Your E-Commerce customer experience is falling short. What analytics tools can help you turn it around?
You want to sell more products online, but you're not sure how to improve your customer experience. You need to understand how your visitors behave, what they like, and what they don't. You need to optimize your website, your marketing, and your customer service. You need to use analytics tools that can help you turn it around.
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Sumit SinghalBusiness Head ( E-Commerce ) at Landmark Group (SPAR India) 🍕🥕🥪🍉🛒👖👕 | D2C, Marketplace & 3PL Expert 🚚 |…
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Anupa GandhiEcommerce Specialist | Lead Business Analyst | Podcast Host at Dialogue Dome | Adobe Certified Commerce Business…
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Pritam DashFounder @ Kingmaker Digital Solutions | If you're a D2C Brand Leader wishing to lower your CAC, build your community &…
Analytics tools are software applications that collect, analyze, and visualize data from your e-commerce website and other sources. They are useful for measuring performance, identifying problems, and uncovering opportunities. These tools can help you answer questions such as how many visitors you get and where they come from, how long they stay and what pages they view, how many of them convert and what products they buy, how much revenue you generate and what your profit margin is, and how satisfied your customers are and what feedback they give.
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To enhance your e-commerce customer experience, consider incorporating the following analytics tools: 1) Google Analytics: Gain insights into website traffic, user behavior, and conversion rates. Identify popular products, pages, and customer journeys for optimization. 2) Hotjar: Utilize heatmaps to visualize user interactions on your website. Implement session recordings to understand how users navigate through your site. 3) Crazy Egg: Analyze user behavior with heatmaps, scrollmaps, and user recordings. Optimize page design and layout based on visual insights.
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Brand’s performance monitoring and optimization are the heartbeat and pulse of the business. Its always worth investing on the analytics tool and developing skills to efficiently use those tools. KPIs, strategy, Tools and depth of its utilization varies based on the industry, business goals, target audience.
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In my view, integrating analytics tools is not just a suggestion but a necessity in the digital landscape. They serve as the eyes and ears of an online business, offering invaluable insights that can shape a more satisfying customer journey and, ultimately, boost overall success. Ignoring the potential of analytics tools is akin to navigating blindly in the digital realm, missing out on the chance to understand and cater to customer needs effectively.
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Your own e-commerce website is the most crucial channel to position your brand, create trust and grow your business. Here are some tools and metrics that can help understand a user journey and pain points - Google Analytics : Shopping behaviour This tool gives a complete understanding of the performance of conversion funnel. You can relook on your content, pricing, offers and websites technical performance based on these metrics - Heatmaps : This tool gives you a snapshot of the most visited sections of a webpage. These sections are the most crucial to your visitors and helps you build authenticity and crack the right communication strategy.
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When you in a business where there are million voices, million views and million perspective and you want to keep customers happy and engaged. There is no other way for you to get a sense of what all your customer are thinking, doing and saying.. you need a tool, platform to bring all this together and makes ense out of this. This is what Analytics tool do for you!!
Analytics tools are essential for any e-commerce business that wants to grow and succeed, providing invaluable insights into customers’ needs, preferences, and behavior. You can use analytics tools to test and optimize your website design, usability, and functionality, as well as enhance your marketing campaigns and strategies. Furthermore, they can help you increase conversion rates and average order value, reduce bounce rates and cart abandonment rates, boost customer loyalty and retention, and solve customer issues and complaints.
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Analytics tools are crucial for e-commerce growth, offering insights into customer needs and behavior. They enable testing and optimization of website design, usability, and marketing strategies, leading to increased conversion rates and customer loyalty. 👉🏼 Ignoring analytics tools means missing out on valuable opportunities to 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱 𝗮𝗻𝗱 𝗰𝗮𝘁𝗲𝗿 𝘁𝗼 𝗰𝘂𝘀𝘁𝗼𝗺𝗲𝗿𝘀 𝗲𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲𝗹𝘆, 𝗵𝗶𝗻𝗱𝗲𝗿𝗶𝗻𝗴 𝗼𝘃𝗲𝗿𝗮𝗹𝗹 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝘀𝘂𝗰𝗰𝗲𝘀𝘀.
