SlideShare a Scribd company logo
1 of 15
KEY POINTS
➔ The Growth of eCommerce
➔ Social Media = Shopping Inspiration
➔ Image Search > Text Search
➔ Use Cases of Visual Search Technology
➔ Benefits of Visual Search Technology
➔ Customer Example: Zalando
● eCommerce sales are growing exponentially year over year
● Mobile phone usage is also going to continue to grow (Mary Meeker’s “Internet
Trends 2017”)
● Although most searches are conducted on mobile devices, checkout
happens predominantly on desktop
● 66% of millennials browse social media for fashion shopping inspiration
MOBILE + SOCIAL MEDIA
ALTHOUGH SHOPPING INSPIRATION LIVES ON MOBILE, MOST
TRANSACTIONS DON’T HAPPEN THERE.
THE GROWTH OF ECOMMERCE
MILLENNIAL SHOPPING BEHAVIOR
● 21.6% of millennials* couldn’t find
specific products when using their
own search terms.
● Only 2.3% of millennials landed on
first position results with their search
terms.
TEXT SEARCHES ARE INEFFICIENT
*Based on a survey conducted by Fashwell. Survey size: 109 respondents.
SEARCHING FOR PRODUCTS
WITH KEYWORDS IS DIFFICULT
AND OFTEN FRUITLESS.
*Based on a survey conducted by Fashwell. Survey size: 109 respondents.
● Brand association is an
important factor in any product
search: Brands were used
13.9%* more often than the
category of a product.
● Even with a long string of
keywords, words do not suffice
to describe the stylistic and
aesthetic quality of a fashion
product.
TEXT SEARCHES ARE INEFFICIENT (cont.)
WHAT IS VISUAL SEARCH?
VISUAL SEARCH REPLACES TEXT
AND IS A POPULAR TOOL TO FIND
PRODUCTS MORE QUICKLY.
● Humans process images 60,000
times faster than text.
● Deep learning algorithms are
taught how to “see” like the human
brain sees.
● They are trained with massive
amounts of relevant image data.
● Training continues until the
algorithm becomes an expert in its
particular field.
● Image recognition is a highly
valuable market, expected to grow
to $38.92 billion by 2021.
WHO HAS VISUAL SEARCH?
BIG CORPORATIONS
● Pinterest
● Google
● Amazon
● eBay
SMALLER BRANDS + RETAILERS
● Zalando
● Tommy Hilfiger
● Neiman Marcus
● Macy’s
● ASOS
● Target
● Wayfair
Image courtesy of Target.
1. SEARCH BY IMAGE
A process by which a user can search
a product catalog by uploading an
image to an app or site and then shop
the products in the image.
VISUAL SEARCH – USE CASES
2. VISUAL RECOMMENDATION
Upsell and cross-sell on individual
product shop pages with “You May
Also Like” or Out of Stock
Alternatives.
3. SHOPPABLE CONTENT
Publishers, brands or online
magazines can make their visual
content instantly shoppable with
automatic tagging.
4. CHATBOTS
Another way to “search by image”:
Users upload an image to a chatbot
platform and receive relevant product
recommendations.
With visual search,
image recognition
technology is used to
extract data points from
an image. In online
shopping, the return
criteria for visually
similar items are based
on the ontology and
attributes of a particular
object. A popular use
case for visual search is
“search by image”, as
demonstrated by this
graphic.
THE “SEARCH BY IMAGE” EXPERIENCE
● Easy Product Discovery
● Greater Basket Size
● Increased Revenue
● Prevent Sales Loss
● More User Engagement
● Better Search Results
● New Revenue Streams
● Upsell + Cross-sell
● Prevent Cart Abandonment
● Higher CTR
… and more!
VISUAL SEARCH – BENEFITS
“Mobile shopping has become the new
normal. But when it comes to
shopping, it’s often hard to describe
the product. By using the support of
visual detection, we can maximize the
joy of exploring our assortment by
providing our customers new ways to
search and navigate. The future of
shopping will be about using more
intuitive and natural ways of searching
rather than typing technical terms.”
CUSTOMER EXAMPLE: ZALANDO
– Kristina Walcker-Mayer, Senior Product
Manager for Mobile Apps
TAKEAWAY
➔ More time is spent on mobile to source shopping inspiration.
➔ BUT: Getting to checkout on mobile is still difficult.
➔ Using text for searching + shopping is not efficient.
➔ Visual Search creates a link b/w content and commerce,
eliminating the need for text and letting customers shop the
products they want to see.
VISUAL SEARCH = THE FUTURE OF SEARCH & SHOPPING
CONTACT
FASHWELL AG
Stauffacherstrasse 106
8004 Zürich, Switzerland
marketing@fashwell.com
partnerships@fashwell.com

