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Moving on next to
the tactical strategy.
The tactical approach is based on the intelligence
gathered in the first three months, and is a direct
ROI approach where you can measure the success of
campaign.
Essentially, because we have learnt why customers
are mostly likely to abandon, we can set up an
‘automated response’ module to respond to potential
customer’s abandonment reasons. As an example, here
are some tactical responses that have been effective
in helping to ‘re-commerce’ customers on other
sites:
1. If a customer has left the store with items in
the shopping cart, you could invite the customer to
enter their email address and send a link to the
shopping cart. The customer then has only to click
the embedded link and reconnect with the store,
which gives you a chance to increase conversions.
2. Let’s say one of your customers abandoned the
site because the product was not in stock. Here you
provide an ‘electronic rain check’.
3. Many visitors come to just browse the e-commerce
store. A latest newsletter with your product
offerings and promotions would keep the channel open
to reconnect to your e-commerce store.
4. After a visitor has abandoned without shopping,
you could offer real-time discount promotions to
encourage shopping process completion.
In summary, if an e-commerce site can tap into those
important abandoning customers, a powerful reconnect
and re-commerce strategy can be developed to get
customers back and increase conversions.
Listening to customers, learning from them, and then
leading them back to your site is an effective and
smart way to maximize the potential of existing
internet property and increase ROI on online
e-commerce investments.
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Re-Commerce™ Matrix |
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Product interested
to purchase |
Abandonment Reasons |
|
Price is too high |
Not in stock |
Just Browsing |
|
Laptop |
Offer instant rebate |
Offer rain check and to send email
reminder when in stock |
n/a |
|
Plasma TV |
Offer instant rebate |
Offer rain check and to send email
reminder when in stock |
Collect email address and send email
relating to information for Plasma TV. |
|
MP3 Player |
n/a |
n/a |
n/a |
Now THAT IS Re-Commerce™.
Read more by clicking the links below...
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