Latest / The Ecommerce Revolution Podcast / From Bots to AI Agents: How Ecommerce Brands Can Scale Smarter
Transcript
- 0:00SPEAKER_01: Well,
- 0:00SPEAKER_01: if you were to go into a store,
- 0:01SPEAKER_01: a brick and mortar store and talk to a sales associate,
- 0:03SPEAKER_01: you now have the ability to do that online with an AI assistant.
- 0:07So the vision of what we're building at Nobi is to really
- 0:11create that sales
- 0:12SPEAKER_01: associate,
- 0:13SPEAKER_01: but in your store,
- 0:14SPEAKER_01: in your brand,
- 0:15SPEAKER_01: to let your customers find what they want more easily.
- 0:18And hopefully you as a brand can upsell and cross sell them
- 0:22with products that they
- 0:22SPEAKER_01: actually want.
- 0:24Welcome to today's episode of the e-commerce revolution podcast
- 0:27where we dive into
- 0:28the dynamic world of e-commerce and uncover the tools and
- 0:31tactics that empower
- 0:33SPEAKER_00: today's emerging entrepreneurs.
- 0:35SPEAKER_00: Our podcast is part of our community with the same name.
- 0:38The community is geared to providing emerging e-commerce
- 0:41entrepreneurs with
- 0:42SPEAKER_00: courses,
- 0:43content and coaching to help you all launch and grow successful
- 0:47businesses.
- 0:48SPEAKER_00: Check us out at ecomrevolution.co.
- 0:51SPEAKER_00: Let's get things started.
- 0:56SPEAKER_00: Welcome to another episode of the eCommerce Revolution Podcast.
- 1:00SPEAKER_00: I'm Ramin, your host.
- 1:02SPEAKER_00: Today,
- 1:02we're diving into one of the most exciting and fast evolving
- 1:06areas of eCommerce,
- 1:09SPEAKER_00: AI agents and AI shopping assistants.
- 1:12SPEAKER_00: And we're bringing back a familiar face to help us explore this topic.
- 1:16SPEAKER_00: Shanif Dhanani first joined us when he was building Aptio,
- 1:20a predictive marketing platform helping e-commerce brands
- 1:24understand what their
- 1:25SPEAKER_00: customers would buy next.
- 1:28SPEAKER_00: Since then,
- 1:28SPEAKER_00: he's continued to push the boundaries of AI in e-commerce,
- 1:32SPEAKER_00: and today he's back with something even bigger.
- 1:36SPEAKER_00: Shaneef is now the founder of Nobi,
- 1:38an AI shopping assistant that helps e-commerce brands improve
- 1:42product discovery,
- 1:43SPEAKER_00: boost average order value,
- 1:45and uncover real-time customer insights through intelligent
- 1:49conversations.
- 1:51SPEAKER_00: His journey spans co-founding TapCommerce,
- 1:53SPEAKER_00: which was acquired by Twitter,
- 1:55working as a data scientist and now driving innovation at the
- 1:58intersection of AI
- 2:00SPEAKER_00: and e-commerce.
- 2:02Without any further ado,
- 2:04please welcome Shanif back to the e-commerce revolution
- 2:06podcast.
- 2:07SPEAKER_00: Shanif, great to have you here today.
- 2:08SPEAKER_01: Hey, Ramin, thank you so much for having me back.
- 2:11SPEAKER_01: It was a pleasure to chat last time and I'm excited to chat today.
- 2:15SPEAKER_00: I love it,
- 2:15SPEAKER_00: and as I mentioned to you,
- 2:18SPEAKER_00: I was scrolling through LinkedIn,
- 2:21SPEAKER_00: obviously reading a lot of AI,
- 2:22SPEAKER_00: and I came across,
- 2:23SPEAKER_00: I'm like,
- 2:23SPEAKER_00: wait,
- 2:24SPEAKER_00: Shaneef is doing something very different,
- 2:27SPEAKER_00: very exciting,
- 2:28SPEAKER_00: obviously playing perfectly into the world of AI and e-commerce,
- 2:32SPEAKER_00: that intersection that is so important.
- 2:34SPEAKER_00: I love it.
- 2:36SPEAKER_00: We leave you alone for two years,
- 2:37SPEAKER_00: and you go and build another business,
- 2:39SPEAKER_00: and I guess that's what entrepreneurs and founders do,
- 2:42SPEAKER_00: right?
- 2:43SPEAKER_01: That founder's got to found,
- 2:44SPEAKER_01: you know,
- 2:45SPEAKER_01: it's unfortunate because at some point you're kind of like,
- 2:47SPEAKER_01: what am I doing with my life?
- 2:49SPEAKER_01: Maybe I should go work, but you got to do what you got to do.
- 2:51SPEAKER_00: So you got to wear that t-shirt.
- 2:53SPEAKER_00: You got to get that t-shirt because that's a player's got to play.
- 2:55SPEAKER_00: Founders got to found.
- 2:56SPEAKER_00: I like it.
- 2:57SPEAKER_00: I like it.
- 2:58SPEAKER_00: Oh, that's what I thought.
- 2:59SPEAKER_01: Yeah, no, but I'm back and it's doing some interesting stuff, I think.
- 3:03Yeah,
- 3:03we'll take a moment and just tell us about the company,
- 3:06the business,
- 3:06the vision.
- 3:06SPEAKER_00: I mean,
- 3:07SPEAKER_00: I have a lot of questions about the specifics,
- 3:09SPEAKER_00: but I really,
- 3:10SPEAKER_00: really want to just understand,
- 3:11SPEAKER_00: you know,
- 3:11SPEAKER_00: just the overarching idea behind this.
- 3:14SPEAKER_01: Sure.
- 3:15SPEAKER_01: You know, for those folks, I think it all starts with AI.
- 3:17SPEAKER_01: A couple of years ago, the way we think about AI today has changed.
- 3:21SPEAKER_01: You know,
- 3:21SPEAKER_01: when we first spoke,
- 3:23SPEAKER_01: it was less about chat and,
- 3:25SPEAKER_01: you know,
- 3:25SPEAKER_01: these conversational models.
- 3:27SPEAKER_01: And it was a lot more about,
- 3:28SPEAKER_01: you know,
- 3:29SPEAKER_01: in my case,
- 3:29SPEAKER_01: predicting what people are going to do next and quantitative stuff.
- 3:32SPEAKER_01: Today, we're in a world where machines can reason.
- 3:35SPEAKER_01: They can think.
- 3:35They can essentially spit out things that make total sense,
- 3:38which opens up this huge world.
- 3:41SPEAKER_01: In the world of e-commerce especially, it opens up a world where
- 3:44SPEAKER_01: For example,
- 3:45SPEAKER_01: if you were to go into a store,
- 3:46SPEAKER_01: a brick and mortar store and talk to a sales associate,
- 3:48SPEAKER_01: you now have the ability to do that online with an AI assistant.
- 3:52So the vision of what we're building at Nobi is to really
- 3:56create that sales
- 3:57SPEAKER_01: associate,
- 3:58SPEAKER_01: but in your store,
- 3:59SPEAKER_01: in your brand,
- 4:00SPEAKER_01: to let your customers find what they want more easily.
- 4:03And hopefully you as a brand can upsell and cross sell them
- 4:07with products that they
- 4:07SPEAKER_01: actually want.
- 4:09SPEAKER_00: That's great.
- 4:10SPEAKER_00: I love the example of the physical world because so much of what we do in
- 4:15SPEAKER_00: e-commerce should relate to the physical world.
- 4:17SPEAKER_00: How do we do that?
- 4:19Because that is probably the greatest connection between a
- 4:22customer and a brand and a store.
- 4:25SPEAKER_00: How do you bring that?
- 4:26SPEAKER_00: So I love that.
- 4:27SPEAKER_00: Well,
- 4:27SPEAKER_00: maybe just let's take one step back and just explain to our audience,
- 4:30SPEAKER_00: you know,
- 4:31SPEAKER_00: this term of AI agent because we're hearing a lot of it,
- 4:35SPEAKER_00: right?
- 4:35SPEAKER_00: It is everywhere.
- 4:37SPEAKER_00: Everybody's talking about it.
- 4:39Mark Benioff of Salesforce says they're throwing everything
- 4:42they have behind agents.
- 4:44SPEAKER_00: Everything is happening there.
- 4:45SPEAKER_00: Tell the audience exactly what an AI agent is.
- 4:48SPEAKER_01: You know, I love this term and I hate this term.
- 4:51SPEAKER_01: Everybody uses it, but nobody knows what the heck it means.
- 4:53SPEAKER_00: Right.
- 4:54SPEAKER_01: That's the crazy thing.
- 4:55An AI agent is just a piece of software that can take some
- 4:59actions based on an
- 5:01objective and it can take those actions by itself without
- 5:04having to have a human in
- 5:04SPEAKER_01: the loop.
- 5:06SPEAKER_01: Now we can do that today because as I mentioned earlier,
- 5:09SPEAKER_01: you've got these models,
- 5:10SPEAKER_01: these LLM models like ChatGPT,
- 5:13SPEAKER_01: which people have used that can,
- 5:15SPEAKER_01: I hate to use this word as a data scientist,
- 5:17SPEAKER_01: but quote unquote think.
