Everything5Pounds.com and Velou Deploy Next Generation Search and Discovery Technology
Customer Experience Solutions Automated to Empower Fashion Ecommerce Retailers
San Francisco, California — December 10, 2020 — Velou, a provider of data-driven search solutions powered by artificial intelligence for ecommerce fashion retailers, today announced a new launch with Everything5Pounds.com. This launch implements Velou’s onsite search and automated product data enrichment built specifically from the ground up for fashion ecommerce. This innovative approach to search functionality empowers Everything5Pounds.com to make advancements in their customer experience and increases revenue.
“We’ve been excited about tackling the volume and variety of products in Everything5Pounds.com’s store and building AI models specific to fashion’s discoverability,” says Sadee Gamhewa, Velou’s CEO and co-founder. “We are also developing more innovations with automation and in data analytics as AI solutions continue to propel next generation customer experience.”
The popular high-volume fashion e-tailer sought a customer experience solution that could keep pace with the quantity and rate of their new arrivals.
“The Velou solution has already made a big impact. Velou has enriched our product data using their AI algorithms and our shoppers really like the dynamic facet feature they provide, so much so that we’re seeing a 26% increase in search usage and a corresponding 12% increase in sales since we went live.” says Sagi Cohen, Product Owner at Everything5Pounds.com.
By implementing Velou’s search and discoverability solutions, Everything5Pounds.com offers their customers an easy and intelligent shopping experience.
- Product data enrichment uses computer vision to visually analyze products and extensively enhance the number and precision of product tagging in real time so that Everything5Pounds.com customers can discover daily new arrivals as they land.
- Onsite search with Natural Language Processing activates semantic capabilities for customers to intuitively search the latest trends from a broad range of style attributes, like unique necklines, sleeve types, dress lengths and many more.
- Dynamic faceting, a feature which displays the appropriate facets in response to the shopper’s search criteria, helps shoppers narrow their search quickly.
After graduating from the SAP.iO Foundry Munich Program in Munich, this launch is Velou’s next collaboration with SAP.iO Foundries. As a fully integrated solution on SAP Commerce Cloud, Velou was able to work smoothly with Everything5Pounds.com. Velou Search is available for online purchase on SAP® App Center, the digital marketplace for SAP partner offerings.
"We are seeing incredible outcomes from SAP.iO's startups. Just coming out of the SAP.iO Foundry Spring Program in Munich, Velou was able to rapidly deploy Velou Search for Everything5Pounds.com," says Philippe Souidi, Head of SAP.iO Foundry Munich at SAP. "At SAP.iO, our goal is to help businesses that use SAP solutions to be on the cutting edge of digital innovation. We are excited to be able to collaborate with Velou on this mission."
About Velou: Velou is a fully integrated commerce partner dedicated to customer experience. We provide ecommerce retailers with the most advanced search and discovery solutions. It’s our goal to reset the boundaries of what commerce can be, creating a revolutionary experience for both consumers and the world’s leading brands. https://www.velou.com
About Everything5Pounds.com: With over 1 million registered users everything5pounds has established itself as a global leader for Staged budget clothing and they are constantly pushing boundaries to bring trend led clothing for £5. They stand ahead of their competitors for not only the affordable price they offer but also for the high street trends they provide. Daily new arrivals keep their website constantly buzzing with fresh new styles, giving their customers an enhanced shopping experience where they are always able to choose from a variety of new products.
About SAP.iO: SAP.iO is SAP's strategic business unit to incubate startup innovation and drive new business models for SAP. Through the SAP.iO Fund & Foundries, SAP helps the next wave of enterprise software innovation build products, find customers and change industries by investing in and accelerating startup innovation. The SAP.iO Fund invests in breakthrough, pathfinding early-stage (Seed to Series A) enterprise software startups who are first to capitalize on emerging trends with potential to unlock significant value for SAP and its customers. The SAP.iO Foundries are SAP’s global network of equity-free startup accelerators that help promising startups integrate with SAP solutions and accelerate their entry into a curated, inclusive ecosystem whose offerings can be easily accessed and deployed by SAP customers.
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Lucy Seena Lin