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
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How is artificial intelligence leveraging the ecommerce industry?
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?
How Technology is Transforming Online Retail
The idea of online shopping has been around for decades. The first item purchased online was Sting's Ten Summoner's Tales in 1994 for $12.48. Amazon and eBay, two of the biggest online retailers, launched their sites for the first time in 1995, but even at the beginning of the 2010s, Amazon only accounted for 6% of all retail sales. It took the events of 2020, with a global … [Read more...] about How Technology is Transforming Online Retail
How Leading Retailers are Leveraging AI to Engage Customers Better
Artificial Intelligence (AI) is fundamentally changing the e-commerce landscape, as chatbots fueled by AI are improving in their ability to communicate seamlessly with users. While some early bots suffered from poor customer experience (CX) reviews, today leading retailers have developed intuitive algorithms that offer exceptional CX across the board. The typical chatbot is … [Read more...] about How Leading Retailers are Leveraging AI to Engage Customers Better
7 Artificial Intelligence Tools for Effective Ecommerce Marketing
Artificial intelligence has been around for quite some time, but its recent boom in popularity makes it one of the most exciting technologies to watch. AI has various applications and is a perfect fit for ecommerce marketing “ from customer service chatbots to predictive analytics, many tools can help you make your retail business more efficient. In this guide, we have revealed … [Read more...] about 7 Artificial Intelligence Tools for Effective Ecommerce Marketing