This is an important step forward in applying technology to everyday transactions, providing an automated and convenient experience of liquidating used items.
The future of recommerce in Vietnam
Since its launch in 2013, Cho Tot has continuously improved and become the leading bridge for buying and selling used goods in Vietnam. With the strong development of AI and Big Data technology, Cho Tot continues to affirm its pioneering position in the field of Recommerce (buying and selling used products, helping items that have been sitting in the corner of the house start a new life cycle), not simply a bridge between buyers and sellers but also a platform to support users to maximize the experience of liquidating used goods.
According to a survey by Cho Tot at the end of 2024, about 75% of users had difficulty posting used items for sale due to time consuming or not knowing how to optimize the content of the post. To solve this problem, Cho Tot has developed the "Scan and Sell" feature with automatic support from AI technology, opening a new era in trading goods, especially used items on digital platforms. With a few simple steps, the application helps users to post up to 10 items for sale at the same time, 5 times faster than the traditional way.
How the "Scan to Sell" feature works
With “Scan and Sell,” Cho Tot pioneers the application of generative AI technology (genAI), combined with an advanced multi-modal platform model and exclusive big data. This technology allows turning product videos into complete listings, automatically identifying products, descriptions, images and prices.
The steps are also very simple, first the user opens the Cho Tot application, selects the “Scan to sell” feature and uses the camera to scan the item and enter the desired price by voice. Then, the AI system will analyze the image, identify the product, optimize the description and convert the voice into text. Once completed, the complete post including image, description and selling price will be created in seconds.
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Simple steps to post products for sale with the support of AI. |
Technology Highlights of Cho Tot AI
The “Scan and Sell” feature is not only a support tool but also a clear demonstration of the application of AI in practical fields, helping to improve the efficiency of second-hand transactions. The technological highlight of Cho Tot lies in its outstanding speed when users can post multiple items for sale in seconds, minimizing manual operation time. At the same time, users save time and effort by eliminating the step of manually writing descriptions, helping them easily complete their posts professionally.
In addition, based on big data analysis, the feature will suggest suitable prices, helping sellers to price more accurately and reasonably, supporting the optimization of the item's value. Users just need to select the "Scan and Sell" section right on the Cho Tot application homepage, scan the camera through each item to be liquidated and speak directly into the camera the desired price. After a few seconds, AI will automatically identify, classify and create a complete post with images, information and price.
Cho Tot not only applies AI in utility features but also actively participates in international technology events to share breakthroughs. At Google Cloud Summit 2023 in Singapore, Cho Tot impressed by introducing the feature of applying GenAI technology to posting used car sales.
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Cho Tot representative introduces GenAI technology application feature at Vietnam Web Summit 2024. |
Recently, at Vietnam Web Summit 2024, Cho Tot shared its big goal of “Make second-hand the 1st choice” - turning used goods into the first choice of consumers - through the application of modern technology. This not only promotes a sustainable lifestyle but also opens up great opportunities for the strong development of Recommerce in Vietnam.
With the “Scan and Sell” feature, Cho Tot not only redefines the way Vietnamese people liquidate old items but also affirms its pioneering position in integrating AI into life. This is an important step towards building a sustainable commercial ecosystem, where technology plays a role in connecting and optimizing every aspect of transactions.
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