How Asos is Using Visual Search to Grow Sales by 30%

Posted by Jocelyn Schoolsky on Jun 13, 2018 9:00:00 AM

If you’re anything like me, you don’t have $2,000 to drop on a new outfit. However, there are many well-made duplicates at a fraction of the price…it’s just a matter of finding them. In the past, I’d see someone on my Instagram feed wearing a beautiful dress and wonder where they purchased it. In most cases, if the person isn’t a fashion or affiliate blogger, the brand can be tough to identify. That is, until now.

With most online shopping beginning with search, it’s no wonder why retailers like Asos, Express, Urban Outfitters and Neiman Marcus have implemented visual image search in-app.

Visual search removes roadblocks and decreases friction in the shopping experience, taking shoppers directly from inspiration to satisfaction. Because taking a photo of a product is the #1 most popular in-store mobile shopping activity, more and more retailers are implementing visual search as a way to engage customers and drive sales.

Here are a few examples of retailers that have implemented the technology well. 

Screenshop  

Screenshop’s app leverages artificial intelligence to identify shoppable items in a user’s screenshots. Once fashion-related photos are detected, the app will generate an assortment of clothing, footwear or accessory options. In addition to finding the same outfit, their custom catalogue will also offer up similar styles by many different brands at a wide range of price points.

Read More

Topics: Industry Events, Location-Based Marketing, Market Research, Omnichannel Retail, Best Practices, Apparel Retail, Beauty Retail, Lifestyle Retail

WWD: Personalization in the Age of Artificial Intelligence

Posted by Alex Muller on Jun 5, 2018 11:14:00 AM

Are you ready to hire 10,000 marketing managers to compete with AI?

For the better part of a decade, retail has looked to “personalization” as its primary marketing strategy in an effort to combat a rapidly deteriorating landscape. It’s time to admit it’s not working. True personalization, a 1:1 marketing experience between the brand and the consumer, is incredibly difficult, if not impossible with the current tools at a marketing team’s disposal. In fact, it would probably take upward of 10,000 marketing managers to pull such a strategy off. Artificial intelligence and machine learning, on the other hand, could handle it in mere minutes.

With a rising number of store closures this year, already up to at least 3,000, retailers can’t deny they’re struggling to find a strategy that works across the board to bring shoppers back into the fold and generate the loyalty they desperately need. AI, particularly as a marketing function, has the transformative power to cure some of these ills, but as it stands, only major companies like Amazon or Google are harnessing the technology in a way that impacts the bottom line. The challenge many brands face is how to catch up or even begin to compete.

Read More

Topics: Press, Mobile Apps, Location-Based Marketing, In-Store Mobile, Omnichannel Retail, Best Practices, eCommerce

eMarketer: Why Some Tech Fails to Dazzle

Posted by GPShopper Press Coverage on Jun 1, 2018 9:55:00 AM

Shoppers are more receptive to 'scan and go' than facial recognition

Retailers often bank on new in-store features being transformative, only to be met with consumer resistance. So, what makes a shopper receptive to a retail innovation?
 
A new study from GPShopper found differing attitudes among US internet users when it asked about two forms of emerging retail technology: facial recognition and “scan-and-go” initiatives. Regarding facial recognition technology, 45% of respondents had privacy concerns. But more importantly, 49% simply don’t believe the technology will improve their shopping experience.
 
In contrast, 48% of respondents said scan-and-go technology, which allows shoppers to use a retailer-provided device or mobile app to scan items and pay by smartphone, would make shopping easier. And 43% would rather try this method than wait in a checkout line. Consumers showed the most interest for using this tech at grocery stores (50%), followed by retailers specializing in home goods (30%), apparel (27%) and beauty (25%).
Read More

Topics: Press, Mobile Apps, Market Research, In-Store Mobile, Omnichannel Retail, Best Practices

Crate and Barrel Case Study: Furnishing a Successful Mobile App Strategy

Posted by Jocelyn Schoolsky on May 18, 2018 8:00:00 AM

In 2016, Crate and Barrel knew it wanted to enhance its omnichannel experience by expanding its registry app into shopping. With average consumers spending three hours a day on their mobile devices and 51% of purchases being made in-app, the retailer knew it had a real opportunity to expand the breadth of how the app could support more customers. 

While every digital channel is important, app shoppers typically makeup the top 10% of a retailer's customer base but account for 50% of overall revenue. 

Read More

Topics: Mobile Apps, GPShopper Clients, In-Store Mobile, Omnichannel Retail, Case Studies, Lifestyle Retail

How Retailers Are Engaging the Experience Driven Consumer

Posted by Jocelyn Schoolsky on May 9, 2018 10:52:16 PM

As I sit down to write this post, Coachella has just come to a close. It’s safe to say that one weekend at Coachella can easily set you back $2-$3k, maybe even more. Yet rising ticket prices and area lodging averaging ~140% higher than any other peak time haven’t curbed attendance at all. In fact, Goldenvoice, the group that operates Coachella, added forty acres to this year’s festival site, allowing attendance to skyrocket from 99,000 to 125,000.

The bottom line is that experience and event spending habits that were once reserved for the wealthy have become commonplace amongst Millennials and Gen Zer’s alike. Plus, with continuing consolidation in retail, it’s not a big stretch to infer that discretionary income once used for aspirational tangible goods has shifted to aspirational experiences.

Some savvy retailers have found new success by aligning with these spending habits and joining forces with large-scale events and festivals, keeping them at the forefront of retail innovation.

Read More

Topics: Industry Events, Location-Based Marketing, Market Research, Omnichannel Retail, Best Practices, Apparel Retail, Beauty Retail, Lifestyle Retail