From Siloed to Seamless: Shopify Insights on Why Businesses Need Connected Commerce
Today, a seamless and unified customer experience is no longer a luxury, it's a necessity.
Consumers expect to effortlessly navigate between online stores, physical locations, mobile apps, and social media, with a consistent brand voice and product availability greeting them at every touchpoint.
This is where connected commerce comes in, offering a powerful evolution beyond the limitations of omnichannel retail.
Last month Chloe got to chat with Shopify's Benjamin Lang all about this - here's our summary of the conversation and you can Listen to the whole podcast here
Omnichannel vs. Connected Commerce: Bridging the Gap
Omnichannel commerce treats each channel a business operates on, such as online stores, physical stores, social media, and mobile apps, as separate entities that may communicate with each other.
In contrast, connected commerce aims to create a unified customer experience across all these touchpoints. Imagine a single platform that seamlessly integrates data and functionality from all your sales channels.
This allows customers to move effortlessly between channels, regardless of where they start their journey. They might browse a product online and then check its availability at a nearby store, or vice versa. This unified experience fosters a smoother and more consistent shopping experience, no matter which channel a customer interacts with first.
Why Connected Commerce Matters
The benefits of connected commerce go beyond convenience for customers.
Here's why businesses should prioritize this approach:
- Enhanced customer experience. Customers today value personalization and consistency. Connected commerce allows businesses to cater to these needs by delivering targeted promotions, offering product recommendations based on purchase history and browsing behavior, and ensuring consistent pricing and product information across all channels.
- Improved operational efficiency. Imagine managing product inventory, customer data, and marketing campaigns in separate silos. Connected commerce streamlines operations by providing a single platform for managing everything. This reduces redundancy, saves time, and minimizes errors.
- Data-driven insights. By unifying data from all channels, businesses gain valuable insights into customer behavior. This allows for better targeted marketing campaigns, optimized inventory management, and the ability to personalize the customer journey at every touchpoint.
- Increased sales and customer loyalty. A seamless, personalized shopping experience fosters brand loyalty and encourages repeat business. Additionally, connected commerce can incentivize cross-channel activity, leading to increased sales opportunities.
Building Your Connected Commerce Strategy
The road to connected commerce isn't paved with one-size-fits-all solutions.
Here are some key considerations:
- Invest in the right technology stack. A good and integrated technology stack forms the foundation of connected commerce. Invest in technology that’s agile and scalable. The right technology stack is essential for adapting quickly to new trends and customer demands.
- Prioritize data management. Data collection and analysis are crucial to understanding customer behavior and optimizing the connected commerce experience. Invest in data analytics tools that allow you to glean insights from purchase history, website behavior, and social media engagement across all channels.
- Foster a culture of collaboration. Connected commerce isn't just about technology; it requires a shift in mindset. Promote collaboration between marketing, sales, customer service, and IT teams to ensure everyone is working towards the goal of delivering a seamless customer experience.
- Embrace continuous improvement. Connected commerce is a continuous process of optimisation. Regularly analyze data, gather customer feedback, and make adjustments to your strategy as needed. Stay updated on the latest trends and technologies to maintain a competitive edge.
The Future of Retail: Powered by Connected Commerce
The future of retail belongs to businesses that prioritize customer experience and leverage technology to create a seamless, connected shopping journey. By embracing connected commerce, businesses can unlock a world of enhanced customer loyalty, operational efficiency, and increased sales. Invest in the right tools, cultivate a data-driven culture, and prioritize collaboration – these are the pillars of a successful connected commerce strategy.
Remember, it's not about achieving perfection overnight. The key lies in continuous improvement, a willingness to adapt, and a commitment to delivering an exceptional customer experience across every touchpoint. By embracing connected commerce, you're not just keeping up with the evolving retail landscape – you're shaping the future of how customers discover, interact with, and become loyal to your brand.
You can hear Ben Lang from Shopify discussing this on the Keep Optimising podcast here, or download Shopify's latest guide to Connected Commerce (featuring our very own Chloe Thomas) here