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Apr 24, 2024 | 3 minute read
written by Bryan House
Promotions are at the core of what many revenue merchandisers do every day. After all, a well-executed promotion can effectively drive shopper behavior — increasing average order values (AOV), cart conversion rates, and customer lifetime value (LTV). But, all too often, complex commerce platforms hold merchandisers back from creating promotions quickly and easily. Introducing new promotion types requires extensive developer involvement.
At Elastic Path, we’re changing that with our new promotions builder. This new capability lets merchandisers create customized promotions that meet their needs, without any development work. It’s easy to set up a single promotion and expand it to many. With a simple-to-use rules builder, merchandisers can set the conditions for their promotions, or apply pre-existing actions to their promotions (e.g. discounting certain items, gifting free items, or offering free shipping).
Let’s explore some of the key features in promotions builder.
Merchandisers: Simply put, promotions builder is the best way to create and control your offers. View all of your promotions (whether they’re live, scheduled, or expired) in a single dashboard, and easily add new ones with the Rules Builder. The customization possibilities are limitless.
Here are just a few examples of the features available in our latest release:
In other words, the merchandiser makes the rules — not the commerce platform or competing developer priorities. Using promotions builder, you can easily turn promotions on and off, and understand the value being generated from them vs. the budget being spent. And soon, we’ll be adding new features including stacking and ranking, tiered promotions, and analytics to measure the success of your promotions. Stay tuned for even more promotions builder news.
Checkout Elastic Path Product Experience Manager.
Start building the commerce experience your unique business needs with Elastic Path.