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Adaptive site topsellers
1.
PERSONALIZATION HOW TO MAKE
YOUR SITE ADAPTIVE Part 1 of 6
2.
Why brands need
an adaptive site? © Unbxd Software Private Ltd 2014. All rights reserved. Source: dictionary.reference.com/browse/adapt www.unbxd.com
3.
Brands spend a
lot of time and money to bring new and repeat visitors to the site © Unbxd Software Private Ltd 2014. All rights reserved. Header Banner Categories Footer >< www.unbxd.com
4.
This generates a
lot of traffic and brands get some conversions © Unbxd Software Private Ltd 2014. All rights reserved. All Visitors Shopping Pages Add to Cart Purchase 100% 60% 30% 3% Header Banners Categories Footer YOURSITE.com >< www.unbxd.com
5.
What’s the problem? ©
Unbxd Software Private Ltd 2014. All rights reserved. www.unbxd.com
6.
© Unbxd Software
Private Ltd 2014. All rights reserved. All Visitors Shopping Pages Add to Cart Purchase 100% 60% 30% 3% TOO SMALL! NOT ENOUGH! MAKE IT BIGGER! Problem 1 www.unbxd.com
7.
© Unbxd Software
Private Ltd 2014. All rights reserved. All Visitors Shopping Pages Add to Cart Purchase 100% 60% 30% 3% REACHED LIMITS ON BRINGING NEW TRAFFIC Problem 2 www.unbxd.com
8.
What is the
next step in the evolution? © Unbxd Software Private Ltd 2014. All rights reserved. www.unbxd.com
9.
Experts say.... © Unbxd
Software Private Ltd 2014. All rights reserved. All Visitors Shopping Pages Add to Cart Purchase 100% 60% 30% 3% OPTIMIZE CUSTOMER JOURNEY www.unbxd.com
10.
HOWEVER We don’t want
a robotic or manual approach We need a modern and strategic solution © Unbxd Software Private Ltd 2014. All rights reserved. www.unbxd.com
11.
One strategy to
optimize the customer journey Adaptive Site Using Personalization Part 1 - Top Sellers © Unbxd Software Private Ltd 2014. All rights reserved. www.unbxd.com
12.
Brands show the
same home page to all the visitors, regardless of who they are and where they come from © Unbxd Software Private Ltd 2014. All rights reserved. www.unbxd.com
13.
Different visitors see
the same home page WHY? © Unbxd Software Private Ltd 2014. All rights reserved. SARAH First Time Visitor MELANIE Repeat Visitor AMY Loyal Customer Header Banners Categories Footer >< Header Banners Categories Footer >< Header Banners Categories Footer >< www.unbxd.com
14.
Brands have a
dilemma “What to show on the home page?” © Unbxd Software Private Ltd 2014. All rights reserved. new products help bring customers back top selling products help grow revenue They want both or www.unbxd.com
15.
© Unbxd Software
Private Ltd 2014. All rights reserved. Header Banners Categories Footer >< New products have won the banner space So can brands add top sellers below the banners? YOURSITE.com Home Page www.unbxd.com
16.
That might be
an easy “Yes” © Unbxd Software Private Ltd 2014. All rights reserved. www.unbxd.com
17.
Determining “Top Sellers” is NOT ©
Unbxd Software Private Ltd 2014. All rights reserved. www.unbxd.com
18.
Some challenges that
brands may face... © Unbxd Software Private Ltd 2014. All rights reserved. www.unbxd.com
19.
Challenge #1 -
Real-time? © Unbxd Software Private Ltd 2014. All rights reserved. Intelligent “top sellers” based on visitor behavior in real-time. Your site should adapt with every click a visitor makes. www.unbxd.com
20.
Challenge #2 -
Affinity? © Unbxd Software Private Ltd 2014. All rights reserved. How do we match visitor affinity to a specific category? Affinity may change over time or in real-time. SARAH First Time Visitor MELANIE Repeat Visitor AMY Loyal Customer www.unbxd.com
21.
Challenge #3 -
Geo-trends? © Unbxd Software Private Ltd 2014. All rights reserved. How quickly can we apply location filters to “top-sellers” to capitalize on local trends? www.unbxd.com
22.
Challenge #4 -
Signals? © Unbxd Software Private Ltd 2014. All rights reserved. How many signals can we track and what is the importance of each signal in determining relevant “top sellers”? www.unbxd.com
23.
Challenge #5 -
Catalog Changes? © Unbxd Software Private Ltd 2014. All rights reserved. “Top sellers” should be re- evaluated as soon as the catalog changes (within seconds) www.unbxd.com
24.
Challenge #6 -
Time Frame © Unbxd Software Private Ltd 2014. All rights reserved. What time frame do we use to determine “top sellers”? A week, month or season? www.unbxd.com
25.
Challenge #7 -
Tiebreaker © Unbxd Software Private Ltd 2014. All rights reserved. If two products have the same weightage for “top sellers”, which product shows up first? www.unbxd.com
26.
