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Presented By: Shaun Ryan CEO [email protected] Christmas eCommerce Tips Search and Merchandising for the Festive Season
23

Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

May 08, 2015

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Marketing

SLI Systems

Magento Forum Sydney, November 21st 2013
Preparing your Online Store for Christmas
Location: Auckland, New Zealand
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Page 1: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

Presented By:

Shaun Ryan

CEO

[email protected]

Christmas eCommerce Tips Search and Merchandising for the Festive Season

Page 2: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

ABOUT SLI SYSTEMS

We Love to Search

Page 3: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

SITE SEARCH – THE KEY TO INCREASED CONVERSIONS

About SLI Systems

• We’re Almost Teenagers - We’ve Been Around for Twelve Years

• Founded in New Zealand With Global Offices in Australia, New Zealand, United Kingdom and

United States

• We are Publically Listed (SLI NZSX)

• Some of Our Happy Customers – We Serve Over 600 Sites Globally

Page 4: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

BY THE NUMBERS

A Snapshot of New Zealand’s eCommerce Landscape

Page 5: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

SITE SEARCH – THE KEY TO INCREASED CONVERSIONS

Number Crunch

• Number of New Zealanders Shopping Online Has Tripled in < 10 Years (1)

• 65% of Kiwis Aged Over 14 Have Purchased Online (1)

• Close to 94% of Kiwis Have Access to the Internet (1)

• Most Popular Categories are Entertainment and Leisure (41.8%), Fashion

Products (24.9%), Electronics (17.2%) (1)

• Estimated NZ Online Expenditure $3.2 Billion NZD (Projected for 2013) (2)

• Kiwi Smartphone Penetration Among Daily Internet Users Increased to

Almost 60% (Up From 32% in 2012) (3)

• One in Six New Zealanders Now Own Both a Smartphone and Tablet (3)

(1) Source: The New Zealand Herald, Amelia Wade 2013

(2) Source: The New Zealand Herald, Julian Prior 2013

(3) Source: Scoop, Ericsson New Zealand 2013

Page 6: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

THE DIRT ON SEARCH

Improve Your Revenues By Improving Your Site Search

Page 7: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

SITE SEARCH – THE KEY TO INCREASED CONVERSIONS

Help Users Find What They’re Looking For

• Before • After

“Laptops”

Page 8: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

SITE SEARCH – THE KEY TO INCREASED CONVERSIONS

Effective Site Search

• If Consumers Can’t Find It, They Can’t Buy It = You Lose Money

• 73% of Visitors Leave a Site Within Two Minutes if the Experience is Poor

• 50% of Users Prefer to Use a Site’s Internal Search Engine, Opposed to Navigating the Site

• People Who Search Convert at 2 – 3 X the Rate of People Who Don’t

• Improving Search = Easy Way to Increase Your Revenue

• Watching Search Behaviour Helps You Understand Your Visitors

• Think About Your Site Behaviour - Do You Search First?

(1) Source: MarketingSherpa.

(2) Source: E-commerce Time.

Page 9: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

SITE SEARCH – THE KEY TO INCREASED CONVERSIONS

Understanding Visitors’ Language

• The Site Search Box Gives You Insight into the Language of Your Visitors

• It’s Often Different to the Language You Use

• Retailers See a Variety of Query Terms and Phrases e.g. Jumper/Sweater/Jersey/Top

• Monitor Changes in Behaviour, Trends and Seasonality

• Helpful for SEO, SEM and Other Advertising

• What are Users Searching for RIGHT NOW?

