TORONTO --
(BUSINESS WIRE)-- As the eCommerce holiday shopping officially
kicks off this week with Amazon Prime Days,
GroupBy, a SaaS-based eCommerce product discovery technology leader, published an
infographic outlining how retailers can maximize sales with next-gen search.
Online holiday sales are projected to reach $235.86 billion this year,
with
half coming from mobile devices, according to Adobe. The customer experience is critical to
maximizing the holiday shopping season, regardless of where or how consumers are shopping –
in-store,
online or buying online and picking up in-store.
Starting with Search
A website's search function is one of the most significant online revenue
sources.
Poor search experiences account for $300 billion in lost revenue in the
U.S.
each year, with three out of four consumers leaving a site for a competitor after an unsuccessful
search, according to Google. When selecting a site search partner, the essential features to
look for
include:
- AI-powered product discovery solution built using state-of-the-art AI algorithms.
- Hyper-personalization that leverages Al, real-time data, and connects in-store and online user
profiles to deliver more relevant results.
- Scalable omnichannel functionality that enables store/zip code level search across platforms and
devices, while supporting all fulfillment types.
- Merchandising platform that is optimized for revenue, increases productivity and empowers
merchandising teams to make data-driven decisions with actionable insights.
GroupBy's Product Discovery Platform powered by Google Cloud Vertex AI Search for Retail
taps into Google's years of experience delivering personalized content across flagship properties such
as Google Search, Google Shopping and YouTube. Gain access to Search, Recommendations, Data Enrichment,
Merchandising and Reporting & Analytics directly within a single platform.
About GroupBy Inc.
GroupBy's cloud-native SaaS technology powers the world's most relevant and highly
converting
eCommerce websites. Our composable Product Discovery Platform powered by Google Cloud Vertex AI Search for Retail,
provides industry-leading features for data enrichment, search, recommendations, navigation,
personalization, merchandising and search analytics. GroupBy's next-generation search and
recommendations platform creates seamless eCommerce experiences optimized for your business
outcomes, including revenue, margin, and profit. We excel with complex, large-scale B2B
configurations and in dynamic, high volume B2C scenarios. Founded in 2013, GroupBy is headquartered
in Toronto, Canada and has offices in Austin, Texas.