Table of Contents
What are Product Feeds?
What is Product Feed Management?
The Challenges with Product Feed Management
Product Feed Management Software: Your E-commerce Accelerator
The Main Benefits of Using Lengow for Your Feed Management
Product Feed Management FAQ
What are Product Feeds?
Product feeds are digital documents (e.g. CSV or XML files) where companies store all the necessary product information. This product data is used to easily sell and advertise products on multiple online sales channels. Therefore, making sure that this data is accurate and highly qualitative is key to increase visibility and sales overall. According to Statista numbers in 2022, in Spain , the main cause for returning products shopped online was the inaccuracy of the product description, while in the U.S . a total of 56% of the participants also returned products for this reason. The product information includes both frontend (what customers see on the product listings) and backend content (e.g. product ID, inventory) and the most common product attributes are:- Product Title
- Product Description
- Product Image
- Price
- Stock Availability
- And much more
What is Product Feed Management?
Product feed management consists of ensuring high-quality product feeds and distributing them to various online sales channels, including marketplaces (e.g. Amazon and eBay) and acquisition channels (e.g. Instagram and Google Shopping).The Challenges with Product Feed Management
As mentioned above, product feed optimisation can consume a significant amount of your working time and energy. Nonetheless, there are other difficulties that marketers and E-commerce Managers may experience with feed management:- The online sales channel may not accept your product feed because it does not fit the specifications of the channel
- A product feed is never complete as long as the product undergoes changes
- Several hours per day must be dedicated to reviewing product data feeds manually
- Manual work can easily lead to errors
- Fewer products might be distributed and sold if product feeds are incorrect
Product Feed Management Software: Your E-commerce Accelerator
Thanks to product feed management software retailers and brands can automate publishing products on new online channels and update feeds on a regular basis to always provide accurate information to customers. This can help e-businesses accelerate their distribution and marketing efforts. Having a product management tool also means having enough time for strategic tasks of your business that will further boost its growth.The Main Benefits of Using Lengow for Your Feed Management
If you already did some research on product feed management tools, you might have noticed that there are several options in the market that might at first overwhelm your decision.
How a product feed management tool works (Source: Lengow).
In order to help you choose the right solution, we want to present you the main reasons why
Lengow
should be your data feed management ally:
- Save time and increase your revenue publishing your products on over 200 marketplaces (e.g. Amazon, Leroy Merlin);
- Increase your product visibility on over 1,400 marketing channels (e.g. Google Shopping, TikTok);
- Control your stock levels in real-time to ensure product availability;
- Easily format or merge your data feeds with other data sources;
- Refresh your data feed content in real-time (prices, availability, delivery options, etc.);
- Have high-quality and complete product feeds before exporting them onto sales platforms;
- Optimise your ROI (return on investment);
- Use our powerful automatic rules and partner applications to adapt your product feeds to any market;
- Easily segment your product catalogue with no need for a technical team;
- Check your offer profitability (by comparing your various expenses with your net profit for each product sold);
- Make optimal price adjustments to keep up with market competition by using Netrivals data as an additional source. With this integration, creating segments based on competitor and price intelligence data is effortless, allowing you to activate dynamic pricing on your catalogue’s products with ease.
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