5 Ways Augmented Reality is Changing eCommerce and Dazzling Buyers in 2023

5 Ways Augmented Reality is Changing eCommerce and Dazzling Buyers in 2023

“I do think that a significant portion of the population of developed countries, and eventually all countries, will have AR experiences every day, almost like eating three meals a day. It will become that much a part of you.”<span class="su-quote-cite">Tim Cook, Apple (2016)</span>

 

In 2021, retail eCommerce sales amounted to approx. $5.2 Trillion US dollars worldwide. Over the next 4 years, this number is forecasted to increase by 56%, to almost 8.1 Trillion, by 2026.

More merchants than ever before are investing in online stores as the industry booms. To maintain dominance in the rapidly growing market, leading brands are turning to Augmented Reality.

 

What is Augmented Reality?

 

Augmented Reality is the practice of using an AR-capable device (like a smartphone or smart glasses), to superimpose computer-generated images over real life. This gives users the impression that the superimposed image is in the real world, allowing users to interact with products physically, without ever leaving their homes. Take a look at the images below to get an idea.

 

Augmented Reality Example 1

 

Today, most US consumers already have devices that support AR experiences (yes, even you). This holiday season, expect Augmented Reality’s importance in retail to truly shine, considering in-store shopping is at an all-time low. Even B2B companies are investing in the technology for a variety of applications, from eCommerce to operations. If you don’t keep up with this trend, you could be part of the growing list of organizations falling behind during the pandemic. Continue reading to see a few AR experiences companies are using already, and some you can try yourself.

 

1) A New Standard in At-Home Retail.

Companies like Amazon and Apple are already utilizing AR experiences to bring the in-store experience into consumers’ households. With AR, shoppers can view items like furniture or appliances on their mobile devices, and place 3D product models in their home virtually. Phone and tablet users can view products anywhere, giving them the freedom to see if products fit in the space they are buying it for, prior to purchase. Consumers can ensure items are what they’re looking for, from size to shape and color, all from the comfort and safety of their homes. Check out this Augmented Reality model we built for Jura Coffee machines:

 

 

Jura Coffee Machines

Using augmented reality, we created an at-home shopping experience for Jura. With our AR design, customers can see how Jura’s coffee machines appear on their kitchen counters from home. With in-store traffic at an all time low in 2020, experiences like this help customers see the product without visiting a Jura location. Scan the code with your smartphone to view the model at home!

⬅️   Tap the buttons on the right of the image to see product features and dimensions.

 

 

In this way, AR gives buyers confidence that they are buying the right item and limit returns with Augmented Reality. Shopping for a new couch or coffee machine? Make sure it fits before tapping “buy,” without ever visiting the store.

 

In Home Retail Augmented Reality

 

For Retail, AR’s Future is Clear

 

Redstage’s Global Creative Director, Christopher Yin, had this to say about AR’s role in eCommerce: “Wayfair, Target, Walmart, Ikea, and every other juggernaut of retail has and will invest large sums in Augmented Reality in the near future, as it is the clear trend. To keep up with the largest companies in the world, you must give your customers unique and memorable experiences to retain them.” The stats speak for themselves:

  • 61% of shoppers said they would prefer to shop at stores that offer AR, as opposed to ones that don’t.
  • 40% of shoppers said they’d be willing to pay more for a product if they could experience it in AR.
  • 71% of shoppers would shop at a retailer’s store more often if they offered AR.

 Source: Retail Perceptions

 

2) Unique Experiences in Consumer Goods

 

In Store Augmented Reality

 
Virtual Try-On gives the In-Store Experience At Home

 

While you don’t need a dedicated app to enable AR experiences, these are a few ways top names in CPG are taking the tech to the next level. Augmented Reality is already being used to enhance in-store experiences. Utilizing their branded AR app, shoppers at American Apparel can scan clothing and footwear right on the rack and view information typical of an eCommerce store right from their phone. They can find the right sizes, colors, styles, and even customer reviews all while shopping in the store.

