Uploaded on Sep 19, 2022
Nowadays Shoppers have far less patience, so if they don’t find what they’re looking for at the first attempt, they move on and this is why product findability is important for businesses. Know how to drive product findability.
Driving Product Findability Part - 1 - Taxonomy - Amazepxm
Driving Product Findability: Part - 1 - Taxonomy
Imagine this, a typical online shopping scenario that customers find themselves in
more often than one would like. You're looking for a phone case for a particular
brand of phones. You visit the website hoping to find what you're looking for, and
do the most instinctive thing. Navigate. Phones -> Your phone brand ->
Accessories.
But you don't find any covers here. Your first assumption would be that the
website doesn't have phone covers of your particular phone brand.
However, patience prevails and you decide to try your luck with a search query. You
scroll through the first couple of pages and finally find the cover for your phone
brand. While the eventual outcome may seem favorable, this is not what
particularly qualifies as a satisfactory buying journey. In fact, present- day
shoppers have far less patience, so if they don't find what they're looking for at the
first attempt, they move on.
And this is what brings us to our two-part series cracking product findability.
There are two primary approaches to finding a product:
1. Browse
2. Search
And more often than not, shoppers use a hybrid of these approaches. Part 1 of our
journey to ensuring that customers find your products easily will deal primarily with
the 'browse' approach (which, in phases, can also drive the 'search' approach).
And this is what brings us to the subject of this part - product taxonomy.
What is Product Taxonomy?
A taxonomy is a structured and indexed framework that is used to categorize
products in a manner that is intuitive and easy to use. As customers move down
categories, they find more specific products; and as they go up, they find
broader,
more generic areas. In other words, taxonomy is the process of categorizing,
organizing, grouping, and most critically, understanding why the process is
being carried out.
Imagine this, a typical online shopping scenario that customers find themselves in
more often than one would like. You're looking for a phone case for a particular
brand of phones. You visit the website hoping to find what you're looking for, and
do the most instinctive thing. Navigate. Phones -> Your phone brand ->
Accessories.
But you don't find any covers here. Your first assumption would be that the
website doesn't have phone covers of your particular phone brand.
However, patience prevails and you decide to try your luck with a search query. You
scroll through the first couple of pages and finally find the cover for your phone
brand. While the eventual outcome may seem favorable, this is not what
particularly qualifies as a satisfactory buying journey. In fact, present- day
shoppers have far less patience, so if they don't find what they're looking for at the
first attempt, they move on.
And this is what brings us to our two-part series cracking product findability.
There are two primary approaches to finding a product:
1. Browse
2. Search
And more often than not, shoppers use a hybrid of these approaches. Part 1 of our
journey to ensuring that customers find your products easily will deal primarily with
the 'browse' approach (which, in phases, can also drive the 'search' approach).
And this is what brings us to the subject of this part - product taxonomy.
What is Product Taxonomy?
A taxonomy is a structured and indexed framework that is used to categorize
products in a manner that is intuitive and easy to use. As customers move down
categories, they find more specific products; and as they go up, they find
broader, more generic areas. In other words, taxonomy is the process of
categorizing, organizing, grouping, and most critically, understanding why the
process is being carried out.
It's not just about throwing products together under different categories and calling
it a day. Sound taxonomy requires a hybrid approach that demands a strong
understanding of both, your products and your customers. Here's an example: Your
product range might include shirts for boys and girls. The logical way to categorize
products would be this:
● Apparel -> Boys -> Clothing -> Shirts
● Apparel -> Girls -> Clothing-> Shirts
While this may seem simple, the other way to go about this could also be:
● Apparel -> Clothing -> Shirts -> Boys
● Apparel -> Clothing-> Shirts -> Girls
In a vacuum, both these options may seem reasonable and logical, however, the
key here is to understand not just your product types, but also industry norms and
customer preferences. This is where it becomes critical to take the right call. Then
again, taxonomy doesn't just affect the 'browsers'; it impacts 'searchers' as well. As
searchers land on your website, they might directly go to the search bar and look for
'boy's shirts'. This is where your categorizing and naming convention, both crucial
elements of taxonomy, can be just as important.
Product Taxonomy Best Practices
● Leverage customer data
The way customers shop online is always evolving based on trends,
technology and other factors. The best way to understand these online
shopping behavioral trends is to test every aspect of your product
hierarchies and categories. Look for metrics such as time spent on pages,
conversion rates, links clicked, bounce rates etc. to get a better
understanding of how your taxonomy is affecting the shopping experience.
You can do this, by A/B testing or even surveys if you have a wide enough
group of responders.
●
Know your products
Easier said than done! While customer-centricity is vital to success in digital
commerce, an in- depth understanding of your products is equally critical.
You must know what attributes of your product drive behavior and how to
make
the most of them. Towards this, you need to have a few of these
questions answered:
●
● What differentiates my product in the market?
● What do customers like about my product?
