Renovai continues to establish itself as an industry leader within the retail world as the company announces its latest partnership with FortyTwo, one of Singapore's biggest furnishing and home decor companies.
This continues the company's dominating reach in the APAC markets, another step up from its ongoing partnerships with Malaysian lifestyle giant CUURA and Lixil, one of Japan's front-running home design and technology companies.
Since its launch back in 2018, renovai has been making waves in the European, US, and Australian markets, providing brands and businesses with the ability to create customizable digital shopping experiences with features and functions that are accurately driven by leading AI technologies.
With eCommerce in this sense becoming more competitive than ever before (with the global eCommerce sales set to hit $5.55 trillion in 2022), the use of AI technology to gain a competitive edge has never been more important. It's clear to see why companies like renovai are becoming so popular.
As the latest brand to join the family, FortyTwo will use renovai's AI systems to enhance the way it tags and filters the products on its website and monitors every shopper's experience. This enables stores to provide every visitor with a tailored experience and the most accurate product and service recommendations that maximize conversion rates across the board.
In the past, being able to create a personalized experience for every single shopper would be impossible. Homepages were static, and recommended products were broadly advertised using statistical segmentations that simply weren't as accurate as they should have been.
Now, through the use of ever-improving machine learning, an individual's style preferences can be considered in real-time, allowing them to see the best products for them. And the longer a user is on the site, the more products best suited to them they'll see, and the more likely they'll be to make a purchase.
In fact, renovai is already showcasing just how impressive its results can be.
On average, brands are seeing a 30% increase in their overall revenue, a 16% increase in their conversion rates, and customers spend double their average time on the site before using Renovai. These are simple facts that eCommerce brands, of any shape and size, cannot ignore.
There's no doubt that visual, AI-driven commerce solutions will be the future, and with its impressive client list and cutting-edge technology, Renovai is leading the way.
Renovai is the company behind the world's first AI-based visual commerce and interior designer platform. Their focus - is to create engaging, inspiring, and innovative online retail experiences and put the power of AI design solutions in the hands of the businesses themselves.
The renovai team is formed from decades of design expertise and knowledge of best practices, ensuring the tech is state-of-the-art and as beneficial as possible. That's why renovai can effortlessly integrate into any and all leading online retailers and commerce platforms.
As a result, businesses can showcase bespoke, real-time product options by significantly creating hyper-personalized journeys and increasing conversion rates and order values. This guarantees a competitive edge against all other companies in the industry.
All tools and features are available via a comprehensive suite of AI design solutions, putting the power of this impressive tech at the fingertips of the commercial businesses that are driven to achieve the best results.
In short, renovai empowers its clients using its unique expertise in CX, UX/UI, architecture and interior design, styling, and all things related to e-commerce, creating the future of online shopping today.