Brooks Brothers Partners with Monetate to Increase Ecommerce Conversion Rates
Brooks Brothers, the classic American retailer, has partnered with Monetate to leverage customer data and make real-time changes to its website that improve customer relevance and increase ecommerce revenue.
Using just one of the many powerful benefits of the Monetate Agility Suite, the retailer created a successful product badging campaign to highlight product attributes and help customers better understand each item. Brooks Brothers deployed badges with attributes like “New Arrival,” “Made in America” and “Collegiate,” initially running A/B/C tests using a combination of both text and images. In the most successful badging test, conversion rate increased 26 percent, revenue per visit went up 34 percent, and add-to-cart rates rose almost 5 percent.
“With 193 years in business we are America’s oldest fashion retailer, and our longstanding history is the direct result of a focus on innovation,” said Cindy Lincks, Director of Analytics at Brooks Brothers. “Leading through innovation is built into the fabric of our company, and Monetate is helping us live up to that commitment. Monetate’s technology has transformed the way we do business and produced incredible results.”
“Monetate makes it easy for retailers like Brooks Brothers to put big data to work in ways that drive business results,” said David Brussin, founder and CEO of Monetate. “It’s great to see Brooks Brothers create a culture of testing and website optimization across the organization that has led to higher conversions and an improved customer experience.”
The Monetate Agility Suite allows marketers to change anything, anywhere on the website, at any time making it easier than ever for brands to test an unlimited number of marketing campaigns, connect with key segments of website traffic in real time, maintain messaging consistency between distinct marketing channels throughout the purchasing cycle, and merchandise and display products optimally.
To learn more about the results of Brooks Brothers implementation of the Monetate Agility Suite, download theBrooks Brothers: A Badge of Success case study.
Monetate drives billions of dollars of revenue every year for some of the best-known brands in the world, including Best Buy, QVC, Urban Outfitters, Aeropostale, The Sports Authority, and PETCO. The company’s comprehensive product suite and conversion expertise enable marketers to deliver a more relevant customer experience with unprecedented agility.
Leading marketers rely on Monetate’s cloud-based browser technology to achieve a new level of speed and control, allowing them to run 16 times more optimization campaigns compared to industry averages. The Monetate Agility Suite includes advanced products for testing, merchandising, targeting, and cross-channel consistency, providing an opportunity to bypass IT restraints and react in real time to customer demands.
Monetate also helps marketers implement best practices and drive online revenue through its expert strategic services and content publishing teams. For more information visit http://monetate.com/ or follow us on Twitter @Monetate.