More Related Content

What's hot

Intro to Feature Selection
Intro to Feature SelectionIntro to Feature Selection
Intro to Feature Selection
chenhm
 
Feature Extraction
Feature ExtractionFeature Extraction
Feature Extraction
skylian
 

What's hot (20)

Computer vision
Computer visionComputer vision
Computer vision
 
Intro to Feature Selection
Intro to Feature SelectionIntro to Feature Selection
Intro to Feature Selection
 
Computer Vision
Computer VisionComputer Vision
Computer Vision
 
Feature Extraction
Feature ExtractionFeature Extraction
Feature Extraction
 
Beginners Guide to Non-Negative Matrix Factorization
Beginners Guide to Non-Negative Matrix FactorizationBeginners Guide to Non-Negative Matrix Factorization
Beginners Guide to Non-Negative Matrix Factorization
 
Lane Detection
Lane DetectionLane Detection
Lane Detection
 
Notes from Coursera Deep Learning courses by Andrew Ng
Notes from Coursera Deep Learning courses by Andrew NgNotes from Coursera Deep Learning courses by Andrew Ng
Notes from Coursera Deep Learning courses by Andrew Ng
 
Deep Neural Networks (DNN)
Deep Neural Networks (DNN)Deep Neural Networks (DNN)
Deep Neural Networks (DNN)
 
Supervised Machine Learning With Types And Techniques
Supervised Machine Learning With Types And TechniquesSupervised Machine Learning With Types And Techniques
Supervised Machine Learning With Types And Techniques
 
Explainable AI
Explainable AIExplainable AI
Explainable AI
 
Image processing
Image processingImage processing
Image processing
 
Computer vision
Computer visionComputer vision
Computer vision
 
Machine Learning
Machine Learning Machine Learning
Machine Learning
 
12 pattern recognition
12 pattern recognition12 pattern recognition
12 pattern recognition
 
Content-Based Image Retrieval (D2L6 Insight@DCU Machine Learning Workshop 2017)
Content-Based Image Retrieval (D2L6 Insight@DCU Machine Learning Workshop 2017)Content-Based Image Retrieval (D2L6 Insight@DCU Machine Learning Workshop 2017)
Content-Based Image Retrieval (D2L6 Insight@DCU Machine Learning Workshop 2017)
 
NeRF: Representing Scenes as Neural Radiance Fields for View Synthesis
NeRF: Representing Scenes as Neural Radiance Fields for View Synthesis NeRF: Representing Scenes as Neural Radiance Fields for View Synthesis
NeRF: Representing Scenes as Neural Radiance Fields for View Synthesis
 
Real Time Object Dectection using machine learning
Real Time Object Dectection using machine learningReal Time Object Dectection using machine learning
Real Time Object Dectection using machine learning
 
Machine learning
Machine learningMachine learning
Machine learning
 
Tourism recommendation-system
Tourism recommendation-systemTourism recommendation-system
Tourism recommendation-system
 
Computer Vision
Computer VisionComputer Vision
Computer Vision
 

Similar to Visual Search and How it Adds Value to eCommerce

Technology in Retail
Technology in RetailTechnology in Retail
Technology in Retail
lornacaputo
 

Similar to Visual Search and How it Adds Value to eCommerce (20)

