Etsy’s Post

This is an interesting piece that explores how Amazon's latest Generative AI feature is transforming how sellers create product listings. By simply providing a DTC website URL, sellers can receive complete GenAI-generated listings, significantly reducing manual input and enhancing the appeal of product pages to customers. Over 100,000 sellers have already embraced this tool, with a remarkable approval rate of nearly 80% for GenAI-crafted listings. Learn more: https://lnkd.in/ekhUQ3Eu #GenerativeAI #Technology #ProductDevelopment

This is an interesting piece that explores how Amazon's latest Generative AI feature is transforming how sellers create product listings. By simply providing a DTC website URL, sellers can receive complete GenAI-generated listings, significantly reducing manual input and enhancing the appeal of product pages to customers. Over 100,000 sellers have already embraced this tool, with a remarkable approval rate of nearly 80% for GenAI-crafted listings. Learn more: https://lnkd.in/gwfW_3c8 #GenerativeAI #Technology #ProductDevelopment

What if a single photo could replace hours of typing? eBay's new AI tool is making that dream a reality! Imagine snapping a photo of a product and, like magic, all the details fill in. That's the future eBay is crafting for its sellers! ▶️ The Magic Behind the Scenes: ✅ The "Magical Listing" Tool: eBay's new feature uses AI to analyze product images and auto-generate titles, descriptions, release dates, and more. Just upload a photo in the eBay app, and voilà! ✅ Addressing the "Cold Start" Dilemma: Remember the daunting feeling of creating your first listing? eBay's AI aims to make the process smoother, especially for first-time sellers who might feel overwhelmed. ✅ A Glimpse into the Past: In its initial version, sellers could write a title and categorize their item. But here's the kicker: when given the option to use AI for product descriptions, 30% of U.S. sellers on iOS or Android gave it a go. And a whopping 95% went ahead with the AI-crafted descriptions! ▶️ The Bigger Picture: ✅ eBay isn't alone in this AI journey. Amazon now uses generative AI to summarize customer reviews, while Walmart introduced the "My Assistant" tool, leveraging AI to assist non-store staff with various tasks. ✅ eBay's tech advancements aren't just limited to AI. In August 2022, they acquired TCGplayer, a platform for the collectibles industry, for a cool $295 million. In a world where a picture is truly worth a thousand words, eBay is ensuring those words are accurate, detailed, and effortlessly generated. As they continue to integrate more AI into their operations, one thing's for sure: the future of e-commerce is looking more magical by the day! Discover the changing landscape of e-commerce with Irina Poddubnaia and TrackMage. #advertisingandmarketing #ecommerce #onlineshopping #digitalmarketing #ai #retail #data #customerexperience

🛍 eBay's new feature uses AI to analyze product images and auto-generate titles, descriptions, release dates, and more ⏩ #ebay #ai #aitrends #aitools #aioptimization #2024trends #ecommerce #ecommercedevelopment #ecommercetools #marketplaces #trends

At Teikametrics, our mission is clear: leveraging technology to deliver tangible results for our customers to maximize their potential. While cool AI features are fantastic, what truly matters is saving our customers time and making them more money. That's why I'm so excited for our latest AI innovation: AI Smart Campaigns. This feature represents a monumental team effort, involving countless hours of R&D, cross-department collaboration, and invaluable feedback from our customers during the testing phase of our initial “SmartACOS” algorithm. The results are objective, and knowing we’re about to provide our customers with a competitive edge in marketplace optimization is incredibly rewarding. A huge thank you to our entire team and our customers for making this possible! Solve a complex business problem and make it easy – AI Smart Campaigns does exactly that. We’re now offering sellers a simplified way to boost the profitability and performance of their ads on Amazon and Walmart. Our AI technology shines through by moving beyond automated keyword bidding to dynamically adjusting bidding parameters based on user objectives. Moreover, we use proprietary inputs specific to products, including Cost Of Goods Sold (COGS), aligning with our sellers' profitability goals – a feature not available in native marketplace options. I recently caught up with our Head of UX and Design, Chad Clark, to discuss the design principles behind AI Smart Campaigns and to give a sneak peek at how easy it is to create high-performing campaigns with just a few clicks. We have started rolling out AI Smart Campaigns to select beta customers and will be migrating all customers to the new platform later this month. If you have any questions about AI Smart Campaigns, our approach, or anything else, please feel free to reach out. I'm excited to hear from you! #Innovation #AI #Amazon #amazonads #Walmart #WalmartConnect #MarketplaceOptimization

𝗘𝘁𝘀𝘆 𝗹𝗮𝘂𝗻𝗰𝗵𝗲𝘀 ‘𝗚𝗶𝗳𝘁 𝗠𝗼𝗱𝗲,’ 𝗮 𝗻𝗲𝘄 𝗔𝗜-𝗽𝗼𝘄𝗲𝗿𝗲𝗱 𝗳𝗲𝗮𝘁𝘂𝗿𝗲 𝘁𝗵𝗮𝘁 𝗴𝗲𝗻𝗲𝗿𝗮𝘁𝗲𝘀 𝟮𝟬𝟬+ 𝗴𝗶𝗳𝘁 𝗴𝘂𝗶𝗱𝗲𝘀 Exciting news from Etsy! They have launched "Gift Mode," an AI-powered feature that makes gift shopping stress-free. Say goodbye to gift-giving anxiety! According to Etsy's survey, 71% of people felt stressed while shopping for gifts. Gift Mode aims to change that by using OpenAI's GPT-4 for tailored suggestions. With Gift Mode, you can simply take a quiz about the recipient, occasion, and interests, and get personalized gift guides from 100 million+ items. The feature includes 15 interests, 200+ personas, and a "Gift Teaser" option for a sneak peek. Using machine learning, human curation, and GPT-4 for precision, Etsy plans to expand with new interests and personas. Let's make gift-giving thoughtful and fun! Check out #EtsyGiftMode #Hubextech #AIshopping, #GiftIdeas, #ThoughtfulGifting, #EtsyFinds

The evolution of AI in e-commerce is truly mesmerizing. From personalized recommendations to now crafting captivating product descriptions, AI is progressively becoming an indispensable tool for online retailers. As AI continues to mature, we can anticipate more innovations that bridge the gap between sellers and customers. 🌟🛒🤖