|
Nosto reports 323% growth of Personalized Search after 2024 Gartner MQ inclusion
Friday, March 28, 2025
Nosto reports that the number of search queries on websites powered by its new AI search technology increased by 323% in 2024. As a result, Nosto's search solution generated 1024% more revenue for brands.
NEW YORK, March 24, 2025 /PRNewswire-PRWeb/ -- Nosto, the leading Commerce Experience Platform (CXP), has reported that the number of search queries on websites powered by Nosto's new AI search technology increased by 323% in 2024. As a result, Nosto's search solution generated a staggering 1024% more revenue for brands between 2023 and 2024. Within this same period, the number of brands using its CXP for on-site search grew by 85%.
"We're thrilled to see the traction our search product has gained, stemming largely from large Shopify enterprise brands, and more importantly, the revenue growth it's driven for our clients," Jim Lofgren, CEO of Nosto.Nosto's Personalized Search solution helps brands deliver hyper-relevant search experiences for different shoppers. Through this technology, brands can ensure their search results are personalized for users and aligned with their business goals.
"We're thrilled to see the traction our search product has gained, stemming largely from large Shopify enterprise brands, and more importantly, the revenue growth it's driven for our clients. The inclusion in Gartner's Magic Quadrant last year has also underscored how quickly we've become a leader in AI-powered personalized search for ecommerce", says Jim Lofgren, CEO of Nosto.
During the last year, Nosto's Personalized Search solution has had notable developments, including 'Score Insights', a unique feature that equips merchants with detailed information to help them understand the logic behind their search results listings without needing technical support.
Premium fashion label, A.L.C, is one brand leveraging Nosto's Personalized Search, and highlights the efficacy of the solution, "Being able to leverage AI is best, especially because we don't have to manually change anything. We worked closely with the Nosto team to determine the look and feel, and the client management is off the charts. Overall, it took less than a month to get Search up. That, and there wasn't any undue burden or stress on our development resources", says Hilary Peterson, SVP Marketing & Digital of A.L.C.
Additional retailers using Nosto's Personalized Search solution include Diane Von Furstenberg, Tuckernuck, and Perry Ellis.
About Nosto
Nosto is the intelligent Commerce Experience Platform (CXP) that gives brands and retailers intuitively designed tools to increase online revenue through end-to-end commerce experience management.
With experience.AI(TM), Nosto helps brands enrich and activate customer, product and content data in real-time across personalization, product discovery, and user-generated content to deliver high-performing commerce experiences at scale.
Nosto supports intelligent commerce experiences for more than 1,500 brands in over 100 countries, including Kylie Cosmetics, Dermalogica, Belstaff, The Travel Corporation, BYLT Basics, Douglas, MUJI, Flight Center, Lord and Taylor, Vuori, FIGS and more.
Media Contact
Eve Rouse, Nosto, 44 7305273681, eve.rouse@nosto.com, https://www.nosto.com/
View original content to download multimedia:https://www.prweb.com/releases/nosto-reports-323-growth-of-personalized-search-after-2024-gartner-mq-inclusion-302408083.html
SOURCE Nosto
|
|
|
|
|
|
 |
Oracle Helps Customers Boost Employee Engagement with Strategic Communications and Internal Events | Mar 28, 2025
|
|
VIAVI Highlights Test Solutions for AI Infrastructure Development, Manufacturing and Deployment at OFC 2025 | Mar 28, 2025
|
|
ThreatQuotient positioned as a Leader in the SPARK Matrix(TM): Digital Threat Intelligence Management, 2025 by QKS Group | Mar 28, 2025
|
|
Orium Launches Composable Accelerator for Shopify | Mar 28, 2025
|
|
Madame Rachida Dati, French Minister of Culture, has granted official recognition to thierry Ehrmann's Abode of Chaos as a 'total work of art', the global headquarters of Artprice by Artmarket. | Mar 28, 2025
|
|
Western Union forms strategic partnership with HCLTech to transition to an AI led platform operating model | Mar 28, 2025
|
|
Datacenter Dynamics Makes History with LoneStar - Becoming the World's First Magazine to Reach the Moon | Mar 28, 2025
|
|
Direct Digital Holdings Launches "Practical Generative AI Use Cases & Tools for DMOs" to Help Break New Ground in Destination Marketing With AI | Mar 28, 2025
|
|
Wealthbox Expands to Canada with In-Country Data Hosting | Mar 28, 2025
|
|
Paradigm Health Announces Oncology and Healthcare Expert Dr. Karen E. Knudsen Appointed to Board of Directors and Launch of New AI-Driven Solution for Clinical Trial Data Collection and Management | Mar 28, 2025
|
|
|
|
