AI can scan large volumes of real-time and historical data, to identify the most lucrative sales leads. Learn how artificial intelligence is shaping sales in eCommerce.
e-Commerce brands are using artificial intelligence to capture their customer’s behavior, to offer personalized services, targeted ads and ultimately boost sales. AI gleans the best insights from data.
Personalization improves the overall sales by 5% and delivers 5X to 8X the ROI on marketing spends.
For e-retailers, deep learning offers immense opportunities to increase conversion rates and improve the brand image through positive customer experience. Let us learn how. According to a 2018 U.S. Census Bureau report, the e-Commerce industry has shown impressive growth in the past one decade. The online revenues have steadily eaten into an additional 1.5% of […]
Today, e-Commerce brands are relying heavily on using artificial intelligence (AI) to provide a personalized shopping experience to their customers. Here’s how. What makes an e-Commerce business thrive? Indeed, there is no one clear answer. The success depends on multiple factors such as excellent products, impeccable customer service, efficient marketing, and so on. As per […]
Machine learning is the science that makes the critical decision for ECommerce today. If you are a small and medium-size ECommerce company, then you might have been avoiding machine learning until now. A crucial question for most ECommerce business owners is what to expect in return if you begin using machine learning? Machine learning models […]
There is confusion in the minds of technologists around artificial intelligence (AI) and machine learning (ML). This confusion is because most practitioners come from the experience of engineering and not data science. In this article, we focus on understanding what it means to run an AI-based ECommerce in real sense.
Automated AI is the holy grail for everyone who doesn’t know a thing about AI and machine learning. Take a closer look at the history of washing machines. The simple items such as washing clothes have been through more than a century of evolution. Washing clothes at once would be the longest endeavor of the […]
There are two kinds of people who are at the center of ECommerce company’s operations. They are technology experts and those who are good at the domain of the particular ECommerce line of business. As ECommerce businesses evolved over the last decade ECommerce companies started seeing the value of data. To leverage the value of […]
Small and medium-sized ECommerce businesses are looking towards AI and machine learning as a means to make more profits in a less margin business. Gartner predicts, “By 2022, at least 5% of digital commerce orders will be predicted and initiated by AI”. 80% of all customer interactions in ECommerce will be handled by artificial intelligence. […]