Our meticulously crafted extension is designed to provide you with real-time insights into your competitors’ pricing strategies and product availability. By harnessing the power of data, you can make informed decisions and ensure that your business remains well-positioned in the market at all times.
Here’s how our Competitor Product and Price Monitoring extension can benefit your Magento 2 store:
- Comprehensive Price Monitoring: Keep a close eye on your competitors’ pricing strategies so you can adjust your prices to stay competitive. Our extension allows you to monitor prices across a wide range of products, giving you valuable insights into market trends and consumer behavior.
- Stock Availability Tracking: In addition to monitoring prices, our solution also tracks stock availability, ensuring that you never miss out on sales opportunities due to product shortages. By staying informed about your competitors’ inventory levels, you can proactively manage your own stock and meet customer demand more effectively.
- Real-time Insights: With our extension, you can access real-time data on competitor prices and product availability directly from your Magento 2 dashboard. Say goodbye to manual data collection and analysis – our solution automates the process, saving you time and resources.
- Strategic Decision-making: Armed with comprehensive data, you can make strategic decisions to optimize your pricing strategies, streamline inventory management, and enhance overall competitiveness. Whether it’s adjusting prices in response to market fluctuations or identifying new growth opportunities, our extension empowers you to take proactive action.
- Seamless Integration: Our Competitor Product and Price Monitoring extension seamlessly integrates with your Magento 2 store, providing a hassle-free experience for both setup and usage. With intuitive controls and customizable settings, you can tailor the extension to suit your specific business needs and preferences.
- Comprehensive Reporting: Access detailed reports on competitor products retrieved from various websites. Our extension provides both standard and advanced reports, allowing you to analyze competitor pricing trends over time and make informed decisions based on actionable insights.
Conclusion
Our Competitor Product and Price Monitoring extension is a must-have tool for any Magento 2 store looking to gain a competitive edge in today’s dynamic e-commerce landscape. By leveraging real-time insights and data-driven decision-making, you can stay ahead of the curve and drive success for your online business.
Empower your Magento 2 store with the Competitor Price Monitoring extension and take the lead in monitoring and adapting to dynamic market conditions.
]]>Offer your customers a seamless shopping experience.
Developed from a joint project
Introducing the Magento 2 Product URL Shortener and Share Link-extension – a product designed not only for seamless integration with the latest Magento versions, but also carefully tailored for compatibility with the Hyvä theme up to version 1.3.
In this joint venture, the extension goes beyond its origins and offers a comprehensive solution to optimize your online commerce.
It not only simplifies the process of generating short-links for Magento 2 product URLs, but also introduces email sharing.
This improvement aims to provide users with a versatile tool that ensures that short-links can also be sent effortlessly via email. In this joint venture, the extension goes beyond its origins and offers a comprehensive solution to optimize your online commerce.
Technical details and availability
Our “Magento 2 Product URL Shortener and Share Link” extension is designed to integrate seamlessly with Magento versions from 2.0.x to 2.4.x, ensuring compatibility across different Magento environments.The extension also comes with a lifetime license, giving you perpetual access to its powerful features. Our “Magento 2 Product URL Shortener and Share Link”-extension is designed to integrate seamlessly with Magento versions from 2.0.x to 2.4.x, ensuring compatibility across different Magento environments.
The extension also comes with a lifetime license, giving you perpetual access to its powerful features. For the first six months, you are entitled to dedicated support to ensure a smooth implementation and take care of any questions or issues that may arise during implementation.
To streamline the installation process, the extension can be conveniently installed via Composer, a popular dependency manager for PHP. This ensures an uncomplicated and efficient integration into your Magento environment.For the first six months, you are entitled to dedicated support to ensure a smooth implementation and take care of any questions or issues that may arise during implementation.
Conclusion
Improve your online shopping experience with our “Magento 2 Product URL Shortener and Share Link” -extension that makes your links concise, user-friendly and effortlessly shareable.
Expect more engagement, improved conversions and a seamless sharing process.
Our collaborative Magento 2 extension, tailored for Magento versions 2.0.x to 2.4.x and the Hyvä theme up to version 1.3, also features effortless email sharing.
With a lifetime license, six months of support and easy Composer installation, this extension is perfect for e-commerce optimization.Improve your online shopping experience with our “Magento 2 Product URL Shortener and Share Link”-extension that makes your links concise, user-friendly and effortlessly shareable.
Expect more engagement, improved conversions and a seamless sharing process.
Find out for yourself now!
Related posts:
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nd before you know it I was checking my Facebook page at least 5 times a day! But I wasn’t checking in for the latest gossip about The Bachelorette, or stalking my ex boyfriend’s pages. No, I was actually using Facebook and other social media outlets for news and information. Today, more then ever, people are using social networks like Facebook, Twitter, Instagram and more to promote their businesses, and I knew that’s what I had to do to be successful and reach the right people.
