Abstract
To stay competitive against e-commerce, many retailers started to adopt a digital retail strategy, leveraging a myriad of online and offline touchpoints to increase their customer experience and, as a result, their sales. However, currently, no guidelines exist on how digital retailers can identify, evaluate, and influence sales impacting touchpoints along the customer journey. Hence, this study derives key elements of a conversion rate optimization framework, which can be used to increase sales of a digital retailer. Additionally, the derived framework is tested with the Austrian subsidiary of an international sports appeal and equipment retailer giving insights into its practical applicability. Results indicate that the developed framework can indeed be used to identify sales influencing touchpoints, which can be altered by specific marketing actions to increase sales of a digital retailer.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.