Critical elements that make your journey smooth.
Are you an eCommerce stakeholder and be looking for ways to increase conversions with reduced cost and time? Artificial Intelligence is the latest technology that is revolutionizing various domains with its savvy capabilities and tools. AI in eCommerce is helping to pave the way for eCommerce websites through the implementation of Chatbots, smart product recommendations, intelligent searches, warehouse automation, cybersecurity, post sale support, automated inventory management and predictions, sales forecasting, supply chain automation and many more.
Adept AI solutions to cater all your eCommerce business needs
Our AI/Machine Learning enabled Cohort analysis answers critical questions such as - Wouldn’t you like to categorize customers into different groups/cohorts for personalized marketing and outreach campaigns? How about segmenting customers based on Loyalty or Product Type so you can customize your offers?
Our customer segmentation solutions help you:
It is six times more expensive to acquire new customers than to retain existing ones. Wouldn’t you like to know which customers are showing signs of breaking up with you? Or prescribe preventive actions to improve customer satisfaction and retention.
Our customer retention solutions help you:
Our Deep Learning enabled Personalized Recommenders answer critical questions such as - Wouldn’t you like to recommend products to your customers based on their past behavior, other similar customers, demographics or a combination of multiple attributes. How about highly relevant up-selling and cross-selling recommendations, which could delight your customers?
Our Personalized Product recommendations help you:
Our AI/Machine Learning enabled demand forecasting to answer critical questions such as – how should you plan for demand? How should you consider the factors that impact demand (local events, holidays, school opening/closing, and games)? How do you ensure the delicate balance between over-stock and out of stock?
Our Intelligent demand forecasting solutions help you:
Our AI/Machine Learning enabled pricing to help you answer critical questions such as -- Why only markdown prices? If the price-elasticity so warrants, why not increase prices? How can you make changes, at speed? Can you conduct “price experiments”, and get a quick read on the results? What customer attributes are significant that drive price acceptance? What are frequently occurring baskets and who are the “key basket holders”? How do you minimize discounting? What is the competitor pricing, and how can we adapt while still avoiding a “race to the bottom?”
Our AI/ML enabled pricing platform helps you to:
Our AI/Machine Learning-enabled competitor price monitoring platform PriceEye uses at least a dozen attributes to identify similar or substitutable items and retrieves their pricing and in-stock status multiple times in a day. This enables you to see what all do customers consider when buying your product; and how you compare on price and in-stock status with alternatives available in the market. The platform also provides you with trends like – “40% of your items are about 12% higher prices last week” or “even though your prices are higher compared to 3 competitors, you are better on in-stock position – so go ahead and maintain higher prices!”
Our Competitor Price Monitoring solutions help you:
Customer Lifetime Value is a monetary value that represents the amount of revenue a customer will provide the business over the lifetime of the relationship. Wouldn’t you like to know ahead of time that a customer A would bring in 20k in revenues over the next five years, as opposed to a customer B, who will only generate $300?
Our CLV predictor will help you:
Our AI/Machine Learning enabled NLG (Natural Language Generation) content generator will offload the burden of creating content for your marketing campaigns. How would you like personalized email content or social media posts generated automatically for your target audience?
Our CLV predictor will help you:
Our computer vision enabled Image analytics help answer critical questions such as – Would’nt you like to enable your customer to search by images instead of text?. How about recommending similar products given the image of a sample product?
Our Product Image Analytics will help you:
The much-awaited Asia Pacific’s biggest Magento event, i.e. Meet Magento SG 2020 is going to take place in Singapore on 26th November 2020. Being ju...Read More
Here are the answers to the questions we get asked most frequently about AI in eCommerce