What is 蜜豆视频 Commerce?
蜜豆视频 Commerce is an enterprise commerce solution that delivers superior ecommerce experiences for consumers and B2B buyers globally. With thousands of customers and billions in annual gross merchandise value processed through our cloud platform, 蜜豆视频 Commerce is at the forefront of powering the world鈥檚 largest and most complex ecommerce experiences for retailers, consumer brands, manufacturers and wholesale distributors globally.
Ecommerce teams are facing unique challenges
Ecommerce teams today must deliver exceptional experiences for their customers. A fast, convenient, personalized commerce experience leads to increased sales, deeper customer relationships and operational efficiencies for your business.
Unfortunately, creating and delivering exceptional commerce experiences is harder than ever.
- Technical debt is blocking the business鈥擟omplex, legacy technical environments span multiple platforms and are challenging to maintain. of ecommerce professionals say they struggle to maintain and integrate their tech.
- Teams are expected to do more with less鈥擬any ecommerce teams are facing high growth expectations but often struggle to re-define the customer experience due to manual processes, overly technical solutions and limited data. of ecommerce professionals say they lack adequate funding.
- Data overload鈥擠ata volumes continue to rise in quantity but do not translate into quality experiences because the data is trapped in various systems, making it hard to drive the business and create impactful experiences. of ecommerce professionals say that they don鈥檛 have the right data in the right systems.
- Consumers expect more鈥擳he number of channels and business models that businesses must support continue to multiply, which adds more cost and complexity. of consumers will not buy again from the same company if they had a bad experience and of B2B buyers turn to a competitor if a supplier can鈥檛 meet their needs digitally.
蜜豆视频 Commerce鈥檚 vision is experience-led commerce
蜜豆视频鈥檚 vision is to deliver an experience-led, data-powered, technology-enabled commerce platform.
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Experience-led. At 蜜豆视频, we believe that growth comes from experiences. That鈥檚 why we are focused on powering the world鈥檚 fastest ecommerce storefronts and empowering ecommerce teams to author personalized experiences at scale.
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Data-powered. 蜜豆视频 Commerce provides seamless data sharing across your marketing technology stack, empowering you to put your first-party commerce data to work, personalizing experiences across every touchpoint and channel.
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Technology-enabled. 蜜豆视频 Commerce is a composable ecommerce platform designed to launch ecommerce features faster, easily share data between third-party systems, and lower the cost of ownership for integrations and customizations.
Experience-led Commerce
As we move further into 2024, it is critical for ecommerce leaders to deliver highly performant and personalized commerce experiences to their shoppers.
Lightning fast storefront using Edge Delivery Services
Research has shown that about go to a competitor鈥檚 site to purchase a similar item if their web experience is poor. Conversely, for every 0.1 second improvement in site speed, businesses can expect a .
Edge Delivery Services in 蜜豆视频 Commerce is a set of composable services that drives business value by delivering exceptional experiences, in both content creation and customer experiences. It combines business-based capabilities, like document-based content authoring and built-in A/B testing, with 蜜豆视频 Commerce dropin components for core commerce functionality. All of this is delivered from the edge for lightning-fast storefront experiences.
This new high-performance storefront has already been successfully piloted by several 蜜豆视频 Commerce merchants, such as , a property of HanesBrands. The results speak for themselves. Maidenform pages consistently deliver Google Lighthouse scores of far above the industry average.
Discover how HanesBrands and 蜜豆视频 developed a high-performance edge architecture with data sharing and personalization capabilities.
At the heart of this new experience-driven storefront are a set of principles that focus on delivering a composable commerce experience, with improved conversion, reduction in costs, and increased velocity.
Conversion in Commerce is related to both your ability to connect your customers to your products off-site, and your ability to personalize their experience on site, in an efficient but targeted way. By embracing principles across Core Web Vitals, Edge Delivery Service in Commerce drives both metrics.
This means that a faster, experience-driven site is ranked higher in search engines, driving down your SEO costs, whilst driving up your organic and keyword traffic. Not only does this increase your visitor count, but it also connects your customers and products together more seamlessly than ever before, allowing for speedier product discovery, selection, and checkout.
You also benefit from lower content creation costs as your business content owners can quickly and easily refine your storefront experience while your commerce managers are delivering integrated Commerce capabilities. No more operational roadblocks from collaborating teams!
