Merchandising
Use your recommendation modules as in time-limited campaigns.
Take full advantage of Retail Media
Retail Media is a major trend, and Merchandising is the perfect tool to achieve it online. Use your recommendation modules as advertising space, either for products that need more exposure or brands that are willing to pay for prime placements. This way, you can strategically place chosen products right in the customer’s line of sight – all while staying personal and relevant.
Let the spotlight shine on chosen products and brands
Place chosen products right in the spotlight within your recommendation modules. Highlight private label products, relevant upsells, or chosen brands so they catch the attention of your visitors and boost both conversion rates and your bottom line.
Pin, bundle, or suppress
Pin trending products to the forefront, create bundles of products that belong together, or suppress items that you prefer not to show in your modules. You have total freedom to boost or suppress whichever product in time-limited campaigns – all based on your specific business strategies.
What you can achieve with Merchandising
Build vendor-funded campaigns
Sell advertising spots to brands and vendors. With Merchandising, you can sell spots in front of your recommendation modules to the highest bidding vendor.
Create brand-specific campaigns
Prioritize specific brands that you want to highlight on your site. These brands will be featured all over your site in time-limited campaigns aligned with your other campaign activities.
Clear products from stock
Having a surplus in stock means that your invested capital hasn’t given you the return you wanted, and this might affect your future investments. Instead, place them in the line of sight of your customers, making them sell out faster.
Prioritize high-margin products
Products such as white label products with high margins usually do not generate as much traffic and clicks as your high-value brands, which means they do not get as much exposure in your recommendation modules. To change this, give them a boost in front of the products chosen by the recommendation algorithm.
Create awareness around new campaigns
Place your new products at the top of the recommendation modules from the moment they launch on your website. This gives your products a better start on your site, generating more traffic and sales for new launches.
Report on your campaigns
Track clicks, views, buys, and revenue generated by your Merchandising campaigns. With A/B split tests, you can evaluate what initiatives work best, and you can report all key metrics back to your vendors to show them the pay-off.
“Our collaboration with Raptor can be defined by one word: Fast! Together, we were fast to implement, fast to train the model, and fast to gain results. And speaking of results, in only one quarter, we delivered all our expected full-year results.”
Daniel Lintoiu, Lemvigh-Müller
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