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Accelerate e-commerce SLI Overview David Woods, Sales Director [email protected] eCommerce & Omni- channel Experience

David Woods presentation

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Page 1: David Woods presentation

Accelerate e-commerce

SLI Overview

David Woods, Sales Director

[email protected]

eCommerce & Omni-channel Experience

Page 2: David Woods presentation

Agenda

1. SLI Overview

2. Search

3. Recommendations

4. Site Champion

5. Merchandising Console

6. Summary

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Some of our UK based clients…

Best Product – ecommerce awards for excellenceBest Technology Solution – ECMOD

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SLI Systems

•Lakeshore Learning - 30% increase in site revenue

•Boden - 177% increase in site search conversions•Jelly Belly - 33% increase in site search conversions

•e.l.f. Cosmetics - 400% higher conversions from mobile search users

•Party Supplies Delivered - 203% increase in site search conversions•Snow+Rock - 11% higher conversion rates

•Thompson & Morgan - 47% of site revenue generated from site search

•Lovehoney - 16% higher average revenue per visit•Motorcycle Superstore - 200% increase in site search conversions

•Michael C. Fina - 187% increase in site search conversions

•Suttons Seeds - 50% of site revenue generated from site search

•LED Hut - 35% lower bounce rate•Appliances Online - 30% revenue increase attributed to site search

•American Bridal - 300% increase in revenue from site search

•Black Forest Decor - 84% higher revenue per customer

•Carolina Rustica - 25-30% revenue increase attributed to site search

•Footwear etc. (Patricia Seybold Group) - 200% higher average revenue per visit

•NRS - 20,000+ referrals through SLI Site Champion•SurfStitch - 30% improvement in page position for organic searches

See more at: http://www.sli-systems.co.uk/customers/case-studies#sthash.FF4ntmX8.dpuf

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Search

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Searchers are your most valuable shoppers

6*Based on analytics data for 200+ retailers

11%higher

3xgreater

6 Min.

longer

Searchers vs. non-

searchers*

$11.09

w/ search

$4.62 w/o search

7more

Pages Per Visit

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Site Search Recommendations

Prominent Search Box

Autocomplete Suggestions based upon

previous shopper searches

Top Selling Product relevant to current

Search Box Information w/additional

detail (ie. Price/product info/availability)

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Text Suggestions – Conversion Rate

24% AOV increase £3.66

Product Suggestions – Conversion

Rate 29.5% AOV increase £5.40

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Search Suggestions / Productions Suggestionswith SLI Learning Search

E-commerce Conversion Rate Oct 26, 2014 - Nov 2, Nov 3, 2014 - Nov 9, Nov 10, 2014 - Nov 16,

All Sessions 1.42% 1.63% 2.00%

SLI Auto Complete - Suggestion 2.12% 2.49% 3.21%

SLI Rich Auto Complete - Product 4.44% 5.07% 5.22%

E-Commerce AOV Oct 26, 2014 - Nov 2, Nov 3, 2014 - Nov 9, Nov 10, 2014 - Nov 16,

All Sessions £4.98 £5.57 £8.40

SLI Auto Complete - Suggestion £10.06 £12.93 £17.12

SLI Rich Auto Complete - Product £15.50 £18.68 £19.78

Search Suggestions Results

Suggestions convert higher than

standard search

Suggestions have higher AOV then

standard search

Product Suggestions convert higher

than any other search

Product Suggestions have higher AOV

then any other search

UX is improved providing better

usability and more enjoyable browsing

experience

Suggestions continue to improve due

to SLI Learning

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75% of shoppers will click in the

top 5 products

SLI Learning Search

Relevant results

Most likely purchased products

ranked first

User generated search

suggestions

Dynamic refinements

Marketing banners

Spelling and pattern matching

1 2 3 4

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SLI Search – Learned Relevance

SLI Learned Score

75% of click through are through the top 5 products

Vital to display most desirable (highest converting

products) at the top of page 1

SLI can automate this based upon each individual

key phrase

SLI will always deliver the most relevant results

based upon learned customer behavior therefore

driving up conversion rates

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Search Suggestions / Productions Suggestionswith SLI Learning Search

