How to Increase Your Conversion Rates Through the Search Bar

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Build Realtime Search DATA DRIVEN PRODUCT HOW TO INCREASE YOUR CONVERSION RATES THROUGH THE SEARCH BAR Focus on e-commerce use cases Guillaume Duvaux - Account Executive @algolia @gduvaux

Transcript of How to Increase Your Conversion Rates Through the Search Bar

Page 1: How to Increase Your Conversion Rates Through the Search Bar

Build Realtime Search

DATA DRIVEN PRODUCT

HOW TO INCREASE YOUR CONVERSION RATES THROUGH THE SEARCH BAR

Focus on e-commerce use cases

Guillaume Duvaux - Account Executive @algolia @gduvaux

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Jan 2014

Oct 2012 Creation of the company

+2,600 customersin +100 countries

Jan 2015 350 customers - 12 people

June 2014 Seed funding $2.7 M

Mai 2015 Series A: $18.3M led by Accel Partners

Algolia

83 people in Paris, San Francisco,

NYC

January 2016

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We are hunters

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100,000,000,000

Where the hunt starts today…

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It’s just a start…

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Search: How we are wired

Information Foraging

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Browse and/or

Search

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Browse

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932

Browse

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Browse

Prehistoric Googling

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Search

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• 88% internet users start their session on the Web with a search on a search engine like Google.

• 43% of internet users start their visit of a website that they never went on before by a search on the search bar.

We are addict to search engines

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amazon.com in 2000

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amazon.com in 2016

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Why is Search so important?

1. Engagement of visitors

80%+ of e-commerce users are using the search bar

2. Direct impact on Revenue Conversion

RatesE-commerce

Value per visit

Browsing 2 % $0,77

Search 15 % $4,98X 7

Source: UX Report, Nielsen

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Speed matters

Half a second delay caused 20% drop in traffic

Every 100ms of latency costs them 1% in sales

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The better Google works, the less time people will spend on your website

How Google’s speed impacts you?

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How can you compete?

A world-class search engine1. Relevance: Understand and interpret the queries

Right algorithm, typo-tolerance, synonyms, plurals, stop-words, languages, geo-localisation…

2. Speed: Results from the first keystroke

Instant search is the new standard to avoid the frustration of waiting for the results.

3. Tailored for your business & users: Includes business & user metrics

Personalisation per user/segment, Sales, views, stocks, seasonality…

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arcteryx.com

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birchbox.fr

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And on mobile…

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SearchBrowse

MobileDesktop

Unified Experience

BOTH

BOTH

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Direct impact on the business

Session on mobile through search +250%

Bounce rate -17%

Conversion Rates through the search +50%

Average order value through search +15%

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[email protected] @gduvaux

www.algolia.com

We are hiring in San Francisco and Paris 😊