LOOKING TO BOOST 2019 eCOMMERCE SALES UP TO 12%? - Webflow
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
LOOKING TO BOOST 2019 eCOMMERCE SALES UP TO 12%? How social proof messaging will boost your conversion rates at any time of the year, but especially during trading peaks. Popular choice! Only 5 left in your size GOING FAST! 21 people have bought today 18 people have looked at this in the last hour Try today: info@taggstar.com Visit us: taggstar.com
How to maximize your eCommerce sales in 2019 Since 2013, huge online retail brands have used our real-time social proof messaging software to improve their conversion rate and sales. That’s longer than anyone else. Now delivering over one billion real-time product trend messages, and millions in extra revenue each month, we’re proud to be able to lay claim to an impressive conversion rate uplift of up to 12%*. The largest online brands see a conversion rate uplift of up to 12% using Taggstar.* We work with retailers who attach social proof messaging to everyday items like light bulbs, vacuum cleaners, dining tables and suitcases – as well as fast fashion. Some tag everything using social proof messaging to increase their chances of conversion, whereas we equally work with retailers to tag, merchandize and promote a specific item, category or campaign because of a business or seasonal need. “ Taggstar should be compulsory to any retail site and it’s great to see the success and the uplift it consistently brings. Customer for life ” Finn Christo, Head of eCommerce, In The Style, 2018 Learning from the higher average order values; higher basket volumes and much higher average conversion rate uplift that they’ve seen, the major eCommerce sites that we work with have already built social proof messaging into their eCommerce or web optimization strategies for 2019. While we’ve proven higher conversion rates throughout the year where social proof messaging is used, it comes into its own during peak retail events like Valentine’s Day, Mother’s Day, Black Friday, Cyber Monday, Back to School. The difference - and therefore the potential for you to benefit from even greater sales and revenue - is much higher. *N Brown achieved 12% uplift in new visitor conversion rate on SimplyBe using Taggstar and Monetate. Try today: info@taggstar.com Visit us: taggstar.com
What is social proof? Imagine walking past an empty coffee shop. The seats are empty and there’s no one in line. Not very appealing. It’s the same with your website - and Taggstar works by making your online shop look busy and popular. It’s about following the crowd. Studies have repeatedly shown that it’s human nature to want to copy what others do. Translate this to online shopping, knowing how other shoppers have behaved makes us feel secure in our own decisions. If we know that people like us have added to basket or bought an item, we are more likely to trust that the product or service we’ve bought is right for us, and, less likely to change our mind. This is known as social proof. “Since launching social proofing, our revenue and conversion has increased sizeably, and we’re also seeing positive engagement metrics and interactions with our organic social platforms.” Victoria Betts, Global Omni-Channel Director, Hotter How does Taggstar work? Taggstar allows you to transfer this crowd power to sell online. Our purpose-built algorithm collects aggregated, anonymous, real-time online shopping trends, like what your other shoppers have looked at, bought or added to basket. This is used to display real-time factual messages on your website about product popularity, sales, stock scarcity and other product information, at planned times in the online user journey. Trending: 23 others have bought in the last hour How Taggstar helps retailers convert more sales Higher conversion rate Increase margins by Improved social media and revenue reducing returns conversion Nudge customers through Surface review data about fit and quality Instagram, Facebook & Twitter your online sales funnel using to help reduce customer returns. We’re audience clicks result in increased social influence. experimenting with more messaging conversions when they land combinations to help retailers manage on pages showing social proof this challenge. messaging. Establish your brand Integrated marketing Better engagement Aggregate global trends to show Pull the social proof data that Bring peer group excitement to how international customers already sits in your existing social your online shopping experience by browse and buy. feedback into Taggstar to create sharing what’s trending in richer social proof. real-time. Try today: info@taggstar.com Visit us: taggstar.com
55 people are looking at this right now We’re able to show hundreds of social proof messaging combinations including trending products, dynamic, real-time best sellers, product views, add-to-basket volumes, stock volumes, products where stock or a special offer is running out, if a product is recommended or has been highly-rated in reviews. The list goes on. 18 people have looked at this in the last 24 hours With the right data layer, and strong site traffic, any enterprise retail website has the power to tell these stories and grow its conversion rate. Because social proof tells your visitors that they are following in the footsteps of others, they’re more likely to buy than shoppers who haven’t seen the messages. We’ve proven this, by comparing conversion rate uplift via our own A/B tests. Rates improve by as much as 12% when our social proof is shown.* Most of our customers use Taggstar on their product description pages (PDP), and sometimes on the product list page (PLP), but (again via A/B testing), we know that there’s the potential for even better results when Taggstar is used throughout the shopping funnel. In fact, our customers have told us that social proof is the most effective tool that they have for improving their online conversion rate. “Some customers in our market are often overwhelmed by the amount of choices available to them. Being able to see what other customers are purchasing helps to build a customer’s confidence in a retail decision where there isn’t a salesperson helping the decision along.” Alan Gregory, SEO & SEM Executive, Victorian Plumbing *N Brown achieved 12% uplift in new visitor conversion rate on SimplyBe using Taggstar and Monetate. Try today: info@taggstar.com Visit us: taggstar.com
