Episerver Advances Vision for Omnichannel Personalization with Launch of Three New Products
Episerver Personalization Suite adds Episerver Advance, Perform and Insight as part of the Fall 2016 Release
Episerver, a global provider of a single platform to smartly manage digital content, commerce, and marketing in the cloud, introduces new omnichannel personalization capabilities with the launch of Episerver Advance, Episerver Perform and Episerver Insight.
Episerver Perform uses a system of machine learning algorithms to learn and predict which products and offers are most likely to interest each customer and offer the best recommendations. Unlike other product recommendation engines, Episerver Perform is not based solely on a customer’s lifetime journey, but instead, it looks at behavioral triggers within distinct journeys. This ensures that shopping for gifts or other infrequent purchases do not lead to irrelevant recommendations in the future.
Far beyond industry-standard product recommendations based on purchase history alone, Episerver Perform has proven to outperform competing solutions lift in revenue for online merchants. It has already helped organizations increase sales between 5-7 percent and customers that shop with Episerver Perform have an average order value (AOV) that is 35-65 percent higher than those that do not.
The release of Perform also includes Episerver Advance, Episerver’s new content personalization solution. The first release of Episerver Advance includes personalization for email and event triggering, the latter when combined with the predictive analytic capabilities of the Digital Experience Cloud is key to executing on continuous and consistent journey engagement.
Episerver Perform and Advance also make use of the underlying capabilities of the Episerver Insight Big Data management platform. Episerver Insight’s robust API allows organizations to capture, ingest and process information from sources as wide as digital interactions, CRM and ERP systems, loyalty data, as well as secondary data such as store location, competitive analysis, and census and social enrichment. In so doing, Episerver Insight provides a rich foundation for running algorithmic analytics.
All three solutions join Episerver Find, which offers automatically generated, individualized landing pages, content listings and personalized home pages to increase user engagement within a digital channel without the heavy-lifting that personalization has required in the past. With the Episerver Find search relevance engine, content is automatically selected for each visitor, significantly reducing the path to conversion.
“Personalization should be a key component to any digital marketer’s strategy,” said James Norwood, executive vice president of strategy and CMO at Episerver. “With the combined personalization capabilities of the Episerver Personalization Suite, we’re able to help our customers better predict what appeals to their audiences, and then act on those preferences immediately. In doing so, we see increases in both sales and brand loyalty.”
According to Gartner’s recent report, “IT Market Clock for Digital Commerce, 2016,” “By 2018, sellers that have fully invested in all types of digital personalization are expected to outperform, by 30%, companies that have not invested in personalization technologies.” This underscores the significance of Episerver Find, Advance, Perform and Insight to today’s digital marketers and why the combined Episerver Personalization Suite has already been selected by several Episerver Digital Experience Cloud customers, from Australia to Europe to the USA.
Along with Episerver Advance, Perform and Insight, Episerver also launched other new products, capabilities and extensions:
- Episerver Social -- Episerver Social is a new, cloud-based API for community-generated content. Using a high performance micro-services architecture, Episerver Social offers storage, management and delivery of social ratings, reviews, comments, activity streams and groups.
- Content Approval -- A built-in feature for Episerver CMS and Episerver Commerce to approve content quickly. This function streamlines workflow, making it easy for cross-team collaboration, therefore increasing content quality and quantity.
- LivePerson Connector -- LivePerson LiveEngage is a chat capability for websites that gives Episerver customers a way to communicate directly with website visitors through a chat window. It is a cloud based service provided by LivePerson. It has a full back end agent interface that provides usage statistics and sentiment analysis.
To learn more about all of Episerver’s fall product improvements, please visit www.episerver.com.
Episerver empowers businesses to scale through the most customer-centric approach to digital experiences. Its Customer-Centric Digital Experience Platform™ features best-in-class content management and robust commerce, both backed by AI powered data and personalization solutions. The platform has consistently earned industry, analyst and media recognition for its vision, capabilities and customer commitment. Episerver’s 900+ partners and 825+ employees in offices around the globe are proud to help more than 8,000 brands enrich their customer lifetime value, increase revenue and grow their brands.
Rachel Teitt Gill
Director of Corporate Communications, Episerver
Sr. Public Relations Manager, Walker Sands