AI enables eCommerce search engines to think the way humans do and enable them to better understand their customers, generate new leads, and provide an enhanced customer experience.
AI has unleashed the true potential of the exponentially growing ecommerce industry and helping the stores in improving the customer experience, increasing efficiency, and have a better understanding of business. It is revolutionizing the way consumers interact with a brand and enabling companies to predict, sense, automate and most importantly, it is solving the
on-ground (or online) issues that e-commerce businesses are facing.
The e-commerce industry is continuously evolving and is now rapidly incorporating artificial intelligence (AI) into its business and operational strategies. AI has unleashed the true potential of the exponentially growing ecommerce industry and helping the stores in improving the customer experience, increasing efficiency, and have a better understanding of business.
AI is revolutionizing the way consumers interact with a brand. It is enabling companies to predict, sense and automate and most importantly, it is solving the on-ground (or online) issues that e-commerce businesses are facing. According to a Gartner report, more than 80% of the interaction in e-commerce industries would be handled by AI-powered chatbots, and as high as 20% of customers are ready to make a purchase based on their interaction with a chatbot.
TheDataTeam resolving bottlenecks that might slow down your business growth
With their experience and expertise, TheDataTeam can help a growth-oriented e-commerce store dramatically expand the use of AI and ML to optimize every part of their business. Our ‘customer intelligence platform’, Cadenz can help you get a single customer view as well as behavioural analysis of your customers using existing company data to help you offer a personalized customer experience like never before.
Not just that, here are some other ways TheDataTeam’s AI application can help benefit your business:
An AI algorithm tracks and analyses user browsing activity and past shopping history to carefully select and recommend products that a user is more likely to buy. These personalized recommendations by AI enhance the customer experience as well as increase the conversion rate significantly.
By analyzing sales patterns, search trends, festive season, and using predictive analysis, AI can help ecommerce stores in inventory management, warehouse management, and supply chain management and helps in eliminating over-stock of items. AI bots can also keep a record of product type, batch IDs, and their expiry date to send you timely notifications about perishable products.
Automated Product Description
Product descriptions play a very important role in giving product details to the customers. AI can automatically fill in product details by extracting the details of the product from the manufacturer as well as by searching for relevant product-related information on the internet. AI also has information about frequently used keywords as well as dynamic pricing models based on product demand and sales volume. The best part is that it can write 1000s of product descriptions within minutes.