Top 5 White Label Solutions For Small Businesses In 2022
Mar 15, 2022 | Gulsen Vural
1. Customer Experience (CX) and Technology
Customer experience is fast becoming a major key differentiator for eCommerce retailers (no matter what size your business is). A sufficient focus was not provided on pre-emptive customer experience (CX) solutions during 2021. As anticipated, key trends for 2022 are now focused on improved technology and self-service.
Covid-19 accelerated digitalization at a large scale, forcing people to fully immerse themselves in it. Livestream shopping, social commerce, and supply chain disruptions are just a few examples of how retail has been challenged on multiple fronts in the past year, resulting in a dramatic shift toward digital transformation.
Customers are looking for on-site self-service, making it possible for them to access information about brands, and complete actions on your site without the support of customer service.
This year, increasing levels of personalisation within communication will be a big trend in business as organisations work to leverage technology to build closer, more personalized relationships with customers. Businesses are recognising the importance of personalising email headers, subject lines and improving conversational chatbots integrated into websites using natural language processing (NLP).
Businesses are now investing heavily in strategies that recognise and maximise selling opportunities using CX and AI in 2022, determining the best time to send a customised offer that can help solve any challenges the potential client is facing at the time. Artificial intelligence (AI) and the internet of things (IoT) tools in marketing, product development, and customer service allow companies to improve customer experiences.
It's all about reaching the right customer at the right time and adding personal touches using cutting-edge automation tools to get the customer experience right.
‘Key trends in 2022 are now focused on improved technology and self-service’.
2. A Brand with Purpose and Transparency Pursuit
A
business’s purpose is becoming increasingly important in a crowded market. A
new generation of consumers look for brands that are driven for a positive and
transparent reason in what they do.
Raphael
Bemporad, behind the report ‘Brand Purpose in Undivided Times’, expressed
that ‘'customers are asking for businesses to stand for something bigger than
the items they sell’’. ‘People want brands to have an inspiring ethos, bring a
strong point of view, and take an action to making a positive difference in the
world’.
Beyond
producing money, a brand's purpose is what drives it to exist. If you want a
truly powerful brand purpose, it must be related to the products or
services you are offering. For example, if you are in the training sector, your
purpose may be to help support and shape the futures of those you train in your
industry.
Brands
and consumers now have unlimited access to businesses online as the rise of
social media, and online interaction propels incredible experiences, it
also adds a layer of responsibility to everyone involved.
Consumers
define transparency in many ways, and according to
SocialSprout, a large number of people define transparency
within a business as open (59%), clear (53%), and honest
(49%).
To be purpose-driven and transparent, a brand must establish what they
stand for, match their core values to the products/services they deliver, be
transparent about the positive impact they have, and convey the reason why they
are empowered to operate their business through storey telling.
The brands that prioritize transparency in their social stance reap significant benefits, including increased consumer trust, a stronger brand reputation and sales.
‘Stand for something bigger than the items you sell.’
3.
The Power of Product Images
The value of product
photography in 2022 has skyrocketed. As more businesses have shifted online,
the importance of brand perception lies with how you present your products
online.
Your ability to attract
customers will determine whether you get more sales. The psychology behind
the way product photos is a crucial decision-making factor on whether someone
wants to buy your products.
According to Wayne
Smith from Ampilio, he found that 70% of people’s decision to make a
purchase on Amazon is down to the product image. The power of product images
transforms your offerings from options to sales as the eyes do a lot of the
work for the brain.
What makes a good product
image?
Your product images should be clean, unblurred and centred on
the product. You need to showcase the quality and the value of the product to
build credibility and trust. It creates a positive association for both the seller and
the product when images are bright, crisp, and clear.
Avoid dark and grainy images, as it will convey a lack of care and may give a poor impression, leading to distrust and a negative view towards your brand.
Ask your vendors or manufacturers whether they have any professional
images of the products, if not take initiative a get a product image taken by either
yourself or outsource it to a professional.
‘’Clear, bright, and varied images allow for a stronger connection and builds brand trust!’’
4.
Streamlined omnichannel journey
Customer expectations have shifted. The omnichannel
journey needs to become more streamlined to retain your customers in the age of
shopping cart abandonment.
Due to an increase in direct contact online, the change to digital triggered by the pandemic has made it easier for merchants to lead. This ensures a consistent experience for your customers across all platforms.
It’s now easier for shoppers to contact their favorite brands
online and presents businesses with an unprecedented chance to listen to and
understand their customers.
Wix predicted that the e-commerce market will generate $5.42 trillion in annual sales in 2022, and by 2040, 95% of all purchases will be made online.
Omnichannel statics show that orders placed online and picked up in brick-and-mortar stores grew 208% during the pandemic. 90% of respondents stated that they expect consistency in communication across all media.
A Harvard Business Review study also saw that 46,000 shoppers spent more money on brands using omnichannel rather than a single channel customer.
To harness the power of your brand, ensuring your
e-commerce store is set up for a smooth conversion is essential to retain your
customers- typical brick-and-mortar stores will flourish the most within an
omnichannel journey.
It could be a social ad, an email newsletter, a mobile push notification, an app, a chatbot conversion, or a digital face-to-face interaction, breaking down the barriers between business channels allows consumers to interact with a company in a way that best suits them and feels natural to them.
'90% of respondents stated that they expect consistency in communication across all media.'
5.
Made-to-Order Unlocked
Brands are now seen telling their
customers that they are producing made-to-order products to help them
understand that it was created especially for them and not a mass-produced
item.
With this process, there is no
overproduction and exhaustion in supply and demand business-owners are
producing what sells. The manufacturing process reduces waste; minimizes
the risk of inefficiency by cutting unnecessary costs; avoids utilising
resource capacity and allows for personalization of output.
‘'Companies do not want to carry inventory as it's
risky from an economic point of view. The economic model behind made-to-order
is stronger than mass production.''- Wickstead
Millennials are also seen looking for
high-sustainability values from brands. They are willing to pay more towards
retailers that source eco-friendly products and hold sustainable business
practices. The global sustainability market is predicted to grow 24% annually for the next seven years.
50% of people also want more personalised orders and want to be part of their product purchase. Consumers have now evolved
into both
critics and creators, seeking more personalized services and
expecting to have a role in the products and services they use.
Made-to-order products are now more valued as it allows for a personal experience all whilst being a sustainable practice. It's a joint obligation for us to produce what people want!
'The economic model behind made-to-order is stronger than mass production.'
6. Rural Handmade
What we do and how we help small businesses.
At Rural Handmade, we have the world’s largest inventory of
handmade products- over a million products in fact!
We help small businesses, artisan, and maker communities connect to
a global supply chain so they can commission their design ideas into products,
using sustainable practices. We even manage the entire supply chain services
for our partners.
Think simplicity and convenience. We handle it all, from the conceptualization of your product idea to the shipping, handling, and delivery.
If you are looking to have any of your designs commissioned sustainably within the handmade sector, would like to personalize any of our handmade goods, or simply want to find out more on how we could potentially help you contact our team!
Get hold of us through email (support@ruralhandmade.com), phone (+44 7456176631), or head over the chatbot on our website.
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