Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018...

38
www.netcore.co The E-Commerce Marketer’s Guide to Deep Personalization Personalization Playbook: 8-13% Increase in Web Conversions Guaranteed <15Min to Integrate 6-9% Increase in Add to Cart

Transcript of Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018...

Page 1: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

HH

www.netcore.co

The E-Commerce Marketer’s Guide to

Deep Personalization

Personalization Playbook:

8-13%Increase in Web Conversions Guaranteed

<15Minto Integrate

6-9%Increase in Add to Cart

Page 2: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

Table of Contents

Chapter 1: Growing burden of choice in e-commerce

- Increasing volumes has led to an overwhelm of products

- Shoppers filter through an overwhelming number of

products to find what they need

- Retailers must invest in helping shoppers find what they

need while also promoting wider catalogue discovery

- Retailers are lagging in personalization, but they

understand it is the future

Chapter 2: Retailers must invest in data and technology for

better personalization

A. Personalize pages across your website

- Personalize product showcase banners

- Personalize category pages

- Personalize product detail pages

B. Show a personalized store front to each user

C. Customize search to show more relevant results

- Auto complete search queries

- Make the results super-relevant

- Prioritize the products the user is interested in

D. Personalize re-engagement touchpoints to bring

shoppers back

- Personalized email retargeting

- Personalized push notifications

Chapter 3: Marketing automation technology is a key for

success with personalization

3

7

9

18

23

29

35

netcore.co

Page 3: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

Growing burden of choice in e-commerce

As volumes in e-commerce continue growing, both consumers and retailers are

struggling to deal with the overwhelm of products on offer.

For consumers, more is not necessarily better. With the ability of e-commerce stores

to host a virtually infinite number of products, and the proliferation of smaller more

niche brands, shoppers today must filter through a massive number of products to

find the few that interest them. Relevant products with offers that serve their needs.

But with stores carrying more SKUs than ever before, the ‘ecommerce overwhelm’ is

hurting the shopping experience.

According to a report by Accenture, “nearly 2018 Personalization Pulse Check

half (48 percent) of all consumers have left a business’s website and made a

purchase on another site or in-store simply because it was poorly curated.

This statistic has increased in

every region surveyed last

year, indicating that digital

experiences are trending in the

wrong direction.” The Accenture

survey interviewed over 8,000

consumers from North America,

Europe and Asia Pacific.

netcore.co

Page 4: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

E-commerce retailers meanwhile are investing more energy to push discovery of an

ever-growing catalogue of products. They must allocate more resources to

technology and staff to ensure that customers are not overwhelmed and navigate

away to another retailer simply because there were too many choices.

The challenge for e-commerce brands is how to meet consumer needs and

find uniquely personalized ways to serve all of them without creating an overwhelm

of choices.

Using a mix of technology and data strategy to understand customer choices for

personalizing the online experience is the most promising solution. However,

companies are lagging when it comes to personalization. And there is a constant

increase in customers’ expectations from e-commerce retailers to personalize their

shopping journey.

Accenture’s report re-affirms the importance of personalized shopping journey for

over 90% of the consumers surveyed.

of consumers are more likely to shop with brands

who recognize, remember, and provide relevant

offers and recommendations.

91%

netcore.co

Page 5: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

Which three digital-related areas are the top priorities for your organization in 2018?

(Regional Comparision)

Methodology note: Respondents could select up to three options.

E-commerce companies recognize the importance of deep personalization and

understand that their users expect a better shopping experience. A report by Adobe

and Econsultancy, , highlights that ‘Targeting and2018 Digital Trends in Retail

personalization’ was the number one priority for e-commerce marketers across

North America, Europe and Asia Pacific.

Targeting and personalization

Customer journey management

Conversion rate optimization

Mobile optimization

Content marketing

Social media engagement

Video content

Multichannel campaign management

Brand building / viral marketing

Marketing automation

Search engine marketing

Customer scoring and predictive marketing

Joining up online and offline data

Content management

Mobile app engagement

Programmatic buying / optimization

Real-time marketing

Social media analytics

Voice interfaces

34%34%

28%

24%24%

28%

25%25%

15%

24%24%

16%

19%22%

19%

18%18%

36%

16%24%

18%

15%19%

31%

15%18%

13%

13%12%

9%

12%8%

6%

7%5%5%

6%5%

6%

4%4%

16%

1%1%1%

14%13%

18%

14%6%

12%

7%12%

9%

9%13%13%

North America Europe Asia Pacific

netcore.co

Page 6: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

And interestingly, delivering personalized experiences in real-time is the most

exciting priority for marketers for the next few years.

