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TigerGraph for eCommerce
Increasing Revenue & Customer Loyalty With A Real-Time Product Recommendation
Engine
© 2018 TigerGraph. All Rights Reserved
Speaking Today
2
Gaurav Deshpande
Vice President of Marketing
TigerGraph
gaurav@tigergraph.com, +1 510 388 2360
Big Data Analytics Veteran
© 2018 TigerGraph. All Rights Reserved
Agenda
3
”Amazonification” of Retail & Stories of 3 retailers who
compete with and win against Amazon
3
2
1
4
Addressing eCommerce personalization
in Real-Time with Deep Link Analytics
Addressing personalization –
Traditional Approach
TigerGraph delivers the world’s fastest and most
scalable graph analytics platform for eCommerce
© 2018 TigerGraph. All Rights Reserved 4
The Networked
Age
Data Never Sleeps
Internet of things
BIG Data
Social Networks
4
© 2018 TigerGraph. All Rights Reserved
Amazonification Cometh
5
Amazon grabbed 4% of all US Retail sales in 2017
Amazon had 44% of all U. S. eCommerce
sales in 2017
• Luxury beauty (up 47%)
• Grocery (up 33%)
Google narrows search gap with Amazon, Dec 2017
49% of online shoppers visit Amazon first
when searching for products
Fastest growing categories
• Pantry items (up 38%)
• Furniture (up 33%)One Click Retail 2017 Survey
© 2018 TigerGraph. All Rights Reserved
Fighting the Amazonification – What Works
• Customer Intimacy and
community
• Immersive personalized
shopping experience for
higher engagement
• Personalized curation for
the target buyer
6
© 2018 TigerGraph. All Rights Reserved
Decoding The Magic of Lululemon
7
Can you Guess which pants cost $118 and which cost $11.99?
© 2018 TigerGraph. All Rights Reserved
Decoding The Magic of Lululemon
8
$11.99 – Forever 21 $118 – Lululemon
• Understanding the
customer
• Immediate needs
• Interests & Preferences
• Values & Drivers
• Tailoring the
experience
• In-store and online
• Building the
community and brand
• Yoga classes every
Sunday morning
• Ambassador program
© 2018 TigerGraph. All Rights Reserved
Taking a Tip From Poshmark – Building Stickiness
One Click/Voice Command At a Time
9
• Understanding the customer
• Browsing, search and order history à
Fashion Style Profile
• Tailoring the experience
• Start with the Why – Why is customer here
and how can we get her the right outfit
that matches her style & occasion
• Make it more convenient with Amazon
Alexa
• Choose one of the 9 Themes (date night,
casual weekend, cocktail party etc.)
• Match shopper style and size with 6
sellers
• Sellers create and place outfits in virtual
dressing room
• Shopper reviews outfits and makes the
purchase
© 2018 TigerGraph. All Rights Reserved
Wish.com - Competing and Winning Against
Amazon on Their Own Turf
10
• Sixth largest eCommerce retailers in
the world
• Billions in revenue in just 3 years since
launch in 2011
• 300 million users across the world –
from Russia to Brazil to the United
States
• Understanding the customer
• Browsing, search and order history,
Likes, Reviews, Location, Device… ->
Real-time 360 Customer Profile
• Tailoring the experience
• Started as an app where people
make a wish list, and vendors provide
products to match
• Understand immediate need, present
additional product recommendations
based on interests and preferences
© 2018 TigerGraph. All Rights Reserved
Traditional Approach for Recommendation
• Product Likeness
• Category
• Application/Utility
• Substitution
• Complementary
• Customer Likeness
• Purchases by
other customers
who bought the
item
11
Fidget Spinner
© 2018 TigerGraph. All Rights Reserved 12
Likes and Reviews
Search
History
Browsing
History
Order
History
Channel
Interaction
History
Demographic Device
Location
Interests
Preferences
Network
Needs
Values
Drivers
Real-Time
Customer 360
Profile
New Approach: Recommendations Based on a Real-
Time Customer 360 Profile
© 2018 TigerGraph. All Rights Reserved 13
Ecommerce Real-Time Personalized Recommendation
Recommendations change in real time as Recommendation Graph is updated and Customer’s journey evolves.
