BestPlace
Game-changing improvements in accuracy
Accelerate your
e-commerce AI
Accelerate your
e-commerce AI
Client
AI-powered geo analytical tool for retail- App helps retailers and suppliers choose new store locations with end-to-end visibility of consumer patterns in a neighborhood
- Data is collected and analyzed for over 40 patterns, such as transportation in the area, surrounding stores, number of households and cars, etc.
- Clients include large retailers like Leroy Merlin and PepsiCo
Challenge
Issues with data collection and accuracy- Automated solutions extracted data from online maps and other sources
- App accuracy was only 60% due to outdated data
- Clients needed better accuracy for reliable predictions
Solution
Tolokers collect publicly available information about local neighborhoods- Up to 50,000 Tolokers complete field tasks at relevant locations
- Verified data and current photos are uploaded to the system
- BestPlace uses the up-to-date information to improve machine learning algorithms
Business impact
30% improvement in app accuracy with new data collection process- App accuracy now reaches 80–95%, depending on the client’s industry
- Clients can review photos along with analytics for recommended locations
- New results are a game-changer that enable clients to make informed decisions
Similar success stories
Improved crowdsourced translations of product descriptions
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17%
budget reduction while achieving optimal quality
Expanded product coverage for e-commerce price matching
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2.5%
better coverage of key products
Enhanced performance of a recommendation engine
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reduction of errors in the product recommender model
Tuned a 3D foot sizing app for better accuracy
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12%
improvement in app accuracy with accelerated time to market