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It is very easy to make assumptions about your customers and their needs and then make business decisions off of that that are margin decretive. Analytics can help you better understand your customers and their needs. Start by analyzing reviews and customer feedback and see what comes up. Analyze demand and search data on and off site to see what they are asking for, look at your bounce rate, your conversion rate and your dwell times to get an idea of how they use your site. Then see where you want to be and adjust accordingly. This will vary by each brand, so you need to take the time to dive into your specific customers needs. No one size fits all solution
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When we sell a product offline, understanding what consumer needs and how they are reacting to the product and promotion, how many products are sold - these are some key data points. In the online world, you are privy to so much more about a customer and his or her behavior. Using this data to optimize for the consumer needs and adapting your website can really go a long way. Analytics tools help you do this exactly that. They are the eyes and ears of your business.
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These tools provide deep insights into the effectiveness of your marketing campaigns. By understanding which strategies are resonating with your audience, you can allocate resources more effectively, maximizing ROI. This level of precision in marketing was virtually unattainable in the pre-digital era.
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Analytics tools are crucial in eCommerce for understanding customer behaviour and optimizing your online presence. They allow you to enhance website design, improve marketing efforts, increase conversion rates, and address customer issues effectively. By analyzing detailed data on customer interactions, you can make informed decisions to boost loyalty, reduce cart abandonment, and tailor your offerings to meet consumer needs. Essentially, analytics act as the eyes and ears of your eCommerce business, enabling you to adapt and grow in a competitive online marketplace.
E-commerce businesses have a range of analytics tools available to them, depending on their goals and needs. Web analytics tools, such as Google Analytics, Adobe Analytics, and Shopify Analytics, are useful for tracking website traffic and performance. Customer analytics tools like HubSpot, Salesforce, and Zendesk can help to collect and analyze customer data, as well as create and manage customer profiles. Marketing analytics tools like Google Ads, Facebook Ads, and Mailchimp are useful for planning and optimizing marketing campaigns. Finally, product analytics tools like Shopify Reports, WooCommerce Reports, and Amazon Seller Central can help to optimize product catalogs and inventories. All of these tools can provide key metrics such as sessions, pageviews, bounce rate, conversion rate, reach, impressions, clicks, conversions, ROI etc., helping businesses to identify their best-selling products and areas of opportunity.
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There is a great variety of analytics tools available. So many that it can confuse a business owner. What should one prioritize? I believe that you need to first ask yourself what is the problem that you want to analyse more in detail and what are the channels that can give you more information on that. It might be that just focusing on what happens on social media gives you a good answer to some questions (e.g. do I have engaged brand lovers?), while in order to deep dive on other topics you have to be really focused (e.g. I need to deep dive into Seller Central to understand if my Amazon strategy is paying off and to define steps for optimization in platform).
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The best metric to look at is the ROAS (return on ad spend). A great way to get the metrics up and gain insights on parts you haven't seen before is by using the following tools: Triplewhale or Polaranalytics (both similar but for you to decide which price point works besT).
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Here's a list of the best one's I've used. Google Analytics: It’s a comprehensive tool that allows you to monitor your e-commerce site traffic, user behavior, and sales funnel. Shopify Analytics: If you’re using Shopify as your e-commerce platform, Shopify Analytics can provide valuable insights into your store’s performance. Zoho Analytics: It offers a range of features for analyzing your e-commerce data. Microsoft’s Power BI: It’s a business analytics tool that delivers insights to enable fast, informed decisions. Geckoboard: It helps businesses keep track of e-commerce KPIs in real-time. Hotjar: It provides insights into how users experience your website, helping you make changes to improve it.
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There can be numerous reasons to check analytics: -Google Search Console - To Understand your Audience Traffic Insights. -Google Page Speed Insights - To Check the quality of your page speed on both desktop and mobile. -SEO audit tool - To Check SEO ranking and optimization. Ex.Ahrefs or Semrush -Simple Typeform or Google Form - Ask for Customer feedback in Number based ranking format. -Ticketing Tools - To Understand what issues your customers are sharing and how often they are raising issues. The above are some of the best ways to get started to understand and optimize their current ecommerce business.
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If you're really serious about growing your e-commerce business, you need Triple Whale. It's a BI tool built specifically for Shopify Ecommerce.
When selecting the right analytics tools for your e-commerce business, you should take into account a range of factors, such as your business size, type, and industry, budget and resources, goals and objectives, data sources and integration options, and technical skills and requirements. Additionally, you should pay attention to the features, functionality, and usability of the tools as well as their customer support and reviews. You should compare different options to evaluate their advantages and disadvantages before deciding on one. To make a more informed choice, you can also take advantage of free trials or demos.
