Resources

A major global luxury retailer had been struggling with its conversion from online search, and turned to Lily AI and its rich product data enrichment for help.

By utilizing Lily AI product data for demand prediction and forecasting, a large multi-brand apparel and accessories retailer boosted topline revenue by $7-$48 million.

The challenge of matching shoppers to the products they actually want via recommendations is a constant across the retail e-commerce landscape.

How one of North America’s premier multi-brand retailers unlocked product discovery for their extensive catalog of clothing and apparel using the power of robust product attribution data.

thredUP and Lily AI: the Highlights

• 15%+ sell-through lift
• 275,000+ images tagged per week
• 2%+ conversion rate lift for customers who’ve purchased >2 times
• 2.8%+ conversion rate lift on iOS
• Favorites per user increased by 2.1%
• Co-development of innovative “Thrift The Look” shopping experience