

Square allows managers and business owners to assign roles to their staff in the POS. The system helps with payroll tracking, attendance, and even performance trackers. 

Platform Customization

Square allows its users to customize their online store. Business owners could arrange products and services in a way that would attract their target market. 

Payment Processing

Square’s POS makes it easy for customers to use credit and debit cards with a simple swipe on the phone. The company does charge a transaction fee for every swipe, but it is an acceptable rate for many small to medium businesses. 

This final feature gives Square an advantage over other POS. Users can complete Square payments with a simple swipe. 

What makes Square Payments different?

Square Payments make it easy for users to shop online and make cashless transactions in person. They could use credit, debit, and even gift cards to pay, without the heavy charges of traditional credit cards.  

A card reader app for Android devices and the iPad allows e-commerce sellers to receive and send payments. 

Why Square? 

Square’s free plan and flexible payment process make it the best choice for small business retailers, food shop owners, restaurants, and other brick and mortar stores.

Shopify vs. Square: Can You Use Square with Shopify?

Though both POS platforms offer similar features, Square has limitations on the features it offers users

This is why you cannot use Square with Shopify. You can, however, use Shopify with Square.

Confused? Allow us to clarify.

Since Square allows third-party integration, you can access Shopify on Square. However, you cannot access Square if you have Shopify installed. 

If you already use Shopify and want access to Square, we have a solution. 

Shopify-Square Integration is Your Solution

E-commerce integration coordinates business websites and systems to integrate sales, information, and other essential data used in two platforms. In our case, Shopify and Square.

Here are the different ways to integrate these two POS platforms. 

Shopify-Square Integration on Zapier

If you are a business owner using Shopify, but you need to access both, there is now an option for Shopify users to access Square using Zapier. Zapier is a platform that allows users to access another platform and integrate the data required in both systems. 

The process is quite simple, and users need only sign up for Zapier and authenticate their Shopify and Square accounts. When done, you need to select a trigger app and the resulting action on the other. The Shopify-Square integration allows you to consolidate your information and synchronize your apps.

Square-Shopify Integration on SKUIQ

SKUIQ is another online tool that allows Shopify to integrate with other POS and e-commerce platforms. You could synchronize your data from Shopify and Square, and SKUIQ allows you to connect your POS to your e-commerce platform, which could be your physical store or an online website. 

But the good thing about integration is that whatever POS you choose for your business, you will have the capacity to integrate Shopify and Square. However, still consider the possibilities that each POS offers; it may be the key to your business success.

Shopify vs. Square: Which One is Better?

Still mulling over the Shopify vs. Square debate? 

The answer depends entirely on what you need and who you are. Both Shopify and Square have their advantages and offer basic POS tools.

You need to choose the one that fits your business needs, including your budget and business plan. 

You need to ask what you need as an e-commerce site or an entrepreneur. Think about what needs to change in your processes, whether it’s in the management or service. Review which online management and financial tools could help you. 

Review your business plan and your revenue goal for the year. Consider which POS would serve you better so you could reach your sales targets. 

If you have a small business, you need to check your average order value. A higher number would demand a POS covering tracking, orders, and delivery. 

You should also consider if you have multiple locations or just one physical store. Multiple sites may demand more remote management, and you need to think about which one suits you. 

For Small Businesses

If you have a small business and are constrained by your budget, some experts suggest you choose the one that suits your budget limitations. 

Perhaps Square could appeal to small business owners since their platform is free and its third-party integrations and swipe payment system are appealing. It gives even e-commerce sellers and online merchants access to Shopify’s POS, making it more flexible for budget-conscious business owners. 

Shopify offers two POS to help a small business—Shopify Lite and Shopify Pro. Medium to large enterprises with greater online tracking and management needs prefer Shopify. But check their fees and choose the one that is suitable for you. 

For Medium to Large Enterprises

If your business is medium to large, you might want to choose a POS that does not charge you for using multiple devices. Also, if you plan to create a complex business website that takes advantage of app integrations, then Shopify is for you.

Shopify Pro would help e-commerce sellers, online merchants, and even small businesses with SEO optimization and their website. Shopify Pro will also give you the advantage of integrating with other e-commerce platforms. 

So, which one is it? Shopify or Square? 

Don’t forget to drop by later and let us know which worked best for you!

Social Media E-commerce Trends

For a clear analysis of today’s success in online trade, it is necessary to study the new e-commerce social media marketing trends in sales carefully.

There are clear guidelines for it, here are a few examples:

  • Social networks increase sales;
  • B2Bs spend more on technologies;
  • Chatbots are useful for managers;
  • Internet shopping is carried out on a number of devices; 
  • One-click buying is a great strategy for online sales;
  • Use AI to approximate your goals;
  • By including augmented and virtual reality, you can attract more attention to your brand;
  • Voice commerce.

E-commerce as a social media strategy is gaining momentum. Everyone can take advantage of a wide range of technologies and thus match today’s capabilities. It will be difficult to reach a goal innovatively. Brands that do not bring modern solutions to their strategy cannot count on high profits.

Our advice to companies is to tie their online shop with their social networks. Companies are posting products that they want to sell on their pages. Because of this, they can increase their client base.

Despite the existence of modern solution methods, many brands still use catalogs as their main commercial strategy. However, we still emphasize the fact that setting up a good web page attracts more people and brings, accordingly, more profit.

In this article, we’ll take a look at social media e-commerce trends and their impact on a company’s bottom line.

Official E-commerce Statistics And Forecasts

Official E-commerce Statistics And Forecasts
  • Use e-commerce as social media marketing to create similar sales paths 

According to statistics, 49% of the population claim that e-commerce as social media marketing inspires them to pre-empt goods. Also, 71% of people say that recommendations significantly increase interest in the product and encourage shopping.

If we take social media sales analysis into consideration, then Facebook can be used as the best platform. According to statistics, 85% of sales in social networks occur through Facebook.

In 2021, total online sales are expected to rise to $4.5 trillion. Thus, it becomes apparent that e-commerce is the optimal way to generate good sales profits.

According to forecasts, big sales are expected to take up 19.5% of sales in 2021. As a result, most of the money spent on sales will be associated with online shopping.

It is expected that online selling will continue to grow, bringing brands higher profits.

If we look at preliminary forecasts, sales will be $6.388 trillion by 2024, with an all e-commerce stake of 21.8%.

This commercial strategy is good at attracting clients. Studying statistics, we can see that over the past six months, 79% of the population purchased goods using modern devices.

Online sales via e-commerce social media marketing is a nice option for promotions. According to official statistics, 71% of the population purchases products due to social networks.

Modern E-commerce Trends

Modern E-commerce Trends

There are a lot of options for rising sales, below is a list of some of them, we advise you to use them in your strategy:

  • B2B sector spends more on e-commerce technologies

B2B will probably take advantage of online sales. Customers who prefer wholesale will rely on advanced B2C functionality from e-commerce sources that wholesalers produce.

Platforms with wholesale sales using B2C should be quite comfortable for people. It should have a product catalog, shopping cart, and check-out variations.

There are also platforms like Amazon and Alibaba.

Alibaba accounts for about 80% of sales. Alibaba is the intermediary between the Kyai and Western markets.

Today’s e-commerce social media strategy makes it possible to transfer from B2C to B2B format. To join B2B expand your strategies using modern methods.

  • Chatbots allow you to place orders automatically

Recently, this method of online sales has become a really good chance to simplify work with people and even increase income.

According to official statistics, 45% of shoppers agree that a chatbot is the best option for contacting customer support.

A social network such as Facebook also creates chatbots, which helps to save time on using managers.