Ecommproject
EcommprojectEcommproject
Ecommproject
 
How to merge brand and performance marketing through content
How to merge brand and performance marketing through contentHow to merge brand and performance marketing through content
How to merge brand and performance marketing through content
 
MastersGate Ecommerce Summit 2018 - Nejlepšie tipy pre reklamu
MastersGate Ecommerce Summit 2018 - Nejlepšie tipy pre reklamuMastersGate Ecommerce Summit 2018 - Nejlepšie tipy pre reklamu
MastersGate Ecommerce Summit 2018 - Nejlepšie tipy pre reklamu
 
e-Marketing Tips
e-Marketing Tips e-Marketing Tips
e-Marketing Tips
 
Alex Bozhinov - account manager, Google: Google shopping @ eCommCongress 2017
Alex Bozhinov - account manager, Google: Google shopping @ eCommCongress 2017Alex Bozhinov - account manager, Google: Google shopping @ eCommCongress 2017
Alex Bozhinov - account manager, Google: Google shopping @ eCommCongress 2017
 
How to Rock The Future of Retail – 2020
How to Rock The Future of Retail – 2020 How to Rock The Future of Retail – 2020
How to Rock The Future of Retail – 2020
 
Big Data in e-Commerce
Big Data in e-CommerceBig Data in e-Commerce
Big Data in e-Commerce
 
Increasing Conversions with Relevancy, Merchandising & Actionable Insights
Increasing Conversions with Relevancy, Merchandising & Actionable InsightsIncreasing Conversions with Relevancy, Merchandising & Actionable Insights
Increasing Conversions with Relevancy, Merchandising & Actionable Insights
 
Technology in Retail
Technology in RetailTechnology in Retail
Technology in Retail
 
The Future of Retail – Visual Search
The Future of Retail – Visual SearchThe Future of Retail – Visual Search
The Future of Retail – Visual Search
 
Life Beyond A Print Circular
Life Beyond A Print CircularLife Beyond A Print Circular
Life Beyond A Print Circular
 
Reach toledo seminar
Reach toledo seminarReach toledo seminar
Reach toledo seminar
 
Ecommerce Trends 2023 - Fernando Angulo, SEMrush
Ecommerce Trends 2023 - Fernando Angulo, SEMrushEcommerce Trends 2023 - Fernando Angulo, SEMrush
Ecommerce Trends 2023 - Fernando Angulo, SEMrush
 
8 Interactive Trends Changing the Business Landscape
8 Interactive Trends Changing the Business Landscape8 Interactive Trends Changing the Business Landscape
8 Interactive Trends Changing the Business Landscape
 
Growth marketing
Growth marketingGrowth marketing
Growth marketing
 
How Ecommerce Companies Can Do More with Less Shopping Ad Budget in 2020
How Ecommerce Companies Can Do More with Less Shopping Ad Budget in 2020How Ecommerce Companies Can Do More with Less Shopping Ad Budget in 2020
How Ecommerce Companies Can Do More with Less Shopping Ad Budget in 2020
 
Turning The Tide
Turning The TideTurning The Tide
Turning The Tide
 
Mobile shopping 2016 mobile shopping innovation
Mobile shopping 2016   mobile shopping innovationMobile shopping 2016   mobile shopping innovation
Mobile shopping 2016 mobile shopping innovation
 
Ecommerce Trends 2023 - Albert Llorens, SEMrush
Ecommerce Trends 2023 - Albert Llorens, SEMrushEcommerce Trends 2023 - Albert Llorens, SEMrush
Ecommerce Trends 2023 - Albert Llorens, SEMrush
 
E-commerce Berlin Expo - Michal Walczynski - Samsung
E-commerce Berlin Expo - Michal Walczynski - SamsungE-commerce Berlin Expo - Michal Walczynski - Samsung
E-commerce Berlin Expo - Michal Walczynski - Samsung
 

