Published on: 05 September 2018
Last Updated on: 17 June 2021
Magento is a hugely popular platform for creating online stores and e-commerce sites. There are many reasons for this popularity including being a fast scalable platform that is also responsive and mobile-friendly. While still being easy to optimize for SEO.
If you need help, there is a large community of developers constantly working on improving the platform. There are also helpful agencies like Bing Digital Magento Agency. Along with, a variety of extensions, plugins, and add-ons to completely customize your store and user experience.
5 Reasons to Use Magento for Your Next Ecommerce Website:
1. Flexible and Scalable With Multiple Store Management :
Magento has been created with an open modular architecture. It optimizes web pages for faster delivery and has accelerated server response times. It also has efficient backend operations and boosted database flexibility to handle traffic surges.
What this means is Magento can grow with your business. When you first build your store, you can start with one module hosting a small number of products. As you add modules, you can grow your store into thousands of products. This allows unparalleled flexibility.
You can also manage multiple stores through one convenient administrative panel. If your store takes off, and you get a lot of traffic the speed improvements will help keep your site up and running.
2. SEO Friendly :
Site speed is an important SEO ranking factor. The improved performance of Magento will keep your site running fast and optimized for speed. This software is also helpful in optimizing page traffic, indexing, landing pages, and avoiding duplicate content issues.
There are also some great Magento SEO plugins available such as SEO Suite Ultimate which helps with things like meta-tags and rich snippets. And advanced SEO Suite which helps with canonical URLs and things like pagination and indexing.
3. Large Community of Developers
There is a large community of Magento developers. There are several very active Magento forums where people help each other and share ideas. Reddit also has a very active Magento community as do many programming websites.
There is no shortage of Facebook groups. If you use Magento, you can be sure that there is an active group of developers working on the platform and available to help you if you need to hire someone.
4. Marketing and Shopping Cart Options :
There are quite a few tools and plugins available to help with your marketing efforts. Whether you’re trying to create coupons, a multi-tier pricing system, or landing pages there is a Magento solution for you. There are also many shopping cart solutions that enable you to customize the purchasing process.
5. Mobile Friendly
The growth of mobile is outpacing desktop use. You want your online store to be mobile-friendly. Fortunately, it’s easy to create a responsive website with Magento. There are many tools that will help make your website mobile-friendly.
It’s also possible to have a mobile shopping platform that easily integrates into your existing web store. This platform is really an all-in-one solution for building e-commerce stores.
Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.
You have built your company webpage to connect with your target audience and help them know more about the products and services you offer. But, what if your site is not getting higher ranks or failing to drive desired web traffic? For this, you will need to run a comprehensive SEO audit and this is the primary reason why you would need an SEO audit in Singapore.
It’s a critical aspect for all sites selling their products and services online. Let’s delve deeper into the benefits it offers.
4 Advantages Of Hiring A SEO Audit Service For Your Website
Without the proper SEO Audit Service, you can not be able to calculate your website performance. When you can not count, it is pretty impossible to monetize the website successfully. Doing all your own is requires more time, so it is always better to hire some professionals for your SEO Audit.
Read through the four advantages of hiring the SEO audit service for your website.
1. Stopping Unacceptable SEO Practices Of The Past
The SEO industry is always evolving and the algorithms are constantly changing. It wasn’t much before that a common practice involved purchasing links that directed to the required website. But in recent times, even though link building is still a significant feature of the strategy, there is no denying that some toxic links may bring damage to the search rankings.
With an SEO audit, you may easily identify these unwanted SEO practices and help in recovering the overall SEO of the site.
2. Improving The Overall Performance Of The Site
Google will always prefer a healthy site that’s high on performance. When you rub an SEO audit, any issue of the site will certainly come to the fore. These may include problems concerning site maps or reduced speed. It will also bring up security problems that may have compromised the performance of your site.
While some of these problems can be fixed in moments, others would take a substantial amount of time. Performing SEO audits in Singapore regularly will boost maintenance along with performance.
3. Finding The Keywords The Site Is Ranked For
You may be surprised to learn about the actual keywords for which your website is ranked. And only an SEO audit can offer invaluable information about the organic presence in the site’s search results.
As you become aware of what you are ranking for, it will become easier for you to optimize your site’s content.
