Exploration Spaces™: An Enormous Untapped Opportunity
Exploration Spaces are customer interactions where a retailer doesn't have fresh data to signal customer intent. Without knowledge of intent, it is difficult to decide what categories or products to display. As a result, when retailers attempt to generate interest, their default action is to offer steep discounts.
These interactions are the most frequent touch point retailers have with their customers and they are found in:
Exploration Spaces offer an opportunity to identify and influence customer interests. A retailer typically has 20x more of these customer interactions than where a customer’s intent is known (shopping cart, product pages, searches).
Jetlore’s solution enables a retailer to seize this opportunity.
The curated product collections lift sales by featuring items a customer is likely to purchase. The collections also contain experiments, or ‘surveys’ that help discover and influence customer interests.
How can you take advantage of Exploration Spaces?
It takes a different kind of technology to seize this opportunity and this is where Jetlore’s Adaptive Product Discovery delivers an unmatched solution.
Introducing Adaptive Product Discovery
Use Adaptive Product Discovery to explore and influence customer interests.
Implementation of Adaptive Product Discovery delivers a broad range of tangible and measurable financial benefits:
Up to 80% lift in revenue per promotional email sent
Lifts in total Enterprise revenue up to 10%.
Dramatic results with subscriber activation