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IBM Software                                                                                                                       Retail
Case Study




                                                              eRetailer increases
                                                              cross sell conversions
                                                              by 51 percent
                                                              The eCommerce site for over 560 retail stores in the US with annual
               Overview                                       sales of over one billion dollars boosts sales and frees-up staff time with
                                                              automated product recommendations.
               Business challenge
               •	   Constrained resources and lack of data
                    prevented the company from                The challenge
                    expanding its cross sell                  Cross sell recommendations were being generated manually by a
                    recommendations to maximize sales         leading retailer’s online copy writers, using a home-grown tool. A
               Solution                                       limited number of products had associated cross sells, and they were
               •	   Coremetrics Intelligent Offer developed   based on common sense groupings such as dishes from the same
                    relevant offers, scaling the              pattern, or a matching blouse and skirt that created an outfit.
                    offer-generation process while
                    measuring and improving performance
                                                              Constrained resources and lack of data prevented the company from
                                                              expanding its cross sell recommendations to maximize sales.
               Benefits
               •	   Cross sell conversion increases
               •	   Trusted data drives decisions             The solution
                                                              The eCommerce team partnered with IBM® Coremetrics® largely
                                                              because of IBM Coremetrics Intelligent Offer, an automated, highly
                                                              configurable cross selling application. Coremetrics Intelligent Offer
                                                              develops relevant offers, scaling the offer-generation process while
                                                              measuring and improving performance. The company’s eCommerce
                                                              manager said, “We were able to implement Coremetrics Intelligent
                                                              Offer right out of the box. We put our rules in and then just let it run.
                                                              I don’t ever worry about it—it just produces sales.”
IBM Software                                                                                                                  Retail
Case Study




                                                         Cross sell conversion increases
                                                         Upon implementing IBM Coremetrics, online sales increased almost
           “It’s easy to pick the                        immediately, demonstrating a rapid, positive return on investment. A
            low-hanging fruit with                       Coremetrics Intelligent Offer session converts at a rate that is
            IBM Coremetrics. We’re                       51percent higher than the site average. The eCommerce team also
                                                         experienced intangible results, such as time savings for the staff that had
            making decisions quicker                     been manually generating cross sell offers. Additional product exposure
            than ever before, and                        is also proving to pay benefits.
            we’re making them based
                                                         Trusted data drives decisions
            on data we can rely on.”                     This eRetailer did not stop with its cross sell success. The eCommerce
                                                         team had lacked confidence in its prior online analytics, but with
               —Manager of eCommerce for Merchandisng	   accurate Coremetrics data available, the team turned its focus to paid
               and Analytics
                                                         search and site navigation. The result was a significant and immediate
                                                         sales increase. The company’s paid keywords expanded by nearly 10,000
                                                         within a year and the company has new insight into which page real
                                                         estate drives the most conversions.

                                                         Because the eCommerce team trusts the data it receives, this eRetailer
                                                         is making high impact decisions and reaping the rewards.
IBM Software                                                                                                               Retail
Case Study




                                                          For more information
               Solution components                        To learn more about IBM Coremetrics please contact your IBM
                                                          marketing representative or IBM Business Partner, or visit the
               Software
                                                          following website: ibm.com/software/marketing-solutions
               •	   IBM® Coremetrics® Web Analytics
               •	   IBM® Coremetrics® Intelligent Offer
© Copyright IBM Corporation 2011

IBM Corporation
Software Group
Route 100
Somers, NY 10589 U.S.A.

November 2011
All Rights Reserved

IBM, the IBM logo, ibm.com and Coremetrics are trademarks or registered
trademarks of International Business Machines Corporation in the United States,
other countries, or both. If these and other IBM trademarked terms are marked on
their first occurrence in this information with a trademark symbol (® or ™), these
symbols indicate U.S. registered or common law trademarks owned by IBM at the
time this information was published. Such trademarks may also be registered or
common law trademarks in other countries. A current list of IBM trademarks is
available on the web at “Copyright and trademark information” at
ibm.com/legal/copytrade.shtml

Other company, product and service names may be trademarks or service marks of
others.

         Please Recycle




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Case Study: eRetailer increases cross sell conversions by 51%

  • 1. IBM Software Retail Case Study eRetailer increases cross sell conversions by 51 percent The eCommerce site for over 560 retail stores in the US with annual Overview sales of over one billion dollars boosts sales and frees-up staff time with automated product recommendations. Business challenge • Constrained resources and lack of data prevented the company from The challenge expanding its cross sell Cross sell recommendations were being generated manually by a recommendations to maximize sales leading retailer’s online copy writers, using a home-grown tool. A Solution limited number of products had associated cross sells, and they were • Coremetrics Intelligent Offer developed based on common sense groupings such as dishes from the same relevant offers, scaling the pattern, or a matching blouse and skirt that created an outfit. offer-generation process while measuring and improving performance Constrained resources and lack of data prevented the company from expanding its cross sell recommendations to maximize sales. Benefits • Cross sell conversion increases • Trusted data drives decisions The solution The eCommerce team partnered with IBM® Coremetrics® largely because of IBM Coremetrics Intelligent Offer, an automated, highly configurable cross selling application. Coremetrics Intelligent Offer develops relevant offers, scaling the offer-generation process while measuring and improving performance. The company’s eCommerce manager said, “We were able to implement Coremetrics Intelligent Offer right out of the box. We put our rules in and then just let it run. I don’t ever worry about it—it just produces sales.”
  • 2. IBM Software Retail Case Study Cross sell conversion increases Upon implementing IBM Coremetrics, online sales increased almost “It’s easy to pick the immediately, demonstrating a rapid, positive return on investment. A low-hanging fruit with Coremetrics Intelligent Offer session converts at a rate that is IBM Coremetrics. We’re 51percent higher than the site average. The eCommerce team also experienced intangible results, such as time savings for the staff that had making decisions quicker been manually generating cross sell offers. Additional product exposure than ever before, and is also proving to pay benefits. we’re making them based Trusted data drives decisions on data we can rely on.” This eRetailer did not stop with its cross sell success. The eCommerce team had lacked confidence in its prior online analytics, but with —Manager of eCommerce for Merchandisng accurate Coremetrics data available, the team turned its focus to paid and Analytics search and site navigation. The result was a significant and immediate sales increase. The company’s paid keywords expanded by nearly 10,000 within a year and the company has new insight into which page real estate drives the most conversions. Because the eCommerce team trusts the data it receives, this eRetailer is making high impact decisions and reaping the rewards.
  • 3. IBM Software Retail Case Study For more information Solution components To learn more about IBM Coremetrics please contact your IBM marketing representative or IBM Business Partner, or visit the Software following website: ibm.com/software/marketing-solutions • IBM® Coremetrics® Web Analytics • IBM® Coremetrics® Intelligent Offer
  • 4. © Copyright IBM Corporation 2011 IBM Corporation Software Group Route 100 Somers, NY 10589 U.S.A. November 2011 All Rights Reserved IBM, the IBM logo, ibm.com and Coremetrics are trademarks or registered trademarks of International Business Machines Corporation in the United States, other countries, or both. If these and other IBM trademarked terms are marked on their first occurrence in this information with a trademark symbol (® or ™), these symbols indicate U.S. registered or common law trademarks owned by IBM at the time this information was published. Such trademarks may also be registered or common law trademarks in other countries. A current list of IBM trademarks is available on the web at “Copyright and trademark information” at ibm.com/legal/copytrade.shtml Other company, product and service names may be trademarks or service marks of others. Please Recycle ZZC03050-USEN-00