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For an e-commerce business, it's best to define some important KPIs that are essential for growth. Here is an example 1. Sales - Crucial KPIs : Revenue, AoV, Top 50% RevCon items, Frequently brought together items 2. Post Sales Experience : Returning customer rate, Average ratings, Delivery time, RTO rate & CLTV Once these are set, we should evaluate analytics tools that fit our requirement. I usually prefer softwares that give reports in a csv/excel format, can produce visualisation and provides flexibility for visualisation.
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It is imperative to select appropriate tools to identify the specific stages of the customer journey where they are dropping off, in addition to the previous explanation. Once this information is obtained, you can accurately allocate the necessary resources, not just tools, to those stages where they are needed.
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Ask key people within the business - what assumptions do you currently have? What decisions are being made on opinion? What parts of our experience are we unsure of. Start with free, and go from there. It's a good idea to find a tool based on a real need. As before you know it you have loads of data - with paid for tools - and you're not really using it.
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Right tools can be only finalized by the usage of the company / store. I would strongly recommend checking with employees that are their needs and what they think can help them to make better decision for the growth of the company. Also we need make sure to compare all possible software for your need and select the top one, If requirements are bigger you can secure a deal with tool provider to offer you better discount
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Choosing the right tools feels like Goldilocks and the analytics bears! Remember Goldilocks testing porridge? Picking the "just right" analytics tool isn't much different. The perfect fit should be easy to use yet offer the functionality you need to make data-driven decisions. Consider your business like porridge: are you a small startup needing basic website tracking, or a seasoned seller requiring advanced campaign analysis? Choose a tool that caters to your stage and provides features that address your specific goals, not just generic "one-size-fits-all" solutions.
Using analytics tools effectively requires some planning, implementation, and evaluation. To start, you should define your key performance indicators (KPIs) and goals that align with your business strategy and vision. Next, select and set up the tools that can help you measure and improve your KPIs. You should also configure them properly and integrate them with your website and other data sources. After that, use the analytics tools to gather and process data regularly and accurately, as well as visualize and interpret it in meaningful ways. Finally, use the tools to experiment and test different ideas, such as changing your website layout or product price. Then optimize your actions based on the results and feedback, such as improving your website speed or product quality.
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In order to be effective in the use of analytics tools, the most important thing is to be clear on your goals. Once you are there, you should conduct research and evaluations to select tools that offer the features and functionality required to meet your goals. Ideally you should also be looking into integrating data coming from different sources of your business and then monitor regularly the platforms. In order to do so, you have to ensure you spend enough time and effort in educating yourself on the potential of the tools and how to analyse the data that comes from them. It's not an easy task at all, hence why there are professionals specialized in this only!
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Para usar ferramentas de análise de forma eficaz, comece definindo KPIs e metas alinhadas à estratégia do negócio. Escolha e configure as ferramentas apropriadas, integrando-as ao site e outras fontes de dados. Regularmente, colete, processe e visualize os dados de maneira significativa. Experimente e teste ideias, otimizando com base nos resultados e feedback, como aprimorar a velocidade do site ou a qualidade do produto. Essa abordagem planejada e adaptativa maximiza o valor das ferramentas de análise para impulsionar o sucesso do seu comércio eletrônico.
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The best way to effectively use analytical tools is to create a top down funnel for each goal/OKR and define the KPIs for each stage. Once the KPIs are defined do an extensive RCA to optimise your strategies to boos the KPIs.
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1.Know the KPI which you want to track . 2. Work with the development teams to identify the right tags which help you capture the information to measure the KPI 3. Build dashboard which helps you deduce your KPIS 4. Monitor and make tweaks where necessary until you achieve your objective .
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How to Use Analytics Tools Effectively ✅ Define KPIs and Goals: Identify key performance indicators and goals aligned with your business strategy. ✅ Select and Set Up Tools: Choose appropriate analytics tools and configure them to track relevant metrics. ✅ Integrate Data Sources: Integrate tools with your website and other data sources for comprehensive insights. ✅ Regular Data Processing: Gather and process data consistently to ensure accuracy and reliability. ✅ Visualize and Interpret Data: Use tools to visualize and interpret data in meaningful ways for actionable insights. ✅ Experiment and Test: Experiment with different strategies and ideas, and use tools to test their effectiveness.
