Wix
product updates developing new products that enable business owners to easily create manage and grow their businesses is our highest priority technology innovation is our core competency and we continue to demonstrate technology industry we have countless product improvements planned for the months ahead and we remain confident that our brand and our industry leading will continue to resonate with small businesses below are the key product enhancements made during leadership in our artificial design intelligence was made globally available in in late august the initial engagement has been better than expected and we are amazed by the number of new created each day by our users we are enabling users to create a site with who may not previously have had the resources to do so since the global release in late august we have seen several very encouraging trends emerge specifically the average time it takes a user to build a on has reduced our overall conversion has continued to improve and we have seen an increase in the adoption of vertical applications enhancing our funnel our overall conversion of registered users to paid subscriptions is at an all time high the combination of and our traditional editor has dramatically enhanced our funnel and we are seeing many users benefiting from both in fact we are seeing very strong conversion of users that start with and move to the editor we plan to roll out additional functionality to in the coming months that will continue to drive conversion building better faster the percent of users that have created a within the first day is trending up meaningfully compared to last year quite simply it is easier than ever for businesses to get with and our users are building stunning in less time than ever before the satisfaction of creating a is an important milestone | Wix
Company
Wix
Deck Type
Sector
Industry
Deck date
November 2016
Slide
9 of 14
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