Visualizing buyers/sellers’ collective intelligence, which enhances the “interestingness” of the marketplace and drives higher transaction volumes, was difficult.
The Before State
Client did not have a common platform which buyers/sellers could use to understand what the popular products were and how they were trending across geographies.
The LatentView Solution
LatentView built a real-time platform to visualize market trends, purchase trends, popular items etc. for any search/product term and allow comparison between products and product categories.
The After State
In three months following the implementation of the platform, transaction volumes for key products showed an uptick to the extent of 3% for certain categories.