With Sephora’s in-store “magic” mirror, shoppers can try on different kinds of makeup with Augmented Reality. With facial recognition technology, smart mirrors can automatically detect different facial features and apply a wide variety of cosmetic products directly to users’ reflections. Remember, 40% of shoppers said they’d be willing to pay more for a product if they could experience it in AR. This applies to in-store shoppers as well.

 

 

 

AR Try On

We designed this sample model of an AR Eyeglasses to show retailers and manufacturers how popular appliances can be viewed from anywhere.

📲 Point your smartphone camera at the QR code to try it out, wherever you are!

 

 

It’s easy to see how experiences like this increase customer satisfaction by ensuring they get the product they want. This prevents the disappointment of out-of-stock products while reducing returns and increasing sales. Bring the online shopping features your customers love to your physical stores and see in-store sales grow in tandem.

 

3) Augmenting Products and Packaging

 

 

 

 

Recently, the team at Redstage created an AR concept for Panini, one of the largest manufacturers of sports playing cards in the world. The benefits of this AR experience include:

  • Adding an interactive dimension to playing cards.
  • Encourage use of branded apps to experience AR, encouraging up-sells.
  • Provide new experiences to engage and entice customers to purchase.
  • Allow shoppers to check packaging in-store for AR experiences in the aisle.
  • The potential to revolutionize the playing card and collectibles industry.

 

 

 

 

Lidar scanned shoes

We used Lidar scanning to create this model with ultra realistic results. This technique is best suited for clothing and organic objects vs traditional 3D modeling.

📲 Point your smartphone camera at the QR code to try it out, wherever you are!

 

4) Augmented Reality Gives Confidence and Freedom in Fashion

 

Augmented Reality Try It On At Home Luxury Goods

 

There’s nothing worse than buying clothing online that ends up not looking, feeling, or fitting how you hoped. Dodge returns this holiday season by using Augmented Reality to let shoppers virtually try-on clothes. Let them see the fit and cut of clothes in real-time, on their body, or let them walk around apparel items on a virtual model.

Do the earrings match? Is the dress long enough? Most of the time, shoppers don’t know their dimensions off the top of their heads. With AR, 3D product models are based on real dimensions, increasing buyer’s confidence in their purchase. Again, this will undoubtedly lower returns and can grow repeat customers who enjoy the experience.

 

AR for Accessories & Luxury Goods

 

 

Ring

We designed this sample model of an AR Ring to show retailers and manufacturers how popular appliances can be viewed from anywhere.

📲 Point your smartphone camera at the QR code to try it out, wherever you are!

 

 

Continuing in the theme of “bringing the in-store shopping experience to your home,” it’s just as important for consumers to see how accessories look on their body without visiting the store. Imagine seeing rings on your fingers, a watch on your wrist, or a necklace on your neck, without ever stopping by the jewelry store. All this and more is being implemented by top brands today. Sephora and Covergirl are even using AR for new makeup and cosmetics experiences.

So far, we’ve seen the Try-It-On-At-Home (TIOAH) AR experience implemented for:

  • Bracelets
  • Earrings
  • Makeup
  • Nail Polish
  • Necklaces
  • Rings
  • Watches
  • And more!

 

5) Using Your eCommerce Platform for Augmented Reality

Apparel designer Rebecca Minkoff has been improving conversion rates consistently with AR and 3D models, here’s how:

 

 

Rebecca Minkoff has been using 3D models on their product pages since the fall of 2019. 3D models give customers a 360-degree view of products, increasing interactivity over stationary photos. Jon Wade, head of Augmented and Virtual Reality at a leading eCommerce platform says, “We’ve found that visitors who interacted with a 3D model were 44% more likely to add a product to their cart and 27% more likely to place an order that visitors who didn’t. Furthermore, when visitors viewed a product in AR, they became 65% more likely to make a purchase.”

 

“Visitors who interacted with a 3D model were 44% more likely to add a product to their cart and 27% more likely to place an order that visitors who didn’t. Furthermore, when visitors viewed a product in AR, they became 65% more likely to make a purchase.”