● What are the industry norms/expectations for similar products in
terms of taxonomy?
●
Answer these key questions and you will enable a product-centric
approach, and also develop the ability to optimize product datasets for the
desired business outcomes.
Optimize for SEO
Product taxonomies can also play a vital role in search. And this applies not
only to internal site search but search engine performance as well.
Leveraging this potential, however, requires you to optimize your taxonomy
with search engine optimization (SEO) in mind. This would include the
inclusion of elements such as meta content (titles and descriptions), images,
and keyword use.
Extensive research and effort on keyword use is appreciated by search
engines, but also make sure you don't overdo it. The key here is to
optimize taxonomy and URLs in a way that makes product discovery
easier for your customers; nothing more, nothing less.
●
Frugal and Smart Categorization
If you think your current taxonomy requires your customer to spend more
time on navigation than on the actual product, chances are you’ve
overcategorized. Adding too many subcategories and levels happens when
one tries to get too specific with categorizing the product. And this is ideally
not what taxonomy should be about. The ideal depth of your hierarchy should
not exceed two to three categories, and the reason for this is the simple
formula:
●
Lesser clicks to find a product = lower bounce rate
A good way to ensure this is to differentiate attributes vs. sub-categories. For
example, if your parent category is 'Men's Apparel', and the sub category is
'Men's Shirts', you're fine. However, if you have another subcategory for
'Long Sleeve Shirts', you've made the mistake of taking an attribute and
converting it into a subcategory.
Categorize to Reduce Confusion
As customers navigate through your site, the process should be intuitive and
linear. This means that there should be a clear and unified path for
customers to get to the desired product. The key to doing this is to reduce
duplicate categories, homogenize nomenclature and avoid categorizing the
same product under more than one sub-category. There will, of course, be
exceptions to these rules. However, more often than not, these factors are
common amongst most successful taxonomies.
Again, naming your categories correctly is just as important as zeroing down
on the right hierarchy and relationships. The most basic rule to follow is to
use nomenclature that you know your customer is most likely to use. An
easy way to identify this is to know your customer, but you would also want
to keep an eye on industry norms and best practices to get your
nomenclature right. For example, if you're products are for a B2B audience,
you would want specific, even technical nomenclature that industry
customers would understand. On the other hand, with B2C customers, you
would want to do away with all jargon and use the most commonly used
terms. 'Horses for courses' is the key here.
●
Following the ‘don’ts’ of Taxonomy and Categorization
Equally important is to avoid a few critical missteps that can render
product taxonomies a mess. Here are the common ones to avoid:
● Avoid using the ‘other’ category, because that’s usually not what
customers are looking for. While we did mention avoiding
overcategorization, in this case, it just makes more sense to create a
relevant subcategory for products. Then again, if you think you have
too many one-off products that don’t necessarily require dedicated
subcategories, you probably want to rethink the place of the product
in your catalog in the first place.
● As far as possible, try avoiding categorizing products to more than
one node. Placing products in multiple categories doesn’t just hamper
the customer experience, it also messes up stock management,
product reporting and purchase orders.
● Similarly, you must also avoid duplication and overlapping of
categories. Too many choices lead to further confusion, so you
would want to make sure you keep things down to a minimum. And
this is possible if you categorize correctly. So, instead of having a
taxonomy that looks like this:
●
It makes more sense to have one that looks like
this:
How PIM Drives Product Taxonomy
While getting the logic right to design product taxonomy is critical, you must also
find the right tools to execute this logic. And when it comes to categorizing millions
of products, the challenge becomes even more daunting. This is where an
advanced tool for product information management (PIM) can do the magic. These
are some key benefits to finding the right PIM to master taxonomy:
● Data Governance:
With the right PIM tool, you get the benefit of setting data governance rules
to make sure your data quality and integrity is always intact. With no need to
manually check various data touchpoints, you can easily set a clear and
objective chain of command.
●
Quality Metrics:
Automated audits of your product data make sure that your taxonomy is
always in keeping with data standards. With a good PIM, you get the
advantage of data quality tracking without going through the trouble of
manual intervention.
●
Automation and AI:
Automated taxonomy design and categorization sounds like a thing of the
future, but it’s already here. You can get predesigned taxonomy templates
to build catalogs on, and make changes to suit the template to your specific
requirements. Similarly, you can bulk categorize millions of products
automatically and get your products out to your customers faster than ever
before.
Amaze PXM: Designed to Drive Future-Ready Taxonomy
Building & Categorization
As a next-gen PIM solution, Amaze PXM gives you complete control over the
process of taxonomy building and categorization. Amaze has all the features you
need to ensure robust governance and high data integrity. In addition to this, it
offers futuristic AI-driven recommendations for taxonomy building that make the job
a whole lot easier. Not only does it eliminate the need to reinvent the wheel, it also
directly accelerates time-to-market with automated categorization for countless
products.
Looking to build the taxonomy for your business’ ascent? Try Amaze:
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