- 5:19SPEAKER_01: And so now that you have software that can think,
- 5:22SPEAKER_01: you can also get that software to make intelligent decisions.
- 5:26SPEAKER_01: by using things like tools or actions,
- 5:29SPEAKER_01: looking up products in a catalog,
- 5:30SPEAKER_01: for example,
- 5:32or looking up your order number in a database to help you
- 5:34figure out when are you
- 5:36SPEAKER_01: going to get your package.
- 5:37So long story short,
- 5:38an agent is software that can take actions on its own.
- 5:42SPEAKER_00: That's great.
- 5:43SPEAKER_00: All right, perfect.
- 5:44SPEAKER_00: I love that.
- 5:45You simplified it because I do think it's being overused and I
- 5:48think a lot of
- 5:49SPEAKER_00: people just don't understand.
- 5:50SPEAKER_00: And how does it differ,
- 5:51SPEAKER_00: let's just say from a bot,
- 5:53SPEAKER_00: what we'll think of as a chat bot back in the day,
- 5:57SPEAKER_00: which was only two years ago.
- 5:58SPEAKER_00: How does it differ from a bot?
- 6:02SPEAKER_01: That's a great question.
- 6:05Bots are really,
- 6:06really the stupidest version of an agent if you can think about
- 6:09them.
- 6:09SPEAKER_01: Bots can't essentially take actions on their own.
- 6:12SPEAKER_01: What happens in a bot is they essentially just follow a script.
- 6:17SPEAKER_01: If you're a software developer,
- 6:18SPEAKER_01: you make this bot,
- 6:19SPEAKER_01: you tell it,
- 6:20SPEAKER_01: first go to,
- 6:22SPEAKER_01: if somebody mentions this phrase and it has this keyword,
- 6:25SPEAKER_01: then do this.
- 6:26SPEAKER_01: Big if then tree, big decision tree.
- 6:29SPEAKER_01: and it just follows the decision tree all the way down.
- 6:31SPEAKER_01: With an agent, you are not necessarily doing if-then rules.
- 6:36You're essentially looking at the meaning and the intention
- 6:39behind what someone is
- 6:40SPEAKER_01: saying,
- 6:41SPEAKER_01: and you are responding to them intelligently.
- 6:43SPEAKER_01: So bots are essentially just scripts that follow a lot of if-then rules.
- 6:49SPEAKER_01: Really, really stupid, and maybe not even agents really.
- 6:54SPEAKER_00: Nice, nice.
- 6:55SPEAKER_00: Okay.
- 6:55SPEAKER_00: Well,
- 6:55SPEAKER_00: if I'm a small e-commerce brand,
- 6:57SPEAKER_00: you know,
- 6:58SPEAKER_00: why,
- 6:58SPEAKER_00: you know,
- 6:59SPEAKER_00: other than it's the cool thing to do,
- 7:01SPEAKER_00: which I think a lot of people jump into,
- 7:03SPEAKER_00: right?
- 7:04SPEAKER_00: Why should I be paying attention right now to AI agents?
- 7:08SPEAKER_00: Is this going to save my business?
- 7:10SPEAKER_00: Is it going to be able to take my business to the next level?
- 7:13SPEAKER_00: We talked about,
- 7:13SPEAKER_00: you know,
- 7:13SPEAKER_00: as far as being able to average order value,
- 7:16SPEAKER_00: being able to create that shopping assistant,
- 7:18SPEAKER_00: but just in general,
- 7:20SPEAKER_00: AI agents,
- 7:21SPEAKER_00: why should I be paying attention to it right now?
- 7:24SPEAKER_01: You know,
- 7:24SPEAKER_01: outside of the fact that everybody's using the word AI 100 times a day,
- 7:27SPEAKER_01: AI agents have a lot of benefits for your store.
- 7:31SPEAKER_01: I will be super transparent, though.
- 7:32If your brand is struggling or maybe you haven't figured out
- 7:36quite who your
- 7:36SPEAKER_01: customer is,
- 7:38SPEAKER_01: AI agents won't help.
- 7:39SPEAKER_01: You need to have the fundamentals in place.
- 7:42SPEAKER_01: But if you've got a good brand and you've got a good product,
- 7:45where we are seeing AI agents really help is in the ability for
- 7:50the customers who
- 7:51SPEAKER_01: come to your store online...
- 7:53or even your salespeople in store who are using the agent to
- 7:56really figure out
- 7:57SPEAKER_01: what's the best thing to show to one particular customer.
- 8:00SPEAKER_01: And how do you do that quickly?
- 8:02SPEAKER_01: How do you do it effectively?
- 8:03SPEAKER_01: And then once they actually say,
- 8:05SPEAKER_01: yeah,
- 8:05SPEAKER_01: I like this product,
- 8:06SPEAKER_01: maybe they add it to their cart,
- 8:08SPEAKER_01: then what are other products that you can show them as well?
- 8:11AI agents are great at improving your conversion rates and
- 8:15improving your average order values.
- 8:17But like I said,
- 8:18you kind of have to have the fundamentals in place first.
- 8:21SPEAKER_01: Mm-hmm.
- 8:21SPEAKER_00: And I start to think, you know, about agent.
- 8:23SPEAKER_00: I mean, I'm always thinking about how do I save more time, right?
- 8:25SPEAKER_00: How do I, you know, how do I do more with less?
- 8:28And maybe I'm not even a position as an emerging e-commerce
- 8:31entrepreneur to hire a
- 8:33SPEAKER_00: huge staff,
- 8:33SPEAKER_00: right?
- 8:34SPEAKER_00: I want to,
- 8:34SPEAKER_00: you know,
- 8:34SPEAKER_00: build this million dollar business,
- 8:36SPEAKER_00: you know,
- 8:37SPEAKER_00: million plus with a small crew.
- 8:40SPEAKER_00: You know, are these areas where an AI agent can come in handy?
- 8:44SPEAKER_00: Customer service, you know, order processing.
- 8:47SPEAKER_00: you know, those types of areas.
- 8:49SPEAKER_00: Are there specific categories right now where people are leaning in,
- 8:53SPEAKER_00: you know,
- 8:54SPEAKER_00: in terms of building software?
- 8:57SPEAKER_01: Yeah, yeah, absolutely.
- 8:58SPEAKER_01: You know,
- 8:59SPEAKER_01: when we first came into this world of AI hype a couple of years ago,
- 9:02the first place that people applied these AI agents was to
- 9:05customer support and
- 9:06SPEAKER_01: service.
- 9:07SPEAKER_01: Being able to
- 9:09SPEAKER_01: have something that's on 24-7,
- 9:11it knows about your entire business or at least everything
- 9:14that's on your website
- 9:16SPEAKER_01: as well as everything that's in your back end,
- 9:18SPEAKER_01: allows customer service and customer success to be a lot more seamless.
- 9:23SPEAKER_01: So now you as a brand may not need to spend as much.
- 9:26SPEAKER_01: We have done a lot of this,
- 9:28SPEAKER_01: but really where we are seeing a lot of applications for AA agents,
- 9:31SPEAKER_01: which is kind of new,
- 9:33SPEAKER_01: is in the front-end experience where you as the customer,
- 9:36SPEAKER_01: as the shopper on a store,
- 9:38SPEAKER_01: are really interacting with the AI agent.
- 9:40SPEAKER_01: That's a little bit newer.
- 9:41SPEAKER_01: So again,
- 9:42SPEAKER_01: you know,
- 9:42long way of saying the customer support stuff is just an
- 9:47obvious application of AI
- 9:48SPEAKER_01: agents.
- 9:49SPEAKER_01: It allows you as a brand to hire fewer support reps.
- 9:52It allows you as a brand to have something that's 24-7 online
- 9:55that can answer all
- 9:55SPEAKER_01: your users' questions.
- 9:57SPEAKER_01: Now,
- 9:57SPEAKER_01: once you've got one of those up and running,
- 9:59maybe you can start to apply the same sort of technology to
- 10:02improving your
- 10:03SPEAKER_01: customers' experience on the front end,
- 10:05SPEAKER_01: having them buy more or having them find more products.
- 10:07SPEAKER_01: And that's sort of a newer area that we're playing in today.
- 10:10SPEAKER_00: Nice, nice.
- 10:11SPEAKER_00: Well,
- 10:11SPEAKER_00: all right,
- 10:11let's dive into the shopping assistant because I really do
- 10:14think that this is a
- 10:15SPEAKER_00: great area.
- 10:16SPEAKER_00: I mean, I can think back to 2003 or 2004.
- 10:19SPEAKER_00: You know,
- 10:19SPEAKER_00: the idea of coming up with a,
- 10:22SPEAKER_00: you know,
- 10:22SPEAKER_00: a quiz that would eventually lead to products,
- 10:25SPEAKER_00: right?
- 10:26SPEAKER_00: You know,
- 10:26SPEAKER_00: you ask people a bunch of questions and,
- 10:28SPEAKER_00: you know,
- 10:28SPEAKER_00: then the product recommender,
- 10:30SPEAKER_00: right?
