Far EasTone announced today (November 11) that it will combine artificial intelligence applications with its friDay shopping platform, along with proprietary technology, to launch two online shopping services, "Re-Spin" and "Influencer Market Viewing," using an innovative business model.
According to Far EasTone Telecommunications, in the past, the e-commerce development process would try to remove the restrictions faced. For example, when an online store faced payment difficulties, it would try to remove the inconvenience in payment, or remove the inconvenience in logistics and device usage.
The two online shopping services proposed this time, "Zai Zhuan Zhuan" and "Wanghong Kanpan", introduce artificial intelligence methods to make it easier for partners to gain more exposure for listed products through single-point operations, thereby increasing product sales efficiency.
Compared to traditional advertising, which requires significant expenditure, Far EasTone emphasizes that its artificial intelligence technology will allow products to more easily reach the right target consumer groups, while also simplifying the interface to make it easier for consumers to pay for purchases.
The newly launched "Re-transfer" service will be friDay Shopping's first step in applying artificial intelligence technology, allowing consumers to more easily find exclusive discounted products tailored to their needs. The "Influencer Review" service allows anyone to become a livestreamer or influencer, selecting products through AI and then recommending them. Once the recommended user successfully purchases the product, they will receive a varying percentage of consumer rewards.
Far EasTone stated that in the current competitive e-commerce market, the most common problems faced by brand suppliers are high commissions from e-commerce platforms, limited freedom, complex backend mechanisms, and labor costs. friDay Shopping, by identifying the diverse needs of brand suppliers, combines proprietary development technology with artificial intelligence mechanisms to launch a comprehensive e-commerce artificial intelligence solution for its partners.
Far EasTone said it expects to further launch its Far EasTone artificial intelligence website architecture by the end of this year, allowing e-commerce partners to continue to expand the scope of product sales and promotion through artificial intelligence.
