System and a method for converting text content into a shoppable format

A system for converting a text content into a shoppable content by using a browser plugin comprises:

• a processor;
• and
• a memory coupled to the processor, wherein the memory comprises a set of program instructions in the form of a processing subsystem, configured to be executed by the processor, wherein the processing subsystem, hosted on a server, and configured to execute on a network to control bidirectional communications among a plurality of modules comprising:
• a pre-processing module comprising:
• an analysis module configured to understand the text content rendered on a browser page and a generative content in the absence of a browser plug-in;
• an identification module operatively coupled to the analysis module wherein the identification module is configured to identify a plurality of entities from the text content based on relevancy of the analyzed text content;
• and
• an updating module operatively coupled with the pre-processing module and configured to automatically update the browser page with modified text content, and update merchandise and merchandise-related factors in real time based on the modified text content;
• an artificial intelligence engine operatively coupled with an extraction module, wherein the artificial intelligence engine is configured to:
• convert the identified plurality of entities from the text content to an advertisement content by adding a hyperlink to each of the identified entity of the plurality of entities, wherein the hyperlink comprises a browser plugin for enabling artificial intelligence for converting shoppable information to the advertisement, wherein the browser plug-in is configured to run the plurality of modules of the processing subsystem;
• determine a plurality of merchandise mapped to each of the plurality of entities;
• select a merchandise based on a plurality of merchandise related factors wherein the merchandise-related factors comprise at least one of a primary product availability, available offers, location of the user and cost of the primary product associated with an entity of the plurality of entities;
• and
• determine a secondary product dynamically if the primary product is unavailable;
• and
• machine learning models comprising at least one of entity recognition to understand the content on the browser page and automatically convert the text content into shoppable content with checkout enabled;
• and
• an overlay generation module operatively coupled with the preprocessing module and the artificial intelligence engine, wherein the overlay generation module is configured to generate an overlay of a shoppable product comprising a summary of the shoppable product;
• and
• a check-out module operatively coupled with the overlay generation module, wherein the check-out module is configured to:
• enables a user to choose multiple parameters of the product;
• auto-populate a product information and enables a user to pay on the browser page;
• and
• enable the user to complete the purchase within content page on the browser without getting redirected to a merchant's website,
• wherein the hyperlink associated with the shoppable product is disabled due to unavailability of the secondary product.