“Stateside, more than one-in-three Facebook users now visit Marketplace every month, according to internal figure. That’s impressive, considering the service has only been around sine 2016. The company is leveraging AI for price range suggestions and auto-categorization…Marketplace will now suggest that he set a particular price range, based on previous sword sales. The system will…
Tag: Brandon McGee
China is already leading in the war over AI – rudebaguette.com
“This week China announced what appeared to be a softening of its previously extremely hard line on global domination in the area of Artificial Intelligence (AI). China is out investing, our strategizing and out researching America when it comes to Artificial Intelligence. They have a broad, well considered, holistic approach to the topic, which combines…
Study: Half of retailers are embracing AI to transform supply chain
“The challenge for retailers is that they lack connected systems. Thirty-six percent of survey respondents indicated that they have separate demand planning, replenishment, allocation and order management systems for store and ecommerce orders. Combined with the fact that 28 percent don’t manage each of their modules on the same platform, it becomes clear that disparate…
Nosto/Knomo – 60% increase in conversions
“Nosto’s AI-powered personalisation solution for bag and tech accessories retail brand Knomo has been recognised as a double-winner in the eCommerce Awards for Excellence 2018. It was honoured with both the ‘Best use of AI’ and ‘Best use of Personalisation’ awards at the annual online retail industry event. The results have been impressive. Since going…
Flipkart Snaps Up Israeli Retail Analytics Startup Upstream Commerce
“Reportedly, the move will help Flipkart to deliver real-time pricing and product analytics to its seller partners. According to an ET report, industry insiders have hinted that Flipkart bought the retail intelligence startup for around $30-40 million. Upstream Commerce offers a suite of products related to predictive price optimization, pricing intelligence, lifecycle intelligence among others….