Enhancing Lotte.com Sales Through SAS Analytics Implementation

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AI Summary
This project examines how Lotte.com, the leading online shopping mall in Korea, implemented SAS analytics to address the issue of shopping cart abandonment and improve overall sales. The study explores the challenges faced by Lotte.com, including the need to understand customer behavior, identify profitable traffic channels, and enhance the online shopping experience for over 13 million customers. The project details the implementation of SAS analytics to build a customer behavior analysis database, measure website efficiency, and analyze customer interactions. The SAS system enabled Lotte.com to gain insights into customer preferences, personalize marketing efforts, and ultimately increase sales by identifying the reasons behind cart abandonment. The analysis covers various aspects, including web traffic, customer demographics, shopping cart conversion rates, and order processing stages, demonstrating how the SAS system helped Lotte.com make data-driven decisions to optimize its online platform and improve customer satisfaction. The project also highlights the benefits of the SAS system in terms of improved customer experiences, targeted channel marketing, and the ability to gain insight into individual customer needs and behaviors, leading to increased sales and revenue.
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Advanced Topics in Database Design And Management
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Abstract
This project objectives is understanding the why clients are desert shopping carts results in a
$10 Million deals increment on Lotte.com. The Lotte.com is the main web based shopping
center in Korea. This web based shopping center has in excess of 13 million clients and it has
built up a coordinated web movement investigation system by utilizing the SAS. The SAS
system is utilized for client encounter investigation. In this way, this web based shopping
center can enhance the online experience for their clients and additionally create the great
comes back from their showcasing efforts. In this way, lotte.com chose to execute the SAS
for client encounter investigation answers for enhance the deals and fulfil the client needs.
Every day, in excess of one million site guests are see the Lotte.com. Thus, it has to realize
the Lottie is have to distinguish what number of guests are making the buys and which
channel is bringing the most profitable movement. Once, exploring the numerous assorted the
methodologies and solutions, the lottie.com presented the coordinated web activity
examination system by utilizing the SAS investigation solution.
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Table of Contents
1 Introduction.................................................................................................................................3
2 Background Information............................................................................................................3
3 Identification of Problem............................................................................................................4
4 Problem Analysis.........................................................................................................................4
5 Question Answers........................................................................................................................5
5.1 Question 1.............................................................................................................................5
5.2 Question 2.............................................................................................................................6
5.3 Question 3.............................................................................................................................7
6 Conclusion....................................................................................................................................7
References............................................................................................................................................9
2
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1 Introduction
This project’s goal is to understand, why the consumers abandon the shopping carts,
which results in the sale of $10 Million i.e., an increase in Lotte.com. The Lotte.com is the
main web based shopping center in Korea. This web based shopping center has in excess of
13 million clients and it has built up an incorporated web movement investigation system by
utilizing the SAS. The SAS system is utilized for client encounter investigation. Along these
lines, this internet shopping center can enhance the online experience for their clients and
create the great comes back from their showcasing efforts. So, lotte.com decided to
implement the SAS for customer experience analytics solutions to improve the sales and
satisfy the customer needs. This system is used for executives, this can confirm the results
anytime, anywhere and make the immediate changes. Each day, more than one million web
site visitors are view the Lotte.com. Along these lines, it has to realize the Lottie is have to
recognize what number of guests are making the buys and which channel is bringing the most
significant movement. Once, surveying the numerous different the methodologies and
solutions, the lottie.com presented the incorporated web movement examination system by
utilizing the SAS investigation solution.
2 Background Information
The Lotte.com is the main web based shopping center in Korea. This web based
shopping center has in excess of 13 million clients and it has built up an incorporated web
movement investigation system by utilizing the SAS. The SAS system is utilized for client
encounter investigation. Along these lines, this internet shopping center can enhance the
online experience for their clients and create the great comes back from their showcasing
efforts. So, lotte.com decided to implement the SAS for customer experience analytics
solutions to improve the sales and satisfy the customer needs. This system is used for
executives can confirm the results anytime, anywhere and make the immediate changes. Each
day, more than one million web site visitors are view the Lotte.com. So, it needs to know the
Lottie is need to identify the number of visitors are purchasing, then which channel brings the
extremely valuable traffic. Once, various diverse approaches and solutions are reviewed, the
lottie.com has introduced an integrated web traffic analysis system, with the help of SAS
analytics solution (Balaraman & Chandrasekar, 2016).
In Korea, such a system is the first online conducting investigation system connected
with web based shopping center. This system effectively measure and break down the site
3
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guest numbers, buys and site visit status of the site guests. It likewise break down the fame of
each item and its class and that's only the tip of the iceberg. This investigate data are utilized
to empowers the better comprehend the client and its conduct on the web and direct the
modern, savvy focused on advertising. The SAS system is utilized to enhance the online
encounters for their clients and produce the better comes back from its showcasing efforts
(Fjermestad, Kudyba & Lawrence, 2018).
