“Hyderabad: Artificial Intelligence is getting good at doing bad things swiftly, evident from the alerts put out by leading cybersecurity companies that attackers won’t just target AI systems but will create AI techniques themselves to amplify their own criminal activities. Although AI will help automate manual tasks, enhance decision-making and other human activities, it can…
Category: Uncategorized
AI as Stylist, Assistant, Life Coach: ai eCommerce
“Who do you turn to when you can’t decide what to wear? Your best friend, maybe. Instagram, probably. Fashion magazines, maybe. But soon, perhaps, it will be none of the above. Instead, you will try on an outfit, turn to a wall-mounted, five megapixel camera with front lighting and dual-antennae WiFi connectivity, and ask: “Alexa,…
How AI can unlock customer loyalty – RetailSector
“Despite overall consumer interest being higher than 2017 (with average page views soaring by more than a quarter year over year), shoppers are clearly holding out for a better bargain. Getting consumers to commit to a purchase, and securing their loyalty, is clearly harder than ever. That is, unless brands and retailers are able to…
Mobile Phones ‘driving 56% of holiday online fashion sales’
“Consumers are growing more comfortable buying fashion items on their phones reveals new Black Friday and Cyber Monday data from AI-powered retail personalisation platform, Nosto. And for fashion retailers, Black Friday and Cyber Monday 2018 was 36% bigger than last year. Nosto’s analysis of millions of visits to fashion sites globally suggests mobile accounted for…
Black Friday: Traffic +7.7% / AOV +3.5% / Conversion -11.3%
Wow…this press release is a treasure trove of data on Black Friday, Cyber Monday and the entire shopping weekend for US, UK and Canada. Here’s just a snippet… “In the U.S., 2018 Thanksgiving holiday shopping bounce rates increased by 12 percent from 2017. Additionally, cart abandonment rates increased by 2.6 percent and conversion rates decreased…