E-Commerce Retailer and How to Use Web Analytics
I worked with Dr. Amen and his team
for a short time, this year, and learned a lot from the e-commerce team about
the tools they used to monitor and build traffic and sales for Dr. Amen’s
supplement brand, Brain MD.
I don’t know if this is the case
for every e-commerce brand, but having interviewed with a couple and having
insights into Bran MD’s shop, it appears that the company needs several tools
to gather the full picture of what is happening on their site.
For example, Magento is a software
tool that enable the shopping cart experience on a website. This tool allows
the company to understand the customer lifetime value, to calculate ROI and to
build highly-targeted email lists based on purchasing behavior. While this is
definitely valuable information, there is more to the picture of web analytics
needed to run an effective e-commerce site.
Enter: Shopify, which allows the
company to track abandoned-cart sales and allows you to accept credit cards for
transactions. Some would argue that Shopify is enough for e-commerce, but our
team seemed to need both to get the full picture and to offer the full
experience.
Listrak is also a player in
e-commerce, this was used to create the email series/campaigns needed once a
customer is in the funnel. For example, with Listrak, you have the ability to
set up welcome series emails, nurturing emails for those who don’t purchase on
the first visit and follow up/promotional emails to those who become repeat
customers. It also serves as the platform for thank you emails and other
correspondence with customers, such as an announcement for a discontinued item,
etc.
With all of these tools in place
the company is able to track the full customer journey – from entry to
purchase, to subsequent purchases and so-on. BrainMD created a monthly
subscription service and was able to utilize the data from Magento and Shopify
to determine the average customer order, and to make daily saies projections
and goals.
The team was also able to utilize
Listrak and Shopify to follow up with those who abandoned their cart and those
who became repeat customers. They had highly-targeted messaging depending on
the shopping behavior of each client and ran promotions and special
correspondence when appropriate.
On page SEO consisted of product
descriptions, customer reviews and FAQ articles that helped them utilize
keywords that they researched and determined to be included in a customer’s
search for multi-vitamins and other supplements.
BrainMD did not have any links to
reputable companies, however they do offer an affiliate program and part of an
affiliate agreement includes placing their link back to our page from their
site. Having read Fleischner’s recommendation that it’s better to have fewer quality
links rather than several lower-ranked pages linked, I see now that I don’t
believe this tactic was actually managed as well as it could have been.
BrainMD does utilize social
posting/sharing and You Tube Videos to also increase their search-ability, so
they are covering off on the opportunities that have evolved over time. In
addition, I know they were working on placing “Guides” that would include
keywords and phrases that should also boost their rankings.
Switching gears, I interviewed for
a Digital Marketing job at Sugarfina and learned that they are also on Magento
and they also have various supporting software (similar to Shopify, etc.) to
create their universe of digital/web analytics.
In addition, Sugarfina offers their
product at stores like Bergdorf-Goodman, Nordstrom and Bristol Farms. These “affiliates”
are all linked via their “locations” page which is lifting their SEO and helps
them maintain their “Artisan-Boutique” brand equity via organic SEO. In their
first 5 years of business, they have relied on organic see and 95% of their
traffic is from that channel. They are just now exploring paid and other
digital opportunitites because they have been able to build the brand from
strong SEO tactics.
Optimizing SEO is an ongoing
strategy that needs to be managed. Some companies think they can set-it and
forget it, however, any thriving e-commerce shop is interested in all levels of
data so they can use it to create better traffic that turns into more qualified
leads and ultimately, more sales.
It is important to know what
marketing activities are working and to be able to move quickly on trends with
your products, segment and customers. Web Analytics are essential for any
e-commerce site. It would be a true waste of time and resources to continue to
pursue site visitors who have no intention of purchasing. Knowing your data and
looking at it from various angles will help you stretch your dollar, investing
it more wisely into servicing people who are your true custoemrs.
References
BrainMD Health | Dr.
Daniel Amen's Brain Supplements. (n.d.). Retrieved from https://www.brainmdhealth.com/
Ecommerce Software -
Best Ecommerce Platform Made for You - Free Trial. (n.d.). Retrieved from
https://www.shopify.com/
Fleischner, M. H.
(2014). SEO made simple: Strategies for dominating the world's largest
search engines - Google, Yahoo!, and BING.
An Introduction to
Analytics for Ecommerce Websites. (n.d.). Retrieved from
https://blog.kissmetrics.com/intro-to-ecommerce-analytics/
Magento Business
Intelligence | Magento. (n.d.). Retrieved from
https://magento.com/content/Magento_Business_Intelligence?ls=Advertisement&lsdet=ao+Google+-+BID&utm_source=google&utm_medium=cpc&utm_campaign=magento1+%7C+ao+-+na+-+brand&utm_term=%2Bmagento+%2Banalytics&utm_content=brand+-+magento+business+intelligence+-+analytics&gclid=CjwKCAjw0qLOBRBUEiwAMG5xMKdpSus3SnrURjV0CJWCzAjS64SNOvLUSA-gDWweiPJuoD2YU0Kt1RoCYMIQAvD_BwE
Sugarfina | A Luxury
Candy Boutique. (n.d.). Retrieved from https://www.sugarfina.com/
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