By making decisions faster and more precise, and our execution more efficient, we believe it has the potential to realize a 7-9% reduction in out of stocks, recover an average 5-7% in lost sales. All of this would not be...
Businesses looking for a unified set of packaged applications supporting a range of descriptive, diagnostic, predictive and prescriptive analytics should consider Algonomy.
Algonomy’s sweet spot is advanced customer analytics for retailers. Its robust customer data model underlies prebuilt KPIs and predictive scores, which retailers and other direct-to-consumer brands find alluring.
Through the UPS, there was a wealth of information at our fingertips. From size preferences, brand affinity and price affinity, to search queries, context and location – we realised we knew a lot about our customers. We are delighted we...
Before we introduced data-driven recommendations into the contact center, staff would only offer the five products we had on sale, so it wasn’t personalized for the customer at all. Now, our customer service agents can advise customers on an increased...
Deep recommendations with NLP is right now the top strategy, and is delivering average attributable sales of Eur 10.68 per click. The results are scaringly good. Without RichRelevance, we wouldn’t have used these innovative AI technologies that differentiate us, and...
We instinctively knew that using visual aspects of a product for recommendations is effective in fashion and lifestyle business – it’s much closer to the expertise of our merchandisers. I am excited with early results – our engagement is up...
Through the Algonomy solutions we were able to automate the recommendations based on two desired outcomes: showcasing compatible items based on what the shopper was purchasing, as well as surfacing similar products the shopper may not find otherwise.
Algonomy gives us the ability to easily and confidently test new ideas and strategies, which is invaluable to our learning as we seek to continually improve our knowledge of what our customers engage with and what improves their experience
Thanks to the personalized experience Algonomy provides, we’re able to connect shoppers with content and products aligned with our offerings and business model. We’re well positioned for digital growth as we move forward with Algonomy as a partner.
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