- 10:30SPEAKER_00: And,
- 10:31SPEAKER_00: you know,
- 10:31SPEAKER_00: the world of quizzes has obviously expanded,
- 10:33SPEAKER_00: you know,
- 10:34SPEAKER_00: dramatically in the world of e-commerce.
- 10:35SPEAKER_00: But I look at this a little bit like that, too.
- 10:37SPEAKER_00: Somebody's going to come in, you know, I don't know what I want, right?
- 10:40SPEAKER_00: I land on a brand.
- 10:41SPEAKER_00: I land on a store.
- 10:43SPEAKER_00: There was maybe...
- 10:44SPEAKER_00: 500 products or plus in a catalog.
- 10:47SPEAKER_00: I just don't know.
- 10:48SPEAKER_00: Talk to me about the assistant.
- 10:50SPEAKER_00: How does the assistant start to interact with the customer?
- 10:55Do I have to engage with the assistant first or does the
- 10:57assistant kind of look to
- 10:58SPEAKER_00: see that I'm staring at a page for half an hour,
- 11:01SPEAKER_00: no idea what I'm doing?
- 11:03SPEAKER_00: What happens?
- 11:05SPEAKER_01: I really like, by the way, great analogy, great intro with the quiz.
- 11:10SPEAKER_01: A lot of people talk to us about quizzes.
- 11:13SPEAKER_01: I like to use the analogy of the salesperson.
- 11:15SPEAKER_01: You go into a store,
- 11:17SPEAKER_01: generally,
- 11:18SPEAKER_01: they'll let you walk around,
- 11:19SPEAKER_01: they'll watch you as you pick something up,
- 11:21SPEAKER_01: and then they'll come over maybe when you take something off the quiz.
- 11:23off the rack and say,
- 11:24hey,
- 11:25are you looking for buying for some specific occasion?
- 11:29SPEAKER_01: Or, hey, do you have any questions about this product?
- 11:32SPEAKER_01: We tend to take a similar approach with Nobi.
- 11:34SPEAKER_01: With Nobi, you can engage with us in a few different ways.
- 11:37SPEAKER_01: Many of them are like what you would do with a sales assistant.
- 11:40SPEAKER_01: So for example...
- 11:41SPEAKER_01: If you add something to your cart,
- 11:43SPEAKER_01: Nobi might show up with a little message inside the cart that says,
- 11:46SPEAKER_01: hey,
- 11:47SPEAKER_01: great choice.
- 11:48SPEAKER_01: You know, are you shopping for a beach occasion?
- 11:50Maybe you bought some swimmer or are you shopping for a day out
- 11:53for camping based
- 11:54SPEAKER_01: on what you're buying?
- 11:55SPEAKER_01: It only shows up in that case when the shopper actually does something.
- 12:00In other cases,
- 12:01maybe you as a shopper have a question,
- 12:03you're looking at a product
- 12:04SPEAKER_01: One of our customers has machine washable cashmere and,
- 12:07SPEAKER_01: you know,
- 12:07SPEAKER_01: on the product page you might say,
- 12:09SPEAKER_01: hey,
- 12:09SPEAKER_01: is this actually machine washable?
- 12:11So you type that in to a little assistant text box and it comes
- 12:14up with the answer.
- 12:16Some other customers of ours are actually using us for
- 12:19replacing their search boxes entirely.
- 12:21So the cool thing about AI is you can actually have better
- 12:24search results than what
- 12:25SPEAKER_01: the default Shopify is.
- 12:26SPEAKER_01: So you could just plug the assistant into your search bar.
- 12:29SPEAKER_01: You click the little search icon and it says search with AI.
- 12:32And then you've got an assistant that comes up that says,
- 12:34hey,
- 12:34I saw you were looking for this.
- 12:35Here's my top,
- 12:36you know,
- 12:36five,
- 12:3710 outfits or five,
- 12:3910 items based on your search result.
- 12:42SPEAKER_01: Can I show you anything else?
- 12:43The cool thing about what we're doing is we don't force it down
- 12:46the user's throat.
- 12:47My co-founder and I are not fans of the little chat bubble that
- 12:50sits in the bottom right.
- 12:52SPEAKER_01: We think it should be helpful and responsive to the user.
- 12:55And so we've built it in a way that it can be engaged in lots
- 12:58of different ways.
- 12:59SPEAKER_00: Nice.
- 13:00SPEAKER_00: So just,
- 13:01SPEAKER_00: you know,
- 13:02SPEAKER_00: in terms of,
- 13:03SPEAKER_00: you know,
- 13:05SPEAKER_00: the data that's in there,
- 13:07SPEAKER_00: is it just,
- 13:07SPEAKER_00: you know,
- 13:08SPEAKER_00: is it essentially scraping the data in the store,
- 13:11SPEAKER_00: you know,
- 13:11SPEAKER_00: or is it because it's connected into your platform,
- 13:14SPEAKER_00: it can see all the products,
- 13:16SPEAKER_00: it understands,
- 13:17SPEAKER_00: like the point you brought up about cashmere,
- 13:19does it know that because you fed it that or is it tapping into
- 13:23the LLMs out there
- 13:24and understands what the concept of cashmere is and how to care
- 13:27for cashmere?
- 13:29SPEAKER_01: Yeah, I love this question.
- 13:30SPEAKER_01: So I'm a data scientist, so I might geek out for a little bit.
- 13:33SPEAKER_01: But,
- 13:34SPEAKER_01: you know,
- 13:34SPEAKER_01: when when these things are when when someone trains an LLM,
- 13:38SPEAKER_01: they come up with a model from scratch,
- 13:39SPEAKER_01: like the guys who created ChatGPT,
- 13:41they're taking the world's data and they're using it to
- 13:44essentially teach the
- 13:45SPEAKER_01: system about the basics of living,
- 13:47SPEAKER_01: the basics of everything in day to day life.
- 13:50SPEAKER_01: So these LLMs have a background knowledge in sort of everything.
- 13:53SPEAKER_01: But,
- 13:53SPEAKER_01: you know,
- 13:54what you're looking for as a brand or an e-commerce site is to
- 13:58make it specific to
- 13:59SPEAKER_01: your store.
- 14:00SPEAKER_01: So what we do is we will read in your product catalog.
- 14:04SPEAKER_01: We'll read in your knowledge base,
- 14:05SPEAKER_01: privacy policy,
- 14:06SPEAKER_01: terms of service,
- 14:07SPEAKER_01: anything you've got on your page.
- 14:09And we will essentially instruct the system to make its
- 14:15responses based on the
- 14:16SPEAKER_01: context that we have given it.
- 14:18only make its responses based on the product catalog or the
- 14:23items in your privacy
- 14:24SPEAKER_01: policy or refund policy.
- 14:25So what that does is it allows the system to take what's on
- 14:29your privacy policy or
- 14:30SPEAKER_01: knowledge base or your product page and combine it with its
- 14:34essentially like it's a foundational elementary school level
- 14:37understanding of the
- 14:38world maybe high school level understanding of the world and
- 14:40give you a response
- 14:42that's basically relevant to what your store has so again it's
- 14:47a long way of me
- 14:47saying it's specific to what's on your store it's specific to
- 14:51your product catalog
- 14:52it's specific to basically any knowledge or context you've
- 14:55given the llm but the
- 14:56llm is able to make a smart response and put together a series
- 14:59of words and
- 15:00SPEAKER_01: sentences based on its background knowledge
- 15:03SPEAKER_00: Well, you made that point at the top of the show.
- 15:05SPEAKER_00: You have to have your fundamentals or your foundation in place,
- 15:10SPEAKER_00: such as your privacy policy,
- 15:11SPEAKER_00: your return policy,
- 15:12SPEAKER_00: all these things that are important because otherwise,
- 15:14SPEAKER_00: yes,
- 15:14SPEAKER_00: then it has nothing to pull from.
- 15:18SPEAKER_00: Yes, it has its own – I'm going to hesitate to say the word – knowledge.
- 15:22SPEAKER_00: It has its own understanding,
- 15:24SPEAKER_00: I guess,
- 15:24SPEAKER_00: of information out there,
- 15:25SPEAKER_00: but it needs to understand all aspects of your brand,
- 15:29SPEAKER_00: your store,
- 15:30SPEAKER_00: how you operate,
- 15:31SPEAKER_00: right?
- 15:31SPEAKER_00: Right.
- 15:32yeah absolutely i mean if you are a brand and you're trying to
- 15:35sell more products
- 15:36or even just get an insight into how your customers are
- 15:39shopping or what they're
- 15:40searching for you need to give your customers something to work
- 15:44off of you need to
- 15:44give the the system the ai something to work off of because
- 15:47it's not going to know
- 15:48anything about your business unless you have something that it
- 15:51can learn from and
- 15:52you have documentation at the very least you know just put
- 15:56descriptions on your
- 15:56SPEAKER_01: products and maybe add a couple of categories and tags
- 16:00SPEAKER_01: Even that's going to be enough.
