The Power of AI in Boosting Sales: Unveiling the "Package Design AI" by Calbee
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Jul 30, 2023
4 min read
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The Power of AI in Boosting Sales: Unveiling the "Package Design AI" by Calbee
In today's competitive market, companies are constantly looking for ways to stand out and capture the attention of consumers. One company that has successfully done so is Calbee, a popular snack food brand in Japan. They managed to increase their potato chip sales by 1.3 times, thanks to the power of artificial intelligence (AI) and their innovative "Package Design AI" tool.
The Package Design AI tool developed by Calbee is a web service that uses image recognition technology to predict the perceived image and evaluation of a package design. It can analyze various aspects of the design, such as cuteness, friendliness, and seasonal appeal, based on a set of 19 predefined keywords (18 for non-food items). This allows Calbee to understand how consumers might perceive their packaging and make informed decisions to optimize their designs.
The AI tool provides four main outputs: a favorability prediction score, a heatmap visualization, image keywords, and favorability variance. By leveraging a dataset of 5.9 million learning data, the AI can evaluate a product's package design in just 10 seconds. This speed is crucial in today's fast-paced market, where companies need to quickly bring their desired products to consumers.
According to Calbee, the competition to release products that consumers desire within a short timeframe is intense. To stay ahead, companies need to find innovative ways to attract consumers and make their products stand out. By utilizing AI technology like the Package Design AI, Calbee was able to gain a competitive edge and boost their sales significantly.
Now, let's shift our focus to another topic that can greatly impact a company's success - cross-promotion. Deconstructor of Fun, a renowned resource for game developers, shares valuable insights on the secrets to successful cross-promotion.
When deciding between cross-promotion and ad monetization, it is crucial to consider the potential benefits and risks. If your game already has an ad monetization component, cross-promotion can be seen as just another revenue-generating network. However, it is essential to closely monitor churn rates when implementing cross-promotion or ad monetization strategies. Understanding the impact on player lifetime value is key.
One piece of advice from Deconstructor of Fun is to analyze your user segments and determine if you are willing to lose or risk losing them. It is essential to test cautiously and have a clear understanding of your churn rates. By segmenting your audience, you can identify which players are more receptive to cross-promotion and experimentation. For example, excluding paying users with high lifetime value from ad monetization and cross-promotion can help maintain their loyalty.
Additionally, it is crucial to target the right audience with cross-promotion. Players who have been engaged with your game for a long time but have not made recent purchases are prime candidates for cross-promotion. These players are likely to pay, but not necessarily in the game they are currently playing. By showcasing other games in your portfolio to this audience, you can potentially increase their lifetime value and drive revenue.
To effectively implement cross-promotion, having a reliable solution like IronSource's bidder can be highly beneficial. This solution allows you to separate the cross-promotion network from other networks and target specific segments with precision. By strategically placing cross-promotion ads in your waterfall and utilizing the right creative assets, you can maximize the impact of your campaigns.
In conclusion, both AI technology and cross-promotion strategies have proven to be powerful tools for companies looking to boost sales and revenue. Calbee's Package Design AI showcases how AI can enhance product packaging and increase consumer appeal. Meanwhile, Deconstructor of Fun's insights shed light on the secrets to successful cross-promotion in the gaming industry.
To summarize the key takeaways from this article, here are three actionable pieces of advice:
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Embrace AI technology: Consider leveraging AI tools like Calbee's Package Design AI to gain valuable insights into how consumers perceive your product packaging. Use this information to optimize your designs and stand out in the market.
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Segment your audience: Analyze your user segments and identify which players are more receptive to cross-promotion. Target those who have a high likelihood of paying but have not made recent purchases in the current game they are playing.
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Utilize cross-promotion strategically: Implement cross-promotion campaigns with caution and monitor churn rates closely. Test different approaches and creative assets to optimize the impact of your cross-promotion efforts.
By incorporating these actionable advice into your business strategies, you can enhance your sales and revenue while staying ahead of the competition in today's dynamic market.
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