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Read more Calcalist: hawaii shopping ClickTale Israel hawaii shopping has raised $ 17 million aged Schneider and Ronnie berry investors hawaii shopping 1.1 Mln textbooks SlateScience magma led to an investment of $ 5.2 million in CloudEndure now intriguing founded by serial entrepreneur Aviv Profit (Mominis) with Eyal Brosh worked so far in secret. She raised close to $ 2 million seed fund raising Israeli Genesis, Google Chairman Eric Schmidt and founder Joe Lonsdale Flntir.
Commerce Sciences mediator, as its name suggests, the scientific theory of behavior hawaii shopping and behavioral economics e-commerce world. With its help, the principles formulated hawaii shopping by the great experts like Prof. Daniel Kahneman or Dan Ariely eventually find their way into the retail world.
"Imagine that three out of four people in a supermarket in your neighborhood have abandoned their carts in the middle purchase without having to buy the products that were inside. On the other side, researchers behavioral science discovered the laws of thumb many human behavior and drafted the decision making process rarely used in practice in retail."
Using the buttons located in the right places custom user, coupons and messages appear in place and the right time, capable of Commerce Sciences attract more visitors hawaii shopping to make buying and thus significantly increase hawaii shopping the percentage of conversion of e-commerce sites.
Company boast a conversion rate averaged 30%, a reduction of 20% abandoning virtual shopping carts and a 24% increase in searches of the database products. "We are able to crack the DNA of a specific buyer and meet his special needs, caused him to make the buying," said a profit. "Our focus is real-time response of a potential buyer., And as behavioral economics, we interpret hawaii shopping the buyer profile, hawaii shopping which helps us better hawaii shopping understand the principles of decision hawaii shopping making, similar to that occurring in scientific experiments universities."
The bar is incorporated in the store allows users to manage their communication with the shop to chat, search for products, share content on social networks and get coupons. At the same time it helps to convey the messages you want of Commerce Sciences customer and deliver different messages to new and existing customers.
Customer behavior is analyzed over 120 million behavioral actions sampled from 30 million shoppers a thousand stores Commerce accumulated so far. Commerce Science even hired its services Oren Ellenbogen, an Israeli who served as an expert big - Data of retail giant Sears.
To date has identified a number of laws Commerce Sciences finger in matters relating to our network buying habits. For example, the lack of effect operates mainly in the evening and night. Between the hours of eight o'clock to midnight, it raises a huge sales increase of nearly half. In addition, visitors who come shopping hawaii shopping site following Google search hawaii shopping those people would make a purchase more likely of the two times when they show a 10% coupon discount.
Great emphasis, hawaii shopping however, affected more visitors from Facebook than visitors from search engines. Adding the word 'free' in the campaign, such as the phrase "you've hawaii shopping won a free coupon" increased its sales by 15%. Principle teachings actually pumped Professor Dan Ariely virtual toolbar will be implemented: Customers are more likely to relate coupon looks like it is tearing from the bar than the code required to rip off customers.
Although large electronic commerce sites like eBay or Amazon generally use their own algorithms and methods for increasing their own sales developed by teams of hundreds of development engineers. However, profit think there is a whole segment of the thousands of stores intermediate category would agree to pay for such a service, which is also the focus of Commerce Science is the behavioral aspects of users, a feature that makes the society unique in Retail Industry.
According to a study IVC Commerce Sciences raised 1.8 million from Innovarion Endeavors of Chairman Eric Schmidt and Israeli Dror Berman, founder of start - up Flntir hawaii shopping Joe Lonsdale, Israeli venture capital fund Genesis, said Rahman, the founder face2face.com group Angels MI Ventures and private equity fund T5, owner of the largest mall in the U.S., Mall of America Other investors include hawaii shopping Leonid Feinberg and Ofir Ehrlich, sold Lliimliit Aksloov founders, who were also partners in the establishment of start - up CloudEndure raised $ 5 million from Magma
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