- 16:01SPEAKER_01: But yeah,
- 16:01SPEAKER_01: you as the back end,
- 16:03you as the e-com owner need to provide some level of back end
- 16:08descriptions and
- 16:09SPEAKER_01: product cataloging and tagging to make this thing work.
- 16:12SPEAKER_00: Does it,
- 16:13SPEAKER_00: you know,
- 16:13SPEAKER_00: in terms of types of products or brands,
- 16:17SPEAKER_00: I mean,
- 16:18SPEAKER_00: if somebody has a very complex product that they're trying to sell,
- 16:21SPEAKER_00: is this a good option?
- 16:23SPEAKER_00: I feel like it would be.
- 16:24SPEAKER_00: I mean,
- 16:26SPEAKER_00: I want a huge,
- 16:27SPEAKER_00: in a physical world,
- 16:27SPEAKER_00: I want a big staff of people who are very knowledgeable,
- 16:31SPEAKER_00: who can help answer questions around a complex product.
- 16:34SPEAKER_00: Does this work the same way?
- 16:36SPEAKER_00: I mean, can it take care of that?
- 16:37SPEAKER_01: Yeah.
- 16:38Like the,
- 16:39you know,
- 16:39the answer that I hate to give,
- 16:40but I have to give is it depends.
- 16:42SPEAKER_01: You know, I used to be a consultant at Booz Allen.
- 16:45SPEAKER_01: So for example,
- 16:45we're working with a company that creates tools and they create
- 16:49like these
- 16:49SPEAKER_01: industrial parts.
- 16:51SPEAKER_01: Like that stuff is, is very technical, highly complicated.
- 16:55One,
- 16:56you know,
- 16:56one inch drill bit might be different than a one and a quarter
- 16:59inch drill bit.
- 17:00But if you have done the work of properly setting up your
- 17:04product names and
- 17:05SPEAKER_01: the categories,
- 17:06SPEAKER_01: the descriptions,
- 17:07SPEAKER_01: then yes,
- 17:07SPEAKER_01: it will be able to say,
- 17:09SPEAKER_01: okay,
- 17:09SPEAKER_01: this is the tool that you need,
- 17:10SPEAKER_01: or if not here,
- 17:11SPEAKER_01: the top five selections that we found,
- 17:13you now can go through and look at each one and ask us
- 17:16additional questions.
- 17:17SPEAKER_01: So it really kind of depends.
- 17:19SPEAKER_01: There are some areas where it may not work really well.
- 17:22Maybe the different products you have are just so abstract and
- 17:27you haven't provided
- 17:27a lot of descriptions that it's just not going to know what to
- 17:30do with them.
- 17:31SPEAKER_01: But in general,
- 17:32it will be able to come up with enough context that it can
- 17:37provide you a smart
- 17:37SPEAKER_01: response.
- 17:38SPEAKER_01: And that's what we're seeing with a lot of our customers,
- 17:41SPEAKER_01: particularly those customers who are using us for product discovery.
- 17:44We are able to surface and rank the top products better than
- 17:48their default search engines.
- 17:50SPEAKER_00: That's amazing.
- 17:51SPEAKER_00: And search,
- 17:53SPEAKER_00: we know,
- 17:54SPEAKER_00: we just pop onto Amazon and we see search right in your face,
- 17:59SPEAKER_00: one of the biggest pieces of real estate on there.
- 18:03But when you go to a lot of smaller sites,
- 18:05the search doesn't work so well.
- 18:06SPEAKER_00: And I know that Shopify is trying to address this.
- 18:10SPEAKER_00: They acquired,
- 18:11SPEAKER_00: I think,
- 18:11Vantage recently to start to address one of the biggest
- 18:17problems that smaller
- 18:18SPEAKER_00: businesses have.
- 18:18SPEAKER_00: But I love that
- 18:19SPEAKER_00: You're looking at it from that angle as well.
- 18:23I would say probably 90% of our audience and community members
- 18:30use Shopify.
- 18:32It's probably safe to say that's probably true for the rest of
- 18:35the world as well.
- 18:38SPEAKER_00: Most entrepreneurs are used to one-click marketing.
- 18:42SPEAKER_00: drop an app in ready to go, right?
- 18:44SPEAKER_00: Maybe that app starts doing tell me about the setup process for,
- 18:47SPEAKER_00: you know,
- 18:48SPEAKER_00: for your shopping system?
- 18:49SPEAKER_00: How?
- 18:49SPEAKER_00: Like, what do I do?
- 18:51SPEAKER_00: Do I click a few buttons?
- 18:52SPEAKER_00: You know, I see there's a demo opportunity on the site, which I love.
- 18:56SPEAKER_00: I think everybody should see a demo of this seed in action.
- 18:59SPEAKER_00: But what does that work?
- 19:01SPEAKER_00: How does that work?
- 19:02SPEAKER_01: Yeah,
- 19:03SPEAKER_01: it's not quite one click,
- 19:04SPEAKER_01: but it's two small pieces of code that you need to put on your site.
- 19:07So piece of code number one essentially sets up how you want
- 19:11the agent or the assistant to work.
- 19:13SPEAKER_01: Do you want it to be tied into your search bar?
- 19:16So if someone searches something,
- 19:17the agent comes up,
- 19:18or do you want it to be a button?
- 19:19SPEAKER_01: Or do you just want it to show up in your cart?
- 19:21SPEAKER_01: That piece of JavaScript will set that up for you.
- 19:25SPEAKER_01: You just should throw that into your Shopify theme dot liquid file.
- 19:28SPEAKER_01: And then the second piece actually helps us track
- 19:31SPEAKER_01: how well we're doing.
- 19:32SPEAKER_01: It uses Shopify's custom pixels to help us run A-B tests for you.
- 19:37SPEAKER_01: So we actually want to make sure we're adding value.
- 19:40So what we do with all of our customers is we run an A-B test
- 19:44where we show no B,
- 19:45SPEAKER_01: sometimes to 50% of people,
- 19:46SPEAKER_01: and we hide it from 50%.
- 19:48And then we were able to see how much of an incremental value
- 19:51we have delivered.
- 19:52SPEAKER_01: And for stores that have a lot of SKUs,
- 19:55SPEAKER_01: a lot of visitors,
- 19:56SPEAKER_01: in one case,
- 19:57SPEAKER_01: we're working with a boots manufacturing company in the Southwest.
- 20:00We drove something like 68% incremental revenue for people who
- 20:05engage with Novi.
- 20:06SPEAKER_01: And so two small pieces of code,
- 20:08SPEAKER_01: unfortunately no button clicks,
- 20:10but we will either do the installation for you or we'll give
- 20:13you a one-page PDF
- 20:14SPEAKER_01: that shows you how to do it yourself.
- 20:16SPEAKER_00: That's great.
- 20:17SPEAKER_00: That's great.
- 20:18SPEAKER_00: And do you see this at some point,
- 20:19SPEAKER_00: you know,
- 20:21moving into the app world or is it better to be done the way
- 20:24you're doing it
- 20:25SPEAKER_00: because it's a little more control?
- 20:27SPEAKER_00: You need to place the pixels in specific areas.
- 20:30SPEAKER_01: It's a great question.
- 20:31SPEAKER_01: You know,
- 20:32SPEAKER_01: when people,
- 20:33SPEAKER_01: as you know,
- 20:33SPEAKER_01: I mean,
- 20:33SPEAKER_01: everybody cares about their brand,
- 20:35SPEAKER_01: the look,
- 20:35SPEAKER_01: the feel,
- 20:36SPEAKER_01: how it all works.
- 20:37SPEAKER_01: And when it comes to Shopify,
- 20:40everyone's got a theme and it's probably a custom theme if
- 20:43you're a really big
- 20:44SPEAKER_01: store.
- 20:44SPEAKER_01: which makes it pretty difficult to put a single app.
- 20:48So what we try to do is work closely with you to add this
- 20:53custom code and make sure
- 20:54SPEAKER_01: it's all set up perfectly for your theme and your brand.
- 20:57My hope is we will automate this down the line so that you can
- 21:00click a button.
- 21:01SPEAKER_01: But for now,
- 21:02SPEAKER_01: what we're really focused on is once the thing is in your store,
- 21:05SPEAKER_01: making sure it works,
- 21:06SPEAKER_01: making sure it's delivering on sale.
- 21:07So the short answer is probably we'll stay with how we've done
- 21:11this for now.
- 21:12SPEAKER_01: Especially because we do also support stores that are not on Shopify.
- 21:16We're working with a couple of large national retailers who
- 21:18have their own backend
- 21:19SPEAKER_01: systems,
- 21:20SPEAKER_01: headless systems.
- 21:21SPEAKER_01: And so this allows us to surface Nobi for more people as well.
- 21:25SPEAKER_00: So I guess one of the questions that'll pop up,
- 21:27SPEAKER_00: and I know when you download a Shopify app,
- 21:30Shopify will tell you exactly what it's looking at and what
- 21:33type of information.
- 21:34SPEAKER_00: One thing that always comes up with community members, is this safe?
- 21:39SPEAKER_00: I mean, is my customer data safe?
- 21:42SPEAKER_00: If I'm passing all this information back and forth,
- 21:46SPEAKER_00: What's it learning off of?
