Data-Driven Marketing for eCommerce Stores
Learn key insights to using data-driven marketing to optimize campaigns, track customer behavior, spot buying trends, and boost eCommerce revenue.
5 min read
Tim Bucciarelli : April 4, 2022
Integrated Digital Marketing is an approach to executing marketing campaigns across multiple digital channels which leverages the complementary strengths of each individual tactic and channel to create a more efficient and effective, unified campaign.
A channel is the main platform or primary communication outlet where tactics will be executed. Channels can be defined in the broadest sense (e.g., Paid Advertising) or in more narrow categories (e.g., Google Ads, YouTube Ads, LinkedIn Ads, etc.)
A tactic is the specific process or vehicle by which you will implement your digital marketing strategy across the selected channels as well as the intended goal. In other words - what you will produce or “do” and what you expect to achieve.
Here are some examples of the Channels and Tactics most commonly involved in an integrated digital marketing strategy for eCommerce businesses.
Channel | Tactics |
Website |
|
Paid Digital Ads |
|
Email Marketing |
|
Social Media |
|
Other - multiple channels |
|
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Tactics and channels should be selected based on how well they support or complement one another. This allows for more efficient ad spend and use of time and resources and usually results in performance that is greater than the sum of its parts.
Obviously, many factors will impact which channels and tactics are right for your integrated digital marketing strategy. Defining each of these factors is a good place to start:
Once you’ve defined these factors, rank them in order of priority or how much of an impact they have on your strategy.
Example 1 - Limited Budget:
If you have an extremely limited budget but plenty of time and expertise on your marketing team, then Budget is probably the number 1 most important factor to consider when selecting channels and tactics. You may want to emphasize organic tactics which don’t require ad spend and instead leverage the skills of your team to develop landing pages for your website or publish content to your social media channels.
Example 2 - Limited Time:
If time and duration are more critical for your campaign, but you have a healthy budget and resources to execute, you should focus on channels and tactics which do not require lengthy ramp-up periods to gain momentum. Paid Search ads can take weeks, and often months to return optimal (efficient and cost-effective) results. But Google Shopping and Display Ads paired with a comprehensive email marketing campaign can often be more effective methods to build momentum quickly.
Understanding the key factors which impact your marketing goals is an important first step to selecting your channels and tactics.
The next step is understanding your target audience and where they are in the sales funnel. This too can be very broad or granular depending on your goals and campaign objectives. Broadly speaking, most eCommerce customers fall into one of these funnel categories:
When it comes to eCommerce customers, there are many tools that can help track, analyze and segment your customer base.
For newer eCommerce businesses who have not yet collected a lot of data internally, you can lean on external tools (like SEMRush, or Moz) to understand what and how much customers are searching for your products or services, or how visible your brand is compared to your competitors. Metrics like these can tell you a lot about your potential customer base, especially if the bulk of your audience is still in the early stages of the sales funnel or maybe haven’t even entered it yet!
For more established eCommerce stores, however, the best place to start in defining your customer base is usually with internal data sources - Google Analytics and your own site’s transaction, order, and customer data.
Take a look at the traffic sources report in your Google Analytics account - this will tell you where users are coming from / how they’re getting to your site and it can give you an idea as to whether they're actively shopping (in the sales funnel) or they’re in a more passive stage of the funnel.
For example - if the majority of your site visitors come from the Organic channel - this likely means those customers are high up in the sales funnel. They may still be in a more passive research or awareness-building phase. They're finding your site or product in organic search results but - depending on what they’re searching for - may not necessarily be aware of or loyal to your brand yet.
Planning your marketing spend to maximize ROI.
To make the most of your marketing initiatives and ensure a high return on ad spend (ROAS), hiring an innovative eCommerce marketing agency can help you achieve your revenue targets and company goals. From SEO to paid social to affiliate marketing, we offer a full range of custom digital marketing services tailored for eCommerce brands.
IronPlane is an eCommerce marketing agency and eCommerce Solutions Partner that provides integrated services tailored to your business goals. Schedule a free consultation today.
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