Cluster recently conducted a POC for an Australian marketplace to determine GTIN Discovery as well as the Catalog Enhancement use case. By taking a sample list of items to analyze that included details from its catalog like titles, brands, and listing URLs, Cluster was able to identify and validate 33% of the marketplace’s GTINs on the sample of products.
What are the implications of missing GTINs? Google deprioritizes items with missing and invalid GTINs. And, Google reports that products with GTINs have a 40% higher click-through rate and up to 20% more sales.
What is the impact on this marketplace? By looking at comparison data (monthly web traffic of competitor sites in the same locale), Cluster was able to determine an estimated annual ROI of ~$145k USD in marketplace profitability simply by missing valid GTINs (see image).