Coveo AI‑RelevanceTM Platform for Retailers

Drive profitable ecommerce growth

Boost conversions on your digital storefront and increase your customer lifetime value by providing personalized shopping experiences—profitably.

Retail Industry
Billion-dollar enterprises rely on Coveo AI‑Search
Overview

Balance personalization with your desired business objectives

Overview

Balance personalization with your desired business objectives

Delivering great shopper personalization is now an ecommerce imperative. Gartner predicts a 15% profit boost for those who successfully use personalization in ecommerce.

Shoppers expect entertaining and inspiring online experiences tailored to their unique needs. Retailers that fail at it, risk losing them to their competitors.

On the flip side, personalization itself can cost you money on every shopper, if not done right.

As leading experts in applied AI, Coveo empowers retailers like you with smart personalization strategies that delight shoppers and profit optimization capabilities that delight the business.

  • Drive more conversions
    Remove friction from the shopper buying process.Help your shopper find relevant products, and lead them to confident checkouts with AI-powered search, recommendations, and content personalization in real-time.
  • Increase average order value
    Inspire them to add more to each cart by using proven upsells and relevant cross-sells. Serve up complementary product offers, replenishment prompts, or tailored content personalized to each audience.
  • Enhance gross margins
    Drive higher margins by automatically boosting the placement of products that earn you the most money.
  • Increase customer lifetime value
    Identify and retain the most valued customers and optimize customer lifetime margin throughout the journey.
Smart Personalization

AI-powered personalization for individuals, not personas

Smart Personalization

AI-powered personalization for individuals, not personas

Studies show that 86% of buyers are willing to pay more for a better customer experience. And 54% would pay more to find what they are looking for in just a few clicks.

Coveo helps retailers deliver personalized digital experiences for people, not personas. This means you can go from guessing what would work based on what your customers generally want; to precisely knowing what each shopper needs —and serving that need at any specific moment.

Retail Industry
Conversion Optimization

How Coveo optimizes your business results

Conversion Optimization

How Coveo optimizes your business results

Gartner states that companies who incorporate AI into their ecommerce platform will improve customer conversion rates by up to 30%.

Coveo helps retailers balance personalization with what makes good business sense. Our powerful AI can factor in the parameters you choose to drive your ecommerce profitability.

For instance, by adding margins and return data, you can optimize the complex trade-off between products that are most likely to be bought and products with high margins and low returns. You can also use customer data to predict what will retain your most valued customer and serve attractive offers to increase their lifetime value.

Retail Industry

ㅤㅤ

Supply chain data

Use real-time inventory availability and store proximity to show only in-stock merchandise at the location nearest them and minimize shipping costs.

Financial data

Use pricing, product margins, rebate incentives, and advertising to surface the most profitable product SKUs ahead of other

Post-purchase data

Use return rates and product cost-to-serve data to de-emphasize products that lose money.

Business Optimization

Liberate your merchandisers to ply their craft

Business Optimization

Liberate your merchandisers to ply their craft

Coveo frees your merchandisers from tasks that drag down your enterprise. Instead of perpetually tweaking rules to improve product discovery, they’re empowered to spend their energy and creativity developing and testing new strategic ideas that help scale your business.

Our Merchandising Hub enables merchandisers to conduct powerful tests to identify and fill customer experience gaps easily.

Retail Industry
Campaign Optimization

Use your digital retail media to drive conversions

Campaign Optimization

Use your digital retail media to drive conversions

Shifting co-op dollars to digital channels is imperative for most retailers. But the challenge is aligning featured products with relevant organic product results once shoppers land on your site.

Coveo search & recommendations drive relevant retail media adverts. Our AI can feed retail media advertising engines, like Crealytics, to increase conversions.

Retail Industry

How Coveo works for retailers

Getting started with profitable personalization is easy with Coveo

  • Checkmark
    Get a free assessment
    In just 30 minutes, our experts will identify and walk you through some of the ecommerce shopping gaps. Then, they’ll give you a wealth of “quick win” recommendations you can start using immediately. A $2,000 value – free!
  • Checkmark
    Stress-free deployment
    Things get done in hours instead of days or weeks. Our Professional Services, Customer Onboarding, Customer Success, and Business Development teams work with you throughout the process. This helps ensure you realize your expectations.
  • Checkmark
    Machine learning starts from Day 1!
    Coveo’s machine learning automatically begins analyzing customer data to tailor the content. You can also take a more hands-on approach and tune individual models yourself. Either way, understanding your customer intent has never been easier.

