Learn how your marketplace can gain a competitive advantage through AI-powered SKU mapping to any taxonomy, with 98% accuracy.
In today’s competitive retail landscape, the strength of a marketplace is directly tied to the quality and quantity of its suppliers. But onboarding sellers and maintaining strong marketplace-supplier relationships remains a persistent challenge. Whether due to inefficient and awkward to manage integration processes, poor data quality, or lack of syncing functionality. Friction between marketplaces and suppliers can result in abandoned onboarding efforts and underperformance.
This use case explores how SKU mapping and system integrations can streamline operations, enhance product listings, and ultimately strengthen supplier relationships in a marketplace ecosystem.
Traditionally, onboarding supplier catalogs has required weeks of manual SKU mapping, data cleansing, and formatting. This process often frustrates new sellers and delays time-to-market.
Solution:
By leveraging SKU mapping models tailored to taxonomies embedded in marketplace integrations, marketplaces can now automate the process of importing product data from third-party systems like other marketplaces, PIMs, or ERPs.
Impact:
In many cases, product data that does make it to the marketplace is incomplete or inconsistent, impacting the customer experience and reducing conversion.
Solution:
The same SKU mapping models can be used post-onboarding to enhance existing product data. By passing SKU data through these models, marketplaces can fill in missing attributes, correct errors, and standardise listings across the platform.
Impact:
Beyond onboarding and data enrichment, marketplaces can significantly enhance supplier relationships by improving the selling experience through seamless integration.
Solution:
Automate back-end processes by syncing orders from the marketplace to the supplier’s systems (inventory management, ERP, etc.). This two-way sync ensures real-time updates and streamlines seller operations.
Impact:
Improving supplier relations isn’t just about communication, it’s about infrastructure. By automating product onboarding, enhancing data quality, and integrating deeply with supplier systems, marketplaces can create a frictionless environment that benefits both sellers and customers.
This approach not only reduces churn but also empowers suppliers to scale faster and invest more deeply in your marketplace, creating a win-win relationship that drives long-term growth.