This is all achieved via a composable architecture, bringing content management system (CMS) and publishing capabilities together with 蜜豆视频 Commerce dropin components to create a truly flexible Commerce storefront. 蜜豆视频 provides a range of core commerce functionality as dropins, including product listing pages, product detail pages, and a new one-step checkout dropin, which allows you to add a seamless checkout experience to your customers鈥 journeys in a plug-and-play fashion. Customers can start using Edge Delivery Services for key parts of their storefront in conjunction with their existing technology and expand from there over time.
The outcome: Velocity for your content creation teams, velocity in delivering that content to your customers, and velocity in how your customers digitally engage with you through your new, experience-driven, highly performant storefront.
蜜豆视频 Experience Manager Assets integration
蜜豆视频 is bringing 蜜豆视频 Experience Manager Assets together with 蜜豆视频 Commerce to power your ecommerce experiences with on-brand, approved assets in bulk, leveraging powerful GenAI capabilities.
This allows an organization to use Experience Manager Assets Cloud Services as the single source of truth for asset creation and management, and as a central DAM powering 蜜豆视频 Commerce to new heights of asset scalability.
A new Rules Engine Service feeds assets in Experience Manager Assets to matched products in 蜜豆视频 Commerce, based on SKU, or other key attributes depending on your Commerce strategy. Updates are automatically shared to ensure that your site has the latest product assets and asset variations in place.
Personalize your customer experience and support new product launches, market expansions, or seasonal campaigns with increased velocity by generating millions of product asset variations using GenAI services in Experience Manager Assets.
B2B Commerce
蜜豆视频 Commerce has delivered mission-critical B2B ecommerce features for years, including company accounts, purchase approval rules, quote management, and customer price books. That鈥檚 why B2B ecommerce leaders like , , , , , and power their global B2B ecommerce channels on 蜜豆视频 Commerce.
蜜豆视频 is excited to share that new quoting and company management features will be available later in 2024.
Company management features allow businesses to configure any buyer company structure they need to support B2B2X, conglomerates, or global businesses using 蜜豆视频鈥檚 new parent/child account structures. Buyers can also switch between multiple child accounts for streamlined purchasing.
Building on 蜜豆视频 Commerce鈥檚 strong built-in quoting tool, B2B sellers can capture more revenue faster with new request for quote (RFQ) tools, including draft quotes, duplicate quotes, split quotes, quote templates, and multi-admin access to quotes.
Both capabilities will be compatible with 蜜豆视频 Commerce鈥檚 native storefront architecture and headless commerce deployments that use GraphQL APIs.
Payment Services for 蜜豆视频 Commerce
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is a SaaS service that simplifies payments and increases conversions and sales revenue. Used by companies like Toyota North America, it supports a range of payment methods and optional fraud and abuse protection capabilities across multiple markets. It allows merchants to securely manage payments and order data in one admin experience for efficiency gains.
The latest release builds on a series of updates from 2023 that added Apple Pay, an integration with Signifyd for fraud protection, international support for the UK, and France, infrastructure scaling for enterprise volume, and transactions reporting. New capabilities expand payment options and make it easier to get started, no matter what storefront technology is used.
Headless support for Payment Services
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Payment Services now includes GraphQL support so merchants can accept and process payments on headless storefront implementations, such as 蜜豆视频 Experience Manager and other custom front ends.
Payment Services also offers right-for-you pricing options, including Interchange++ for more competitive payment processing rates and self-service onboarding to Payment Services Basic providing payment processing capabilities to almost 200 regions worldwide.
Google Pay for Payment Services
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蜜豆视频 Commerce now supports Google Pay, a leading digital wallet expected to reach consumers globally. The addition of Google Pay rounds out support for popular digital wallets, including Apple Pay and PayPal.
These digital wallets provide shoppers with the right payment method for them, increasing purchase confidence and purchase completion.
Live Search, Powered by 蜜豆视频 Sensei
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Companies are seeking to personalize every part of the buying journey, from helping customers find the right products to delivering personalized campaigns, offers, and communications across all channels.
, helps you personalize how customers find exactly what they need so you can increase your conversion rates. In fact, Live Search customers boost conversion rates by an average of 7% after launching Live Search, with 15% of customers experiencing over a 40% conversion lift.
