Case Study
Hot Topic
Hot Topic approves more orders instantly, transforming customer experience
Challenge
Digital transformation,Order automation
Industry
MerchandiseProduct
Guaranteed Fraud ProtectionIntegration
Salesforce Commerce CloudAbout Hot Topic
and Signifyd
A mall staple since the ‘90s, Hot Topic’s strategic investment in emerging technologies has positioned them as the leader in online entertainment and music merchandising. Signifyd has played a significant role in this digital transformation, ensuring Hot Topic’s customers can checkout quickly and receive orders fast.
Challenge
When delays in order fulfillment and increasing rates of false declines began to jeopardize customer experience, Hot Topic knew it was time to ditch their manual review process and invest in a more intelligent commerce protection solution.
Solution
Hot Topic selected Signifyd’s Commerce Protection Platform to improve order decisioning and decrease false declines with insights from the Commerce Network, while automating orders backed by a 100% financial guarantee.
Results
By implementing Signifyd’s Guaranteed Fraud Protection, Hot Topic has increased approval rates to over 99% while automating 100% of orders. The result is a multimillion dollar ROI in found revenue and the additional dividends of greater capture of CLTV.
THE SIGNIFYD GUARANTEE
Every decision clear.
Every outcome guaranteed.
We back every decision with a financial guarantee, because 15 years of data and refinement means we're confident enough to stake money on it. When Signifyd approves an order, you can act on it. If we're wrong, we cover it.