Optimizing for eCommerce growth: Fix the revenue leaks in your path to purchase
Location: Devonshire Club
Keeping up with emerging shopping trends is not easy. Retailers are under increasing pressure to cater to cross-border shoppers and to offer their customer base a constantly evolving set of omnichannel shopping options. Given the competitive eCommerce landscape, executives involved in generating online revenue are finding out just how critical it is to provide consumers with a flawless, seamless experience in order to keep pace.
But the challenges facing retailers as they attempt to boost online revenue are significant. Inaccurate decisions, outdated banking systems and high-friction verification methods cost the industry billions in chargebacks, overhead and lost sales every year. In many cases, retailers aren’t even aware of the full extent of the problem. Fraud losses alone cost retailers up to 3% of their online revenue, and on average 66% of orders declined due to fear of fraud are actually legitimate. Meanwhile, 10% of orders that reach checkout are lost to payment declines.
So how do you best optimise the eCommerce purchase funnel? How do you ensure more customers successfully complete their shopping journey? How do you create a streamlined, frictionless shopping experience across channels and global markets while maintaining reasonable overheads?
Join Meet the Boss and Riskified – together with fellow CEOs, CFOs, CTOs, and Heads of Finance, eCommerce, and Loss Prevention – for an evening of dinner, discussion and discovery to find out. From reducing overhead costs and preventing revenue loss, to increasing efficiency and improving the bottom line, explore how your organisation can optimise its eCommerce growth.
6:30 – 7:00 pm – Welcome Drinks Reception
7:00 – 7:10 pm – Introduction from Master of Ceremonies
7:10 – 7:30 pm – Keynote Speaker
7:30 – 9:30 pm – Three-course dinner complemented with table discussion points
9:30 – 10:00 pm – Wrap up and closing remarks from Riskified
- How do leaks in the eCommerce purchase funnel impact both your brand reputation and your bottom line? What steps can be taken to fix them?
- What are the key considerations for creating a seamless customer journey fit for an omnichannel future?
- How can retailers successfully expand online and grow global market share while mitigating fraud?
Riskified’s AI platform increases approvals and maximizes revenue for eCommerce merchants. Founded in 2013, and with offices in New York and Tel Aviv, Riskified currently has over 300 employees.
Our expert engineers have built a suite of solutions to address the full path to purchase. We review 1 million transactions daily, protecting merchants’ revenues from login, through payment authorization, to checkout and beyond. Some of the world’s largest enterprise merchants rely on our advanced machine-learning models to manage risk, increase revenue, and turn legitimate shoppers into customers.