We also advise you to pay attention to these tips:

  • Mobile devices are becoming the main channel for online shopping

62% of mobile device users have purchased something in the past six months using their mobile phones. This makes responsive design an essential attribute of a successful online store.

If the design of your online store doesn’t meet the requirements, you are losing potential buyers. In addition, more and more companies are launching branded applications.

Let’s take a look at the Starbucks app. The company developed the Ordering and Pay app in 2015. In 2017, the app processed about 30% of payments from all orders. Bear in mind that the online business app is one of the hottest mobile e-commerce trends in 2021.

  • One-click purchase is a must for e-commerce

The convenience of working with clients is a necessity for a modern online store. The integration of one-click shopping and one-step checkout extensions is a global e-commerce trend followed by many retailers.

28% of online shoppers abandon their shopping carts because the checkout process is too long and complicated. The multi-step checkout process is the third reason the shopping cart is abandoned. Additional key reasons for shopping cart abandonment are additional shipping costs (60% of online shoppers) and lack of pickup (37% of online shoppers). 

One-page checkout makes the buying process much more convenient. This leads to more conversions and fewer shopping carts being abandoned.

Many extensions streamline the checkout process. However, you will need a developer to integrate these extensions into your online store. Moreover, an e-commerce social media marketing developer will help you find the perfect solution for your platform.

Helpful Options For E-commerce Social Media Strategy

These tips will also be indispensable strategies:

  • Artificial intelligence and machine learning for more personalized interactions

AI is one of the main parts of e-commerce social media marketing. It becomes a powerful tool for increasing conversions. Online retailers use this technology to communicate more personally with shoppers. As a result, it increases the customer’s lifetime value and the average order value. For example, you can use AI to analyze customer behavior or offer customers more personalized discounts based on their previous purchases.

Machine learning technology is even more powerful because it combines several types of artificial intelligence. Machine learning chatbots collect information from buyers and give them the appropriate answers. Thus, machine learning can help automate customer support. This e-commerce social media strategy is also suitable for providing customers with more relevant search results. The technology generates search rankings based on relevance for that particular user.

  • Augmented reality and virtual reality are reviving physical stores

These facilities are very popular with retailers. All customers love these technologies. The report showed that 40% of people would buy the product at a higher price if they could test it in VR/AR first. What’s more, 61% of people are loyal to brands that provide them with augmented reality features. Many retailers have already implemented augmented reality technologies in their stores.

Let’s take a look at Houzz, a home design and interior design company. After launching its augmented reality app, the company found it influenced purchasing decisions. In particular, shoppers are 11 times more likely to purchase an item after using an app. 

  • Use voice commerce as an e-commerce social media strategy

It contains products created by programs such as Apple Siri, Amazon Alexa, and Google Assistant. It is expected to keep growing, so this trend will be one of the main ones in the coming years.

Most mobile devices will be designed to use voice assistants by 2023. There were about 2.5 billion of them in 2018, and there will be about 8 billion such devices.

Official figures predict the profit from sales through voice commerce will be about $40 billion in 2022. Visit AdScale blog for even more useful tips on e-commerce and online business. There are many interesting points that may help you in your work.

FAQ

Types of commerce include customer reviews, customer recommendations, forums, website optimization, and ad setup.

  • Good publicity;
  • Marketing that has become automated;
  • The use of AI in advertising;
  • Expanding commerce by adding them to mobile devices;
  • Virtual reality for products on sites;
  • Adding voice search.

Chatbots will be at the forefront of e-commerce trends. 45% of people find this supplement to be very helpful and convenient.

Aside from the mainstream trends, there are also things like local stock advertising, niche markets, vertical markets, and retargeting.

Here’s Everything You Should Know About Marketing Funnel Metrics

Enterprises, big or small, rely on sales to keep operations afloat. With recent changes in buying behavior and trends, it’s critical to ensure that businesses understand how they reach out to their target audience and what they can do to improve their sales and marketing efforts further.

One study found that organizations that provide quick and easy sales processes have a 62% higher chance of winning their buyers. Interestingly, though, only a few businesses exert effort in monitoring and improving their sales funnel KPIs.

In fact, Pardot claims that as many as 68% of companies fail to use sales funnel key performance indicators (KPIs). Ultimately, this leads to poor conversion and dismal sales.

The solution? Understanding marketing funnel KPIs, the role they play, and how to determine which KPI to use at which stage of your customer’s journey.

But, what are marketing funnel metrics, exactly?

What Are Funnel Metrics?

What are Funnel Metrics?

Funnel metrics is a marketing concept that helps salespeople map a customer’s buying journey. This journey is likened to a “funnel” because it follows the influx of potential customers at the top of the funnel (more on this later) until they trickle down at the bottom as they actually become buyers.

Think of it this way: As prospects become customers, they pass through different stages in the sales funnel. The deeper they go, the higher is their level of commitment to buy products and avail of services.

To better understand the concept and use of marketing funnel metrics, it’s important to take note of the four different stages of a basic sales funnel:

Awareness

The first stage of the sales funnel is the awareness stage. It’s the part of the journey where the audience becomes aware of a brand’s products and services. They’ve likely heard about the offering from ads, social media channels, or recommendations.

At this stage, they aren’t customers yet. They are considered prospects, potential leads that you can nurture to help them move to the next stage of the sales funnel.

Interest

At this point, the prospects are more familiar with the company and what products or services it offers. They will then assess the products and services depending on their interest level. If they believe the offering is of value to them, they will do more research, ask around, read reviews, and inquire. This is a critical point for the sales team because it will have an impact on whether the prospect will decide to buy or not.

Decision

With enough knowledge about the company, prospects will dive deeper into what you have to offer. Is it better than what the other vendor is selling? Does it provide more value for money? Is the price justified for the packaging options? The sales team should focus on follow-ups, constant contact, and other promotional campaigns to help convince prospects to buy.

Action

At the last stage of the customer journey is where you can gauge whether your sales and marketing efforts will bear fruit. Will they buy or not? It all depends on how effective the previous campaigns are.

Using sales and marketing funnel metrics helps marketers understand what their prospects are thinking and doing at each stage of their buying journey. Having these useful insights can help craft the appropriate messaging to convert these prospects into paying clients.

If the prospect didn’t buy, it’s important to look back and assess where efforts fell short.

Sales and marketing funnel metrics can help teams align their efforts with objective insights in mind. Studies show that synchronized teams can contribute to revenue growth.

How Do You Calculate Sales And Marketing Funnel Metrics?

How Do You Calculate Sales and Marketing Funnel Metrics?

Here’s how you can calculate different sales and marketing funnel metrics:

Entrances

Entrances refer to the volume of prospects that “enter” the sales funnel within a given timeframe. To accurately measure them, it’s critical to determine the starting point of the sales funnel. Once this is identified, it would be easier to assign the entry point and measure the number of entrances.

While many won’t pay attention to this specific sales metric, it’s actually a vital one since it’s the beginning of the sales funnel.

Here’s How To Calculate It:

Add the number of leads reached during a specific period. It can also be done based on a channel or campaign level. For most e-commerce sites, the calculation can be done based on the cumulative traffic that goes into a website during a given time.

Conversion Rate

Perhaps the most popular sales funnel metric that most marketers are aware of is the conversion rate. It’s the percentage of leads that become paying customers. Defining the conversion rate goal and tracking it over time can help increase process efficiency and improve revenue.

For most businesses, particularly, those in e-commerce, conversion equates to sales. But conversion can also mean the number of downloads, email subscriptions, or actions based on the desired action. It’s among the most direct sales funnel metrics you can measure.