 

Knitted tie manufacturer Broni and Bo is another merchant utilizing Augmented Reality in their online showroom. Enhanced with facial recognition software, customers can try on knitted bowties and wedding ties before the big day, giving customers confidence that they chose the right look. There’s no limit to the experiences you can give customers with Augmented Reality and 3D models.

 

Bow Tie Facial Recognition

 

 

AR models can bring your product pages to life and automatically display interactive 3D models when viewed on a desktop computer. Increase buyer engagement and make consumers more confident in their purchase from the beginning with AR and 3D models.

 

Misconceptions about Augmented Reality:

 

1) It’s too expensive: FALSE!

Implementing Augmented Reality in your online store is not nearly as expensive as you may think, which is why so many companies are investing in it right now.

 

2) It’s difficult and time-consuming to build AR models: FALSE!

With the right team, who has experience and knowledge, it is both easy and fast to implement Augmented Reality and 3D models into your store.

 

3) Implementation requires additional tech and infrastructure: FALSE!

Most eCommerce platforms are already set up to allow for Augmented experiences. They take no extra implementations or infrastructure to implement!

Jon Wade, head of AR and VR at Shopify, mentioned this about AR’s ease of use, “Any mainstream browser works for AR, you don’t need any additional hardware, software, or expert knowledge to experience it. It works on all new mobile devices, desktops, and tablets.”

 

4) AR will kill the load-time of my product pages: FALSE! 

The right team can implement AR experiences without sacrificing load time or website performance.

 

Want to Learn More About AR Implementation?

To show you how easy it is to make an AR design, send a .EPS file of your company’s logo to info@redstage.com and we’ll send you an AR model of your company logo for free. Test out the technology and see how quick the turn around time can be.

To learn more about how we can bring your AR dreams to life, visit https://www.redstage.com/augmented-reality-design to schedule your free consultation.

 

5 Must-Have B2B eCommerce Features for 2023

5 Must-Have B2B eCommerce Features for 2023

In the past few years, B2B companies across industries have been adopting eCommerce as the main channel for selling products. B2B eCommerce alone accounts for $1 Trillion in sales today and continues to grow. According to Statista, Millennials now make up over 60% of the B2B buyer demographic, making them the single largest demographic of B2B buyers today. But what does this mean for you, the B2B seller?

As buyers grow more accustomed to better customer experiences provided by top eCommerce platforms, there are a growing number of features this new generation of buyers has come to demand from their suppliers. In order to grow your sales pipeline, retain, and attract these buyers you should seriously consider these 5 must-have B2B eCommerce features.

 

B2B eCommerce Features Your Store Needs

 

1. Advanced Site Search

 

on site search advanced search

 

Advanced on-site search is crucial for making sure your customers can find exactly the products they need quickly and easily. Typically, B2B products have a lot of specific parameters, (weight, length, height, size, shape, etc.), making searches easy by allowing customers to search by these parameters or SKU numbers.

“We’ve seen the conversion rate of users who search be 6-8x that of visitors that don’t use search,” says Redstage CEO Adam Morris. “Utilizing search shows intent and having a powerful search is crucial to capturing high converting customers. If a user can’t find the exact product they’re looking for due to slow, out-of-the-box, and not customized for market searches, you will lose the sale.”

A powerful advanced on-site search can make all the difference. Smart search features reduce the likelihood of expensive returns, refunds, and abandoned carts. In Klevu’s recent report, they found that 50% of B2B buyers identify improved personalization as a key factor when searching for online suppliers with whom to build business relationships. Furthermore, 48% of consumers spend more when they receive personalized experiences. Because of this, it’s critical to provide the best search experience possible. Don’t let a sub-part search experience keep you from unlocking guaranteed sales. See the rest of the report here.

 

 

“We’ve seen the conversion rate of users who search be 6-8x that of visitors that don’t use search” – Redstage CEO Adam Morris

 

 

2. Custom Product Filters

 

advanced product filters product categorization categories

 

Giving your customers the ability to filter by different product parameters allows them to quickly find what they’re looking for on the category page. Custom product filters allow merchants to display more information about a product’s qualities or attributes and allow customers to more easily refine product searches.

