Creating the Ideal Customer Experience-- Without Giving Up Control
1. Create the Ideal Customer Experience—
Without Giving Up Control
Peter Curran
Cirrus10
Justin Sears
Lucidworks
April 10, 2019
2. 36% of US online
adults believe that
retailers should offer them
more personalized
experiences.
FORRESTER, JANUARY 2018
Sellers that
personalize customer
experience see greater
levels of customer
engagement and higher
retention.
GARTNER, JULY 2018
Retailers of all stripes
need to provide
something that Amazon
can’t: high-quality,
human-touch customer
service...
FAST COMPANY, JUNE 2018
3.
4.
5.
6.
7. Only a few companies have made
significant investments in AI
10. personalized to
meet needs of each
unique buyer
any format, any platform
advanced connectors and AI enrichment,
surfaced by one or more applications via App Studio
App StudioAI
System Generated
Human Generated
Application
Generated
AI
Fusion
Data
Solution
Digital Commerce
12. • Proudly built with Apache Solr
& Apache Spark
• Hyper-personalized with
applied machine learning
• Proven at scale on the world’s
biggest eCommerce websites
13. The Ideal Online
Shopping Experience
• Curated by ecommerce experts
• Personalized for the shopper
• Optimized with machine learning
14. Assortment Expansion & Marketplaces
12% of major retailers operate marketplaces
32% are considering launching a marketplace
50% of Amazon’s assortment is from 3rd parties
Amazon is only the world’s 3rd largest marketplace behind Taobao and Tmall
Amazon’s marketplace is more than 3 times larger than Ebay’s
86% of retailers say it is crucial to own the customer transaction
Best Buy & Wal-Mart doubled their Canadian assortments with marketplaces
15. “The digital and brand teams working together
continue to research and test new ways to
enhance the digital experience. For example,
this month, both the Urban and Anthro
brands launched their new online
marketplace. This exciting new feature enables
a curated assortment of third party sellers to list
and sell merchandise on our brand websites.
After a thorough test period, each brand
plans to expand its marketplace to include
complimentary brands, products and
services with a goal of expanding the
online assortment offered to the customer
and increasing site traffic.”
Q1 Earnings Call FY 2019
30. We’ve seen dramatic bumps in
conversion rates and, overall,some of
those key successmetrics for
transactionalrevenue within an order
ofmagnitude of a 50% increasesince
the migration.
—MARC DESORMEAU
Senior Manager, Digital Customer Experience, Lenovo
32. 230 CUSTOMERS ACROSS
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COMPANY FOR
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OFFICES IN
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33. ~50 ~100
OFFICES IN
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