Sales From Chatbots Could Reach $112B By 2023 “Juniper Research estimates that retail sales stemming from interactions with chatbots are set to reach $112 billion by 2023. The firm also noted that chatbot interactions are set to skyrocket from a forecasted 2.6 billion in 2019 to 22 billion in the same time frame, Retail Dive…
Tag: AI eCommerce
Nike Fit app uses AI to determine your exact shoe size
“Nike Fit app that can easily be mistaken for a fitness app. It is, instead, an app for measuring your feet by Nike’s standards. The app uses a combination of computer vision, data science, machine learning, artificial intelligence, and even recommendation algorithms to measure your feet size.” https://www.google.com/amp/s/www.slashgear.com/nike-fit-app-uses-ai-to-determine-your-exact-shoe-size-10576145/amp/
7 Ways eCommerce is Leveraging AI for a Better Customer Experience
“Retailer spending on artificial intelligence will reach $7.3 billion per year by 2022, according to Juniper Research. Research shows that 29-percent of consumers who own digital personal assistants have used their device to shop online. Fortunately for retailers, reports Juniper, the cost of AI tools will drop 8-percent during the next four years. As this…
ginnie: New Artificial Intelligence Software Set to Help eCommerce Sellers Grow Sales with Better Product Descriptions
“According to Statista 2.14 billion people worldwide will buy goods and services online by 2021. In Canada, PayPal reports that eCommerce businesses are growing 28 times more than those who are not selling online. According to Salsify 51% of the time, a product listing with more bullets will convert at a higher rate and outrank…
In-vehicle Marketplace will be Available in 80 Percent of Premium Vehicles Sold by 2020, says Frost & Sullivan
Image Credit: Frost & Sullivan “The likelihood of in-car ads converting to purchases of products and services is especially high in automated vehicles, which makes marketplace a scalable model,” said Suhas Gurumurthy, “Connected car makers will be eager to build strategic partnerships with telecom providers and communication module makers to augment on-road safety and offer…