The business case Volume retailers are already planning their conversion rate optimization strategies for 2019. Here’s why social proof should be part of your plan. More important in peak trading periods Having social proof messaging in place is important all year round. We’ve measured better conversion rates and higher average order values on every day of the year, where our customers show the messages. But, on Black Friday, Cyber Saturday, Cyber Monday and other peak trading periods, the differences between conversion rate uplift are more pronounced, and therefore the potential for higher sales and revenues, are also higher. Non-Golden Quarter Golden Quarter* Trading Period 2017 Conversion rate uplift 3.29% 5.47% *Data shows results of Taggstar vs. No Taggstar experiment during 2017 for a large retailer. Missguided wanted to benefit from having social proof messaging in place for Black Friday 2016 and gave us the mandate that Taggstar must be in place just weeks before. The software integration was fast using Google Tag Manager, and live across all products on the USA, UK, and Australian sites, by November 11 2016. The site uses Taggstar to collect, aggregate and display messages about the behavior of all its global customers, across its ten international websites. The powerful global and local product trend stories have had an impact. Using the sense of Global-FOMO (fear of missing out), sales conversions have grown by an impressive 1.34%, as buyers rush to buy popular products. Try today: info@taggstar.com Visit us: taggstar.com
While a higher conversion rate, higher revenue and average order volumes are the main event, social proof also triggers a long list of customer experience and bottom line benefits throughout the funnel: An easy way to improve the online customer experience and to increase customer trust: Not everyone likes the intensity of a sale. Put yourself in your shoppers’ shoes. During one of the key retail shopping days or events, and particularly during intense promotional periods new products are fired every hour over all the big sites. It’s crazy, it’s high pressure and other shoppers are the enemy in the face of a bargain. Using social proof messaging is an easy way to signpost the top selling trends, most popular products, or products where stock is running out. This added transparency supports decision- making and provides virtual online assistance as a real-life assistant would in-store. A way to reduce obsolete or long-tail stock: During a shopping event like Black Friday, new product promotions are released every hour, on the hour. Shoppers are typically excited by a new deal, so a TV released at 12pm for example will fly out of the door for 10 minutes and sales will slow as it’s superseded by a new deal at 1pm. The trouble for retailers is that you now have old stock buried under new offers. Social proof messages ‘surface’ which products are trending, regardless of whether they’re on promotion or not. This keeps older products fresh in the face of new offers, helping customers to be signposted to the popular deal, and to get some clarity about the best choice for them. Reduce churn in the face of intense competition: The potency of a bargain will drive millions online in preparation for Thanksgiving, Christmas or Back to School and while customers are on your site, there are hundreds of other online brands, waiting in the wings for their custom. By creating a better experience, telling shoppers what others have bought, recommendations, signposts to trending items, stock advice etc. making it easier to buy, and helping shoppers to fulfill a basic need to find something in common with other buyers, making them more likely to proceed to sale, and less likely to churn to a competitive site. Reduce abandonment: We know that shoppers commonly add-to-basket as a calculator, and then triage what they do and don’t want before checkout. It’s not unusual for people to be shocked by how much they’ve spent and abandon the basket altogether, or to make black and white decisions about keeping some items and ditching others. By adding social proof messaging at checkout stage it’s possible to show shoppers ratings, trends or volumes sold further down the funnel. This extra detail, reminds buyers why they need to keep that item in their basket. Try today: info@taggstar.com Visit us: taggstar.com
Built for enterprise eCommerce retailers Taggstar has been built specifically to support the largest eCommerce retail, fashion and travel sites. The software delivers over one billion messages each month - with 99.9% uptime throughout the year, and no recorded downtime - ever – even during the Black Friday rush. Our feature rich social proof platform includes: Hundreds of fully Full funnel Cross platform Javascript integration customizable message messaging support combinations In-built enterprise A real-time reporting Fully A/B testing dashboard responsive “ 99.9% Uptime ” Proof of concept Full funnel experiment Taggstar vs. Taggstar testing programs experiments Improve your results using our eCommerce partners Taggstar partners with other leading eCommerce software providers to allow you to further tailor your social proof messaging using personalization, segmentation, off-site social proof, PPC and more. Try today: info@taggstar.com Visit us: taggstar.com
FAQ Does it take a long time to onboard Taggstar? No. Taggstar can be onboarded within weeks, as long as you are able to provide the support that we need, e.g the ability to add a Javascript tag to your site. We prefer to have the software in place and allow you to test two or three weeks before going live, giving you the best chance of optimizing your campaigns for success. What is the Taggstar onboarding process? We will work with you to design a suitable social proof experience based on your specific brand and website. Taggstar then creates the Javascript tags which are added to your site through your tag management solution on the pages you want to display social proof and the confirmation page. Are there any specific features my site needs to add Taggstar? Yes. A data layer such as Tealium or Google Tag Manager is essential. It’s also important that your site generates a certain amount of traffic. Message accuracy is important to us, and a certain number of visitors are needed to be statistically significant to generate the data that Taggstar needs. Does Taggstar effect site performance or site SEO? No. Taggstar does not impact SEO or site performance. Can I trial the platform before a long term commitment? Yes. Depending on your site traffic, definitive results may take longer, but this will allow you to understand how the messages can be used and the potential impact on your business. Does Taggstar collect any PII? Taggstar does not collect any personally-identifiable information (PII) such as names, addresses or individual buying behavior. Which eCommerce brands already use Taggstar? Our software can be used by any type of eCommerce website including retail, property, entertainment, travel and finance, to increase conversion rates. Try today: info@taggstar.com Visit us: taggstar.com
Start converting now! Contact our team today. Email Twitter Website info@taggstar.com @taggstartalk taggstar.com
You can also read