Engage / AI across the funnel Practical routes to a better customer experience

Similar documents
for Microsoft Dynamics 365

Money on the move Why the financial sector should deliver more mobile experiences

E P I S E R V E R A S C E N D. Joey Moore H E A D O F P R O D U C T M A R K E T I N G E P I S E R V E R. Episerver

BloomReach Commerce Search Datasheet

How to build a profitable customer loyalty program 7 key steps to create customers for life AGENCY OF THE YEAR

LE NUOVE FRONTIERE DALL AI ALL AR E L IMPATTO SULLA QUOTIDIANITÀ

A NEW REALITY FOR RETAIL

NETSUITE FOR RETAIL Designed to Satisfy Your Omnichannel Shoppers

Global Commerce Review. Americas, Q2 2018

Connecting e-commerce and Digital Marketing COMMERCE. Commerce beyond boundaries

GDPR 7 questions you should ask technology vendors about GDPR

2019 Retail C-Suite Viewpoint Survey

Petri Isola Solution Architect

General Data Protection Regulation and Episerver Learn how to leverage your organization s data to support GDPR compliance.

2016 inriver INFLUENCE WITH RATINGS AND REVIEWS BOOST BRAND LOYALTY AND DRIVE SALES WITH USER-GENERATED CONTENT

Global Commerce Review EMEA, Q2 2018

CrossView Connect: An Omni-Channel Solution Enabler

OMNICHANNEL COMMERCE SOFTWARE FOR RETAILERS AND BRANDED MANUFACTURERS

Demandware Digital. Power digital commerce everywhere: web, mobile, social, in-store and call center. Powering Commerce Anywhere.

SUITECOMMERCE Complete Commerce Solution for Delivering a Unified Customer Experience

SUITECOMMERCE Complete Commerce Solution for Delivering a Unified Customer Experience

SUITECOMMERCE Complete Commerce Solution for Delivering a Unified Customer Experience

THE ULTIMATE GUIDE TO REPLATFORMING (part 1 of 3)

THE FUTURE OF PERSONALIZATION. Bridging the resource gap with technology

What is the purpose of DAM? Why do organizations invest in DAM?

Ektron to Digital Experience Cloud: A guide to moving up

Commerce-as-a-Service. You focus on your core business. We manage your digital sales.

Making Omnichannel Commerce Work with the Latest Technology Innovations

UNIFIED, CLOUD-BASED OMNICHANNEL COMMERCE SOFTWARE FOR RETAILERS AND BRANDED MANUFACTURERS

16 % US 12% UK 7% AU 14 % 11 %

1 01. Customer Acquisition vs. Customer retention: the big challenge The role of Retention Marketing in e-commerce

How to drive customer retention in e-commerce. 7 tips to transform your online business and thrive

Elastic Path Commerce for Telecoms. A Solution Overview

Amplience Extension for SAP Hybris Commerce

Microsoft Dynamics and Episerver Commerce case study. Eason & Son. Increasing Revenues by over 100% with Omnichannel Commerce.

THE RETAILER S BLUEPRINT FOR SUCCESS: Enabling Great Customer Experiences

Grow. Merchandizing. Digital Experience. Benefits

The marketer s guide to personalization

2018 Digital Trends 1

THE PROGRESS SITEFINITY PLATFORM Helping you create winning customer experiences across all channels

RETAIL MANAGEMENT SOFTWARE SYSTEMS for furniture, design and home furnishings stores

4.3% higher mobile conversions. 115% annual ROI on Clicktale after less than two months use

CUSTOMER DATA PLATFORM OR MARKETING AUTOMATION WHAT DO YOU REALLY NEED?

