Jena, April 28, 2011 – The Intershop Enfinity Suite e-commerce solution combines the benefits of online shopping with the specialist advice normally associated with brick-and-mortar stores. Instead of asking customers to specify complicated product features, the Intershop Product Adviser recommends suitable products via a needs-based advice process. The system also suggests alternatives that best match the customer’s input, thus avoiding frustrating “no results found” pages. Including accessories in the advice allows retailers to achieve additional revenues through cross-selling. Buyer ratings and product tests are also incorporated. The technology deployed is based on solutions from Smart Information Systems GmbH.
The Intershop Product Adviser is a response to the problem of high abandonment rates and returns in e-commerce that occur when consumers are either uncertain, unable to evaluate product features, or overwhelmed by the number of products available. “Our solutions perform the role of an expert sales advisor – but in an online context.” Explains Markus Linder, CEO of Smart Information Systems, technology partner for Intershop Product Advisor.
Needs-based advice builds trust among consumers, who benefit from fast overviews of large product ranges unburdened by technical details, leading to more confident decisions. For sellers, this service lowers point of sale and hotline support effort while reducing complaints. Statistical evaluation of behavior analysis delivers extensive background information on customer wishes.
Successful online stores are already using the solution to provide advice, such as Deutsche Telekom (navigation), BAUR.de (consumer electronics), and Otto.de (TV). For more references and information, visit www.intershop.de.
Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 300 enterprise customers, including HP, BMW, Würth, and Deutsche Telekom run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia, and China. More information about Intershop can be found online at www.intershop.com.
This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop's limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.