Page 10: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

SITE SEARCH – THE KEY TO INCREASED CONVERSIONS

Ensure You Measure Success

Understand the Key Search Metrics:

• Top Searches

• Searches with Poor Results Including Zero Results

• Search to Purchase Conversion Rate

• Average Rank of Clicks

• % Search to Click-Through

• Speed of Search Results Page (Page Load Times)

• Volume of Search Queries

Page 11: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

A CLOSER LOOK

Page 12: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

SITE SEARCH – THE KEY TO INCREASED CONVERSIONS

Why Dick Smith Approached SLI Systems

Dick Smith Approached SLI Systems in Early 2013 in Need of a Site Search Solution

• Business Problem: Users couldn’t find quickly enough what they were looking for in Dick Smith’s

large inventory, negatively impacting conversion rates. Dick Smith wanted to ensure users were

able to quickly find what they were looking for and to allow users to easily filter their search

results.

• Dick Smith also sought to increase conversions and average basket size value and enable tuning

of search results to match business objectives.

• Rolled out Learning Search, Rich Auto Complete, Site Champion and Learning Search Mobile.

Page 13: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

SITE SEARCH – THE KEY TO INCREASED CONVERSIONS

Benefits of Rich Auto Complete

• Rich Auto Complete Ensures Access to Products Directly from the Search Box

• 33% of Searchers Use Rich Auto Complete

• Conversion Rates 2 X Higher

• AOV 17% Higher

Page 14: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

SITE SEARCH – THE KEY TO INCREASED CONVERSIONS

Search Responsiveness

• Introduction of AJAX for Seamless Loading and Display of Search Results and Refinements.

• AJAX increases page performance because it only requests the necessary data from SLI’s search servers when a consumer does a search or selects an option on the search page. The improved refinements and page-load speed has led to higher conversions.

Page 15: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

SITE SEARCH – THE KEY TO INCREASED CONVERSIONS

No Results Page

Page 16: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

SITE SEARCH – THE KEY TO INCREASED CONVERSIONS

Site Champion: User Generated SEO

2nd Position

3rd Position

KEY FEATURES

• Automatically Generated • Search Engine Optimised Landing Pages• Based on Frequently Used Search Terms• Compliments Existing SEO Activities• Able to Optimise the Long Tail

KEY BENEFITS

• Increased Site Traffic• Increased Sales• Quick and Painless Implementation• Platform Independent

Page 17: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

SITE SEARCH – THE KEY TO INCREASED CONVERSIONS

Learning Search Connect for Magento Enterprise

Key Features:

• Indexes Full Magento Catalogs

• Scheduled Feed Creation and Transfer

• Fast, Comprehensive and Compliant

• Compatible with All Versions of Magento Enterprise EE1.10+ and Community CE1.6+

• From Magento Connect Extension Marketplace

Page 18: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

EXCEL: BE AN ECOMMERCE ELF

Prepare for the Silly Season

Page 19: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

SITE SEARCH – THE KEY TO INCREASED CONVERSIONS

Optimise Search Merchandising for Christmas

Suggested Actions for Top Searches:

1. Tune Results

2. Landing Pages to Promote Merchandise

3. Branding Banners

Page 20: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

SITE SEARCH – THE KEY TO INCREASED CONVERSIONS

Optimise Search Merchandising for Christmas

4. Custom Landing Pages for Christmas Products – Promote Your

Merchandise and Glean Insights into Popular Products.

Page 21: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

SITE SEARCH – THE KEY TO INCREASED CONVERSIONS

Optimise Search Merchandising for Christmas

5. Gift Finder - Establish Refinements to Allow a User to Define a Set of

Criteria for Purchase, e.g. Price, Recipient (Mum, Dad, Sister, Brother).

Page 22: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

SITE SEARCH – THE KEY TO INCREASED CONVERSIONS

Optimise Search Merchandising for Christmas

6. Suggested Actions for Poor Results - Don’t Stock What Your Customers are

Looking For? No Worries!

7. Synonyms – SIII VS. S3

Page 23: Christmas eCommerce Tips - Search and Merchandising for the Festive Season New Zealand

SITE SEARCH – THE KEY TO INCREASED CONVERSIONS

THANK YOU

Shaun RyanCEO

[email protected]@ShaunRyan