Scadea’s Machine Learning Solutions Help Retailer Improve Personalized Recommendations and Boost Sales
Challenge:
A leading fashion retailer was struggling to provide personalized product recommendations to its customers. Their existing recommendation engine was generic and not taking into account user behavior, preferences, or past purchases. As a result, customers were receiving recommendations that did not match their interests, leading to reduced sales and a decrease in customer satisfaction.
Solution:
Scadea’s team of machine learning experts implemented a recommendation engine powered by artificial intelligence and trained on the retailer’s data. The engine uses natural language processing techniques to understand customer behavior, preferences, and purchase history to provide personalized product recommendations. The team also built a chatbot that assists customers with their purchases and answers frequently asked questions.
Results:
After implementing Scadea’s solution, the retailer saw a significant improvement in customer satisfaction and sales. The new recommendation engine increased click-through rates by 25%, and the chatbot helped reduce the average time to complete a purchase by 20%. The retailer also saw an increase in average order value, with customers more likely to purchase multiple items from personalized recommendations.
Key Takeaways:
Machine learning can be a powerful tool for improving personalized recommendations and enhancing the customer experience in the retail and e-commerce industry. Natural language processing techniques can help identify patterns and behavior in customer data that can be used to improve recommendations. Chatbots can assist customers and reduce the time it takes to complete a purchase, improving the overall customer experience.