eBay Launches New AI-Powered 'Magical' Listing Tool to Make Selling Easier and Faster
eBay has announced the launch of a new listing tool that uses artificial intelligence (AI) to generate details from images. The tool, which the company claims to be 'Magical', aims to make selling on eBay faster, easier, and more accurate by filling in titles, descriptions, and other information from a simple photo.
eBay announced this in an official blog writing: ‘Magical’ Listing Tool Harnesses the Power of AI to Make Selling on eBay Faster, Easier, and More Accurate.
eBay states that the new listing tool is based on generative AI, which is a type of AI that can analyze, research, and extrapolate information from a small amount of data provided by the user. In this case, the user only needs to upload a photo of the item they want to sell in the eBay app, and the tool will automatically write a title, a description, and add vital information such as category, condition, price, and shipping options.
The tool helps sellers list items with ease, as they do not need to type or search for information manually. It also helps buyers access more information about potential purchases, as the tool generates detailed, accurate, and in-depth listings that match their queries.
The company claims that as of late July, nearly 30% of U.S. sellers using the app on any given day tried the feature at least once, and over 95% of those who tried it opted to use the AI-generated descriptions for their listings, including a few with minor edits. The customer satisfaction (CSAT) for this experience is over 80%, which is among the highest CSAT for recent feature launches by eBay.
The tool is powered by eBay's large-scale yet extensible AI infrastructure that integrates Azure's OpenAI technologies into the marketplace. eBay has been investing in AI technologies such as machine learning, computer vision, natural language processing, and machine translation to create inspiring ecommerce experiences for its customers.
eBay's new listing tool is currently available in the US for select categories such as fashion, electronics, home and garden, and collectibles. eBay plans to expand the tool to more categories and markets in the future.
The company says that the new tool is the latest one in a series of efforts to use AI to make selling and buying on eBay easy, fun and magical. With the improvement of AI eBay will incorporate more cutting-edge technologies across its teams with the goal of making your eBay experience consistently more ‘magical’.
Disclaimer:
eBay is the registered trademark of the company.
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Disclaimer:
eBay is the registered trademark of the company.
About ChannelMAX.NET:
ChannelMAX offers Amazon Repricer that runs on the latest AI Repricing algorithm to do Amazon Pricing Management or Amazon Repricing. Based on Amazon SP API, the repricing engine or repricer runs 24/7 and efficiently manages Amazon prices to maximize your BuyBox with profit optimization. Established in 2005, ChannelMAX has been integrated with Amazon technology since 2007, helping thousands of third-party sellers on various eCommerce platforms. Some of the eCommerce platforms, aka marketplaces, supported by ChannelMAX.NET, are Amazon, Walmart, eBay, and Shopify. Some of ChannelMAX key offerings include ChannelMAX Amazon Repricer, 2ndly, ChannelMAX Amazon FBA Audits and FBA Refunds management, an offering for managing Amazon FBA Refunds Reimbursement management for lost or damaged or misplaced inventory for which Amazon is responsible and for which sellers deserve appropriate credit reimbursement from Amazon. ChannelMAX Services offer Remote (aka Virtual) Full-Time eCommerce Assistant to help 3P sellers run their daytoday business.
Check ChannelMAX at Amazon Selling Partner Appstore, an application with a 5 star rating.