Product promotion and merchandising - YouTube

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Hi there.
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As you build out your online shop
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promoting your full inventory of products can be challenging.
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Here, we'll examine the best ways to promote products and special offers.
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We'll show you how to predict which products your customers might like,
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and help you showcase products your visitors might not normally see.
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The first step is to set up your online shop.
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That way it's easy for your visitors to browse all of your products.
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You鈥檒l want to create the right hierarchy of categories and subcategories,
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which will help a customer navigate your site and the products for sale.
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Promoting products in an online shop
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isn鈥檛 too different from a High Street shop.
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Think about the last time you visited a furniture shop.
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You probably didn't just walk in
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and see a map of the shop's aisles
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pointing to where the products could be found.
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More likely, you walked in and saw a really comfy sofa near the door,
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that you could sink right into.
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Think about a bricks and mortar shop.
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Online shops also display very specific featured products.
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If it's the end of summer and students are going off to university,
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the furniture shop might have desks or bookcases
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on display and on sale.
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This is an example of product merchandising.
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You can do the same thing online
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starting by promoting certain products
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right on your homepage.
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Your promotion might be to help shift old inventory
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or feature a best-selling item you want more customers to see.
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Using part of your home page to showcase products,
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or even running online advertising campaigns
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with dedicated landing pages,
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can be a great way to merchandise online.
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And that鈥檚 just the beginning.
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Imagine if you walked into an offline furniture store,
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and the front door display magically transformed,
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based on your interests.
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And as you browsed,
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all of the promotions you encountered were customized
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to what you had previously looked at.
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That鈥檚 exactly what online shops can do.
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As visitors browse the pages of your site,
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you鈥檙e collecting data about what interests them.
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Now you can use this data
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to predict what they鈥檙e likely to be interested in next.
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Think of the last time you were shopping online.
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You might have been shown recommended products
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after viewing certain items, or putting them in your cart.
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For example, if you were on a custom furniture website,
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and you were looking at kitchen tables,
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you might have seen a promotion for chairs or window shutters,
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to match the room.
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Many shopping cart providers such as Magento, Volusion, Pretoshop and Shopify
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offer these product recommendation engines.
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Next up, in product promotion and merchandising,
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is finding ways to showcase products
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that your visitors may not have otherwise been looking for.
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This can be a really effective way to cross-sell.
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So, how does this work?
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Well, let's imagine an office manager
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is looking for a new executive desk for the big boss.
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Something grand and ornate.
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But he might not have been thinking about matching book cases
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or custom doors.
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Now is the perfect time to remind him.
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Promoting related products can lead to increased sales.
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The world of e-commerce offers you plenty of great ways
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to make sure customers see
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and interact with relevant products on your site.
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You can create a virtual display as they enter your site,
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or use data to suggest what they might buy next.
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So, get out there and start selling!