How Kahuna and Google Cloud Are Helping Marketplaces Grow Through Intelligent Communication

By: Charles Costa | July 2, 2018 | Marketplaces

Forrester Research reports that online marketplaces are one of the fastest growing categories of commerce, accounting for 50% of all online consumer transactions in 2016. For virtually any industry you can think of—travel, classifieds, ride sharing, and more—there’s bound to be at least one marketplace in the space you choose.

Marketplaces are unique in that they involve 3 streams of communication – messaging between the platform operator, buyers, and sellers. The fact that buyers and sellers need to communicate with each other directly often is a hurdle for transactions. On the other hand, retailers have minimal interaction with consumers since users can make their purchases without worrying about logistics.

Given the complexity of marketplaces, it’s important that communication is effective and seamless at all times. To do that, they often turn to AI-powered extreme personalization solutions such as Kahuna. For those unfamiliar with the term, we’ve discussed it in this blog, but in essence it involves using technology to send messages and notifications at a 1:1 level so that users receive the right message, at the right time, via the right medium.

Rather than relying on expensive infrastructure, Kahuna leverages Google Cloud to power its personalization solution and help marketplaces improve liquidity through intelligent messaging. Some key results from the partnership include:

  • Increasing consumer engagement and goal conversions by as much as 43%
  • The ability to process tens of billions of events each day
  • Being able to onboard as much as 80 million users a day without any DevOps support
  • Delivery of up-to-date and accurate data within 4 seconds

To learn more about how Kahuna uses Google Cloud to meet the ever-changing demands of marketplaces across the globe, check out the full case study here.

Sign Up to Receive The Big Kahuna

A Bi-Weekly Newsletter Focused Exclusively on Online Marketplaces

  • This field is for validation purposes and should be left unchanged.
Sloan

Author: Charles Costa

Charles Costa is a content marketing manager who specializes in helping companies grow, one word at a time. Prior to Kahuna, Charles worked with brands such as Airbnb, Iron Mountain, and IBM on their content marketing efforts.

Charles' work has been featured in the Huffington Post, and he also was a contributor to the developer publication, Sitepoint.

View all posts from this author