Mylo Portas, head of retail, Peak “Our own retail industry report found that, on average, e-commerce companies using AI enjoyed 18 per cent year-on-year sales growth in 2017, 30 per cent more than those that were not using AI. The median gross profit margin for companies that use AI, meanwhile, was 50 per cent higher…
Tag: AI eCommerce
6 Ways Green Entrepreneurs Are Integrating AI Into Cannabis Sales and Ecommerce
“As a result of the growing global demand for cannabis, many AI and machine learning companies have launched innovative products to help marijuana businesses speed up processes, reduce errors and significantly reduce their cost of production. Some of these companies, like Motorleaf and Leaf, have completely revolutionized farming as we know it. Here are six…
AI Will Help You Deliver the Perfect Product Experience
PHOTO: SHUTTERSTOCK “According to Gartner, artificial intelligence is the technology that will have the most impact on commerce in the future. Their analysts say AI will predict and initiate at least five percent of digital commerce orders by 2022.“ https://www.cmswire.com/customer-experience/3-cant-miss-predictions-about-the-future-of-ecommerce/
Build A 5-Star Customer Experience With Artificial Intelligence
© PESHKOVA – ADOBE STOCK “So anyone interested in CX trends should pay close attention to the latest Customer Experience Index report from Forrester Research. The annual survey asks nearly 120,000 U.S. consumers to rank 287 brands across 19 industries, focusing on how their company-specific experiences impact brand loyalty. The alarming surprise was that the aggregate…
Top ecommerce tips: Why personalisation is the sixth sense
“In the age of AI, algorithms and recommendation engines, digital consumers have become used to more targeted and relevant messages so we need to bring this in store too. Personalisation has become our sixth sense. More than a third of consumers interviewed for the report (38%) said that feeling like the experience was personalised to…