Here’s How To Calculate It:

Get the total number of conversions and divide them by the total leads entering the funnel. Multiply the number by 100 to get the percentage.

Total Conversions / Total Leads in Funnel x 100 = Conversion Rate

If measuring various conversion rates within a funnel, get the conversion rate by dividing the total customer number who reached the conversion stage by the number of customers from the previous stage in the funnel. Then, multiply it by 100.

Total Sales

After conversion, the next goal is to turn these numbers into actual revenue. Measuring total sales can evaluate and identify the sales that come from the funnel.

Here’s How To Calculate It:

Simply add the sales revenue from a given timeframe. Multiplying the number of sales by the unit price of items sold will also give the total sales.

Number of Sales x Unit Price = Total Sales

Total sales are considered the most important of all marketing funnel KPIs for business owners. It helps them analyze the overall success of the sales funnel and company growth over a given period.

A good way to measure success is to compare conversion and total sales. Once they are aligned, it indicates effective sales and marketing campaigns. High conversions but low total sales can signify loopholes in marketing efforts.

Average Order Value

Average order value is the revenue gained from an order. It tracks the average dollar amount spent when a buyer places an order. It’s one of the important sales metric KPIs because it gives an overview of the pricing strategy and online marketing efforts by measuring the long-term value of each customer.

Here’s How To Calculate It:

Divide the total revenue earned by the total orders in a given period. The timeframe should be similar.

Total Revenue / Total Orders = Average Order Value

Expanding the target audience or targeting high spenders for small average order values can help increase their number.

What Are Upper Funnel Metrics?

What are Upper Funnel Metrics?

Upper-funnel metrics or top-of-the-funnel metrics are marketing funnel KPIs that help marketers expose the target audience to the offering by enforcing various brand awareness tactics. Upper funnel metrics help prospects get to know the company and its offerings and see if they can address their problems and challenges based on their standards.

During this stage of setting marketing funnel metrics, marketers should gather as much information about their target audience, including what topics interest them and which ones they are willing to engage in. Through these interactions, it would be easier to build a buyer persona that will eventually become the basis of the campaigns.

Aside from brand awareness, using marketing funnel metrics, such as upper-funnel, also drives demand generation. The goal is to bring excitement about the offerings. In the end, it can help build long-term customer relationships by discovering multiple touchpoints to help highlight unique value propositions and attract more customers.

What Are The Different Top-of-the-Funnel Metrics?

What are the Different Top-of-the-Funnel Metrics?

When it comes to marketing funnel KPIs, here are some of the funnel metrics that you can use to help assess the efficiency of your upper-funnel strategies:

Impressions

One of the most basic marketing funnel KPIs that marketers use is impressions. Impressions are the funnel metrics that refer to the accumulated times each post is served to users. For example, a post was viewed 500 times on different social media channels, such as LinkedIn, Facebook, or TikTok. It means that post received 500 impressions. This marketing funnel metric can become the foundation for brand awareness. In such instances, it would be best to use the cost-per-thousand impressions as part of the marketing funnel metrics.

Reach

Don’t confuse impressions with reach. Reach is the marketing funnel KPI that measures the number of unique people a post has served across different platforms. If impressions track how many times the post has been viewed, reach excludes those that have already viewed the post more than once.

But, like impressions, the reach can also give an overview of the effectiveness of a marketing campaign.

Website Traffic

Website traffic is another critical marketing funnel metric you can use to assess the success of your top-of-the-funnel marketing campaigns. However, it’s important to note that it’s also directly related to the other funnel metrics that you may be using, such as lower-funnel metrics and direct response measurements.

Average Session Time

Average session time or average time on the page refers to the length of time visitors spend on the page. It’s a great sales funnel KPI that shows if the prospects interact or engage with the content posted or shared. So, the more time they spend on the page, the greater their interest in the products and services offered.

Bounce Rate

The bounce rate helps you understand the number of users who visited the page but left the page without performing any action. It can be derived by dividing the number of single-page sessions by the total number of sessions.

A higher bounce rate can indicate poor interaction or engagement. It may mean that the posts did not rouse the visitors’ interest or are irrelevant to them. This perhaps led them to exit the page without doing anything. In general, a healthy bounce rate is between 30% and 70%.

What Are Lower-Funnel Metrics?

What are Lower-Funnel Metrics?

Also known as bottom-of-the-funnel metrics, lower-funnel metrics refer to the peak of all sales and marketing efforts. It includes all the assets that persuade prospects to buy products and avail of the services offered. As such, sales funnel metrics should focus on effectively showcasing offerings.

In short, it measures the overall impact of the campaign. For many, it’s the metrics that bear the most weight in a sales and marketing funnel. It’s like the best time to seize the opportunity to convert prospects to buyers.

It’s the time when aggressive campaigns must happen since it can mean prospects are ready to buy, and it’s crucial for the sales team’s to know when to tip the bucket so these prospects will favor them over a competitor.

Prospects want to buy, but they also want to make sure they’re making the best decision. This is where marketing tactics should focus on addressing their needs and solidifying your edge over others. In short, their buying journey should be as frictionless as possible.

Some efforts to focus on include:

  • Build buyer confidence
  • Promote brand trust
  • Eliminate product doubt

What Are The Metrics During Acquisition Funnel

What are the Metrics During Acquisition Funnel

The customer acquisition funnel refers to the blueprint that tracks and monitors the effectiveness of sales and marketing efforts in attracting and retaining clients or customers. When effectively applied, it can provide an insight into how campaigns are doing and provide a helpful guideline when it comes to improving the results.

Many prefer building a customer acquisition funnel because it’s critical in attracting, engaging, retaining, and converting customers without making huge investments.

Creating a customer acquisition funnel is relatively easy and simple. However, it can also be tricky, particularly when it comes to choosing the appropriate acquisition channel to use that serves the best interest of the business.

Wondering what funnel metrics are used during the acquisition stage? Here are the most commonly used ones:

Impressions

Impressions, as mentioned, can measure the number of times a page with an ad was visited or content was shared on someone’s feed. It’s often sold and measured based on cost-per-mille (CPM), which refers to the cost to achieve 1,000 impressions.

While it wouldn’t give a holistic picture of how effective the strategies are, it can be a valuable first step to increase brand awareness and assess lead generation strategies.

Click-Through Rate

The Click-Through Rate or CTR is the ratio of the number of people who click on the call-to-action (CTA), such as an email link, landing page, or ads, divided by the impressions. For instance, a post with 15 clicks and 500 impressions will have a CTR of 23%. A high CTR can indicate higher interest in the message or content. A low CTR should signal that changes in the messaging are necessary.

Conversion Rate

Another critical funnel metric at the acquisition funnel stage is the conversion rate. This KPI, when tracked accordingly, can tell the number of people who acted on the messaging and went further into the sales funnel.

Again, further action will depend on the conversion goals set for the given stage within the funnel. Conversion rate can refer to:

  • Request for a callback
  • Purchase of a product
  • Sign-up for a webinar
  • Download of an e-book
  • Subscription to channel

Since the actions can vary, it might be best to break down the conversion into different stages like prospecting, lead conversion, and sales conversion. This way, it’s easier to get an overview of each marketing strategy.

On top of the marketing KPIs mentioned, it’s equally important to have a solid marketing strategy that captures a wide range of funnel metrics, such as getting the cost per lead or cost per customer acquisition is advisable. These funnel metrics will help identify potential return on investment for all the marketing initiatives.

A robust acquisition funnel keeps processes on the right track. It helps businesses avoid losing their prospects as they wade through the different stages of their buying journey.