Commerce Cloud Digital

REIMAGINING ACTIVE RETAIL

ERFM: HOW TO UNDERSTAND CUSTOMER ENGAGEMENT BETTER THAN EVER HOW THE NEW SCIENCE OF SEGMENTATION PROVIDES DEEP BEHAVIORAL INSIGHT

Target Media Network products

To win over grocery shoppers, rethink your technology and embrace a unified commerce approach

BRIGHT SUITE Optimize Fulfillment with Deposco

APRIL 18, 2018 NEW SHOPPER ENGAGEMENT SOLUTIONS SEGMENT WILL EMERGE, REACHING $38B BY 2021 WITH A 36% CAGR

Capability Checklist for an Enterprise Customer Data Platform

4 Steps to Maximizing. Customer Lifetime

Introduction Where is RPA/BPM today? Use Case Managing risk Getting RPA right Conclusion

3 QUICK FIXES TO PERSONALIZE THE ONLINE CUSTOMER JOURNEY

PUSH POSSIBLE FOR ACTIVE RETAIL

[24]7 Customer Acquisition Cloud Predict. Personalize. Profit.

How to Increase Your Conversion Rates

SAP Hybris Marketing Cloud Solutions: Market in the Moment

Intelligent Marketing in the Moment

Seven Ways to Create an Unbeatable Enterprise Mobility Strategy

Customer Experience Management: The Danger of Data Silos

SOLVING THE MARKETING ATTRIBUTION RIDDLE Four essentials of decoding the multitouch attribution, beyond the last click.

Integrated Social and Enterprise Data = Enhanced Analytics

Winning in the Age of Personalization. Global survey compares consumer expectations against industry initiatives

The Ultimate Ratings and Reviews Buyer s Guide for Magento Merchants. Choosing the best ratings and reviews partner for your Magento store

Guide. Omni-Channel Order Management

ERFM: HOW TO UNDERSTAND CUSTOMER ENGAGEMENT BETTER THAN EVER HOW THE NEW SCIENCE OF SEGMENTATION PROVIDES DEEP BEHAVIORAL INSIGHT

3 WAYS ONLINE ANONYMITY HURTS BUSINESSES AND CONSUMERS

DIGITAL CHANNELS Solution Overview

EVERY PRODUCT TELLS A STORY

KEY FINDINGS. 2 New trends in global shopping habits. Smartphones are increasingly important during all stages of the consumer journey

WORLD CLASS B2C MARKETING FOR DEMANDWARE EMARSYS FOR DEMANDWARE

Looking Glass brings online personalization into the retail store.

Oracle WebCenter Sites

Actionable Intelligence that Accelerates Profitable Growth. An Introduction to Zilliant IQ for Salesforce

Transforming the financial services contact center

Webtrends for Travel. Optimize Experiences to Increase Bookings Across Digital Channels. Solution Overview

EMBARKING ON DIGITAL SELF-CARE JOURNEY

The 75 Essential. Content Marketing Stats You Need to Know

ACCELERATE TO THE NEW PORTALS TO BIG DATA

5 DATA-DRIVEN TECH TRENDS SHAPING CUSTOMER EXPERIENCE AND HOW YOUR BUSINESS CAN QUICKLY ADAPT

Digital Marketing PRECISION EXAMS

Digital Marketing PRECISION EXAMS

for a Leading Indian Retail Store

DECISION-MAKING POWERED BY ARTIFICIAL INTELLIGENCE - THE FINAL STEP TO BECOMING A COGNITIVE BUSINESS.

Your Roadmap to Intelligent Assisted Support

TO RETARGETING INTRODUCTION WHITE PAPER. The Performance Marketer s Guide to Retargeting: Part I

A Marketer s Guide. To Unlocking the Value of Your Customer and Prospect Lists. maxpoint.com

Seven Key Capabilities Of Adobe Experience Manager

Beyond Mobile: State of digital commerce 2017

10 Reasons to Consider Marketing Automation

PERSONALIZED INCENTIVE RECOMMENDATIONS USING ARTIFICIAL INTELLIGENCE TO OPTIMIZE YOUR INCENTIVE STRATEGY

Dynamics 365 in Retail. Engage Your Customers

CONVERSION OPTIMIZATION IMPROVING CONVERSION AND REVENUE. Customer Successes

SAP Hybris Solution Brief for Wholesale Distribution

Top intelligent tools that every sales rep should have in 2017

Verint Engagement Management Solution Brief. Overview of the Applications and Benefits of

