How 3 retailers are using AI-powered search and discovery to crush their numbers
The average ecommerce store conversion rate is 2.5-3%. However, retailers can significantly improve their conversion rates by enhancing search and discovery user experiences with AI-aided technology. Three Algolia clients - Everlane, Oh Polly, and Zenni - have successfully implemented this strategy to bolster their bottom lines. They upgraded their search functionality and discovery capabilities, leading to significant improvements in KPIs such as conversion rates, click-through rates, and revenue per user session. AI-powered features from Algolia can enable retailers to achieve impressive successes in improving their ecommerce businesses' conversion rates.
Company
Algolia
Date published
April 11, 2024
Author(s)
Catherine Dee
Word count
605
Hacker News points
None found.
Language
English