How Coveo works for retailers

Coveo integrates with any ecommerce platform

  • Coveo for Salesforce Commerce Cloud
    With Coveo powering your Salesforce storefront, you can: Tailor product recommendations. Rank search results intelligently. Personalize content to individuals.
  • Coveo for SAP Commerce Cloud
    Coveo’s enterprise-class AI complements SAP Customer Experience and helps you get the most out of your SAP Commerce Cloud or SAP Hybris solution.
  • Coveo for Commerce
    Intuitive ecommerce site search, relevant product recommendations,​ and personalized shopping experience throughout the shopper journey, through headless API calls.
Caleres Differentiates on Experience with AI-Automated Results Personalization

Coveo is a very strategic part of [our re-platforming], not just an add-on or just any other vendor. It’s really central to how we’re powering product detail page recommendations, how we’re powering the sort and rank position, and how the filters and facets work.

Dan Cornwell

Director of Ecommerce & Digital Experience, Caleres

So we wanted a system and software and partners that really believed in the customer, the end customer experience, and believed in the empowerment of business users who controlled those vehicles. So Coveo fit really nicely into that same philosophy of being focused on the customer, Relevance, personalization, smooth and impressive experiences on the website that just feel easy and natural. So the ongoing support, the ongoing collaboration with Coveo day to day, week to week has been impressive. And it's really been one of the smoothest parts of our replatform project, and we're really pleased with where we're at and really excited about those first three sites. Caleres is not a customer facing name. Caleres is a portfolio company and it's pretty interesting. It consists of a retail division, which is Famous Footwear, but also a whole portfolio of shoe brands that we design, develop, manufacture, sell, mostly at wholesale, but also some of them are actually sold at Famous Footwear. It's a two point eight billion dollar company, and when it comes to e commerce, the experiences are pretty similar to what we want to have whether it's with Famous or with AllenEdmonds dot com. We're trying to really impress the customer, evoke emotion, communicate the brand, get them to believe and buy from us instead of somewhere else. As we were trying to upgrade our e commerce operations and the empowerment and the abilities of the websites, we were looking for marketing technology and partners that really embodied the prioritization of a positive experience that is more hands off and automatic than hands on and manual and rigid. And really what e commerce means to our company right now is really important. The brick and mortar business is not growing in double digits, but e commerce is. So as we're on an aging platform looking to build for not just now, but future growth, it's really important that, we have the right systems as e commerce continues to be a bigger part of Caleres' business and the website interaction and experience is a bigger part of what customers expect from an omnichannel company. On the digital space, we really need to get to a point where we can do more storytelling, have better, more modern functionality that's more consistent with what leading websites are doing in other spaces. And in general, we just have experience to get people to buy shoes from Caleres more often. The search for a platform was really a search for a new philosophy for how to move forward. So we were looking at things that empowered ecommerce teams to run their websites, to be the closest ones to the customers and the marketing channels that communicate what we're doing. Coveo is a very strategic part of that. So Coveo is not just an add on just any other vendor. It's really central to how we're powering product detail page recommendations, to how we're powering the sort and rank position, to how the filters and facets work, appear, are able to be used in conjunction, are able to be styled with Sycor Commerce. We're excited about leveraging essentially machine learning. It sounds like a buzzword. It might be a buzzword, but we believe very much in the power of machine learning, especially with the volume of visits and orders on our websites, that, we're going to be in a much better space, the customer experience will be in a much better place, leveraging these algorithms to provide better and smarter recommendations that are less manual so that we can focus more on new functionality for the website instead of fine tuning, you know, sort and hierarchy positions that are manual. That's not where we want to spend our time. We want to spend our time knowing that the website is constantly learning and improving from the volume and business it's already getting.
drift close

Hey 👋! Any questions? I can have a teammate jump in on chat right now!

drift bot
1