In the last decade, Artificial Intelligence has grown by leaps and bounds. Today AI customizations are far more sophisticated and are tailored to business needs. Personalization is nothing new to E-commerce, with advances in AI and machine learning technologies. Newer and deep levels of personalization have started to penetrate the fast- growing e-commerce world. Mobile apps are being personalized to suit customer needs and enhance user experience. Companies in the retail industry are taking note of this new medium of technology. AI infused ‘Smart Apps’ are being built to complete day to day tasks. Today, consumer’s live in an Omni-channel …read more
In today’s day and age, everybody needs online help. Artificial Intelligence in e-commerce can be used to create a virtual buying assistant, which helps consumers decide which products or services to buy or choose. Some examples of Virtual Assistants are Siri, Alexa, Cortana & Google Assistant. They also help them in navigating through the store and finding the desired product. Virtual Assistants will notify customers in case of price drops and product updates. Virtual Assistants help businesses grow and are cost effective as well. It is far easier to ask Alexa a question and get an immediate response rather than …read more
Artificial Intelligence (AI) helps you analyze large quantities of data and this, in turn, helps in detecting patterns. Artificial Intelligence systems are capable of performing valuable IT security tasks preventing hacker intrusion and make cyber systems robust. On a personal level they help in detecting patterns and make predictions and this, in turn, makes them more intelligent. AI has a lot of potential for E-commerce applications. AI analyzes millions of data for its customers thereby identifying similarities of buying behavior, purchases and demographic checks. This gives sales team some rich insights to pitch the right customer at the right time, …read more
With Artificial Intelligence (AI) making a name for itself, Sales teams across the world have started taking notice of this superb technology. Gone are the days of primitive sales technique like the good old traditional marketing of Yellow pages or cold calling. Sales teams today are diversifying in every aspect of learning new patterns to adapting to changing technology. Only qualitative data is taken into consideration. With a high demand for analytics, sales executives are able to target their customers more easily. With AI seeing continuous improvements and refinements. This technology has started to evolve on a much larger scale. …read more
Artificial Intelligence (AI) is playing a key role in the retail world. It makes users take decisions faster and are able to determine what their requirements are. Fortune 500 companies are taking this technology into serious consideration. AI seems to be the future! According to Gartner Report, 85% of interactions with a customer will be handled without a human by 2020.
Ever wondered how can we use Artificial Intelligence in eCommerce or what it takes to make your Online Store intelligent? Let’s take a deep dive and go over some of the powerful and practical ways of how embedded AI onto eCommerce platform, like eComchain, can help increase the conversion rate, sales and revenue for an online retailer. Here are the AI features that has been built into or embedded in eComchain : ► Customer-centric search – deploy Semantic API’s which enables the search engine to think way humans do. This would be accomplished by using natural language processing to narrow, …read more