“The UK-based augmented reality startup, Dent Reality, raised the equivalent of $3.4 million USD in its most recent funding round. Dent Reality has created an AR app for smartphones that helps shoppers navigate retail locations by providing a layout of a store’s aisles, while showing where to find specific items. The company works mainly with…
Tag: AI eCommerce
3 Areas Where AI Will Boost Your Competitive Advantage
“Real-time optimization has an immediate, and often dramatic, impact on companies’ bottom lines. One retailer we worked with increased its profit margins by 50% after using AI to instantaneously optimize its offers. It expanded sales of core products with AI-developed, margin-driving promotions and halted margin-destroying special deals — all without investing much lead time in…
The Grinch Bot is Stealing Christmas!
“Cloudflare detected nearly 1.5 trillion bot requests on Black Friday. 43.8% of Internet traffic comes from these bots. During the year, Cloudflare observed over 300 billion bots try to “add to cart.” 71% of login traffic comes from bots” https://blog.cloudflare.com/grinch-bot/
Cyber Monday hits sales high for 2021, with one in three shoppers buying online
“People looking to scoop up Cyber Monday deals spent 1.4% less this year than last, according to the Adobe Digital Economy Index, with online sales in the US on Monday totaling $10.7 billion. Salesforce had a different result for Cyber Monday, saying sales rose 3% from 2020 to $12.3 billion this year. Salesforce said spending…
6 companies transforming the new era of ecommerce
Obsess Swogo Livescale Bold Metrics VNTANA Blutag NRF 2022: Retail’s Big Show, January 16 – 18 in New York City. https://nrf.com/blog/6-companies-transforming-new-era-ecommerce