As we step into the metaverse, the next iteration of the internet will create an entirely new channel for brands to connect with their consumers. Where the internet ushered in the eCommerce era, the metaverse will start the Immersive Commerce, or iCommerce, era, and many brands are already exploring creating unique experiences in the metaverse. Digital products will become the … [Read more...] about From eCommerce to iCommerce; How the Metaverse Will Revolutionise Shopping
What's the first thing you imagine when you hear the word blockchain ? Probably Bitcoin, Ethereum, or maybe other cryptocurrencies. Transactions with cryptocurrencies are a significant and noticeable part of blockchain technology indeed. However, did you know that it doesn't belong only to the world of finance? According to the latest forecasts, the global market revenue from … [Read more...] about Why Should You Build a Blockchain-Based eCommerce Platform?
Users enjoy it when companies can guess their thoughts. In an ideal world, our favorite food chain creates weekly shopping lists for us. The fashion brand sends us a list of new clothes that complement our current wardrobe. We don't have to put in a lot of effort to get the necessary things. That's the (near) future, but even today, machine learning technology has many uses in … [Read more...] about Machine Learning in E-commerce: Use Cases
Big Data Analytics, in layperson terms, can be defined as the intricate task of untangling and examining the data accumulated from various sources (organizations, websites, etc.) in an attempt to discover patterns, trends, and correlations in the same. The insights derived can be extremely valuable for businesses as they can then make important growth decisions based on the … [Read more...] about 3 Ways to Successfully Leverage Big Data Analytics for Your Business
Unless and until, you've been burrowed deep underground for a couple of years, you've most probably heard of this phrase artificial intelligence. It's the talk of the town for the last 2-3 years. It has progressed to a point where it has become a very important component of almost all the major industries. Be it using virtual filters on our face when taking pictures or using … [Read more...] about How is artificial intelligence leveraging the ecommerce industry?