April 20, 2022 Industry news
As part of a special retail session on “consumer trust and transparency, enabled by identity,” Mike explored how increasing digitalisation is accelerating consumer demand for transparency and accurate product data.
With years of experience leading product development for a variety of tech companies, Mike has seen the power of data first hand. Over the past ten years he has grown Google’s product catalogue by more than 500% and has helped millions of consumers buy the products they need from the best sellers on the market.
While brick and mortar stores did not fare so well at first, many adapted, and Covid has brought millions of stores online for the first time.
For many of those now selling online, adopting an “unplanned omnichannel strategy” was necessary for the health of their business. This has also provided consumers which more choice than ever before as billions of new products become available through new channels across the world.
Shopping behaviour has also changed, consumers are trying new fulfilment methods such ship-to- store, curb-side pick-up, and are also returning more products than ever.
As a result of this vast influx of new product listings, we are also seeing much noisier and less complete data, both in feeds and on the web. In this world, transparency is both more important and harder to maintain. Consumers want to know the products they are buying are the right ones – essentially ensuring that “what I order is what I get.”
To show the most relevant shopping information, we must have a deep understanding of the products that appear across Google and in the world around us.”
Bill Ready
President of Google Commerce
Correct GTINs enable better visibility on shopping platforms and marketplaces. Understanding identity enables us to show the right products in Google experiences like search, YouTube, and Google Maps."
Mike Capsambelis
Product management lead at Google
To Mike, this is ultimately about trust, making sure any product is relevant to the users shopping journey, ensuring it is what Google say it is, and that consumers are provided complete and correct data about that product.
He concluded by emphasising the need for industry to work together and take a common approach to product identification.
With this surge in online selling and buying, there are more opportunities than ever before for all to make meaningful connections with consumers all over the world, introducing them to new products and making them confident in their decision to buy.”
Mike Capsambelis
Product management lead at Google
Improve your products’ visibility online
Make it easier for shoppers to find, compare and buy your products online, using GS1 Web Vocabulary – the smart way for machines to read and understand your website.
Support for growing your business online
Discover the best way to use GS1 standards to get the most out of your online selling opportunities. Click here for practical advice that you can put into action in your own business.
Getting your products ready to sell online
Read our five step guide to getting started with GS1 standards. Learn how to Identify your products, prepare your fulfilment and get set for sales.