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OpenAI invites Rackhams into ChatGPT Advertising Beta

OpenAI invites Rackhams into ChatGPT Advertising Beta

Rackhams has announced that it has been invited to participate in the ChatGPT advertising beta programme, becoming one of the first UK online marketplaces to explore advertising opportunities within one of the world’s fastest-growing AI platforms.

The invitation places Rackhams at the forefront of a major shift in how consumers discover products online, as growing numbers of shoppers turn to artificial intelligence platforms to research products, compare options and seek recommendations before making purchasing decisions.

For decades, product discovery has been dominated by search engines and social media. However, AI-powered assistants are rapidly becoming a new source of information and inspiration for consumers, creating entirely new opportunities for retailers and brands to connect with customers.

As part of the ChatGPT Advertising Beta programme, Rackhams has integrated its marketplace product feed with the platform, enabling products from across its extensive catalogue to appear within relevant AI-driven shopping journeys. Rackhams is also able to create targeted campaigns that promote seasonal events, product categories, brand stores and specialist landing pages based on user intent and conversational search behaviour.

Unlike many businesses that are still evaluating the opportunity, Rackhams is already actively running campaigns through the ChatGPT Advertising platform and seeing encouraging early results. The beta programme is providing valuable insight into how consumers engage with AI-powered advertising, helping Rackhams understand which products, campaigns and messaging resonate most effectively within conversational search environments.

This early access provides a significant advantage for both Rackhams and its marketplace partners, allowing the business to develop expertise, optimise campaign performance and establish best practices before AI-powered advertising becomes more widely adopted across the retail sector.

Being invited into the ChatGPT advertising beta is an exciting milestone for Rackhams and reflects our commitment to embracing emerging technologies that can benefit both our customers and marketplace partners.

Consumer behaviour is evolving rapidly. Increasingly, people are turning to AI to help them research products, compare options and make purchasing decisions. We believe AI-powered discovery could become one of the most significant changes to digital marketing since the rise of search engines.

What’s particularly exciting is that we’re already live on the platform and seeing encouraging early results. Rather than simply observing how AI is changing retail, we’re actively learning how customers discover products within these new environments and what drives engagement and performance.

The advantage of being involved at this stage is that we’re gaining valuable insight today that can help our marketplace partners tomorrow. As AI-powered advertising evolves, we’ll be able to apply those learnings across our sellers, helping brands maximise visibility and performance within emerging AI-driven shopping experiences.

– Mike Hart, Head of Marketing, Rackhams

We believe artificial intelligence will fundamentally reshape how consumers discover and purchase products online over the coming decade.

From the outset, our goal has been to challenge some of the traditional conventions that have existed within ecommerce and marketplace retail for years. We’ve built Rackhams around a simple principle: if our partners succeed, we succeed.

That’s why we’ve focused on creating a marketplace that is straightforward, transparent and genuinely partner-friendly, with fair commission rates, no membership fees and no hidden costs. We’ve invested heavily in removing barriers to growth through our onboarding concierge service and technology-led integrations, enabling brands to launch on Rackhams quickly and efficiently without spending countless hours managing product mapping, setup and marketplace administration.

Participating in the ChatGPT advertising beta is another example of that same mindset. Rather than waiting for new technologies to become established, we believe in exploring opportunities early, learning quickly and finding ways to create advantages for both our customers and marketplace partners.

We’re already live on the platform, seeing encouraging early results and gaining valuable insight into how consumers interact with AI-powered product discovery and advertising. Those learnings will help us understand how this emerging channel can be used most effectively as consumer behaviour continues to evolve.

One of the things we’re particularly excited about is that our sellers don’t need to do anything extra to benefit from this initiative. We’ve integrated our marketplace catalogue directly into the platform, meaning eligible products can automatically participate in AI-powered discovery opportunities without sellers needing to manage additional advertising campaigns, technical integrations or subscription fees.

Importantly, we’re not charging sellers to be included. As we develop expertise and best practices through the beta programme, those benefits will flow directly to the brands and retailers that sell through Rackhams as part of the marketplace service we already provide.

We believe innovation should create value for our partners, not additional costs. Our objective is to help sellers reach more customers, through more channels, with less complexity. AI-powered commerce has the potential to become one of the most significant developments in digital retail since the rise of search engines, and we’re excited to be at the forefront of that evolution.

– Mark Jordan, CEO, Rackhams

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