The that, “Retailers recognize that the quality of customer Adobe report notes

experience will increasingly depend on being able to serve up the most relevant

content and messaging.”

Looking ahead, which of these do you regard as the most exciting prospect in three years' time?

(Retail Vs. Other Sectors)

Respondents (retail): 353Respondents (Other sectors): 3,768

Delivering personalized experiences

in real time

Retail Other sectors

37%

36%

17%

18%

14%

13%

13%

15%

12%

9%

6%

6%

1%

3%

Utilizing artificial intelligence / bots to

drive campaigns and experiences

Internet of Things / connected devices

e.g. wearables, audience tracking

Engaging audiences through virtual

or augmented reality

Enhanced payment technologies

e.g. mobile wallets, e-receipts

Voice interfaces

e.g. Amazon Echo. Google Home

Other

The value of personalization is clear – both for retailers and consumers. E-commerce

companies need to build a 360-degree view of their customers to truly understand

their unique preferences, needs and emotional triggers.

In practice however, technology, data and skilled resources remain significant challenges

for ecommerce companies. These have held back their personalization efforts.

netcore.co

Page 7: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

Retailers must invest in data and technology for better personalization

‘The State of Retailing Online 2019’, a report by US National Retail Federation and

Forrester Research details the challenges and strategies around personalization for

retailers in the US.

The top 10 barriers to improving online

personalization were unsurprisingly

ALL related to technology, data and

automation capabilities.

Even though the technology has

improved massively over the last

couple of years, ecommerce retailers have been slow to understand and embrace it

for their stores.

Progressive marketing automation and data platforms are helping e-commerce

companies to effortlessly build detailed profiles of shoppers and automate content

recommendations to make them appealing and relevant. Today, this can be done across

the shopping journey – on their website, emails, notifications, and even social media.

Rewards of these investments in personalization are significant and long-lasting.

In this e-book we take a deep look at leading personalization techniques that

e-commerce marketers can implement on their websites to boost customer

engagement and promote loyalty.

netcore.co

Page 8: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

"What are your three primary challenges to implement and grow/evolve your personalization

strategy and tactics?"

Base: 57 retailersSource: "The State Of Retailing Online 2019," an NRF study conducted by Forrester Research

Inability to track targeted customers

through entire jorney37%

Attributing marketing performance to

individual programs, campaigns or channels

Creating a single view of the customer

with other marketing channels

Managing data quality / inconsistent level

of quality among data sources

Lack of technology resources

Coordinating different delivery platforms

Siloed organization pursing different

types of personalization

Access to relevant data

Changing existing business

processes

Lack of internal talent resources

Buy-in from rest of organization

Siloed data

Lack of personalization governance

Coordinating siloed marketing teams

Privacy regulations

35%

32%

26%

21%

18%

16%

16%

14%

12%

12%

12%

5%

4%

26%

1. Personalize pages across your website

2. Show a personalized storefront to each user

3. Customize search to show more relevant results

4. Personalize re-engagement touchpoints to bring shoppers back

netcore.co

Page 9: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

A. Personalize pages across your website

E-commerce marketers understand the tremendous value of personalization across

the shopper journey, but efforts in the past have mostly been limited to website

retargeting and email marketing. Retailers have been slower to adopt deep

personalization of their web stores.

With thousands (and sometimes millions) of products spread across hundreds (and

thousands) of pages on a typical e-commerce store, a user rarely has the time or

willpower to browse products beyond their immediate interest. They either search

for the product by brand name and product type or go straight to the category of

interest and filter down from there.

Shoppers don't have the patience to stick with a single store either. If they cannot

find what they need they are likely to bounce off and go to a search engine or a

competing store to continue their journey.

Personalization cuts the time between the initial urge to browse and the event of

finding the right item thus reducing the odds of them leaving your store.

