TORONTO - GroupBy Inc., a trailblazer in AI-first Search and Product Discovery solutions, today unveiled a suite of groundbreaking advancements designed to propel merchandising teams into the future of retail. These advancements, integrated seamlessly within GroupBy's Command Center platform, empower merchandisers to make data-driven decisions at lightning speed, optimize product discovery, and unlock unprecedented revenue growth.

Revolutionizing Retail with AI

In today's hyper-competitive landscape, retailers require intelligent solutions that anticipate customer needs and curate personalized shopping experiences. GroupBy’s Search and Product Discovery Platform powered by Google Cloud Vertex AI provides retailers with the perfect balance between AI-led optimization and manual control allowing retailers to focus on revenue driving initiatives while drastically improving the digital shopping experience.
Latest innovations leverage the power of cutting-edge AI to transform the merchandising function. From streamlined campaign creation to automated insights and actions, GroupBy empowers teams to become strategic partners in driving business growth.

Key Takeaways

  • Intuitive User Experience: GroupBy prioritizes a seamless user experience within the Command Center. New features streamline campaign building, data management, and merchandising tasks, allowing teams to focus on strategic initiatives.
  • Unprecedented Control: Product Pinning grants granular control over product placement within search results, ensuring strategic needs are met with pinpoint accuracy.
  • Recall Reimagined: A complete overhaul of the recall functionality offers a robust suite of features, including product ID-based building, advanced attribute and product inclusion/exclusion, and unmatched usability.
  • Ranking Reinvented: The completely revamped ranking system, formerly known as Boost and Bury, provides clear labeling for user-friendly configuration of product order within search results.
  • Real-Time Insights: A groundbreaking Pipeline Health Dashboard surfaces vital insights into event flow, empowering teams to proactively ensure the health of AI training data for optimal performance.
  • AI-Driven Decision Making: Planned for Q3, AI-powered actionable insights will recommend specific actions retailers should take based on real-time customer behavior data, ultimately leading to automated campaign execution.
  • Future-Proofing Data Quality: GroupBy is committed to providing faster and more affordable data enrichment solutions through generative AI, ensuring the highest quality data informs all merchandising decisions.

Availability

Many of the new features are available now. Actionable insights are planned for release in H2, 2024.

About GroupBy Inc.

Founded in 2013, GroupBy is an eCommerce Search and Product Discovery SaaS technology provider that powers some of the largest B2B and B2C brands. GroupBy's AI-first composable platform is bringing next-generation search technology to retailers worldwide, helping to bridge the gap between consumer and merchant. Powered by Google Cloud Vertex AI Search for Retail, the platform consists of Data Enrichment, Search and Recommendations, Merchandising, and Analytics and Reporting providing eCommerce merchants with access to a powerhouse of products and services designed to enhance the digital customer experience. Built on AI fundamentals, the GroupBy platform is transforming eCommerce merchandising from rule-based to revenue-generating, optimizing productivity and efficiencies, and reducing time to market, allowing retailers, wholesalers and distributors to focus on business strategic initiatives that drive revenue. To learn more about how GroupBy is shaping the future of eCommerce visit www.groupbyinc.com and follow us on LinkedIn, Twitter and Instagram.


Media Contact

Brianna LaRouche

(404) 214-0722 Ext. 142

[email protected]