Page 32 - How Top Merchants Create the Best Customer Experience
P. 32

SPONSORED ARTICLE



                                                           An executive conversation
                                                                     with Josh Kinzer,
                                                       vice president of composable
                                                             solutions sales, Sitecore
        Combining people, processes and
        technology around the customer
        creates a unique experience





        Online shoppers expect immediate access to what they want   successful retailers offer a wide range of available products
        when they want it, wherever they want it. Their expectations   across various categories.
        have shifted toward experiences with the fewest clicks to
        discover, learn and add products to the cart. They want to find   They are also often challenged to offer personalized experiences
        products quickly and have lost interest in casual browsing.   that leverage machine learning, which helps expose low-turn
        Digital Commerce 360 spoke with Josh Kinzer, vice president of   products and promotional offers to the right buyers at the right
        composable solutions sales at Sitecore, to discuss why retailers   time — driving higher conversion rates and reduced inventory.
        must understand a shopper’s intent. Kinzer also shared why   This helps retailers affordably maintain wide product selections
        suggesting products that align closely with a shopper’s affinities   that are properly balanced for profitability and demand.
        in real-time has become essential to merchandising success.
                                                              What strategies should they implement to
        What are some important trends around                 improve customer experiences?
        ecommerce customer experience?                        Retailers should focus on the personalized digital experience.
        Putting retail and omnichannel together is critical. If a retailer   They should ensure their strategy encapsulates  the essence
        isn’t effectively selling across channels, they’re leaving a   of their brand — putting the customer at the center and using
        lot of money on the table and putting their core business at   technology to bring their brand and unique go-to-market edge
        risk. According to a joint study conducted by Google, Ipsos,   to life. The technology needs to be flexible at scale.
        MediaCT, and Sterling Brands, customers that buy from a retailer
        through multiple channels are between 15% and 30% more   The common denominators for retail success are omnichannel,
        profitable to that retailer.                          personalized experiences and customer data. There are many
                                                              different data sources, and they need the ability to aggregate
        Retailers need to look at what they’re doing well in-store and   and access that data. Retailers  should have an open, technical
        pull that into their digital channels, and vice versa. They need   framework that can capture the nuance of their customer-first
        to create as strong of a digital experience as an in-person   strategy in a consistent and easy-to-use delivery.
        experience; just like a salesperson knows where to direct you in
        the store, the online shopping experience should do the same.   How can they put these strategies and
                                                              technology into play?
        What are retailers’ biggest challenges                Retailers can partner with a technology provider, such as
        when trying to provide great customer                 Sitecore, that helps companies go omnichannel. Sitecore’s
        experiences?                                          approach combines people, processes, and technology around
        Retailers need to figure out how to build loyalty. Retaining   the customer to create a unique experience. We help brands
        stickiness once a customer leaves an online store is a big   fulfill customers’ needs in real time and move them to buy
        challenge. Also, many retailers don’t have an accurate picture   more. Sitecore builds flexible frameworks at scale to bring
        of their customers in real-time, making it difficult to understand   brands and their strategies to life.
        and accurately respond to what they’re searching for.


        Some retailers struggle to provide the products their customers
        want and have the necessary level of suppliers and supplier
        management to accommodate those potential orders. The most
   27   28   29   30   31   32   33   34   35   36   37