REVERSIBLE launches a new e-commerce shopping experience with the Omni-Channel Retail Aggregation launch. It broadens its realms of a digital marketplace by merging the connective functions of social media with online shopping. It highlights three key functions in total and features over 100 stockists integrated into the app.
It also allows users access to a buy and ask the function to buy products and also keep track of the products' demand. The app runs on an AI technology that is specific to the platform -- it scans through its partner's websites to allow users to quickly compare prices, and delivery rates, and access information in one stop. The marketplace service also connects vintage retailers and resellers without fees. Lastly, it has the REVERSIBLE Ensemble feature that functions as a social aspect.
Experiential Online Marketplaces
REVERSIBLE Launches the Omni-Channel Retail Aggregation Service
Trend Themes
1. Experiential Online Marketplaces - REVERSIBLE merges social media connective functions with online shopping, creating a new experiential and social e-commerce shopping experience.
2. Omni-channel Retail Aggregation - REVERSIBLE's launch of an Omni-channel Retail Aggregation service creates an all-in-one e-commerce platform for customers, providing an opportunity for businesses to unify their sales channels.
3. AI-driven Shopping Experience - REVERSIBLE's AI technology integrated into their marketplace allows for quick comparisons of prices and delivery rates from over 100 stockists, providing an opportunity for businesses to implement AI technology to streamline their sales process.
Industry Implications
1. E-commerce - REVERSIBLE's launch of an Omni-channel Retail Aggregation service and AI technology integrated into their marketplace provides businesses in the e-commerce industry an opportunity to streamline their sales process and increase customer satisfaction by providing a social and experiential shopping experience.
2. Vintage Retail and Reselling - REVERSIBLE's connecting of vintage retailers and resellers without fees on their platform provides an opportunity for businesses in the vintage retail and reselling industry to expand their customer base and reach a larger audience.
3. Social Media and Online Shopping - REVERSIBLE's merge of social media connective functions with online shopping creates an opportunity for businesses in the social media and e-commerce industry to develop new interactive customer experiences and increase engagement with their brand.