According to a 2016 report, the average yearly financial expense attributed to fraud for retailers was 7.6 percent of annual revenue across all channels, including online and offline sales. And that is on a business-as-usual day. On peak-retail days, clients operating on Amazon have reportedly seen an increase of 150 percent in fraud attempts. But…
Tag: artificial intelligence
Amazon and aieCommerce to impact 7M jobs and 25% of malls (Dr. Tu-Lam Pham)
Overview: How to compete with Amazon Win through direct to consumer model: Casper Mattress, Warby Parker glasses Keys: 1) Good Value 2) Easy Returns 3) Utilize data – “Data is the new oil” 4) Simple Marketing – Mobile First, Social, Content; “Don’t buy media, create media” 5) Adopt New Tech Early – Messaging apps are…
3%-18% conversion rate improvement in Reflektion case studies
This afternoon I was checking out vendors leveraging AdWords to reach eCommerce professionals. I combed through the Reflektion site, and was impressed by their case studies with some well known brands. Conversion Rate Improvement: Toms – 3.3% Marmot – 13% Cafe Britt – 18% Check out the full details: http://reflektion.com/category/case-study/ Also, an interesting visual to…
2019 AI Conference Line-up
Are you are finalizing your 2019 budget? If so, don’t forget to build in a line item for AI conferences. It’s a great way to develop your knowledge, network and even checkout some fun destinations like: Macau or Munich. 11/28/18 AI & Big Data Expo Santa Clara, CA https://www.ai-expo.net/northamerica/ __________________ 1/8/19 Consumer Electronics Show Las…
Communitech announces $1 million prize for AI competition
“Using artificial intelligence to solve a worldwide problem could get you a $1 million prize. Saying he wants to capture the imagination of Canadians and unleash a wave of innovation, a Toronto-based tech investor is making the new competition part of Waterloo region’s annual technology conference. David Stein made his fortune in technology after founding…