Similarly, these metrics can also help ensure customers find what they need while enjoying a positive experience.

Conclusion

Finetuning sales and marketing funnel metrics offers several benefits. For starters, it can help determine specific areas that need attention by helping you identify loopholes in the campaign. Second, the insights gathered can help determine which marketing efforts worked. And with this data on hand, there is an objective reason to direct more resources to that particular sales funnel.

How Does iOS 14 Affect E-commerce Marketing?

Apple iOS 14 has seen privacy changes. The corporation seeks to make the processes more transparent. They want to explain to users what data will be transferred to the developer when installing the application. It may collect data about geolocation, unique user IDFA number, personal data, and data about other applications on your phone or the site owner, in case of actions on the site.
All App Store apps, those you’ve already installed or downloaded for the first time, will have to ask users for permission to track their actions through the App Tracking Transparency framework. Suppose the user refuses to transfer personal data; in that case, the unique identifier of the Apple mobile device (IDFA) will not be transferred to the developer of the application or the owner of the site, which will affect the Apple iPhone advertising.
You understand what the user is doing; you can track site visits, purchases, app installs, app actions, thanks to The Identifier for Advertisers, which is very important for iPhone advertising.
You, as a user, will become even more anonymous and the app developer or site owner does not know who subscribes or purchases products.

Impact Of Privacy Changes In Apple iOS 14

Impact of privacy changes in Apple iOS 14
  • Privacy changes in Apple iOS 14. The new advertising for iPhone policy is forcing all web platforms to move to a new framework that restricts and delays event/conversion reporting. These changes have been done in such a way so, even indirectly, you cannot compare the site visitor and their purchase, learn a little more about the user than he is ready to tell us.

Facebook iOS 14 has already responded to this demand and switched to modified attribution windows in all advertising accounts. Now, the windows attributions are installed not at the account level but at the level of ad groups.
What is the impact of changes to attribution windows? IOS update Facebook will have fewer data to optimize in long-term campaigns (with a long decision cycle).

  • Updating ads on iOS 14. Retargeting audiences (site visitors, custom audiences based on in-app actions) will gradually decrease. Though, there are certain tips on how to make your ad more effective. It is still impossible to say how much the volume will change since there is still no understanding of how users will react to push applications requesting tracking permission. According to Facebook iOS 14 forecasts, many users will decline them or give limited access to their data.

It will also be impossible to retarget or exclude those visitors who have opted out of tracking from the site views, as they are in the blind spot for tracking. Therefore, experts expect audience overlap and increased competition, which leads to higher auction prices and CPA.
From the downloaded databases (by phone, email, from CRM), users who have abandoned tracking will also be excluded over time, affecting Apple iPhone advertising.

E-commerce Marketing Changes Related To iOS 14 Update

Who is affected by the iOS 14 update?


Most of the e-commerce brands used Facebook for their products’ promotion. Indeed, for years this social media showed itself as a very profitable platform, as it charged small commissions while offering impressive traffic. Yet, its status as the best ad platform was shaken with its ads revenue policy
Facebook has been doing online advertising much longer than other platforms. Facebook is by right regarded as the oldest and profitable social advertising platform. These are essential factors affecting e-commerce, but the Apple iOS 14 privacy changes could alter that.
With the new update, all e-commerce sites need to be adapted to advertising and targeting.
The iOS update for Facebook changes almost everything. We need to look for new ways to reach the audience, not forgetting the new privacy rules.

Who Is Affected By The iOS 14 Update?

The recent iOS 14 update will primarily affect mobile apps creators, online traders, and e-shop businesses. Any e-commerce marketing that relies on online advertising, data collecting services, or retargeting will need to adjust to changes in privacy laws.

Application DevelopersiOS 14 update ads will affect mobile apps that rely on ads. For many years, Facebook has been the primary provider of digital advertising.
Digital MarketersAbout 70% of Apple users share data with app publishers. This number has decreased with the release of privacy updates. But as developers adapt and improve their subscription messages, strategies, and approaches, the number of users will grow.
Small Online BusinessCompanies that have relied entirely on Facebook’s paid digital advertising have found it difficult to reach their target audiences and revenue. Nevertheless, those companies that managed to adapt in time avoided difficult financial situations.

“Event Prioritization” Function

To support the e-commerce sellers, Facebook launched an “event prioritization” function. Therefore you will be able to get small analytics of the user’s shopping experience. There are several main peculiarities of this function:

  • The limited list of priority events. Facebook will only be able to register one event made by users who have opted out of tracking. Therefore, you need to prioritize eight events according to your funnel. You can customize up to eight events. 
  • Analysis of the priority. Facebook will let you know about the top priority event. In case a user added a product to the cart but then wondered what else to buy and got distracted by the call and left the site, Facebook will provide you with the analytics of the buyer’s cart.
  • Limited info on user’s activity. If you saw the entire funnel earlier and could count the conversion of each subsequent step/stage. Now you will only know one event from the user’s entire journey.
  • Ads optimization. When you create an ad group, you choose one of 8 designated conversion events to optimize. Consider whether you need to optimize your ads for non-priority events or events at the top of the funnel, such as landing page views or link clicks. Facebook iOS update events can be prioritized, but you will need to pause your ad campaign for three days until the changes take effect.
  • Optimization for value. Facebook has a separate type of optimization for advertising campaigns Value optimization (works for app installs, conversions, sales from the directory). Facebook uses machine learning to predict how much return on investment (ROAS) a user can bring. The ad system receives data on the purchase value and seeks to find users who will purchase with the highest value.
  • Statistics of the purchases. The system will not obtain accurate data on the purchase amount from users who have opted out of tracking. But Facebook will give you the statistics on the popularity of the purchase. The analytics will be based on the number of purchases of the product.

Thus, if you set up events for viewing a product card, adding to cart, shopping, + selecting four price ranges, you occupy six slots out of the available eight. Please be aware that after the Apple iOS 14 privacy changes take effect, it can take up to 72 hours for event priorities, ad groups, and post-edit ads to be published.

Priorities For Event Prioritization Function

Priorities for event prioritization function

These feature has undergone considerable changes:

  • The usage of slots. Unlike the web (where you only have eight slots), there are 63 slots for events and Value Sets for apps; you can use standard and customizable events. You cannot use all 63 slots and set 10 events, where one is the least important and ten are the most important.
  • Additional customizations for an ad. The separate ad account on Facebook iOS 14 has new customization fields and additional notifications. Instead of a column with an attribution window, you’ll see Apple’s SKAdNetwork API. Facebook will remind you that statistical modeling of results is being applied in the metrics columns at the ad and ad group levels.
  • Additional customizations for apps. App campaigns also have a type of Value Optimization. In contrast to the web for applications, it is possible to specify more precise, narrow ranges (from 0 to 1 $). Within applications, there are more different scenarios of user behavior and different actions that carry different values ​​(registration, purchase of different types of subscriptions, in-app purchases, in-game activity, etc.).

What App Owners Need To Do

  • Provide Privacy Policy information to App Store Connect.
  • Update to the latest Facebook SDK (8.1 or later) or Mobile Tracker SDK (Adjust, AppsFlyer, AppMetrica)

For mobile trackers (Adjust, AppsFlyer, AppMetrica), check how they integrate with the SKAd Network framework. Each has its own documentation. For example, AppsFlyer will not see retargeting campaigns and post-view attribution data.
On the whole, these changes might cause some challenges for many online traders. And you have two options in such a case: you can whine and complain, without doing anything, or you can accommodate these innovations and take advantage of them. Anyway, they are unavoidable, but it is only up to you whether they are profitable or limiting. With the right usage of the upgrades, you can magnify your analytics numbers considerably.

