1 / 5

How AI made a place in smarter E-Commerce

AI allows an e-commerce website to recommend products that are especially suitable for shoppers and allows people to search for products using conversational language or images as if they were interacting with a person.<br>This has been one of the key missing ingredients for a higher share of e-commerce revenue within the retail industry: the lack of personalization that brick-and-mortar stores can offer.<br>

8357
Download Presentation

How AI made a place in smarter E-Commerce

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. 7/12/2021 How AI made a place in smarter E-Commerce? | by prashanthi vadla | Jul, 2021 | Medium Open in app prashanthi vadla 4 Followers About How AI made a place in smarter E-Commerce? prashanthi vadla 1 hour ago · 3 min read AI allows an e-commerce website to recommend products that are especially suitable for shoppers and allows people to search for products using conversational language or images as if they were interacting with a person. This has been one of the key missing ingredients for a higher share of e-commerce revenue within the retail industry: the lack of personalization that brick-and-mortar stores can offer. https://prashanthivadla009.medium.com/how-ai-made-a-place-in-smarter-e-commerce-26046a90f5a4 1/5

  2. 7/12/2021 How AI made a place in smarter E-Commerce? | by prashanthi vadla | Jul, 2021 | Medium Along the same lines, other emerging opportunities include using AI to personalize the customer journey. This alone could be a great added value for online retailers. Artificial Intelligence Services Bangalore| AI Development Auto-generated products — Product descriptions are e-commerce dependent. Customers make their purchase decision after reading the description. If you haven’t decided to buy yet, this is the last chance for a business to influence customers with an AI development company India Content creation is challenging and time-consuming for businesses. It takes about 18 months to complete 10,000 descriptions, while AI https://prashanthivadla009.medium.com/how-ai-made-a-place-in-smarter-e-commerce-26046a90f5a4 2/5

  3. 7/12/2021 How AI made a place in smarter E-Commerce? | by prashanthi vadla | Jul, 2021 | Medium content generation tools could do it in a few hours. By leveraging artificial intelligence, companies can also create a dynamic description that addresses the interests of each buyer. Customer relationship management: Perhaps one of the most impressive characteristics of AI is its predictive nature. Customer relationship management, or CRM, is now a thing of the past. What used to be collecting large amounts of data to be tackled by someone when you finally had enough time to conquer the project and draw conclusions and make future predictions is now simplified and much more efficient. With the help of android app development company services, the days of aggressive remarketing and focusing on the amount of ad exposure will be long gone. The new era of marketing will be able to focus on quality and direct the most relevant advertising to the right visitors at the right time. In addition to making things easier for you, these advancements will also improve the overall customer experience. Artificial Intelligence Services Bangalore| AI Development We build revolutionary AI applications and solutions for process automation & improved outcomes. Lets Start Now! We… hyena.ai Chatbots and Voice Assistants in Customer Service: Digital assistants like Siri and Alexa are playing an increasingly important role in people’s lives. Similar chatbot development companies can provide their customers with real-time answers to their questions, solve their problems, and even identify cross-selling opportunities. Machine Learning Services Company in Bangalore, India |Hyena For example, North Face is testing IBM Watson as a sales assistant. Watson asks customers questions like “where are you going to wear this jacket?” or “what time do you choose to wear this jacket?” After getting responses, the program generates specific recommendations. https://prashanthivadla009.medium.com/how-ai-made-a-place-in-smarter-e-commerce-26046a90f5a4 3/5

  4. 7/12/2021 How AI made a place in smarter E-Commerce? | by prashanthi vadla | Jul, 2021 | Medium Answers to questions like “Which camera is best for indoor photography?” You can significantly reduce friction and encourage more customers to buy. Inventory management: Similarly, the machine learning development company in India and AI predictive analytics are driving big changes in the inventory management world. If you’re reading this and have ever gotten over the constant pain of keeping inventory up to date, shelving stocked, and keeping accurate records of everything, you know what an absolute nightmare managing inventory can be. Traditionally, inventory management used a hindsight perspective; However, we all know that what was is not the best metric to determine what is in the dynamic e-commerce market. Machine Learning Services Company in Bangalore, India |Hyena Hyena's ML solutions can predict business outcomes, reduce customer churn rate, and improve profits. Lets Start Now! We… www.hyena.ai Artificial intelligence technology enables store owners to gain insight into the factors driving demand and to perform predictive analysis of future demands likely to hit the market. Depending on how machine learning works, the longer you use your AI companion, the smarter it will be for your business as it learns more about your business, your customers, and your visitors. Thanks to advances in artificial intelligence, store owners will be able to more accurately predict the future and real-time inventory needs of their business. About Write Help Legal Get the Medium app https://prashanthivadla009.medium.com/how-ai-made-a-place-in-smarter-e-commerce-26046a90f5a4 4/5

  5. 7/12/2021 How AI made a place in smarter E-Commerce? | by prashanthi vadla | Jul, 2021 | Medium https://prashanthivadla009.medium.com/how-ai-made-a-place-in-smarter-e-commerce-26046a90f5a4 5/5

More Related