AI-driven dynamic filters on your category pages can automatically display the most relevant attributes to customers, making the buying process even easier. Adding images in product filters can make the process even faster and remove another chunk of friction from the process.

One of our Redstage’s platform expert Solution Engineers, Benjamin Shapiro, had this to say, “If evaluating an eCommerce system, consider what options are available for custom product filters. Does the platform natively support this? Does the native search work well with custom filters? Are there third-party options available? Choose a system that meets your unique requirements or that can be built to suit if required.”

These can make all the difference between your customers finding the exact product they need or abandoning your site for a competitor.

 

3. Customer Segmentation Groups and Profiles

 

b2b customer profile

 

Segmenting different buyers into customer groups allows you to create profiles for certain kinds of buyers. This allows you to ensure different customers get the right pricing and see the products most relevant to them. It also enables you to utilize upselling and recommendations to increase average order value (AOV). Keeping your customer groups in mind when setting up site search and custom filters is key to helping the right customers see the right filters and results.

Using segmentation, separate customers into categories by company size, company needs, and industry. This can help you provide another layer of personalization and more value to different kinds of customers. A report done by Notify Visitors found that 80% of consumers do business with brands that customize their experience to them. They also found that segmentation makes firms 60% more likely to understand customers’ challenges and concerns and 130% more likely to know their intentions. This makes selling the right products to the right customers exponentially easier.

“Successful B2B eCommerce includes considering customers individually and as groups,” says Shapiro. “Consider setting aside time to evaluate your current Customer Group/Segmentation strategy and review the data of both customer groups and individual customers. Segmenting your customers is an opportunity to drive additional revenue through your eCommerce platform and provide your marketing team with valuable insight into customer behavior.”

 

4. Advanced Shipping Options

 

advanced shipping fulfillment logictics

 

Some B2B buyers want fast shipping, even if it’s not cheap. At the same time, others want shipping to be as cost-effective as possible, no matter how long it may take. Keeping your new customer segments in mind, B2B sellers must provide advanced shipping options for all their buyers and serve their individual needs. Many B2B companies have complex shipping needs, like delivery to multiple locations or drop-shipping from different warehouses to keep inventory down.

Utilizing fulfillment software, such as ShipperHQ, can increase productivity and decrease headaches and hiccups. The right shipping software can help build a shipping strategy that aligns with your business goals and these customer demands. Provide automatic checkout that considers what they’re ordering, how frequently, and how much volume every time to increase reorder rates. And, provide order tracking and tailored shipping rates to customers with discounts and other arrangements automatically, all within one system.

 

5. Product Information Management software

product information management

 

Due to complex product catalogs and new buyer habits, it can be difficult for online merchants to keep product information updated and consistent across multiple selling channels or sites. Think about how complex information gets across Amazon listings, Walmart, local retailers, and DTC channels. A product information management solution (PIM) can help. These solutions provide a single dashboard to collect, manage, and enrich your product information. 

PIMs save you money by lowering product enrichment costs by up to 5x. They can also reduce returns by as much as 40%, and increase conversion rate by more than 400%, according to Akeneo. Imagine what you could do by empowering your team with a PIM, allowing them to update or change product info in one place and automatically update it wherever it appears on the web. The ability to update product attributes on the fly will only strengthen the power of custom filters and your advanced search. Altogether, these features can pack a punch and give you a serious edge over the competition.

 

Why You Need To Implement Now

 

B2B distributor The Binding Source saw huge gains after optimizing their B2B buying experience with the features mentioned above. They implemented strong custom product filters on their category pages, integrated ShipperHQ for advanced shipping options and optimizing fulfillment, and built customer profiles and groups to segment buyers for custom pricing and product rules. The result? Within 1 month of launching these new features, The Binding Source conversion rate skyrocket 170%, and saw transactions grow 33%!

These B2B features aren’t simply “nice to have,” they’re must-haves. The stats speak for themselves. If your B2B eCommerce site doesn’t have all the features the new generation of buyers are expecting, they’ll find a competitor of yours that does. Contact Redstage to implement one or more of these features today!

Get the latest eCommerce news, trends, and tips directly in your inbox by subscribing to our newsletter here, and follow us on TwitterLinkedin, and Instagram.

