Many companies struggle to forecast sales accurately: four out of five sales organizations get their forecast wrong by more than 10%. This may lead to mistaken investment decisions, overload or lack of salespeople, or stock issues. Alternatively, sales forecasting using AI allows business leaders and sales reps to make smarter decisions when defining goals, budgeting, and … [Read more...] about How AI Can Make Sales Forecasting More Accurate
ecommerce
The Role of AR and VR in Consumerism During the Pandemic
Technology drives the world forward. That idea became even more evident as the COVID-19 pandemic presented countless challenges over the past year, and as it continues to do so throughout 2021. With people all over the world staying inside, distancing from one another, and avoiding in-person shopping, industries need ways to bring sales to the consumers. Due to this new … [Read more...] about The Role of AR and VR in Consumerism During the Pandemic
Using Big Data To Redesign Customer Experience In Ecommerce
The foundation of the massive tech evolution taking place in almost every industry is based on customer engagements. Despite the industry you are operating in, your core values and strategies will all be directed towards one goal; keeping the clientele satisfied. Among the highly advanced technologies, Big Data has emerged as a buzzword. From highly established giants to … [Read more...] about Using Big Data To Redesign Customer Experience In Ecommerce
How Artificial Intelligence is Becoming Part of eCommerce UX
The eCommerce industry is growing at a staggering rate each year, and projected revenues are expected to reach a whopping 6.54 trillion US dollars in 2022 in the US alone. This means that eCommerce is a lucrative field to get into, but it also means that the industry is getting more saturated by the day. If you want to survive and even thrive in the eCommerce field in the years … [Read more...] about How Artificial Intelligence is Becoming Part of eCommerce UX
6 Ways to Effectively Increase Your Conversion Rate with Chatbots
6 Ways to Effectively Increase Your Conversion Rate with Chatbots It goes without saying that the internet has drastically transformed our buying pattern. Today, we shop, watch, communicate, relax, and learn things online. It has also massively contributed to the growth of online businesses. But the irony is that most online businesses struggle to retain their visitors, let … [Read more...] about 6 Ways to Effectively Increase Your Conversion Rate with Chatbots