FAQ

Apple policy prohibits collecting and sharing certain data unless people choose to be tracked on iOS 14 devices via a hint. As more people move away from tracking on iOS 14 devices, ad personalization and performance reporting will be limited for apps and web conversion events.

Apple uses its iAds program to serve ads directly to iPhone applications. It builds on existing apps that iPhone users have already installed or downloaded on their phones. IAds places small advertisements at the top or bottom of an open application, giving users one-click access to a web link.

Apple is updating its latest operating system to iOS 14, and it will limit user information exchanged with Facebook, prohibiting specific data collection and sharing.

Businesses & brands who run Facebook Ads & Facebook Business Tools to:

  1. Target audiences
  2. Track web conversion events (click, form submission, etc.)
  3. Advertise mobile apps
  4. Optimize ads

Best B2B E-commerce Platforms

The key to successful online trading is not only offering well-demanded products but using the right e-commerce platform. Best B2B e-commerce websites offer various tools to ease the trading and help you to make it more profitable. But is e-commerce worth trying?

The answer is yes, as each year online trading becomes more and more popular. Some analysts forecast that by 2021 the number of online customers is expected to reach 2.14 billion. And that number will grow with each year, making online commerce a very profitable business. Though it also has its drawbacks. A large number of customers makes it a highly competitive sphere. That’s why people are in constant search of the best B2B e-commerce websites.

A subscription to the right e-commerce platform is the best variant if you are a beginner. In this way, you can be sure to have certain assistance. Various sites offer various tools and functions, like additional advertising, or the possibility to display your products to a selected group of customers. Most software offers these functions for an additional fee, but some are free. So, it is important to choose the most convenient for you!

10 Best E-commerce Subscription Platforms

10 Best E-commerce Subscription Platforms

Choosing the best framework for e-commerce is crucial when it comes to online trading. Here we want to give you the list of the best platforms for e-commerce!

1. Shopify Plus

This platform was created in 2014, and by now it is one of the largest e-commerce websites. Over 1.7 million brands and companies work with Shopify from 175 countries. Generally, the number of sales is estimated at around $314 billion. The site is available in 20 languages. The site also offers one of the best search engines to specify your needs. 
The subscription per month depends on your income, but it starts from $2,000.

2. BigCommerce Enterprise

This site is relatively young, as it was founded in 2019, but it has already gained the trust from such companies, like Toyota. This e-commerce platform offers a free-trial subscription model, which is best for newcomers. Moreover, the site is easy to manage. 
BigCommerce offers three subscription models: 

  • Standard. Offers you basic trading features, for $29,95 a month
  • Plus. This one is regarded to be the most popular, as it offers you some extended set of functions for quite a reasonable pricing of $79,95 monthly
  • Pro version. Gives you a vast range of tools and functions, for example, the best search engine for profitable e-commerce. This will cost you $299,95 each month.

3. OpenCart

OpenCart is rightfully considered as one of the best frameworks for e-commerce. This one is utterly free to use, with no monthly commissions, which is a great advantage. Besides, it is one of the largest online trading platforms with more than 342,000 customers. 
Also, it offers you around 13,000 different themes and modules for your shopping profile, to help you create a popular e-shop.

4. Presta Shop

This is another framework for e-commerce, which is considered to be among the best ones. The number of its users has exceeded 1 million. This website works with more than 250 agencies that will gladly offer their assistance to you. 
PrestaShop is also free to use, but if you want some additional functions or themes, you will have to pay small fees.

5. Woo Commerce

This is one more e-commerce platform that offers the best features for a $0 subscription a month! WooCommerce was founded in 2011, and now it supports 26% of online shops. This platform offers various functions and security features. For example, you can hide the prices from unregistered users, also you can create a group of customers, who can see certain products, unavailable to others.

6. Oracle Netsuite

This platform is especially popular with mid-sized businesses. The website offers you several themes and also allows you to customize and improve your shop by using JavaScript, HTML, or CSS. 
If you are not very skilled in coding, Oracle Netsuite will gladly offer you already-made templates of themes and codes. To subscribe you will need to pay $2,500 a month.

7. 3dcart

This is one of the oldest online marketing sites, considering that it was established in 2001. The site offers you various functions, including the best e-commerce search engine as it uses the latest SEO optimization. 
It also has a reliable security system, like PCI Certified hosting and SSL technology. The price is also very democratic: only $379 each month.

8. TradeGecko

TradeGecko is among the best b2b e-commerce websites worth trying to work with. The company manages orders worth $14 billion from users worldwide. The company has an easy interface and also tries to simplify the trading experience for its users. 
TradeGecko offers a free 14-day trial. If you are interested in further cooperation, the subscription prices vary between $39 to $599, depending on which function package you choose.

9. Oro Commerce

This is another popular e-commerce platform, with a built-in CRM system and SEO options. It also supports B2B, B2C, and B2X e-commerce. Oro Commerce also provides you with great security functions, trade analytics, and many other tools that will increase your profits. 
The company offers two subscription models:

  • Community is a free source, which you can download from the site.
  • Enterprise, which opens a lot more exclusive functions for you. To get info about your commissions you will have to write to the team.

10. Magento

Magento is powered by AdobeInc and offers vast functions for its customers. It has decent customer support, a security system and is also one of the best e-commerce search engines that use SEO, CRM, etc.
You can submit to a yearly subscription model for $22,000 or pay $2,000 a month.

What Is B2B E-commerce?

What is B2B e-commerce and how to make it successful?

E-commerce is usually subdivided into 2 groups B2B (Business-to-business) and B2C (Business-to-consumer). The division depends on the different customers’ requirements and the customer’s capacity for purchasing.

B2B is a large e-commerce niche, where the sales and purchases are completed between two businesses. Commonly, B2B and B2C stores offer their customers slightly different options, though both provide you with the best e-commerce search engine to improve your trading analytics. And though it is considered to be less popular than B2C, actually it is a lot more profitable than the traditional B2C trading. 

B2C implies that the trade is completed between a company and a common customer. When you order a fancy shirt from an online shop, that is considered as B2C e-commerce.

All the frameworks considered to be the best for e-commerce, offer these two options. But, why do they offer different functions to each of these? The key to this answer lies in the purposes of cooperation.

What is the difference between B2B and B2C? You see, B2B customers are usually big companies, which are involved in manufacturing or massive trading. For example, there’s a company that manufactures fabrics and other raw products required for making clothes. 

These products are sold to distributors, wholesalers, or straight to the common customer. One company that makes clothes completes several B2B transactions to buy these raw materials. Then it sells the final product, shirt, or pants to an ordinary consumer. There are certain differences between these two online trading niches, which mostly concern the targeted purchaser. That’s why the best b2b e-commerce websites offer different functions:

  • Impulsive and Rational buying. Ordinary B2C buyers tend to make impulsive purchases, while B2B tries to plan their spendings.
  • Short and long-term customers. Usually, ordinary people don’t stick to one trader. They buy the desired product and “sail away” to search for another. B2B customers try to establish certain cooperation with each other. 

Fast delivery and fixed delivery. B2C customers usually focus on the speed of delivery, while B2B requires the delivery to stick to the schedule.

FAQ

Different sources name different platforms when asking this question. So, we decided to name 3 platforms, which are usually put into the top 3: Shopify, BigCommerce and OpenCart. These three are considered to be the best, as they offer a wide range of tools and functions, are very popular among people, and have quite democratic submission fees.