4. Knowing Your Stand With SEO
With the SEO audit in Singapore and the implementation of the required changes, you can repeat the process from time to time. This will not just aid in tracking the progress of your site but also have a clear idea of your future initiative. Also, it is imperative that you have a notion about where your competitors are standing with respect to you.
With a thorough SEO audit, you can detect who your rivals are along with the strategies they have employed so that you can stay ahead of them.
The Bottom Line
Thus, an SEO audit in Singapore will give you an insight into the technical infrastructure of your site along with the various elements of the page for optimizing the usability, visibility, and most crucially, improving the conversion rates. Without having any idea about these aspects, you will miss out on opportunities to secure attention from your prospective users. It’s very important to perform the audit from time to time to ensure the long-term success of the website.
Read More:
The Challenges of E-Commerce SEO
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Do you know how a company just knows what you want? They collect a few surveys, and suddenly they know more about your requirements than you! Is it all automated? Short answer, no!
Someone is sitting and analyzing every behavioral data of a consumer to create profiles. They are called market research analysts!
Are you just fascinated with the idea of a market research analyst? Or someone who is planning to become one?
This is how you can become a market research analyst -
Let’s begin with understanding who a market research analyst is.
What Is A Market Research Analyst?
Market research analysts are the strategic brains behind a company’s marketing decisions. Their job is to gather data on consumers and competitors and then use that information to guide business strategies.
Whether a company is launching a new product or planning a marketing campaign, market research analysts are the ones who determine the best approach. They don’t just guess; they rely on cold, hard data.
What Do They Do?
A market research analyst’s role involves several core responsibilities. Why don’t we go through them to know the responsibilities a little better?
Data Collection: Gathering data is the starting point of any market analyst. This could be through surveys, interviews, focus groups, or analysis of existing market data.
Trend Analysis: After gathering the data, they identify patterns and trends that provide insights into market behavior. For example, what products are gaining popularity, or which consumer needs are currently unmet? How can the company they work for help meet them?
Market Forecasting: Analysts will often predict future market trends. However, this is not just through guessing. However, when a company plans to launch a product next year, these professionals will forecast whether the market will be favorable or not.
Furthermore, they also inform about whether the product will launch in the right direction and be liked by the audience you are targeting.
Consumer Segmentation: By analyzing consumer data, they segment the market into groups based on behavior, preferences, or demographics.
Reporting and Presentations: Then, they communicate their findings to decision-makers through reports, presentations, and visual data displays.
Competitor Analysis: Understanding competitors’ moves and strategies is key. Market research analysts monitor what competitors are doing and how they’re positioning themselves in the market.
What Degrees Do You Need To Get?
There isn’t one fixed path to becoming a market research analyst, but certain degrees, and conceptual skills can give you a strong foundation:
Bachelor’s Degree: A degree in marketing, business, economics, or statistics is often the starting point. Subjects like research methods, consumer behavior, and data analysis are crucial.
Advanced Degrees: Unfortunately, just a bachelor's degree wouldn't do for more senior roles. Therefore, a master’s degree in market research, data science, or business analytics can be advantageous. An MBA is also beneficial if you’re aiming for leadership positions.
Your educational qualifications should focus on building a mix of analytical, research, and communication skills, as these are the backbone of a successful career in this field.
Later you can also upskill by becoming a data scientist, and it can open more doors for you.
Tools You Will Need To Learn
As a market research analyst, you’ll need to know the art of upskilling. You can do so with various tools and software that streamline your work:
Data Analysis Software: Tools like SPSS and Python are complex tools. Mastering them might take you years. However, you should still try to master it because it is great for running statistical analysis and handling large datasets.
Survey Platforms: Software like Qualtrics, SurveyMonkey, and Google Forms help design and analyze surveys.
CRM Tools: Understanding tools like Salesforce and HubSpot are essential for tracking customer data and trends. This ensures that market research analysts do not depend on guesswork.
Data Visualization Tools: Tableau, Power BI, and Google Data Studio are crucial for presenting data in a visually engaging way.
Competitive Analysis Tools: SEMrush, SimilarWeb, and BuzzSumo provide insights into your competitors’ strategies and their market performance. After all, you will need to know what others are doing for their customers. That is always a sign of a good market research analyst.
Mastering these tools will enhance your efficiency and make your work more impactful.
