How to create a diversification strategy

Introduction

Welcome to diversification strategy. This guide will provide you with a simple step-by-step guide to applying a diversification strategy.

 

Prerequisites

In order to follow these steps you will need to have access to the XO console. 

If you do not have access to it, please contact a console administrator who can create an account for you. If you don't know who is an administrator, you can open a ticket by choosing “I / my colleague needs access to an Attraqt service” from the drop-down menu when you click “Submit a request” in the support center.

Please note that, if you have never used diversification before, you will need to contact the Support team as this feature is not activated by default on your XO console. 

 

Scenario

We will base the scenario on a specific example. 

Here, our brand is a home appliances' provider that has multiple categories to offer for various rooms. We would like to showcase the diversity of our catalog by showing a product from a different category for each product that we are pushing within an individual widget.

 

Step 1

Log into the XO platform and click on the widget you would like to use diversification for.

 

Step 2

Access the algorithm tab of the merchandising rule as shown below.

 

Step 3

Add a new strategy and select the strategy you’d like to use for diversification for instance: user recommendation.

Step 4

Next, under-display strategy, select"Diversified recommendations".

 

Step 5

Select the diversification attribute you would like to use. In our example, we will use the product category.

 

Important Information: all attributes are not available by default. To use this strategy, you must inform the support team of which attribute you'd like to use. 

 

Step 6

Under a number of distinct values, select the amount of differentiated items you wish to have in your widget. Here we have a distribution of four products and we want each one of them to have a different category level. We will, therefore, enter 4.

 

Step 7

Add the strategy and save the widget

 

Step 8

Go to the page where you have added diversification –you should have a diversified recommendation!

 

Conclusion

Congratulations! You now know how to create a diversification strategy in XO.

Let us know in the comment section if there are other test scenarios you would like us to create how-to guides for.

Enjoy your XO experience 😊

Should you encounter any difficulty setting up these diversification strategies on your own please don’t hesitate to contact us by clicking here or clicking the submit a case link on the Support Centre and choosing “I have a question” from the list of use cases.