Online trading is not difficult to start, yet, to be successful in it you will have to put in some effort. Quite a lot depends on how you will promote your site

First of all, you should decide if you want to focus more on the trade with other businesses or wholesalers, etc, thus you will be a B2B. Or you simply want to work as a private trader, therefore more as C2C. When you finally define what you would like to do, you should select the platform that offers more advantages to your type of business.

Well, it is not particularly safe, but also it is not that dangerous. Just pay attention to the trader’s site. There are a lot of tricks on how to decipher a scammer.

Competitor Analysis In E-commerce

Competitor analysis is an essential part of any business’s marketing because every enterprise operates in a competitive market. And to form a strategy, you need to take into account the specifics of the product or service and understand those external factors that directly or indirectly affect the company’s development.

The e-commerce market is growing from year to year – strong players are strengthening their positions, and there are more and more new ones. The boom in marketplaces around the world is stimulating the active development of the market, creating new user experiences and expectations from online shopping. At the same time, many market participants cannot withstand the competition and fade out, losing in price competition for the buyer. According to a 2019 study, 46% of e-commerce businesses rate their level of competition in the marketplace as very tough. Only 1% said their business is out of the competition!

If you are not one of the latter, then almost any competitor is just a click away from you. Therefore, before entering the e-commerce market, you really should pay attention to one of such priority tasks as competitor analysis before the fight. Even when you don’t see your competitors, that doesn’t mean they don’t exist. Read our article to the end, and we guarantee that you will discover new knowledge that will help you achieve success in your online business.

In this article, you will find answers to such important questions as:

  • Why do competitor research?
  • What are the stages of systemic competitor analysis?
  • What conclusions can be drawn from the collected data and how to take them into account when developing an online store?

Why Is Competitor Analysis In E-commerce Needed?

Why is competitor analysis in e-commerce needed

It is strange that the competitor analysis is still not part of every marketing strategy because if you use it in various online stores, it will help to:

  • Realize a unique selling proposition (USP) and differentiate yourself from your opponents, or at least, not be inferior to them.
  • Determine your competitors’ internet marketing strategy. Know top traffic sources and marketing budget.
  • Create a budget for advertising campaigns that is not divorced from reality and initially focus on those channels and tools that the competitor pays special attention to.
  • Analyze the functional features of competitors’ sites, identify weaknesses and determine a roadmap for the development of your site
  • To probe the assortment and pricing policy.

Most developers do competitor analysis when developing a website, and rightly so. But the process itself is chaotic:

  • Analyzed are those whom the customer indicated as competitors in brief.
  • Or those whose interface the UX designer liked.
  • The analysis does not take place in the context of all competitors at once.

First, with such a non-systematic approach, there is a high risk of being wrong. It is not a fact that the solutions used on the selected sites are correct. Secondly, it is quite difficult to assess the competitor advantages and form your USP, identify patterns in the interface and cover all the functional features of the competitors’ online store. But this article describes a process where all risks are minimized, and it sets priorities in the roadmap for the successful functional development of the project.

What does a correct competitor analysis consist of?

Since we set ourselves the task of developing a competitive online store and predicting possible ways of developing functionality, our competitor analysis contains the following basic stages:

  • Sources of traffic
  • Usability of the site
  • The selling component of the platform
  • Content
  • Website technical optimization

But before that, you should first think of finding competitors for analysis using the tips below.

Identifying Key Competitors In E-commerce

Identifying key competitors in e-commerce

It is necessary to select competitors based on different marketing characteristics. One of the most important is the “target audience and their needs”. This characteristic is refined based on the questions:

  • Whether your products/services are aimed at the same audience as the offers of this competitor?
  • Whether the products/services of the competing company solve the same needs that you are solving?
  • Do members of your audience meet the products/services of the competitor in question when looking for ways to meet their needs?

If the answer to all questions is yes, then the company is your competitor. It is essential to know that products may differ from each other, but solve similar needs, so you need to consider this stage carefully.

Other criteria are also critical (price/quality ratio, market share, product range, etc.), and it’s okay if you analyze a competitor that is far ahead of you in all respects (that is, choose not quite close). Such an audit will give you a lot of helpful information. The main thing is not to research those who are significantly behind you.

Where to find competitors?

  • Survey of employees and target audience. Ask them what competitors they’ve heard of.
  • Top search results and contextual advertising. Use basic queries for which customers can search for you. For example, if you have 20 queries, select those companies that have appeared in the search results 4 or more times. It is also important to consider those competitors who hit the top for basic search queries in the shortest time.
  • Ratings. Find industry rankings and take the leaderboards. For example, for the query “rating of construction companies”, there are many selections with arguments for the position of companies at the top.
  • Search in social networks. Using keywords, you can find popular groups and social media accounts hosted by your competitors.
  • Services. Special services will help to simplify the task of finding competitors. Their use allows finding statistics (top positions in search results, page meta tags, visibility, traffic from search, semantics) to reveal the strengths of competitors’ sites.

You should pay special attention to sites with the lowest bounce rate, good pageview depth, and traffic from search and social networks. It is necessary to select from three to five companies from the general list – this is the optimal range for assessment. You can expand this list by adding one company that is larger than you in scale or holds a significant share of the market. You can learn from it an interesting experience.

Analysis Steps For Competitor E-commerce Sites

Analysis steps for competitor e-commerce sites

In our article, there are four main areas which it is better to check:

  • Sources of traffic. Particular attention should be paid to the traffic source – the main channel from where rivals get customers; this can be traffic from search results, contextual advertising or referrals from social networks, and so on. You can use Similarweb for this. Thus, you can understand what competitor advertising really works and take this experience into your company. If the main traffic sources are Facebook or Google, then you can use AdScale to create a powerful advertising campaign on these channels to establish new sales options.
  • The convenience of use. The first thing you should pay attention to is how the site is arranged, how many pages, sections, and texts it has, and how the content is designed. It is also equally important how simple and intuitive the catalog is, whether the menu is convenient and whether all the necessary sections are included. What matters is how quickly and easily the user can find all the information they are interested in. For example, your competitor is a large furniture store. The client wants to buy a “Sliding wardrobe” and going to the competitor’s website sees a catalog with a convenient and obvious menu; at the necessary section, it is possible to filter goods that have value, photos, characteristics. All these elements are aimed at ensuring that the visitor takes the targeted action.
  • The selling component of the site. The main goal of any e-commerce site is to sell. Therefore, it is worth assessing the selling component, which consists of:
    • Company’s pricing policy (prices are lower/higher than the market or like everyone else)
    • Range of products
    • Availability of a guarantee for the goods
    • The convenience of contact information
    • Availability of different communication methods
    • Existence of discounts, bonuses, and other loyalty programs

As a result, you can conclude where you are inferior to them from the client’s point of view and find ideas that need to be implemented in your business.

  • Technical optimization check. This stage consists of the analysis of such parameters as page load time, adaptability to mobile devices, broken links, sections, visual elements. Search engine optimization (SEO) also refers to the technical side of websites. Seeking sites for search engines allows you to get more traffic, and therefore leads. The main SEO parameters are positions in search results, phrases for ranking competitors, reference mass. Thus, you will receive information about the technical optimization of competitors. And also a list of shortcomings in your site that need to be corrected.

In addition to these critical parameters of competitor analysis, there is another one called content, which is of great importance for attracting the target audience of a competitor. Let’s take a closer look at it.

