|
Social media explosion and social strategies in ecommerce are dictating the shift in the market, at the same time have set a harder targets for Retail & Online Media to drive higher consumer engagement & revenue. They have overwhelmed the consumers with information not relevant to them, which fueled their expectations for a much personalized and hyper relevant experience. While traditional efforts continue to be a significant part of eCommerce strategy, social-based digital technology has aggravated the major challenges posed by Retail & Online Media websites - User Acquisition & Conversion rates, User Retention, Increased Revenue through higher average “Order/Action” value. Personalized Social-based Recommendations helps Retail & Online Media enterprises accomplish this by delivering a personalized hyper relevance experience. Several industry leading research notes and analyst quotes have substantiated this. “More than 1/3rd of the respondents said personalization recommendations helps them make decisions more quickly (JWT Trends Survey, July 2011).” “45% say they are influenced a fair amount or a great deal by reviews on social sites from people they follow (46% say reviews in newspaper or magazine influence them.) (Harris Poll, April 2010).” “These are great ways of conversing with influencing customers, especially since the individuals on a social networking site are usually connected to other individuals whom they trust and respect —recommendations from the most influential people of all, the prospective buyer’s friends and family” --- Booz Allen Hamilton Report.” The market foresees a coherent & personalized experience with Social media, Contextual Relevance, Rich flow of data by interconnected web and social intelligence as the key elements for combating the above challenges. SmartPrise Social Commerce for Relevant & Personalized Experience ZSL has built SmartPrise Social Commerce solution powered by myBantu's social and personalized recommendation engine, which follows and understands your consumer’s intent and engage them with a very relevant and personalized experience delivered by uniquely combining personalized recommendations, social intelligence and personal assistance approach. SmartPrise social commerce is the only solution that provides recommendations “for you” not for “people like you”. SmartPrise Social Commerce’s recommendation engine is based on Active Relevance technology which considers 9 distinct parameters (notwithstanding keywords or usage) - persona in social networks, peer influence, popularity, brand affinity, price affinity, location, purchase history, favorite marque, navigation patterns - to realize the desire of your buyers/users and produce intent-based recommendations. The solution produces much more targeted information, as recommendations, based on social algorithms enabling for a 360o customer engagement that persuades them for transactionability and repeated visits. These recommendations empower up-sell and cross-sell opportunities significantly driving up the average order/action value – as much as 120% and user engagement as much as 450%. ZSL’s SmartPrise Social Commerce lays out a social-centered user engagement platform that allows them to instantly connect and get opinions, referrals, reviews, suggestions and coupons from friends, peers, colleagues and users of similar interests. SmartPrise Social Commerce for Retail Social Commerce & Personalization Solutions for Retail SMBs Social Commerce & Personalization Solutions for Magento Commerce We have a strong industry knowledge and proven technology expertise in building, customizing and implementing Magento-based commerce stores and extending it for social and mobile media. SmartPrise Social Commerce’s social recommendation-based personalization technology is available as a standalone component and has a great interoperability with Magento commerce retail stores. The personalized recommendations combined to social intelligence fascinates the online shoppers with a personalized and relevant shopping experience. F-commerce & M-commerce Solutions Social Commerce & Personalization Solutions for IBM Smarter Commerce We have well known industry recognition for our specialization and expertise in building, customizing and implementing IBM Smarter commerce stores and for the capability to extend it on emerging social and mobile technologies. SmartPrise Social Commerce for Online Media Personalization Solutions for Online Media Our SmartPrise Social Commerce solution empowers the users with very relevant and personalized experience by tying in personalized recommendations & social intelligence together. |