5 Ways Augmented Reality is Changing eCommerce and Dazzling Buyers

5 Ways Augmented Reality is Changing eCommerce and Dazzling Buyers

“I do think that a significant portion of the population of developed countries, and eventually all countries, will have AR experiences every day, almost like eating three meals a day. It will become that much a part of you.”<span class="su-quote-cite">Tim Cook, Apple (2016)</span>

 

According to the Commerce Department, online sales now account for 16% of all U.S. retail sales. In fact, eCommerce sales in the second quarter of 2020 rose by 44.5% compared to the same period of 2019. More merchants than ever before are investing in online stores as the industry booms. To maintain dominance in the rapidly growing market, leading brands are turning to Augmented Reality.

You can watch a free video version of this post, featuring Shopify’s head of AR/VR Jon Wade and Christopher Yin, Redstage’s Global Creative director to see these examples in greater detail and motion and get insights from the experts.

 

What is Augmented Reality?

Augmented Reality is the practice of using an AR capable device (like a smartphone or smart glasses), to superimpose computer-generated images over real life. This gives users the impression that the superimposed image is in the real world, allowing users to interact with products physically, without ever leaving their home. Take a look at the images below to get an idea.

 

Augmented Reality Example 1

 

We started talking about the AR eCommerce “arms race” three years ago. Today, most US consumers already have devices that support AR experiences (yes, even you). This holiday season, expect Augmented Reality’s importance in retail to truly shine, considering in-store shopping is at an all-time low. Even B2B companies are investing in the technology for a variety of applications, from eCommerce to operations. If you don’t keep up with this trend, you could be part of the 12% of companies falling behind during the pandemic. Continue reading to see a few AR experiences companies are using already, and some you can try yourself.

 

1) A New Standard in At-Home Retail.

Companies like Amazon and Apple are already utilizing AR experiences to bring the in-store experience into consumers’ households. With AR, shoppers can view items like furniture or appliances on their mobile devices, and place 3D product models in their home virtually. Phone and tablet users can view products anywhere, giving them the freedom to see if products fit in the space they are buying it for, prior to purchase. Consumers can ensure items are what they’re looking for, from size to shape and color, all from the comfort and safety of their homes. Check out this Augmented Reality model we built for Jura Coffee machines:

 

 

Jura Coffee Machines

Using augmented reality, we created an at-home shopping experience for Jura. With our AR design, customers can see how Jura’s coffee machines appear on their kitchen counters from home. With in-store traffic at an all time low in 2020, experiences like this help customers see the product without visiting a Jura location. Scan the code with your smartphone to view the model at home!

⬅️   Tap the buttons on the right of the image to see product features and dimensions.

 

 

In this way, AR gives buyers confidence that they are buying the right item and limit returns with Augmented Reality. Shopping for a new couch or coffee machine? Make sure it fits before tapping “buy,” without ever visiting the store.

 

In Home Retail Augmented Reality

 

For Retail, AR’s Future is Clear

Redstage’s Global Creative Director, Christopher Yin, had this to say about AR’s role in eCommerce: “Wayfair, Target, Walmart, Ikea, and every other juggernaut of retail has and will invest large sums in Augmented Reality in the near future, as it is the clear trend. To keep up with the largest companies in the world, you must give your customers unique and memorable experiences to retain them.” The stats speak for themselves:

  • 61% of shoppers said they would prefer to shop at stores that offer AR, as opposed to ones that don’t.
  • 40% of shoppers said they’d be willing to pay more for a product if they could experience it in AR.
  • 71% of shoppers would shop at a retailer’s store more often if they offered AR.

 Source: Retail Perceptions

 

2) Unique Experiences in Consumer Goods

 

In Store Augmented Reality

 
Augmented Experiences Enhance In-Store Buying

While you don’t need a dedicated app to enable AR experiences, these are a few ways top names in CPG are taking the tech to the next level. Augmented Reality is already being used to enhance in-store experiences. Utilizing their branded AR app, shoppers at American Apparel can scan clothing and footwear right on the rack and view information typical of an eCommerce store right from their phone. They can find the right sizes, colors, styles, and even customer reviews all while shopping in the store.