- 21:49SPEAKER_00: I think it's a fear that people have on ChatGPT as well.
- 21:52Like,
- 21:53oh,
- 21:53maybe I shouldn't put that piece of information about me on
- 21:57there.
- 21:58SPEAKER_01: This is a big thing.
- 21:59SPEAKER_01: Before we did Nobi,
- 22:00SPEAKER_01: we were doing a little bit of custom consulting,
- 22:03SPEAKER_01: and there's a lot of confusion.
- 22:05about how these ai models use your data but the first thing
- 22:08i'll say just to make
- 22:09sure everybody's on the same page what if you're using chat gpt
- 22:13for free and you're
- 22:14just typing it onto their website then they are allowed to use
- 22:18your data and what
- 22:19they do is they might go through at some point and use it to
- 22:23train the model it's
- 22:24not learning on the fly a lot of people think as soon as i type
- 22:26something in it's
- 22:27SPEAKER_01: going to know about me that's not the case
- 22:29the next version right the next version is yes okay but that's
- 22:32only if you're using
- 22:33the free model or you have used one of their versions of their
- 22:36product that uses
- 22:37their data if you're like us and you're plugging into an api
- 22:40and for what it's
- 22:41worth we don't actually use only chat gpt the world of ai has
- 22:45gotten so big there's
- 22:45SPEAKER_01: a lot of great competitors
- 22:47that if you're using these APIs,
- 22:49they don't actually retain your data for more than 30 days.
- 22:52SPEAKER_01: And most of them will not train on your data.
- 22:56SPEAKER_01: And then on top of that,
- 22:57SPEAKER_01: if you are using Nobi,
- 22:59SPEAKER_01: most of the time you're entering things like,
- 23:02SPEAKER_01: hey,
- 23:03SPEAKER_01: I'm going to Mexico for a wedding.
- 23:05SPEAKER_01: Can you show me summer outfits?
- 23:06SPEAKER_01: That's the only sort of data that gets sent out of your store,
- 23:10SPEAKER_01: along with the analytics that we track.
- 23:12You're not sending things like your email or your address or
- 23:16things like that.
- 23:17SPEAKER_01: So the long answer is what I just gave you.
- 23:20Short answer that brands need to worry about is anything that
- 23:22your customers type
- 23:23SPEAKER_01: into the assistant will be essentially sent out of your store.
- 23:28SPEAKER_01: But we make sure it's not retained.
- 23:29SPEAKER_01: We make sure it's not used to train.
- 23:31SPEAKER_01: And what we find is most folks are generally OK with that.
- 23:35SPEAKER_00: Okay.
- 23:36SPEAKER_00: And you mentioned using multiple platforms.
- 23:40SPEAKER_00: You're tapping into OpenAI.
- 23:41I assume you're probably tapping into Anthropic as well to
- 23:46leverage cloud.
- 23:47SPEAKER_00: Is there one that's better than the other right now,
- 23:50SPEAKER_00: in your opinion,
- 23:50SPEAKER_00: in terms of delivering data back and working with?
- 23:56SPEAKER_01: Yeah,
- 23:56SPEAKER_01: you know,
- 23:56SPEAKER_01: these things are all,
- 23:58this is an interesting field because some models are meant to
- 24:02be really smart,
- 24:03SPEAKER_01: but they might be a little bit slower.
- 24:05SPEAKER_01: Some are meant to be really fast.
- 24:06SPEAKER_01: So, you know, maybe they're a little bit less intelligent.
- 24:08SPEAKER_01: What we have found is,
- 24:10SPEAKER_01: believe it or not,
- 24:11the best model we found that combines both intelligence and
- 24:13speed is an open source
- 24:16SPEAKER_01: model called Llama.
- 24:17SPEAKER_01: Facebook, I guess, developed it.
- 24:20SPEAKER_01: They have pushed out this open source model.
- 24:22SPEAKER_01: And there's another company called Grok,
- 24:25which has developed their own CPU chips to make these things
- 24:28run super fast.
- 24:29SPEAKER_01: So in our case,
- 24:30we use the Lama model on a Grok instance to make sure we're
- 24:34delivering smart
- 24:35SPEAKER_01: answers,
- 24:36SPEAKER_01: but quick answers.
- 24:37SPEAKER_00: Fascinating.
- 24:38SPEAKER_00: Wow, that's great.
- 24:40I was just looking at a pie chart in terms of who's leading in
- 24:45this space and
- 24:46SPEAKER_00: definitely Grok XAI's platform.
- 24:50SPEAKER_00: It's growing rapidly.
- 24:52SPEAKER_00: It's catching.
- 24:53SPEAKER_00: I think each time a new version of something comes out,
- 24:56SPEAKER_00: somebody jumps in there and says,
- 24:57SPEAKER_00: oh my God,
- 24:58SPEAKER_00: this is amazing.
- 25:00SPEAKER_00: That's the whole point, right?
- 25:01SPEAKER_00: The whole point in there.
- 25:03SPEAKER_00: Talk to me about...
- 25:06This is the important part,
- 25:08in my opinion,
- 25:08is what it does for your brand.
- 25:12Growing your conversion rates,
- 25:14driving upsells,
- 25:15reducing card abandonment.
- 25:16Are there any stats you can point to right now that you're
- 25:19seeing with other brands
- 25:20SPEAKER_00: that are just like,
- 25:21SPEAKER_00: wow,
- 25:21SPEAKER_00: this is really amazing?
- 25:23SPEAKER_01: Yeah,
- 25:24SPEAKER_01: I'm really excited because,
- 25:25SPEAKER_01: you know,
- 25:26SPEAKER_01: as we spoke about earlier,
- 25:27SPEAKER_01: I used to run a company called Aptio and we would see decent results.
- 25:31SPEAKER_01: The results we're seeing now are impressive.
- 25:35SPEAKER_01: So if you think of the funnel,
- 25:37SPEAKER_01: when it comes to customers who visit your site,
- 25:40SPEAKER_01: then maybe either search or click on a product,
- 25:43SPEAKER_01: view a product,
- 25:43SPEAKER_01: add to cart and purchase.
- 25:45SPEAKER_01: That funnel, we are seeing Nobi make strides across every step.
- 25:49SPEAKER_01: So for example, I'm just looking at some stats now.
- 25:51We have about a 25% improvement in people who engage with Nobi
- 25:56versus those who
- 25:57SPEAKER_01: just look at a product and then leave.
- 26:00SPEAKER_01: We're seeing about 12% improvement in terms of product viewed.
- 26:04SPEAKER_01: We're seeing about 12% improvement in add to carts.
- 26:07SPEAKER_01: And then we're seeing about a 9% improvement in checkout completions.
- 26:11And then super interesting,
- 26:13about a 60% improvement in average order values.
- 26:15SPEAKER_01: So the concept here is when you can find a product more quickly,
- 26:19SPEAKER_01: you add it to the cart more quickly,
- 26:21SPEAKER_01: you find other things that you like more quickly,
- 26:23SPEAKER_01: and then you check out more quickly,
- 26:24SPEAKER_01: and that affects everything across all metrics.
- 26:27SPEAKER_01: And so we're psyched, we're excited.
- 26:30SPEAKER_01: This tends to work better for brands who have a lot of SKUs.
- 26:33SPEAKER_01: Maybe if you've only got 10 or 15,
- 26:35SPEAKER_01: maybe you're not using us for product discovery,
- 26:37SPEAKER_01: maybe you're only using us for support and Q&A,
- 26:40SPEAKER_01: and in that case,
- 26:40SPEAKER_01: the metrics won't be as great.
- 26:42SPEAKER_01: But from the brands that we've worked with that have a lot of SKUs,
- 26:46SPEAKER_01: we're really excited because these numbers are really encouraging.
- 26:49SPEAKER_00: Yeah, very impressive.
- 26:50SPEAKER_00: Do you see a day,
- 26:51SPEAKER_00: you know,
- 26:51SPEAKER_00: I mean,
- 26:52SPEAKER_00: I was playing around,
- 26:52SPEAKER_00: I'm sure,
- 26:53SPEAKER_00: like everybody in the last couple of weeks with chat GPTs rendering,
- 26:59SPEAKER_00: image rendering,
- 27:01SPEAKER_00: that ability.
- 27:01SPEAKER_00: Do you ever see a scenario down the road where,
- 27:05SPEAKER_00: you know,
- 27:05SPEAKER_00: if I want to see myself in that outfit,
- 27:07SPEAKER_00: for example...
- 27:10SPEAKER_00: That's,
- 27:11SPEAKER_00: to me,
- 27:11SPEAKER_00: a shopping assistant,
- 27:13SPEAKER_00: I guess a clerk in a store would say,
- 27:15SPEAKER_00: here you go,
- 27:15SPEAKER_00: try it on,
- 27:16SPEAKER_00: go into the dressing room.
- 27:17Do you see that as being something that starts getting
- 27:19incorporated into Nobi?
- 27:21SPEAKER_01: Yeah, I think so.
- 27:23SPEAKER_01: A lot of folks have said, we do a lot of customer interviews.