This does not translate to shoppers spending less time on your site once they find

what they need. Delighted by the good experience, such shoppers stick around

longer to continue browsing related products.

netcore.co

Page 10: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

Time spent on retail site

SHOPPERS THAT DIDN'T CLICK

A RECOMMENDATION

SHOPPERS THAT CLICKED

A RECOMMENDATION

2.9MINUTES

12.9MINUTES

An and 250 million visits analysis by Salesforce of over 150 million shoppers

to ecommerce websites show that deep personalization delivers a massive lift to

your revenue.

The Salesforce analysis shows that by encouraging up to 4.5X more shoppers to move

swiftly through the purchase process, personalized recommendations boost

checkout rates and revenue.

SHOPPERS THAT CLICKED RECOMMENDATIONS ARE:

Shoppers who engage with personalized recommendations have also been proven

to frequent the store more and spend more dollars with the store in their lifetime.

netcore.co

Page 11: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

Clearly, shoppers who engage with personalized recommendations are among your

most loyal and profitable customers.

Marketing automation today offers the capability to build 360-degree profiles of

each of your shoppers. With the rich data on each user, you can personalize the

pages on your store to recommend products based on their unique profile.

E-commerce retailers can personalize the experience on your website in hundreds of

different ways. Here are some important ones that you can start with low effort.

1. Personalize product showcase banners to drive more users to category listing

and product display pages.

Product showcase banners are a great way to push users to specific product

pages and to make them transition smoothly between different categories.

E-commerce websites can further personalize these banners based on

individual user’s historical behavior to take them directly to products and

categories they are most likely to purchase or engage with.

SHOPPERS THAT DIDN'TCLICK A RECOMMENDATION

SHOPPERS THAT CLICKEDA RECOMMENDATION

19%

Likelihood to return to site

37%

Products viewed

Shoppers that clicked a recommendation viewed 4.8 times more unique products per visit.

netcore.co

Page 12: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

Watchshop, a UK-based watch retailer, did something different with their banner

personalization. Knowing that they often get customers from across the Atlantic,

they used geo-location targeting to personalize the showcase banner on the

homepage with USD-specific content to make customers from the US feel more

welcome.

Coastal.com, an online eyewear retailer, differentiates between new and returning

visitors to show them personalized content. To entice first-time users to make their

first transaction on the store, it shows them a banner with a 15% discount on their

first purchase. Returning visitors see an option to refill their contact lens supply

instead.

netcore.co

Page 13: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

2. Personalize category listing page to prioritize products the shopper is likely

to buy.

With marketing automation, you can easily customize the category listing pages

for each visitor. You can set up the system to use both individual and aggregate

customer data for reordering the products within individual categories.

For example, let’s assume that a user arrives on the electronic category

page and the system has tracked that in the past has he spent 15% of his

browsing time on audio equipment. Clearly the shopper has a strong interest in

audio products.

Based on this information, the system can automatically show him more

personalized banners for audio gear. like headphones and speakers, at the top

of the electronics category page on his future visits.

netcore.co

Page 14: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

Category-level re-ordering can also be done in real-time, for example, based on

the previous products browsed in the same session. This increases the

likelihood of the customer on clicking and progressing through the shopping

flow as they see more recommendations relevant to their current ‘moment of

interest’.

This data can also be combined with ‘products popular with other customers’ to

deliver a recommendations list with more variety to the shopper.

Recommendations that combine his individual choices with the ones of other

users with whom he has an overlap in preferences.

3. Personalize product display page

When customers spend time on product listing pages, they give strong

signals about their preferences – for product type, brands, ratings, and their

current needs.

E-commerce retailers can encourage buying behavior on these pages by using

personalization to show a curated list of products in individual widgets, for example:

l customers that viewed the current product also viewed

l other best-selling products related to the product

l products that other customers bought after viewing the product

l products that are offered as a combo with the current product

netcore.co

Page 15: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

Product display page personalization can accelerate the shopping journey by

showing other products from the same or closely related categories that the user

has viewed in the past.

For example, similar jeans and complimentary lounge Fashion Nova recommends

sets on its Shopify webstore.

Customizing product pages for each shopper can show tremendous results for e-

commerce stores. If you think about the flow of a purchase journey, a product page is

the penultimate page for a shopper before they move to the checkout process.