Life Of A Day Of A Market Research Analyst
What does a typical workday look like for A Market Research Analyst?
We will go through it step by step to have a better idea of their role as a Market Research Analyst.
1. Morning: Data Collection And Initial Analysis
The day often begins with reviewing the latest data from surveys, focus groups, or market reports.
Analysts spend the early hours gathering information that will guide their day’s analysis.
2. Midday: Deep Dive Into Analysis
The core part of their job kicks in around midday. This is when they run statistical models, crunch numbers, and identify key insights.
Meetings with product teams or marketing departments often happen around this time to discuss early findings.
3. Afternoon: Reporting And Strategy Discussions
After the analysis, it’s time to translate data into actionable strategies. Analysts prepare detailed reports highlighting key trends and recommendations.
Then, they might deliver a few presentations to senior management to guide their decision-making.
4. Late Afternoon: Market Monitoring And Competitor Analysis
Keeping a pulse on market trends and competitors is crucial.
Analysts usually allocate some time in the late afternoon to social media updates, reviewing industry news, and studying competitors' moves.
5. End-of-the-Day Planning And Strategy Tweet
Before wrapping up, their main job is to refine strategies based on the latest social media insights and plan for the next day’s tasks.
After all, without understanding whether your current plan is working or not.
The final work would involve technical analytics, strategic thinking, and effective communication, which would also include talking to their team.
How To Get A Job As A Market Research Analyst
Getting your foot in the door as a market research analyst requires more than just the right degree.
Here’s a practical guide:
Start with Internships: Right after you have finished your bachelor's degree, many companies offer internships in market research, allowing you to gain real-world experience while studying.
Create a Portfolio: Build a collection of your best work. Whether from academic projects, freelance jobs, or case studies. A strong portfolio can showcase your analytical and research skills.
Get Certified: Professional certifications, such as the Professional Researcher Certification (PRC) or Google’s Data Analytics Certification, can give you an edge.
Network Actively: Next, join industry groups, attend webinars, or engage in professional forums. Networking can open doors to job opportunities and keep you updated on industry trends.
Tailor Your Applications: When applying for jobs, customize your CV and cover letter for each position. Highlight skills like data analysis, research methodologies, and strategic thinking.
Best Career Options & The Potential Salary
The field offers diverse career paths. Depending on your interests, you might specialize as:
Consumer Insights Analyst: Focus on understanding consumer behavior and preferences.
Product Research Analyst: Specializes in product development and testing.
Brand Analyst: Concentrate on evaluating brand performance and strategy.
Competitive Intelligence Analyst: Monitor competitors and track industry trends.
When it comes to salaries, market research analysts can get a reasonably good salary, provided you have the skills to back it up. Especially when your analysis begins to work for a company and starts bringing in a lot of profit.
Entry-level positions typically offer between £25,000 to £35,000 annually. With experience, salaries rise to £50,000 or more.
For those in specialized roles or with advanced degrees, six-figure jobs are not uncommon.
Final Note!
The path to becoming a market research analyst combines curiosity, a knack for numbers, and strategic thinking. It’s about more than just crunching data; it’s about turning data into insights that drive real business results.
Whether you’re just starting out or looking to advance in this field, there are plenty of opportunities for growth and impact in the business world.
Especially with the advent of digital marketing, you will have enough opportunities in terms of SEO, and website data analysis.
So, are you ready to dive into this world where data meets strategy?
You could be the one predicting market trends and helping businesses shape their futures.
Read Also:
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One of the most lucrative and fast-growing industries is the e-commerce industry. It has risen in popularity over the years due to the convenience and accessibility it provides for the consumers, and even for the sellers themselves.
A lot of people have been trying to start their businesses from home, yet they don't know where to start, and they have no idea about the wide variety of industries they can invest in or the right tools they should use.
Aside from knowing what to do with your new venture, you also need to know the common mistakes and blunders you can commit. Lapses, no matter how small, can be highly detrimental to your business. But as worrying as it all sounds, don't worry.
You can learn how to spot, avoid, and remedy these mistakes with this simple guide. Without further ado, here are five mistakes you need to avoid to keep your e-commerce business bug-free and in full swing.
