Wanxiang AI Lab empowers SMEs: Cost-free, instant product launches through innovative AI

Problem and implemented solution

1. Challenge: During a brand's product launch, a large volume of creative materials needs to be produced, incurring substantial human and resource costs and involving a cumbersome process. The Wanxiang AI Lab aims to address the "impossible triangle" in e-commerce brand visual creativity production, tackling "background richness," "detail fidelity," and "product integration." By leveraging AI algorithms, the lab facilitates brands in swiftly creating visual marketing content, resolving the challenges of time-consuming, complex traditional commercial photography and high costs, thereby enhancing efficiency and reducing expenses. 2. Insight: Market research indicates that the cost of creative e-commerce product photography generally falls between 200 and 2000 yuan per set. Brands require diverse and tailored creative content for different users, product features, and marketing contexts. For resource-constrained emerging brands and SMEs, Alimama's Wanxiang AI Lab offers transformative technology that is vital in streamlining the product launch pipeline. The lab harnesses AI's efficient and stable production capacity to address the tension between creativity and cost control for merchants in their e-commerce endeavors. Strategic Creativity/Strategy Building: By leveraging AI functionalities provided by Alimama's Wanxiang AI Lab, businesses can adapt models at zero cost, create scenes at no cost, and mass-produce high-quality product images within 30 seconds, thereby expediting the product launch process and lowering expenses. Alimama's Wanxiang AI Lab, with AI's scalability in production, combined with optimized creative generation models, brand/product attributes, and target user characteristics, generates creative images in real-time or pre-production on a large scale, covering the personalized and differentiated rich creative demands across various marketing aspects of brand products. 3. Strategy and Creative Implementation: Implementation Direction 1: Optimize the creative generation model's semantic understanding, drawing accuracy, and aesthetics through algorithmic enhancements, assuring controllable creative quality. Implementation Direction 2: Gain insights into creative factors, integrating brand characteristics, product attributes, high-conversion creative traits by category, and campaign attributes. By incorporating AI-driven reasoning pathways, more contextually suitable creative visuals can be produced, focusing on scalable production and variability in creativity.

China
Nomination

Artificial Intelligence And Digital Services

Topic

Artificial intelligence

Estimated duration of implementation

February 2024

Implementation geography

Hangzhou, China

Description of competitive advantages

1. Achievements: Since its launch, Wanxiang AI Lab has amassed over hundreds of thousands of merchant users and generated over 13 million creative images. The user adoption rate for AI-generated creatives exceeds 50%, with a 5% uplift in CTR and a 7% increase in RPM for mid-market and small businesses. The lab empowers merchants to create marketing creatives at zero cost. During the 618 Campaign, more than hundreds of thousands of merchants utilized 'AI Intelligent Creatives' for their Alimama marketing campaigns, generating 11.4 million creative images. This led to an average increase of 15% in the size of merchants' creative assets, with AI-intelligent creative groups boosting CTR by an average of 8.56%. 2. Advantages: 1) Drastically Reduced Costs for E-commerce Creative Production: The lab enables merchants to adapt models at zero cost, create scenes at no cost, and mass-produce high-quality product images within 30 seconds, thereby expediting the product launch process and lowering expenses. 2) High Relevance and Adoption of AI-generated Creatives: AI-generated images based on product and brand attributes result in a user adoption rate above 50%. 3) Extensive AI Background Templates and Model Assets: Wanxiang AI Lab provides over 5,000 background templates and 120 models for free to merchants, facilitating the creation of diverse and engaging content. 4) Data Insights and Guidance for Merchant Campaigns: By leveraging AI-generated creative performance, the lab offers real-time insights and guidance for creative rotation and optimization, ensuring high conversion rates for merchant campaigns.

List of awards and prizes, media articles about the organization/individual or the Practice

N.A.

List of scientific works and IP connected with the Practice

N.A.

Contacts

For queries about BRICS Solutions Awards please reach out to Agency for Strategic Initiatives International Office Team:

Partners

logo-ntilogo-tpprflogo-brics-businesslogo-tv-bricslogo-development-corporation
rainbow
footer-star