Personalization and its application in online shopping
People around us are diverse in their thoughts and interests. Everybody has a unique preference and this applies to online shoppers as well. Serving each person according to their preferences and interests is called personalization.
eCommerce Site Personalization is the ability of the system to display unique products to each visitor based on their interest at the store. The system records the actions of each visitor and delivers tailor-made results to each visitor. Although personalized merchandising is widely used in fashion retail, it also works well in other eCommerce verticals with large catalogs & purchases are made within a few visits. Personalization reduces time to discovery & improves visitor engagement.
The most popular personalization channels at an online store are across ‘Recommendations’, ‘Site Search’ and ‘My Store’.
These product recommendation carousels are unique for each visitor based on their browsing history. They can be grouped into a single carousel or segmented by product type based on merchant requirements.
(Single carousel recommendation widget that displays personalized results)
(Multiple carousel recommendation widgets that display personalized results)
The conversion percentage of visitors who search is 2X greater than the visitors who browse through the store. Visitors on mobile, have a higher inclination to search, as it reduces the time to discover products. Hence personalizing the search results have provided great improvements in conversion rates for leading retailers.
Search results personalized for visitor A Search results personalized for visitor B
Tagalys personalizes the search results by collecting & analyzing click-stream data by visitor and sorts results by products of interest that are specific to visitors.
Almost every human that has shopped online, might have come across Amazon’s personal Store for its users.
(Amazon’s My Store)
‘My Store’ is an end to end completely personalized space that displays personalized product listing pages by the interest of the visitors. The products in ‘My Store’ are based on the visitor’s shopping interest. Online visitors who enter “My Store” convert at a 3X higher rate than Search. My store, eases the product discovery process, ensuring only products relevant to the visitor’s interest are visible.
‘My Store’ is also available to merchants using Shopify or Magento from Tagalys.
Tagalys maximizes conversion rate & gives merchants visual control of products displayed in Site Search & Category pages and Product Recommendations in eCommerce. To know more about our solutions and features, get in touch with us now.