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Hands on with bluecore:
Increase conversion with
new product
recommendation strategies
77%
of email subscribers are more
likely to purchase from
personalized emails
terminology Look What You Forgot…
Input Products
• Typically featured in first content area
• Fed into the Bluecore algorithms that power
recommendations
• Set of products a customer engaged with
• Includes browsed, carted or purchased items
How They Are Used
Output Products
• Set of products generated from the
recommendation engine
terminology
Product Attribute
• Product Name
• Product Price
• Division
• Category
• Sub-Category
• Brand
• Stock Status
A characteristic that defines a certain product
Out of box, Bluecore’s integration will pick
up these product attributes:
Recommendationalgorithms:
• Attribute-based
• Collaborative-based
Recommendationstrategyoption#1:
Attributebasedrecommendations
Definition: This algorithm uses product attributes (not customer behavior) to drive recommendations for other
products that share similar attributes
Products Recommended
Using similar product attributes
like:
Brand = Coal
Category = Women’s
Sub-Category = Hats
Product
Browsed
Attributebasedrecommendations:Keytakeaways
1. Best Programs for Attribute Based Recommendations
Attribute driven recommendations may yield higher conversion for higher funnel
programs, where customers haven’t yet decided what to buy, and where less customer
behavioral data is available.
2. Test & Optimize
Shopping behavior can vary greatly by brand and industry, so test into the best strategy
for your programs.
3. Data Integrity
Attribute driven recommendations are only as good as the product data available on your
ecommerce site. This is the best approach for sites with structured data that is consistent
and prevalent across all products.
Recommendationstrategyoption#2:
collaborativebasedrecommendations
Definition: Collaborative based algorithms use collective wisdom of customers to identify which
products tend to show up in the same session, e.g. which products tend to be viewed together or
which products tend to be bought together.
Strategies We Will Walk Through Today with Use Cases:
1. Co-View
2. Co-Cart
3. Co-Purchase
4. Best Sellers
Recommendationtypeusage&revenue
co-view and
co-purchase are the top
personalized
recommendation
strategies for driving
revenue
Bestsellers
Definition
The Best Seller strategy shows either site-wide best sellers or category specific best sellers.
• Site-wide is great when you do
not have a lot of customer
browse data available.
• Category specific is great for
product notification triggers
that are driven by changes in
the catalog.
Where To Use
Co-view
Input Product
Output Products
Recommendations
Definition
As the name indicates this algorithm recommends products that tend to be viewed in the same session with the input products. This was
popularized by Amazon's "customers that viewed these items also viewed ...".
This algorithm is a good choice for product abandon emails, especially for partners with less consistent onsite data structure.
Where To Use
Co-purchase
Input Product Output Products
Recommendations
This is similar to the Co-View/Cart algorithms except that we're recommending products that tend to be bought with the input
products. This data set can be enhanced by feeding offline purchase data to Bluecore
Definition
Where To Use
We typically recommend this algorithm for post-purchase emails where cross-sell is a key strategy.
Co-cart
This algorithm recommends products that tend to be carted in the same session with the input products.
Input Product
Output Products
Recommendations
Definition
This algorithm is a good choice for partners that are unable to pass Bluecore purchase data or have low sales volume.
Where To Use
How to Apply These Strategies
QUESTIONS?
THANK YOU

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Hands On With Bluecore: Increase Conversions With New Product Recommendation Stratgies

  • 1. Hands on with bluecore: Increase conversion with new product recommendation strategies
  • 2. 77% of email subscribers are more likely to purchase from personalized emails
  • 3. terminology Look What You Forgot… Input Products • Typically featured in first content area • Fed into the Bluecore algorithms that power recommendations • Set of products a customer engaged with • Includes browsed, carted or purchased items How They Are Used Output Products • Set of products generated from the recommendation engine
  • 4. terminology Product Attribute • Product Name • Product Price • Division • Category • Sub-Category • Brand • Stock Status A characteristic that defines a certain product Out of box, Bluecore’s integration will pick up these product attributes:
  • 6. Recommendationstrategyoption#1: Attributebasedrecommendations Definition: This algorithm uses product attributes (not customer behavior) to drive recommendations for other products that share similar attributes Products Recommended Using similar product attributes like: Brand = Coal Category = Women’s Sub-Category = Hats Product Browsed
  • 7. Attributebasedrecommendations:Keytakeaways 1. Best Programs for Attribute Based Recommendations Attribute driven recommendations may yield higher conversion for higher funnel programs, where customers haven’t yet decided what to buy, and where less customer behavioral data is available. 2. Test & Optimize Shopping behavior can vary greatly by brand and industry, so test into the best strategy for your programs. 3. Data Integrity Attribute driven recommendations are only as good as the product data available on your ecommerce site. This is the best approach for sites with structured data that is consistent and prevalent across all products.
  • 8. Recommendationstrategyoption#2: collaborativebasedrecommendations Definition: Collaborative based algorithms use collective wisdom of customers to identify which products tend to show up in the same session, e.g. which products tend to be viewed together or which products tend to be bought together. Strategies We Will Walk Through Today with Use Cases: 1. Co-View 2. Co-Cart 3. Co-Purchase 4. Best Sellers
  • 9. Recommendationtypeusage&revenue co-view and co-purchase are the top personalized recommendation strategies for driving revenue
  • 10. Bestsellers Definition The Best Seller strategy shows either site-wide best sellers or category specific best sellers. • Site-wide is great when you do not have a lot of customer browse data available. • Category specific is great for product notification triggers that are driven by changes in the catalog. Where To Use
  • 11. Co-view Input Product Output Products Recommendations Definition As the name indicates this algorithm recommends products that tend to be viewed in the same session with the input products. This was popularized by Amazon's "customers that viewed these items also viewed ...". This algorithm is a good choice for product abandon emails, especially for partners with less consistent onsite data structure. Where To Use
  • 12. Co-purchase Input Product Output Products Recommendations This is similar to the Co-View/Cart algorithms except that we're recommending products that tend to be bought with the input products. This data set can be enhanced by feeding offline purchase data to Bluecore Definition Where To Use We typically recommend this algorithm for post-purchase emails where cross-sell is a key strategy.
  • 13. Co-cart This algorithm recommends products that tend to be carted in the same session with the input products. Input Product Output Products Recommendations Definition This algorithm is a good choice for partners that are unable to pass Bluecore purchase data or have low sales volume. Where To Use
  • 14. How to Apply These Strategies