Recently uploaded

call Now 9811711561 Cash Payment乂 Call Girls in Dwarka
call Now 9811711561 Cash Payment乂 Call Girls in Dwarkacall Now 9811711561 Cash Payment乂 Call Girls in Dwarka
call Now 9811711561 Cash Payment乂 Call Girls in Dwarka
vikas rana
 
Panjim Goa Escort Girls ✿✸ 9971646499 ₢♚ Russian Call Girls Panjim Goa Direc...
Panjim Goa Escort Girls ✿✸ 9971646499  ₢♚ Russian Call Girls Panjim Goa Direc...Panjim Goa Escort Girls ✿✸ 9971646499  ₢♚ Russian Call Girls Panjim Goa Direc...
Panjim Goa Escort Girls ✿✸ 9971646499 ₢♚ Russian Call Girls Panjim Goa Direc...
ritikaroy0888
 

Recently uploaded (8)

call Now 9811711561 Cash Payment乂 Call Girls in Dwarka
call Now 9811711561 Cash Payment乂 Call Girls in Dwarkacall Now 9811711561 Cash Payment乂 Call Girls in Dwarka
call Now 9811711561 Cash Payment乂 Call Girls in Dwarka
 
Call Girls In Dev kunj Delhi 9654467111 Short 1500 Night 6000
Call Girls In Dev kunj Delhi 9654467111 Short 1500 Night 6000Call Girls In Dev kunj Delhi 9654467111 Short 1500 Night 6000
Call Girls In Dev kunj Delhi 9654467111 Short 1500 Night 6000
 
The 2024 Prime Day Panel: From Preparation to Profit
The 2024 Prime Day Panel: From Preparation to ProfitThe 2024 Prime Day Panel: From Preparation to Profit
The 2024 Prime Day Panel: From Preparation to Profit
 
5CL-ADBA,5cladba, the best supplier in China
5CL-ADBA,5cladba, the best supplier in China5CL-ADBA,5cladba, the best supplier in China
5CL-ADBA,5cladba, the best supplier in China
 
Digital Business Strategy - How Food Brands Compete Through Technology
Digital Business Strategy - How Food Brands Compete Through TechnologyDigital Business Strategy - How Food Brands Compete Through Technology
Digital Business Strategy - How Food Brands Compete Through Technology
 
Panjim Goa Escort Girls ✿✸ 9971646499 ₢♚ Russian Call Girls Panjim Goa Direc...
Panjim Goa Escort Girls ✿✸ 9971646499  ₢♚ Russian Call Girls Panjim Goa Direc...Panjim Goa Escort Girls ✿✸ 9971646499  ₢♚ Russian Call Girls Panjim Goa Direc...
Panjim Goa Escort Girls ✿✸ 9971646499 ₢♚ Russian Call Girls Panjim Goa Direc...
 
Hifi Agartala Escorts Service Girl ^ 9332606886, WhatsApp Anytime Agartala
Hifi Agartala Escorts Service Girl ^ 9332606886, WhatsApp Anytime AgartalaHifi Agartala Escorts Service Girl ^ 9332606886, WhatsApp Anytime Agartala
Hifi Agartala Escorts Service Girl ^ 9332606886, WhatsApp Anytime Agartala
 
Planting Seeds of Success and of Failure.pdf
Planting Seeds of Success and of Failure.pdfPlanting Seeds of Success and of Failure.pdf
Planting Seeds of Success and of Failure.pdf
 