So marketing on social media must be a piece of cake right? Wrong. Attracting consumers to your site through social media is easier said than done. To be successful in the world of social media, you need more than just tactics…you need a well thought out marketing strategy.
Here are a few questions to ask yourself before you begin the adventure into the wild world of social media.
What Am I Trying to Accomplish?
Start thinking about the various goals you are setting for yourself and be specific! How many followers are you striving to reach? How many conversions do you want? Traffic? Audience Growth? It all matters and ironing out a concrete goal plan is key to making this all work.
What Do Your Customers Want?
You may think you know what they want, but it is amazing the insight you will get when you just ask! Using social media is a great way to ask customers on a personal level; “Hey what is it you like about us?” “What can we do to make things easier?” The feedback here is priceless information to better your business.
What’s my ROI?
Ok, so if you aren’t getting a return on your investment then you are doing something wrong. Or maybe you had some reach but its not what you expected. That’s ok. Try another campaign, change up your strategy, audience, creative…it’s all about the results and the more you experiment the better your financial results will be.
It’s All About the Data
Customer behaviour such as where your social media traffic is coming from and which types of content receive the most views is crucial in leveraging data. You can discover best practices this way, and if one thing doesn’t work, try new factors the next time and don’t forget to reference your history often. Some social mediums have a dashboard with this information similar to Google Analytics. Get the Google Analytics Dashboard Extension for Magento Here!
Sharing is Caring
Most people don’t visit social media sites with the intent of shopping. I know I don’t, yet somehow I wind up joining seminars, buying books, and linked out to Amazon on nearly every visit! This type of marketing is about building relationships first and actual sales are second. Establishing trust is the best way to engage with your target customer. Statistics reveal that people will typically interact with 5 pieces of content before even making a purchase.
So once your plan is in place, its time to start using some tactics to make the most of your social media presence, promotions, and marketing.
Social Media Tactics
Paid Advertising
Paid options can help to dramatically increase your sales. You can push people to website for specials, social page for likes, even sign people up for a newsletter. You don’t have to have a large budget either, its more about your message, demographics overall campaign.
#Hashtags
In the beginning I was confused on what this # sign even was. What they do is help your content become easily discovered and expand the reach of your posts. They are great for interaction but make sure to avoid over using them, and stick to just one or two per post or else you might be labeled as a #hashtagaddict.
Reviews
Let’s face it, when booking a hotel, or choosing a restaurant or new purchase, we all look to reviews from other people! The same goes on social media, so take your success stories and brag a little.
Feeds and Buttons
Make sure to promote your social pages on all that you do. Buttons are a great way to share on your website, and feeds like twitter are another fun way to engage with people in the social world on your site.
No Sales Pitches
Sales pitches are a great way to lose customers. We aren’t selling encyclopedias door to door here! A better method is to share content in your posts, stories, news, tips and tricks or anything that engages the consumer. I use the word engage a lot because that’s the key to all of this.
Images
Nothing draws the eye more than a compelling product image. This gives your customers a chance to share with others and repost. Using platforms like Instagram and Pinterest are perfect for this. You can also encourage people to post images of your product in use! I had my friends all share photos of my clothing line and I got more comments and likes then I have ever had. Boom!
Relationships
No not Tinder that’s a different blog for a different day! You can build relationships many ways in social media especially by being attentive to messages and comments and making sure to respond to everyone. It may seem time consuming but will make a difference in a sale. Another fun way to interact is by joining similar interest groups. You can keep up on the industry, check competition and chat with like minds.
Keywords
Using high-conversion keywords in your posts can increase their visibility and you can then reach people beyond your followers. Just do some keyword research to find the terms consumers are searching to find content related to your industry, business, and products/services, and integrate them into your posts.
Consistancy
Posting content on a regular basis is critical to improve customer engagement and drive more traffic to your eCommerce website. Frequency can vary based on your market, but consistency is key to show your audience that you’re interested in constantly sharing valuable content. To make this process easier and save time, use a marketing automation tool such as Around.io so you can schedule posts in advance.
Blog It
If you have a great blog (like this one),you will certainly want to share it with your online social groups. Again, a great way to keep things relevant and allow your followers to share and stay in the know with all you are doing.
Keep it Simple!
No one likes information overload. Keeping it short and sweet you’re your updates attract more engagement on social media than longer posts. If you can tease with engaging headline, your followers are more apt to read it and then share the content if its brief and compelling.
