Latest Blog - AI
Artificial Intelligence (AI) is ruling the planet as one of the most essential tools that uses the technology at its best and ramps up any business to generate profit. Tech giants such as Facebook and IBM have now started using AI as a source of income. Lately, AI has gradually made its way to every field, including e-commerce and retail businesses, especially when the world is moving towards online shopping and promoting e-commerce businesses. AI has not only helped increase the sales of e-commerce businesses; it has also made the stakeholders smarter when it comes to improving conversion rate and time reduction.
There are many AI-based apps or tools that have paved the way for success for e-commerce businesses. Let’s take a look at some of them.
TUP e-commerce is a tool that helps increase the conversion rate by combining a few segments such as machine learning models, on-screen user behavior, understanding the buying pattern of a user, and external stimuli. It works on all e-commerce platforms such as Shopify, Magento, WooCommerce, and the list goes on. It helps e-commerce online stores in two ways
TUP Ecommerce comes with a free trial without the requirement of a credit card payment, giving you a good chance to use it and decide if it suits the needs of your e-commerce business.
Ecommerce businesses have many subsections that need professional attention and this is where Artificial intelligence comes in. For marketing purposes of your e-commerce business, Wacul-AI may turn out to be a fruitful app. These days many retail businesses are using this tool as it offers user-friendly solutions for all kinds of website’s needs. The tool gets access to your data, analyzes it, and gives detailed and simplified advice for future outcomes. The AI-driven tool helps transforms your marketing and inventory methods and it is perfect for all business sizes, especially mid+ e-commerce businesses.
Granify is one of the best tools for e-commerce owners who are eyeing revenue optimization. Fast machine learning helps operate it in a straightforward manner that is necessary for the business. How does it work? Granify gathers 500 data facts per second of the user behavior when the potential customer interacts with the store. It then uses the data to match the behavioral ways of billions of other customers and makes an estimate of the chances of conversion.
The app also notifies you when it identifies the conversion opportunity which results in an increase in revenue. The predictive analysis helps every customer with the product they are looking for. You can also inquire them about the pricing with the help of a contact form on the website.
Artificial intelligence is also integrated into email marketing campaigns and for one such use, we have an AI-based app known as Seventh Sense. This app aids in enhancing the performance of your email marketing campaigns which can boost the engagement of your e-commerce business.
The app is important because the email inbox is cluttered with irrelevant emails but with artificial intelligence, you can deliver emails and provide analytics.
What does Seventh Sense do for you?
As a business owner, you must be aware of what is going on in the market. You must know what your competitors are doing, the prices they offer, etc. For this purpose, we have PriSync that helps you grow sales and revenue by allowing you to find your competitors’ insights such as their strategies, their profit, the pricing range, and more. The app works efficiently on all platforms. You can enhance your functions by using this app, how?
Hence, with the help of pricing data, indexes, and recent trends you may strive for your growth in the market using updated and needful insights.
NeoWize is a tool that helps you strategize better for your online store. With its data-driven and active functions, you can become the leading e-commerce business in the industry. The use of machine learning, neural networks, and artificial intelligence, helps seek modern and dynamic algorithms that help create better strategies.
It helps you access the behavior of shoppers and transform the data into productive and actionable insights. It is best suited for all e-commerce business sizes. Using this tool, you can also personalize your store and enhance business wisdom and intelligence.
Phrasee is an AI-based tool that boosts your e-commerce marketing agenda and optimizes business with email marketing campaigns. The tool optimizes the rates of email opens, click-throughs, and conversions using artificial intelligence. The tool allows you to reduce abandoned carts that affect the sales of online stores.
You can optimize your brand language and connect with customers’ journey that generates sales. You can optimize your brand persona, develop brand awareness, and create more engagement. This AI tool will help you decrease your bounce rate by sending your customers a customized email message at the serious point of their customer journey. By using Phrasee, you can access useful tools such as split test calculator, opportunity cost calculator, subject line analyzer, and more for on-time automation.
The Bottom Line
If used smartly, AI-based tools can help you significantly expand your business. However, the most important part is that you have to make sure that your e-commerce online store is hosted on scalable, fast, easy, and well-managed infrastructure. This specific property will help you focus better on the automation of your e-commerce business.
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