00:00:00:00 - 00:00:05:09
Lucas
So we're talking about e-commerce. It's, it's a bit of a buzzword.
00:00:05:11 - 00:00:22:17
Imco
I think it's good to make, maybe, a difference between agentic and conversational, right? And so
agentic is where the AI actually buys it for you. It can be, for example, based on a price trigger.
Conversational is when you use AI, you wish, for example, that you update.
00:00:22:19 - 00:00:35:04
Lucas
You as a seller, you want to be a suggested product in both those, those searches, both those
conversations. Amazon as Rufus, the conversion is quite high, right?
00:00:35:06 - 00:00:55:11
Imco
Yeah. So up to 60% now. And it's great, for sure, change. So that's, that's quite a bit. And they
expect to do like, like 30, 40, 50 billion, you know, additional revenue because of Rufus. And
more and more people are moving to Rufus. So if you ask me, it's a matter of time before there
will be advertised...
00:00:55:11 - 00:01:01:09
Lucas
Positions themselves as a seller. How do you think you should prepare now?
00:01:01:11 - 00:01:07:01
Imco
I would say marketplaces are still the preferred shopping destination for a lot of consumers.
00:01:18:14 - 00:01:34:20
Lucas
All right. Welcome to a new episode of Marketplaces Growth the Podcast. I'm joined by Imco
from Volo Agency and we're talking about agentic commerce, conversational commerce, and
how it affects the marketplaces world. Yeah, Imco, introduce yourself.
00:01:34:22 - 00:01:58:19
Imco
Yeah. So my name is Imco. I work at Volo as head of marketplaces. So, basically, in a nutshell,
my responsibilities are the development of our services in quite a broad way, which agentic
conversational was definitely one of them. But also AI developments, those kinds of things to
really serve our clients best, for a little over 12 years from our marketplace period.
00:01:58:19 - 00:02:05:13
Imco
So I've been around them, and I'm still on the board. So I guess that says a lot about
marketplaces as well.
00:02:05:13 - 00:02:21:23
Lucas
Yeah. Yeah, that's and that's also hopefully because of all the new developments with agentic
commerce. So maybe, before we dive into the topic, what's the last thing you ordered on a
marketplace? What was it on the marketplace?
00:02:22:00 - 00:02:30:07
Imco
So, it was, it's actually clothes. Yeah, yeah, on About You. So, yeah, definitely a marketplace.
00:02:30:09 - 00:02:34:08
Lucas
And did you use any AI to, to guide you through the process?
00:02:34:10 - 00:02:43:23
Imco
I did actually, for the sizing. So they have a very strange sizing chart, and it was able to figure it
out. So I just asked.
00:02:44:00 - 00:02:45:14
Lucas
Okay. That's, I haven't, it's...
00:02:45:14 - 00:02:47:18
Imco
Perfectly, so good. Did work and...
00:02:47:18 - 00:02:50:06
Lucas
It was not native on About You? It's you, you...
00:02:50:06 - 00:03:00:04
Imco
Needed, you said. No, actually I had to go off-platform. So the sizing chart was a bit of obscurity,
like, "Hey, I normally have this and this size. What should I pick?"
00:03:00:05 - 00:03:22:17
Lucas
Yeah, a big opportunity for About You, I would say. Okay, nice. And, so we're talking about
e-commerce. It's, it's a bit of a buzzword in the space. Somehow, you know, I'm also in
marketplaces. It affects marketplaces quite a bit. Why do you think, why do you think that is?
Why do you think it's so closely tied to marketplaces?
00:03:22:19 - 00:03:48:12
Imco
I would say marketplaces are still the preferred shopping destination for a lot of consumers. And
therefore, anything that impacts, let's say, conversion, discoverability, etc., also impacts
marketplaces. I think it's good to make maybe a difference between agentic and conversational,
yeah, right? So agentic is where the AI actually buys it for you—it can be, for example, based on
a price trigger.
00:03:48:14 - 00:04:09:15
Imco
So if changing a discount, it automatically buys it for you. Conversational is when you use AI. So
most people use, for example, ChatGPT like, "Hey, I'm looking for a gift for my nephew. He's
three years old, he likes these and these types of games. Can you recommend something for
me?" Yeah, yeah, I think it's good to...
00:04:09:17 - 00:04:27:06
Lucas
Yeah, so, and, and I think when this all started, one of the big, big splashes was that a chatbot
would allow you to also make the purchase on, on ChatGPT, so during that conversation, and
now they backed away from that.