As you can see, there are tons of ways to drive more traffic to your site using social media. I once thought it was a simple process, but it is much more complex but can be so much fun too with the right mindset. Good luck and try not to get distracted by the Farmville or Candy Crush invites!
Check out Extendware’s Social Media!
]]>Only an idiot keeps trying to reinvent the wheel – so why would you venture out on your own to make your own mistakes trying to find the right tools for your Magento store?
Many others – including us – have already made all those mistakes for you. All you have to do is just listen to the hard-won “wisdom” we all have learned the hard way.
At Extendware, we are out here – every single day – learning what works and what doesn’t work with Magento and the Magento eco-system. We’re testing various CRM Systems, Customer Service Tools, Magento extensions and plugins, Magento hosting solutions, you name it, we’ve likely tried it.
We know it feels better to always try out something on your own, hoping you’ll stumble on some great new tool that others haven’t found yet. Maybe you’ll find the next ConvertKit before anyone else does, but more likely you’ll end up wasting time and money on something that doesn’t fit your company or goals…(we’re looking at you, ZenDesk)
Trust us, we’ve been there…and now, after years of testing different tools, we’ve settled on a few products and services that we believe are best for our customers and we use them on a daily basis for everything we do.
Best of Breed Magneto Resources
One of the first things that we wish we had when we started working on Magento was a list of “Best of Breed” tools and utilities to help us optimize our Magento installation and make our store “just work better.” Now that we’ve been through years of figuring these things out, we wanted to share what we’ve learned in multiple blog posts and collect all of that information into one resource for our community.
We’ve put together our own Extendware Resources Page where we list out exactly what tools we use, why we use them, and some
other tips and tricks to help with your Magento store configuration and implementations. We have tested and relied upon every recommendation on our Resources page for at least 6 months or more. Many of the resources listed there are crucial to running our business (or were crucial to developing Extendware to where it is today).
We hope this resource helps you cut down on searching for the right tools and brings you success faster than you would have otherwise. As always, send us any suggestions or ideas to [email protected], we love to hear from you.
That’s it for today, Extendware Community! Thanks for tuning in. Have an profitable and resourceful week!
]]>Cost of Goods Sold (COGS) is the amount of money spent on raw materials to create product, or the amount of money used to purchase a product from a wholesaler. COGS is important because it helps stores calculate Gross Margin by product.
Revenue – Cost of Goods Sold = Gross Margin
Gross Margin (also called Gross Profit) is an important driver of store strategy and should be well understood for each product. 
Because Gross Margin represents cash available after paying a supplier, it’s good to use as a primary consideration when managing marketing expenses. Products that have high Gross Margins, such as electronics, are better suited for pricier marketing campaigns, while low Gross Margin items may be a better fit for scalable marketing such as email campaigns.
In some cases, increasing marketing spend on low-margin items may actually make sense. By combining sales volume with Gross Margin data, you may learn that a low-Gross Margin item is generating a healthy amount of cash thanks to a large number of orders. For instance, selling one bracelet may generate six dollars of Gross Margin, but selling 500 bracelets may generate $3,000 of Gross Margin. While it may seem intuitive that you would spend more cash to market high sales-volume products, knowing the exact Gross Margin for an item will help you understand how much of a product’s Gross Margin can comfortably be allocated to marketing. It will also help you track the return on your advertising spend by product. Keep in mind, marketing is just one of many operating expenses. You’ll want to consider other expenses as well when you budget for advertising spend.
Tips for Using Gross Margin to Dictate Strategy
- Place items that have a healthy Gross Margin and that convert well in the prime real-estate positions of your store.
- Bundle low-margin items with high-margin items to justify the time and effort spent on merchandising and shipping costs. Or where appropriate, only sell your low-margin products in packs of three or five.
- Raise advertising spend for items that generate high amounts of Gross Profit, but be sure to analyze the effects of increased spend on sales volume to understand the return on this spend.
- Negotiate with your vendors to reduce Cost of Goods Sold. Consider switching out expensive materials for options that don’t compromise quality.
Ready to get started? Here are the steps for enabling Cost attributes to appear on each product:
Step 1: Log in to your account and go to Catalog > Attributes > Manage Attributes.
Step 2: Under Attribute Label search for ‘Cost’ and click on the row.
Step 3: Scroll down to Apply To and change the setting to be ‘All Product Types.’
Step 4: Save your work and go to Catalog > Manage Products.
Step 5: Click on a product and go into the Prices tab. Enter the Cost for each product and save your work.
All done! I hope that helps with your Cost Attributes and Gross Margin calculations. Anything that can give you a better idea of exactly how you’re making money is a step in the right direction. Until next time!
Sheryl Davis is a digital marketer at Glew, an E-Commerce analytics software provider, where she focuses on helping online stores understand and act on their data. Each week she publishes practical strategies for ways to rock E-Commerce.