It’s important that the page delivers what the shoppers expect. But also keeps them

engaged to continue the journey to other products they may be interested in.

For example, on their Pura Vida Bracelets created two recommendation categories

product pages generating over 24M recommendations and 1.6MM clicks, 7.9%

average conversion rate and over 10% of overall revenue.

netcore.co

Page 16: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

Personalizing product and category pages has three clear benefits.

First, it creates more diverse ideas in the mind of shoppers about different products

they could buy which they may not have thought of on their own. This encourages a

shopper to think of new products and categories he may be interested in – either

now or in the future.

Second, it improves the visibility of your catalogue by promoting discovery of hidden

gems which may not be popular yet but have the potential of matching the shopper’s

needs. This spreads out the page views more evenly across a larger share of your

offerings rather than always being dominated by the most popular products.

netcore.co

Page 17: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

Finally, and importantly for retailers playing the long-term game, category and

product level personalization massively improves the customer experience. It

encourages repeat behavior and loyalty thus generating a higher life-time value

from customers.

Going back to a key finding of the report by Accenture,

of consumers are more likely to shop with brands

who recognize, remember, and provide relevant

offers and recommendations”.

91%

netcore.co

Page 18: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

B. Show a personalized storefront to each user

In 1998, Amazon’s founder Jeff Bezos, had a vision of an ecommerce website that is

so deeply personalized that every user sees their own version of the store. In

an interview with Washington Post he famously said "If we have 4.5 million

customers, we shouldn't have one store. We should have 4.5 million stores."

Bezos believed that the future success of e-commerce retail was in deep

personalization – in the ability of online stores to create a unique experience for

every user from the moment they entered the virtual door.

The homepage is the virtual doorway to your store. It’s the first view shoppers get of

your product catalogue. And the first experience most will have with your brand.

Homepage personalization is an effective way to take visitors directly to categories

and products they are most interested in while offering a delightful experience.

True to Bezos’ vision from two decades ago, Amazon’s homepage today is uniquely

personalized to showcase:

netcore.co

Page 19: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

l Products and categories that a customer has browsed in the past

l A ‘Continue where you left off’ section that shows 3-4 most recently browsed

products

l Other products related to the items the customer viewed

l Recommendations and best-sellers in top categories that the user frequents

l Ability to quickly re-order products purchased in the past to generate more

ideas

netcore.co

Page 20: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

With Amazon-like extensive personalization, the homepage gets transformed into a

personalized store for each user. Their own space to start every new shopping

session. Think of it as their 'personal shopper' that removes the noise from shopping

and helps customers focus on products that matter to them.

netcore.co

Page 21: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

This 'personal shopper' understands what they need, knows their choices for

shipping and payment, is aware of their favorite brands, delivers bespoke

recommendations using their purchase history and for categories such as apparel

and shoes, even knows their size!

Your customers enjoy a deeply intimate experience every single time they visit

your store.

This is a brilliant advantage over traditional brick-and-mortar stores that always

must cater to the most popular trends for their store collection. As your customers

spend more time interacting with your store, the marketing automation system

learns more about their choices and continues to evolve the storefront to

satisfy them.

Remember your homepage is the most visited page on your website. It's a prime

space for pushing adoption of new products and increasing usage of promotions

and offers.

You can use personalization to push greater discover of the catalogue using cross-

category recommendations, deeper recommendations from each category, and

products that are extremely popular with other users while still being relevant to the

users' interest.

For example, “Just for You” section on their homepage Williams-Sonoma changes the

to outdoor cookware after the researcher browses grilling utensils. (source:

Bloomreach)

netcore.co

Page 22: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

Before Browsing After Browsing Grilling Utensils

By tracking the actions taken by shoppers on personalized homepage widgets you

can capture further direct feedback to fine tune the personalization for other

sections of your website – products, categories, search and even notifications.

netcore.co

Page 23: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

C. Customize search to show more relevant results

One important yet often overlooked area in the shopping journey is on-site search.

Back in 2013, Econsultancy found that up to 30% of site visitors use e-commerce site

search during their shopping journeys, and conversion rates for those shoppers can

be up to 50% higher than average.

