your shop gets even smarter the better the onsite search understands the customer, the more revenue...
TRANSCRIPT
www.fact-finder.com
Your Shop Gets Even SmarterMarket-leading E-commerce Technology for Search,
Navigation and Merchandising
We Make the Progress in AI Available to You Today - in the fierce competition of e-commerce - it is
more important than ever before to create an out-
standing shopping experience. This is exactly where
FACT-Finder supports you thanks to intelligent algo-
rithms and artificial intelligence. In both areas we hold
several patents and have applied for further ones. So
our customers will continue to be among the first to
benefit from the progress in AI.
Carsten KrausFounder & CEO FACT-FinderElected Chairman of the professional group for Artificial Intelligence of bwcon, a German economic initiative
The better the onsite search understands the customer, the more revenue your shop generates. Because your customer „speaks“ with the search: it is his open ear, he entrusts his wishes to it - more than any other part of your shop.
Trust in the A/B Test Winner
Conversion
Conversion
Revenue
Conversion
Mobile-Revenue
Successive Purchases
+26%
+170%
+10%
+50%
+125%
+40%
Table of Contents
Modules of the FACT-Finder Suite Which modules our software package
contains and how you can achieve up
to 33% more shop revenue.
P. 10-11 FACT-Finder Core
P. 12-13 Customer Journey
P. 14-15 Personalisation
P. 16-17 Merchandising
P. 18-19 FACT-Finder Services
Integration into all Shop Systems How FACT-Finder can be integrated
quickly and flexibly into any online
shop.
FACT-Finder Backend How to manage your sales success:
Insights into the FACT-Finder user
interface.
P. 08 P. 24
P. 20
P. 26
P. 22
P. 28
AI-supported Analytics Tool This is what the intelligent analytics tells
you about your customers‘ sessions
and current highlights of demand.
Omnichannel Commerce Why the onsite-search determines the
success of omnichannel strategies and
how FACT-Finder connects your sales
channels.
Best Practices How FACT-Finder supports the strategic
growth targets of leading retailers.
All in One SolutionSearch, Merchandising, Personalisation and much more.
Everything that makes online shops better. FACT-Finder offers you all the tools you need to improve the findability of your products - and thus your conversion rate.
1,600 online shops grow with FACT-Finder
What our customers say
“By using FACT-Finder we were able to increase our sales
by 20%. The return on investment for FACT-Finder was
achieved in just a few months, not least due to the low
integration and maintenance costs.”
Thomas ZollerMarketplace Manager, Mercateo
“The onsite-search is of decisive importance for us in the
pharmaceutical market. FACT-Finder‘s Customer Suc-
cess team helps us enormously to continuously optimise
usability and thus the quality of results. Together, we have
improved the sorting order of search results based on our
business metrics - and this is reflected in our sales.”
Michael Urban Head of E-Commerce, DocMorris
“We chose FACT-Finder because the different licence levels
give us a lot of flexibility. The price/performance ratio is
also attractive. Looking to the future, we were impressed
by the fact that FACT-Finder has virtually unlimited growth
potential - both nationally and internationally.”
Christine WurmHead of E-Commerce, Christ
“We are glad that we were able to master an immense
technological challenge thanks to FACT-Finder. No other
company currently has such an innovative solution.”
Ulrich SeibelTeam Leader of Shop Systems, Euronics
Modules of the FACT-Finder Suite
FACT-Finder CoreImmediately better search results,
AI-supported analytics tools, control-
lable product sorting - even with the
basic equipment of FACT-Finder you
achieve measurably more sales
success.
FACT-Finder ServicesHosting, support, consulting and more
- as a user of FACT-Finder you benefit
from market-leading technology as well
as first-class support and advice.
Customer JourneyThis module increases your conversion
rate with more relevant search filters.
And it enables your shop to learn from
the navigation behaviour of your
customers.
PersonalisationUsing FACT-Finder personalisation, you
can adapt your shop to the purchase
pattern of each individual customer
- dynamically, automatically and in
compliance with data protection
requirements. More turnover
pre-programmed.
MerchandisingImplementing current marketing
requirements has never been easier:
FACT-Finder offers you a complete
toolset of campaign and merchandising
tools that can be controlled without any
programming knowledge.