Abandoned Cart Extension Overview
Extendware’s Magento Abandoned Cart Email extension allows you to capture additional sales by emailing customers who have abandoned their shopping cart without making a purchase. You can send an unlimited number of follow-up emails to the potential customer and even attach an automatically generated coupon to the follow-up email in order to incentivize a new purchase. This extension pays for itself within just a few orders.
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$collection = Mage::getModel('catalog/product')->getCollection()->addAttributeToSelect('*');
$collection->addAttributeToFilter('status', Mage_Catalog_Model_Product_Status::STATUS_ENABLED);
$collection->addFieldToFilter('visibility', Mage_Catalog_Model_Product_Visibility::VISIBILITY_BOTH);Don’t spend time re-inventing the wheel. Have a look at our Magento Admin Product Grid extension. For example, did you know you can use Magento product grid extension to more easily mark products visible or not visible directly in the grid?
Quick Extension Overview
Extendware’s Magento Admin Product Grid extension allows you to easily filter and edit your products within the product grid. You can add / remove columns, change the ordering of columns, filter by new attributes or categories, and much more. Editable Product Grid turns your Product Grid into a powerful editing tool.
Adding a CAPTCHA to forms
This is the most common strategy to stop automated bots from submitting forms. Our Magento captcha extension is the best solution to this. You can add either a Google reCAPTCHA or an Open Captcha to your contact form. You can also disable it for logged in users so it is less annoying to users.
Creating honey pots to block bad bots
The other strategy is to entice bots to submit data to hidden forms and identify them as a result. Once identified, they can be blocked from your site. Our Magento bot blocker extension accomplishes this for you. In addition, it will rewrite existing forms to make it difficult for automated bots to understand how to submit them. Bot blocker also has the added advantage of preventing bad bots from scraping your site for information as they will be banned once identified.
Quick Extension Overview
$productId = 169;
$stockItem = Mage::getModel('cataloginventory/stock_item')->loadByProduct($productId);
if ($stockItem->getId() > 0 and $stockItem->getManageStock()) {
$qty = 100;
$stockItem->setQty($qty);
$stockItem->setIsInStock((int)($qty > 0));
$stockItem->save();
}In this script you will need to set the $productId and $qty to the appropriate value. This script will only update the qty if the product inventory is managed. In addition, it will set the Stock Availability based on the qty status.
Need a more full featured store? Have a look at our Magento extensions.
Quick Admin Product Grid Overview
Quick Bulk Product Updating Overview
How to view PHP configuration
To view your PHP configuration you can upload a file named phpinfo.php with the following data and then view the file in your browser:
<?php phpinfo(); ?>
Once logging and display errors is enabled, then the reason for the error will should log in your PHP error log and then you can take steps to resolve it.
What if there are no error logs?
Magento has its own error handler located at [Magento root]/app/code/core/Mage/Core/Functions.php defined by the function mageCoreErrorHandler(). Sometimes this custom error handler will fail to output the error. The most likely cause of this is when the script runs out of memory.
To ensure there is sufficient memory look at your PHP information for the max_memory field and ensure it is set to at least 256MB. Whatever its current settings try to raise it and test.
Some other potential resolutions including:
- Deleting the cache- execute rm -rf [Magento root]/var/cache/ to delete the cache
- Ensure file permissions are correct
- Ensure the short_open_tag is enabled just in case your theme uses this
If you ever experience issues with extensions you should look at the Magento extension conflict extension which can help resolve rewrite conflicts.
Quick Extension Overview
Ideally, maintenance mode is a way to display a nice message to users about your site while maintenance is being conducted. It should allow you and administrators to continue to access the store so you can test features and performance before going live.
What do I need to put my Magento store in Maintenance Mode?
To put Magento into maintenance you will want our Magento Maintenance Mode extension. With this extension you can:
- Show a friendly message to users indicating the site is in maintenance
- Ensure that the admin area of the store still works and anyone logged into the admin can view the frontend
- Whitelist IP addresses using advance rules so particular IP addresses can still view the frontend
- Show a warning on the frontend to remind you that the store is in offline mode.
How do I put my Store in Maintenance Mode?
The process is simple. Simply follow these steps:
- Go to Extendware -> Manage Extensions -> Maintenance Mode -> Configuration in your store backend.
- Under the General fieldset set the Status to Enabled. Your store will now be in maintenance mode
Remember, you will need maintenance mode extension in order to accomplish this task.
Quick Extension Overview
Easily put the frontend of your store in maintenance mode while you are working on your store. Logged in administrators and anyone on your IP whitelist can easily access the frontend of the store even when in Magento Maintenance Mode.