This was reinforced in a of 119 2018 survey by Internet Retailer and Bloomreach

e-commerce retailers which found that in spite of the clear importance of search

only 8% of the retailers currently personalize it.

Where do retailers use browsing behavior to personalize?

Home page Landing Page Site Search

36%

29%

8%

Source: 2018 E-Commerce Personalization Report. Internet Retailer.

And site search, as a technology module, still presents a challenge to companies with

retailers experiencing multiple problems with their current implementation.

The Internet Retailer report notes that “Customers seeing irrelevant results (39%)

was the biggest challenge followed by the lack of personalization capabilities within

netcore.co

Page 24: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

the tool (35%) and the solution simply being too manual (29%). A further 37% said they

had underestimated the effort required to deploy and maintain their current site

search solution.”

The graphic below summarizes these challenges that e-retailers face with their site-

search solutions.

What challenges / pain do you experience with your current site search solution?(Multiple responses allowed)

We can't explain whysearch results are

appearing in the way that they are to others

in the company

14.3%Site search is

disconnected with the rest of our site

experience

16.0%

Others

19.3%

Tools are not user-friendly

19.3%

Solution is too manual

29.4%

Our customers often see irrelevant results or results

in the wrong order

38.7%

No personalization capabilities

35.3%

We can't prioritize which problems to

solve first

19.3%

The auto-suggestions are not

relevant or not available

15.1%

To overcome these challenges, ecommerce retailers need more automated search

solutions that optimize query results using personalization.

By personalizing the search box, bringing relevant products in the search results

page to the top, and by providing easy access to previous searches done by the

shopper, you can help them easily find the products they’re interested in.

netcore.co

Page 25: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

The reality is that shoppers who use site search are much more likely to complete a

purchase with a shorter research cycle compared to visitors who simply browse

categories.

The main difference is the presence of high intent. Shoppers who are utilizing search

functionality already have a better understanding of what they want, and their

purchase journey is at a more advanced stage.

At this advanced stage, they expect the search box to deliver relevant results

quickly so they can continue their journey to a product page. Here they can easily

view criteria like price, deals, availability in their city, payment methods and

shipping charges.

Here are three ways you can get started on improving the search experience on

your webstore:

netcore.co

Page 26: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

Autocomplete search queries as the user types them into the search box. This not

only speeds up the search process requiring fewer keystrokes, but also shows the

most recent and relevant searches for the user in a drop-down list.

For example, when a user is typing in “power tools” into the search bar, Amazon’s

search engine preempts what the user may want and brings up a list of possible

refinements of the query to quickly select from.

If this is the first time the user is making this query the list comprises the most

popular search terms on Amazon's store. If he has done this or similar search before,

the list can also include those historical searches at the top.

Beyond just category and product level personalization, you can also include

additional ' incentive-oriented' words in the autocomplete list like “clearance”,

netcore.co

Page 27: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

“combo” and “on sale” to further accelerate the purchase behavior. This gives

retailers an opportunity to promote new product ideas by combing the user intent

with other popular search queries.

Show relevant search results and prioritize based on taste. Instead of displaying

results purely matched to the query, contextually aware search can showcase

a unique set of results which consider the shopper's past activity. Personalized

results speed up the journey for these customers who are at an advanced stage of

their journey.

For example, when a user, who in the past has purchased men's clothes, searches for

'slim fit jeans', the results should be customized to show only men's jeans that are

slim fitting. Within these results you can include a section that showcases “Most

popular brands for slim-fit jeans for men” to generate more ideas.

You can take this even further by personalizing the ordering of results on the search

page, not just the selection of results. The system typically looks at the shoppers

past purchase and browsing history to show the brands, colors, sizes, styles and even

price range that the user frequents.

For example, to better understand what Forever 21 uses the session browsing data

the user is looking for and personalizes the search results in real-time. When

Internet Retailer researchers first searched for “Hoodies” they saw primarily

women's items but after browsing men's items the engine listened - and returned

more relevant results. (source: )Bloomreach

netcore.co

Page 28: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

Search is a window into the mind of a shopper

Improved search functionality on your website does more than just drive high-value

conversions. Search actions provide a valuable insight into the mind of a shopper.