Person A Person C
Shops at Store Y
Bought item X online
from Store Y
Knows/likes/follows B B commented (to C)
Person B
C (also) shops at store Y
Is located at Z
Item X is stored
at Warehouse W
Item X has
tag/feature F
Customer
Visit Click Path
Would you like…?
B likes hobby H
Real-Time
Customer
360 Graph
Real-Time
Product
Graph
Real-time Recommendation Graph =
+
© 2018 TigerGraph. All Rights Reserved
Putting it all Together – Real-Time Product
Recommendation Engine Personalized for Target Buyer
14
Asked a question
about light up toys
Gaurav
John
Browsing &
Search history
Order history
San Francisco
Device
used
Effort/DIY
Sensory
Interests
Superheroes
Variety
Preferences
Convenience
© 2018 TigerGraph. All Rights Reserved 15
Graphs – The Natural Model for
Interconnected Data
• Natural storage model for
modeling data and its
interconnections or
relationships
• Natural model for many
types of transactions
• Natural computational
model for
knowledge/inference/
learning – chaining and
combining observations
© 2018 TigerGraph. All Rights Reserved
The Why: Mission Statement
16
Unleash the power of interconnected data
for deeper insights and better outcomes
© 2018 TigerGraph. All Rights Reserved 17
Native Graph Storage
Parallel Loading
Parallel Multi-Hop Analytics
Parallel Updates
(in real-time)
Scale up to Support Query
Volume
Privacy for Sensitive Data
Graph 1.0
Example – Neo4j
Graph 2.0
Example - DataStax
Graph 3.0
TigerGraph
Hours to load
terabytes
Sub-second
across 3-10+
hops
Mutable/
Transactional
2 billion+ per day
in production
Runs out of
time/memory
after 3+ hops
Scales for simple
queries (1-2 hops)
Times out
after 3+ hops
Days to load
Evolution of Graph
Databases
Days to load
MultiGraph
service
Download the benchark at - https://info.tigergraph.com/benchmark
© 2018 TigerGraph. All Rights Reserved
Delivering Complex Big Data Analytics with
TigerGraph
18
Transactional (Mutable) Graph
Hundreds of thousands of updates per
second, Billions of transactions per day
Ease of Development & Deployment
Easy to use query language (GSQL) for developing &
deploying complex analytics in days with RESTful APIs
Privacy for Sensitive Data
Control access to sensitive data based on
user role, department or organization
Real-time Performance
Sub-second response for queries touching tens
of millions of entities/relationships
Scalability for Massive Datasets
100 B+ entities, 1 Trillion+ relationships
Deep Link Multi-Hop Analytics
Queries traverse 3 to 10+ hops deep into the
graph performing complex calculations
© 2018 TigerGraph. All Rights Reserved
Real-Time Graph Analytics Platform
19
© 2018 TigerGraph. All Rights Reserved
Customers
20
#1 e-payment company in the world,
100M daily active users
#1 US payment company
#1 Mobile E-commerce
#1 Mobile global supply-chain
#1 Power-Grid company in the world
the largest transaction graph in
production in the world (100B+ vertices,
2B+ daily real time update)
Business Graph
E-commerce
Supply-chain logistics
Electrical Power Grid
#1 world ride sharing Risk and Compliance
© 2018 TigerGraph. All Rights Reserved
Learn More about TigerGraph
• Download the TigerGraph for eCommerce
solution brief
https://www.tigergraph.com/resources/
• Read the benchmark report comparing
TigerGraph with older generation graph
solutions -
https://info.tigergraph.com/benchmark
• See TigerGraph in action – take the two week
free trial for full enterprise edition:
https://www.tigergraph.com/try-tigergraph/
21

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Increasing Revenue and Loyalty with Real-Time Product Recommendation

  • 1. TigerGraph for eCommerce Increasing Revenue & Customer Loyalty With A Real-Time Product Recommendation Engine
