So, the information is there. The challenge is to learn to use all the information we have access to. One of the most basic and useful knowledge at our disposal is that of taxonomies. This is all about helping customers find the right information quickly, efficiently, and hassle-free. Too often, online retail stores have poor navigation and categorization structures. This leads to a frustrating customer experience and decreased sales. The solution? Create product taxonomies to categorize your store hierarchy and help you better manage products while improving customer experience. At Which Is The Most Useful Text Classifier API? we will share the information you need to know about creating a product taxonomy for your online store with Text Classification IAB Taxonomy,, a simple and high-quality software.
Text Classification IAB Taxonomy,: The Most Useful Text Classifier
The Content Taxonomy has evolved over time to provide publishers with a consistent and easy way to organize their website content. For example, to differentiate “sports” vs. “news” vs. “wellness” material. Text Classification IAB Taxonomy, specification provides additional utility for minimizing the risk that content categorization signals could generate sensitive data points about some things. Some examples are race, politics, religion, or other personal characteristics that could result in discrimination.
If you want to know more about this API we recommend…
Classify Any Text You Want And Improve Your Business With This API
What is Product Taxonomy and why do you need it?
Imagine this:
You are visiting an online store looking for a black iPhone case. Instinctively you will Phones -> iPhones -> Accessories but you do not see any list of covers. When you type in your search query, the site returns cases for all iPhone models, but not for the phone you’re looking for. You spend the next minute scrolling through the dozens of articles until you find it on page 2 (patient browser!)
If you’re the owner of this eCommerce store, expect customers to leave frustrated. You would quickly lose revenue and sales. Besides, if they don’t find the product, they can’t buy it.
It’s not uncommon for eCommerce stores to have disparate product listing or categorization issues, and it’s understandable. Product data is difficult to classify due to its ubiquitous nature. This is where a well-planned product taxonomy comes in. You could have the best of both worlds: high sales and satisfied customers if your website can help consumers easily find relevant information.
So, what exactly is a product taxonomy?
It is a logical and hierarchical structure to organize your products and make it easy to navigate through them. Like the product categorization of a retail store, thus the product taxonomy for online retail stores helps consumers easily find relevant information. The fundamental goal of a product taxonomy is to improve the customer experience and, in the process, make it easier for store owners to manage their product data.
The taxonomy consists of two essential components:
Categories: Groups in which the common products will be classified. For example, Phones is a category where all phones will be grouped. In a product taxonomy, the category is organized in a hierarchy to improve navigation.
Example:
Home -> Phones -> Android -> Samsung
Home -> Phones -> Apple -> iPhone
Attributes: Additional information used to qualify products in the same category. Phone attributes can be brand, model, storage (either 64GB or 256GB), screen size, and camera resolution, to name a few.
Some products may even require a third party, worth based on the list of attributes. For example, iPhone X -> Color -> Pink where pink is the value, attributed to the color.
So, understanding the relationship between these three components is essential for the construction of an accurate taxonomic design.
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Also published on Medium.