ViSenze Pte. Ltd. (Headquarters: Singapore, CEO: Oliver Tan, hereinafter referred to as “ViSenze”), which provides AI-powered product recommendations and search solutions, has collaborated with FutureShop Co.,Ltd. (Headquarters: Kita-ku, Osaka, CEO: Yuko Hoshino, hereinafter referred to as “Future Shop”), which provides the SaaS-type EC site construction platform “Future Shop”.
ViSenze, a pioneer and leader in AI-powered recommendations and search, and Future Shop, a leading SaaS e-commerce retail platform, are thrilled to announce their strategic partnership today to enable accelerated e-commerce growth for Future Shop merchants.
With this collaboration, Future Shop merchants can easily and quickly launch product recommendations and visual search by integrating with ViSenze’s AI-powered product discovery platform, thereby ensuring quick revenue growth.
Once integrated with ViSenze, Future Shop merchants can automatically deliver personalized recommendations, such as visually similar and complementary strategies, using AI stylist solutions. This will ultimately optimize the customer journey and boost conversions, average order value (AOV), and revenue. After introducing ViSenze’s AI-powered recommendations and visual search, one of the merchants on Future Shop achieved a 40X ROI and 6 million yen in additional sales in just one month.
Research from McKinsey & Company shows that businesses that provide a seamless and personalized shopping experience are likely to experience a 10-15% increase in revenue, further underlining the impact of AI-powered solutions on business growth.
“The partnership with Future Shop presents an incredible opportunity for us to extend the reach of our world-class AI-powered discovery platform to a broader spectrum of businesses in Japan. By enabling more effective product discovery and recommendations for Future Shop merchants, we aim to support their business growth and drive unparalleled value,” said Oliver Tan, CEO and Co-Founder of ViSenze.
More than 300 e-commerce sites/apps worldwide, including Rakuten, Matsuya, and many leading global fashion and luxury brands, use ViSenze’s trusted solutions to power over a billion queries yearly and improve conversions, basket size, and ROI (return on investment), thus increasing sales.
“We are very pleased to be able to provide a valuable consumer experience through this collaboration with ViSenze and to provide Future Shop customers with solutions that have a proven track record worldwide,” said Future Shop’s CEO Yuko Hoshino. “By utilizing the image search and recommendation solutions e-commerce shoppers will be able to more easily find products that match their tastes and needs. We are confident that this improved customer experience will greatly contribute to the sales of stores using Future Shop and in the Japanese e-commerce industry overall.”
The strategic partnership between Future Shop and ViSenze signifies a pivotal moment in the evolution of commerce search and recommendations in Japan. It promises to deliver a new standard of shopper engagement and product discovery for retailers.
For further information or media inquiries, please contact connect@visenze.com
About ViSenze:
ViSenze is a leading AI-powered visual search and recommendations platform that enables the world’s leading retailers to help their customers simply ‘See. Style. Shop’. ViSenze’s product discovery solutions are trusted by Rakuten, Myntra, Zalora, Mango, and Target, among others.
ViSenze processes over a billion queries a month globally from retailers, helping them increase conversions and amplify revenue growth. Know more about ViSenze here – Smart Search and Recommendations| ViSenze.