  • 2. © 2018 TigerGraph. All Rights Reserved Speaking Today 2 Gaurav Deshpande Vice President of Marketing TigerGraph gaurav@tigergraph.com, +1 510 388 2360 Big Data Analytics Veteran
  • 3. © 2018 TigerGraph. All Rights Reserved Agenda 3 ”Amazonification” of Retail & Stories of 3 retailers who compete with and win against Amazon 3 2 1 4 Addressing eCommerce personalization in Real-Time with Deep Link Analytics Addressing personalization – Traditional Approach TigerGraph delivers the world’s fastest and most scalable graph analytics platform for eCommerce
  • 4. © 2018 TigerGraph. All Rights Reserved 4 The Networked Age Data Never Sleeps Internet of things BIG Data Social Networks 4
  • 5. © 2018 TigerGraph. All Rights Reserved Amazonification Cometh 5 Amazon grabbed 4% of all US Retail sales in 2017 Amazon had 44% of all U. S. eCommerce sales in 2017 • Luxury beauty (up 47%) • Grocery (up 33%) Google narrows search gap with Amazon, Dec 2017 49% of online shoppers visit Amazon first when searching for products Fastest growing categories • Pantry items (up 38%) • Furniture (up 33%)One Click Retail 2017 Survey
  • 6. © 2018 TigerGraph. All Rights Reserved Fighting the Amazonification – What Works • Customer Intimacy and community • Immersive personalized shopping experience for higher engagement • Personalized curation for the target buyer 6
  • 7. © 2018 TigerGraph. All Rights Reserved Decoding The Magic of Lululemon 7 Can you Guess which pants cost $118 and which cost $11.99?
  • 8. © 2018 TigerGraph. All Rights Reserved Decoding The Magic of Lululemon 8 $11.99 – Forever 21 $118 – Lululemon • Understanding the customer • Immediate needs • Interests & Preferences • Values & Drivers • Tailoring the experience • In-store and online • Building the community and brand • Yoga classes every Sunday morning • Ambassador program
  • 9. © 2018 TigerGraph. All Rights Reserved Taking a Tip From Poshmark – Building Stickiness One Click/Voice Command At a Time 9 • Understanding the customer • Browsing, search and order history à Fashion Style Profile • Tailoring the experience • Start with the Why – Why is customer here and how can we get her the right outfit that matches her style & occasion • Make it more convenient with Amazon Alexa • Choose one of the 9 Themes (date night, casual weekend, cocktail party etc.) • Match shopper style and size with 6 sellers • Sellers create and place outfits in virtual dressing room • Shopper reviews outfits and makes the purchase
  • 10. © 2018 TigerGraph. All Rights Reserved Wish.com - Competing and Winning Against Amazon on Their Own Turf 10 • Sixth largest eCommerce retailers in the world • Billions in revenue in just 3 years since launch in 2011 • 300 million users across the world – from Russia to Brazil to the United States • Understanding the customer • Browsing, search and order history, Likes, Reviews, Location, Device… -> Real-time 360 Customer Profile • Tailoring the experience • Started as an app where people make a wish list, and vendors provide products to match • Understand immediate need, present additional product recommendations based on interests and preferences
  • 11. © 2018 TigerGraph. All Rights Reserved Traditional Approach for Recommendation • Product Likeness • Category • Application/Utility • Substitution • Complementary • Customer Likeness • Purchases by other customers who bought the item 11 Fidget Spinner
  • 12. © 2018 TigerGraph. All Rights Reserved 12 Likes and Reviews Search History Browsing History Order History Channel Interaction History Demographic Device Location Interests Preferences Network Needs Values Drivers Real-Time Customer 360 Profile New Approach: Recommendations Based on a Real- Time Customer 360 Profile