00:04:27:10 - 00:04:28:02
Imco
Yeah.
00:04:28:04 - 00:04:30:02
Lucas
Why do you think they did that?
00:04:30:04 - 00:04:58:02
Imco
Yeah. So apparently, the discovery phase and the checkout phase, it's, it's different. It's a
different ballgame. Yeah. Of course, like, I don't know the exact reasons, but what I can imagine
is that it works very well for discovery. But you also get in a rabbit hole quite quickly. And you do
want to have options, but you don't want to have too many options.
00:04:58:04 - 00:05:21:12
Imco
So there's, there's a lot of variables here which you have to take into consideration—making a
seamless checkout, etc., etc. Which, which marketplaces or retailers in general have spent
hours and hours on to optimize it. So it's definitely different from just implementing, I think it was
a Stripe plugin, and let's go now.
00:05:21:14 - 00:05:54:11
Lucas
Yeah. And while I, we just talked about it, so the, the option is definitely, I recognize that myself
as a consumer. And it's also funny because I think Amazon is always, for, for Dutch people, it's
regarded as sort of like, "Why is this such a popular channel?" because it looks quite old school.
But I remember our sort of head of CRO at my last job telling me that Amazon is basically
running the most split tests, the most AB tests out of all web shops.
00:05:54:13 - 00:06:14:01
Lucas
So it works just very well, and it's not something you can then copy, I can get behind. So
Amazon then just closed the door for, for LLMs and they said, "We're doing it ourselves." Do you
think that's a good decision?
00:06:14:03 - 00:06:45:14
Imco
I think it is a good decision. I think it is a good decision, but it will definitely... as if more people
will move towards LLMs in general for, for their discovery phase there. Maybe the checkout
shouldn't be on, on the LLM itself, but should maybe be on the marketplace still. But I think
what's, what we see happening is—and this is for Google and for marketplaces, right? So it
starts at the LLM and then it moves towards Google or moves towards the marketplace. So
people are still discovering products through ChatGPT, and then they move towards Amazon or
bol, and then they use the, the tool of, of the marketplace itself to find the product, the best
fitting product, etc.
00:06:47:13 - 00:07:29:15
Lucas
Yeah, because we're talking about Amazon as Rufus, it's quite big in the US already. So you're
saying you're basically doing discovery in an LLM like Gemini, ChatGPT, you name them, and
then you go to the marketplace for checkouts, and probably you're dealing with AI in that
process again.
00:07:29:19 - 00:07:54:19
Imco
Yeah. So this is based on assumptions, right? So before people shoot me on this, how I think,
or, or how I see it at least, is you have some sort of high-level... Yeah, we were just chatting a
little bit, like let's take an air fryer, for example, right? So you have high-level, "What size for a
family of four? What do I need?" Like, like those types of things. "Do I need the 12 programs on
the air fryer specifically, or would I be fine with, with the four?" Which I would say is, is high-level
research. I think that's done in a chatbot or whatever you're using. Then you move to the
marketplace, and there you go more in-depth.
00:07:54:19 - 00:08:16:03
Imco
So, you know, okay, I need an air fryer, I need six liters, I need four programs. These are the
programs I need. I don't need the cheapest one, a little bit more sustainable, maybe. So you go
a little bit more into depth, and then you have Rufus or the shopping agent for bol soon to
recommend you, let's say, 3 to 5 products.
00:08:36:09 - 00:08:39:17
Imco
And I think you choose out of those products.
00:08:39:19 - 00:09:05:05
Lucas
Yeah. So there's essentially, you're saying the product research happens in the LLM and the
purchase research in the marketplace. But for you as a seller, you want to be a suggested
product in both those, those searches, both those conversations. Are they, are they different at
all? Like, to me, it sounds like the last one, the purchase decision, is more, "Are you in stock?
Can you deliver on time? Is your price right?" And the product research is more on the, you
know, the type of product or...
00:09:12:23 - 00:09:38:16
Imco
Yeah. Yeah. So, ideally, you are, of course, in both the customer journeys, because if people
start recognizing you, then they start buying. That's why. So marketplaces as a standalone
channel... it sounds maybe strange from someone that's doing marketplaces for, for a long time.
But I would always advise also having your own store, for example, not just your brand.