8 Modules of the FACT-Finder Suite
Onsite searchSelect �lters
You Take Control of Every Function of Your Online Shop
Onsite search, navigation, merchandising, personalisa-
tion: FACT-Finder improves all shop functions that lead
customers to the right product. Our software suite con-
sists of five modules that can be controlled via an easy-
to-use backend. “FACT-Finder Core” is the basic module
on which all others are built. The additional modules
can be booked flexibly and at predictable costs. The
more modules you use, the greater the impact on your
sales figures. This is because the modules improve each
other thanks to tracking data and AI algorithms.
Our researchers and usability experts have developed FACT-Finder in such a way that e-commerce and marketing teams can implement all shop optimisations without IT support.
FACT-Finder Core
Whether you operate nationally or internationally,
whether you are an online pure player or an omni-
channel retailer; the FACT-Finder Suite adapts to any
trading strategy and some of them are even made pos-
sible by it. With the basic equipment - the FACT-Finder
Core - you not only improve the search hits in your
shop, but also create the conditions for your online
shop to scale with your e-commerce growth. No matter
how many languages, sales channels and product data:
FACT-Finder works at high performance and requires
only very few resources.
The patented search algorithm finds the right products
even in case of spelling mistakes or complex multi-word
entries. The automatic result optimisation continuous-
ly refines the quality of results thanks to machine lear-
ning. And with the ranking rules you can control your
sales according to your own criteria such as margin,
availability or topicality. How all this affects your sales
figures and where untapped sales opportunities are,
you can see in the intelligent analytics tool.
The Basis for More Growth
Error-tolerant search in all languages
Tracking and semantic result optimisation
AI-supported analytics tool
Integration of offline assortments
Controllable product sorting
Lightning-fast search, even in 100 million data results
Location-based search results
AB
Intelligent suggest function
Multi-channel configuration
10 Modules of the FACT-Finder Suite
AI-supported analytics tool
Error-tolerant search in all languages Individual display of prices
Self-learning and controllable product sorting
Intelligent suggest function
AB€
Self-learning, automised, high performant. The FACT-Finder Core brings your customers reliably to the right results and offers you completely new tools for product sorting and shop analysis.
Your Shop Becomes an Intelligent Salesman
Select filters
₤ 39 ₤ 699-
Categories
Brand
Price
Display (inches)
Availability
Customer Rating
Display (inches)
(24)
(18)
(12)
Virtually every online shop provides filters to help cus-
tomers narrow down the lists of results. The refinement
options are only helpful if they are appropriate and
well-structured. FACT-Finder automatically generates
suitable filters that correspond to the search results.
For example, the system ensures that any filter that
would lead to zero matches is not included.
You have complete control over the order and logical
dependencies for filters. For example, you may place
filters for the shop’s own brands at the top, or choose to
display a special-purpose filter such as “Fragrance” only
if the “Perfume” filter is in use.
The filters may be displayed either as text or in graphical
form. The latter is particularly suitable for brand filters
(logos), colour tiles or price ranges (interactive slider).
Customer Journey
Intuitively to the Right Product
Self-learning filter navigation: if you like, FACT-Finder can automatically move the most popular filters higher up.
This makes it easier to refine the search results.
12 Modules of the FACT-Finder Suite
The module “Customer Journey” ensures that
FACT-Finder can track the clicks made during naviga-
tion. This provides more input for all your machine
learning tools and helps to improve their performance.
The module also permits you to use campaign func-
tions and ranking rules on these pages, as well as on the
lists of search results. You can embed suitable banners
in product results, emphasise new products or move
high-margin items up the list with just a few clicks.
The filters on category pages can be controlled just
as precisely as with search filters. The FACT-Finder
backend allows you to configure both filter structures in
parallel, or independently of one another.
Learn from Navigation Behaviour
FACT-Finder can use tracking data from the navigation behaviour of your customers to provide even more rele-
vant search results and product recommendations.
Clicks Shopping Carts Purchases
Revenue+25%
Conversion+15%
Automatically to better search results and recommen-
dations: Based on tracking data in conjunction with
session and user IDs, this module detects the preferen-
ces of your individual customers - e.g. preferred brands,
colours, price segments and categories. This allows to
promote those products in the results that are most
relevant to the currently active user. One of our clients
subjected the FACT-Finder Personalisation to a 30-day
A/B test. Even within this short test phase, the retailer
recorded a significant increase in conversion and reve-
nue.