E-commerce Conversion Rate Oct 26, 2014 - Nov 2, Nov 3, 2014 - Nov 9, Nov 10, 2014 - Nov 16,

All Sessions 1.42% 1.63% 2.00%

SLI Auto Complete - Suggestion 2.12% 2.49% 3.21%

SLI Rich Auto Complete - Product 4.44% 5.07% 5.22%

E-Commerce AOV Oct 26, 2014 - Nov 2, Nov 3, 2014 - Nov 9, Nov 10, 2014 - Nov 16,

All Sessions £4.98 £5.57 £8.40

SLI Auto Complete - Suggestion £10.06 £12.93 £17.12

SLI Rich Auto Complete - Product £15.50 £18.68 £19.78

Search Suggestions Results

Suggestions convert higher than

standard search

Suggestions have higher AOV then

standard search

Product Suggestions convert higher

than any other search

Product Suggestions have higher AOV

then any other search

UX is improved providing better

usability and more enjoyable browsing

experience

Suggestions continue to improve due

to SLI Learning

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SLI Search – Banners

SLI Product Page Banners

Banners increase sales to customer by delivering information or including Call to Actions

Banners can be site wide or created per key phrase

Banners can be set in campaigns – so the only run for set periods ie. Black Friday-Cyber Monday

Search term: Harry Potter Search term: Clarks Shoes

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SLI Systems Tuning Functionality

Promote, Demote, Hide Products

Control categories

Create rules / weighting

Create bespoke pages for search terms *Halloween*

Create highly tuned product landing pages – email campaigns

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SLI - Navigation

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SLI Search – Learned Navigation

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Recommendations

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Create up sell and cross

sell opportunities

SLI’s Approach

Automatically generated

recommendations

Customised strategies

Shown across multiple

pages

Learning technology

optimises relevance

based on user behaviour

Create highly tuned

product landing pages –

email campaigns

Controllable – higher

price, selected products

Intelligent Recommendations

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SLI Mobile

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SLI Mobile

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Search on MobileProminent search box prom

Top categories highly visible

Relevant results become even more important

Refinements easy to use

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User Generated SEO

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SLI’s Approach

Automatically generated

recommendations

Customised strategies

Shown across multiple

pages

Optimises relevance

based on user behaviour

Create highly tuned

product landing pages –

email campaigns

Controllable – higher

price, selected products

Tailored algorithms

User generated SEO – Site Champion

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User generated SEO – Site Champion

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High optimised product

driven landing pages

crawable by Google

SLI Site Champion

2nd October:

1906 referrals

118 transactions

6.19% Conversion Rate

User generated SEO – Site Champion

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Merchandising Console

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Dynamic Product BannersDecrease Bounce Rate

Increase Conversions

Higher average order value

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Merchandising Console

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Merchandising & Reporting Console

Reports, metrics and

tools to simply and

effectively optimise your

e-commerce Web site

Merchandising Console

Reports

Page Tuning

Synonyms

Banners

Conversion Optimiser

Redirects

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Test, Test, Test

Grid Vs List Test

Yearly increase in revenue ~ £250,000 increase in usage

Grid views spend £4.47 more than list viewers

Increase in revenue of ~£21,000 per month

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Test, Test, Test

Infinite Scroll &

Floating Search

Increase in revenue

per day of over £3K

Over the course of a

year generating

over £1 Million

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The CSM Team

Reports, metrics and tools to

simply and effectively optimise

your e-commerce Web site

Merchandising Console

Implementation

On going support

Driving Key metrics

Best Practice

Sharing experience

Conversion Optimiser

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Site Search Critique

http://sitesearch.sli-systems.com/Site-Search-Critique.html

Web Demo

http://sitesearch.sli-systems.com/Request-Demo.html

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Thank [email protected]

Linkedin/com/in/davidpaulwoods