How can eCommerce product listing service provider boost ROI

How can eCommerce product listing service provider boost ROI

Introduction 

For your product to stand out in a competitive marketplace, it takes more than merely listing it. You need accurately listed details, competitive prices, and high-quality images to convert visitors. But here’s the catch – creating, uploading, and managing these listings is an ongoing process, often challenging. Do you have the time and resources to monitor your online store consistently while still focusing on other business activities? This is where an eCommerce product listing service provider can help you save time and effort. 

In this blog, we will explore the challenges faced by eCommerce businesses in creating and managing product listings and how a product listing service provider can help overcome them. 

What are some challenges eCommerce businesses face when creating product listings? 

The process of creating and maintaining product listings for eCommerce has many facets. It requires a thorough investigation of product specifications, aggressive pricing tactics, and comprehension of the subtleties of various eCommerce platforms. This can pose substantial problems for business owners who are already managing many other business chores. Here’s a closer look at some of the common hurdles:

Updating product listings

Keeping your product listings updated is a constant challenge. It requires you to have a steady eye on the market, competitor adjustments, seasonal patterns, new product launches, and even changes to current items calls for continuous attention to detail. These challenges are further made difficult due to technical hiccups and a lack of dedicated team or expertise, resulting in data inaccuracy that disappoints customers and reduces sales.  

Managing listings across multiple channels

Each marketing channel, whether a marketplace or social media platform, has its unique data structures, formatting requirements, and listing limitations. Additionally, all platforms have different audiences. Hence, simply replicating listings across all channels is not optimal. 

Optimizing product listings for each platform requires a thorough understanding of these variations. Especially with an extensive product catalog, manually optimizing listings while handling other core business activities can be error-prone and time-consuming. This is why many business owners opt for eCommerce product listing services to maximize ROI

Managing complex product structures like serialized items or kits/product bundles

Data inconsistencies while listing complex products can lead to order fulfillment errors and customer frustration. This is especially true when you deal in serialized items or bundles/kits.

  • Serialized items, each with unique identifiers such as SN (serial number), model number, and IMEI (International Mobile Equipment Identity) number, require continuous maintenance and tracking within the inventory management system. For example:

Managing complex product structures like serialized items or kits/product bundles

Source: eBay

  • Similarly, when selling bundled products, it’s crucial to specify the composition and nature of the products, ensuring all component SKUs are linked accurately. 

Listing such products might require professional eCommerce product listing services as inefficient product listings can be a potentially costly undertaking for an eCommerce business.

How can an eCommerce product listing service provider help you overcome these challenges? 

eCommerce product listing service providers improve your listings and overall online presence. They can do the following: 

Update product catalogs 

An eCommerce product listing service provider can help you keep your listings updated by ensuring that your product catalogs always show the latest information. These providers assist in fine-tuning products to reflect real-time changes in prices, new product availability, stock status, promotions, and other relevant updates.

Synchronize inventories across various marketplaces

They ensure all your inventories are updated with the most recent data is crucial to avoid overselling and customer dissatisfaction. These providers also offer product data entry services that help businesses manage product availability and monitor stock levels across multiple marketplaces.

Tailor content specific to the platforms

These providers assist in creating and optimizing product listings, ensuring consistency and accuracy across different channels like Amazon, eBay, Walmart, and more. For instance, Amazon product listings are more standardized and experience a greater degree of control by Amazon. On the other hand, eBay product listings are more flexible, allowing sellers to customize. eCommerce product listing service providers adhere to such platform-specific advertising guidelines and ensure your product listings convert more visitors into customers.

Optimize product listings for better visibility

They conduct thorough keyword research to identify relevant search terms with high traffic potential and lower competition. Further, they integrate these keywords throughout product titles, descriptions, category placements, and even image alt tags. eCommerce product listing experts also understand the potential of long-tail keywords that reflect specific customer queries. By incorporating these, they attract highly relevant traffic genuinely interested in purchasing your products.

Verify data for complex product listings

By choosing professionals, you can verify product information for complex listings (for example serialized items) and ensure each unique identifier is recorded correctly. They can also specify the components within a bundle to ensure all associated SKUs are linked correctly. Moreover, their human-guided yet automated data feeds can synchronize this product information within your system and across multiple listings. This minimizes errors and ensures accurate product tracking from inventory to fulfillment.

How does this boost your business ROI?

Outsourcing eCommerce product listings offers many benefits in the long term. Some of these are:

Increased visibility and traffic

eCommerce product listing service providers ensure your products are placed in the most relevant categories on your chosen platform, improving their discoverability. This attracts more visitors and increases the conversion. Moreover, the easier it is for them to find your products, the less you need to spend on marketing to reach them. This combination of increased discoverability and decreased marketing costs impacts your overall ROI.

Reduced errors and customer attrition rates

Customers who receive products that don’t match the listing description are more likely to initiate returns. Listing service providers employ a variety of data validation methods to verify the accuracy of product descriptions, specifications, pricing, and inventory levels. This ensures clarity and builds customer trust in your brand’s ability to deliver what it preaches, ultimately reducing attrition and return rates.

Improved conversion rates

Compelling product descriptions and high-quality images created by listing service providers can create a more engaging shopping experience for potential customers. This can result in higher conversion rates as more visitors get attracted to your products, enhancing your ROI.

Reduced costs

Outsourcing reduces the need for you to recruit and manage an in-house team dedicated to product listing management. This saves you on salaries, benefits, and onboarding costs. 

Moreover, many service providers offer a flexible pricing structure depending on your specific requirements (in terms of volume and complexity). This can further save you from straining additional resources and hence, reduce your overall cost.

Conclusion

While eCommerce product listings can be a game changer for your online business, you can only see the results when they’re created, uploaded, and optimized accurately. This is where a reputed eCommerce product listing service provider comes into play. Their expertise and strategies streamline listing creation and allow you to harness the full potential of your online presence. Partnering with them allows you to focus on core business activities while elevating your listings into powerful sales and conversion tools.

Author Bio:

Sophie Hayes is an eCommerce consultant and a keen blogger, currently working at Team4eCom. With over 11 years of experience in the industry, she specializes in topics revolving around the eCommerce domain, such as online marketing, eCommerce PPC, store optimization, listing optimization, eCommerce SEO services and product listing. Moreover, she has a great knowledge of the leading eCommerce platforms and marketplaces like Amazon, eBay, Walmart, Target, and others. She incorporates this understanding in her write-ups to help online retailers and businesses follow the best practices, take their business to new heights, and gain a grounded footing in the market.

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