With Sephora’s in-store “magic” mirror, shoppers can try-on different kinds of makeup with Augmented Reality. With facial recognition technology, smart mirrors can automatically detect different facial features and apply a wide variety of cosmetic products directly onto users’ reflections. Remember, 40% of shoppers said they’d be willing to pay more for a product if they could experience it in AR. This applies to in-store shoppers as well.

 

Sephora's augmented reality mirror

Image Source: Retail Innovation

It’s easy to see how experiences like this increase customer satisfaction by ensuring they get the product they want. This prevents the disappointment of out-of-stock products while reducing returns and increasing sales. Bring the online shopping features your customers love to your physical stores and see in-store sales grow in tandem.

 

3) Augmenting Products and Packaging

You may have heard about 19 Crimes Wines, and how they utilize Augmented Reality to give a unique experience to customers purchasing their AR-activated wine bottles. In doing so they provide:

  • A new dimension to wine bottles with video to tell brand stories.
  • New experiences to engage and entice customers in the aisle.
  • A viral marketing sensation that drives sales.

 

Augmented Reality Consumer Goods Experience 19 Crimes Wine

 

 

 

 

Recently, the team at Redstage created an AR concept for Panini, one of the largest manufacturers of sports playing cards in the world. The benefits of this AR experience include:

  • Adding an interactive dimension to playing cards.
  • Encourage use of branded apps to experience AR, encouraging up-sells.
  • Provide new experiences to engage and entice customers to purchase.
  • Allow shoppers to check packaging in-store for AR experiences in the aisle.
  • The potential to revolutionize the playing card and collectibles industry.

 

 

 

4) Augmented Reality Gives Confidence and Freedom in Fashion

There’s nothing worse than buying clothing online that ends up not looking, feeling, or fitting how you hoped. Dodge returns this holiday season by using Augmented Reality to let shoppers virtually try-on clothes. Let them see the fit and cut of clothes in real-time, on their body, or let them walk around apparel items on a virtual model.

Do the earrings match? Is the dress long enough? Most of the time, shoppers don’t know their dimensions off the top of their heads. With AR, 3D product models are based on real dimensions, increasing buyer’s confidence in their purchase. Again, this will undoubtedly lower returns and can grow repeat customers who enjoy the experience.

 

AR for Accessories & Luxury Goods

 

Augmented Reality Try It On At Home Luxury Goods

Image Source: TryOn.Jewelry

Continuing in the theme of “bringing the in-store shopping experience to your home,” it’s just as important for consumers to see how accessories look on their body without visiting the store. Imagine seeing rings on your fingers, a watch on your wrist, or a necklace on your neck, without ever stopping by the jewelry store. All this and more is being implemented by top brands today. Sephora and Covergirl are even using AR for new makeup and cosmetics experiences.

So far, we’ve seen the Try-It-On-At-Home (TIOAH) AR experience implemented for:

  • Bracelets
  • Earrings
  • Makeup
  • Nail Polish
  • Necklaces
  • Rings
  • Watches
  • And more!

 

5) Using Your eCommerce Platform for Augmented Reality

Apparel designer Rebecca Minkoff has been improving conversion rates consistently with AR and 3D models, here’s how:

 

 

Rebecca Minkoff has been using 3D models on their product pages since the fall of 2019. 3D models give customers a 360-degree view of products, increasing interactivity over stationary photos. Jon Wade, head of Augmented and Virtual Reality at a leading eCommerce platform says, “We’ve found that visitors who interacted with a 3D model were 44% more likely to add a product to their cart and 27% more likely to place an order that visitors who didn’t. Furthermore, when visitors viewed a product in AR, they became 65% more likely to make a purchase.”

 

“Visitors who interacted with a 3D model were 44% more likely to add a product to their cart and 27% more likely to place an order that visitors who didn’t. Furthermore, when visitors viewed a product in AR, they became 65% more likely to make a purchase.”

