Marketing Partner Criteria For E-Commerce Business

Apr 19, 2023 · 9 mins read
Marketing Partner Criteria For E-Commerce Business
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The battle between brick-and-mortar retail and e-commerce is a fierce one. The online world is like an untamed beast with a life of its own. You need to be prepared to take it on with everything you’ve got. But hiring a marketing firm? That’s a whole other ball game!

Let’s face it, e-commerce companies need all the help they can get, and that’s where marketing firms come in. But it’s not that simple. Choosing the right marketing firm is like trying to find a needle in a haystack. It’s no walk in the park, and it’s not for the faint of heart.

Your e-commerce business is unique, and your marketing campaigns need to reflect that. You can’t just hire any marketing firm that comes your way. You need to be on the lookout for specific critical competencies before you even consider hiring them.

When enlisting the help of a marketing firm, there are crucial components that an e-commerce business must prioritize. Here are some of the significant elements that should be given attention to during the hiring process.

1. E-commerce Brand Familiarity

When it comes to finding the perfect marketing firm for your e-commerce business, it’s a no-brainer that they should have ample experience working with other e-commerce brands. But don’t just take their word for it, ask the tough questions about their team’s familiarity with platforms like Shopify and WooCommerce. And don’t be afraid to ask for proof of their success, like metrics showing sales directly resulting from their past efforts. Let’s face it, anyone can talk a big game, but not everyone can walk the e-walk.

2. Established Return on Investment in Your Market

Back in the day, the key to success was all about the physical location of your business, but now things have changed! Your digital footprint is the new location that really matters. So, when you’re picking a digital marketing agency, you need to make sure they can show you the money with your target market. If you’re in the consumer packaged goods or direct-to-consumer space, you definitely want an agency that’s at the top of their game in that area.

3. Expertise in Improving Conversion Rates

You might be wondering why your sales are not skyrocketing despite using all the fancy digital marketing techniques out there? Well, the answer lies in Conversion Rate Optimization (CRO), and you need to hire a specialist marketing company for that. In today’s cutthroat online market, just getting more traffic through SEO, paid search, and social media won’t do the trick unless you can convert those visitors into loyal customers. Take a cue from Amazon, the king of e-commerce, and focus on optimizing your website’s conversion rate.

Think about it - you may be spending a fortune on driving traffic to your website, but if your website fails to engage your visitors and compel them to make a purchase, then all your marketing efforts go down the drain. This is where CRO comes into play. It’s all about understanding user behavior and tweaking your website accordingly to maximize the chances of conversion. From the layout and design of your website to the placement of the call-to-action buttons, everything needs to be optimized for conversion.

4. Successful Performance Marketing Strategies###

In the world of e-commerce, having a marketing firm that can prove their worth is key. Anyone can make an ad, but a truly effective one will result in sales. That’s where a knowledgeable marketing firm comes in - they should be able to expertly advise or even lead campaigns that bring in the customers.

5. Comprehensive Understanding of the Industry

In this age of direct-to-consumer offerings, e-commerce is only a piece of the bigger picture. To succeed, it’s crucial to delve into how customers are being targeted and converted. Knowing your audience and the power of influencer partnerships is as vital as having a seamless checkout process. If you want to stay ahead in the game, you need to go beyond e-commerce and get to grips with these crucial elements.

6. Shared Values Alignment

Firstly, make sure your values are aligned. We all know how consumers feel about sketchy data practices and creepy ad targeting. The last thing you want is a marketing partner going rogue and ruining your brand image. Do your due diligence and find a partner that shares your values and ethics.

As your brand starts to take off and soar to new heights, it’s important to find a marketing firm that has experience in the real world. With the rise of brick-and-mortar stores and businesses, you don’t want to be left out in the cold. Look for a partner that understands the physical world and can help you make an impact in the real world.

7. Sales Figures

In a world where everyone is obsessed with the number of likes, followers, and comments they receive on their social media accounts. Companies that specialize in marketing are quick to take advantage of this phenomenon, promising to boost these vanity metrics with their services. But let’s be real, having thousands of followers won’t pay the bills. What really matters is the quality of leads these companies can deliver, and how likely those leads are to become loyal customers for life.

