Next Best Offer
Next Best Offer
Predicts the best timing and next purchases to make a personalized offer to your clientRequest a demo
Companies aggregate a huge amount of data on their customers every day. Lots of customers behave in almost the same way, so the Next Best Offer technology can build consumption chains based on this data.For example, if the customer ordered clothing for a 6-months-old baby, they most likely need clothing for a 1-year-old baby in 6 months.
As soon as the new customer makes their first purchase purchase, AI identifies their stage in the consumption chain. Then it predicts products the customer should be interested in in the nearest future and defines the best timing to make a personal offer.
How AI predicts the next purchase:
Each customer can be attributed to various consumption chains simultaneously based on his purchase history. AI defines the most relevant offers from your store and combines them in a single communication.
Case studies on strategic marketing driven by Big Data
RETAIL ROCKET'S SOCIAL ACTION: CHRISTMAS, A TIME FOR GIVING
Retail Rocket and JMango360 join forces in a strategic partnership to create a unique shopping experience for each single user in Mobile apps
Retail Rocket launches the Sponsored Products: a new personalization algorithm to increase the revenue of multi-brand online stores
Thousands of clients worldwide
generated €385 981 789 additional revenue last year using Retail Rocket
Learn how Next Best Offer works
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We can jump on an intro-call, visit you or arrange a meeting at the Retail Rocket office.Request a demo
Retention Management Platform modules
Campaign Management System
Increase your revenue and customer engagement by cross-channel communications in emails, push and sms.
Customer Intelligence Platform
Opens up opportunities for your strategic customer database marketing to boost LTV and revenue
Joins online and offline customers data in a single storage and quickly creates segments for any marketing needs
AI Personalization Engine
Defines the best timing and communication channel to make a personalized offer to your client