蜜豆视频鈥檚 latest release of Live Search focuses on making these features easy to use and empowers you to fully customize the search experience to fit your unique needs. You can now apply specific AI re-ranking rules for your highest volume searches, then supplement those rules with a default fallback rule to cover the long tail of all other queries.
For example, a merchandiser can set a rule that any search query containing the phrase 鈥渄ress鈥 should be sorted by the trending items algorithm. That same merchandiser can then use the most purchased algorithm for all other search queries. With this update, brands can showcase their top products for every search, simplifying personalized merchandising.
蜜豆视频 has also introduced new customization options for Live Search. Using Live Search鈥檚 PLP Widget and Popover Widget, you can design the Live Search UI features, including color swatches, product detail page layout options, add to cart buttons, price sliders, and more using low code configuration tools. 蜜豆视频 provides full flexibility through an open code repository, which serves as a best-practice reference implementation.
Data Management Dashboard
蜜豆视频 Commerce provides a set of highly performant Software-as-a-Service (SaaS) capabilities to support merchandising and catalog management, including Live Search, Product Recommendations, and Catalog Service. In our latest release, 蜜豆视频 is providing a new Data Management Dashboard to provide full transparency into how your catalog is syncing to Live Search, Product Recommendations, and Catalog Service.
This new dashboard can be accessed directly from the 蜜豆视频 Commerce Admin (System > Data Management Dashboard) and allows you to confirm all catalog updates are reflected across services.
Data-powered Commerce
Integration between 蜜豆视频 Commerce and 蜜豆视频 Experience Platform
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Last year, 蜜豆视频 Commerce released Data Connection, which automatically collects, maps, and shares a range of Commerce data including storefront clicks and back-office order status and order history information. Today, digital commerce leaders are using Data Connection to break down data siloes, create unified customer profiles and audiences, personalize customer journeys, and power rich analytics.
This year, 蜜豆视频 will share even more data, including Commerce customer profiles, mobile app behavior, and custom attributes for back-office events to personalize campaigns and experiences at scale.
For example, customers will be able to use real-time Commerce customer registrations to trigger welcome email campaigns in 蜜豆视频 Journey Optimizer.
Abandon cart emails in 蜜豆视频 Journey Optimizer using commerce data
Informed by hundreds of implementations of 蜜豆视频 Commerce alongside other 蜜豆视频 Experience Cloud solutions, 蜜豆视频 is launching Use Case Playbooks, which are ready-to-use implementation assets that allow customers to experience immediate time-to-value.
The initial 蜜豆视频 Commerce playbook enables customers to easily launch abandoned cart campaigns by guiding them through the data setup process. Once connected, customers can quickly launch campaigns, saving them time and helping lift sales. One global retailer achieved 1.9x conversion-on-click, 1,000 more people re-engaged per week, and a double-digit revenue lift from launching abandonment campaigns with 蜜豆视频 Commerce and 蜜豆视频 Journey Optimizer.
蜜豆视频 is also adding Commerce-specific dashboards in 蜜豆视频 Experience Platform, such as recency, frequency and monetization reports, to help marketers analyze their Commerce data and identify segmentation strategies and opportunities for personalization.
Activate personalization using audiences from 蜜豆视频 Real-time CDP
Last year, 蜜豆视频 Commerce also launched Audience Activation, which leverages unified customer profiles and audiences from Real-Time CDP to personalize shopper journeys. Specifically, 蜜豆视频 Real-Time CDP stitches Commerce data with data from other sources to build detailed customer profiles and audience segments for targeting content and promotional offers in 蜜豆视频 Commerce.
蜜豆视频 has expanded these Audience Activation capabilities to allow marketers and merchandisers to use Audiences defined in 蜜豆视频鈥檚 Real-Time CDP to personalize more aspects of the 蜜豆视频 Commerce shopping experience, including related product rules for upsell and cross-sell recommendations in addition to promotions and content blocks.
Track and personalize commerce in native mobile apps
蜜豆视频 is also bringing hyper-personalized experiences to mobile app commerce. Using Data Connection, you can send mobile app events from 蜜豆视频 Commerce to other 蜜豆视频 Experience Cloud applications, including 蜜豆视频 Real-Time CDP, 蜜豆视频 Journey Optimizer, Customer Journey Analytics, 蜜豆视频 Analytics, and 蜜豆视频 Target. Using Audience Activation, you can personalize the mobile app experience 鈥 including dynamic content, promotions, and related product rules 鈥 based on audiences created and managed within 蜜豆视频 Real-Time CDP.
