Use of ML for eCommerce: Tips and Strategies
During COVID, online spending surged by approximately 55%. But that storm has now settled. More digital shopping carts are being abandoned.
During COVID, online spending surged by approximately 55%. But that storm has now settled. More digital shopping carts are being abandoned.
Picture this: Half of all people are not just intrigued but genuinely eager to purchase products using chatbots. And that's just the beginning. Within a year or two, a jaw-dropping 75% to 90% of all eCommerce queries are expected to be effortlessly handled by chatbots. Imagine the efficiency and convenience of instant assistance, available at [...]
Imagine if you could walk into a supermarket, grab whatever you need, and just walk out. No that isn’t stealing. Your account would automatically be charged and an itemized bill will be sent your way. Well, that’s no dream. Amazon Go stores are living examples of such a utopian dream. You can learn more about Amazon [...]
E-commerce has evolved in the last few years and has gone beyond traditional “Commerce” – the plain buying and selling using the internet. The Ecommerce Industry is focusing on User Experience, Customer Satisfaction, Fulfillment and Customer Satisfaction. This new-age smart and intelligent commerce will be impacted significantly by Artificial Intelligence. Gartner predicts that by 2023, the [...]