To change the functionality of a content slot from displaying top sellers to rendering a specific content asset, the following actions are necessary:

Change the Content Type: Since the merchant wishes to shift from displaying products to a content asset, it's necessary to change the content type in the slot configuration. This defines what type of content the slot will handle (from products to content assets).

Change the Rendering Template: The rendering template used for displaying top sellers (likely product-focused) will not be suitable for a content asset. It needs to be changed to a template that is designed to render content assets, facilitating a more personalized content experience.

These two changes ensure that the slot is reconfigured to suit the new purpose without the need for deleting and recreating the slot, which preserves any existing settings and customizations. This approach is more efficient and less error-prone.