GroupBy Inc. to Attend Shoptalk 2023

SaaS-based eCommerce Company Showcasing Next-Gen Product Discovery Platform

TORONTO--(BUSINESS WIRE)--GroupBy Inc., a SaaS-based B2C and B2B eCommerce product discovery technology leader will demo its industry-leading retail platform at Shoptalk 2023 in Las Vegas from March 26 to 29. The company’s holistic Product Discovery Platform powered by Google Cloud Discovery AI is revolutionizing eCommerce with its next-generation search and recommendations, which delivers Google-quality shopping experiences optimized for eCommerce business cases.

GroupBy will be on site to exhibit the power of its composable Product Discovery Platform, presenting customer successes and results via a technology demo. Those interested can stop by booth #1717 for a tour of the platform and speak with GroupBy experts to discover how it can help them reimagine their online shopping experiences.

With more than $300 billion in revenue lost to search abandonment each year, the right product discovery technology is critical to a retailer’s tech stack. GroupBy’s Product Discovery Platform powered by Google Cloud Discovery AI is transforming eCommerce and empowering brands to focus on retailing.

The company’s next-generation search goes beyond relevancy. It utilizes its AI functionality to learn specific business and consumer patterns to deliver a Google-quality search result. Specifically, search powered by Google Cloud Discovery AI learns and takes into account customer contextual information, retailer-specific patterns, previous website user behavior and prioritizes products for revenue, ultimately resulting in extraordinary digital customer experiences and significant top-line revenue gains for retailers and wholesalers.

“The retail industry is at a pivotal moment as brands adjust to shifting consumer behaviors, while sustaining growth during economic uncertainty. Technology plays such a crucial role in the industry today,” says GroupBy CEO Roland Gossage.

GroupBy’s end-to-end composable Product Discovery Platform includes everything necessary for omnichannel commerce: from search and recommendations to data enrichment, merchandising capabilities, and analytics and reporting.

GroupBy’s platform leverages both online and in-store data to help retailers create a seamless, omnichannel shopping experience for modern consumers. When compared to legacy search solutions, brands who have switched to GroupBy’s next-gen platform have generated significant revenue increases of 10-15%. GroupBy’s solution not only contributes to the lower total cost of ownership through optimization and efficiency gains in retailers’ tech stacks but enables brands to spend more time on strategic, revenue-generating business initiatives.

“We invite you to join us at Shoptalk 2023, and see how we can revolutionize eCommerce together! Shoptalk is the perfect place for our experts to give you a glimpse of how next-generation product discovery can redefine the shopping experience for our customers and boost revenues for you,” adds Gossage. “It will be a great week reconnecting with our industry peers and leaders while showcasing what truly sets GroupBy apart from other offerings in the space.”

Taking place at Mandalay Bay, Shoptalk 2023 brings together experts from some of the most influential and rising brands and retailers. This year’s conference will host more than 10,000 retail professionals and feature more than 275 industry leaders and innovators as session hosts and speakers. To reserve a time to meet with GroupBy’s experts or learn more about their conference plans, interested attendees can visit www.groupbyinc.com/resources/event/shoptalk-2023.

About GroupBy Inc.

GroupBy's cloud-native SaaS technology powers the world's most relevant and highly converting eCommerce websites. Our composable Product Discovery Platform powered by Google Cloud Discovery AI, provides industry-leading features for data enrichment, search, recommendations, navigation, personalization, merchandising and search analytics. GroupBy’s next-generation search and recommendations platform creates seamless eCommerce experiences optimized for your business outcomes, including revenue, margin, and profit. We excel with complex, large-scale B2B configurations and in dynamic, high volume B2C scenarios. Founded in 2013, GroupBy is headquartered in Toronto, Canada and has offices in Austin, Texas.