Versori is revolutionising the marketplace onboarding process with AI-driven SKU mapping. By automating the transformation of product data, onboarding time has been slashed from weeks to mere minutes.
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In the dynamic world of online marketplaces, the onboarding of product catalogs presents a significant challenge. The process, often lengthy and error-prone, can deter sellers and impact marketplace performance. Versori, a leader in AI-enabled integration platforms, has developed a solution that transforms this landscape.
A major US retailer faced a critical issue: onboarding merchant catalogs took 6 to 8 weeks. This delay was due to manual mapping of product data from various sources like Amazon, CSVs, and APIs. The manual process not only consumed time but also led to numerous listing errors, affecting search performance and sales.
For marketplaces, this resulted in high seller churn during onboarding, increased support costs, and suboptimal listing quality. This problem is widespread across the marketplace ecosystem.
Versori's approach leverages AI to automate and enhance the SKU mapping process. By training AI models on marketplace-specific taxonomies, Vasori enables accurate mapping of product attributes. This integration allows data transformation from any source into the marketplace's taxonomy, achieving a 99.8% accuracy rate.
The AI models also address attribute errors by suggesting intelligent fixes, which can be automated or reviewed by sellers. This reduces the onboarding process from weeks to mere minutes, requiring only a few clicks from sellers.
Versori's collaboration with Walmart's North American division exemplifies the impact of this solution. Previously, SKU mapping took weeks, with high seller churn and support costs. With Versori's AI integration, Walmart achieved 99.8% mapping accuracy, reduced onboarding to 2-3 minutes, and significantly lowered support costs and seller churn.
In just six months, over 2.5 million SKUs were onboarded across Walmart and other marketplaces, demonstrating the scalability and efficiency of Versori's solution.
Versori's AI-driven integration platform offers a transformative solution for marketplace onboarding. By automating SKU mapping and addressing data errors, it enhances user experience, reduces costs, and accelerates marketplace growth. This technology, implemented in under four weeks, provides a scalable and efficient path for marketplaces to expand their offerings and improve seller engagement.
For marketplaces and retailers seeking to streamline their onboarding processes and enhance data accuracy, Versori's solution represents a significant advancement in the integration landscape.
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