The lotte.com website is requires to build the customer behaviour analysis database to
measures every visitor, improve the site efficiency, what pages are visited, what are the
activities that are undertaken for enabling diverse analysis, and how visitors are navigate the
website. And, the database also captures the number of orders, number of attempts, shopping
cart conversion rate and size and customer demographic information. Examining the request
preparing stage deflects the most clients and settling those stages change rates can be
expanded in light of the fact that, at the point where breakaway happens, client conduct can
be figure and advanced promoting exercises can be attempted. Along these lines, plays out
the example examination of guests to affect the buys can be all the more successfully and
mirrored the client request continuously to guarantee the earlier reactions.
3 Identification of Problem
The lotte.com website is requires to build the customer behaviour analysis database to
measures every visitor, improve the site efficiency, what pages are visited, what are the
activities that are undertaken for enabling diverse analysis, and how visitors are navigate the
website because the current system does not provide the effective information about the
customer details and it does not provide web side efficiency. And, the website database does
not captures the number of orders, number of attempts, shopping cart conversion rate and size
and customer demographic information. This problem is leads to decrease the sales. So,
lotte.com needs to build the customer behaviour analysis to improve the sales and customer
satisfaction (K & Venkatapathy, 2014).
4 Problem Analysis
The distinguished issues are requirements to lessen by actualized the proposed SAS
system for Lotte.com. The SAS system is utilized to advance the advertising productivity
examination. The current system is simply investigating the guest numbers just be that as it
may, the SAS system is fit for dissecting the change rate like list of things to get, buy
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consummation, prompt buy, shopping basket contrasted with real guests for each battle type.
This system likewise affirm that most mainstream look words utilized by the site guests for
each acquired things, crusade type, and area. This system additionally decide the overlay
capacity to gauge the quantity of snaps and number of guests for every item present in the
page for deciding the incentive of each area of the page. This benefits are used to enables the
lotte.com to renew and replace the low traffic products (Kirby-Hawkins, Birkin & Clarke,
2018).
The proposed SAS system is used to enhance the satisfaction of customer and their
experience leads to increased sales, because the lotte.com website is requires to build the
customer behaviour analysis database to measures every visitor, improve the site efficiency,
what pages are visited, what are the activities that are undertaken for enabling diverse
analysis, and how visitors are navigate the website. And, the database also captures the
number of orders, number of attempts, shopping cart conversion rate and size and customer
demographic information. Examining the request preparing stage deflects the most clients
and settling those stages change rates can be expanded in light of the fact that, at the point
where breakaway happens, client conduct can be figure and advanced promoting exercises
can be attempted. Along these lines, plays out the example examination of guests to affect the
buys can be all the more successfully and mirrored the client request continuously to
guarantee the earlier reactions. So, satisfaction of customer has improved as lotte website
and also good insight into each customer interest, needs and behaviours (Konasani & Kadre,
2015).
Finally, Evaluating the SAS system is used for determining the customer service
improvement and the subjects of target marketing. Such system also helps in the success of
various campaigns. Also, this system has most popular benefits to gain insight into the
individual customer and various customer groups. It also achieved the better customer
experiences, targeted channel marketing and navigate throughout the web page. And, also
provided the information about the customer which is leads to provide the understanding of
the customers’ needs and interests. This system successfully identifying the shopping cart
abandonment to increases the first year sales is 8 million euros. The SAS system for customer
experience analytics was implemented to increases the sales (Schniederjans, Schniederjans &
Starkey, 2015).
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5 Question Answers
5.1 Question 1
The lotte.com website is successfully improve the sales by use the SAS analytics. The
Lotte.com is build the customer behaviour analysis database to measures every visitor,
improve the site efficiency, what pages are visited, what activities are undertaken to enable
the diverse analysis and how visitors are navigate the website. And, the database also
captures the number of orders, number of attempts, shopping cart conversion rate and size
and customer demographic information. Examining the request preparing stage deflects the
most clients and settling those stages change rates can be expanded in light of the fact that, at
the point where breakaway happens, client conduct can be figure and advanced promoting
exercises can be attempted. Along these lines, plays out the example examination of guests to
affect the buys can be all the more successfully and mirrored the client request continuously
to guarantee the earlier reactions. So, satisfaction of customer has improved as lotte website
and also good insight into each customer interest, needs and behaviours.
The proposed SAS system is used to enhance the satisfaction and experience of the
customers which leads to increased sales. It successfully build the customer behaviour
analysis database to measures every visitor, improve the site efficiency, what pages are
visited, what are the activities that are undertaken for enabling diverse analysis, and how
visitors are navigate the website. And, the database also captures the number of orders,
number of attempts, shopping cart conversion rate and size and customer demographic
information. Analysing the order processing stage deters the most customers and fixing those
stages conversion rates can be increased because, at the point where breakaway occurs,
customer behaviour can be forecast and sophisticated marketing activities can be undertaken.
