Ottawa/Helsinki – October 2nd, 2014 – Nosto Solutions Ltd, the plug and play recommendation engine, has today announced a global strategic partnership with Shopify, the industry leading commerce platform that allows anyone to sell online, in store and everywhere in between. The partnership provides Shopify’s client base of over 120,000 retailers with access to enterprise-level recommendations and personalization features within minutes.
Nosto is the fastest-growing personalization solution in Europe, working with over 1,500 retailers including The ICONIC, Lush, Björn Borg and Bauhaus. Nosto is reported to increase on average the conversion rate of customers clicking on its recommendations by 65% and average order value by 25%.
Shopify powers over 120,000 online stores from small startups to large enterprises, such as Tesla Motors, Gatorade, Google, Wikipedia and LA Lakers. Now, through today’s partnership, Shopify retailers who use the Nosto app will benefit from advanced and automated product recommendations, real-time analytics and powerful personalization features. This offers the end customer an exceptional experience, while easily and effectively increasing online sales for the retailer.
“Nosto has created one of the most comprehensive, easy-to-use solutions for product recommendations on Shopify. We’re incredibly excited to get their product into the hands of our merchants.” says Blair Beckwith, App Store Lead at Shopify.”
“Our mission is to make online shopping more enjoyable by delivering customers personalized shopping experiences. We are thrilled to be working with Shopify finally enabling Shopify retailers to benefit from personalization technology which has been proven to significantly impact online store performance, but which has until now been out of their reach. Nosto’s personalization solution helps people connect with the products they want across their entire shopping journey” says Juha Valvanne, Founder and CEO of Nosto Solutions.
The Nosto app is available for download in the Shopify App Store.
Shopify is a commerce platform that allows anyone to easily sell online, at their retail location, and everywhere in between. Shopify offers a professional online storefront, a payment solution to accept credit cards, a point of sale system to power retail sales and a card reader to process credit card transactions through a mobile phone. Shopify currently powers over 120,000 retailers in 150 different countries, including: Tesla Motors, Gatorade, Google, Wikipedia, LA Lakers, Budweiser, and many more. Shopify was founded in 2006 and it has received $122 million in funding from OMERS Ventures, Insight Venture Partners, Bessemer Venture Partners, FirstMark Capital, Felicis Ventures, and Georgian Partners. www.shopify.com.
Nosto is an e-commerce software company providing a SaaS solution that transforms online shops from one-size-fits-all offerings to relevant, personalized experiences, updated dynamically and in real-time. Nosto tracks visitor behavior in online stores enabling merchants to tailor shopping experiences with automatic product recommendations based on individual behavioral data.
Founded in Helsinki in 2011, the company operates from offices in Berlin, London and Stockholm currently powering 1500+ online stores in over 50 countries. For more information please visit www.nosto.com