00:09:38:16 - 00:10:03:07
Imco
Sure. Yeah. Yeah, you can be found in both. And you know, who knows, maybe at some point
Amazon will open up for, for those LLMs again, we don't know. But ideally, yes, you want to be
found in both customer journeys. But I do think that there is still research done on the
marketplace. So basically, we call it the collapse of the funnel.
00:10:03:09 - 00:10:26:19
Imco
Where you would normally go to a marketplace, you will look for, you will type "air fryer," then
research yourself, you open reviews, customer questions, etc. And we all know how the process
goes. I think that like, that quite tedious process is now down to a chatbot, but it doesn't still...
So Amazon knows you really well.
00:10:26:21 - 00:10:44:24
Imco
So if you then go to Amazon, use Rufus to identify, because you know the requirements
basically that you have for the air fryer. And then Rufus can recommend the best air fryer that
fits your specific situation. Because what you want is not necessarily... but I want to ask, there's
all this difference right now.
00:10:45:01 - 00:11:08:07
Lucas
And it, and it then narrows down the whole search. Because now with search, indeed, it's now
keyword-driven. That's also for, I feel that there's also a big chunk of business for Amazon in the
fact that it's keyword-driven, because there's just such a wide amount of products on there that if
you, if you're looking for an air fryer, you'll get thousands of products.
00:11:08:12 - 00:11:32:09
Lucas
But if you're looking for a double-decker air fryer with 12 programs specifically that ships in the
next week, you're still looking at hundreds of products. So I think then there's an advertising side
to that, right? Where there's it, it takes quite a bit of searching to find the product you're looking
for if you're very specific, and all those searches give impressions through advertisements.
00:11:32:11 - 00:11:48:16
Lucas
So that side is also, you know, something Amazon is considering, bol is considering, all
marketplaces are considering. How do you see that change now that, now that they have their
own marketplace AI as well?
00:11:48:18 - 00:11:50:23
Imco
And then specifically the advertising? Yeah.
00:11:50:23 - 00:12:05:01
Lucas
Because we're talking about Rufus now, but you mentioned bol is, is going with something
similar, right? How do you think that that ties into advertising? Because they make it easier to
find what you're looking for, essentially.
00:12:05:03 - 00:12:42:23
Imco
Yeah. So I think there's at least, the things that come up is that, so, advertising for the page
becomes more expensive. And maybe there will be more positions on a product page. And then
I would say it is a matter of time before there is room for advertising, obviously. But I, I would
say I do think that as soon as the advertising is there within Rufus, maybe, or within specific
queries, you don't know, it would be fairly high-converting, right? Because you are, if this is the
air fryer market and then you, you narrow down, then this part is what you're advertising on,
which is of course different than advertising on "air fryer" in general. Yeah. So I do see that that
might be a high-converting audience. And more and more people are moving to Rufus.
00:13:02:21 - 00:13:08:02
Imco
So if you ask me, it's a matter of time before there, there will be advertising positions there as
well. Yeah.
00:13:08:04 - 00:13:33:03
Lucas
And ultimately, it's, it's still in their best interest to, to get you the product that you're looking for
quicker, right? But I guess for, for sellers... so that's a, that's something interesting as well that,
that ChatGPT announced advertisements into their, LLM, then they removed the checkout. So
you're doing the discovery phase, you're potentially looking at advertisements there as well.
00:13:33:05 - 00:13:53:14
Lucas
As a brand, you want to stand out there so you're considered, and then you're taken along for
the ride on the marketplace where you then also have to, first be right, if your, your preferred
channel as a consumer is a marketplace. It stops there if the brands stop there, and then you
need to pop up there as well.
00:13:53:20 - 00:14:14:10
Lucas
And if that all is going to be both organic—and you mentioned a few attributes that become
more important—and also paid, it's essentially sort of like the funnel is split in half almost. How
do you think as a seller, how do you think you should prepare now for, for this sort of...
00:14:14:12 - 00:14:39:17
Imco
Yeah. So maybe it's good to be aware. So now you would have, let's say, two touchpoints, right?
So LLM and then marketplace. I think so... so I read a couple of researches, usually clients that
use them to research, they convert within 48 hours, which is like a very, very good conversion of
time, and you use way less touchpoints.
00:14:39:17 - 00:14:44:05
Imco
So normally a consumer uses, I believe, it's like ten plus touchpoints.
00:14:44:05 - 00:14:45:24
Lucas
Blogs, marketplaces...
