How Can Retailers Reduce Digital Shopping Cart Abandonment?

Brand asset management is an organizational practice that involves collecting and managing all assets of your business in one place. For example, logos are something used very often on different platforms and social media. You should be able to access them easily at all times.

Direct to consumer marketing is a growing marketing strategy that eliminates the middleman and allows manufacturers and suppliers to sell directly to the end consumer. Businesses that independently manufacture, market, sell, and ship their own products are increasing with each day, hence DTC marketing is changing the whole business world. 

Thinking of what to sell on Amazon? With the holiday season approaching, shoppers are going through Amazon and adding their favorite products to their wish list so they can buy them as soon as the discounts hit.

Here is a fun fact: According to a study, using a DAM system can help marketers shorten time to market and increase high fives in your organization by 500%. Pretty interesting, right?

Metadata can also capture rights, licenses, and pricing for a digital asset.

Omnichannel retailing, like multichannel retailing, takes place over several channels. There is no omnichannel without multichannel.

Table of contentsSocial Media Management Tools: Hootsuite Top FeaturesProduct Information Management (PIM) tools: ApimioTop FeaturesEmail Marketing Tools: MailchimpTop FeaturesWebsite Analytic Tools: Google Analytics Top FeaturesInventory Management Tools: InFlow inventoryTop FeaturesSEO...

When selling online, the only way to bring your products to life is through product descriptions that tell a story and images that allow customers to visualize your products. Product content should be complete, accurate, and compelling to drive conversions. It’s essential to an effective omnichannel commerce strategy.

A Product Content Management system used for creating, managing, sharing, organizing, and categorizing any product-related data. The solution ensures a seamless flow of products from the start to the end of the product cycle.

A PCM ideally handles product attributes, categories, descriptions, images, and other marketing material, all things that help centralize product data and enable multi-channel selling.

A product variant is a unique variant that is used to identify specific products. Some products share common attributes, but there are some attributes that differ; these are called variants. Each product variant has its own unique identifier, such as price, and every variant is based on the same product definition.

Import products quickly to your Shopify store via CSV, or directly import products from your dashboard to Shopify using a PIM tool.

Shopify is a cloud-based e-commerce platform that giant brands and new entrepreneurs alike use to create online storefronts.

Shopify has a large customer base, and with time the platform has become extremely adaptable for different types of users. It takes minutes to set up a store and customize it to your liking.

Choosing the right platform for your Digital shopping cart abandonment is a big problem for online retailers. This happens when a user initiates a check out process on your online store but abandons the page before completing the purchase. So any product that was put in the cart but not purchased by the customer will be considered as “abandoned”. 

Dropshipping is an order fulfilment method that does not require a business or entrepreneur to hold inventory or keep products in stock at a warehouse. Instead, they can set up a store with all the products that they’re selling, and each time an order is placed, it will directly be shipped to the customer by the third-party supplier.

Techniques to improve size, resolutions, background, camera angle and SEO for images to boost clicks and effectively increase sales

A product description is what describes the features and benefits of your products to potential customers. The aim with product descriptions is to provide the customer with enough information to make a well-informed decision. It should compel the user to buy the product immediately. The product description should be so convincing that the user thinks “I really need this in my life.”

Choosing the right platform for your store is a crucial decision which will have a lasting impact on your business. You have to consider the cost of each platform, and decide whether you want to opt for an open-source platform or a cloud-based solution. After thorough research, we have gathered the 6 best e-commerce platforms in the market that you can use to jump-start your online business.

Table of contentsWhat is Master Data Management (MDM)?What is PIM?How do PIM and MDM differ?Why should you use a PIM system over a MDM to optimize product data?Can PIM and MDM systems go hand in hand? What is Master Data Management (MDM)? Master Data Management or MDM can mean different things to...

An ERP contains different parts of data, including product, customer, logistics, and financial.

A PIM system on the other hand is designed solely to manage and store product information in a central location, and optimize it for sales and marketing purposes.

The e-commerce environment is constantly changing and evolving, with new technologies embracing the market. Companies are consistently battling each other to win a greater share of the pie.

Our biggest prediction for 2021 is that e-commerce will be taken over by M-commerce, with social media like Instagram and Facebook dominating online shopping.

Spreadsheets are a no-go for you when it comes to managing your e-commerce stores and product information for various reasons.

I’m here to highlight the various issues that arise with the use of Excel spreadsheets, and why it’s time you move to more efficient solutions; namely: PIM.

When it comes to e-commerce, visuals are a driving factor in the consumer’s buying decisions. If you get them right, you’ll be rewarded with a new sale, get it wrong and you’ll lose a potential sale and customer. Product images are the first things users notice, even before they read the product’s description. It’s crucial to put out pictures that don’t compromise the quality and load time of your e-commerce website.

Table of contentsProduct Data — Draws a Detailed Picture of your ProductPurchase Decisions — Driven by Rich Engaging ExperiencesPurchase Journeys — More Circular than LinearMaintaining High-Quality Product Data is ChallengingSingle Source of Truth — Product Information ManagementAlso...