Imagine walking into a familiar shop and then a shopkeeper suggesting you buy a product saying that it will suit your requirements. What would you do? You will seriously consider buying the product, right? This is the power of e-commerce personalization and online shopping personalization. In the second quarter of 2022, the average order of e-commerce stores was $86.2 across the US. Now calculate the average order value of your online Shopify store. If it is below the average, you should seriously consider implementing e-commerce personalization.
Want to know how you can pull up the average order value and boost sales of your e-commerce store through personalized ecommerce? Read on!
In this article, we’ll explore various strategies and techniques for ecommerce customization and personalization. Learn about the importance of personalization in ecommerce, understand ecommerce product personalization, and discover the benefits of personalization in ecommerce. Additionally, we’ll introduce you to some ecommerce personalization tools to help you get started on the path to increased sales and customer satisfaction.
What Is E-commerce Store Personalization?
E-commerce personalization is a strategy for delivering a customized shopping experience according to the online behavior of customers. In layman’s terms, e-commerce personalization is nothing more than a ‘suggestion’ considering customers’ preferences.
Here is an example of E-commerce store personalization:
If you have ordered a smartphone from an eCommerce store when you last visited the store and now it recommends you to buy a USB charger – this is personalization.
To suggest a product you need data. Here is the list of data to be collected from customers for the successful implementation of personalization:
The preferred medium of communication
Don’t worry if you don’t have data, you can tap third-party sources to get started with it.
Benefits Of E-commerce Store Personalization
Following are the benefits of providing a personalized buying experience through your online Shopify store:
Higher Lifetime Value
Personalized marketing emails and targeted advertisements imprint in the minds of users. It builds a long-term relationship with your brand since you have occupied a space in their memory and leads to customer loyalty.
Better User Engagement
When you offer personalized content/product recommendations, chances of customers engaging with it are high. This is due to the relatability of content. When users’ engagement increases, browsing time extends which increases the chances of conversion.
More Conversions
When you suggest products based on user behavior, more conversions are likely to happen.
Top E-commerce Store Personalization Strategies
There was a time when a friendly clerk was deputed to give a personalized touch to a customer’s buying journey but providing the same feeling digitally is a different ball game altogether. Following are online stores personalization tactics that you should implement:
1. Location Based Personalization
With the use of tracking cookies you can know the location of your customers or else you can fetch the data from shipping details. Furthermore, process this data for customer targeting. In other words, show products that would best fit the given customer/location.
For example, if a customer is located in Canada then it would be a smart move to show them winter jackets.
2. In-Cart Product Recommendation
Have you ever tried implementing cross-selling or up-selling? How was it? That was lucrative, wasn’t it? Imagine, you can add a touch of personalization to product recommendations. iCart – a Shopify app that recommends products in a cart aptly.
Fact – 10 to 30% of eCommerce revenue is generated from up-selling.
3. Personalized Email Marketing
Email marketing is one of the most effective marketing tools because you get 36X ROI. In other words, you get $36 in revenue against one dollar of expenditure. Now imagine what would be the result if you add an element of personalization. Simple, you can get more out of it. Here are the personalization tactics you can implement in your email marketing campaigns:
4. Create Personalized Homepages
The homepage of an online e-commerce store is like a front door. You have to keep it neat, tidy, and appealing. Moreover, if you can personalize it, it would be the cherry on top of the cake. By using cookies you can track their location, and product pages viewed previously, and accordingly customize the homepage.
For example, if a customer was browsing the ‘lady’s jewelry’ section, show them ‘new arrivals from the same product segment on the homepage itself when they visit the website next time.
5. User-Specific Campaigns
As a marketer or e-commerce site owner you should know that no two customers have the same requirements. To cater to different customers only personalization can help you serve better.
For example, offer a signup bonus to a first-time user. It’s okay if they don’t make a purchase, here the intention is to get their email address and drive conversion with promotional emails.
Don’t show this offer to existing customers because it is of no use to them. Instead, offer them a discount or free shipping on the products they might be interested in buying.
6. Exit-Intent Strategy
When a customer is about to check out, show them a personalized offer that they can’t resist. It is more likely that they make use of the offer since they are already in buying mode.
Summing Up
So these are the e-commerce personalization strategies that you should implement in your e-commerce business to boost conversions. Out of all the strategies, we strongly recommend you implement personalized product recommendations in the cart right away. Results will be astonishing, we can bet on it.
Frequently Asked Questions
Can we do E-commerce personalization with Shopify?
Yes, Shopify supports personalization. Consider using Shopify apps to deliver personalized buying experiences.
What are the benefits of personalization?
Following are the benefits of personalization in E-commerce
What are the tools one can use for E-commerce personalization?
Following is the list of tools that you can use to personalize your eCommerce store
Thanks for the informative blog post! I would like to add a few supplementary points that may benefit your readers:
1. VIP Customer Personalization
2. Personalized Mobile App Experiences
3. Personalized Product Reviews and Ratings
4. Customized Content Experiences Based on User Preferences
5. Personalized Packaging and Product Inserts
6. Personalized Virtual Shopping Assistants
7. Personalized Retargeting Ads Across Various Platforms.
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