Challenge #8 -
How Many? © Unbxd Software Private Ltd 2014. All rights reserved. How many “top sellers” do you show on the home page? three, five, ten? Source: http://marketingland.com/fundamental-checklist-website-navigation-design-architecture-part-1-90743 www.unbxd.com
27.
Challenge #9 © Unbxd
Software Private Ltd 2014. All rights reserved. Let’s assume you have computed “top sellers” using the following assumptions www.unbxd.com
28.
Challenge #9 © Unbxd
Software Private Ltd 2014. All rights reserved. Let’s assume you have computed “top sellers” using the following assumptions 1. You are using sales for past three months www.unbxd.com
29.
Challenge #9 © Unbxd
Software Private Ltd 2014. All rights reserved. Let’s assume you have computed “top sellers” using the following assumptions 1. You are using sales for past three months 2. No two products have same sales, so no tiebreaker needed www.unbxd.com
30.
Challenge #9 © Unbxd
Software Private Ltd 2014. All rights reserved. Let’s assume you have computed “top sellers” using the following assumptions 1. You are using sales for past three months 2. No two products have same sales, so no tiebreaker needed 3. Show five “top selling” products from this analysis www.unbxd.com
31.
Challenge #9 © Unbxd
Software Private Ltd 2014. All rights reserved. A sample computation Rank $ Sales Product 1 10,000 A 2 5,000 B 3 3,333 C 4 2,500 D 5 2,000 E 6 1,667 F 7 1,429 G 8 1,250 H 9 1,111 I 10 1,000 J 11 909 K 12 833 L 13 769 M 14 714 N www.unbxd.com “Top Sellers”
32.
Challenge #9 © Unbxd
Software Private Ltd 2014. All rights reserved. TOP SELLERS Brands expect to see this... www.unbxd.com
33.
Challenge #9 © Unbxd
Software Private Ltd 2014. All rights reserved. Closer inspection reveals that top 10 products are all from the same category, so all five products shown will be from same category Rank $ Sales Product Category 1 10,000 A handbag 2 5,000 B handbag 3 3,333 C handbag 4 2,500 D handbag 5 2,000 E handbag 6 1,667 F handbag 7 1,429 G handbag 8 1,250 H handbag 9 1,111 I handbag 10 1,000 J handbag 11 909 K shoes 12 833 L dress 13 769 M tops 14 714 N jeans www.unbxd.com
34.
Challenge #9 © Unbxd
Software Private Ltd 2014. All rights reserved. TOP SELLERS In reality, brands will see this... www.unbxd.com
35.
What’s wrong with
that scenario? © Unbxd Software Private Ltd 2014. All rights reserved. www.unbxd.com
36.
Challenge #9 -
The Dilemma © Unbxd Software Private Ltd 2014. All rights reserved. Brands want visitors to discover “top selling” products across categories and not just from the best selling category www.unbxd.com
37.
Challenge #9 -
The Dilemma © Unbxd Software Private Ltd 2014. All rights reserved. Should you pick one product from each category? www.unbxd.com
38.
Challenge #9 -
The Dilemma © Unbxd Software Private Ltd 2014. All rights reserved. Should you pick one product from each category? But there isn’t enough space! www.unbxd.com
39.
Challenge #9 -
The Dilemma © Unbxd Software Private Ltd 2014. All rights reserved. Brands may give all categories equal importance BUT Visitors don’t give all categories equal importance www.unbxd.com
40.
Similar to homepage,
all visitors see the same category pages, regardless of who they are and where did they come from © Unbxd Software Private Ltd 2014. All rights reserved. Challenge #10 - Category Pages? www.unbxd.com
41.
Different visitors see
the same category pages as well WHY? © Unbxd Software Private Ltd 2014. All rights reserved. SARAH First Time Visitor MELANIE Repeat Visitor AMY Loyal Customer Header Category Banner Shirts Footer Header Category Banner Shirts Footer Header Category Banner Shirts Footer www.unbxd.com
42.
© Unbxd Software
Private Ltd 2014. All rights reserved. New products in a category also have won the banner space So can brands add top sellers below the banners? YOURSITE.com Shirts Category Page Header Category Banner Shirts Footer www.unbxd.com
43.
Again the answer
is “Yes” Determining category “top sellers”, is equally challenging © Unbxd Software Private Ltd 2014. All rights reserved. Challenge #10 - Category Pages? www.unbxd.com
44.
Brands need a modern,
machine-learning engine that strategically adapts in real-time to determine relevant “top sellers” © Unbxd Software Private Ltd 2014. All rights reserved. www.unbxd.com
45.
Find out more
about “top sellers” and other product recommendations that make your site more adaptive, please send an email to Monal Patel monal@unbxd.com © Unbxd Software Private Ltd 2014. All rights reserved. www.unbxd.com
46.
Next in the
Personalization series… Part 2 - “Related Products” Part 3 - “Recommended for you” Part 4 - “Cross-sell recommendations” Part 5 - “Exit Recommendations” Part 6 - “Email Recommendations” © Unbxd Software Private Ltd 2014. All rights reserved. www.unbxd.com
Editor's Notes
Is this a high priority problem? Seems like a micro issue
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