Content For A Selling E-commerce Site

Content is a key element of a selling site, whether it is a description of the services provided or an overview of a product. The content should be clear and exciting for the user. Firstly, it is worth checking the text on the main page and the pages of categories of goods or services. Pay attention to:

  • The point. What is the meaning of the text? What is trying to convey to the visitor? Put yourself in the client’s shoes and evaluate how beneficial this text can be for them. This way, you can discover the correct way of writing articles.
  • The quality of the text. The quality of the text is assessed by the excellent uniqueness of the text and its volume. Look at the number of characters in the texts of competitors, and it will be optimal to identify the average value and stick to it. However, you should beware of texts with useless, redundant, and insignificant information. Also, pay attention to the text style- this is how succinctly the text is written. If competitors have low-quality content, you still need to improve your texts. Thus, you can turn them to your advantage.
  • The presence of pictures and videos. Empty text is of little interest to visitors. Pictures, infographics, and videos increase audience engagement and retention. Even if your competitors do not use media content, use it for yourself, and you will benefit.
  • Structure. It is always more pleasant to read the text divided into paragraphs, with bulleted lists, without very long sentences and a single narrative logic; this can be called taking care of the reader. So, it is recommended to use it in any text.

As a result, you will receive a list of improvements for your content, which is best written down in a table convenient for you. Also, pay attention to whether the companies have a blog, what, and how they write. Part of the traffic received from information requests can convert.

Undeniably, internet marketing skills are required to conduct a good audit. The most vital step in competitor analysis in e-commerce is to draw the correct conclusions and highlight good ideas. Whatever your personal feelings, and no matter how objectively you try to approach the assessment, there are statistics, the psychology of human behavior, and other wisdom. In addition, the amount of experience and knowledge may not be enough to identify all the disadvantages, to look deeper than a confusing text about delivery terms. But if you succeed, you can achieve only more. Knowledge in the classical marketing field, presentation of the market situation, and experience will help you determine your strategy for developing your business on the internet. All this together makes it possible to complete the analysis and achieve the goal correctly. And for maximum results, all you need is the perfect advertising to beat any competitor. Use our helpful bits of advice and AdScale to help propel your business to new heights!

FAQ

Each e-commerce competitor has its strengths and weaknesses, but these can be easily identified with the correct analysis.

The main goal of competitor analysis of any industry or market is to obtain sufficient information about the strengths and weaknesses of a competitor, their strategy, intentions, and opportunities to improve the effectiveness of their own actions, both in sales and advertising.

The value of competitor information is great because it allows for more systematic and representative market data in relation to consumer research. In this way, the forecasting of future technology/product market trends can be improved.

A competitor analysis should include a detailed study of the activities of the main players in the industry, starting with price analysis, advertising, assortment, and ending with a detailed SWOT analysis of competitors.


Full Guide On CMS For An E-commerce Site

Surely in some cases, you have heard or talked about the term CMS, but at the same time did not know for sure what it means. When you are deciding to begin an e-commerce business, this term is often used in most conversations. But what exactly is an e-commerce CMS?

Today, it is more than just online sales. Every year, e-commerce content management systems are getting more and more worldwide approval as a great way to handle an online business. According to eMarketer, the e-commerce share of total global retail sales will hit 23% by 2023. In turn, this indicates a huge opportunity to make a name for yourself in the market, expanding your sales and company awareness thanks to CMS.

Therefore, if you still have doubts about what the phrase “CMS for an e-commerce site” is, and you do not know what these systems are for, as well as their characteristics or advantages over other technologies, then it is time for you to start to understand everything. And for this reason, we have prepared a convenient article for you. In it, we will talk with you about what a CMS is and everything connected with it that you should know. In addition, at the end of our article, you can see some of the best CMS for an e-commerce site.

What Is CMS For An E-commerce Site?

What is CMS for an e-commerce site?

A Content Management System is a program that just runs in your browser. It lets you build, organize, and transform a website and its content without any programming knowledge. Such software provides you with an easy graphical user interface. Here you can manage all aspects of your e-commerce site:

  • It helps the user to post messages with handy tools that are easily accessible from the admin panel.
  • Online retailers actively use the content management system to sort the product catalogs of their e-commerce stores.
  • Also, with the help of CMS for an e-commerce site, you can customize the overall design of the site in order to maintain the correct impression of new users from the products being sold on it.

It is fair to collectively call the entire process the creation and editing of digital content, which is not limited only to the actions we have listed. There really are plenty of them! In other words, an e-commerce content management system is a convenient infrastructure that performs all the backend store management functions of an online shop.

It is also worth considering that e-commerce CMS software comes in two main kinds:

  • SaaS CMS (software as a service). It is a way to distribute an e-commerce content management system on a rental basis. That is, you do not need to buy a CMS and order an individual development. You just need to configure the product issued by the supplier for your tasks and pay a monthly (or yearly) subscription fee. One of the best CMS for an e-commerce site is BigCommerce and Shopify.
  • Open-source CMS. This software meets the following conditions: the program can be freely used for any purpose; availability of the source code of the program; you can freely distribute copies of the program; the program is free to improve and publish your improved version. Thus, using this software, which is often placed on its own hosting, is absolutely free, and users have complete control over the website’s functionality. Some free systems include payment for additional features. The best CMS for this type are WooCommerce and Magento.

How Does The E-commerce Content Management System Work?

Now that you know what a CMS is, it’s time to understand how they work, and the best way is to give you an example. Imagine you need to create a web page with books. When you put a new book on the market, you need to create your web page, which takes time because you need to create the HTML structure, make sure it works, integrate it with the entire page, put the appropriate links on the main page and much more. It might take an hour at the very least. But would it be best to use CMS for an e-commerce site in this case? Definitely yes. It will be a matter of five minutes because it saves you from the whole process of creating a page from scratch because it is already in charge of programming this structure. You just need to specify what content should be on this page, URL, and photos, and that’s it. As a user, you don’t need to worry about the technical part because the CMS will take care of it, giving you more time to focus on your database, content, and strategies to make your online store visible.

Pros And Cons Of Using A CMS For An E-commerce Site

A content management system is a perfect choice for many website owners. However, it can also come with some drawbacks. Here are the most important pros and cons of using an e-commerce content management system:

Pros:

  • Using the CMS does not require any programming knowledge.
  • It is very easy to install and update both the CMS and the related themes, plugins, and extensions.
  • You can choose from hundreds or thousands of pre-designed themes.
  • You can also add additional functionality with plugins or extensions such as SEO, security, newsletters, social media buttons, and online stores.
  • CMSs come with user role management features. You can quickly set up various user roles such as subscriber, author, editor, and administrator.
  • Most have a huge community, including support forums, online chats, Slack channels, group meetings, and more.
  • CMS is well documented. You can access online docs, FAQ pages, theme and plugin descriptions, tutorials, and videos.
  • Most of the systems are free to use, so you only need to pay for the domain and web hosting.

Cons:

  • Pre-designed themes sometimes look so-so. Although the themes are customizable, you may come across many other sites with similar designs if you choose the popular one.
  • CMSs are less flexible than handwritten websites. If you need a unique feature, you may need to hire a programmer to implement it.
  • Websites using popular CMS are most often the targets of hacker attacks. However, security risks can be significantly mitigated by using a security plugin.
  • CMS can slow down websites. Pages usually do not load as quickly as on a hand-coded website. In most cases, you will need additional plugins and extensions to increase your page load time.

How To Choose The Right CMS For An E-commerce Site?

How to choose the right CMS for an e-commerce site?

When choosing a CMS, there are many things to consider. A CMS that works great for one site may not work as well for another. It is always helpful to listen to the experiences of others, but you also need to assess your own needs before making a choice.

