Emcien: Sku Intelligence For Recommendation Engine.Ppt

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    Emcien: Sku Intelligence For Recommendation Engine.Ppt - Presentation Transcript

    1. Maximize Customer Sa0sfac0on   And Margins  By    Matching Customers to Right Product   at Point of Sale 
    2. Emcien offers a recommenda.on engine for  configurable products, at point of sale  ‐  Customer typically specify only a few features  ‐  The recommenda0on engine completes the spec and offers  configura0ons for best fit  ‐  Spec is completed based on business objec0ve  ‐  Margin, Sa0sfac0on, Availability  ‐  And how similar customers configured product   Higher margins   Higher customer sa0sfac0on and reten0on  Slide 2  Emcien Confidential Information
    3. Customers Typically Specify Only Few Features   I WANT a Laptop with… At least 120GB drive 2GB of RAM and a camera 135 different ways to complete the order CUSTOMER 19 features not specified Margin ranges from ($130) to $23 How would you fill the order? Slide 3  Emcien Confidential Information
    4. Check only  customer  specified  features  Choice #1  #2  #3  EmcienMatchTM  recommends best choices based on objec0ve   (margin, customer sa0sfac0on, availability,..)     Slide 4  Emcien Confidential Information
    5. Instant Recommenda0ons Within Budget    I can spend  Only  $500 CUSTOMER Specify price  limit for  purchase  Your  #2 and #3  Choice #1  Slide 5  Emcien Confidential Information
    6. I WANT a Laptop …  for my Home Office Play Games  Home Computer  Home  Office  Video  Customer selects  Travels Easily    Produc0on  product based on  life style/ Use  Slide 6  Emcien Confidential Information
    7. This one does  everything I need All features for  Home Office  computer  automa0cally  selected   Your  #2 and #3  Choice #1  Slide 7  Emcien Confidential Information
    8. ‐   What op(ons are customers buying ? Which ones are profitable?  ‐  Customers who bought this, also bought this!  ‐   EmcienMix auto‐detects feature clusters by markets  EmcienMixTM  Op0mize Product Mix  ‐  Clusters used to create linked database of configura(ons, op(mized  with SKU Intelligence   and ranked on business metrics (such as churn. Margin..)  E.g. 74% of online  orders have these 8   features choices  For more information please visit: http://www.emcien.com/EmcienMix Slide 9  Emcien Confidential Information
    9. Amazon-like, but at the feature level 120GB drive, 2GB of RAM, camera , Customers who bought feature “A” and “B” _______ , _____, ____, ____, ______, ______, also bought “C”. … = Best + Configuration Recommendation Business Metric Ranking CUSTOMER Sales Margin Velocity Churn Slide 10  Emcien Confidential Information
    10. Play Games  Home Computer  EmcienMatchTM  Recommenda0on Engine  Home  Office  ‐ Customer selects only desired features  Video  ‐  Can select by life style (as shown)  Travels Easily    Produc0on  ‐  Recommenda(on is best configura(on choices  ‐  Sales reps and customers can self‐serve  ‐  Higher product margin  ‐  Higher customer sa(sfac(on  Full Configurations Recommendations For more information please visit: http://www.emcien.com/EmcienMatch Slide 11  Emcien Confidential Information
    11. www.emcien.com  Sales@emcien.com 

    + Emcien CorporationEmcien Corporation, 3 months ago

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