Infobip and Spryker partner to help businesses deliver more personal shopping experiences
Firms also unveil six pivotal trends to help retailers boost revenues
Vodnjan, Croatia, September 13, 2023 – Global cloud communications platform Infobip has partnered with Spryker, a leading composable commerce platform for sophisticated use cases in B2B Commerce, Enterprise Marketplaces, and Thing Commerce. The collaboration aims to help businesses deliver more personalized shopping experiences, optimize customer engagement, and drive revenue growth.
In today’s fast-paced digital world, consumers crave conversational experiences with their favourite business or brand on their go-to communications channel. Businesses and retailers especially need to be able to provide their customers with a personal experience on the channels (communication media of their preference) they use every day. While partnering with Infobip, Spryker will be able to provide Infobip’s CPaaS and Conversational Experience solutions to their customers across manufacturing, hardware distribution, and automotive industries faster and in a more personalized experience via their digital marketplace. These top organizations can now access the marketplace via conversational touchpoints, such as push notifications and chatbots.
Coinciding with their partnership, Spryker and Infobip have revealed six trends for retailers to boost revenues using Composable Commerce, Conversational Experiences and Artificial Intelligence (AI):
- The Conversational era has arrived: Everything is becoming conversational. Customers expect conversations with retailers across the entire journey on one device and channel. As a result, retailers need to offer large-scale escalation of two-way conversations throughout the customer journey, with app-like experiences in chat apps.
- Personalization with Composable Commerce: Retailers can use permissible customer data like browsing history and preferences to offer personalized recommendations and promotions, enhancing the shopper’s experience. This leads to higher conversion rates and ROI alongside improved customer loyalty.
- Intelligent strategies for efficiency: AI and analytics are paving the way for hyper-personalized customer experiences throughout the entire journey of customers for retailers. These technologies offer anything from handling basic queries and predicting customer behaviours to enabling real-time responses. By integrating AI and analytics throughout the customer journey, retailers can further enhance loyalty and brand recognition.
- Omnichannel Integration: Composable Commerce combined with conversational experience solutions allow retailers to seamlessly merge online and offline channels, offering a consistent shopping experience across e-commerce sites, mobile apps, social media, chat apps and physical stores. Features like buy online, pick up in-store, endless aisle, and real-time inventory visibility especially when exposed in common chat apps can attract customers, drive sales, and increase profitability.
- Agile and Scalable Technology: Composable Commerce offers retailers an adaptable and scalable tech infrastructure. Businesses can quickly adapt to market shifts and customer needs by integrating top-tier software through APIs. This flexibility lets retailers innovate, efficiently scale, and improve revenue. Cloud-based solutions have superior performance and cost-effectiveness.
- Hyper-Automation through AI-powered chatbots: The adoption and scaling of automated chatbots is revolutionizing the customer experience for retailers. Improvements in text, voice, and video chatbots, like integrations with ChatGPT, provide retailers with automation, speed, and availability. Retailers are increasingly adopting intelligent virtual assistants to streamline customer service, enable up-and-cross-selling, marketing and sales automation leading to enhanced ROI.
Manishi Singh, SVP of App Composition Platform at Spryker, said: “We are thrilled to partner with Infobip, a leading omnichannel communication solutions provider. This collaboration amplifies our commitment to empowering digital businesses to reach their goals more efficiently through composable commerce. By leveraging Infobip’s capabilities, we will enable businesses to deliver more personalized shopping experiences, optimize customer engagement, and drive new and increased revenue growth. Together, with Spryker’s composable platform designed specifically for sophisticated transactions, our customers will be able to adapt, grow and differentiate in a challenging and ever-changing market.”
With the growing trend for consumers wanting to interact with a business or brand through conversational chat channels, it is becoming even more important for firms to offer such experiences. Our partnership with Spryker enables businesses to access our innovative conversational solutions such as our AI-powered conversational Experiences platform that helps turbocharge digital transformation and deliver more personal experiences. This collaboration further demonstrates why we are the market-leading communications platform for every platform.”
Ivan Ostojic
Chief Business Officer at Infobip
Manishi Singh concluded: “By embracing personalization, omnichannel integration, and an agile technology infrastructure through composable commerce, businesses can enhance their revenue results for upcoming shopping seasons. These practices empower businesses to provide exceptional customer experiences, optimize their sales channels, and quickly adapt to market dynamics, ultimately driving growth and profitability.”
About Infobip
Infobip is a global cloud communications platform that enables businesses to build connected experiences across all stages of the customer journey. Accessed through a single platform, Infobip’s omnichannel engagement, identity, user authentication and contact centre solutions help businesses and partners overcome the complexity of consumer communications to grow business and increase loyalty. With over a decade of industry experience, Infobip has expanded to 75+ offices globally. It offers natively built technology with the capacity to reach over seven billion mobile devices and ‘things’ in 6 continents connected to over 9,700+ connections of which 800+ are direct operator connections. Infobip was established in 2006 and is led by its co-founders, CEO Silvio Kutić, Roberto Kutić and Izabel Jelenić.
Recent award wins include:
- Infobip named a Leader in the IDC MarketScape: Worldwide Communications Platform-as-a-Service (CPaaS) 2023 Vendor Assessment (doc #US50607923, May 2023)
- Infobip named a leader in the CPaaS Leaderboard, Juniper Research (Feb 2023)
- Infobip named a leader in the CCaaS Leaderboard, Juniper Research (Aug 2022)
- Omdia Ranks Infobip as Leader in CPaaS Universe Report (May 2022)
- Ranked the leading service provider in CPaaS by Juniper Research in its new Competitor Leaderboard CPaaS Vendors (October 2021)
- Infobip named a Leader in the IDC MarketScape: Worldwide Communications Platform-as-a-Service (CPaaS) 2021 Vendor Assessment (doc #US46746221, May 2021)
- Best A2P SMS provider for the fourth year running by mobile operators and enterprises in ROCCO’s annual Messaging Vendor Benchmarking Report
- Best CPaaS Provider of the Year, Best RCS Provider of the Year, and Mover & Shaker in Telco Innovation at the 2021 Juniper Digital Awards
About Spyker
Spryker is the leading composable commerce platform for enterprises with sophisticated business models to enable growth, innovation, and differentiation. Designed specifically for sophisticated transactional business, Spryker’s easy-to-use, headless, API-first model offers a best-of-breed approach that provides businesses the flexibility to adapt, scale, and quickly go to market while facilitating faster time-to-value throughout their digital transformation journey. As a global platform leader for B2B and B2C Enterprise Marketplaces, Thing Commerce, and Unified Commerce, Spryker has empowered 150+ global enterprise customers worldwide and is trusted by brands such as ALDI, Siemens, Hilti, and Ricoh. Spryker is a privately held technology company headquartered in Berlin and New York backed by world class investors such as TCV, One Peak Partners, ProjectA, Cherry Ventures, and Maverick Capital. Learn more at spryker.com.
