Get Holiday Ready: Data-Driven Merchandizing with Use of Reports and Insights

The hardest part of Holiday season preparation is not knowing where to start because there is so much to do. Fortunately, the solution is really fairly straightforward: your 2021 reports. Examine last year’s performance before beginning to build your campaign for the upcoming holiday season.  Your ability to deliver a unique shopping experience depends on the knowledge you have about your shoppers – the more you know, the better you can cater to their needs. Here are five eCommerce reports and insights that you can use for your holiday season strategy right away.
  • Popular Searches
Take the time to ask yourself and the team questions. What were the search queries that shoppers looked for in the last holiday season? What is the current trend of search queries (general and holiday specific)? Are you running low on the products your shoppers want? Do you need to replenish your stock? Is poor relevancy preventing your shoppers from seeing certain products? There are a bunch of questions you need to check off your list! Extract the list of the popular search queries and use search analytics to understand  the results served to your shoppers. Make use of a large corpus of synonyms, phrases, etc. to develop catalog understanding using the Unbxd Site Search Console. This (read:every) holiday season is going to be super busy, so make sure your shoppers can find the products they love. Set up synonyms and error detectors correctly, optimize word breaks, and include auto suggestions. A thorough audit of relevance by analyzing popular search queries will help to improve the overall buying experience for your shoppers. Once you identify the most popular search query, you can curate a dedicated landing page this year – for example “Black Friday Specials.” Analyze your search query data and action the most common trends for 2022.
  • No Search Results (or) Zero Search Results

Did customers run into “no results found” during the 2021 holiday season? Take action right away to prevent it from happening again. Add appropriate synonyms and redirects to any queries that provided “zero results” in the previous year.

Implement autocorrect and “did you mean” recommendations if spelling mistakes are a problem.  There are other ways to optimize “no result found” pages, like:

a) promoting bestsellers or popular categories.

b) recommending queries like “people who searched ‘ABC’ also viewed ‘XYZ’ ”

c) curating redirects for such queries

  • Category Pages Insights

Which category pages had the highest traffic during the holiday season in 2021?

Investigate your best and worst-performing categories’ page views, time on page, bounce rates, exit rates, interactions, and page values. Evaluate and see if there are any quick wins that will help your underperforming areas from last year, and double down on the landing pages, language, and promotions that resonate.

Find new ways to optimize and tweak your merchandizing strategy to create an engaging product presentation. Increase the visibility of top-selling, best-rated, or discounted items to pique the curiosity of customers.

  • A/B Test Reports

A/B testing demonstrates the efficacy of potential changes, enabling data-driven decisions and ensuring positive impacts. Merchandizers can plan prior A/B tests before the holiday season to evaluate multiple strategies and implement the one which is performing better. During A/B Test experimentation, merchandizers can decide on the following:

a) Traffic Split

b) Control the test duration

c) Decide the winning criteria (Conversion/Average Order Value/Revenue)

  • Average Order Value and Conversions: How does your average order value (AOV) of last year’s holiday season compare to the rest of the year? If it’s much lower, it may indicate that you need to upsell and cross-sell more over the upcoming season. Product recommendations can be used to provide buyers with customized recommendations. They may visit your website with a certain product in mind, only to be genuinely delighted to discover that you also carry other things on their holiday shopping list. During sale seasons, impulse purchases are at an all-time high, thus improving product exposure to raise cart values.

This Holiday Season Sell More with Powerful Ecommerce Reports and Insights

Consider last year’s reports for guidance and inspiration as you get ready for the upcoming holidays in 2022. If retailers want to surpass the success of previous years, they must base their merchandising efforts on data.

Unbxd provides simple-to-understand eCommerce reports and analytics for a deeper comprehension of your customer’s activity.

If you want to know more about what Unbxd smart Merchandizing can do for you when you’re at your peak, book a demo here. You’ll see what our box of surprises has in store for you!

Note from Unbxd HR

At Unbxd’s first Blogathon event, we asked our “in-house” experts to write articles for us – anything straight out of their minds! And boy – did we love reading it all!

Prem Auti won the prize, and authored this piece. Thank you Prem – keep writing!

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