Marketing Solutions Built with People in Mind

the big book predictions

The Store of Today. Sponsored by

Transcription:

Practical routes to a better customer experience

Introduction Artificial intelligence (AI) and machine learning are the most exciting developments in marketing and merchandising for decades. They offer many ways to personalize at scale and draw actionable insights from huge pools of customer data. In this series of Episerver guides, we show how marketers and merchandisers can use these algorithms to improve performance across the entire customer journey. Learn how to better attract, engage, convert and care for customers using AI. In this guide: Using AI to successfully combine content and commerce at scale Discover and curate user-generated content with AI Powering site search with AI to improve results and journeys AI that delivers in-store recommendations. The Episerver AI guides: AI and the Customer Experience Revolution - Attract - Engage - Convert - Care

Page 1 Engage: Personalize experiences and journeys Engagement is the core of digital experiences. Companies spend a lot of time, money and resources to improve engagement in their digital channels, often with mixed results. Now with artificial intelligence, you can easily increase engagement through personalizing each and every experience. The challenge: knowing what customers want For many enterprises, increasing engagement has had a steep learning curve. In order to understand user experiences, they have to cycle through a number of processes including customer research and insights, personas, segmentation, wireframes, prototypes, user testing, MVPs and A/B testing. With so many factors and assumptions involved, it can be hard to get it right. The opportunity: individual experiences in real time With the advent of AI-driven personalization, marketers and merchandisers can quickly take engagement to the next level. Rather than only segmenting visitors into general groups, artificial intelligence enables you to customize each individual experience in real time. AI can anticipate what your customers want, while still keeping you in control of your campaigns, rules and strategies. To improve engagement, many companies already personalize customer experiences at the segment level. One of the most common segments is new or existing customers. Companies also segment according to the devices people are using. For example, a retailer might choose to show in-store products to someone on a mobile device, instead of showing other product information. This kind of segmentation is helpful, but it will only take you so far.

Page 2 Combining content and commerce with AI Content in its broadest form everything from images to customer reviews can be an effective way to engage, inform, persuade and reassure customers. Yet finding the right way to combine content and commerce can be tricky and time consuming. If you get it wrong, customers can even be turned away since this shows you don t really know what they want. The opportunity: AI that selects exactly the right content When it comes to content, context means everything. AI and machining learning can help you successfully place the right content, in the right place at the right time, with little or no effort. Getting the context right could be as simple as matching content to a visitor s geographic location. For example, to increase relevance AI can automatically select different language versions or images for appropriate seasons. What makes AI different than segmentation in this case is that it can personalize every experience at scale. AI that knows where the customer is in their journey Another example of context is a customer who puts a product into their cart, then revisits the product page. A static product-content association may trigger the insertion of a trend piece but this could be content the customer has already seen. Artificial intelligence is better able to determine why the customer is back on the product page and can adapt the content appropriately. The customer may be looking for product specifications, pricing information or matching products. You can also look at content and commerce the other way around, in which a piece of content has dynamically inserted products. This kind of seamless integration is both engaging and persuasive. The Episerver solution Content can be an incredibly powerful tool in engaging and converting customers. That s why Episerver has a leading content management system at the heart of its commerce engine. With the addition of Episerver Personalization, customers get a suite of intelligent omnichannel solutions for commerce, content and search personalization. Episerver s solutions include features that help you automatically combine content and commerce in the most effective way possible. For example, Episerver s CMS architecture can automatically localize content for different regions. You can also easily apply content or merchandising rules for different types of visitors and products. When it comes to AI, Episerver s machine-learning algorithms can select the content that performs best in any given context or for individual users. For content selection, Episerver Personalization takes into account factors such as customer data, pages viewed, shopping cart contents and previous orders.