Personalisation
Recognising and using purchase patterns
Results of a 30-day A/B test by one of our customers.
14 Modules of the FACT-Finder Suite
Customer A
Customer B
Customer C
84% of online retailers increase their sales by using
a Recommendation Engine (ibi research). With
FACT-Finder you can recommend both useful sup-
plementary products and higher-priced alter-
native products. Both help to increase sales per
customer. FACT-Finder determines which recommen-
dations are most relevant for the currently active user
based on individual purchasing behavior and previous
purchases in the shop. But even if you only have a small
database, your average shopping basket value will in-
crease. This is because machine learning algorithms
enable the FACT-Finder Recommendation Engine to
find general correlations at category level from com-
bined sales of individual products.
Personalised recommendations
The FACT-Finder Recommendation Engine generates context-based recommendations, increases the average basket value and continuously improves itself.
Merchandising
Shop marketing without any help from IT
Increase cross-selling: shop visitors will find everything they are looking for on the appealing brand site - and a lot else they need.
Visual sales promotion is one of the most important
sales levers in bricks-and-mortar stores. But it is also
possible to inspire customers in online shops: the
FACT-Finder Merchandising module makes it particu-
larly easy to respond to current highlights in demand
and changing market requirements. Whether brand
pages with a suitable look and feel or seasonal theme
worlds, whether virtual customer advisors or special
placements for products from current advertising: all
this and much more can be realised by e-commerce
and marketing teams in an astonishingly short time and
without the help of IT. Customers will not only stay in
the shop longer, they will also be happy to buy more
and come back.
16 Modules of the FACT-Finder Suite
Searches for “generic” terms (such as “shirt”, “laptop” or
“chair”) often lead to a mix of various product selections
and a large number of results. Filters may help narrow
down the list of results to the most relevant products,
but only when the customer knows exactly which filters
are needed.
FACT-Finder’s advisor campaigns allow you to assist
your customers as a trained sales consultant would,
using selective questions. For example, you could
ask about personal requirements or the preferred
area of application. FACT-Finder can display follow-up
questions appropriate to the replies, and can then se-
lect and display suitable items. This not only increases
the purchase probability, but also leads to better decisi-
ons. And thus reduces the number of returns.
Reduce Returns with Virtual Consultants
Consultation like in a DIY store. With FACT-Finder, guided selling can be imple-mented easily, quickly and without any programming knowledge.
Hosting and Maintenance, Consulting and Customer
Care: FACT-Finder offers a variety of additional services
to maximise the stability and performance of your con-
version engine. And the experience of all our customers
is used to continuously improve our services.
We will gladly host your FACT-Finder on our servers and
provide you with everything related to the operation
and quality assurance of your application: from cluster
adjustment and setup to node synchronisation and set-
up control. Our SaaS services are available in various
packages. This allows them to be precisely matched to
the size and data volume of your shop. Depending on
the selected hosting level, availability is between 99.5
and 99.9%.
FACT-Finder Services
You Can Rely on Us
Boris Schröder Head of FACT-Finder Projects
18 Modules of the FACT-Finder Suite
We support you holistically
Consulting and Training:Our FACT-Finder consultants will
advise you individually on how
best to align your shop to your
growth targets. And in our training
courses we teach you how to work
successfully and efficiently with
FACT-Finder.
Customer Care:Do you need help in using the
backend, adapting ranking rules
or creating campaigns? The Cus-
tomer Care Team will help you with
all questions regarding the configu-
ration of FACT-Finder. Swiftly and
directly.
Service Desk:With FACT-Finder, you won‘t find
an anonymous call center or - as
with open source - help portals and
forums. In case of technical ques-
tions and disturbances of all kinds
you will always reach a competent
support employee.
Artur WagnerSenior Consultant
Marcel Heinzelmann Supervisor Customer Care
Uwe Bacher Head of Service Desk
For Use in Every Shop System - and Every In-house Development
Whether in-house development or a ready-made stan-
dard solution - FACT-Finder can be integrated into any
shop. We offer software development kits for all major
e-commerce systems, which are constantly being fur-
ther developed and improved. Always with the goal of
integrating FACT-Finder optimally and as quickly as pos-
sible into your system landscape.
From consulting and implementation to after-sales
service - our FACT-Finder team is at your side at every
stage of our collaboration. With the experience of more
than 1600 shop integrations worldwide. In addition to
integration via SDKs, there are two other ways to bring
FACT-Finder into your online shop: the REST API and
Web Components.
