Shop101 is India’s leading ‘mobile-first’ social commerce company that provides a comprehensive infrastructure to merchants for selling online. Merchants can be common people wanting to resell products online or original manufacturers. Shop101 also provides advertising solutions to merchants to advertise their products on Whatsapp, Facebook, and Instagram. Shop101 provides the infrastructure for payments, shipping, inventory management, order processing, etc. so that merchants can have a laser-sharp focus only on selling. Launched in 2015, Shop101 now assists over 5M+ sellers to sell online.
Shop101 was looking for innovative solutions that can help its resellers and manufacturers generate more leads and grow their Shop101 merchant base by driving more orders.
“We were exploring new advertising channels to help them (sellers) get more leads. At 5M+ users, we needed a solution that could scale to our merchants base rapidly using automation. Also, for large-scale merchant adoption, the solution had to be easy-to-use (one-click) for the merchants.”
OnlineSales.ai’s Monetization stack was deployed to enable Shop101 resellers and associated manufacturers to advertise at scale on Facebook. Using Smart algorithms based on Machine Learning and Artificial Intelligence technology, merchants were now able to automatically promote their product listings on Facebook and Audience Network, driving qualified leads through Click-to-Messenger ads at affordable CPLs (Cost per Lead).
The Key Wins (In 11 weeks)
Merchants (resellers and manufacturers) onboard
Qualified Leads generated
Increase in generated Leads
Reduction in CPL
Stabilized Cost Per Lead
in Ad Spends (Facebook)
“Every merchant wants to get more and more leads at lower costs. This means the advertising has to be razer-sharp and needs to be continuously optimized on Facebook and Audience Network to achieve an effective CPL. OnlineSales.ai’s ML engine was absolutely fantastic to achieve this goal of continual optimization, automatically at scale for our merchants, producing exciting results for us.”
The way forward is a wider adoption of OnlineSales.ai Platform by Shop101 resellers and associated manufacturers for advertising on Facebook and Audience Network, while maintaining the costs of lead generation at affordable levels. Recently, ten manufacturers got started with the OnlineSales.ai Smart Platform in a single day. The idea is to scale this number and to bring the massive base of merchants on Shop101 under the umbrella of true advertising automation powered through the OnlineSales.ai Smart Platform.