It’s 2023, so it’ll hardly come as groundbreaking news that the effective collection, analysis and use of data is crucial to boosting ecommerce conversion rates and revenues.
But there is a common misconception in the ecommerce world that utilising data to accomplish these goals must come at the expense of customer experience. And indeed it is true that access to an unfettered amount of data can lead to poor, inefficient use of this data and a disjointed, bloated customer experience onsite if you lack the means to channel it correctly.
For online brands that depend on a seamless customer experience, further exploitation of data can seem like a risk. But this fundamentally misses the potential of data to be the driving force behind enhancement of your customer experience.
When it comes to product discovery and the online customer experience, data should be the foundation of any feature that seeks to improve it. Personalisation, on-site search and merchandising, all vital to customer experience, are driven by customer data and require sufficient analysis in order to maximise conversions and sales.
As increasing overheads narrow your margins and tough economic conditions continue to dampen consumer spending, targeting greater efficiency in these key areas through the use of data has never been more important for stimulating growth. Read on to learn how to put data at the heart of your brand’s customer experience.