Searchandise Commerce

About Searchandise Commerce

Searchanise, founded in 2013 by Vladimir Kalynyak and Ilya Shalnev, operates in the e-commerce technology sector, providing a SaaS-based smart search engine for online stores. The company was established after its founders identified a significant need for improved search functionality within the burgeoning e-commerce market. Their journey began with the release of a Magento extension, which was followed by a strategic partnership with Shopify, allowing them to join its marketplace. Today, the company serves over 14,800 clients and is integrated with six major e-commerce platforms: Shopify, Magento, BigCommerce, WooCommerce, CS-Cart, and Wix.

The firm's business model is centered on providing a subscription-based application that enhances the product discovery process for shoppers on e-commerce websites. It caters to a wide range of online retailers, from small shops with a handful of products to large enterprises with extensive catalogs. Revenue is generated through tiered pricing plans that vary based on the number of products in a client's store. The service is designed to improve key performance metrics for its clients, such as conversion rates, average order value, and customer retention.

The core product is a comprehensive search and filter application that integrates directly into an e-commerce store's platform. Its features include an AI-powered search function that provides personalized results based on individual user behavior, such as product views, cart additions, and purchase history. The system includes tools like autocorrect, autocomplete, and synonym recognition to deliver fast and relevant results. Beyond search, the application offers advanced filtering options and merchandising tools that allow retailers to promote specific products or collections, create custom promotional banners, and manage how products appear in search results. Furthermore, the platform provides in-depth analytics, offering retailers insights into top search queries, products clicked, and searches that yield no results, enabling data-driven decisions to optimize their sales strategy.