E-commerce analytics help online sellers to figure out, in advance, what customers are likely to buy and how to price products so that profits can be maximized. Online retailers get advanced insights into issues that might crop up well before you bring them to the notice of the consumer service department; with all this information, online sellers are forewarned and get help in … [Read more...] about Decoding Analytics In The E-Commerce Industry
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5 Ways to Use Artificial Intelligence in Ecommerce
As artificial intelligence and machine learning technologies become more refined and nuanced, and thus easier to implement across industries and sectors, business leaders are increasingly integrating them in their processes. The reasoning behind these investments is simple - successful AI implementation can boost operational efficiency, automate many processes, and deliver … [Read more...] about 5 Ways to Use Artificial Intelligence in Ecommerce
How Enterprises eCommerce Platforms Help Merchants Utilize Big Data
B2B eCommerce thrives when customers are presented with customized buying experiences. Tailoring such journeys requires firms to leverage their data and put it to good use. Unfortunately, their choice of eCommerce platform might hinder data collection and analytics goals. When running an eCommerce sales channel, your choice of platform is essential since it acts as a central … [Read more...] about How Enterprises eCommerce Platforms Help Merchants Utilize Big Data
From eCommerce to iCommerce; How the Metaverse Will Revolutionise Shopping
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
Why Should You Build a Blockchain-Based eCommerce Platform?
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?