-The importance of relevant content for creating a great customer experience
There are different strategies for a retailer to convert on their customer base: price, quality, assortment etc. But regardless of what strategy you choose, you have to be relevant to your customers. If you compare an offline store experience with an online experience you can do some analogies between the two.
The times when I feel comfortable is when a competent and well-informed sales person in a store takes care of me, gives me a fantastic product experience with his/her product knowledge, has the ability to give me advice on combinations of products, and just makes me feel good. If this happens, I will buy more.
If you know about the fantastic book “Thinking, Fast and Slow” by Daniel Kahneman, you know that we have two systems operating in our minds. It is System 1 that makes most of our decisions - based on feelings, not on rationality. It is all about how the story and the experience of the product is affecting us when we are making the decision to purchase.
If you translate this to a web shop experience, for me it boils down to the hidden sales cycle: the lack of a physical person taking care of me on this journey of experiencing the product. To achieve a similar experience, you must work with the facets of your products. Make sure that all your products have enriched content that is relevant to me at that moment and in that situation, but also guide me. Give me the same experience as in a store with a sales person - just without the physical interaction.
Trained sales people, and having the best ones in your store, can be translated to the web shop by having to put in the work for enriching your product content - to be able to give all your customers relevant advice and a fantastic experience when browsing through your assortments. There is no way around this if you want to stay relevant to your customers. If you do not put in the work of enriching your product content and making it relevant, your customers will not be inspired by your products, they will not understand your product proposition. Or even worse: without great content, relevant products may not show up when searched for, might be filtered out unnecessarily, or may miss out on displaying related products. That is not part of a great customer experience.
-- Jimmy Ekbäck, CTO --
When you make a platform choice in the world of acronyms like PIM or MDM, I believe that you should seek to minimize your exposure to risk, and maximize the gains (create better product stories and customer experiences) for your organization. We all know that implementing large and comprehensive multi-domain platforms are always tightly linked with corresponding large risks. You can never 100% control the risks involved with implementing new platforms, but by choosing an agile, purpose-built, best-of-breed platform, you will probably minimize your exposure to the unknown risks when moving forward. You will have your agile solution faster in place, and will be much quicker in re-evaluating it and adjusting it to new market demands or to new requirements within your organization.
The only time a large multi-domain platform looks superb is on the whiteboard in the planning phase or the pre-planning phase, because you will be drawn in by the seemingly simple and false notion of having everything in one solution that handles every aspect of our business. The illusion of not needing other solutions since there is always a module and no requirements for integrations may seem comfortable. But moving into a real implementation with real requirements, and entering the real world of unknown risks that the best analytics did not know two months ago, will probably give you an extreme headache. Trying to adjust, or being agile with a large multi-domain platform will always be harder, because changing a tightly interdependent system influences all aspects of the platform and will require significantly more work than a purpose-built independent system.
“Everything is fine today, that’s our illusion”
“To improve is to change; to be perfect is to change often”
- Winston Churchill
To minimize your exposure to risks and maximize your organization’s gains, be on a flexible purpose-built platform.
-- Jimmy Ekbäck, CTO --