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Cherry, AI-Powered Shopping App Innovates Online Retail

Lawrence Ankutseby Lawrence Ankutse
March 21, 2024
Reading Time: 3 mins read
Lawrence Ankutseby Lawrence Ankutse
in Technology
0
Cherry, AI-Powered Shopping App Innovates Online Retail

Cherry App

Cherry, a startup, has revolutionized online shopping with an AI assistant, enabling users to discover products via screenshots.

The innovative app, Cherry, helps users to effortlessly locate products from social media or real-life encounters through its AI-driven technology, promising a seamless online shopping experience.

Ryan Kim, a seasoned software engineer with two decades of experience in e-commerce, founded the startup. Before starting the company, Kim contributed to the development of approximately 30 online stores for both startups and big corporations.

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“My motivation for creating Cherry stemmed from a personal frustration with the time-consuming process of finding and comparing products online.” 

Kim said, “I wanted to leverage my expertise to develop a tool that simplifies product discovery and comparison, making it easier for users to find what they’re looking for quickly and efficiently.”

Cherry offers a solution in scenarios where you’re at a physical store eyeing a dress or scrolling through TikTok spotting intriguing gadgets. By simply taking a photo or screenshot, this innovative app allows users to scout for similar products online at potentially more affordable prices.

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Underlying Cherry’s functionality is advanced AI technology, leveraging the robust capabilities of both Google and Bing (powered by OpenAI) to swiftly scour data directly on the user’s device.

While services like Google Lens offer the ability to search for similar items, Cherry distinguishes itself by offering additional features. Users can sort results by price, bookmark items, and review their image search history for easy product retrieval.

Moreover, Cherry enables users to share search results with friends or on social media platforms. Additionally, the startup is actively developing a rewards points system. This system will reward users with points as they search, which can then be redeemed for exclusive deals from partnering brands.

“While Google Lens offers general image-based search capabilities, Cherry is specifically tailored for the shopping experience,” Kim said. “Our app provides results with the same speed and accuracy as Google, but we’re expanding our reach by incorporating additional lenses, currently including Bing Visual Search, to offer a wider range of search results.”

cherry app 2

Cherry is still in the early stages of user acquisition and currently has around 5,000 users. The startup is targeting young users by helping them find the best products that meet their needs and budgets.

Regarding the future, Cherry is focused on expanding its user base, integrating with online retailers, and introducing personalized shopping recommendations to “cherry-pick” the best products for its users. The company is also exploring opportunities to partner with brands for exclusive deals and promotions.

Cherry AI Transforming The Shopping Experience

Artificial intelligence is enhancing every aspect of the digital shopping experience, from personalized recommendations to streamlined operations. 

Some key ways in which AI commerce is transforming online shopping include AI algorithms analyzing customer data and behavior to deliver tailored product recommendations. 

Whether it’s suggesting similar items based on past purchases or predicting what a shopper might like next, personalized recommendations enhance engagement and drive conversions.

Also, dynamic pricing powered by AI enables businesses to adjust prices in real time. By considering factors like demand, inventory levels, and competitor pricing, companies can maximize revenue while responding swiftly to market fluctuations.

Additionally, conversational AI and automated customer service improve response times and reduce inquiries. Chatbots handle routine queries, freeing up human agents to focus on more complex issues. This seamless interaction enhances overall customer satisfaction.

Furthermore, AI-powered search algorithms and natural language processing (NLP) enhance product discovery. Customers can find what they’re looking for more efficiently, leading to higher conversion rates.

As such, AI commerce is revolutionizing online shopping by making it more personalized, efficient, and enjoyable for both consumers and businesses. 

READ ALSO: IAEA Chief Touts Nuclear Energy Over Fossil Fuel

Tags: AI commerceArtificial IntelligenceCherryRyan Kim
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