So, performs the pattern analysis of visitors to influenced the purchases can be more
effectively and reflected the customer demand in real time to ensure the quicker responses.
So, customer satisfaction is improvised with the lotte website and also good insight into each
customer interest, needs and behaviours.
5.2 Question 2
6
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Lotte online shopping mall is capable of improving the online experience for its
customers, to generate good returns from its marketing campaigns. So, lotte.com has decided
to implement, SAS for providing customer experience analytics solutions, which improves
the sales and satisfy the customer needs. This system mainly is used for executives, this can
confirm the results anytime, anywhere and make the immediate changes. Each day, more than
one million web site visitors are view the Lotte.com. Thus, it has to realize the Lottie is have
to distinguish what number of guests are making the buys and which channel is bringing the
most profitable movement. Once, investigating the numerous various the methodologies and
solutions, the lottie.com presented the coordinated web movement examination system by
utilizing the SAS examination solution. And, lotte.com website is requires to build the
customer behaviour analysis database to measures every visitor, improve the site efficiency,
what pages are visited, what are the activities that are undertaken for enabling the diverse
analysis, and how visitors are navigate the website because the current system does not
provide the effective information about the customer details and it does not provide web side
efficiency. And, the website database does not captures the number of orders, number of
attempts, shopping cart conversion rate and size and customer demographic information. This
problem is leads to decrease the sales. So, lotte.com needs to build the customer behaviour
analysis to improve the sales and customer satisfaction.
5.3 Question 3
Yes, the companies of E-commerce are now in a better position, for leveraging the
benefits of analytics. For example, in prompt intelligent shopping, the intuitive shopping goes
for client reliability. Mix of an online coordination’s stage keeps up end-to-end deceivability
of buys and requests, and business insight programming helps process client exchange
information. It likewise empowers retailers to offer different conveyance alternatives, and can
prompt clients for extra buys dependent on their purchasing behaviours. Predictable client
benefit, combined with innovation, can incredibly build client firm quality. In analytics,
empowers organizations to be more proactive and settle on learning driven choices by
burdening robotized and planned information. It enables retailers to comprehend the
requirements and interests of their clients continuously. Further, it recognizes client
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catchwords, which can be investigated to distinguish potential zones of venture and cost-
cutting (Svolba, 2012).
6 Conclusion
This project successfully provided the understanding of the why the consumers abandon
the shopping carts, which results in the sale of $10 Million i.e., an increase in Lotte.com. It
has introduced the integrated web traffic analysis system, with the help of SAS. The SAS
system is used for customer experience analytics. This system successfully improvised
customers’ experience on online shopping also it has generated good returns from its
marketing campaigns. This system is used for executives can confirm the results anytime,
anywhere and make the immediate changes. The lottie.com is presented the incorporated web
activity examination system by utilizing the SAS investigation solution. The SAS system is
utilized to decide the client benefit enhancement and target advertising subjects. This system
additionally supported the achievement of various battles. Likewise, this system has most
prevalent advantages is picking up the knowledge into the individual client and different
client gatherings. It also achieved the better customer experiences, targeted channel
marketing and navigate throughout the web page. And, also provided the information about
the customer which is leads to provide the understanding of the customers’ needs and
interests. This system successfully identifying the shopping cart abandonment to increases the
first year sales is 8 million euros. The SAS system for customer experience analytics was
implemented to increases the sales.
8
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References
Balaraman, P., & Chandrasekar, S. (2016). E-Commerce Trends and Future Analytics
Tools. Indian Journal Of Science And Technology, 9(32). doi:
10.17485/ijst/2016/v9i32/98653
Fjermestad, J., Kudyba, S., & Lawrence, K. (2018). Business intelligence and analytics case
studies. Journal Of Organizational Computing And Electronic Commerce, 28(2), 77-78.
doi: 10.1080/10919392.2018.1444360
K, A., & Venkatapathy, S. (2014). A data-agnostic dashboard visualization system with
customizable layout for e-commerce data analytics. ACM SIGSOFT Software
Engineering Notes, 39(4), 1-5. doi: 10.1145/2632434.2632444
Kirby-Hawkins, E., Birkin, M., & Clarke, G. (2018). An investigation into the geography of
corporate e-commerce sales in the UK grocery market. Environment And Planning B:
Urban Analytics And City Science, 239980831875514. doi: 10.1177/2399808318755147
Konasani, V., & Kadre, S. (2015). Practical Business Analytics Using SAS. Berkeley, CA:
Apress.
Schniederjans, M., Schniederjans, D., & Starkey, C. (2015). Business analytics principles,
concepts, and applications with SAS. Upper Saddle River, NJ: Pearson Pub.
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Sharma, N., & Dadhich, M. (2014). Predictive Business Analytics: The Way Ahead. Journal
Of Commerce And Management Thought, 5(4), 652. doi: 10.5958/0976-
478x.2014.00012.3
Svolba, G. (2012). Data quality for analytics using SAS. Cary, N.C.: SAS Institute.
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