Shoeby Partners with Rezolve AI to Transform Online Shopping Experience with AI-Powered Platform

Posted by Admin January 10, 2025 Fashion

Shoeby, a Netherlands-based fashion retailer with over 210 stores, has partnered with Rezolve Ai (NASDAQ: RZLV) to implement the BRAiN Commerce solution for its online platform. The collaboration aims to enhance digital shopping through AI-powered conversational commerce.

The implementation, supported by SPH AG, focuses on reducing cart abandonment and improving customer engagement through features including: AI-powered natural language interfaces for real-time interaction, personalized product recommendations, streamlined checkout processes, and automated customer service.

For Shoeby, the solution promises higher sales conversion rates through personalized shopping experiences, improved customer loyalty, and enhanced operational efficiency through task automation. The partnership represents a strategic move to strengthen Shoeby’s digital presence and improve overall customer satisfaction in online fashion retail.

Positive

Strategic partnership with major European retailer (210+ stores)

Implementation of AI solution to reduce cart abandonment

Potential for increased revenue through improved sales conversion

Enhancement of operational efficiency through task automation

Insights

This partnership marks a strategic pivot for Rezolve Ai in the European retail market. The implementation of BRAiN Commerce across Shoeby’s 210 stores network represents a significant commercial deployment that could serve as a proof-of-concept for other European retailers. The technology’s focus on reducing cart abandonment – a $18 trillion global problem in ecommerce – positions Rezolve Ai to capture a meaningful share of the conversational commerce market, projected to reach $290 billion by 2025.

The integration of natural language processing capabilities with checkout optimization creates a comprehensive solution addressing two critical pain points in digital retail: customer engagement and conversion. This dual approach differentiates Rezolve Ai from competitors who typically focus on either conversational AI or checkout optimization separately.

The strategic value of this deployment extends beyond immediate revenue potential. By targeting cart abandonment, which typically ranges from 60% to 80% in fashion retail, even a modest 5% reduction could translate to substantial revenue gains for both Shoeby and Rezolve Ai. The implementation of conversational commerce capabilities positions RZLV to capture recurring revenue through transaction fees and subscription services.

Key differentiators in this deal include the integration with physical retail locations and the partnership with SPH AG, which provides an established distribution channel into the broader European retail market. This could accelerate RZLV’s market penetration in a region where AI-driven retail solutions are rapidly gaining traction.

With a market cap of $526M, this partnership could significantly impact RZLV’s valuation metrics. The Netherlands retail market, valued at approximately $160B, provides a substantial testing ground for Rezolve’s technology. Success here could catalyze expansion into larger European markets like Germany and France. The integration of SPH AG as a strategic partner adds credibility and provides a potential pathway to scale across their existing client base.

For investors, this represents a concrete step toward monetizing Rezolve’s AI technology in a major European market. The focus on measurable metrics like cart abandonment reduction and conversion rate improvement provides clear KPIs to evaluate the partnership’s success and potential scalability.

01/10/2025 – 09:12 AM

AI-Powered Conversational Commerce to Drive Customer Engagement, Reduce Cart Abandonment, and Boost Online Growth

NEW YORK and AMSTERDAM, Jan. 10, 2025 (GLOBE NEWSWIRE) — Shoeby, one of the Netherlands’ leading fashion retailers with over 210 stores, has selected Rezolve Ai (NASDAQ: RZLV) to transform its online shopping experience through the adoption of the cutting-edge BRAiN Commerce solution. By leveraging Rezolve Ai’s advanced technology, Shoeby aims to strengthen its digital presence, enhance customer satisfaction, and achieve new levels of operational efficiency.

This strategic implementation, supported by SPH AG, a leading IT and consulting firm for the retail industry, will enable Shoeby to capitalize on the power of conversational commerce and AI-driven insights to reduce cart abandonment and deliver an unmatched digital shopping journey.

