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Best Practices Every Successful Brand Should Implement · 2018-04-25 · Best Practices Every...
Transcript of Best Practices Every Successful Brand Should Implement · 2018-04-25 · Best Practices Every...
Best Practices Every Successful
Brand Should Implement
Barbara Riccardi,Senior Client Strategy Manager, ChannelAdvisor
$1.09 trillion worth of goods were sold on
the world’s largest 18 marketplaces in 2016, accounting for 44% of
all ecommerce globally.
1. Channel Management
and Diversification
2. Marketing Strategy
3. Fulfillment Practices
Channel
Management &
Diversification
Owning the Customer
• Transitioning from B2B to B2C
• Marketplace Relationships• 1P vs. 3P
• What is right for your Brand?
CCUSTOMER FEEDBACK
Maintaining a positive feedback rating on
most marketplaces is crucial to overall
success. This helps instill trust with your
consumers.
FRETURNS
Best Practice: Allow 30 days, free returns.
A
CANCELLATIONS
The less the better.
Each marketplace approaches this metric
differently, BUT a history of non-fulfillment
is detrimental to your business.
GBUYERCOMMUNICATION
Try to communicate a response to any
buyer question or inquiry as quickly as
possibly. Most marketplaces specify a 24-
hours turn around. ALWAYS RESPOND!
H
LATE SHIPMENTS
Establish a handling time
you can fully commit to.
Under promise, Over
deliver.
Customer Service
Marketplace Expansion
NOT every Marketplace is
going to be right for you!
17 countries10 countries
MarketingPricing,
Advertising, and Content
Optimization
• Do you have MAP pricing in place?
• Do you need to have the same price across all channels?
• Can you run promotions?
Repricing + Price Parity
Advertising
Ensure all necessary product descriptors
are included in your titles.
Think: Brand, Product title, Color, Size,
etc.
Write descriptions in a paragraph format.
Use all bullet points available, keep them short,
concise and descriptive.
Harvest keywords from your .com
business, CPC programs, don’t use waste
space with words that are already in your
titles.
Some marketplaces allow you to build out
enhanced content if you are the brand
owner or have a branded description
template. This is a great way to build out
your brand story.
If your item has an MPN or UPC, include
in on the listing.
The more the better. If you can, make use of all
of the image slots on each marketplace. Try to
have at least 4 images.
Content Optimization
FulfillmentConsumer Expectations,
Partnerships, and Fulfillment Optimization
Consumer Expectations
01 02 03
Fulfillment Partnerships
• Ship online purchases from store locations to reduce shipping costs
• Combining ecommerce and physical store inventory to reduce “out-of-stock” online orders
• Route online orders to unsold store inventory to reduce inventory costs and discounts on unsold merchandise
• Make returns an opportunity to re-sell items quickly
Fulfillment Optimization
Every brands approach to marketplaces will be unique.
Focus on quality customer service.
Optimize and advertise.
Panel Discussion
Panelists
Mark Sherman
Senior Manager – Marketplaces
Jon Azrielant
Director of Marketing
Keith Neely
Vice President, Digital Marketing & eCommerce
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Best Practices Every Successful Brand Should Implement
Mark Bracey ShermanSr. Manager of Marketplaces,
Dyson
Barbara Riccardi Senior Client Strategy Manager,
ChannelAdvisor
Jon AzrielantDirector of Marketing,
Richline Digital (Jewelry.com)
Keith NeelyVP, Digital Marketing & eCommerce,
Mizuno USA