- 27:27SPEAKER_01: So we'll talk to folks and say, hey, how would you use this thing?
- 27:29SPEAKER_01: What are you interested in?
- 27:31SPEAKER_01: A lot of folks want to use the ability for AI to process images.
- 27:34SPEAKER_01: So one way is what you just mentioned.
- 27:36SPEAKER_01: Hey, I've seen like a couple of shirts and a couple of jeans.
- 27:38SPEAKER_01: I kind of want to see how they would look on me.
- 27:41SPEAKER_01: So let's go ahead and upload those.
- 27:42Let's maybe upload an image of myself or take a generic model
- 27:45and then put the
- 27:46SPEAKER_01: clothes on her and see what they look like.
- 27:47SPEAKER_01: Absolutely something that will come down the line.
- 27:51Other folks want to say,
- 27:51hey,
- 27:52look,
- 27:52I like this shirt,
- 27:53but I want something in another color.
- 27:55SPEAKER_01: Or can you show me more like it?
- 27:56SPEAKER_01: So then they might just say, can you show me more like this?
- 27:59SPEAKER_01: And we'll use image analysis to find similar products.
- 28:02SPEAKER_01: So there's a lot of stuff we can do here.
- 28:04What we are hyper-focused on is building a product that the
- 28:09brands find a lot of value in.
- 28:11SPEAKER_01: And that makes the customer journeys and experiences a lot easier.
- 28:14So as you can imagine,
- 28:15we've got a huge backlog of things that we want to work on and
- 28:18build.
- 28:18So it's just a matter of how pressing is it for us to build
- 28:23these outfit creation,
- 28:25like the images that can show you how an outfit looks on you
- 28:28compared to all the
- 28:28SPEAKER_01: other stuff.
- 28:29SPEAKER_01: My hope is we get to it later this year, maybe next year.
- 28:32SPEAKER_01: We'll see.
- 28:33SPEAKER_00: Yeah, no, that's fascinating.
- 28:34SPEAKER_00: And if I'm a brand and I've installed NoBean,
- 28:40SPEAKER_00: or you guys have installed it for me,
- 28:42SPEAKER_00: where should I focus right away?
- 28:44SPEAKER_00: How should I leverage it immediately?
- 28:47SPEAKER_00: Maybe a couple of ways.
- 28:48SPEAKER_00: I mean, it sounds like the sky's the limit at some point.
- 28:52SPEAKER_00: It can do so many things, but what couple of things, day one?
- 28:56SPEAKER_01: Yeah.
- 28:57SPEAKER_01: Yeah,
- 28:57SPEAKER_01: you know,
- 28:57SPEAKER_01: we like to say,
- 28:58SPEAKER_01: look,
- 28:58SPEAKER_01: we've got a lot of capabilities,
- 29:00SPEAKER_01: primarily three search,
- 29:02SPEAKER_01: suggest,
- 29:03SPEAKER_01: and answer.
- 29:04SPEAKER_01: But we would recommend starting small.
- 29:06SPEAKER_01: Pick one area that you think your site needs a little bit more help with.
- 29:11If you don't have a great search experience or if you think
- 29:14that your searches are
- 29:15SPEAKER_01: lacking,
- 29:16let's put it into your search bar and let's see how people are
- 29:19using it to search
- 29:20SPEAKER_01: for products.
- 29:21And then let's run an A-B test to see how people who use the
- 29:24default Shopify search
- 29:25SPEAKER_01: compare to people who use Nobi Search.
- 29:27SPEAKER_01: Maybe you've already got a search engine you like,
- 29:29SPEAKER_01: but you are spending a lot of money on customer support.
- 29:32SPEAKER_01: Let's put it on your product page.
- 29:35We can show it as either a static text bar that's at the bottom
- 29:38or embed it
- 29:39SPEAKER_01: directly into your page so that it scrolls.
- 29:42SPEAKER_01: But you can type in a quick question and get an answer back.
- 29:45And then you can start to see how many questions and answers
- 29:48compared to your support staff.
- 29:50SPEAKER_01: So long answer being start small.
- 29:53My recommendation to folks who are looking to start with
- 29:56something generic with AI
- 29:58SPEAKER_01: is probably use it on the product page for recommendations.
- 30:03People are already familiar with apps that provide a lot of
- 30:05recommendations.
- 30:06SPEAKER_01: That's what Appdio did.
- 30:08SPEAKER_01: Start small and see how it does for you.
- 30:11And then if it starts to look good,
- 30:13you can subtly place it in other places on your store.
- 30:16SPEAKER_01: Hmm.
- 30:17okay well and then tell me about uh integrations whether
- 30:21they're in place now or
- 30:23down the road you know if i if the shop you know if nobody pops
- 30:27up and you know
- 30:28gives me a recommendation on the product detail page but i
- 30:30don't take action i
- 30:32don't make that purchase happen uh is there an opportunity to
- 30:35pass that data into
- 30:36klaviyo and trigger an automated email to go out to them or
- 30:41automated sms message
- 30:42SPEAKER_00: hey you know
- 30:43you were you were engaging with what happened you know
- 30:45basically you know the old
- 30:46browse abandonment people leave all the time what what does
- 30:49that world look like
- 30:51yeah we love i love klaviyo i mean we built a lot of stuff on
- 30:55aptio my last company
- 30:56SPEAKER_01: to integrate with that to integrate with facebook ads
- 30:59So the short answer is not right now,
- 31:01but definitely coming down the line.
- 31:03SPEAKER_01: Folks have said,
- 31:03SPEAKER_01: hey,
- 31:03SPEAKER_01: look,
- 31:04like if someone talks about a couple of boots and then they see
- 31:08those boots in your
- 31:09SPEAKER_01: search,
- 31:10SPEAKER_01: in Nobi search,
- 31:10SPEAKER_01: for example,
- 31:11SPEAKER_01: we'd love to maybe retarget them with a Klaviyo email.
- 31:14SPEAKER_01: And so what we are doing right now,
- 31:17SPEAKER_01: it's still relatively early,
- 31:18SPEAKER_01: so I want to make sure,
- 31:19SPEAKER_01: you know,
- 31:19SPEAKER_01: I'm not tooting my own horn here.
- 31:21We are working really closely with our first early set of
- 31:25customers to understand
- 31:27SPEAKER_01: really what they want and essentially work with them to build it out.
- 31:30So if you're looking for something that's a little bit more
- 31:33plug and play,
- 31:34SPEAKER_01: sure,
- 31:34SPEAKER_01: you can use us,
- 31:35SPEAKER_01: but that's not going to benefit you nor will it benefit us.
- 31:37SPEAKER_01: Best way to use us is to work closely with us to build out what you need.
- 31:41And so that does mean we tend to work a little bit more with
- 31:43larger stores,
- 31:44SPEAKER_01: stores who've got the budget.
- 31:45But what we tend to see is that return on value for them
- 31:50becomes 20x or 30x by them
- 31:52SPEAKER_01: working more closely with us.
- 31:53SPEAKER_01: So it's sort of worth the time and the effort.
- 31:56SPEAKER_01: But it's a long way of me saying integrations are coming.
- 31:59SPEAKER_01: If our biggest customers want it, they're coming more quickly.
- 32:01SPEAKER_01: And if not, then we'll build them later.
- 32:03SPEAKER_00: Yeah,
- 32:04SPEAKER_00: no,
- 32:04SPEAKER_00: I feel that,
- 32:05SPEAKER_00: you know,
- 32:06SPEAKER_00: just if something can trigger like an action,
- 32:09SPEAKER_00: you know,
- 32:09SPEAKER_00: if the agent couldn't deliver,
- 32:12SPEAKER_00: you know,
- 32:13SPEAKER_00: or couldn't close the deal,
- 32:14that then there needs to be that backup down the road or
- 32:18somewhere in that field.
- 32:20SPEAKER_00: that process that jumps back in and says,
- 32:22SPEAKER_00: hey,
- 32:23SPEAKER_00: don't forget,
- 32:24SPEAKER_00: you were doing something over here.
- 32:25SPEAKER_00: Let's finish the job in there.
- 32:28SPEAKER_00: So that's good.
- 32:28SPEAKER_00: That's good.
- 32:29SPEAKER_00: All right.
- 32:29SPEAKER_00: Well, just talk to me about the future.
- 32:31SPEAKER_00: Maybe in general about AI agents,
- 32:35you're probably plugged in very tightly into reading and
- 32:40watching everything that's
- 32:41SPEAKER_00: happening.
- 32:41Where do you see this going just in terms of an AI agent and
- 32:47what it can do?
- 32:48SPEAKER_01: Yeah,
- 32:50SPEAKER_01: I like to think about it again as that sales associate,
- 32:52but maybe it's a sales associate who has been working with you
- 32:55and building a
- 32:56SPEAKER_01: relationship with you for years.
- 32:57SPEAKER_01: So maybe AI is, maybe Nobi is on your site.
- 33:00And then as you start to look at more products and you browse
- 33:03more products and you
- 33:04SPEAKER_01: start to build up a profile about someone,
- 33:06SPEAKER_01: you are using that information to reach out to them more proactively,
- 33:09SPEAKER_01: maybe on WhatsApp,
- 33:10SPEAKER_01: maybe on email and saying,
- 33:11SPEAKER_01: hey,
- 33:12SPEAKER_01: we actually found these.
