Introduction
The global market for Artificial Intelligence (#AI) software is expanding. The market value of AI is expected to reach $126 billion by 2025, up from $10.1 billion in 2018. With its numerous benefits for e-commerce, it's easy to see why increased availability isn't the only reason #AI is becoming more popular. With its intelligent integrations, many pain points for retailers and suppliers can be addressed; supply chain management can be more accurately monitored to ensure products and materials are always available;
How Can You Transition Your Business to eCommerce Personalization and AI?
Among the numerous factors, #eCommerce #personalization and AI offer significant opportunities for businesses. However, the competition is fierce. Every day, a new competitor will promote its online stores on social media platforms.
So, if you want to make your store look different, you'll need an option. It is not only about giving your store a unique look, but it is also about giving your store AI-enabled personalized functions.
According to Gartner, AI-powered #eCommerce platforms will improve customer satisfaction by at least 25% by 2023, with the added benefit of increased revenues and cost savings.
Some of the reasons for the shift to #eCommerce #personalization and AI technology are listed below.
Personalized Offers and Recommendations Using AI Algorithms
AI is making inroads into ad evaluation and personalized marketing.
AI-Enabled E-Commerce Website Design
AI-Driven Personalized Search Solution
Simplifying eCommerce With AI-Powered Solutions
Conclusion
Understanding #eCommerce personalization and technologies is critical. It provides you with a better understanding of profit opportunities for your company. So, select the platform on which you want to build your online store.
Are you familiar with the latest AI trends in #eCommerce personalization? What features of AI are you already using to improve your business? Please share your thoughts in the comments section.
To receive notifications of new #posts, please subscribe to my blog and follow Ram Sekhar Repaka on Linkedin.
Comments