Top Merchandising Tricks And Tips Your Ecommerce Needs

Top Merchandising Tricks And Tips Your Ecommerce Needs

Peter, as we know his characteristics by past behavior, is quite particular about his shopping habits. He doesn’t trust easily and he doesn’t get impressed easily either. Definitely, trust is a relative issue when you compare the shopping experience online with the one where you visit often in your city, the standalone market.

The shops that still highly retain the shoppers have a magnificent ‘return-again’ factor, why you may ask?

The reason being the stupendous combination of ‘human touch’ of personalization and ethical organization of products.

Even the shops with umpteen number of diverse products may not have the visibility which the other shops may have because of proper segregation. Who doesn’t like to see dairy products, bathing products, snacks, and accessories, properly segregated into different sections as you enter the shop?

A similar architecture as a well-polished replication on your eCommerce site can work wonders for your online business as a merchandiser. The online store display is no less than in comparison to the traditional storehouses.

The best way to move around is to collate a ‘Search’ experience with the ‘merchandising’ one.

‘What is’ and ‘Why’ Merchandising?

Merchandising is a technique by which you properly organize your products for online shoppers to help them make easy and quick decisions. This is to your online store what planograms is to a mom and pop store. And not just about the shoppers, merchandising revolves around growing your own revenue cycle.

But the real-time analysis displays that most of the time the Merchandisers don’t even exploit these techniques as much as they have paid for.

Merchandising techniques by Unbxd are evolved in such a way that they entice the customers and cater to the shopper’s persona in the best possible manner.

There is no denying that customers indeed like a well-structured product listing or finding their intended products faster or even be able to find more than what they came looking for.

So, how to go around it?

Revisit your Analytics tab often The most common reason for an average search experience is looking at the analytics tab only to judge the products that are selling like hotcakes. But the worthiness comes out when you check the tab for underperforming products, cart abandonment rate, zero search results, and most-searched queries. With all the parameters in place, a workaround to add diverse synonyms of the most-searched queries, avoid misspellings, and share the marketing mailers with the shoppers who left the cart without placing an order.

Act like a shopper The best way to heal the pain points of the shoppers? Act like one.

Visit your own site and try searching for queries. Look at the projected display of products and match the relevancy that appears. Why are a few products ranked higher, why is ‘Sequin Glitter Dress’ appearing when you searched for ‘Glitter Dress’, why is ‘red bag’ also appearing when you searched for ‘red dress’?

Calculate and tabulate the relevancy settings for plausible behavior. Improve your search logic with Unbxd and try to showcase only the best results that emulsify buying satisfaction.

Once you calculate the site behavior, now is the time to apply the conjectures into actions and bring in results. Let’s see the merchandising tips and tricks to do so.

—————————————————————– This is exactly what Merchandising helps you do for your site.

Therefore, we at Unbxd have defined a few merchandising techniques to cater to the buyers as well as increase sales for brands/products that you wish to promote.

So that we can make use of these slick and smart merchandising techniques efficiently, let’s understand them in detail:

Boosting Boost helps to promote the defined products on the top of your product display page when that query is searched.

You, as a merchandiser, can promote products that are bringing in more revenue or more visibility.

But how do you decide what to promote and when to promote?

The relevancy is decided by connecting the data points (clicks, carts, and orders), analyzing the popularity, price, ratings, inventory number, and date. This might seem to be too much information to consume and digest but we make it super simple for all you merchandisers out there with our easy-to-use Unbxd Dashboard.

For example, iPhone transparent covers from your catalog get the most search hits and clicks, then when a shopper searches for an iPhone, boost iPhones Covers along with them.

Why Boost: Use Case: Peter logs in to your site and is looking for ‘Harry Potter’ books. For this query you had boosted or as we say promoted the ‘Harry Potter Book’ collection at the top. Peter was actually looking for just ‘Prisoner of Azkaban’ but when he saw the assorted collection of all the Potter books at a much lesser price, he added it to the cart and later bought it.

And if you don’t offer international shipments, BURY the offers for non-domestic shoppers.

You can boost in the following conditions:

1.

Put forth the products that you feel can fetch more sales to you.

2.

New Arrivals., Due to no sales stats, they may not be displayed on the first page of the searched query but boosting them can surely help gain visibility. Like, if the new ‘iPhone’ was launched. Highlight the product to increase sales.

3.

Brands want their products to be displayed at the top. Suppose, Nike wants that whenever a shopper types ‘Running Shoes’, Nike shoes are the first ones to get displayed.

In such a way, boosting products always help. Unbxd provides you the option to create 100 levels of boost/bury groups to promote or demote certain product categories. For instance, while you boost the ‘Puffer Jackets’ for the ‘Jacket’ query, you bury the ‘Trucker Jackets’ for winters. You cater to your shoppers by boosting the right products.

The power of boost helps you dodge the shoppers to the end gate!

Filtering Filters always help to create a more manageable set of products based on their attributes. Peter was actually looking for a good pair of headphones for his trip. He typed ‘Headphones’ on the search bar and got. overwhelmed by the options. So, that is when filters come into the picture. Filters trickle-down the search results to exactly what a shopper would like to see.

But how do you decide what to filter?