- 33:13SPEAKER_01: We think they're going to work for you.
- 33:14Or maybe you're on the site and it looks at what you're
- 33:16browsing and it says,
- 33:17SPEAKER_01: hey,
- 33:17SPEAKER_01: I know that you have looked for beach outfits in the past.
- 33:21SPEAKER_01: We think you're going to like these as well.
- 33:23SPEAKER_01: So the first and most obvious step is kind of what we did at Aptio,
- 33:26SPEAKER_01: which is understand who this person is,
- 33:29SPEAKER_01: understand who the user is,
- 33:30SPEAKER_01: what they like,
- 33:30SPEAKER_01: what they want,
- 33:31SPEAKER_01: and basically figure out how to get them what they want more quickly.
- 33:35SPEAKER_01: The second can be we have started to debate a lot about this.
- 33:39SPEAKER_01: Do we go more into customer support?
- 33:41Do we start building back-end integrations into your orders
- 33:44processing system,
- 33:45SPEAKER_01: your return system?
- 33:46SPEAKER_01: Do we help more with your inventory management system?
- 33:49Where we think we're going to focus more is probably more on
- 33:52the customer discovery
- 33:53SPEAKER_01: and sales associate side,
- 33:54SPEAKER_01: so it's probably going to be less of what I just mentioned.
- 33:57SPEAKER_01: and more of the recommendations,
- 34:00SPEAKER_01: more of the integrations,
- 34:01SPEAKER_01: like you mentioned with Klaviyo,
- 34:03SPEAKER_01: more of that sales associate who just knows you.
- 34:07SPEAKER_01: One of the things, so just to, you know, there's so much you can do here.
- 34:09The way that we're focusing our backlog is taking a look at
- 34:12what our clients are asking for.
- 34:14For example,
- 34:15one customer just wanted to replicate what he lost when Shopify
- 34:18Plus
- 34:20SPEAKER_01: So just for reference,
- 34:21Shopify Plus created the ability for you to have product
- 34:25recommendations on the
- 34:26SPEAKER_01: thank you cart,
- 34:27SPEAKER_01: which means that if you're not on Shopify Plus,
- 34:29SPEAKER_01: you lost that ability.
- 34:30So what he wants is the ability for our assistant to show
- 34:33recommendations when
- 34:34SPEAKER_01: someone adds something to the cart.
- 34:36SPEAKER_01: So we just finished that off.
- 34:37Other folks are asking us for more integrations with their
- 34:40knowledge base so that
- 34:41SPEAKER_01: maybe they don't have to hire as many customer support folks.
- 34:44SPEAKER_01: That's where the short term is right now.
- 34:45SPEAKER_01: Long term, you know, it could be anywhere.
- 34:47SPEAKER_01: It could be the image processing stuff that we talked about earlier.
- 34:50SPEAKER_01: It could be complete the look.
- 34:51SPEAKER_01: Maybe at some point we're plugged into so many stores.
- 34:54We even create a shopping app for consumers where we bring in
- 34:56all of the items from
- 34:57SPEAKER_01: all of our stores and we make it really easy for you to find.
- 35:01Hard part about being a founder is you kind of don't know and
- 35:04your vision.
- 35:04SPEAKER_01: Sometimes your reach is longer than your grasp.
- 35:08SPEAKER_00: But well, but also the technology is changing so rapidly.
- 35:13faster than anything else that we've ever known to try to also
- 35:16keep up with that
- 35:17SPEAKER_00: and what's possible.
- 35:20SPEAKER_00: One thing you mentioned,
- 35:21SPEAKER_00: it takes me back thinking about how Nordstrom,
- 35:24SPEAKER_00: for example,
- 35:25SPEAKER_00: the sales associates,
- 35:27SPEAKER_00: they knew their customers or they probably still do really well.
- 35:31SPEAKER_00: They know what kind of ties that guy likes and the shirts.
- 35:34SPEAKER_00: And if it's not in stock and it comes back and it's like,
- 35:37they're getting on the phone or maybe now they're just texting
- 35:39and they're letting
- 35:39SPEAKER_00: them know
- 35:41SPEAKER_00: I think some sort of CRM-ish approach, because that is discovery, right?
- 35:46SPEAKER_00: I came into the store,
- 35:48SPEAKER_00: the online store,
- 35:49SPEAKER_00: and I tried to find something,
- 35:50SPEAKER_00: and it maybe was out of stock or not available,
- 35:54SPEAKER_00: or it's something on their list to find,
- 35:55SPEAKER_00: and the AI agent finds it.
- 35:59SPEAKER_00: Notifies the customer, hey, it's back in stock.
- 36:01SPEAKER_00: Come on back, ready to make that purchase.
- 36:05SPEAKER_00: Again,
- 36:05SPEAKER_00: that physical world is,
- 36:07we could just stare at the physical world forever and figure
- 36:09out all these things
- 36:11SPEAKER_00: that have always worked really well.
- 36:15SPEAKER_01: That's so true.
- 36:16It makes my life a lot easier because now all we have to say is
- 36:20we're not trying to
- 36:20SPEAKER_01: reinvent the wheel.
- 36:21SPEAKER_01: You guys already know about sales associates that live in your store.
- 36:24We're just automating a lot of that and bringing it into the
- 36:26world of digital.
- 36:27SPEAKER_01: And so that makes the pitch that we have a lot easier.
- 36:31SPEAKER_00: Absolutely.
- 36:32SPEAKER_00: Tell me about the name.
- 36:33SPEAKER_00: How did you come up with the name and what's around it?
- 36:37SPEAKER_01: So a little bit of background.
- 36:39SPEAKER_01: Noby,
- 36:40SPEAKER_01: I have started with a co-founder of mine,
- 36:42but this is actually our second attempt to see if we could
- 36:44build a business.
- 36:45SPEAKER_01: The first one was a totally different company,
- 36:48SPEAKER_01: different name,
- 36:48SPEAKER_01: and nobody knew how to pronounce the name.
- 36:51SPEAKER_01: For reference, it was Locusive.
- 36:53So my co-founder,
- 36:53awesome dude,
- 36:54he was like,
- 36:55dude,
- 36:55we got to find a new name.
- 36:56And so he started reading the Wright Brothers book about how
- 36:59they started building planes.
- 37:01SPEAKER_01: And he came across this saying,
- 37:03SPEAKER_01: and I'm hoping I'm not going to butcher it,
- 37:04SPEAKER_01: but it said,
- 37:06SPEAKER_01: no bird soars in a storm.
- 37:08SPEAKER_01: The concept is anything that, any great achievement requires work.
- 37:14Birds are not sitting back and soaring when there's a lot of
- 37:18crazy weather out
- 37:19SPEAKER_01: there making an effort.
- 37:21SPEAKER_01: So he was like, well, no bird soars in a storm, no bird, no bee.
- 37:25SPEAKER_01: Let's go with Nobee.
- 37:27SPEAKER_01: And he was like, it's easy, quick, and fast.
- 37:29SPEAKER_01: And there's the AI domain that's available.
- 37:30SPEAKER_01: We had to pay some money for it.
- 37:33SPEAKER_01: Some domain squatter had bought it, but it was not too expensive.
- 37:36SPEAKER_01: So we went with Nobee.
- 37:38SPEAKER_00: Hats off to your co-founder.
- 37:39SPEAKER_00: I mean,
- 37:39that's a fascinating process to come up with a name after just
- 37:42reading a passage
- 37:43SPEAKER_00: and putting pieces together.
- 37:45SPEAKER_00: I love that idea.
- 37:47SPEAKER_00: Boy.
- 37:47SPEAKER_00: He's a smart dude.
- 37:49SPEAKER_00: Yeah.
- 37:49SPEAKER_00: He's a smart guy.
- 37:50SPEAKER_01: Maybe you can have him on your show at some point.
- 37:53SPEAKER_00: Yeah, yeah, love to chat with them as well.
- 37:56SPEAKER_00: That's amazing.
- 37:57SPEAKER_00: Well, this has been great.
- 37:59So listen,
- 38:00I always like to ask this one question as we get to the end of
- 38:04the podcast.
- 38:04And especially this rings true here because you are ingrained
- 38:08in the AI world.
- 38:09I'm sure you're just digesting 90 miles an hour trying to pull
- 38:14all this stuff in,
- 38:15SPEAKER_00: but you're also a heavy user.
- 38:17And it's funny because a lot of what entrepreneurs these days
- 38:22know AI for is the
- 38:24SPEAKER_00: generative AI,
- 38:25SPEAKER_00: right?
- 38:25Actually getting in there and typing and asking,
- 38:27writing a blog,
- 38:28writing email marketing text.
- 38:30SPEAKER_00: You must use that regularly, I assume.
- 38:33SPEAKER_00: Tell me something,
- 38:34SPEAKER_00: and it maybe doesn't have to be just that,
- 38:36SPEAKER_00: but something that you've used recently,
- 38:38SPEAKER_00: you've used AI for,
- 38:40SPEAKER_00: that even made you stop in your tracks and say,
- 38:43SPEAKER_00: wow,
- 38:44SPEAKER_00: I can't believe that did that.
