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V e r t r a u l i c h VERTRAULICH VERTRAULICH Smart Information Systems GmbH www.smart-infosys.com Semantic-Web-based E-Commerce Digitalks #13 Vienna, April 21th 2010 Markus Linder ceo & founder

Digitalks #13: Semantic-Web-based E-Commerce

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In this presentation which Markus Linder gave on April. 21th 2010 at Digitalks #13 in Vienna, he explaines how a new standard of web data handling is being created that is already championed by firms such as Google, Wikipedia, Bestbuy and Yahoo. He uses case studies to show how this technology is currently being used, as well as how this technology will transform the way the web will be used in years to come. Why is this important? The key to Semantic Web Technology from the point of view of a firm that sells or promotes goods or services online, is that it will create a vastly increased level of visibility to consumers. This is relevant for any firm who is looking to improve their Search Engine Optimisation (SEO) and their presence on third party websites. The Semantic Web offers suppliers the opportunity to describe their products and services in a form that is machine-interpretable. Suppliers that have already done so are now already better presented in search engines like Google or Yahoo (rich snippets and Yahoo Search Monkey). The development of innovative semantic web-search technologies, semantic web mashups, semantic affiliate and semantic search engine marketing will lead to a paradigm shift in online marketing and e-commerce. When searching for “a 4-star hotel in England from the 4th to the 6th of August that has a swimming pool and is located in a region, where visitors can attend a yoga-course and a classical concert during their stay” the search engine Google suggests a vast amount of links but no useful results. Entering the same phrase in a Semantic Web-based search engine, users will be able to obtain hotel recommendations that fit their search criteria including their desired yoga course and classical concert within the region during their stay. This means that the consumer will be able to find a packaged solution, rather than having to look on multiple websites.

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Page 1: Digitalks #13: Semantic-Web-based E-Commerce

www.smart-infosys.com

V e r t r a u l i c hVERTRAULICHVERTRAULICH

Smart Information Systems GmbH

www.smart-infosys.com

Semantic-Web-based E-Commerce

Digitalks #13

Vienna, April 21th 2010

Markus Linder

ceo & founder

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Smart Information Systems GmbH was established in 2005 and focuses on

next generation e-commerce solutions

Positioning: Strategic partner to firms with an e-commerce presence for the

implementation and maintenance of intelligent product advisors

European market leader

Located in Vienna, Austria

References (excerpt):

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Our Semantic-Web Research partners:

Unsere Semantic-Web Use-Case-Partner:

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THE BOUNDARIES OF WEB 1.0

AND WEB 2.0

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Notebook Sony or Asus light max. 12 inch with webcam

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World-Wide-Web: the meaning of information

remains hidden for computers

Computers can only recognize a combination of characters

(syntax)

T-R-A-I-N

The meaning (semantics) remains hidden:

– Synonyms (rail)

– Homonyms (rail vs. instruction)

– Hyponyms (means of transportation)

– Hyperonyms (compartment)

Only a human being can put spread information from the WWW

into an intelligent context.

Google & Co find a combination of characters on websites, but they neither understand what the user is looking for nor the

meaning of the search results.

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SEMANTIC WEB BASED E-

COMMERCE

Bringing product and service offerings into a machine-interpretable

form

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Example: Best Buy stores in the WWW

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Example: Best Buy offering in the WWW

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Example: Best Buy in the Semantic Web

Informationen:

Adress

Opening hours

Payment

methods

Offer range

Target group

Type of product

Manufacturer

Prices

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Example: Digital camera in the WWW

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Example: Digital camera in the Semantic Web

Information:

name

producer

resolution

Video

playback

touch screen

colour

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Applications can use the Semantic Web like a

integrated global data base

© Prof. Dr. Martin Hepp

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Graph representation of a Good Relations

Instance

© Prof. Dr. Martin Hepp

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SEMANTIC WEB - EXTERNAL

APPLICABILITY (WEB OF DATA)

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Applicability - External

Search Engine (Yahoo Search Monkey and Google Rich

Snippets)

Price comparison platforms

Browser Add-ons

Semantic-Web-Mashups

Semantic-Web-Search engines

Semantic Web Affiliate Marketing

Semantic Web Search Engine Marketing

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Search engines: Yahoo Search Monkey

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Search engines: Yahoo Search Monkey

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Search engines: Google Rich Snippets

Search result with Rich Snippets:

Search result without Rich Snippets:

