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google-feed-management-best-practices

Google feed management best practices

After getting your Google Merchant Center account active, it’s the right time for you to start your Google ad campaigns. In addition to the previous forms of ads, Ecommerce stores now can use Google shopping ads which can show the image and price of products. In order to do that, your Google Merchant Center account must have enough information of your products, that’s the job of product feed. And your job is to optimize this product feed and make your ads closer to your target customers. Check out what the best practices are and apply to your store.

Powerful-tips-for-your-Merchant-Center-account-survive-in-sales-season

Powerful tips for your Merchant Center account survive in sales season

Apparently, it is undeniable to say that Google is a powerful tool to make your products visible to your target customers in order to maximize your revenue. However, many sellers are facing difficulties because their accounts are suspended. So what are the tips to make your Google Merchant Center account survive in sales season? Reach out our blog for some minor but useful information to strengthen your Merchant Center account. 

Complete-guide-to-create-events-and-measure-the-conversion-of-TikTok-Pixel

Complete guide to create events and measure the conversion of Tiktok Pixel

Tiktok has updated its pixel to the newest version 2.0 to optimize uses and help merchants to track the most common events. After having a pixel installed on your website, it is crucial for pixel to start learning by creating events and defining the tracking rules. The more your pixel can learn, the better results you can get to optimize your ads afterwards. 

How-to-set-up-TikTok-Pixel-in-Shopify

How to install TikTok pixel for Shopify in 5 minutes (recommend for beginners)

Tiktok Pixel acts as a site event management tool that can help sellers measure the effectiveness of the ad campaigns by tracking users' actions on websites. If you have a Shopify website and would like to create an ad campaign on Tiktok, you need to have a TikTok pixel, install it in your Shopify store to track events, conversions and optimize your ads. In this blog, you can check step by step how to do it. 

7 Ways to Make The Best Out Of Discounts Without Impacting Your Store (part 2)

Moving on to part 2 we are going to talk about the last 3 steps to use discounts correctly. 

 

5. Personalize your promotion and discount

Someone who already bought your product doesn’t need to be notified you are running a discount. You also might want to send different promotions to different people. For example, if a customer has been on your email list for a year and never purchased anything, you might want to send them a really juicy offer to get them to buy. Someone who just signed up for your list doesn’t need the same type of offer. 

6. Do smaller targeted promotions

You only want to do big public promotions a few times per year, or else you train your customers to wait for a discount to purchase. However, you can still run smaller, targeted promotions in between the larger ones.

If you have segmented your email list, you have customers in different phases of the buying cycle. You can do a promotion only for a certain segment, and send it to only them. Here are a few examples:

  • Run a webinar and then send a discount only to webinar attendees.
  • Email cold subscribers, or people who have cancelled with a really juicy offer to win them back.
  • Do a promotion with a partner, offer a discount only to their audience.

Another idea is to discount a complementary product or service to go along with your main offering. If you normally charge $99 for a setup, give it away free or heavily discounted with a purchase for a limited time.

These smaller promotions are a great time to try something more creative than a straight discount. Offer 2 months free, we pay the tax, or free setup for a limited time. You can also include bonus items such as a complementary product, ebook, or unlocking an extra product feature. 

Here’s an example of a free gift bonus from Clinique:

7. Use discount as a gateway to other products

Your customers have a lifetime value. If you know how to calculate LTV, you can determine how much you can afford to lose on the first purchase and still profit in the long run. Have you heard of a loss leader? It’s a product sold at a loss to attract customers into a store.

For example, supermarkets will sell items such as milk and eggs at less than they purchased them for to attract customers to their store. Even though they lose money on those items, they bank on customers purchasing other items such as potato chips and beer which more than make up for the loss.

If you sell multiple products, you can use a discounted item as a loss leader to get customers to buy other things from your store. Some companies do this to introduce customers to their brand, and they bank on keeping them around long enough to make a profit. For example, some companies sell a piece of software at a break-even price, then give the customer great service. A few months later, they introduce the customer to other products they sell, and make profit from those. In this way the discount is seen as the cost of customer acquisition, not an actual loss of profit.

It’s not the discount itself that cheapens your brand, it’s the way you use the discount. When used the right way, discounts can add to your bottom line in a sustainable way, without devaluing your core products.

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