EXPLORING THE PRODUCTION GAP...3 A NEW STORE EVERY DAY Thousands of products at brag-worthy prices...

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EXPLORING THE PRODUCTION GAP THE PROMISE AND PERIL OF DS + ML IN BUSINESS BINDU THOTA VP OF TECHNOLOGY DEMITRI PLESSAS LEAD DATA SCIENTIST

Transcript of EXPLORING THE PRODUCTION GAP...3 A NEW STORE EVERY DAY Thousands of products at brag-worthy prices...

Page 1: EXPLORING THE PRODUCTION GAP...3 A NEW STORE EVERY DAY Thousands of products at brag-worthy prices INSPIRED, DISCOVERY-DRIVEN EXPERIENCE without specific purchase intent HIGHLY CURATED

EXPLORING THE PRODUCTION GAP THE PROMISE AND PERIL OF DS + ML IN BUSINESS

BINDU THOTA VP OF TECHNOLOGY

DEMITRI PLESSAS LEAD DATA SCIENTIST

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Introductions About Zulily Case studies + Key learnings

AGENDA

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A NEW STORE EVERY DAY Thousands of products at brag-worthy prices INSPIRED, DISCOVERY-DRIVEN EXPERIENCE without specific purchase intent HIGHLY CURATED 100+ time limited sales (72 hours) DAILY DESTINATION 74% orders via mobile (Q119) PERSONALIZED APPROACH Launch millions of versions of the site/app daily

UNIQUELY POSITIONED IN RETAIL

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ZULILY DELIVERS A FUN SHOPPING EXPERIENCE

“The fun of browsing is new ideas on what to buy. I am constantly getting

inspired and updating. I get a real endorphin rush when a new idea gets

ignited in me.”

D I S C O V E RY E N T E R TA I N M E N T

F U N

D I R E C T- S E A R C H C O M M O D I T I Z E D

C AT F O O D

V S .

A NEW STORE EVERY DAY

A FUN & ADDICTIVE SHOPPING

EXPERIENCE

THINGS SHE LOVES AT PRICES

SHE CAN BRAG ABOUT

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THE ZULILY APPROACH TO MACHINE LEARNING

Build deep

Turn product into platform Extensible

It sells itself

Build the feedback loop

Iterate toward the goal

PLANNING EXECUTION

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CASE STUDY: MACHINE LEARNING V. BUSINESS PROCESS

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Build dep

BUILD DEEP

EXTENSIBLE

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KEY LEARNINGS

PURCHASE HISTORY

Not every problem need an ML solution Pick ML projects strategically Your models will only be as good as your data

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CASE STUDY: Personalized Sort

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VTHE PATH TO PERSONALIZATION Build

dep

PLATFORM

SELLS ITSELF

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Every day, we deliver

millions of versions of the

app + site

EXTENSIBLE

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KEY LEARNINGS

PURCHASE HISTORY

If it works, it will probably also work elsewhere ML can power your core business Measure impact to demystify ML

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CASE STUDY: Ad Recommender

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WHAT COLLECTIONS MAKE GOOD ADS?

Creative Studio team

bring the products to

life

Buyers source great finds for

Zulily

Marketing works with Buyers to source the best

collections for ads

Collection ads are launched on multiple

platforms

She finds the right products at the

right price

Ad Recommender

Models

Marketing Experts

Marketing Platform

ITERATE

FEEDBACK LOOP

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HOW WE BUILT THE TOOL

Service engineers

Data engineers

Data science

ML engineers

App/mobile engineers

ITERATE

FEEDBACK LOOP

PRODUCT

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KEY LEARNINGS

Start small to make a big impact Build feedback loops so the model learns by itself Scale; data scientists should focus on what matters

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CASE STUDY: Pushing Boundaries with ML

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MOONSHOT: THE PERFECT DAY Machine learning powers merchandise plan for day, week, month, quarter

To drive growth, work with brands to create:

Right product mix (categories, size/fit, customer reviews, timing)

Plan auto adjusts with changes

Buyers work with brands to fill the plan

PLAN growth & quality

OFFER add styles

ANALYZE

find & fill gaps

SELL

LEARN learn & repeat

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KEY ATTRIBUTES TO THE PERFECT DAY

Product Mix

Recommendations

Forecast

Targets

Forecast Model

Mix Optimizer

Metrics Products

Consolidated Feature Data

Customer-centric Product

Taxonomy

Standardized

Data Visualizations

Scalable Model

Deployment Platform

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WHAT’S NEXT: CONTINUE EVOLVING OUR WORK

EXAMPLE DATA*

Deliver the

Perfect Experience for Her

Fulfill the Zulily Brand Promise

Plan the Perfect Day

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ZULILY’S MACHINE LEARNING JOURNEY

Tackle small problems first

Create platforms that scale

Test, try and iterate

•  Have big goals, but take small steps to get there •  Your models are only as good as your data

•  Models, if trained well and supervised, can be applied to multiple parts of the business

•  Empower the whole business to become data-driven

•  Machine learning work is never done – it evolves and changes with the business

•  There is so much potential to push the boundaries and build great tools in today’s tech world

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Bindu Thota VP of Technology

Demitri Plessas Lead Data Scientist

[email protected]

THANK YOU