Holiday retail sales events are arriving. Customers are gearing up for the shopping marathon so retailers need to prepare their eCommerce site in anticipation of the holiday season. Many people put off buying until the holidays expecting great deals and offers on their favorite items. Be it Black Friday or Cyber Monday, the number of visitors is guaranteed to grow during this time.
With the COVID 19 pandemic, this has been an unprecedented year. While many brick and mortar stores have shut shop, many other companies have filed for bankruptcy. With these uncertain times, many retailers are looking at a particularly dull season this year. On the other hand, some companies saw a boom during the pandemic, particularly the eCommerce stores.
The holiday season is a great time for online merchants. The retailers should be prepared for the increase in online traffic and get their store ready to handle the incoming orders. The holiday season is a very competitive time for online retailers, and if you fail to deliver the desired customer experience or are caught napping, the deal will slip through and land on your competitor’s door.
Each year, retailers rely on the holiday season to make a huge chunk of their annual revenue. While this year might witness a change in customer behavior, it is always prudent to prepare your eCommerce site for the season than be caught off-guard. So what are the steps that you should follow to prepare your eCommerce store for the incoming traffic during the holiday season?
- Ensure a seamless customer experience
Consumers crave personalized attention when they shop online. Your website should be an extension of your brand to provide users with a seamless experience. The world of eCommerce is highly challenging with many sites offering similar products. What sets them apart and makes one more preferable than the other is the user experience. If customers are not happy with the overall functionality of your site then they won’t be your loyal customers. Yes, deals and offers may lure them once or twice, but customer loyalty will be non-existent. To provide a personalized shopping experience, you should cross-sell and upsell products that directly complement the sale for visiting customers. Have clear product descriptions and images that can make decision making easier.
- Get your inventory organized
43 percent of small businesses in the United States don’t track inventory or do so using a manual system.
Have your inventory well-stocked and organized. Depending on the type of deals and offers you are planning to offer accompanied with last year’s sales figures should give you a rough estimate of the unit pieces for each product to order. If you have added new products to your inventory, since the last sale or introducing limited products for the holiday season, then conduct a market study to assess the demand for the product to gather a fair estimate. This will prevent losses and keep your online store ready to handle the demand. Additionally, don’t forget to stock up on auxiliary supplies such as labels, boxes, and other packaging material.
- Test your online store for vital parameters
- Check the mobile responsiveness of your site
- Automate selling, shipping, and fulfillment
- Handle shipping and fulfillment in-house
- Outsource shipping to a third-party logistics provider
- Outsource shipping and fulfillment with a dropshipper
- Plan strategic promotional activities
- Elevate customer service and support during peak season
- Measure the success of the campaign
- Sales
- Conversion Rate
- Shopping cart abandonment rate
- Site speed
- Traffic (new vs existing)
- Bounce rate
- Mobile site traffic
- Pay-per-click (PPC)
- Click-through-rate (CTR)
- Email Open Rate