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Developing a conversion rate optimization framework for digital retailers—case study

To stay competitive against e-commerce, many retailers started to adopt a digital retail strategy, leveraging a myriad of online and offline touchpoints to increase their customer experience and, as a result, their sales. However, currently, no guidelines exist on how digital retailers can identify,...

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Detalles Bibliográficos
Autores principales: Zimmermann, Robert, Auinger, Andreas
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Palgrave Macmillan UK 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8864459/
http://dx.doi.org/10.1057/s41270-022-00161-y
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author Zimmermann, Robert
Auinger, Andreas
author_facet Zimmermann, Robert
Auinger, Andreas
author_sort Zimmermann, Robert
collection PubMed
description To stay competitive against e-commerce, many retailers started to adopt a digital retail strategy, leveraging a myriad of online and offline touchpoints to increase their customer experience and, as a result, their sales. However, currently, no guidelines exist on how digital retailers can identify, evaluate, and influence sales impacting touchpoints along the customer journey. Hence, this study derives key elements of a conversion rate optimization framework, which can be used to increase sales of a digital retailer. Additionally, the derived framework is tested with the Austrian subsidiary of an international sports appeal and equipment retailer giving insights into its practical applicability. Results indicate that the developed framework can indeed be used to identify sales influencing touchpoints, which can be altered by specific marketing actions to increase sales of a digital retailer.
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spelling pubmed-88644592022-02-23 Developing a conversion rate optimization framework for digital retailers—case study Zimmermann, Robert Auinger, Andreas J Market Anal Original Article To stay competitive against e-commerce, many retailers started to adopt a digital retail strategy, leveraging a myriad of online and offline touchpoints to increase their customer experience and, as a result, their sales. However, currently, no guidelines exist on how digital retailers can identify, evaluate, and influence sales impacting touchpoints along the customer journey. Hence, this study derives key elements of a conversion rate optimization framework, which can be used to increase sales of a digital retailer. Additionally, the derived framework is tested with the Austrian subsidiary of an international sports appeal and equipment retailer giving insights into its practical applicability. Results indicate that the developed framework can indeed be used to identify sales influencing touchpoints, which can be altered by specific marketing actions to increase sales of a digital retailer. Palgrave Macmillan UK 2022-02-23 2023 /pmc/articles/PMC8864459/ http://dx.doi.org/10.1057/s41270-022-00161-y Text en © The Author(s) 2022 https://creativecommons.org/licenses/by/4.0/Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Original Article
Zimmermann, Robert
Auinger, Andreas
Developing a conversion rate optimization framework for digital retailers—case study
title Developing a conversion rate optimization framework for digital retailers—case study
title_full Developing a conversion rate optimization framework for digital retailers—case study
title_fullStr Developing a conversion rate optimization framework for digital retailers—case study
title_full_unstemmed Developing a conversion rate optimization framework for digital retailers—case study
title_short Developing a conversion rate optimization framework for digital retailers—case study
title_sort developing a conversion rate optimization framework for digital retailers—case study
topic Original Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8864459/
http://dx.doi.org/10.1057/s41270-022-00161-y
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