Analytics tools can help you turn your e-commerce customer experience around by providing you with valuable insights, guidance, and solutions. With these tools, you can increase sales and revenue by attracting more customers, converting more visitors, and upselling more products. Additionally, they can reduce costs and expenses by optimizing your website, marketing, and customer service. Furthermore, you can improve customer satisfaction and loyalty by delivering a better user experience, offering more value, and solving more problems. Finally, analytics tools can help you gain a competitive edge by understanding your market, customers, and competitors better, as well as innovating and adapting faster.
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I'm a longtime Amazon seller, and I had to build my own data analytics tool to solve an issue. I was overspending on advertising, but I wasn't sure why. I thought it might depend on the color of children's onesies I was selling, but I couldn't be sure. So I created a solution to track ad conversion between a white version and an orange version. Within a few days, I could clearly see my answer. Pull budget from the orange version and double down on the white version. My return on ad spend shot up. When I'm unsure about anything, I always go to the data.
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E-commerce analytics tools offer insights into customer behavior, enabling data-driven decisions in pricing, marketing, and inventory. Personalization improves the shopping experience, while effective inventory management prevents overstocking or stockouts. These tools also aid in fraud detection, competitive analysis, and mobile optimization for a well-rounded approach to success.
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As ferramentas de análise oferecem uma gama de benefícios para a experiência do cliente no comércio eletrônico. Elas proporcionam insights valiosos para aumentar vendas e receitas, atrair mais clientes e otimizar operações para reduzir custos. Ao melhorar a experiência do usuário, as ferramentas de análise também contribuem para a satisfação e fidelidade do cliente. Além disso, ao entender melhor o mercado e concorrentes, essas ferramentas capacitam o negócio a inovar e se adaptar rapidamente, proporcionando uma vantagem competitiva significativa.
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Analytics tools are like the secret sauce in your e-commerce game. They're the Sherlock Holmes of the digital world, helping you crack the mysteries of customer behavior. Think of them as your trusty sidekick, gathering data on what your customers are up to, how they're interacting with your site, and what makes them tick. They're the eyes and ears you need to navigate the ever-changing landscape of online shopping.
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To start with, you need 3 kinds of analytic tools, 1 to measure the inventory, 1 to measure the traffic & conversion, 1 to measure the reviews post purchase. For inventory your e-commerce builder shall help you get sorted. For traffic, use google analytics for entire traffic, use a CDP (Customer data platform) such as Klaviyo to check conversion from campaigns. For Reviews, use Yotpo/Stamped for reviews & loyalty.
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To further enhance E-Commerce customer experience using analytics tools, also consider the integration of customer feedback analysis tools. These can provide insights into customer sentiments and preferences, enabling you to tailor the experience more effectively. Additionally, look for tools offering predictive analytics to anticipate customer needs and trends. This proactive approach can significantly improve customer satisfaction and loyalty. Remember, in a customer-centric E-Commerce business, understanding and anticipating customer needs is key to turning around the customer experience.
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When choosing the right analytic tool for your business / team consider this. There’s data, and there’s information. When you translate data you get information. Many tools including some of the most popular require the user to ‘translate’ the data and others are tuned to make actionable recommendations (by the use of AI/ML, or by original design). Do you need a tool which does the analysis or one which collects the data for you to customise for achieving your objectives (requires some level of expertise/learning)?
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Don't forget to think about Delivery Management Analytics tools. A powerful platform that can take current state metrics, factor in real-time time-series analysis with machine learning to dynamically measure against them and dynamically adjust off the shelf is a recipe for success. Validate whatever tool you plan to purchase with your own data first to confirm what you are seeing is directionally correct. Then, have fun! Fenixcommerce.com does this exceptionally well.
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Veo que casi todas las herramientas de análisis que propone el artículo se centran en analítica web. Este tipo de herramientas nos pueden dar insights muy valiosos, pero siempre a nivel cuantitativo. Sin duda, prefiero herramientas que me permitan "medir" de manera cualitativa. La más sencilla y efectiva consiste en mostrar un pop-up con una pequeña encuesta anónima (muy importante este punto) donde el usuario se sienta libre de explicarnos el motivo por el cuál se va de la web. El motivo por el que no compra. Al hacerlo anónimo estamos asegurando un volumen significante de respuestas. Respuesta REALES. Además, es muy importante controlar la frecuencia de "impacto" a esos usuarios. No podemos, literalmente, bombardear al usuario.
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