“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
Tag: Syte
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…
What Retail AI Looks Like in Western Europe – eMarketer
“According to July 2019 data from P&S Intelligence, the global market for retail-related AI is expected to be worth nearly $4.34 billion by 2024, posting a compound annual growth rate (CAGR) of 35.4% between now and then. Two-thirds of retailers in France considered the use of AI indispensable for ecommerce, and a further 18.5% said…