20 Integration into all Shop Systems
You Determine the Type of Integration
REST-API – the web standardThe direct integration via this programming interface
offers you the greatest possible flexibility. When a
search query is made, your shop passes a URL parame-
ter to FACT-Finder. The search server will then return an
XML or JSON file containing all the information needed
to build the search results page. In comparison to Web
Components integration, the design of the results page
is taken over solely by the shop.
Web Components – ROI in record time The easiest integration since FACT-Finder exists: Web
Components are short, expressive HTML modules for
displaying functions in the browser. Via JavaScript they
can be integrated into your shop as easily as a YouTube
video or a Google map and do not require a framework.
For each FACT-Finder module, one HTML element is
available that works in all common browsers. Once in-
tegrated, the Web Components can be easily controlled
and styled.
The new Web Components accelerate both the integration of FACT-Finder and the display of search results.
Whatever you want to change - within a few seconds
you are where you can change it: FACT-Finder‘s user
interface provides intuitive control of all functions and
workflows. Integrated search and filter options help you
quickly access any FACT-Finder setting - from search
diagnostics to ranking rules and campaigns to perso-
nalisation. In addition, you can control and maintain all
your FACT-Finder channels simultaneously without ha-
ving to work on each one individually.
Intuitive Shop Control in the FACT-Finder Backend
Transparency instead of a black box: in the FACT-Finder backend you can see exactly why a product is in a certain position in a search result - and you can specifically influence it.
22 FACT-Finder Backend
Planning, Designing and Implementing Sales Success
WYSIWYG editor for creating search-driven campaigns. E-commerce and marketing teams can prepare event-related campaigns in advance and limit them in time.
Revolution of Search Analysis - FACT-Finder AnalyticsWhich measures will give me the biggest conversion
leverage? Where should I expand my product range?
And what prices do I have to adjust? The brand-new
FACT-Finder Analytics shows you exactly where there is
untapped sales potential. It offers you unprecedented
evaluation tools with which you can immerse yourself in
the chronological sequence of the individual sessions.
Numerous key figures are available for your analyses,
such as click rate, shopping basket at purchase rate or
sales per search. Intelligent assistants monitor the data
and history curves and inform you when peaks or unex-
pected events require your special attention.
Compare periods graphically. The completely revised FACT-Finder Analytics makes it particularly easy to discover the latest trends and demand highlights - and to stay ahead of the competition.
24 AI-supported Analytics Tool
Analysis from Customer and Product View: New Insights into Individual Sessions
How often are certain products purchased? And what terms are used to search for them? From now on, user behaviour can also be evaluated from a product perspective in order to gain valuable insights for search optimisation. In addition, for the first time you can track the progress of individual sessions on a timeline - from first click to check-out.
FACT-Finder Connects Online and Offline WorldsWhether on the move on a smartphone, at home on a
tablet or at a terminal in a stationary shop - today‘s cus-
tomers gather information wherever time and opportu-
nity present themselves. But no matter at which digital
point of contact: it is always the search that enables the
customer to do product research - and thus brings him
closer to the purchase. This is where standard search
and navigation solutions quickly reach their limits. They
are not capable of dealing with the data and structures
of large retail chains. FACT-Finder, on the other hand,
enables customers to search in large offline and online
assortments. Whatever your customers are looking for:
FACT-Finder delivers the right data at the right time,
supporting even the most demanding omnichannel
strategies.
Search plays an enormous role in the connection of sales chan-nels. So make sure your customers find what they want to buy - anytime, anywhere. We from FACT-Finder support you in this.
26 Omnichannel Commerce
High search performance is particu-larly important for large amounts of data and many assortments.
Dynamic filters quickly narrow down the range to the most
relevant products.
Products with a high purchase probability automatically appear in first place.
Access to local data: FACT-Finder shows the prices
of the selected store.
The Smaller the Display, the More Important are Relevant ResultsMobile devices have become an important source of
purchasing decisions. Many customers are already re-
searching for products and prices on the way to the
store. And studies show: well-informed consumers are
not only more likely to buy, they also spend more mo-
ney on average.
