eCommerce has gradually shifted from being a trend to being accepted as people’s normal shopping behaviors. It has taken quite a while to convince consumers to buy online, and now, even though most people are buying online, their options are also huge. The glut of eCommerce stores looking almost like a clone with similar offers and discounts means hardly any loyalty in the online retail business. How do you make yourself stand out and make your customers loyal to you in such a scenario?
By doing something, very few people are – personalizing your products and the entire store as per customers’ tastes and preferences. It wouldn’t be wrong to say that personalized online retail is the future of eCommerce. The future belongs to those who make it super easy for customers to get the kind of products they want, the way they want them.
This blog will explore this trend further and find out why personalized retail is the future of eCommerce.
It provides products plus experience.
Personalization increases customer satisfaction, so it can be said that it directly affects customers’ all over the shopping experience. When a customer is surfing through a shopping site and can already see the products of his interest reflected on the home page, it adds positive reinforcements to their experience. Furthermore, technology remembers more than humans can. What we mean is, your website can treat every customer like they know them, already filtering choices for them and directing them to more interesting stuff.
The ever increasing trend of personalized products
We can’t ignore the love for personalized products consumers have been showing lately. It’s undoubtedly not a fad but something that will work for long. Getting personalized products is much easier at eCommerce stores than traditional printers. Customers can choose the products of their choice and get them with their favorite graphics and design. Consumers’ psychology to own something that represents them or their style is the reason behind this concept’s success. Hence keeping in view the increase in sales of these products, brands, and stores are rapidly moving towards launching products in this segment. You can easily imagine a future where every other eCommerce store offers this like it’s just normal. And what does it take? Just an efficient product personalization Software to take on the designing work!
It makes customer relationships more personal.
With the advancement of technology, online retailers can now have a detailed report on what their customers are interested in without disclosing the information firsthand. Sophisticated CRMs and data analysis can go way beyond collecting customer information use that information to connect on a more personalized level. For example, eCommerce businesses can check on their customers’ interests and then use personalized marketing information. Rather than the ‘One shoe fits all’ campaigns. Customers who see their name on an email and know some worthy offer is up for them are more inclined to open an email and see its contents than the others, which they know are simply one of those hundred promotional emails.
Customer loyalty comes with added benefits.
Remember the times when customers had some added benefits for repeatedly buying from the same shop? The personal interaction between the buyer and the seller has now declined to an extreme level with the mall culture’s popularity. But with the advent of this personalized culture online, people are getting those benefits again. eCommerce stores that take note of their loyal customers and often treat them with offers and discounts see their customers return more often. Therefore, for eCommerce stores to survive amidst the competition, they must opt for personalization to retain their customers.
It increases user engagement with the business.
User engagement plays a vital role in the eCommerce business, and the personalization of products and services increases significantly. For example, when you send personalized emails and messages to your customers, each click leads them to the store, and they spend some time scrolling through the products, which increases your chance of more sales. Similarly, while designing personalized products, your customers spend quite a bit of time on your store designing and ordering their products. So, though user engagement seems to be an optional aspect, it does a lot to improve eCommerce sales.
eCommerce businesses in the future won’t be able to continue or succeed in the market without providing personalized services. Today, what seems to be an opportunity to differentiate yourself from the herd will be the future norm. Are you prepared for this change?
Author Bio: Mr. Pratik Shah is the Creative Head of Brush Your Ideas, a Web-to-Print technology solution offering Magento product designer extension and readymade Web-to-Print Magento Store. He is a tech enthusiast and an avid blogger and writes about the eCommerce and web-to-print industry.