Mistake #1: Forgetting Your Market
One of the biggest and most common mistakes online entrepreneurs make is forgetting what their market looks like or who their target audience is. Aside from spending most of your time and effort in honing the perfect product, without actually creating a need for your customers, you also have to know your customer demographic.
Wouldn't it be ideal to have customers before creating a product, rather than having a product beforehand and then looking for clients? All of your efforts will be rendered fruitless. Know how to target your audience or your buyer persona. A buyer persona is a representation of your customer's demographics, such as age, gender, profession, and social status.
To paint you a clearer picture, if you're a designer in the print industry, you need to know your target audience before you begin selling. You won't sell cheap business cards to upper-class professionals looking to spruce up their portfolios just as you wouldn't sell overly-priced prints for low-quality products.
Mistake #2: Lack of Social Media Presence
The regular person owns at least five social media accounts. And on average, we spend about an hour and 40 minutes browsing these sites. Can you believe that the number of online shoppers in the United States alone will reach 224 million in 2019! Numbers aside, the stats are telling us to leverage social media in getting our brand out there.
Say hi to social media. Brands are using social media marketing for some highly useful and practical reasons. Some even devise different loyalty program for their avid followers on social media channels. Some of these are because it provides:
Low-cost solution. Social media platforms are an excellent way to get bang for your buck advertising and brand exposure.
Customization. From Facebook Insights to Google Analytics, you can customize your pages to your heart's content and receive detailed reports on your customers' demographics and browsing behaviors.
Excellent customer service platform. According to a recent study by Venturebeat, 51 percent of the respondents say businesses need to be available around the clock. If e-commerce brands are now adopting customer service chatbots with 24/7 messaging services, so should you.
If you’re still not convinced, you can think of your social media accounts as your company’s very own affordable business cards, showcasing your brand and the services you offer virtually.
Mistake #3: Neglecting Mobile Optimization
Mobile is everywhere, and the world is accessing the internet through their smartphones. With 80 percent of internet users owning a smartphone, failing to recognize the need for mobile optimization, could mean losing half of your potential e-commerce market. Poor user experience can negatively impact your conversion rates.
If you shift your focus on creating the ideal mobile user experience for your customers, you can increase your brand reputation and customer retention, and avoid losing 61 percent of your clients due to the poor website experience.
As an internet-based entrepreneur, use whatever tools you have at your disposal to provide an optimized user browsing and shopping experience. Bank on your best assets and give yourself an advantage over your industry rivals.
Mistake #4: Faulty Shipping Flexibility
When you first decided to run an e-commerce business, I'm guessing you did for the flexibility it gave you in doing your daily tasks. You didn't have to meet people face to face, and you could make your timetable to suit your needs. You can now do all of your work at home, and nobody would have to see you in sweatpants.
The same principle goes for your consumers. All customers like to have options, especially when it comes to shipping. According to research, only 1 in 4 online shoppers complete a purchase? 44 percent of cart abandonment cases are due to high shipping costs, and a whopping 93 percent of online shoppers say they'll buy more if they got free shipping.
Free shipping can increase sales and improve customer loyalty. According to a study from E-tailing, 73 percent of purchasers consider unconditional free shipping as a decisive factor in shopping online. But like all other business aspects, weigh the pros and cons of your business before making a decision.
Mistake #5: Failing to Measure Performance
If you want to succeed in the competitive world of e-commerce, you need to know how to gauge and evaluate your performance. Take note of your business habits, particularly regarding expenses and marketing. Use your business plan as a roadmap to help you steer your way throughout your business venture.
Check your statistics regularly. Update your ledger and see if your business is thriving or failing. Look at your consumer insights and keep up with the masses' latest trends. Be as specific as you can with your data. Don't inflate your figures and understand the areas you lack to improve them further.
By monitoring your performance, you are helping your business achieve greater heights compared to passive management. And the good news is, there's always room for improvement, be it for you or your business.
Takeaway
As John Sagel said, "What we do know now is that the 'E' in e-commerce doesn't stand for 'easy.' Opening an e-commerce business can be overwhelming and nerve-wracking, but it can also be a highly worthwhile and profitable venture.
There is no guarantee of overnight success. However, you can set yourself up for the best chance at succeeding. To do so, grasp the basics, learn from seasoned entrepreneurs, and watch out for their mistakes to avoid committing them yourself.
