In the fast-paced world of ecommerce, staying ahead of the curve is crucial for business growth. To help you navigate the intricacies of online selling, Teikametrics introduces the new and improved Recommendation Hub, designed to elevate your success on all fronts. This dashboard is a treasure trove of insights, presenting three sets of recommendations that can be your guiding light through the maze of advertising strategies.
Product Catalog: Expanding Horizons
The first step to expanding your ecommerce reach is to tap into multiple marketplaces. The Recommendation Hub simplifies the onboarding process, allowing you to fill out a quick form with basic information to kickstart your journey on Walmart and/or Amazon.
Connect All APIs
In the digital landscape, connectivity is power. We recommend connecting your APIs as the key to unlocking the full potential of our leading predictive AI software. Seamless integration empowers you to analyze and optimize your account efficiently, providing a solid foundation for success.
Enter Cost of Goods Sold (COGS)
To gain a comprehensive view of your profitability, enter your cost of goods sold (COGS) for all your products. With this data, our tool allows you to track profit metrics on your product catalog, giving you valuable insights into the financial health of your business.
Advertising Optimization: Maximizing Visibility
Unadvertised Products
Teikametrics simplifies and accelerates the advertising process by recommending optimal products for promotion. The Unadvertised Products feature highlights SKUs with substantial sales in the last 30 days and available inventory. By following this recommendation, you can swiftly launch new and effective advertising campaigns.
Products Not in Smart Campaigns
The structure of your advertising campaigns is paramount to success. The ‘Products Not in Smart Campaigns’ recommendation ensures that you’re not missing out on the benefits of our Smart Campaigns. This feature enables you to launch campaigns that are tailored for optimal advertising success.
Campaign Maintenance: Nurturing Success
Turn on AI Bidding
Teikametrics’ industry-leading AI hourly bidding technology is at your disposal. By enabling Predictive AI for all ad groups, you pre-populate ACOS targets based on product performance and category trends. This recommendation streamlines your bidding process, aligning your goals with intelligent AI suggestions.
Keyword & Targeting Actions
Efficiently manage your keywords and targeting with our AI-generated recommendations. This includes suggestions for keywords to add and negative keywords to negate, ensuring that your advertising efforts are focused on the most profitable avenues.
Budget Management
Meeting your budget goals is a critical aspect of financial success. Our software simplifies budget management by allowing you to set budgets within the platform. Track your spending toward your monthly goals with daily updates, ensuring you stay on top of your financial targets.
In conclusion, the Recommendation Hub is not just a tool—it’s your ally in the dynamic world of ecommerce. By following these recommendations, you’re not just optimizing your experience; you’re charting a course for sustained success in the competitive landscape of online selling. Embrace the power of Teikametrics, and let your ecommerce journey soar to new heights!
