“A study conducted by a leading market research firm states that global eCommerce sales would almost reach the $5 trillion mark, projected to grow at a 14.3% rate in 2021. In fact, a study reveals that 47% of users would buy via a chatbot.” AI in Retail Marketing and eCommerce
Tag: AI eCommerce
Today In Retail: eCommerce Tech Firm Fabric Notches $43 Million; Sephora Elevates BIPOC-Owned Brands Via Incubator
“Fabric, the headless commerce technology provider, has notched $43 million in a Series A funding round headed up by Norwest Venture Partners, with participation from Redpoint Ventures in addition to Sierra Ventures. Fabric has an application programming interface (API)-powered, modular system built to assist direct-to-consumer (D2C) and business-to-business (B2B) brands with growth.” https://www.google.com/amp/s/www.pymnts.com/news/retail/2021/today-in-retail-ecommerce-tech-firm-fabric-notches-43-million/amp/
The Architectural Imperative for AI-Powered eCommerce
“Remember, there is no AI without IA. Make sure that information architecture works and your AI will function appropriately. How can you make sure your AI tools actually deliver the experience they promise? By beginning with the information architecture (IA). Reviewing commonalities from dozens of projects, I’ve observed that these are the key areas to…
Ecommerce has evolved. Is your business ready for 2021?
“Learn about the latest global and regional trends that could impact your business—and dive into the data and insights from our annual report, The Future of Ecommerce in 2021.” https://www.shopify.com/plus/webinars/ecommerce-has-evolved-is-your-business-ready-for-2021
How this former Facebook, Paypal, and Lambda School exec started an AI-driven ecommerce platform
“Namrata started Sturish, an AI-driven ecommerce growth platform, in October 2020. The platform takes care of setting up the ecommerce business for any seller through complete automation. Businesses can sign up on Sturish, upload their products, and select the marketplaces they want to sell on. The platform then automatically creates product listings, and the team…