Boosting Online Jewelry Sales with Hyper-Personalized Interventions & Data-Driven Insights
Caratlane
Manufacturing

Boosting Online Jewelry Sales with Hyper-Personalized Interventions & Data-Driven Insights

Siloed data and limited personalization capabilities hindered these retailers’ ability to deliver relevant interventions and recommendations.

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Caratlane

Client

Manufacturing

Industry

Data Platform

Services

Increased Conversion Rates and Click-Through Rates

Increased Conversion Rates and Click-Through Rates

Key Result

The Challenge

  • Limited personalization

    Limited personalization

    Traditional personalization methods lacked context and real-time responsiveness, resulting in generic recommendations and missed opportunities.

  • Disparate data sources

    Disparate data sources

    Customer data was scattered across various systems, hindering a complete customer view and targeted marketing campaigns.

  • Latency issues

    Latency issues

    Existing infrastructure couldn't handle real-time data processing and analysis, leading to delayed personalized interventions.

Our Solution

  • Single and consolidated user profile

    Single and consolidated user profile

    Integrated data from diverse sources (website interactions, purchase history, etc.) to create a unified customer profile for personalized recommendations.

  • Personalized user interventions with milliseconds latencies

    Personalized user interventions with milliseconds latencies

    Utilized real-time data processing and analytics on AWS infrastructure to offer personalized interventions and recommendations with minimal delay.

  • Consolidated Data Lake

    Consolidated Data Lake

    Built a central data lake on AWS using Glue, S3, and Athena to store, manage, and integrate data from various sources.

  • EMR + PySpark

    EMR + PySpark

    Leveraged EMR for big data processing and PySpark for advanced data analysis to personalize interventions based on individual customer behavior and preferences.

  • EC2

    EC2

    Used EC2 instances for running application code and delivering personalized interventions at scale.

  • Cloudfront

    Cloudfront

    Employed Cloudfront for content delivery network (CDN) functionality to ensure fast and reliable delivery of personalized content

Business Impact

  • Increased Conversion Rates and Click-Through Rates

    Increased Conversion Rates and Click-Through Rates

    Personalized interventions led to a significant increase in conversion rates and click-through rates, directly impacting revenue growth.

  • Reduced Costs and Higher Margins

    Reduced Costs and Higher Margins

    Optimized operations and improved targeting reduced overall costs and increased profit margins.

  •  Increased Orders through Cross-Sell and Upsell

    Increased Orders through Cross-Sell and Upsell

    Personalized recommendations drove cross-sell and upsell opportunities, leading to a rise in order volume.