This morning, we announced several enhancements to our SLI Product Discovery SuiteTM – all designed to help retailers drive greater online success. Which retailers are looking to drive more online revenue this year? According to a survey of almost 300 e-commerce professionals – and as reported in Inside Retail— 91% are. Read more about ecommerce growth trends in SLI’s just-published E-commerce Performance Indicators & Confidence Report.
Therefore, if you are in the 91% – or if you’re not, but would like to be – today’s product update is relevant for you. We’ve focused on enhancing the analytics, metrics and merchandising tools retailers need to improve both conversion rates and average order value. New elements include:
On average SLI customers see 70% better shopper conversion and almost double the average order value compared with industry averages. With these new product enhancements, we expect that advantage to continue to grow. These new features are, however, just the tip of the iceberg of the new features we’ll be adding to the SLI Product Discovery Suite over the course of the next year.
For more information on these product enhancements, please visit our Merchandising and Analytics web pages. If you’d like to be notified of the upcoming announcements or learn more about how SLI Systems can improve online retail business results, please get in touch.