00:14:46:01 - 00:15:19:05
Imco
Or multiple ads or whatever it can be, can be anything. And with chatbots, it starts from
significantly less. So it does definitely impact, yeah, how you would prepare as a seller to, to
make sure you're still relevant. I would say there's a big shift from, from keyword-driven to
conversational, right? So if you've been around for marketplaces, you've seen the "backpack,
backpack for kids, backpack for adults, backpack, black backpack," like the, the keyword
stuffing.
00:15:19:07 - 00:15:38:05
Imco
And now I would say you're definitely moving towards a, let's say, hybrid, right? So you don't
have to make it a full sentence, but it's going to be something like "backpack perfect for
traveling, waterproof," like way more on the, on the actual use case.
00:15:38:10 - 00:15:39:20
Lucas
Yeah. More context-based.
00:15:39:21 - 00:16:15:06
Imco
Yeah, yeah, yeah. Then I would say images. So, what we still see quite a bit is images,
packshots, then you space on there and let's go. And, like, I'm not saying they, they're not going
to work anymore, but AI tools are going to basically scan images as well. So a simple example:
if you sell a water bottle that is, that suits the, the cup holder, for example, in the car, make sure
that the image is showing the product in a good position in the car, like in...
00:16:15:09 - 00:16:17:07
Lucas
The context again, yeah. But then visual.
00:16:17:07 - 00:16:23:15
Imco
Yeah. So it's not rocket science, right? So basically, does the USP match with the image? Yeah.
00:16:23:17 - 00:16:52:17
Lucas
Yeah, it's not rocket science, but I think it's easy to, to just forget about this because you're
thinking, "I'm optimizing for AI, it's still, you know, technical, robotic," but it moves towards a real
person, like in the sense that it looks at images to, to make a decision. Because images in
general are getting a lot more prominence in, in targeting also on that, on Google.
00:16:52:19 - 00:17:03:06
Lucas
So that is quite interesting. And you're saying you should not just make like the standard
infographic images that we see a lot on marketplaces.
00:17:03:08 - 00:17:26:24
Imco
Yeah. So I think there's definitely a place for infographics, right? But we are definitely moving to
a more visual, yeah, visual-focused strategy, if you will. There used to always be a saying in the
marketplace community, I would say basically, but so text is for robots and images are for
humans. But that's like, that, that's changing, right? So text is for robots, images are for humans
and robots. So it should be very clear. One image, one USP, and it should reflect the USP that
you're looking for. And of course, an infographic, especially for more technical products, it still
has its place. Yeah.
00:17:43:05 - 00:18:06:22
Lucas
Yeah, interesting. Yeah. So, so we're, we're doing a lot of, digging into our creators more and
how you can use that to sort of automate this process. Because lifestyle images, ultimately, it's,
it's expensive. Not all brands have the capacity to get lifestyle images. And with AI becoming so
good, so, so fast, you can now do that by robots.
00:18:06:24 - 00:18:21:18
Lucas
So then we'll, we'll end up in a, in a time where your images are made by robots, interpreted by
robots. And then, you know, do you think that's where does that end? If you, if you can put on
your, your, your...
00:18:21:20 - 00:18:23:08
Imco
I will look at my...
00:18:23:10 - 00:18:23:24
Lucas
In the glass...
00:18:24:01 - 00:18:24:08
Imco
Yeah.
00:18:24:11 - 00:18:25:23
Lucas
Orb.
00:18:26:00 - 00:18:57:11
Imco
Yeah. Where does it end? I think, I don't, I don't think there's really an end to it. I think who is
going to show the use case best, yeah, and who's going to prompt the best? Because there's
prompting and prompting, right? Well, you know from experience as well. So we also developed
a lot of tools in-house to generate these types of images and enrich the images via AI content,
like textual content, like we've done it for two years.
00:18:57:11 - 00:19:24:06
Imco
None of this investment is doing that. But I do think that it's... so in my vision, it's always going to
be 80% AI, 20% human. Yeah. So AI could do the bulk, and it's definitely a good starting point,
but it's not the endpoint. The last 20% is done by humans because they understand
best—there's different strategies. And I'm not saying AI is never going to get there.
00:19:24:08 - 00:19:38:09
Imco
But for now, in this situation, and I think it's safe to say for at least the coming, I don't know, let's
say two years maybe, the last 20% should be done by humans to, to get it perfect. Yeah, yeah.