Page 3 Curating user-generated content with AI The value of user-generated content (UGC) in driving trust, engagement and lifetime value is well understood by most retailers. Reviews or testimonials, Twitter feeds, community content and contest entries can all be helpful additions to your digital channels. The challenge: finding and displaying UGC Social media images attract the most attention and are often the most useful to brands. According to Adweek, 85 percent of users surveyed find visual UGC more influential than brand photos or videos. However, repurposing these images outside of the social channels themselves has been difficult from both a technical and privacy perspective. The Episerver solution: AI that curates content Episerver has solved this with a product that does a lot of the work for you. Episerver UGC, powered by Stackla, enables you to easily display user-generated content on your website, commerce site and other channels. It aggregates and curates relevant content that you can personalize for your visitors. Merchandisers can increase average order values and conversions by leveraging social proof on product pages and at the point-of-sale. You can also use Episerver UGC to enrich emails with user-generated content that is personalized for each individual subscriber. Privacy concerns are also handled by a built-in UGC rights management tool and content workflow that help you stay compliant.

Page 4 Powering site search with AI to improve results According to Forrester, an average of 43 percent of users navigate straight to the search box, and searchers are two to three times more likely to convert than non-searchers. In this section, we look at how artificial intelligence can be used to optimize site search and customer journeys. The opportunity: AI that provides better search results AI for site search works because visitors have often given enough signals for an algorithm to predict what they might be looking for. Factors like previous orders, browsing history, location and cart contents help algorithms to improve search results. If the visitor has no profile information, machine learning can use previous searches by others to offer autocomplete suggestions. In addition, machine learning is crucial to turn potential dead-end searches into product views. Fuzzy logic paired with multiple dictionaries will resolve misspellings and synonyms, so that a search for blu flip flop in Australia will successfully return a pair of aqua thongs. Presenting related queries, such as People also searched for, can be particularly effective. Related queries can inspire users with products that reflect their own tastes, while at the same time reassuring them that others share their preferences. Onward omnichannel journeys can be encouraged through search, too, such as by presenting local store availability (through geo-detection). For known customers, this can be even more powerful if they have historically bought online and picked up in-store. The Episerver solution Episerver Personalized Find is an enterprise site search solution that uses artificial intelligence to help customers find exactly what they are looking for. It personalizes the products in search results based on a customer s purchase history, web browsing and email behavior. The result is higher search rankings, more relevant experiences and increased revenue. The solution also includes faceted navigation that gives users control over the attributes they are looking for, such as color, price and size. Machine-learning algorithms can determine an initial selection of products, which can then be filtered by business rules configured manually by merchandisers.

Page 5 AI that increases engagement Episerver clients that use AI-powered personalization show a strong increase in engagement: a 308% boost in pageviews and a 37% increase in average time on site. 308% 37%

Page 6 Delivering in-store recommendations with AI Capturing data from offline transactions is one of the toughest hurdles for many retailers that have physical stores and digital commerce. Yet consider how much intelligence is being lost without this 360-degree view. By taking all transactions into account whatever the channel retailers can turbocharge their personalization strategy. Loyalty schemes have long been the primary way to link the two realms, and new lower cost, tablet-driven options have opened up this possibility to smaller retailers. Capturing a shopper s identity using digital receipts, POS and in-store WiFi is increasingly common, too. Beacons have yet to see widespread adoption, but offer similar potential. The opportunity: Connecting in-store and online experiences What could in-store personalization look like? One Episerver client in high-end fashion has connected an interactive mirror to AI data from its website. By using RFID chips in clothing labels, the mirror doubles as a screen. The customer then sees in the mirror a custom selection of products and accessories that are filtered according to merchandiser rules and stock availability. In this way, category and product associations from the online channel are used to increase order values in the real world.

About Episerver Episerver empowers digital leaders to easily create engaging experiences for customers with measurable business results. The Episerver Digital Experience Cloud unifies digital content, commerce and marketing in one platform, including omnichannel solutions for intelligent personalization and campaigns. Founded in 1994, Episerver has offices in the US, UK, Sweden, Australia, Germany, Denmark, Finland, Norway, Poland, the Netherlands, Spain, South Africa, Singapore, Vietnam and the UAE. Episerver Personalization is a suite of personalization solutions powered by artificial intelligence. The solutions analyze visitor and customer data to present individualized product selections, content and search results in any channel, including email recommendations triggered by real-time behavior. Easily create relevant experiences that increase engagement, conversions and sales. For more information, visit episerver.com.