When a query typed by shoppers gives multiple products then the segregation of those product attributes helps the shoppers to make a relevant choice. So, if a shopper comes to your site and searches for ‘phone’. What a generic request right? But if your site provides product attributes as ‘FILTERS’ then it becomes extremely easy. The filters are:



Price



Brand



Color



Rating

And the shopper simply goes to price, selects between 35000-50000 price range and brand ‘Samsung’. The shopper is sorted. The multiple attributes simplified his journey and they can now scroll through the products and place an order.

Why filtering?

Use Case: Whenever ‘Floral Shirts’ was searched by the people, the maximum number of them always searched for M size in it. So, you as a merchandiser, set a filter to size M whenever anyone searches for ‘Floral Shirts’. In this way, you distinctly reduced the number of steps for a shopper to shop!! Eventually shortening the path to purchase.

Slotting Slotting manifests a specific set of product categories at the defined slots. We have often seen this as a merchandising trick to place your brand products specifically at top slots to promote self brands. This is how slotting proves feasible.

But how do you decide what to slot?

Capture your top row on the display page with your own brand’s products. As you scroll down, create slots of other brands, and further down, let the ranking settings play the game and adjust the products. Peter typed ‘almonds’ on the Amazon site where he sees ‘Solimo’ (an Amazon merchandise) branded Almonds on the top row. And as he

scrolls down he sees a varied distinction of Almonds as well.

Why slotting?

Slotting ensures diversification. When sites create slots, they give a glimpse of the variety of products they carry and not just overpower the search results with their promotion.

Use Case: If people search for Almonds, the first slot shows your brand Almonds, the second slot displays other brand almonds, and the rest slots are left to be displayed based on the product rankings. Better the ranking, better the product displays on the third slot.

Banners The way eCommerce sites differentiate their shoppers depends on a lot on their marketing strategy as well. These banners are images with a clickable link that redirects the shoppers to another page where they can shop wishfully.

When to create banners?

To promote a certain upcoming product, festival, sale, or anniversary, you have to make flashy images that act as banners on the top of your site.

Use Case: It is the Ironman season and all people can search over your site are running shoes, sports t-shirts, and accessories. Your diversified eCommerce site displays products for all the brands. You decide to create a banner exclusively for the upcoming sports season with the ‘Ironman’ theme. People are intrigued and elated to find all sports accessories on one page. Banners indeed made everyone wander around your site!

Landing Page

Be it a festival, an occasion, or an upcoming sale, we need a dedicated page exclusively for all the related products at one place and that one place is called the landing page. Often when we see eCommerce sites flooded with festive feelings, they are promoting their products by creating sale banners and landing pages.

But how do you decide when to create a Landing Page?

It is January and the Clearance Sale is all set to come up across all the sites. You need to make sure that the shoppers don’t get suffocated between the Sale options or the New items. So, you create a landing page for the sale items. When shoppers are redirected to it, they scroll through options between brands like H&M stealing the show with 70% or Veromoda offering 50% flat. While the shoppers who are barely interested in buying the sale items can scroll through the main page of your site hassle-free.

This segregation lets you deal with your shoppers in the most efficient way possible.

When to use these Merchandising Tricks?

The biggest difference lies in the structure of their use. Boosting is preferred when you want to promote something on the top search results of your site like your own brand, popular products, or the recent ones added to the catalog. And

banners are created when a brand wants to promote its products at one place, or products need to be displayed for a sale or occasion which can mean a coalition of different brands.

But with slotting, you ensure the structure of your display page with the first slot of your own brand products, the second slot created for other popular brands, and the third slot for random best ranking products. Slotting can be best applied at the category list of products.

Use Case Let’s understand all three with a single example.

The iPhone is all set to launch its new product XS. The iPhone wanted to promote XS even when a person searches for a Samsung phone (BOOSTING). iPhone also wanted to promote all its phones before and during the grand launch and therefore, your site created a banner with the ‘Grand Launch of XS’ (BANNER). When shoppers click the banner, they get to the landing page with all the iPhones and accessories in one place (LANDING PAGE). But even on the landing page, it is important the way products are displayed. So, you create the top slots with the newly launched XS (SLOTTING), the second slot with the recent model iPhone 8, and the other product slots appear based on the ranking.

This is how we segregate our merchandising techniques to improve the search results and let the shoppers rely on your site for the best shopping experience!

Best Practices:

1.

Boost the high-earning brands and the new ones that are gaining popularity. Vary the inventory list with respect to locations. For example: When winters in the US, boost wintery jackets for their markets but at the same time bury them for Indians.

2.

Create banners, landing pages for occasions that mark high order value. Create slots on landing pages and ensure maximum scale out of stacked up inventory during these times.

3.

Proper A/B testing from time to time can ensure a change in the merchandising techniques if at all, needed.

4.

Try to make strong autosuggestive keywords to balance out the techniques.

5.

To maximize the benefits of the application of merchandising techniques, add synonyms for misspelled queries, and autocomplete keywords.

How does Unbxd fit in?

Unbxd has a variety of merchandising techniques that can improve an eCommerce site’s life. Though we don’t have a customary policy to apply these techniques post live or pre-live but it is advisable if it is done post-go-live. In such a

way, you get a breathing space to decide which products to promote, which filters to apply, or how to display them on the results page based on analyzing the site reports. If you need more info on the same, contact sales@unbxd.com.

Source: https://unbxd.com/blog/top-merchandising-tricks-and-tips-your-ecommerce-needs/