higher Conversion Rate for Prefixbox Recommend users
of Revenue from Product Recommendations
of Transactions from Product Recommendations
increase in online Revenue
increase in Transactions
Click-Through Rate on Related Categories module
The online pharmacy using Prefixbox Recommend is part of a Europe-wide chain with over 1300 pharmacies in 10 countries.
The pharmacy client needed evidence of the value added by the new Prefixbox Recommend modules.
Prefixbox made Personalized and Complementary Recommendations modules available for the e-commerce site for a free trial to showcase the features’ impact on key business metrics.
The segment of users who used (clicked on) product recommendation tiles generated 1.48% Conversion Rate. In contrast, the overall Conversion Rate for the period was 0.21% considering all users.
In the test period, the segment of users who used (clicked on) product recommendations generated 17.5% of the overall revenue.
The segment of users who used (clicked on) product recommendations generated 14.4% of all transactions.
Personalized Recommendations provide shoppers with tailored product suggestions strategically placed throughout the shopping journey to help them discover and purchase new items.
This feature analyzes individualized user behavior such as page views, clicks, and cart actions in addition to similar shoppers’ behavior to suggest products that are personalized to them.
In this specific case, personalized recommendations were placed on Product Detail pages, Category pages and on the Main page and of the online store.
Complementary Recommendations provide shoppers with data-driven product suggestions that analyzes past transactions to identify groups of products commonly purchased together and effectively suggest additional, relevant items.
These intuitive recommendations are presented as product tiles and strategically placed throughout the shopping journey to encourage additional purchases and further discover the catalog.
In this specific case, complementary recommendations were placed on Cart pages and Product Detail pages of the online pharmacy.
The implementation of Prefixbox's Personalized and Complementary Product Recommendations resulted in significant improvements for the Hungarian online pharmacy.
Users of these modules achieved a remarkable 7x higher conversion rate compared to the overall value. Notably, 17.5% of the revenue and 14.4% of the transactions on the webstore were attributed to product recommendations
By strategically placing Personalized and Complementary Recommendations on various pages, Prefixbox effectively enhanced the shopping experience and drove substantial business impact for the online pharmacy.
Boosting Revenue and Transactions: Related Categories in action at Rossmann