About Increasingly
Increasingly is an AI-powered product bundling platform. Since 2016, the company has been working to reinvent cross-selling, taking inspiration from Amazon bundling and building upon that concept. Today, Increasingly is a world-leading cross-selling technology chosen by ambitious and intelligent retailers. The company helps retailers drive basket revenue and happier customers. The AI platform intelligently sells product bundles and collections on-site, in-store, and in Google Shopping and Facebook ads, typically driving a +15% increase in revenue and growing Average Order Value (AOV) by +33%. Increasingly's mission is to help customers buy and discover more, recognizing that people often shop to complete a project, a look, or a beauty regime, not just for a single item. Their 'Frequently Bought Together' tools enhance shopper convenience while providing a sustainable solution for brands to boost their AOV. Brands such as Samsung, Pentland Brands, Boots, HP, US Polo, Wickes, and bareMinerals trust Increasingly to power their AOV boosting strategy.
The company's platform offers a suite of AI-driven products designed to enhance online shopping experiences and increase average order values and conversion rates for e-commerce retailers. Their flagship product enables businesses to create customized product bundles for their sites. Increasingly's AI uses machine learning, analyzing past customer behavioral and purchase data to build a model of what is purchased, abandoned, and viewed, while also incorporating availability data. This, combined with a great user experience, results in more revenue for retailers. The AI platform intelligently serves product bundles via 'frequently bought together' features across the customer journey, all powered by artificial intelligence and machine learning algorithms. The platform is designed to be platform-agnostic, working with any e-commerce platform, and offers retailers control to set business logic and specific bundle configurations. In September 2023, Increasingly was acquired by Searchspring, a global leader in on-site search, product merchandising, and ecommerce personalization. This acquisition is aimed at accelerating the development and expansion of Increasingly's products and services, keeping them at the forefront of the rapidly evolving ecommerce industry.
FAQs
- When was Increasingly founded?
- Increasingly was founded in 2016.
- Who is the CEO of Increasingly?
- Sri Sharma is the CEO.
- What industries or markets does Increasingly operate in?
- Increasingly operates in the following markets: Personalization Technology, Retail Technology, Artificial Intelligence, Machine Learning, Marketing Technology, Digital Advertising, Conversion Rate Optimization, Product Recommendation Engines, SaaS, and Ecommerce.
- How many employees does Increasingly have?
- Increasingly has 51-200 employees.
- Where does Increasingly have employees?
- Increasingly has employees in United Kingdom.
- Does Increasingly support remote work or working from home?
- Yes, Increasingly is a remote-friendly company.
- What employee benefits does Increasingly offer?
- Increasingly provides 5 benefits to their employees.
- Does Increasingly offer a four-day work week?
- No, Increasingly does not offer a four-day work week.
- What is Increasingly's tech stack?
- Increasingly has 11 technologies in their tech stack.
- What is Increasingly's website?
- Increasingly's website is www.increasingly.com.
United Kingdom
