A new technology based on Image Recognition is revolutionizing eCommerce

Yakkyofy as we speak launched the first-ever Picture Recognition software program that enables eCommerce entrepreneurs to get real-time B2B quotations for his or her dropshipping merchandise with delivery costs for greater than 100 international locations in a matter of seconds.

Rome 19/02/2020, Yakkyofy, the one software program that helps eCommerce house owners to utterly automate their dropshipping companies sourcing and achievement processes, has simply launched the primary instrument available on the market that may present real-time B2B quotations for dropshipping merchandise in a matter of minutes.

This Picture Recognition Expertise primarily based on Machine Studying, that’s at the moment below worldwide patent safety (PTC), will acknowledge any image despatched by the client, discover it in a 12 million product catalog and provides again a citation with delivery costs for greater than a 100 international locations immediately.

A disruptive know-how that can change the eCommerce market eternally

The dropshipping gross sales mannequin permits on-line retailers to promote merchandise that they don’t bodily personal. As soon as the sale is made, the service provider pays the product and transfers the client’s order to his suppliers, who proceed to ship the product to the ultimate customers.

This method reduces vastly the administration prices of on-line shops, as retailers don’t want to purchase shares of merchandise beforehand and they don’t have to bear any expense for managing a warehouse and fulfilling their orders.

This can be a big market that’s rising exponentially 12 months after 12 months: in 2019 the worldwide eCommerce retail sector generated revenues for greater than $3453 billion of which 33% coated by the dropshipping gross sales mannequin for a complete quantity of $1139 billion which is forecasted to achieve $1609 billion in 2021 (statista.com).

Till now, many of the merchandise delivered in dropshipping had been purchased by eCommerce house owners with two fundamental strategies: including a margin on merchandise purchased utilizing arbitrage on one other market or straight from a provider.

Within the first case, the dropshipper was shopping for merchandise one after the other at B2C costs, within the second, he was shopping for merchandise at B2B costs, however needed to anticipate quotations from 7 to 10 days and needed to guarantee to the provider a minimal quantity amount for the merchandise he was going to purchase.

Because of the brand new instrument provided by Yakkyofy that gives real-time B2B quotations for dropshipping merchandise every little thing is modified and now dropshippers can have B2B costs for his or her merchandise with out ready and with out the request of a MOQ.

How this Picture Recognition know-how works

In 2018, Giovanni Conforti and Carole Hsiao, founders of Yakkyofy, had the concept to understand a software program that would utterly automate the administration of a dropshipping enterprise from sourcing to supply.

With this mission in thoughts, in September 2018, they launched the primary model of the Yakkyofy software program that allowed prospects to import merchandise from their catalog in only one click on and to automate the fee and the achievement of all of the orders arrived on a retailer.

The primary model of the software program might additionally ship orders inside 3-12 days in North America and many of the EU international locations and ship again a monitoring quantity to the top buyer robotically.

At this time, Yakkyofy, along with the primary model of its software program, launched a brand new instrument for real-time B2B citation that can change the market eternally: due to an Think about Recognition Expertise primarily based on Machine studying, Yakkyofy’s software program is now in a position to map an image despatched by a buyer, discover it in an enormous database with thousands and thousands of merchandise and provides again a citation with delivery costs for greater than 100 international locations in a matter of minutes.

“2020 will likely be a really thrilling 12 months for us,” mentioned Giovanni Conforti, Yakkyofy’s CEO. “Because of our Picture recognition know-how, now we’re the one firm on the dropshipping market that gives a brand new automated service to get virtually instantaneous B2B quotes. This new instrument will redefine utterly the dropshipping market as a result of it should provide larger revenue margins, minimize down ready instances for product quotations and improve dropshippers’ reactive gross sales when assembly new product developments.”

In 2021, statistics estimate that dropshipping revenues will attain $1609 billion and Yakkyofy is eager on taking the lead and changing into the principal participant within the sector, due to its new disruptive know-how and the various different options which might be going to be launched within the subsequent 12 months.

Quickly, Yakkyofy’s software program engineers will introduce extra options to automate even additional the companies that the corporate offers. Maintain following the corporate on its Social media accounts to be up to date with the newest releases.

Go to the Yakkyofy web site:

Picture Recognition Web page:

Concerning the Firm: Yakkyofy is the one dropshipping software program that helps you handle and automate all of your dropshipping enterprise every day duties and to avoid wasting money and time. The software program is actually easy, you register totally free, join your retailer to Yakkyofy (they’ve direct integrations with Shopify and Woocommerce), import your merchandise and begin to promote, with out stock.

Every time an order arrives in your retailer, the identical order will likely be handed robotically to Yakkyofy, who will buy the product and ship it out to the ultimate buyer. On the similar time, a monitoring quantity will likely be robotically despatched to your prospects by e mail.

Yakkyofy may also help you in dropshipping merchandise in Personal label and with custom-made packaging. The entire Yakkyofy companies can be found to you with only a few clicks, straight on our software program, no guide work required.