Here are the most important questions you need to answer:

  • What type of site do you need? For an online store, choose an e-commerce CMS like WooCommerce or Magento, or similar. Of course, many have heard of WordPress, but this system is a better choice for a blog.
  • What kind of design do you want? Before choosing a CMS, look at the themes they offer. Do they have any that you can choose for your site?
  • What features do you need? Check if the CMS has plugins or extensions for everything you need, including security, caching, marketing, social media sharing, advertising, and SEO.
  • How much can you spend on your website? You have to pay for the domain and web hosting. While most plugins, extensions, and themes are free, some more advanced ones come at a price. Calculate the total cost you have to pay each year.
  • Will you have additional needs in the future? For example, if you’re planning to build an online portfolio, choose a CMS with a decent selection of portfolio plugins.

To make sure you’re picking a good CMS for an e-commerce site, you must consider that the platform you are interested in includes the optimal level of automation, navigation, and link management. Support for documents and multimedia files, that is, formats that can be downloaded, the ability to manage images, documents, videos, etc. Don’t forget that the best CMS for an e-commerce site should have excellent search capabilities, be SEO-optimized for search engine rankings, support for user rights and features, as well as have multilingual support and the ability to return to a previous page version quickly.

The Best CMS For An E-commerce Site

The best CMS for an e-commerce site
  • Shopify. It is one of the most famous e-commerce companies. Shopify offers five pricing plans, with Basic Shopify being the most popular and Shopify Lite the cheapest. Newcomers are better off working in BigCommerce Essentials. It has the ability to add any number of managers, unlimited disk space, and no commission for payments. Dealing with the platform is easy, thanks to the convenient admin panel. Integration mainly with foreign systems: Apple Pay, Amazon Pay, PayPal, eBay. The plus is the integration with Facebook, Pinterest, and Instagram. There are built-in SEO features like custom URLs, metadata editing, and robots.txt.
  • WooCommerce. It is a great and famous e-commerce plugin built with WordPress. The system is open source and can transform a WordPress website into an online shop. For those who have previously worked with WordPress, WooCommerce will be easy to navigate. Basic tools for online trading are presented here, and there are hundreds of free and paid extensions. The platform is customizable, but it is not particularly suitable for large projects. It is more tailored for microbusiness. In terms of search engine optimization, the plugin manifests itself at a high level: sitemap, meta tag markup, URL, and more.
  • Magento. One of the most convincing and famous e-commerce engines in the world. It has broad functionality for multi-channel interaction with customers. At the same time, Magento Commerce combines incredible flexibility and versatility. So it is possible to create projects of any level on it: from traditional retail online stores to large-scale B2B portals and marketplaces. Experts talk primarily about the possibilities for scaling and growth, transparent architecture, flexibility, and security, which allow stores to withstand high loads and support many integrations without losing performance. The platform is presented in two editions Magento Commerce (formerly Enterprise Edition) and Magento Open Source (formerly Community), the platform’s free version.
  • PrestaShop. Serious enough platform for creating a medium to a large online store. Developed on the Smarty framework, which allows you to customize templates for different niches. This CMS can withstand loads in the form of a large number of modules, products, and content. However, for full-fledged work, you need to choose a certain hosting. Multilingualism and multi-currency allow you to create online stores around the world. The management of goods and the catalog is also well organized: discounts and promotions, coupons, blocks with recommended products and bestsellers, product comparison, customer comments, import using CSV files, personalization in the design of product cards.
  • BigCommerce. A well-known internet builder that provides ready-made solutions for various company formats and popular niches. BigCommerce positions itself as a service for medium and large businesses. For companies that are just starting their online business, there is a simplified version of BigCommerce Essentials. This option is one of the best CMS for e-commerce sites and can download products from Excel and easily upload to popular marketplaces like eBay, Amazon, Pinterest, and Facebook. There are all the standard tools that packaged CMS offer: filters, brands, SKUs, reviews.
  • Wix. Suitable for small sites, one-page projects, and online stores. The service estimates that there are more than 150 million Wix builder users in the world. It can be used to create not very large but high-quality stores. A proprietary feature of Wix Code allows you to create databases and program the behavior of elements depending on the given conditions. Kind of like scripting, but in a GUI, no coding. This builder is suitable for both beginners and web development gurus.
  • OpenCart. An extremely popular e-commerce content management system in the Chinese market. OpenCart is free and has over 1,000 design templates and decent functionality. It has 14 thousand additional extensions from accepting payments to integration with courier services. OpenCart for e-commerce newcomers is one of the best free solutions, as even the basic version is enough for the development of an online store.

Content management systems make it possible for anyone to have a successful online presence, whether you are an individual performer, a startup, or a founded company. And a great addition to this kind of software is AdScale, an e-commerce advertising platform. Thus, utilizing advanced technologies in combination, you can achieve the most positive result in promoting your business!

FAQ

MS is a web template to build your own online page.

An e-commerce content management system is a pre-installed, configured, and ready-to-use resource content management system, which is a set of scripts and templates with broad functionality for creating full-fledged online stores on their basis.

Shopify is one of the most popular e-commerce platforms on the internet and an excellent CMS for an e-commerce site.

CMS for e-commerce simplifies the user’s work without requiring any programming knowledge; therefore, it is very necessary for beginners who want to create a quickly successful business from

How To Use Your E-commerce Store Data To Build Highly Targeted Audiences

Like most e-commerce stores, your advertising today probably relies on third-party data from Google & Facebook tracking pixels to create targeted ads for your products. The problem is that with the new Facebook pixel update that significantly limits your ability to track users, it is time to look beyond third-party data.
If you haven’t already, now is the time to start collecting first-party data to build your own custom audiences and find alternative ways to target customers.

What Are First-party Data Audiences?

First-party data audiences are audiences you create based on data that you collect from your own store. Essentially, these are audiences that are built without help from the Facebook pixel or any third-party cookies. Using your store’s data, including behavioral data, purchase data, and more, you can build audiences based on users who:

  • buy a certain type of product
  • make regular purchases
  • are based in a particular location
  • have certain interests
  • interact with your site in a specific way

You can then target these audiences with greater accuracy by using a range of marketing techniques.
AdScale Audiences List

How To Use First-party Data Audiences

AdScale Advertising Plan

Once you have collected first-party data, you can use it in several ways to create more personalized experiences for your users. For example, you could create an audience based on those users who are interested in a specific type of product in your store, then target them with ads on Facebook or Google.
You could send highly personalized e-mail and SMS campaigns featuring specific products and discounts that they have a high possibility of being interested in. Or you could create personalized content based on their specific interests to use in your marketing campaigns.

Benefits Of Using First-party Data Audiences

Using first-party data audiences has several advantages for your e-commerce business:

  • It’s free—You can collect first-party data for free and use it to deliver personalized experiences over and over again without having to pay for it.
  • Create customized messaging—You will know exactly what your customers want, meaning you can target them with the right message at the right time according to their stage in the customer journey.
  • Highly accurate—First-party data is detailed, precise, and up-to-date, so you can use it to target your customers and predict purchasing behavior with confidence.
  • It’s yours—You are never dependent on third-party data so you don’t have to rely on any other sources.

How To Generate Audiences From Your Data

Hopefully, you can see the power of first-party data for your e-commerce business. But how should you actually generate audiences based on your own data? Manually generating audiences is tedious and involves analyzing and segmenting each audience. It’s not a dynamic process, and the audience is only correct at the specific time of the analysis rather than being updated when new data is collected after generating the audience.
AdScale is here to help. We do all the hard work for you by dynamically generating audiences based on your own set of rules. You can then use the audiences in your own advertising campaigns using AdScale to create personalized, highly targeted campaigns that generate more conversions and sales.