00:19:38:11 - 00:20:00:23
Lucas
Yeah. And it also applies on, on... so that applies to the creation side, where you can't just put it
in AI and then, then think it will work out. If you, if you go on any marketplace, you look for
"token limit exceeded," for example, you get a bunch of products. They just never refreshed
their, their token limits, and their titles are now all, you know, "restore your token balance."
00:20:00:23 - 00:20:21:12
Lucas
I mean, that's, that's a prime example of why you need a human in the loop, as they, as they
say, right? Okay. So, so we talked about conversational commerce and how that funnel is
moving away from, you know, keyword-based to that one conversational moment. A lot of these
developments are sort of US-first, right?
00:20:21:12 - 00:20:39:14
Lucas
We had checkouts with Etsy. Now we have ChatGPT checkouts with Carrefour, a French
marketplace. Why do you think it's, it's so slow to, to pick up in, in Europe?
00:20:39:16 - 00:20:45:15
Imco
So why are these developments coming to Europe so slow, or why adopting so slow?
00:20:45:17 - 00:21:05:15
Lucas
Yeah. So, yeah, maybe that's, that's the first question. Do you think it's just about these, you
know, digital giants, the Shopifys, that they're all very big in the US and that is sort of their test
environment before they roll out to Europe? Or is there something else that's, that's causing the
slow adoption here?
00:21:05:17 - 00:21:35:02
Imco
I would say so, US is the home base of most of these companies, and it's a relatively easy...
right? It's a huge amount of people, same language. Yeah. Okay, so there's differences
obviously between, I don't know, Portland and Miami, yeah, yeah, slightly, but there's a lot of
similarities. If you look at Europe as a landscape, generically speaking, there's a lot of
differences already between the Netherlands and Belgium, which are literally like next to each
other.
00:21:35:04 - 00:21:57:12
Imco
So I think that's, that's the reason why these types of developments usually are US-first, and
also makes it a bit more difficult for these subsequently to, to actually move to the EU because...
so there's different payment systems, different logistics providers, different name it. So you have
to take all these things into consideration.
00:21:57:17 - 00:22:25:12
Lucas
Yeah, that's a, that's a valid point actually. And that's also what you've, what I've encountered
with sellers that want to expand. You know, very simple, very simple on paper, but language
barriers, culture barriers—it's, it's hard to, to just overcome them. But it's, it's coming our way,
that's for sure, basically. And, so you mentioned a few things that you can do today to prepare.
00:22:25:18 - 00:22:36:05
Lucas
We always have the, the, the golden nuggets segment. You already mentioned a few. So you
mentioned focus on images, don't neglect your images. What was the first one you mentioned?
00:22:36:05 - 00:22:50:12
Imco
It's, so basically from keywords to conversation, yeah. So, yeah, so more context indeed, then
images. So make sure your images are reflecting what you're trying to, to, to show the
customer.
00:22:50:12 - 00:22:52:00
Lucas
Yeah, yeah.
00:22:52:02 - 00:23:17:06
Imco
And then I would say last, definitely not least, is of course feed management. Yeah. So, what
you saw from the ChatGPT feed, that's already getting more and more extensive. I would say
assume that feeds for marketing specifically also get more extensive now. Plus, what we still
see a lot for existing sellers as well is they do a quick and dirty onboarding, right? So they get a
lot of attributes... I'm pretty sure you are familiar with this. But things like, okay, so ingredients
usually is mandatory, make sure to be specific. You have, for example, special features in
Amazon—make sure it's populated. Make sure it's, it's actually describing the product as it is.
So those types of attributes are becoming more and more important.
00:23:41:03 - 00:23:46:19
Imco
Yeah, a bigger level of marketplace. And that's where I see more tools like Channable definitely
come in.
00:23:46:22 - 00:24:13:17
Lucas
Yeah. Yes, in, we recognize that a lot. You can bypass, for example, ingredients attributes by
just putting in a forward slash. And then if you, if you do that the first time around, the chances
of you going back and adding the right ingredients are very low. We see it happen a lot. So
indeed. So two things you're saying: feeds are important and, and sort of the, the completeness
of your feeds.
00:24:13:19 - 00:24:37:01
Lucas
It's, my, my colleague said it on our partner event, like, "Feeds are sexy again." Channable
started... well, it's still a feed management tool to some extent, but we're doing a lot more now.
But it's, it's interesting to see that it goes back to the essence of e-commerce, which is product
data and having your product data top-notch.