Not just about WHAT they are think about, but also HOW they think when they are

traversing a purchase journey.

The search terms that a user types into the search bar can reveal key behavioral

traits of shoppers that you can learn from and further fine-tune your personalization

engine. You can further increase conversions and boost loyalty by using this

data smartly.

Before Browsing After Browsing Grilling Utensils

netcore.co

Page 29: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

D. Personalize re-engagement touchpoints to bring shoppers back

Shopping journeys switch repeatedly between moments of purchase intent and of

indifference to shopping. To attract shoppers to your webstore, you must extend

your personalization efforts to different touchpoints that reach them in moments

they are not thinking of your brand.

Illustrated by the , a typical online purchase 2019 Retail Outlook report by Deloitte

journey for a shopper in the US is very complex:

By customizing re-engagement touchpoints to deliver content and offers that

appeal to the user, the entire webstore shopping experience becomes holistic.

To connect with your customers at an emotional level you must build and use your

ability to tap into their unique motivators. Two of the most effective channels for

ecommerce retailers are:

1. Emails

2. Push notifications – in-app and desktop

Illustrative consumer-shopping journey (US)

Anna browses for

inspiration or her

social media feeds

She then searches for the

item on Google and clicks

the first link (a blog post)

The photo takes her to the

brand site, where she views

additional photos and a 360°

video of the item

Anna wants an accessory to

the item that wasn't sold by

the previous brand, so she

searches on Amazon

A week later, Amazon sends

her an email with more

suggested products based

on her purchase

Seeing something she

likes, she screenshots it,

and texts/snaps it to

her friend group

She reads reviews of the item

on the blog, then clicks a

photo of an item she likes

She creates an account on

the brand website, and then

pays with PayPal

After adding the highest-rated

item to her cart (and another

recommended item), she checks

out with her credit card

netcore.co

Page 30: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

With personalized email re-targeting your brand can present products and offers in

front of audiences at the lowest points in their interaction cycle – in their moments

of indifference.

This effectively reengages customers who probably had good experiences with your

store in the past but have lost touch or have simply tuned out because of other

priorities in their lives.

For example, abandoned cart emails are sent to users who went through a few, or

several steps of the purchase flow but didn’t complete the checkout process.

According to Salescycle.com, cart abandonment rate for Retail and Fashion stood at

75% in 2018.

Cart Abandonment Rates by Sector (2018)

Source: SaleCycle Client Date (FY 2018)

Retail

10

Fashion

Travel

Finance

Airlines

All Sectors

20 30 40 50 60 70 80 90

74.58%

74.13%

81.31%

77.97%

87.87%

79.17%

0

netcore.co

Page 31: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

The reasons for abandoning a purchase process are numerous - it could be because

of connectivity or UI issues, payment concerns, trying to find other features or

detailed shipping fees, or simply because the user was comparing total price with

other e-commerce stores.

Abandoned flow emails attract these users back. The emails get triggered from your

marketing automation platform depending on the step of the purchase flow the user

exited from.

Here are a few examples of re-targeting emails with personalized content:

l User exits from the search results page after searching for a product

Content: Send a recommendations email within 24 hours and again within

3 days with a list of the most popular products that match or are closely related

to the search terms. To make the content even more interesting, also include

products that other users viewed and purchased after searching for the

same terms.

l User exits after viewing a product page for 60s or more but before adding it to

the cart

Content: Send a personalized email with top customer reviews and other

product details. At the bottom of the main content include additional products

that are similar and are also highly rated or in the same price range.

l User exits with a product in his cart from the payment page (abandoned cart)

Content: Send super specific email with the exact cart details offering the user

additional options and an extended time to complete the purchase. Also

include other recommendations that are closely related to the selected

product.

netcore.co

Page 32: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

For example, Amazon.com sends closely related items to the user by email

Because they are super-relevant, cart abandonment emails have some of the

highest open, click and conversion rates

Cart Abandonment Email Open

Rates by Sector

Source: SaleCycle Client Date (FY 2018)

Cart Abandonment Email Conversion

Rates by Sector

50

40

30

20

10

0

Fashion Retail Travel Finance All SectorsNon-profit

43%42.5%38.2%49.3%41.1%44.1%

3.5

3.0

2.5

2.0

1.5

1.0

0.5

0

Fashion Retail Travel Finance Non-profit

2.9%2.46%2.67%3.09%2.92%3.33%

netcore.co

Page 33: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

E-commerce retailers can also leverage personalized push notifications – both in-

app and on the browser/desktop – to attract disengaged users back to the store.