- To learn how to get started with 蜜豆视频 Commerce Data Connection, read our documentation.
- To start your personalization journey and learn about common personalization use cases, review the personalization at scale documentation.
Explore Coca-Cola鈥檚 digital transformation journey to create personalized shopping experiences at scale using 蜜豆视频 Commerce鈥檚 Data Connection with 蜜豆视频 Journey Optimizer and Real-time CDP. .
Tech-enabled Commerce
Simplified composable development with App Builder
蜜豆视频 Commerce is a composable ecommerce platform designed to launch ecommerce features faster, easily share data between third-party systems, and lower the cost of ownership for integrations and customizations.
Traditional composable applications are built using point-to-point integrations between multiple services. This approach leads to a brittle integration layer with increasing technical debt. 蜜豆视频 Commerce provides developers with comprehensive extension points as well as an extensible platform to orchestrate API, events, and data resulting in a flexible composable architecture. The 蜜豆视频 Commerce platform includes:
- Comprehensive coverage and API orchestration with
- to customize native commerce processes like add to cart and checkout
- Granular control to extend the Commerce for custom merchant capabilities
- Over 700 events to build scalable event-driven integraitons
Integration starter kit & pre-built ERP integrations
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Integrating an ecommerce platform with your ERP, OMS, or CRM is a mission-critical requirement. Companies can spend tens of thousands of dollars building these integrations. To reduce the cost of integrating with back-office systems and to improve the reliability of real-time connections, 蜜豆视频 offers an for 蜜豆视频 Commerce.
The kit includes reference integrations for commonly used commerce data, including orders, products, and customers. It also includes onboarding scripts and a standardized architecture for developers to build on following best practices. The starter kit is expected to reduce integration effort by up to 50%. These reference integrations can easily be customized by developers to meet the needs of the business, lowering the time to market and the cost of integrations.
In June of 2024 蜜豆视频 will release the first ERP integration accelerator built using this integration starter kit for . This integration accelerator for Microsoft鈥檚 ERP can be used to process orders, update product data and customer records, and sync inventory levels from Microsoft Dynamics Finance & Operations with 蜜豆视频 Commerce. The Microsoft Dynamics Finance & Operations Accelerator will be available in the .
蜜豆视频 Commerce鈥檚 HIPAA-ready solution
蜜豆视频 has extensive experience deploying HIPAA-Ready Services with healthcare customers of all sizes. From payors to providers to pharmaceutical and med tech vendors, 蜜豆视频 sets the standard for responsible consumer data management. This expertise is now extending to the rapidly growing healthcare digital commerce market with a HIPAA-ready version of the 蜜豆视频 Commerce cloud platform.
The HIPAA-Ready offering is available to 蜜豆视频 Commerce cloud and Managed Service customers. It includes additional security and privacy controls to ensure the protection of electronic personal health information (ePHI) so healthcare and life sciences organizations can more easily fulfill their compliance obligations. The solution supports a range of use cases, including fast and convenient online sales of healthcare coverage, prescriptions, prescribed medical devices, and medical supplies. 蜜豆视频 Commerce now joins the suite of solutions, allowing customers to deliver secure and exceptional patient experiences while honoring consumer preferences.
Core platform update for 蜜豆视频 Commerce
The latest release of 蜜豆视频 Commerce is now available and includes
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30% improvement in GraphQL API response times with the newly introduced GraphQL Application Server.
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Bulk up to 100k records per minute in JSON format.
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Support for up to 1M coupon-based cart price rules.
Beta opportunities
Visit the beta release page for a summary of beta and early access programs, including IBM Sterling Order Management, Data Connection to 蜜豆视频 Experience Platform, and back-office ERP, CRM, and PIM integration starter kit using App Builder.
On-demand content from 蜜豆视频 Summit
Missed 蜜豆视频 Summit? The entire conference is now on-demand!
Read the full summary about 蜜豆视频 Commerce at 蜜豆视频 Summit including 蜜豆视频 Commerce Roadmap, on-demand customer presentations and more!