8. Analytics-Based Approaches

The key to success is being data-driven and having the ability to create meaningful metrics around your strategy. You want a partner who can adapt quickly to consumer behavior insights, staying ahead of the curve in real-time. Creativity is important, but without a solid data-driven approach, you won’t come out on top.

9. Current Clientele

It’s not just about handling online accounts, but also about how well you’ve transformed traditional retail brands into the online marketplace. This will give you valuable insights into how much your company values and respects the ever-evolving nature of the web.

Gone are the days when having a brick-and-mortar store was the only way to do business. With the rise of e-commerce, companies need to adapt to stay competitive. But it’s not just about having a website or a social media presence - it’s about understanding the unique challenges and opportunities that come with online selling. One key factor to consider is how your company has approached emerging e-commerce accounts. Have you been proactive in identifying and pursuing new online channels? Have you developed strategies for optimizing your online presence and reaching new customers? These are critical questions to ask when evaluating your company’s approach to e-commerce.

But it’s not just about e-commerce - it’s also about how your company has adapted traditional retail brands to the online marketplace. Have you been able to maintain the brand’s identity and values while also making it relevant and appealing to online customers? Have you leveraged technology and data to drive sales and improve the customer experience? These are important considerations when evaluating your company’s overall approach to digital transformation.

10. Ability to Engage Customers on an Individual Basis

In the world of retail, brand recognition is everything. There are numerous factors that contribute to building a brand, including discounts, location, and offering in-demand products. However, for e-commerce businesses, building a loyal customer base can be especially challenging due to the constant noise and competition in the market. That’s why it’s crucial for businesses to focus on personalization as a means of building customer engagement and loyalty. When evaluating potential partners, businesses should prioritize companies with a proven track record of creating personalized experiences for their customers.

11. Understanding of Amazon’s Search Algorithm

When it comes to e-commerce, there are so many factors to consider. From processing systems to international payment methods, it can be overwhelming to know where to start. But perhaps the most crucial aspect is understanding how to work with the giant in the industry: Amazon.

Let’s face it, Amazon is the 800-pound gorilla in the e-commerce room. It dominates the market like no other platform out there. So if you’re partnering with an agency, it’s essential that they have a strong grasp of Amazon search and how to navigate it successfully.

You want to work with an agency that can not only help you navigate Amazon but also provide guidance on other platforms and payment systems. They need to be knowledgeable about the different e-commerce platforms available and how to leverage them to grow your business.

It’s not just about understanding the technicalities of these platforms either. Your partner agency should also have a solid understanding of the voice-assist market and how to optimize your brand’s presence on these devices.

12. Preliminary Data Analysis

It’s important to know your target audience and competition like the back of your hand. After all, knowledge is power! Gather all the demographic and market analysis data you can find and bring it along to your meeting. And don’t settle for just any marketing firm - make sure they’ve worked with similar products and audiences before and can show a solid track record of success.

13. Proficiency in Content Marketing

Without a physical store, it’s important to bring their products to life through quality content. Just take a look at the success of clothing e-commerce stores like Revolve. Their use of high-quality images, videos, storytelling, and strategic product placement is what keeps customers coming back for more.

If you want to succeed in the world of e-commerce, you need to invest in content marketing. This means creating and sharing valuable, relevant, and consistent content that engages your target audience. By doing so, you’ll not only drive traffic to your website, but you’ll also build a loyal following of customers who trust and value your brand.

One of the biggest advantages of content marketing is that it can help you stand out from your competitors. By creating unique and compelling content, you can differentiate yourself from others in your industry and establish yourself as an authority in your field. This, in turn, can help you build trust with your audience and ultimately drive sales.

But, content marketing isn’t just about creating great content. It’s also about distributing it effectively. This means using social media, email marketing, and other channels to reach your target audience and get your message in front of them. By doing so, you’ll be able to maximize the reach and impact of your content marketing efforts.

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