“Amazon has reported that upselling and cross-selling makeup to 35% of their total annual revenue. To say that a personalized experience and contextual content recommendations are an integral part of modern e-commerce would be an understatement — effective upselling and cross-selling is how today’s e-commerce platforms remain profitable and continue to grow.” https://www.google.com/amp/s/www.martechadvisor.com/amp/articles/seo/why-aipowered-search-and-recommendations-are-key-to-ecommerce-success/
Category: Uncategorized
72% Millennials Believe Phone Calls Are Out
“The standard customer service medium for decades, the phone call, is slowly being phased out, with 72 percent of millennials believing it’s not the best way to solve a customer-service issue. We’ve seen the rise of chatbots, some more graceful than others, but the medium will inevitably improve.” https://esellercafe.com/4-benefits-for-adopting-ai-powered-data-analytics/
Increased online order values by 18%
“Function18 doubled its on-site engagement and made visitors 1.3x more likely to buy with newly launched Nosto technology that delivers a ‘personalised store to every customer’. Function18.com, which sells golf clothing from top sports brands such as Nike and Adidas, has seen an 18% increase in average order values while doubling page views and time-on-site…
2% Bump in Sales and Millions of Dollars
“How AI in email marketing generated millions in revenue for these brands – ClickZ – Emily Alford” How AI in email marketing generated millions in revenue for these brands
ai eCommerce Hackaton
“Online marketplace Snapdeal Wednesday announced an ‘AI Hackathon’ aimed at developing solutions based on the new-age technology that can help address challenges related to the e-commerce sector.” https://www.google.com/amp/s/www.outlookindia.com/newsscroll/amp/snapdeal-looks-for-ai-experts-through-hackathon-to-tackle-ecommerce-challenges/1377125