- 38:47Well,
- 38:47I'm a coder and a techie,
- 38:49and so I hope this doesn't bore your users,
- 38:52but your listeners.
- 38:54SPEAKER_01: When you write code, it can be kind of tedious.
- 38:56SPEAKER_01: It's like solving a puzzle,
- 38:58SPEAKER_01: and sometimes the puzzle is really,
- 38:59SPEAKER_01: really complicated,
- 39:00SPEAKER_01: and you're missing maybe five pieces,
- 39:02SPEAKER_01: and you've tried to put the pieces together yourself.
- 39:05So there was a recent issue I was having where I asked ChatGPT
- 39:09to solve some code
- 39:10SPEAKER_01: problems for me,
- 39:11SPEAKER_01: and it did it.
- 39:12SPEAKER_01: And it worked.
- 39:12SPEAKER_01: And I was just like, oh my, oh my goodness.
- 39:15SPEAKER_01: This just saved me five hours of work.
- 39:17SPEAKER_01: I've been sort of struggling with this for the past day.
- 39:20SPEAKER_01: That was something that made me go, holy cow.
- 39:23And on the flip side,
- 39:24as an entrepreneur,
- 39:25I like to do a little bit of SEO.
- 39:27And I have found that Claude is an amazing tool for creating
- 39:31high quality SEO content.
- 39:33SPEAKER_01: As long as you give it an outline that it can work off of.
- 39:37SPEAKER_01: But I have written like thousand word blogs on
- 39:41SPEAKER_01: on Claude,
- 39:42maybe giving it some guidance and it comes out with some
- 39:44fascinating content and
- 39:45SPEAKER_01: it's quite good.
- 39:47SPEAKER_01: Then finally,
- 39:48SPEAKER_01: I used to use and I still do,
- 39:52I use AI to essentially look at our database where we keep
- 39:56track of all the users,
- 39:57SPEAKER_01: all the events that we have,
- 39:58SPEAKER_01: tens or hundreds of thousands of search queries.
- 40:01SPEAKER_01: and answer highly specific questions about,
- 40:03SPEAKER_01: you know,
- 40:03SPEAKER_01: what was the most popular query today for this customer?
- 40:06And it's able to come up with a way to query the database and
- 40:11then take the results
- 40:12SPEAKER_01: and summarize them for me.
- 40:13SPEAKER_01: So those are sort of three examples where I use AI personally.
- 40:16SPEAKER_00: That's amazing.
- 40:16SPEAKER_00: And you just literally summed up perfect examples.
- 40:20You know,
- 40:20the blog writing,
- 40:21you know,
- 40:21I've played around with tools like hypertext.
- 40:24SPEAKER_00: ChatGPT, not amazing at long form blog writing.
- 40:28SPEAKER_00: Too much repeating.
- 40:30SPEAKER_00: I have not tried Claude for that, and I'll absolutely do that.
- 40:34SPEAKER_00: I like Claude a lot.
- 40:35SPEAKER_00: I mean,
- 40:35SPEAKER_00: at some point,
- 40:36we're looking at the credit card bill of all these AI tools
- 40:39that we're paying for.
- 40:40SPEAKER_00: We're like, what happened here?
- 40:42But I love taking analytics because I try to teach that a lot
- 40:47with entrepreneurs.
- 40:48SPEAKER_00: I know when you go into Shopify analytics,
- 40:50sometimes it's like looking at a deer in a headlight or you go
- 40:53into Google.
- 40:54SPEAKER_00: Just export that information out.
- 40:55SPEAKER_00: Load it up into ChatGPT.
- 40:58SPEAKER_00: and give it a command that you need an executive summary.
- 41:00SPEAKER_00: And then you also need actionable steps that you can take.
- 41:03SPEAKER_00: And I'm sure that's a lot of what you're doing.
- 41:06SPEAKER_00: I almost think, how did we make it this far without these tools?
- 41:09SPEAKER_00: I mean, honestly, it's crazy.
- 41:12SPEAKER_00: It's been a struggle.
- 41:13SPEAKER_00: Yeah.
- 41:13SPEAKER_01: Now that we have them, we're all spoiled.
- 41:15SPEAKER_01: So we're not going to remember before that.
- 41:19SPEAKER_00: Yesterday,
- 41:19SPEAKER_00: I was talking to Apple,
- 41:22SPEAKER_00: to Siri,
- 41:22SPEAKER_00: and Siri's gotten much smarter,
- 41:24SPEAKER_00: and now it's tapping chat GPT.
- 41:27SPEAKER_00: I needed cooking directions for some potatoes that I was making.
- 41:33SPEAKER_00: Boom, done.
- 41:34SPEAKER_00: It was beautiful.
- 41:35SPEAKER_00: I mean, it's so fast.
- 41:36SPEAKER_00: Hands-free.
- 41:38SPEAKER_00: So many different examples out there.
- 41:39SPEAKER_00: So I appreciate you sharing yours.
- 41:43This topic is going to be talked about,
- 41:46and we'd love to have you come back in a while.
- 41:49I'm sure it's going to be very different very quickly as we
- 41:53continue to go down this road.
- 41:55SPEAKER_00: But I think it's important for entrepreneurs around this AI agent world
- 42:00looking at it just as you know solving problems and always as
- 42:04an e-commerce
- 42:05entrepreneur look at the physical world what has happened in
- 42:08the physical world how
- 42:09do you bring technology into place and that is what a lot of
- 42:12what you are doing at
- 42:13noby so i i'm i'm thoroughly impressed i love this direction
- 42:17you're going who knows
- 42:18maybe shopify buys you one day and uh you know your full full
- 42:21integration into you
- 42:22SPEAKER_00: know standard shopify and plus who knows it's the sky's the limit i think
- 42:27I will say,
- 42:28you know,
- 42:28if Shopify wants an AI assistant,
- 42:30we've done something pretty cool.
- 42:32SPEAKER_01: So I talked to the Shopify guys at Appdio quite a bit.
- 42:35SPEAKER_01: So we'll see.
- 42:35SPEAKER_00: I don't know.
- 42:36SPEAKER_00: I'm excited.
- 42:37SPEAKER_01: You know, it's been pretty fun ride so far.
- 42:39SPEAKER_01: And I appreciate you talking to me about it.
- 42:41SPEAKER_00: Yeah, absolutely.
- 42:43SPEAKER_00: Well, tell everybody one where they can learn about Nobi.
- 42:49SPEAKER_00: I saw a demo link on there.
- 42:51If this is something they want to learn more about,
- 42:54tell them where they can find you.
- 42:56SPEAKER_01: Feel free to check out our website, nobi.ai.
- 43:00SPEAKER_01: We actually do personalized demos.
- 43:02SPEAKER_01: If you're on Shopify,
- 43:03we can actually read your product catalog and show you how it
- 43:05might look like on
- 43:06SPEAKER_01: your store.
- 43:07SPEAKER_01: Feel free to reach out, nobi.ai.
- 43:09And if you need to get in touch with me,
- 43:11I'm Shanif,
- 43:12S-H-A-N-I-F,
- 43:13at nobi.ai.
- 43:15SPEAKER_01: Always happy to chat with folks.
- 43:16SPEAKER_01: E-com is a tough industry, but it's a fun industry.
- 43:19SPEAKER_01: So I love meeting folks in it.
- 43:21SPEAKER_00: Well said.
- 43:22SPEAKER_00: Tough but fun.
- 43:23SPEAKER_00: I love that.
- 43:24Well,
- 43:24thank you very much for coming back on to the e-commerce
- 43:27revolution podcast.
- 43:28SPEAKER_00: Great to have you here.
- 43:29SPEAKER_00: It's a wealth of knowledge.
- 43:32Thoroughly enjoyed this conversation and we will get the word
- 43:35out because I think
- 43:36this is a area that e-commerce entrepreneurs and founders
- 43:40absolutely need help in,
- 43:41SPEAKER_00: you know,
- 43:42SPEAKER_00: converting more product,
- 43:43SPEAKER_00: you know,
- 43:43selling more product at the end of the day and learning about
- 43:46their customer base.
- 43:46SPEAKER_00: So thank you very much.
- 43:48SPEAKER_00: Have a wonderful rest of your day.
- 43:49SPEAKER_00: Yeah, absolutely.
- 43:51SPEAKER_00: Take care.
- 43:52All right,
- 43:53that brings us to the end of another episode of the e-commerce
- 43:56revolution podcast.
- 43:58SPEAKER_00: Don't forget to check out past episodes,
- 44:00which are all available on demand on YouTube and wherever you
- 44:04listen to your
- 44:04SPEAKER_00: podcast.
- 44:06SPEAKER_00: Ready to join the revolution?
- 44:07SPEAKER_00: Become an exclusive part of our growing community of emerging e-commerce
- 44:11SPEAKER_00: entrepreneurs at ecomrevolution.co.
- 44:15SPEAKER_00: Until next time, see ya.