March 4, 2022
Space 48 and Increasingly partner to bring AI-powered product bundling to global brands
Space 48 and Increasingly partner to bring AI-powered product bundling to global brands
Space 48 and Increasingly are partnering to provide online retailers with the opportunity to boost AOV through its AI-powered product bundling technology. Providing retailers with a seamless and personalised customer experience.
As the ecommerce industry continues to grow, getting the right products in front for the right customers continues to be a conundrum for retailers globally. As such, we are seeing more and more retailers rely on discount strategies and heavy advertising budgets to drive product discovery. But this massively eats into profit margins meaning ROI is stretched. Smart on-site merchandising is a more efficient and cost-effective way to drive product discovery and ultimately more sales for your brand.
Increasingly is a world-leading AI technology that helps retailers drive sustainable revenue growth through smart on-site merchandising via hyper-relevant product bundles and dynamic recommendations. For your customers, this gives them what they want – convenience, experience and value-based discounts (if you want to use this feature). For you, this increases basket revenue, AOV and lifetime value.
Increasingly’s Standout Features
Increasingly AI
Built over the course of six years with Increasingly’s team of 60+ engineers and data scientists. The pioneering platform is powered by AI models that use a combination of Neural Networks (NN), Natural Language Processing (NLP) and Computer Vision (CV), along with historic purchase data to determine the best-selling product combinations.
Product Bundling
AI-driven ‘Frequently Bought Together’ features across product description pages, mini-cart and basket pages, designed to power shopper convenience and uplift AOV.
Product Collections
Retailers can showcase algorithmically determined and best-selling product collections by SKU categories at key moments through the customer purchase journey.
Dynamic Recommendations
Designed to help retailers monetise on out-of-stock pages or low-performing SKUs. Retailers can automatically switch between product recommendations and bundles based on the best-predicted revenue outcomes and the best user experience for customers.
Google Shopping Bundling
Display product bundles straight into Google Shopping campaigns and inspires customers right at the beginning of their purchase journey, dominate search listings and push competitors below the fold.
Discover Increasingly“We are so excited to announce our partnership with Space48. They are an exceptionally innovative ecommerce agency. Their ethos of creating better and more profitable websites fits in perfectly with our tech platform and capabilities. We’re really looking forward to combining our expertise to help brands across the globe achieve better revenue outcomes. And most importantly helping the end-customer have more relevant and personal online experiences.”
Chloe Hall, Marketing Director, Increasingly
Discover Space 48“It’s great to have a tech business like Increasingly on board as a partner of Space 48. We’ve long been admirers of their products and how they drive incremental value to their merchants. They really take the headache out of creating complex product bundles which really help drive increases in AOV and basket size. Their AI-powered tech fits completely with our approach to delivering seamless commerce experiences and the product really stands out in the market by offering an online version of an in-store sales rep through their up-selling capabilities. We’re really looking forward to developing the partnership and showing our customers what they can achieve by investing in Increasingly”
Pete Robertshaw, Head of Commerce Consulting at Space 48
Join our webinar
Join our upcoming webinar optimising sales in an attention deficit era, where we will be speaking alongside industry experts from Increasingly and Metapic on why businesses looking to stay ahead of the curve should be thinking about time as a key metric within their digital strategy.
Hosted by Increasingly, we’ll be discussing how retailers and brands can optimise commerce channels towards shopper convenience and tactics to cater to shorter attention spans in order to boost sales.
Here is the link to register. If you can’t make the webinar, all registrants will receive the recording afterwards!
About Increasingly
Increasingly in an award-winning ecommerce AI platform that helps brands and retailers deliver smarter customer experiences online to drive higher AOV. Typically growing AOV by +33%. The AI platform intelligently sells product bundles and collections on-site, in-store and in Google Shopping.
Inspired by Amazon’s ‘Frequently Bought Together’ feature, Increasingly creates frictionless shopping experiences giving customers a super-convenient and hyper-relevant shopping experience.
For more information, visit: www.increasingly.com
Watch their explainer video: www.increasigly.com/explainervideo
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