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eCommerce retailers! Time to shift from platform provided site search to intelligent solutions

Shane
|
April 1, 2023
|
Min read

Did you know that a simple tweak to your eCommerce search capabilities can boost conversion rates by 80%?Yes!eCommerce site search has great potential to improve product discoverability and Click-Through-Rate, thereby contributing to the overall revenue increase. However, built-in or platform provided eCommerce site search solutions are not the silver bullet to achieve this goal. And today, we will explore the same. What is an eCommerce Site Search Solution? Why Does it Matter?

Source

eCommerce site search is a search engine that is either built-in that comes along with the platform (Magento, Shopify, BigCommerce, etc) or integrated into your eCommerce store by an extension (plugin or app). Its primary job is to locate the products that a user is looking for by matching the input keywords to the product catalog or search index. Additionally, it also understands the user's preferences, leaves room for optimization, and ranks the results.As explained above, the eCommerce site search can be run using either the inbuilt (platform provided) or third-party search.

Drawbacks of platform provided eCommerce Site Search

The platform provided eCommerce site search is readily available for the online stores and it does not require any technical expertise to develop or implement it in your store.However, they suffer from the following deficiencies:

  • No scope for merchandizing
  • Limited customizability
  • Limited search functionality
  • No data-driven sort order
  • Slow page speed
  • Lack of transparency
  • One-size-fits-all eCommerce site search solution

Solution: Intelligent Site Search extensions

Source

If you wish to enrich your online store by offering an impactful search experience to your visitors, you must consider switching to intelligent eCommerce site search solutions.They offer quick deployment with extra flexibility. The service provider handles all the complexities of technical maintenance and indexing and allows you the freedom to focus on core business processes.Tools like Tagalys allow integrated and tailored Site Search functionality. It allows you to leverage and tap into the underutilized potential of site search, and possesses the following remarkable features:

  • Dynamic search results based on ongoing trends, locations, etc.
  • Visual Autocomplete and product suggestions that are an instant call to action
  • Pinned, Popular and Recent searches
  • Spell checks, fuzzy suggestions, and query stemming to fix input errors.
  • Synonyms, related products/alternatives, and partial search results for greater product visibility/discoverability
  • Product pinning and merchandising results
  • Detailed reports on Serach performance
  • Personalization.
  • Higher page speeds

When you can get all of the above, why settle for in-built eCommerce site search solutions?

Parting Thoughts

A rich eCommerce search experience could unlock various business and store opportunities. However, it is an extremely individualistic task that requires customization, along with a unique identity. Hence, an inbuilt eCommerce site search can deliver dampened results. Having an expert take care of all the merchandising and nitty-gritty of eCommerce site search can increase your store’s usability. Thus, intelligent eCommerce site solutions are the way to go!Referenceswww.x-cart.com

The Evolution of KYC

KYC is a fundamental regulatory requirement aimed at preventing money laundering, fraud, and identity theft. Historically, KYC involved manual verification processes that required customers to submit physical documents, leading to delays and potential errors. The advent of digital KYC has transformed this space, enabling faster, more accurate, and seamless verification processes.

Image courtesy of Vlada Karpovich via Pexels

Vision and Approach

Neokred is at the forefront of this digital transformation, offering cutting-edge solutions that simplify and streamline KYC procedures. Their approach is rooted in leveraging advanced technologies such as artificial intelligence (AI), machine learning (ML), and blockchain to create a secure, efficient, and user-friendly KYC process.

“In a world older and more complete than ours they move finished and complete, gifted with extensions of the senses we have lost or never attained, living by voices we shall never hear.”

Key Features of Digital KYC Solution

  • AI-Driven Verification
    Neokred uses sophisticated AI algorithms to verify customer identities in real-time. By analyzing patterns and detecting anomalies, AI ensures that only genuine documents are accepted, significantly reducing the risk of fraud.
  • Seamless User Experience
    The platform is designed with the end-user in mind, offering an intuitive interface that guides customers through the verification process effortlessly. Users can upload documents, capture selfies, and complete verification steps from the comfort of their homes.
  • Blockchain Security
    Blockchain technology enhances the security of KYC data by creating an immutable ledger that is resistant to tampering. This ensures that customer data is protected and can be audited with transparency.

Success Stories

Neokred is at the forefront of this digital transformation, offering cutting-edge solutions that simplify and streamline KYC procedures. Their approach is rooted in leveraging advanced technologies such as artificial intelligence (AI), machine learning (ML), and blockchain to create a secure, efficient, and user-friendly KYC process.

Conclusion

Digital KYC solution represents a significant leap forward in the way businesses approach identity verification. By harnessing the power of AI, blockchain, and seamless integration, not only simplifies the KYC process but also enhances security and compliance. For businesses looking to stay ahead in a competitive market, embracing innovation could be the key to unlocking greater efficiency, cost savings, and customer satisfaction.

Share it with the world!

Did you know that a simple tweak to your eCommerce search capabilities can boost conversion rates by 80%?Yes!eCommerce site search has great potential to improve product discoverability and Click-Through-Rate, thereby contributing to the overall revenue increase. However, built-in or platform provided eCommerce site search solutions are not the silver bullet to achieve this goal. And today, we will explore the same. What is an eCommerce Site Search Solution? Why Does it Matter?

Source

eCommerce site search is a search engine that is either built-in that comes along with the platform (Magento, Shopify, BigCommerce, etc) or integrated into your eCommerce store by an extension (plugin or app). Its primary job is to locate the products that a user is looking for by matching the input keywords to the product catalog or search index. Additionally, it also understands the user's preferences, leaves room for optimization, and ranks the results.As explained above, the eCommerce site search can be run using either the inbuilt (platform provided) or third-party search.

Drawbacks of platform provided eCommerce Site Search

The platform provided eCommerce site search is readily available for the online stores and it does not require any technical expertise to develop or implement it in your store.However, they suffer from the following deficiencies:

  • No scope for merchandizing
  • Limited customizability
  • Limited search functionality
  • No data-driven sort order
  • Slow page speed
  • Lack of transparency
  • One-size-fits-all eCommerce site search solution

Solution: Intelligent Site Search extensions

Source

If you wish to enrich your online store by offering an impactful search experience to your visitors, you must consider switching to intelligent eCommerce site search solutions.They offer quick deployment with extra flexibility. The service provider handles all the complexities of technical maintenance and indexing and allows you the freedom to focus on core business processes.Tools like Tagalys allow integrated and tailored Site Search functionality. It allows you to leverage and tap into the underutilized potential of site search, and possesses the following remarkable features:

  • Dynamic search results based on ongoing trends, locations, etc.
  • Visual Autocomplete and product suggestions that are an instant call to action
  • Pinned, Popular and Recent searches
  • Spell checks, fuzzy suggestions, and query stemming to fix input errors.
  • Synonyms, related products/alternatives, and partial search results for greater product visibility/discoverability
  • Product pinning and merchandising results
  • Detailed reports on Serach performance
  • Personalization.
  • Higher page speeds

When you can get all of the above, why settle for in-built eCommerce site search solutions?

Parting Thoughts

A rich eCommerce search experience could unlock various business and store opportunities. However, it is an extremely individualistic task that requires customization, along with a unique identity. Hence, an inbuilt eCommerce site search can deliver dampened results. Having an expert take care of all the merchandising and nitty-gritty of eCommerce site search can increase your store’s usability. Thus, intelligent eCommerce site solutions are the way to go!Referenceswww.x-cart.com

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