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How Shein and Temu threw a bomb at eCommerce conventions

Businesses Grow

Both companies are leveraging a massively large selection and unbelievably low prices — taking advantage of the low-cost (and controversial) Chinese supply chain. Low prices have always had a place in the value shopper’s heart, but there is something more going on here.

eCommerce 116
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What is RGSP? Google’s Randomized Generalized Second-Price ad auctions explained

Search Engine Land

The concept of randomized generalized second-price (RGSP) auctions sent shockwaves through the PPC community after the subject took center stage at the Google antitrust trial. Imagine five advertisers competing against each other in an ad auction with the respective Ad Rank scores of 80, 50, 30, 10 and 5. How does Ad Rank work?

Price 117
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50 Ecommerce Marketing Tools to Boost Revenue in 2024

Customers.ai

For ecommerce retailers, this opens up a huge opportunity. But to capitalize on this exponential growth, ecommerce stores must be optimized and they must be agile. From ecommerce platforms to cart abandonment solutions and brand advocacy platforms, we have named some of the best of the best when it comes to ecommerce.

eCommerce 120
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No,99 prices don’t hurt quality perceptions

Ariyh

📝 Intro We've seen in previous insights and in Ariyh's Pricing Playbook that just-below prices are effective at making a price look significantly cheaper (e.g. Until today, based on a few notable studies, we thought that just-below prices had a big downside: they make the products priced that way seem lower quality.

Price 62
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50 Ecommerce Marketing Tools to Boost Revenue in 2024

Customers.ai

For ecommerce retailers, this opens up a huge opportunity. But to capitalize on this exponential growth, ecommerce stores must be optimized and they must be agile. From ecommerce platforms to cart abandonment solutions and brand advocacy platforms, we have named some of the best of the best when it comes to ecommerce.

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Google expands Performance Max to online marketplaces

Search Engine Land

Performance Max for Marketplaces allows sellers to create Google ad campaigns that send traffic to their product listings on third-party ecommerce platforms, without needing a website or Merchant Center account. Google shared three: Use existing marketplace product data like images, descriptions and pricing in ads. The big picture.

eCommerce 118
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6 Amazon marketing strategies to implement in 2024

Search Engine Land

Amazon’s reign as the king of ecommerce won’t end any time soon. Are your prices competitive? Go all in on Amazon Advertising Amazon’s ad revenue was more than $49.9 Sales on Amazon are rewarded, meaning you can use advertising to get those sales, unlike Google Ads. They want customers to continue buying. billion in 2023.