 

Knitted tie manufacturer Broni and Bo is another merchant utilizing Augmented Reality in their online showroom. Enhanced with facial recognition software, customers can try-on knitted bowties and wedding ties before the big day, giving customers confidence that they chose the right look. There’s no limit to the experiences you can give customers with Augmented Reality and 3D models.

 

Bow Tie Facial Recognition

 

 

AR models can bring your product pages to life and automatically display interactive 3D models when viewed on a desktop computer. Increase buyer engagement and make consumers more confident in their purchase from the beginning with AR and 3D models.

 

Misconceptions about Augmented Reality:

 

1) It’s too expensive: FALSE!

Implementing Augmented Reality on your online store is not nearly as expensive as you many think, which is why so many companies are investing in it right now.

 

2) It’s difficult and time-consuming to build AR models: FALSE!

With the right team, who has experience and knowledge, it is both easy and fast to implement Augmented Reality and 3D models into your store.

 

3) Implementation requires additional tech and infrastructure: FALSE!

Most eCommerce platforms, like Shopify Plus, are already set up to allow for Augmented experiences. They take no extra implementations or infrastructure to implement!

Jon Wade, head of AR and VR at Shopify, mentioned this about AR’s ease of use, “Any mainstream browser works for AR, you don’t need any additional hardware, software, or expert knowledge to experience it. It works on all new mobile devices, desktops, and tablets.”

 

4) AR will kill the load-time of my product pages: FALSE! 

The right team can implement AR experiences without sacrificing load time or website performance.

 

Want to Learn More About AR Implementation?

To show you how easy it is to make an AR design, send a .EPS file of your company’s logo to info@redstage.com and we’ll send you an AR model of your company logo for free. Test out the technology and see how quick the turn around time can be.

Watch this on-demand webinar with Shopify’s head of AR/VR Jon Wade and Christopher Yin, Redstage’s Global Creative director to see these examples in greater detail and get insights from the experts.

To learn more about how we can bring your AR dreams to life, visit https://www.redstage.com/augmented-reality-design to schedule your free consultation.

 

5 Must-Have B2B eCommerce Features for 2021

5 Must-Have B2B eCommerce Features for 2021

In the past few years, B2B companies across industries have been adopting eCommerce as the main channel for selling products. B2B eCommerce alone accounts for $1 Trillion in sales today and continues to grow. According to TrustRadius, 45% of the B2B buyer demographic is 25-34 years old, making them the single largest demographic of B2B buyers today. But what does this mean for you, the B2B seller?

As buyers grow more accustomed to better customer experiences provided by top eCommerce platforms, there a growing number of features this new generation of buyers has come to demand from their suppliers. In order to grow your sales pipeline, retain, and attract these buyers you should seriously consider these 5 must-have B2B eCommerce features.

 

B2B eCommerce Features Your Store Needs

 

1. Advanced Site Search

 

site search

 

Advanced on-site search is crucial for making sure your customers can find exactly the products they need quickly and easily. Typically, B2B products have a lot of specific parameters, (weight, length, height, size, shape, etc.), make searches easy by allowing customers to search by these parameters or SKU numbers.

“We’ve seen the conversion rate of users who search be 6-8x that of visitors that don’t use search,” says Redstage CEO Adam Morris. “Utilizing search shows intent and having a powerful search is crucial to capturing high converting customers. If a user can’t find the exact product they’re looking for due to slow, out-of-the-box, and not customized for market searches, you will lose the sale.”

A powerful advanced on-site search can make all the difference. Smart search features reduce the likelihood of expensive returns, refunds, and abandoned carts. In Klevu’s new report, they found that shoppers who interact with on-site search are 216% more likely to convert. This group also accounts for 14% of all revenue. For these reasons, it’s critical to provide the best search experience possible. Don’t let a sub-part search experience keep you from unlocking guaranteed sales. See the rest of the report here.

 

 

“We’ve seen the conversion rate of users who search be 6-8x that of visitors that don’t use search” – Redstage CEO Adam Morris

 

 

2. Custom Product Filters

 

product filters

 

Giving your customers the ability to filter by different product parameters allows them to quickly find what they’re looking for on the category page. Custom product filters allow merchants to display more information about a product’s qualities or attributes and allow customers to more easily refine product searches.

