“According to the Cappasity 3D imaging market research, 82 percent of visitors to the product page activate the 3D view, and 95 percent of respondents prefer an interactive 3D representation to video playback. So, it does not come as a surprise that 3D product imaging allows for significant increase in key metrics like conversion rate. “We managed…
Tag: artificial intelligence
Bad UX is costing e-commerce businesses nearly $1.5 trillion globally
“This is a key focus that is being recognized by the industry and brands as a whole, with customer experience consultancy, Walker, revealing that, by the year 2020, customer experience will overtake price and product as the key brand differentiator. Permanent uplift in conversion is a by-product of improving the user experience, which leads very…
2.3 trillion dollars which is likely to grow by over 246% by 2021
“The ecommerce industry has seen tremendous growth in the last decade and it doesn’t look to slow down anytime soon. 2017 alone favored global retail e-commerce sales to the tune of 2.3 trillion dollars which is a trillion dollars extra to what it was in 2014. This figure is likely to grow by over 246%…
More than a billion dollars a quarter of gross sales are brought in by AI
“Food delivery has become a $100 billion-plus market. Uber Eats is the fastest growing U.S. meal delivery service, posting a $6 billion bookings run rate within just four years of getting started, according to Uber CEO Dara Khosrowshahi. In 15 major U.S. cities, Eats has surpassed GrubHub, previously the unchallenged delivery leader. Why isn’t anyone talking about it? It…
Stakeholder involvement with AI is low
“A survey from Globant has revealed a lack of organisational and stakeholder participation in conversations about AI. Key findings include: 48% of CEOs are involved in conversations about AI, while only 24% of CTOs and 22% of CIOs are involved in these conversations. 33% of department leads are involved in conversations about AI internally. Only 16% of…