get the most out of ecommerce trends 2016 with these seven actionable tips

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GET THE MOST OUT OF ECOMMERCE TRENDS 2016 WITH THESE SEVEN ACTIONABLE TIPS by

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Page 1: Get the most out of eCommerce trends 2016 with these seven actionable tips

GET THE MOST OUT OF

ECOMMERCETRENDS 2016

WITH THESE SEVENACTIONABLE TIPS

by

Page 2: Get the most out of eCommerce trends 2016 with these seven actionable tips

2016

Various sales and marketing channels are coinciding with each other.

They produce a synergy effect that can take your eCommerce business to the next level.

Go ahead and see what we mean!

start

2016 is the year of disappearing barriers and blurring boundaries.

Page 3: Get the most out of eCommerce trends 2016 with these seven actionable tips

2016

Over half of the marketers surveyed in 2015 believe that social media has a direct impact on sales.

Facebook, Twitter and Pinterest offer new exciting sales opportunities with sales buttons or even...

...the ability to sell directly on your social media channel!

How to take advantage of this sales-driven social channel?

Social media and sales go together.#1

Page 4: Get the most out of eCommerce trends 2016 with these seven actionable tips

#1

What you can do today:

To do later this year:

Are you using Magento? Test Magento plugins that allow yourusers to log in with their social media accounts.

Check social eCommerce apps such as Facebook’s StoreYa.

Test all kinds of new ways to sell through or with the help of social media channels.

Invest in rich content dedicated to social media.

Check which social media channels convert best in your niche (e.g. Pinterest is more efficient with products purchased mostly by women, Twitter does well with professionals).

Page 5: Get the most out of eCommerce trends 2016 with these seven actionable tips

2016

The offline and online worlds are coming together as well.

Beacons and the Bluetooth Low Energy technology are finally becoming as popular as they have been hinted to be for the last few years.

You can communicate with your clients inside your brick and mortar store based on where they are and what they are looking at.

Is it still offline?#2

Page 6: Get the most out of eCommerce trends 2016 with these seven actionable tips

#2

What you can do today:

To do later this year:

Learn more about what leading beacon manufacturers offer (Blue Sense, Estimote, Kontakt.io among others).

Find out more about proximity technologies.

Visit the website of the Bluetooth standard and learn more about Bluetooth Low Energy.

Buy a few beacons.

Hire a software house to develop an app for them and…

...test, test, test.

Page 7: Get the most out of eCommerce trends 2016 with these seven actionable tips

2016

Augmented and virtual reality have been on the rise for a few years - they will have reached $150 billion by 2020.

But only now are they becoming accessible enough to make a difference for your business.

You can now use an app like Cimagine to let your customer visualize how your product will look like in their apartment.

Virtual and augmented reality for eCommerce? It’s closer than you think!#3

Page 8: Get the most out of eCommerce trends 2016 with these seven actionable tips

#3

What you can do today:

To do later this year:

Investigate different ways to use AR and VR in your eCommerce business.

Check out Angel List to find many startups that offer innovative AR/VR solutions.

Implement an AR solution on your website.

Use A/B testing to find out if product pages that use the AR module convert better.

Page 9: Get the most out of eCommerce trends 2016 with these seven actionable tips

2016

According to IDC, the big data and advanced analytics market will be growing at a rate of over 20% per year.

Data is used widely by businesses, but real time data only now is starting to be considered an asset.

With real time data, your marketing team can instantly react to unexpected events such as a short term rise in the popularity of a certain product.

When it comes to data, time is real.#4

Page 10: Get the most out of eCommerce trends 2016 with these seven actionable tips

#4

What you can do today:

To do later this year:

Explore free and powerful analytics tools such as Google Analytics or Piwik to take advantage of real time data.

Use various tools available on the market that let you benefit from real time data.

Kissmetrics Live allows you to instantly check whether a marketing process you developed (such as events triggered when making a purchase or adding items to a cart) works properly, since you can go through the process yourself and see results on the fly.

Crazy Egg produces heatmaps, the visualization of how your users navigate through your website. Use it to give more exposure to your most important sections.

Page 11: Get the most out of eCommerce trends 2016 with these seven actionable tips

2016

Marketers can see more clearly now that acquiring new customers is more costly than making them stay.

It is thanks to an increasingly data-driven decision-making process.

A bigger focus on the cost efficiency of retention also means that acquisition itself will in turn focus more on getting as many leads as it’s possible - regardless of costs.

The underestimated power of retention#5

Page 12: Get the most out of eCommerce trends 2016 with these seven actionable tips

#5

What you can do today:

To do later this year:

Try to use your data to find out how much it costs you to acquire a new user from each channel separately.

Think about customer retention strategies. Marketing automation may be the way to go.

Tools such as Hubspot Workflows can send automated emails in bulk to keep your existing customers informed and pleased. You can also use marketing automation to acquire customers gradually (nurturing process).

Page 13: Get the most out of eCommerce trends 2016 with these seven actionable tips

2016

Content marketing now rivals advertising as an acquisition tool.

According to Demand Metrics, it generates three times as many leads for the same price.

In 2016 content marketing will be more successful than ever before as a marketing strategy.

You may actually not need ads#6

Page 14: Get the most out of eCommerce trends 2016 with these seven actionable tips

#6

What you can do today:

To do later this year:

Estimate how much of your budget is spent on outbound marketing.

What kind of content can you create to entertain and involve your target audience and at the same time support your sales?

What kind of content do they find valuable?

Answer these questions and develop a fully-fledged content marketing strategy.

Page 15: Get the most out of eCommerce trends 2016 with these seven actionable tips

2016

eCommerce has always been a race.

It’s increasingly becoming a literal race as page speed’s becoming a make or break feature for eCommerce sites.

But now, with Amazon Prime’s same-day delivery, the meaning of “race” in eCommerce has again been redefined.

Long story short - you have to become even faster if you want to compete for the top spot in your niche.

It’s a race#7

Page 16: Get the most out of eCommerce trends 2016 with these seven actionable tips

#7

What you can do today:

To do later this year:

Improve your delivery - use quality inventory management software.

It may provide you with data on the performance of your suppliers.

Consider drop shipping as a delivery method.

Try to shorten your delivery time as much as you can.

Make it your competitive advantage.

If you succeed, tell your customers about it. They’re waiting for this!

Page 17: Get the most out of eCommerce trends 2016 with these seven actionable tips

A lot of what’s happening in 2016 is just a continuation of the trends that have been slowly emerging for years. But this time, the pace of the changes and the phenomenon of these different worlds coming together is becoming really apparent.

Make sure that you don’t get left behind - act today!

FINISH