4. Live Feed Updates
eCommerce businesses frequently update their product feed due to the changes in item quantity, out-of-stock, prices, and product attributes. Updating these changes for all products manually takes a lot of time. On top of that, when you’re advertising on multiple platforms, you’ll need to update them for each platform.
When you have frequent changes, an advanced automated feed tool is almost trivial. As everything is online, the update will happen instantly and live. You can schedule a daily and hourly update that sends all changes to your digital platforms at once. So basically, imagine a scenario where a client purchases the last unit of one of your items, the quantity immediately updates in the feed to 0 and automatically marks the item as ‘out of stock’ on every platform catalog you presented it on. In fact, it will save you a LOT of time and headache when dealing with manual data work.
5. Clustering
Clustering is when you apply filters and rules to manipulate your feed into creating groups based on specific characteristics. With the help of advanced product feed tools, you can create different types of clusters that will improve your sales and profit.
For example, you can create clusters by top-selling items, non-selling items, and all the rest. Then you can advertise each group using a different bid strategy that will help you reach your goals. Another example is to create clusters based on product profit margins – low, medium, and high-profit margin, and then use different bid strategies per group. In fact, by using automated tools, you can carry out various advertising strategies to optimize your business’ performance and KPI’s.
To sum it up
- Make sure you add relevant search terms.
- Customize your data per platform.
- Enrich and add as much information as possible.
- Use the schedule and live updates to keep your product information up-to-date.
- Leverage your feed to carry out advertising strategies to reach optimal goals.
And most importantly, don’t forget to integrate tools that will automate complex processes that will save you time. Now that you know what an automated products feed is, why it’s important and how to optimize it, it’s time to turn it into a super feed!