The 15 Minute Breakdown: 2024 Beauty Marketing Study
Personalization - Use cases for enabling customer experience and ROI
1. Presented by: Meyar Sheik, CEO & Co-Founder | Certona
Personalization – Use Cases for Enabling
Customer Experience and ROI
2. 14YEARS
In Marketplace
(Est. 2004)
100BILLION
Personalized Experiences
Served Per Month
Over 600+ eCommerce Sites Across 70+ Countries
IN REAL-TIME
$6.4BILLION
Generated for Clients
In 2017
30OF
THE TOP IR
100 Retailers
by
16OF
THE TOP IR
Category Retail Leaders
10
YEARS
Consecutive
#1 PERSONALIZATION
PROVIDER
COMPANY OVERVIEW
3. Certona is a Leader.
The company is a longtime personalization
technology provider to large retailers and other
consumer brands with a digital commerce
presence. Certona’s Personalized Experience
Management Platform is a cloud-based offering
that supports more than 600 brands across more
than 70 countries. Global B2C marketers seeking
digital commerce personalization should
consider Certona.
Magic Quadrant for Personalization Engines
4. ABOUT MEYAR SHEIK
• CEO & Co-founder of Certona
• Over 18 years of SaaS experience
• Pioneer in Real-Time Web Analytics
• Pioneer in Real-Time Omnichannel Personalization
• 1st to Use AI-based Real-Time Personalization for
eCommerce back in 2004
• Member, Shop.org Board of Directors, and NRF
Digital Council, and Associate Member Council
7. CERTONA AI & MACHINE LEARNING PATENTS
Patent Number Description Status
US 8,566,256
Universal system and method for representing and predicting human
behavior
Issued
US 8,788,445
System and method for quantifying and detecting non-normative
behavior
Issued
US 8,903,811 System and method for personalized search Issued
US 9,094,262
Fault tolerance and maintaining service response under unanticipated
load conditions
Issued
US 9,147,159 Extracting predictive segments from sampled data Issued
US 9,317,584 Keyword index pruning Issued
US 9,697,478
System and method for generating automated self-optimizing targeted
e-mails
Issued
US 9,916,611 System and method for collecting and targeting visitor behavior Issued
12/416083 System and method for combining and optimizing business strategies Pending
12/416524
System and method for automating market analysis from anonymous
behavior profiles
Pending
13/731071 Recommending repeated transactions Pending
14/868387 Extracting predictive segments from sampled data (CIP) Pending
Patented solutions that leverage
AI, predictive analytics, neural
networks and machine learning.
10. $2.5TRILLION
Retailers Lost
Globally in 2017
due to poor personalization
and a lack of trust
Source: https://retail.emarketer.com/article/price-of-personalization-failure-756-billion/5a2719bbebd4000570c897f5
11. 50%of U.S. consumers said they
stopped purchasing from
certain retailers due to poor
customer experience.
Source: https://retail.emarketer.com/article/price-of-personalization-failure-756-billion/5a2719bbebd4000570c897f5
12. 41%U.S. consumers said they
ditched a retailer because of
“poor personalization and
lack of trust.”
Source: https://retail.emarketer.com/article/price-of-personalization-failure-756-billion/5a2719bbebd4000570c897f5
13. Retailers report that successfully
implementing personalization can
increase revenue by as much as 7.6%.
Source: Art & Science of PersonalizationSource: RIS “Closing Big Gaps in Personalization” Report
14. In fact, just 4% of retailers rank their
omnichannel maturity level for executing
personalization initiatives and campaigns as
high, and a shocking 54% rate it as low.
Source: Art & Science of Personalization
15. 76% of retailers named personalization capabilities as
either important or extremely important to their
organization’s business model
Source: Art & Science of PersonalizationSource: RIS “Closing Big Gaps in Personalization” Report
17. Personalized Email & Retargeting Campaigns
Optimized Google Paid Search Campaigns
B2B Segment and Persona Based Experiences
ADVANCED TACTICS FOR PERSONALZING THE
CUSTOMER EXPERIENCE
Visual Navigation Experience
Geo + Weather Driven Content Experiences
Visual Search Suggestions
Personalized Suggestions for No Search Results
Personalized Category Listing Pages
Quick View Overlay
18. LAMPS PLUS: LANDING PAGE AND PAID SEARCH OPTIMIZATION
Lava lamps
Lava lamp
Up to
40% Reduction
in
Bounce Rates
*average performance from sample client
sites
3% Increase
in
Conversion Rates
*average performance from sample client
sites
19. THE NORTH FACE: HOME PAGE HERO IMAGE PERSONALIZATION
Visitor Profile 1: Dry Weather
Location: Aspen, Colorado
Weather: No rain in next three days
20. Visitor Profile 2: Wet Weather
Location: Buffalo, New York
Weather: Anticipated heavy rain in next three days
THE NORTH FACE: HOME PAGE HERO IMAGE PERSONALIZATION
15% Increase
in
Click-Through Rates
*average performance from sample client
sites
34. Predictive Modeling to Deliver Real-time Personalization
Mobile First Strategy + Location Data (geo-fencing, push
notifications)
Technology Integrations: Google, Adobe, Epsilon, Oracle,
Braze, Bazaarvoice, Narvar & more
Personalized AI Beauty Expert
Channels: Mobile, Web, In-Store, Email, International
SEPHORA: OMNICHANNEL PERSONALIZATION
CRM Data + Store Purchase Data + Real-time Clickstream
Behavioral Data
35. CRM Data + Store Data + Clickstream
SEPHORA: OMNICHANNEL PERSONALIZATION
40. • Approach personalization strategically &
holistically across all channels and
touchpoints.
• Aim to personalize the entire customer
journey
• Good personalization is impossible without
good customer data
• Implement personalization in phases…walk
before you run and do not try to boil the
ocean!
Takeaways