Company
Date Published
April 11, 2024
Author
Catherine Dee
Word count
605
Language
English
Hacker News points
None

Summary

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.