00:24:37:03 - 00:24:45:09
Lucas
But, but we're still, you know, you're also saying essentially that setting up a marketplace
channel becomes more work.
00:24:45:11 - 00:25:09:17
Imco
Definitely. So I think, yeah, so times for quick and dirty are definitely done. And I think that this is
also where AI comes in, right? So as already briefly mentioned, we have a lot of in-house
developed AI tools, yeah, so image generation, textual, but also for feed management to, to
populate or at least identify what you're missing.
00:25:09:19 - 00:25:36:12
Imco
So what we have, for example, currently working on is, is literally like, "How can you become
Rufus-ready?" Yeah. So it's, you put in the ASIN and then it analyzes all the information on
Amazon and it tells... it gives you a score. Scores are, of course, based on... yeah, yeah, but for
Amazon, showed us, and that gives you really a good idea.
00:25:36:14 - 00:25:59:22
Imco
Okay, so you know how, how Rufus-ready are you? What gaps are showing? What attributes?
What... is your title reflecting the best practices and etc. types of things? And I think that that
would also be my advice for anyone working in actually any business. But yeah, for
marketplaces specifically, dive into these topics.
00:25:59:24 - 00:26:16:23
Imco
Get familiar with AI and then you can really do a lot. And then, yeah, it makes a lot of sense to,
to scale to these marketplaces and then do it efficiently via AI to multiple marketplaces and
really get the full market basically.
00:26:17:00 - 00:26:45:15
Lucas
Yeah. So you're essentially using AI to help feed the AI. I mean, and that's also how we are, we
work right now in bringing more AI to the tool. Because you can make, you can make... it's
becoming more complex, but because you have the tools to make it less complex, it kind of
evens out. But you still... the sort of the, the bottom line is still you need to make sure you take
the time and go for first-time right instead of the quick and dirty. You mentioned something there
as well. So, so I set up... I'm collecting from text generation, I think that's all very tangible. So if
you're, if you're selling on, on multiple marketplaces—well, let's first look into Rufus, because
that, you mentioned Rufus, right? You're really focusing on becoming Rufus-ready.
00:27:14:24 - 00:27:39:00
Lucas
Yeah. You also mentioned bol is going to launch something similar to, to Rufus. So it's, it's a, it's
a trend that's in, that's happening in the markets. How do you... so how do you, sellers interact
with Rufus? I've, I've, I've seen that you can export Rufus conversation data in Amazon, for
example, to learn from sources.
00:27:39:02 - 00:27:49:07
Imco
So as of right now, at least as far as I'm aware, it's not in the API, for example. So you can't get
actual notebooks...
00:27:49:09 - 00:27:50:21
Lucas
Not just, not yet.
00:27:50:21 - 00:27:57:07
Imco
Most likely, definitely. What you can do is, Amazon uses Anthropic, so... yeah.
00:27:57:09 - 00:27:58:14
Lucas
Yeah.
00:27:58:16 - 00:28:24:01
Imco
So if you really dive into the data a little bit, then you can reconstruct basically what kind of what
clients can ask. And otherwise, it's, it also makes total sense—you just go to Amazon, act like a
consumer or ask, I don't know, friends or family or whoever. Go to Amazon. "You're looking for
this specific product, what do you type?" And then see if you show up, right? And then start
optimizing from there. There's no, like there's no, "get rich quick" scheme. There's no... if you
just launched a product, stick with the basics, you know? Get product reviews, get sales, make
good ads, etc., etc. From there, as soon as your, your product is a little bit, yeah, set in the
market, then from there you can look into, "Okay, now I want to focus on optimizing for Rufus."
00:28:53:11 - 00:29:14:11
Lucas
Yeah. Yeah, that makes sense. First things first, ultimately. Okay, I think that's already quite a bit
of tangible advice. How, how big is Rufus now in, in, in Europe? Is it, do you think, do you think
it still needs some work before it becomes what it is in the US?
00:29:14:13 - 00:29:36:08
Imco
Yeah, I don't really have a split between US and EU numbers. They are pushing quite heavily,
obviously. So more and more of these broadbands become available via Rufus. Yeah, don't pin
me on these numbers, but I think it's like 1 in 95, do you know, things are already generated for
AI...
00:29:36:12 - 00:29:40:11
Lucas
Crazy amount. And conversation, the, the conversion is quite high, right?