Even though content such as cart abandonment, recommendations based on

browsing history and popular products works well for this medium, notifications are

better tuned for more in-the-moment alerts that induce a sense of urgency in

shoppers.

Some types of content that is very effective for push notifications are:

l alerts for limited time discounts or open sale

l when the user left products in the cart without checking out

l when new products added to a category/brand store which the user engaged

with in the past

l when previously browsed or wish listed products are back in stock

l alerts for shipping and delivery status changes

l introducing new features or services recently launched on your platform

For example, that may go well with a H&M sends suggestions for additional items

previous product the customer bought. “If a user purchased a pair of trousers from

their store, they’d get a notification on their phone urging them to grab a pair of

shoes that would go just perfectly with the pants.” (source: )PlobalApps

netcore.co

Page 34: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

Remember, to use reengagement channels in the right quantity and with high

relevance.

Poorly designed content in emails and notifications or an abusive frequency of

alerts can quickly snowball into a bad experience for users turning any returns on

their head and driving your shoppers away.

E-commerce retailers must keep enhancing shopper profiles to create more

interesting combinations of content for re-engagement touchpoints.

Marketing automation technology has made it more effortless. You can easily

integrate data from numerous sources to build a 360-degree view of the customer

that can drive personalized email and notification content with simple rules-based

triggers.

netcore.co

Page 35: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

Marketing automation technology is a key for success with personalization

With more marketers embracing personalization as the future of e-commerce,

investments in key technologies and data platforms continues to grow.

The report shows that retail leaders are prioritizing key Adobe 2018 Digital Trends

investments in Personalization along with Marketing automation for the future.

Proportion of respondents planning to increase their budget for

digital channels or disciplines in 2018

Respondents 2017: 195Respondents 2018: 175

Marketing automation

personalization

Social media marketing

Content marketing

Audience data management

Mobile marketing

Video advertising

Marketing analytics (including testing)

Search engine optimization (natural search)

Content management

Email marketing

Lead generation

Lead management

Paid search (PPC)

Affiliate marketing

Display advertiging

Sales enablement

Webinars / virtual events

2017 2018

51%62%

57%61%

56%58%

47%56%

55%

62%53%

53%53%

53%51%

44%51%

51%

57%51%

36%47%

27%46%

38%44%

38%39%

30%38%

25%35%

16%24%

netcore.co

Page 36: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

In the past, personalization was merely limited to ad retargeting, social engagement

and email channels. Today, powerful marketing automation platforms are changing

that.

New marketing platforms are helping progressive e-commerce brands personalize

the experience across the purchase journey with a combination of data

management and sophisticated automation features.

By personalizing the discovery and purchase process of their customers, you can

improve your acquisition and conversion rates while pushing discovery of a growing

product catalogue.

Personalization goes beyond than just improving immediate bottom-line though.

It makes customers feel valued and improves their shopping experience. And that

means loyal customers and high conversion rates for your ecommerce brand for

years to come.

The technology to personalize more than just recommendations exists today...

1 to 1Segment

Product Page

Browse

Marketing

Content Page

Search

Landing Page

Recommendations

netcore.co

Page 37: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

Why Choose Netcore for Web Personalization

netcore.co

Content & Product Recommendations

Personalized Web & App Experience

Personal Boutique with Scout

AI-Powered Recommendations

Conversion CycleOptimization

Rule-Based Individualization

Page 38: Personalization Playbook: The E-Commerce Marketer’s Guide ... … · According to a 2018 Personalization Pulse Check report by Accenture, “nearly half (48 percent) of all consumers

www.netcore.co

Get in Touch:Netcore Solutions Inc.182C-102 500 7th Avenue, New York, NY 10018E: [email protected]: netcore.co

Personalization HubAI-Powered Omnichannel

Sign up to see results with our 5 week free trial

Calculate Web Personalization ROI

Calculate Now