Retail Technology – Sweaty Betty embraces personalisation

Women’s retailer integrates customer feedback as part of strategy to deliver comprehensive product information and a personalised online shopping experience Sweaty Betty recently revealed it has selected RichRelevance to deliver dynamic e-commerce personalisation for its customers online, to drive sales and increase customer engagement.

By integrating RichRelevance’s personalisation technology online, the women’s boutique activewear retailer will be able to cross reference shopping behaviour with data on fitness wear products, the type of activity products are best suited to, brands available and product specifications to create a more customer-centric user experience.

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Retail Systems – UK leads the way in personalisation

The UK leads the rest of Europe in the adoption and usage of personalisation technology when shopping online, according to a study released by IDC and RichRelevance.

The study, which surveyed 1,000 consumers in the UK, Germany and France, investigated how shoppers utilise personalised services in their purchasing choices and online shopping habits. Personalisation is most advanced in the UK, with 53 per cent citing personalised product recommendations as clearly relevant to their purchasing habits compared to four in 10 shoppers in Germany and France.

Not only do recommendations fuel greater spend, they also drive repeat visits. The highest online spenders are also the most likely to respond well to recommendations. Forty per cent of those spending over €600 buy a recommended product. In the UK 26 per cent of consumers also said that recommendations would make them more likely to shop at the same retailer again.

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Retail Times – Consumers rely on personalised recommendations when shopping online, study finds

The UK leads the rest of Europe in the adoption and usage of personalisation technology when shopping online, according to a study released today by IDC and RichRelevance.

The study, which surveyed 1,000 consumers in the UK, Germany and France, investigated how shoppers utilise personalised services in their purchasing choices and online shopping habits. Significantly, personalisation is most advanced in the UK, with the majority of Britons (53%) citing personalised product recommendations as clearly relevant to their purchasing habits compared to four in ten shoppers in Germany and France.

Not only do recommendations fuel greater spend, they also drive repeat visits. The highest online spenders are also the most likely to respond well to recommendations. Forty percent of those spending over €600 buy a recommended product. In the UK, over a quarter (26%) of consumers also said that recommendations would make them more likely to shop at the same retailer again.

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Internet Retailer — Retailers boost sales with increasingly sophisticated recommendations that are tailored to individual shoppers

As soon as a shopper lands at BuildABear.com, the site’s recommendation engine technology has a sense of who the shopper is. It knows how she landed on the site, what device she’s viewing the site on, where she’s located, whether she’s visited the site before and, if she has, what she has looked at and bought. With each click through the site, the engine presents her with suggestions based on its insights into the shopper and what similar consumers typically buy, says Bryan Sawyer, the retailer’s e-commerce director.

While the retailer had used a product recommendation engine for years, it was only in June, when it began working with RichRelevance Inc.‘s recommendation technology to dig deeper into individual shopper’s characteristics that the retailer began seeing significant results from its suggestions, Sawyer says. Since then Build-A-Bear Workshop Inc. has posted strong “double-digit” sales growth online thanks largely to BuildABear.com doing a better job upselling and cross-selling merchandise, he says. And since June the retailer’s web site has outperformed its stores in terms of the ratio of shoes sold per stuffed animal sold, a key metric the retailer regularly tracks.

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Huffington Post – Using Mobile Technology to Reinvent the Human Touch in Retail

With 96 mobile subscribers for every 100 people on the planet, the uptake of smart mobile devices by generations X and Y has led to the widespread assumption that all efforts involved in reaching these ‘digital natives’ should be directly channeled through mobile tech. But the dramatic increase in the role that mobile technology plays in our lives has also given rise to concern that diminished face-to-face interaction will contribute to increased social isolation.

Mobile technology shouldn’t be about eliminating human interaction in our everyday lives; instead, it should be about enhancing human resources and relationships. The retail industry is at the forefront of innovating technology that caters to society’s changing patterns of behaviour, and for good reason. Research by John Lewis shows that mobile now accounts for more than 40% of traffic to johnlewis.com, with traffic up over 115%, year on year…

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Biz Journals – 4 former Amazon employees on what it's like working for Jeff Bezos

Uncomfortable. Adversarial. A Darwinian struggle for survival.

These are all terms used to describe Amazon CEO Jeff Bezos’ relationship with his staff, according to four former Amazonians who have branched off from the e-commerce giant to start their own businesses.

Dave CotterDave SelingerNadia Shouraboura and Kristina Wallender joined Bloomberg writer Brad Stone (author of “The Everything Store: Jeff Bezos and the Age of Amazon”) at a Churchill Club event Thursday to discuss what they had each learned from Amazon’s unique corporate culture and Bezos’ management style.

The panelists all agreed that Bezos’ demanding attitude and “maniacal focus on the right answer” have helped the company grow to a $150 billion business whose stock continues to surge despite posting losses in several quarters.

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Sweaty Betty ups its game to deliver personalised shopping experience for customers

Sweaty Betty customers to benefit from meaningful product recommendations when shopping online, powered by RichRelevance

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Advertising Age – At DMA 2013: 'Mad Men' vs. 'Math Men'

Chicago—Marketing creatives and their data scientist colleagues had a meeting of the minds today at the Direct Marketing Association’s annual conference and expo here. A panel representing the two groups discussed the tension that exists between them and agreed that coordinating their talents would pay off in better-performing campaigns.

“There is a tension between the “Mad Men’ and the “Math Men’; both camps have a passion about the customer but have different approaches,” said Doug Bryan, principal sales engineer at marketing personalization company RichRelevance Inc.

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