00:29:40:11 - 00:29:54:10
Imco
Yeah. So up to 60% now. That that's going to change, so that's, that's quite a bit. And they
expect to do like, like 30, 40, 50 billion, yeah, additional revenue because of Rufus. So they're
there...
00:29:54:10 - 00:29:55:07
Lucas
Because it makes shopping easier.
00:29:55:07 - 00:30:04:10
Imco
Yeah. So they had a forecast for, let's say they are going to 900 billion, yeah, you expect to add
50 billion on the, on those 900 billion.
00:30:04:10 - 00:30:06:06
Lucas
Crazy.
00:30:06:08 - 00:30:11:16
Imco
Because they have Rufus, which converts way better than the traditional search. Oh, it's crazy.
00:30:11:19 - 00:30:37:20
Lucas
And you mentioned one thing that, that I think is, is also a key, key advice to, to sellers listening,
is sort of becoming the consumer. I've noticed that in myself. You know, if you're working on
selling products, it's quite easy to focus on, you know, your side, Seller Central. But it's,
especially now with these, with the discovery phase becoming a conversation, have that
conversation also. Not have others or have colleagues... I mean, in product management we do
a lot of user testing, right? We have people experience something and we learn from them
because they're not biased. Do the same essentially browsing for products. See what you find,
what you, what you're not finding. Yeah, and also see what, what sort of, how you have that
conversation.
00:31:01:21 - 00:31:05:23
Lucas
I think that's just a very practical bit of advice.
00:31:06:00 - 00:31:30:08
Imco
And I think be, like, not being biased is key here, right? Which you mentioned. It's really... I
would, for me at least, it's very difficult that if I'm looking for a specific... so I have client
information, and let's stick with the air fryers, yeah, now we're at it. It's really hard to not move
towards that specific air fryer, right? So maybe ask, I don't know, colleagues that don't work with
the client like, "Hey, look it up," and then move from there because otherwise it gets really
difficult. You're going to steer it towards the air fryer that you're looking for.
00:31:42:02 - 00:32:02:04
Lucas
Nice. Okay, I think, that it wraps it up. We have a last bit segment, it's a few, few quickfire
questions. I had a few questions I wanted to ask you, but, you can, you can skip one if I'm, if I'm
asking a great question. So, Gemini or...
00:32:02:06 - 00:32:03:04
Imco
Gemini.
00:32:03:06 - 00:32:06:15
Lucas
Why?
00:32:06:17 - 00:32:18:21
Imco
I do prefer Gemini because it's connected into the Google suite quite a bit. Yeah, I think that's,
that's more supportive for me. Now, Amazon or bol?
00:32:18:23 - 00:32:20:04
Imco
Yeah, yeah.
00:32:20:06 - 00:32:21:01
Lucas
As a consumer.
00:32:21:01 - 00:32:28:17
Imco
I actually... Okay. So this... I'm not going to, I don't want to avoid the question. Yeah, I see
Amazon for FMCG goods.
00:32:28:19 - 00:32:29:04
Lucas
Oh, yeah.
00:32:29:04 - 00:32:36:00
Imco
Yeah, I do then. I do still prefer bol over the... yeah, a little bigger purchase.
00:32:36:00 - 00:32:42:23
Lucas
Yeah. And I was going to ask Temu or Shein, but I'll skip that for you.
00:32:43:00 - 00:32:52:04
Imco
To be honest, I bought maybe two products on either platform. I did, like... I actually never go to
research.
00:32:52:06 - 00:32:52:19
Lucas
Research.
00:32:52:19 - 00:32:57:15
Imco
I read for research purposes, and other than that, I skip those. Okay.
00:32:57:17 - 00:33:19:02
Lucas
Well, thanks for coming on, on the podcast. It was a good conversation. I think this is a topic
where probably in two months' time and a half, it's going to be outdated, but yeah, yeah, it's
hard to update. Yeah, yeah, thank you for listening. Next show is on Amazon DSP. Is that
something you're familiar with?
00:33:19:04 - 00:33:23:07
Imco
You are familiar with it in the sense that, so we do serve clients, but it's not...
00:33:23:09 - 00:33:41:01
Lucas
It's quite a niche topic. Yeah, we're talking to Assembly from Trivium about Amazon DSP, which
for me... I've done a lot of Amazon, it was also filled with new insights I didn't know that much
about. Okay, thanks again and yeah, well, maybe till next time.
00:33:41:03 - 00:33:53:21
Imco
Definitely. Thanks, too.