Fast loading times, intelligent result sorting, dynamic
filters and much more: FACT-Finder makes it particu-
larly easy to boost stationary sales while increasing the
number of spontaneous mobile purchases. The best
example of this is as-garten.de. Following the integra-
tion of FACT-Finder, mobile sales rose 125%.
Re-In streamlines the central control of its on-line shops with FACT-Finder and according to an A/B test generates higher sales and order value than with another search and naviga-tion solution.
Re-In Retail International GmbH operates four online
shops whose product range comprises over half a mil-
lion items. In the fields of electronics, model making
and technology, there‘s almost nothing customers can‘t
get - provided they find what they‘re looking for. That‘s
why Re-In integrated FACT-Finder search and naviga-
tion technology.
In a two-month A/B test, the conversion engine com-
peted against another solution. Patricia Zwack, expert
for on-site search and shop management, says: “Our
final analysis showed that FACT-Finder was ahead
throughout the test period, especially in terms of KPIs
of sales and average order value. It was immediately
clear to us that we would continue to use FACT-Finder -
never change a running system.”
Best Practice: Re-In
FACT-Finder Consist-ently Ahead in A/B Test
2828 Best Practices
After switching from an open source search to FACT-Finder, the Berner Group accelerates the digital purchasing process, reduces zero hit pages significantly and creates synergy effects in international shop management.
The Berner Group is a central B2B trading partner for
all materials in the construction, mobility and industrial
sectors and operates over 20 online shops. The decisi-
ve factor here is that buyers can procure the right pro-
ducts at lightning speed. And that corporate guidelines
can be rolled out automatically to all country shops. The
Berner Group has solved these and other B2B challen-
ges with the help of FACT-Finder. Katja Sallie, Business
Service Manager at the Berner Group, sums it up: “Our
analyses show that significantly fewer zero hit pages
appear. And with the multi-channel configuration we
have a feature that is really valuable to us. Because if a
certain optimisation has been successfully tested in the
German-speaking shop, we can roll it out directly to all
channels” .
Optimising B2B Shops for 25 Countries
Best Practice: Berner Group
Best Practice: Gärtner Pötschke
Gärtner Pötschke - Germany‘s fifth oldest mail order company - impressively demonstrates that tradition and innovation do not have to contradict each other:
With its online shop poetschke.de, the company won
the 2018 Online Trade Award in the “Garden & Home
Improvement” category - one of Germany‘s most pres-
tigious e-commerce awards. Gärtner Pötschke was sup-
ported in this by FACT-Finder - e-commerce manager
Tobias Schwering: “We realised early on that we were
far from being able to meet all customer requirements
with our shop software. That‘s why we use FACT-Finder,
a complementary solution that optimises what hap-
pens between the start page and checkout. We can see
that this approach is worthwhile not only from our sales
figures, but also from the award we have recently won.
FACT-Finder has provided us with decisive advantages,
particularly in terms of the areas of convenience, user
experience and product range”.
How to Win an E-commerce Award
30 Best Practices
With the relaunch of its online presence, Euronics eG, one of the leading association groups in the consumer electronics sec-tor, implemented a more than ambitious cross-channel concept:
Around 250 stationary Euronics retailers were con-
nected to the digital sales channel - and this in such a
way that online and mobile shoppers are automatically
shown the offers that are available in the nearest store.
Ulrich Seibel, Team Leader Shop Systems at Euronics,
explains why FACT-Finder is the right solution for this
task: “Firstly, we chose FACT-Finder because the tech-
nology was so powerful from the ground up that it
was able to cope with the demanding task of assigning
the right result to every inquiry and the right dealer.
Secondly, with FACT-Finder we had a partner who was
able to provide us with the remaining features for our
new marketplace platform”.
How Cross-Channel Really Works
Best Practice: Euronics
FACT-Finder (UK) Ltd
St John’s Innovation Centre
Cowley Road
Cambridge CB4 0WS
Tel.: +44 (0)845 561 0250
www.fact-finder.com
You have the visitors. We make them buy.Onsite search, navigation, merchandising, personalisation and AI in one so-
lution. With the FACT-Finder Suite, you offer your shop visitors everything
they need to find the right product quickly. A/B tests show: shortly after inte-
gration, FACT-Finder increases online sales by 10% to 33%. Whatever your
growth goals are - with our 17 years of experience in e-commerce and 1,600
shop integrations, we will help you make them reality.
1,600 online shops grow with FACT-Finder: