skyrocket e-commerce, marketplace & channel sales content ...€¦ · why right data always?...
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Content Analytics, AI & Scoring platformSkyrocket e-Commerce, Marketplace & Channel sales
Measure, monitor & monetizeAssortments across all channels
Online brands and retailers struggle with lost revenues by not meeting product content challenges on Marketplaces, Channels, e-Commerce, Retailers, Mobile, Social & Data pool.
SKUmagic Content Analytics & AI Platform helps build a quality catalog that is revenue-driven for multi-channels & meets standards:
• eCommerce Best Practices,• Retailer & Marketplace Listing Guidelines, • Product & Business rules that meet Omnichannel & Mobile Specs • Industry standards like GDSN, PIES.. • Target System Requirements, Partner Sites, • Any Standards, Any Format, & more.
E-commerce
Boosts Discoverability and Conversion
Increases Revenue & Margins Reduces Overhead, Time to Market, Listing Errors/Returns/Lost Sales
Builds Brand Consistency
Why right data always?Content is King, but Analytics is the Queen
1. Are your sales the best they can be on e-Commerce?
2. Is your content strategy Multi-Channel ready?
3. Are you leveraging growing multi-channel opportunities?
78% 41% 40%
80% have a tremendous gap in aggregating and distributing complete, consistent and trusted product information across all channels, including e-Commerce*, Marketplaces, Channels, mobile, social, and in store. More than 50% don’t know what to do or how to.
78% of merchants report their product content system is not ready for multi-channel commerce. Data exists in silos instead of single source cloud repository.
41% report it is more effective to pay penalties for noncompliance than invest in product information management.
About one-third of online buyers say they have abandoned a purchase due to poor product descriptions, while 40% say they have returned a product due to a problem with product data.
80%
Content is King, but analytics is the Queen.Power of Content Analytics
Measure, monitor & monetizeAssortments across all channels
Content Analytics Health Audit Close Content Gaps/ Rules E-commerce Stores and Channels
CLOSE CONTENT GAPSWith built-in tools
UPLOADProduct data
TRAFFICKeywords
SCORINGRules & Ranking
PRIORITIZEDCONTENT
(High, Med & Low)
SEARCHDiscoverability
COMPLETE, COMPLIANT, COMPETITIVE
STORESWeb & Mobile
CHANNELSMarketplaces
What is Content Health Score?Hint! – Like Credit Score
Measure, Monitor & Monetize
Product Title – Does title contain keyword, Category, Size/Color, Brand?
Images AI- Is primary right? Are Images high quality with many alternates?
Product Reviews - Are the product reviews favorable?
Product URL –Direct URL on storefront <80 chars?
Required Attributes & Compliance -Mandatory & compliance attributes missing?
Category / Classification - Is the product classified in right categories and website taxonomy?
Product Description - Is it unique and descriptive (50,100,250)?
Inventory –Is product out of stock on sales channels?
Pricing - Too many sales items? MAP compliant?
Keywords/Text Analytics - Is the product discoverable offline/online?
Assortment
Products’ Availability
Content: images, etc.
Ratings & Reviews
Products’ Placement
Price & Promotions
How SKUmagic solves your problemsMeasure, Monitor & Monetize
Catalog Grader Data/Image Optimizer Content Publisher
Automatically Analyze & Score content gaps in catalogs managed in PIM/Excel/Systems
Collaborate & Enrich to meet standards based on Analytics/AI /Sales data
Push product updates back to stores, channels & marketplace (REST API)
Sample use cases
Catalog Products CSV(s)Existing & New SKUs Onboarding
Any System – API/CSVCloud to Cloud Onboarding
e-Commerce(Existing, Shopify/Magento..)
Channel Advisor(Existing)
Channel Advisor(Optimized /Channel Ready)
e-Commerce(Optimized)
Data Ready for Target(Turnkey –No change to Workflow)
Content Health Report(e-Commerce Standards)
Content + Analytics
Content Analytics
AIA Use cases
1. Is your revenue & data, driven by AIA (AI & Analytics)?
2. Are your product pages as good as Amazon?
3. Are you gaining market share in key categories of products?
Content Health Report (e-Commerce Standards) or
Data Ready for Target System
Catalog Product CSV(s)(API, EXCEL) Content Analytics
Measure, monitor & monetizeAssortments across all channels
e-Commerce(Optimized)
e-Commerce(API, Excel)
1. Are you happy with conversion rates across all categories?
2. Are your products discoverable on Google and Amazon?
3. Are you addressing Content Gaps with real-time Monitoring?
Content Analytics
Measure, monitor & monetizeAssortments across all channels
Content AnalyticsChannel Advisor(Channel Optimized)
Channel Advisor(Existing/New SKUs)
1. Are you losing sales on Amazon to your competitors?
2. Are your product catalog problems, a barrier to online sales?
3. Are Listing Errors costing you revenues?
Example – Medical Device Compliance Problem
1. Data Quality and Completeness unknown
2. Manual and Individual data corrections
3. Duplication of data management efforts
4. Inability to validate FDA rules before sending to registrars
Medical Device Manufacturer
• Source System SKU Creation• Data Acquisition in Excel /PIM
1WorldSync GDSN or Manual FDA Registration
• FDA Registration Process Management• Communications (pass/fail) with GUDID• Global Synchronization Processes/Services
FDA Pass/FailFailure mostly due to incomplete or non-compliant data
Example – Medical Device Compliance Solution
Medical Device Manufacturer
• Source System SKU Creation• Data Acquisition in Excel /PIM
1WorldSync GDSN or Manual FDA Registration
• FDA Registration Process Management• Communications (pass/fail) with GUDID• Global Synchronization Processes/Services
SKUmagic Compliance Scorecard & Data Cleansing
• Content Health Reports/Gap Analysis• Bulk Cleaning & Standardization tools• FDA Business Rules Validation• Enriched and Optimized Content
FDA Pass/FailFailure mostly due to incomplete or non-compliant data
SKUmagic, SKUboarding, SKUmobile, SKUcommerceNext Steps
1
2
3
4
ANALYTICS & AI
CSV Files/API
CONTENT HEALTH REPORTSSUPPLIER SCORE CARD
TURNKEY ANY SYSTEM
GOOD
POS
BAD
Optimized
RETAILER 1 CARD
RETAILER 1 Channels
RETAILER 3
RETAILER 4 OMNI CHANNEL
POS
SUPPLIER 1
SUPPLIER 2SUPPLIER 3
SUPPLIER 4
SKUBOARDING
SUPPLIER 1
SUPPLIER 2 SUPPLIER 3
SUPPLIER 4
SKUservices
Mobile Devices
UPLOADCVS Files/API
ANALYZEContent Health Report
OPTIMIZEProduct Scoring & Intelligence
PUBLISHe-Commerce Channels
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Content Analytics, AI & scoring platformSkyrocket e-Commerce, Marketplace & channel sales
Thank you
Questions or comments please email us [email protected]