“While year-over-year consumer spending in the U.S. dipped last month, the pandemic has supercharged ecommerce. According to data from IBM’s U.S. Retail Index, business closures and shelter-in-place orders accelerated the shift to digital shopping by five years, with online shopping projected to grow nearly 20% in 2020. Based on the survey data from BMC and…
Tag: AI Search
Syte Launches First AI-Powered Product Discovery Platform, Yielding 177% Increase in eCommerce Conversion
“Syte’s product discovery platform enables brands and retailers to automatically create personalized journeys, introducing each unique shopper to the products they’re most likely to buy in the way they most prefer to shop. These bespoke journeys are proven to increase online conversion rates by an average of 177% and average order value by 9.8%.” https://www.prnewswire.com/il/news-releases/syte-launches-first-ai-powered-product-discovery-platform-yielding-177-increase-in-ecommerce-conversion-301249413.html
Vendor Spotlight: Syte.ai
Vendor: Syte Website: syte.ai Headquarters: Tel Aviv & Geneva Key Product: Visual Discovery Suite Camera Search – Create an intuitive path to purchase by empowering shoppers to upload any image or browse through a curated inspiration gallery and find their perfect item. Articles about Syte: Syte Launches Hyper-Personalization Solution Syte, an e-commerce visual search platform, gets…
Footwear Brand Launches Celebros Search Solution to Power Site Search and Increase eCommerce Transactions
“The Celebros Search solution was selected because of its AI driven intelligent search and seamless integration with Magento, the eCommerce platform that powers many of MAP’s online stores. Celebros uses machine learning to understand user behavior and trends to provide customers with accurate and relevant results and recommendations. This will be especially important to the…
How Artificial Intelligence is changing the way we search and find online
“The customer searching online tries to make their query as accurate and intelligent as possible while the search engine simply responds by sharing everything it knows, but without actually answering the question. AI by contrast can spot what the customer intends and gives answers based on that intent, depending where an individual shopper is in…