  • 13. © 2018 TigerGraph. All Rights Reserved 13 Ecommerce Real-Time Personalized Recommendation Recommendations change in real time as Recommendation Graph is updated and Customer’s journey evolves. Person A Person C Shops at Store Y Bought item X online from Store Y Knows/likes/follows B B commented (to C) Person B C (also) shops at store Y Is located at Z Item X is stored at Warehouse W Item X has tag/feature F Customer Visit Click Path Would you like…? B likes hobby H Real-Time Customer 360 Graph Real-Time Product Graph Real-time Recommendation Graph = +
  • 14. © 2018 TigerGraph. All Rights Reserved Putting it all Together – Real-Time Product Recommendation Engine Personalized for Target Buyer 14 Asked a question about light up toys Gaurav John Browsing & Search history Order history San Francisco Device used Effort/DIY Sensory Interests Superheroes Variety Preferences Convenience
  • 15. © 2018 TigerGraph. All Rights Reserved 15 Graphs – The Natural Model for Interconnected Data • Natural storage model for modeling data and its interconnections or relationships • Natural model for many types of transactions • Natural computational model for knowledge/inference/ learning – chaining and combining observations
  • 16. © 2018 TigerGraph. All Rights Reserved The Why: Mission Statement 16 Unleash the power of interconnected data for deeper insights and better outcomes
  • 17. © 2018 TigerGraph. All Rights Reserved 17 Native Graph Storage Parallel Loading Parallel Multi-Hop Analytics Parallel Updates (in real-time) Scale up to Support Query Volume Privacy for Sensitive Data Graph 1.0 Example – Neo4j Graph 2.0 Example - DataStax Graph 3.0 TigerGraph Hours to load terabytes Sub-second across 3-10+ hops Mutable/ Transactional 2 billion+ per day in production Runs out of time/memory after 3+ hops Scales for simple queries (1-2 hops) Times out after 3+ hops Days to load Evolution of Graph Databases Days to load MultiGraph service Download the benchark at - https://info.tigergraph.com/benchmark
  • 18. © 2018 TigerGraph. All Rights Reserved Delivering Complex Big Data Analytics with TigerGraph 18 Transactional (Mutable) Graph Hundreds of thousands of updates per second, Billions of transactions per day Ease of Development & Deployment Easy to use query language (GSQL) for developing & deploying complex analytics in days with RESTful APIs Privacy for Sensitive Data Control access to sensitive data based on user role, department or organization Real-time Performance Sub-second response for queries touching tens of millions of entities/relationships Scalability for Massive Datasets 100 B+ entities, 1 Trillion+ relationships Deep Link Multi-Hop Analytics Queries traverse 3 to 10+ hops deep into the graph performing complex calculations
  • 19. © 2018 TigerGraph. All Rights Reserved Real-Time Graph Analytics Platform 19
  • 20. © 2018 TigerGraph. All Rights Reserved Customers 20 #1 e-payment company in the world, 100M daily active users #1 US payment company #1 Mobile E-commerce #1 Mobile global supply-chain #1 Power-Grid company in the world the largest transaction graph in production in the world (100B+ vertices, 2B+ daily real time update) Business Graph E-commerce Supply-chain logistics Electrical Power Grid #1 world ride sharing Risk and Compliance
  • 21. © 2018 TigerGraph. All Rights Reserved Learn More about TigerGraph • Download the TigerGraph for eCommerce solution brief https://www.tigergraph.com/resources/ • Read the benchmark report comparing TigerGraph with older generation graph solutions - https://info.tigergraph.com/benchmark • See TigerGraph in action – take the two week free trial for full enterprise edition: https://www.tigergraph.com/try-tigergraph/ 21