Reimagining the Shopping Experience
The BRAiN Commerce solution brings a host of benefits to Shoeby’s online platform, setting a new standard for customer engagement and business performance:

For Customers:

Conversational Commerce: Shoeby will introduce AI-powered natural language interfaces, allowing customers to interact in real-time for personalized product recommendations, quick query resolution, and guided shopping experiences.
Reduced Cart Abandonment: By streamlining the purchase process and offering personalized nudges, BRAiN Commerce keeps customers engaged and drives conversions.
Tailored Recommendations: Advanced AI ensures every customer receives suggestions perfectly aligned with their preferences and past purchases.
Seamless Checkout: Integration with Brain Checkout enables frictionless purchasing, enhancing convenience and satisfaction.

For Shoeby:

Higher Sales Conversion: Personalized shopping journeys and reduced cart abandonment translate directly into increased revenue.
Improved Customer Loyalty: Enhanced, interactive shopping experiences foster deeper connections with Shoeby’s customers.
Operational Efficiency: AI automates repetitive tasks, allowing Shoeby’s team to focus on strategic growth initiatives.

Mitch van Deusen, CEO of Shoeby, expressed her enthusiasm:
“Rezolve Ai’s BRAiN Commerce solution is a game-changer for Shoeby. By embracing conversational commerce and reducing cart abandonment, we are setting a new benchmark for online shopping in the fashion industry. This partnership is key to delivering the personalized, seamless experience our customers expect while strengthening our position as a digital retail leader.”

Daniel M. Wagner, CEO of Rezolve Ai, highlighted the transformative nature of the partnership: “We’re proud to partner with Shoeby to redefine the online fashion retail experience. By combining the power of conversational commerce with tools to minimize cart abandonment, our BRAiN Commerce solution is helping Shoeby unlock new opportunities for growth and customer satisfaction in a digital-first world.”

About Shoeby
Shoeby is a leading fashion retailer in the Netherlands, operating over 210 stores and a growing online presence. Renowned for its innovative approach and commitment to customer experience, Shoeby continues to set trends in both fashion and retail innovation.

About Rezolve Ai
Rezolve Ai (NASDAQ: RZLV) is an industry leader in AI-powered solutions, specializing in enhancing customer engagement, operational efficiency, and revenue growth. The Brain Suite delivers advanced tools that harness artificial intelligence to optimize processes, improve decision-making, and enable seamless digital experiences. For more information, visit www.rezolve.com.

About SPH AG
SPH AG, based in Sindelfingen, Germany, specializes in IT consulting and digital transformation for the fashion and retail industries. With decades of experience, SPH AG empowers retailers to navigate the complexities of digitalization with innovative solutions.

Media Contact
Rezolve AI
Urmee Khan
Global Head of Communications
ur@rezolve.com
+44 7576 094 040

Investor Relations Contact:
CORE IR
+15162222560
investors@rezolve.com

Forward-Looking Statements

Certain statements in this press release may be forward looking in nature within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.Words such as “expect”, “estimate”, “aim,” “project”, “budget”, “forecast”, “anticipate”, “intend”, “plan”, “may”, “will”, “could”, “should”, “believes”, “predicts”, “potential”, “continue”, and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Rezolve’s statements and expectations regarding the capabilities and benefits about its Brain Commerce solution and the impact its Brain Commerce solution will have on Shoeby. The matters discussed in these forward-looking statements are subject to a number of risks, trends and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied in the forward-looking statements. You are cautioned not place undue reliance on these forward-looking statements. None of Rezolve nor any other person is responsible for updating or revising any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

FAQ

What is the impact of Rezolve AI’s partnership with Shoeby for RZLV shareholders?

The partnership with Shoeby, a major European retailer with 210+ stores, represents a significant business expansion for RZLV, potentially leading to increased revenue through implementation of their BRAiN Commerce solution.

How will Rezolve AI’s BRAiN Commerce solution help Shoeby reduce cart abandonment?

The solution uses AI-powered interfaces for real-time interaction, personalized recommendations, and streamlined checkout processes to keep customers engaged and drive conversions.

What are the key features of RZLV’s BRAiN Commerce solution for Shoeby?

Key features include AI-powered conversational commerce, personalized product recommendations, streamlined checkout processes, and automated customer service capabilities.

How will the Shoeby partnership affect RZLV’s market position in retail technology?

The partnership strengthens RZLV’s position in the retail technology sector, particularly in the European market, by implementing their solution with a major fashion retailer with over 210 stores.