Visual Search and How it Adds Value to eCommerce

  • 1.
  • 2. KEY POINTS ➔ The Growth of eCommerce ➔ Social Media = Shopping Inspiration ➔ Image Search > Text Search ➔ Use Cases of Visual Search Technology ➔ Benefits of Visual Search Technology ➔ Customer Example: Zalando
  • 3. ● eCommerce sales are growing exponentially year over year ● Mobile phone usage is also going to continue to grow (Mary Meeker’s “Internet Trends 2017”) ● Although most searches are conducted on mobile devices, checkout happens predominantly on desktop ● 66% of millennials browse social media for fashion shopping inspiration MOBILE + SOCIAL MEDIA ALTHOUGH SHOPPING INSPIRATION LIVES ON MOBILE, MOST TRANSACTIONS DON’T HAPPEN THERE.
  • 4. THE GROWTH OF ECOMMERCE
  • 6. ● 21.6% of millennials* couldn’t find specific products when using their own search terms. ● Only 2.3% of millennials landed on first position results with their search terms. TEXT SEARCHES ARE INEFFICIENT *Based on a survey conducted by Fashwell. Survey size: 109 respondents. SEARCHING FOR PRODUCTS WITH KEYWORDS IS DIFFICULT AND OFTEN FRUITLESS.
  • 7. *Based on a survey conducted by Fashwell. Survey size: 109 respondents. ● Brand association is an important factor in any product search: Brands were used 13.9%* more often than the category of a product. ● Even with a long string of keywords, words do not suffice to describe the stylistic and aesthetic quality of a fashion product. TEXT SEARCHES ARE INEFFICIENT (cont.)
  • 8. WHAT IS VISUAL SEARCH? VISUAL SEARCH REPLACES TEXT AND IS A POPULAR TOOL TO FIND PRODUCTS MORE QUICKLY. ● Humans process images 60,000 times faster than text. ● Deep learning algorithms are taught how to “see” like the human brain sees. ● They are trained with massive amounts of relevant image data. ● Training continues until the algorithm becomes an expert in its particular field. ● Image recognition is a highly valuable market, expected to grow to $38.92 billion by 2021.
  • 9. WHO HAS VISUAL SEARCH? BIG CORPORATIONS ● Pinterest ● Google ● Amazon ● eBay SMALLER BRANDS + RETAILERS ● Zalando ● Tommy Hilfiger ● Neiman Marcus ● Macy’s ● ASOS ● Target ● Wayfair Image courtesy of Target.
  • 10. 1. SEARCH BY IMAGE A process by which a user can search a product catalog by uploading an image to an app or site and then shop the products in the image. VISUAL SEARCH – USE CASES 2. VISUAL RECOMMENDATION Upsell and cross-sell on individual product shop pages with “You May Also Like” or Out of Stock Alternatives. 3. SHOPPABLE CONTENT Publishers, brands or online magazines can make their visual content instantly shoppable with automatic tagging. 4. CHATBOTS Another way to “search by image”: Users upload an image to a chatbot platform and receive relevant product recommendations.
  • 11. With visual search, image recognition technology is used to extract data points from an image. In online shopping, the return criteria for visually similar items are based on the ontology and attributes of a particular object. A popular use case for visual search is “search by image”, as demonstrated by this graphic. THE “SEARCH BY IMAGE” EXPERIENCE
  • 12. ● Easy Product Discovery ● Greater Basket Size ● Increased Revenue ● Prevent Sales Loss ● More User Engagement ● Better Search Results ● New Revenue Streams ● Upsell + Cross-sell ● Prevent Cart Abandonment ● Higher CTR … and more! VISUAL SEARCH – BENEFITS
  • 13. “Mobile shopping has become the new normal. But when it comes to shopping, it’s often hard to describe the product. By using the support of visual detection, we can maximize the joy of exploring our assortment by providing our customers new ways to search and navigate. The future of shopping will be about using more intuitive and natural ways of searching rather than typing technical terms.” CUSTOMER EXAMPLE: ZALANDO – Kristina Walcker-Mayer, Senior Product Manager for Mobile Apps
  • 14. TAKEAWAY ➔ More time is spent on mobile to source shopping inspiration. ➔ BUT: Getting to checkout on mobile is still difficult. ➔ Using text for searching + shopping is not efficient. ➔ Visual Search creates a link b/w content and commerce, eliminating the need for text and letting customers shop the products they want to see. VISUAL SEARCH = THE FUTURE OF SEARCH & SHOPPING
  • 15. CONTACT FASHWELL AG Stauffacherstrasse 106 8004 Zürich, Switzerland marketing@fashwell.com partnerships@fashwell.com