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Learnings: Semantic meta data improves search

engine ranking and traffic significantly

GoodRelations + RDFa improved the rank of the respective

BestBuy pages in Google tremendously. E.g. "BestBuy Ferris

Bueller" on Google BestBuy page ranked # 1 ahead of the much

more established page

BestBuy reported a 30 % percent (!) increase in traffic on the

BestBuy stores pages, e.g. http://stores.bestbuy.com/1895

Yahoo observes a 15% increase in the Click-through-Rate (CTR)

Source: http://priyankmohan.blogspot.com/2009/12/online-retail-how-best-buy-is-using.html

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Semantic-Web-Mashup: Bikemap-Portal with

hotel- and restaurant recommendations

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Semantic-Web-Mashup: Augmented Reality

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Semantic Web Search Engine

©Smart Information Systems - Internal Prototyp

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REVENUE MODELS IN THE

SEMANTIC WEB

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Semantic Web Affiliate Marketing

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Semantic Web Advertising

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SEMANTIC WEB – INTERNAL

APPLICABILITY

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Applicability - Internal

Import of product data details into online-shops and portals

Mashups and Micro-Sites

Recommendation Engine

Analytics

On-Site-Search and After-Search-Navigation

Online Product Adviser

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SMART ASSISTANT

TECHNOLOGY

Online Product Advisors based on Semantic Web Technology

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Problem: Many consumers are overwhelmed by

the jargon filled product attributes and the huge

amount of products offered in Shops

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Smart Assistant Technology

Enabling product advice in several categories:

– Consumer Electronics

– White Goods

– Clothes

– Tourism

– …

offering:

– Interactive advice

for laymen and experts

– Ranking of product-

recommendations and

alternatives

– Integration with

search and navigation

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The “Smart Assistant“ technology

Gathering the needs of customers in an interactive and dynamic way and in

a jargon-free manor

Matches consumers needs to technical attributes

Results are updated in real-time to match the entered needs of the

consumer

Structured product data can be made available in standard product

categories

Easy integration as SaaS-Solution

No ongoing maintenance required by the customer

The technology is being applied successfully by leading

– Online shops

– Manufacturers

– Distributors

– Price comparison sites

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Examples

Fahrrad.de Bike Advisor

Billiger.de Mobile phone Advisor

Semantic Search HOH.de

Dress Advisor BAUR.de

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Real Live Examples

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HOW DOES MY DATA GET INTO

THE SEMANTIC WEB?

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Means to get offers into the Semantic Web

Web-based Instantiation-Tools

Web-Shop Software (e.g. osCommerce, Magento, oxid eSales,

Intershop Enfinity,…)

CMS Export (Joomla/VirtueMart,…)

Database export

Google Shopping Converter

Virtuoso Sponger Technology (Converter for existing APIs)

BMEcat2GoodRelations Converter

RDF2dataRSS Web Service & Python Bindings

Microsoft Word Plug-in

and many more

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Company portal: Semantic company directory of

the Austrian Chamber of Commerce

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Instantiation-tool: Good Relations Annotator

Link: http://www.ebusiness-unibw.org/tools/goodrelations-annotator/

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Instantiation-tool 2: Open Events

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Export from existing portals: Simskultur.net

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Export from existing portals: Simskultur.net

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Export from existing portals: Herold.at

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SEMANTIC WEB – PARADIGM-

SHIFT IN E-COMMERCE AND

ONLINE-MARKETING

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Web of Data – Paradigm shift in

E-Commerce and Online-Marketing

Massive reduction of search costs

“Content remains King but Context becomes the Sun King“

More efficient marketing for niche players

Reduction of entry barriers for special-interest Portals

Massive increase of Revenue Potentials in Affiliate-Marketing

Massive increase of efficiency and effectiveness in Online-

Marketing

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Benefit from First-Mover-Advantage!

Put your business onto the Semantic Web!

Smart Information Systems: http://www.smart-infosys.com/

ebSemantics (tourism): http://www.ebsemantics.net/

WHAT & WHY: in 15 minutes:

http://www.slideshare.net/mhepp/a-short-introduction-to-

semantic-webbased-ecommerce-the-goodrelations-vocabulary-

presentation

HOW - Developer Resources

http://www.ebusiness-unibw.org/wiki/GoodRelations

Funding: http://www.ebusiness-unibw.org/wiki/Funding4SMEs

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Contact:

Markus Linder

Smart Information Systems GmbH

1040 Vienna, Phorusgasse 8

AUSTRIA

Tel: +43 (0)1 890 53 18-0

[email protected]

http://www.smart-infosys.com

Follow me on Twitter: http://twitter.com/markuslinder/

Newsletter subscription: [email protected]

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Linked–Open–Data

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Yahoo Search Monkey Good Relations result

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Semantic Web stack

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GoodRelations auf PTSW