AI-driven dynamic filters on your category pages can automatically display the most relevant attributes to customers, making the buying process even easier. Adding images in product filters can make the process even faster and remove another chunk of friction from the process.

One of our Redstage’s platform expert Solution Engineers, Aidan McKnight, had this to say, “If evaluating an eCommerce system, consider what options are available for custom product filters. Does the platform natively support this? Does the native search work well with custom filters? Are there third-party options available? Choose a system that meets your unique requirements or that can be built-to-suit if required.”

These can make all the difference between your customers finding the exact product they need or abandoning your site for a competitor.

 

3. Customer Segmentation Groups and Profiles

 

b2b customer profile

 

Segmenting different buyers into customer groups allows you to create profiles for certain kinds of buyers. This allows you to ensure different customers get the right pricing, see the products most relevant to them. It also enables you to utilize upselling and recommendations to increase average order value (AOV). Keeping your customer groups in mind when setting up site search and custom filters is key to helping the right customers see the right filters and results.

Using segmentation, separate customers into categories by company size, company needs, and industry. This can help you provide another layer of personalization and more value to different kinds of customers. A report done by Econsultancy and IBM Watson Marketing showed that customer segmentation is a top priority to 72% of executives in B2B marketing and eCommerce. If you are not part of that figure, it’s likely your competitors are.

“Successful B2B eCommerce includes considering customers individually and as groups.” says McKnight. “Consider setting aside time to evaluate your current Customer Group/Segmentation strategy and review the data of both customer groups and individual customers. Segmenting your customers is an opportunity to drive additional revenue through your eCommerce platform and provide your marketing team with valuable insight into customer behavior.”

 

4. Advanced Shipping Options

 

advanced shipping options

 

Some B2B buyers want fast shipping, even if it’s not cheap. At the same time, others want shipping to be as cost-effective as possible, no matter how long it may take. Keeping customer groups in mind, B2B sellers must provide advanced shipping options for all their buyers and serve their individual needs. Many B2B companies have complex shipping needs, like delivery to multiple locations or drop-shipping from different warehouses to keep inventory down.

Utilizing fulfillment software, such as ShipperHQ, can increase productivity and decrease headaches. The right shipping software can help build a shipping strategy that aligns with your business goals and these customer demands. Provide automatic checkout that considers what they’re ordering, how frequently, and how much volume every time to increase reorder rates. And provide order tracking and tailored shipping rates to customers with discounts and other arrangements automatically, all within one system.

 

5. Product Information Management software

product information management

 

Due to complex product catalogs and new buyer habits, it can be difficult for online merchants to keep product information updated and consistent across multiple selling channels or sites. Think about how complex information gets across Amazon listings, Walmart, local retailers, and DTC channels. A product information management solution (PIM) can help. These solutions provide a single dashboard to collect, manage, and enrich your product information. 

PIMs save you money by lowering product enrichment costs up to 5 times. They can also reduce returns by as much as 40%, and increase conversion rate by more than 400%, according to Akeneo. Imagine what you could do by empowering your team with a PIM, allowing them to update or change product info in one place and automatically update it wherever it appears on the web? The ability to update product attributes on the fly will only strengthen the power of custom filters and your advanced search. Altogether, these features can pack a punch and give you a serious edge over the competition.

 

Why You Need To Implement Now

 

B2B distributor The Binding Source saw huge gains after optimizing their B2B buying experience with the features mentioned above. They implemented strong custom product filters on their category pages, integrated ShipperHQ for advanced shipping options and optimizing fulfillment, and built customer profiles and groups to segment buyers for custom pricing and product rules. The result? Within 1 month of launching these new features, The Binding Source conversion rate skyrocket 170% and saw transactions grow 33%!

These B2B features aren’t simply “nice to have,” they’re must-haves. The stats speak for themselves. If your B2B eCommerce site doesn’t have all the features the new generation of buyers are expecting, they’ll find a competitor of yours that does. Contact Redstage to implement one or more of these features today!

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