Only by keeping a digital shelf optimized on every channel can brands and manufacturers be confident in their omnichannel e-commerce strategy.
The e-commerce landscape is competitive. While space and storage may be unlimited, consumer attention is not. And as consumer expectations continue to increase, anything less than front-page listings can mean losing out to another brand.
For brands, manufacturers, and retailers seeking to stay competitive in the omnichannel scene, winning on the digital shelf requires an edge. It requires digital shelf optimization.
Digital shelf optimization is a process that leverages engagement data and performance metrics from your digital shelf to enhance your content and maximize conversions. In other words, digital shelf optimization makes your products more visible and attractive to consumers, helping you cut through the clutter and beat the competition.
By definition, the digital shelf encompasses any online interaction a consumer has with your brand. Some common components of the digital shelf include:
Each touchpoint requires ongoing optimization to ensure your products and brand are showcased correctly and effectively, meeting the expectations of both customer and third-party websites, and, ultimately, maximizing conversions.
While digital shelf optimization presents its unique set of challenges, the benefits it affords to brands, manufacturers, and retailers aiming for a well-rounded omnichannel presence are clear.
Here are some of the key benefits of optimizing your digital shelf:
These gains are not just standalone advantages; they are interconnected elements of a resilient, profitable digital shelf strategy. Thus, the optimization of the digital shelf is an investment in the future, paving the path to sustained growth and enhanced brand reputation.
The core of digital shelf optimization revolves around the effective use and integration of three key software solutions: product information management (PIM), product data syndication (PDS), and digital shelf analytics (DSA).
These technologies integrate intelligently to provide the complete solution for your digital shelf strategy. PIM provides a single, scalable platform for all your product-related data. PDS distributes enriched product information to every digital touchpoint through API-based technology. DSA monitors digital shelf performance to ensure every channel remains optimized.
Through the integration of these software solutions, you can ‘close the loop’ on your digital shelf. This loop refers to the constant, bidirectional flow of information between your PIM and your digital shelf touchpoints. This happens via PDS and DSA capabilities. Product information is sent out, insight and analysis are fed back, and then changes can be made accordingly.
To optimize your digital shelf to its fullest potential, you need to select your DSA software carefully. To ensure your digital shelf optimization strategy is robust and efficient, make sure your software prioritizes the following:
A quality DSA solution, integrated with PIM and PDS, provides an automated, cloud-based platform for digital shelf analysis. This allows for optimization to enable seamless, closed-loop digital shelf optimization.
With the right software in place, brands, manufacturers, and retailers can stay competitive, relevant, and poised to win on the digital shelf.
As digital shelf expectations grow, so does the need for an agile, scalable solution to meet diverse demands and drive revenue for even the most complex omnichannel strategy. To meet these evolving expectations, inriver offers the complete PIM solution for digital shelf optimization. The inriver PIM has market-leading API-based syndication and digital shelf analytics capabilities. This lets you ‘close the loop’ on your digital shelf and curate every byte of your omnichannel output.
The composable inriver PIM goes beyond e-commerce. Our multi-tenant SaaS solution turns raw data into rich, valuable product information for every digital and in-person touchpoint. From sourcing and manufacturing to sales and recycling, the inriver PIM supports the entire life cycle of your products. This means you can extract the greatest value from your product data by always delivering accurate and reliable product information wherever it matters most.
Schedule a personalized, guided demo with an inriver expert today to see how the inriver PIM can get more value from your product information.
Space on the digital shelf, much like its physical counterpart, is limited. With increasing consumer expectations and competition, ranking high in search results makes sure your products and services are visible to your audience and customers.
Digital shelf content includes all the information consumers need to make an informed purchase. This can range from product specifications like size and color to customer reviews, images, and more.
Just as strategic placement on a physical shelf can drive sales, digital shelf space represents the discoverability of your products online. In particular, the front page of a search engine and top results in the search bar are especially valuable spaces on the digital shelf. Undertaking digital shelf monitoring and digital shelf management is key to getting the most out of the space.
Digital shelf data includes key metrics and other metadata trackable through digital shelf optimization solutions. These data points help you understand your product’s performance and identify areas of improvement, contributing toward the goal of winning on the digital shelf.
In e-commerce, the digital shelf encompasses all digital touchpoints of your business. This includes your website, commerce platforms, social commerce channels, and any other online facet of your omnichannel strategy.
Learn how to elevate your e-commerce strategy:
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