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Ai in e commerce

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Guru Technolabs
Guru Technolabs

Do you know the business benefits of AI in the eCommerce as well as the retail Industry? In this article, we share some essential information about how you can increase your e-commerce & retail business sales with the help of AI.

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Guru Technolabs | www.gurutechnolabs.com Artificial Intelligence in eCommerce
What is Artificial Intelligence? Guru Technolabs | www.gurutechnolabs.com
Advantages of Artificial Intelligence in eCommerce 1. Stronger Search Algorithm Guru Technolabs | www.gurutechnolabs.com ● If you constantly search for shoes and sneakers, then again if you go to the search bar and type just s-n, then AI present in your eCommerce will predict that you are looking for sneakers. ● So, this is how the user will quickly find whatever he/she is searching for and the user experience will also be improved.
Guru Technolabs | www.gurutechnolabs.com 2. Product Recommendation ● Artificial Intelligence in eCommerce also benefits to get product recommendations. ● A stronger Artificial Intelligence will establish a stronger product recommendation algorithm. ● Artificial Intelligence will automatically detect the relevant products of the product you just bought. ● So, don’t get surprised if you have recently purchased a smartphone and you are getting phone covers in your recommended products’ list.
Guru Technolabs | www.gurutechnolabs.com 3. Better Inventory Management ● Inventory management is a monotonous task when it has to be done manually. But, artificial intelligence is designed to do the most tedious tasks. ● Artificial Intelligence in eCommerce will do everything for you while you are making plans to expand your eCommerce store reach. ● So, you just have to plan the strategy while AI is taking care of your eCommerce store.
Guru Technolabs | www.gurutechnolabs.com 4. Better Sales ● With the help of Artificial intelligence in eCommerce, sales strategy also developed, and the sellers can now plan tactics that work. ● AI lets you target the audience, based on audience gender, location, interests, etc. So, you don’t need to spend advertising money on an irrelevant audience. ● If you are selling women’s products, then your advertising budget won’t be used in showing the ad to man users and exhaust your advertising budget improperly.
Guru Technolabs | www.gurutechnolabs.com 5. Better Communication with Customers ● “Communication is the key!” The key to more sales is communication. Communication with customers. You need to engage with customers to know about their needs and thoughts. ● Artificial Intelligence and Natural Language Processing have bettered understanding customers in a better way. ● If a customer leaves a message inquiring about the shipping time, then the chatbot should be capable to answer that question accurately and give the customer a great experience.
Guru Technolabs | www.gurutechnolabs.com 6. Better After Sales Service ● If a customer has any questions on the delivered items or wants to return it or wants any type of after-sales service from you, then again, Artificial Intelligence can handle it very well. ● This is how Artificial Intelligence can implement a better after-sales service and provide a better experience to the customers and make them review your business better.
Guru Technolabs | www.gurutechnolabs.com Artificial Intelligence in Retail Stores ● Amazon Go Store ● Walmart
Guru Technolabs | www.gurutechnolabs.com Conclusion ● According to a study conducted in August 2018 by Capgemini, AI could save $340 billion annually by the year 2022. ● They also consider that 80% of retail would be from allowing AI in their retail. ● So, to conclude this, we can say that by enabling AI in retail or eCommerce, we can get great output and increase the business revenue manifolds. ● And according to an article on Forbes, 53% of marketers are willing to adopt AI in their business in the next couple of years.
Guru Technolabs | www.gurutechnolabs.com sales@gurutechnolabs.com +1-347-467-1234 WE ARE ALSO AVAILABLE ON

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Ai in e commerce

  • 1. Guru Technolabs | www.gurutechnolabs.com Artificial Intelligence in eCommerce
  • 2. What is Artificial Intelligence? Guru Technolabs | www.gurutechnolabs.com
  • 3. Advantages of Artificial Intelligence in eCommerce 1. Stronger Search Algorithm Guru Technolabs | www.gurutechnolabs.com ● If you constantly search for shoes and sneakers, then again if you go to the search bar and type just s-n, then AI present in your eCommerce will predict that you are looking for sneakers. ● So, this is how the user will quickly find whatever he/she is searching for and the user experience will also be improved.
  • 4. Guru Technolabs | www.gurutechnolabs.com 2. Product Recommendation ● Artificial Intelligence in eCommerce also benefits to get product recommendations. ● A stronger Artificial Intelligence will establish a stronger product recommendation algorithm. ● Artificial Intelligence will automatically detect the relevant products of the product you just bought. ● So, don’t get surprised if you have recently purchased a smartphone and you are getting phone covers in your recommended products’ list.
  • 5. Guru Technolabs | www.gurutechnolabs.com 3. Better Inventory Management ● Inventory management is a monotonous task when it has to be done manually. But, artificial intelligence is designed to do the most tedious tasks. ● Artificial Intelligence in eCommerce will do everything for you while you are making plans to expand your eCommerce store reach. ● So, you just have to plan the strategy while AI is taking care of your eCommerce store.
  • 6. Guru Technolabs | www.gurutechnolabs.com 4. Better Sales ● With the help of Artificial intelligence in eCommerce, sales strategy also developed, and the sellers can now plan tactics that work. ● AI lets you target the audience, based on audience gender, location, interests, etc. So, you don’t need to spend advertising money on an irrelevant audience. ● If you are selling women’s products, then your advertising budget won’t be used in showing the ad to man users and exhaust your advertising budget improperly.
  • 7. Guru Technolabs | www.gurutechnolabs.com 5. Better Communication with Customers ● “Communication is the key!” The key to more sales is communication. Communication with customers. You need to engage with customers to know about their needs and thoughts. ● Artificial Intelligence and Natural Language Processing have bettered understanding customers in a better way. ● If a customer leaves a message inquiring about the shipping time, then the chatbot should be capable to answer that question accurately and give the customer a great experience.
  • 8. Guru Technolabs | www.gurutechnolabs.com 6. Better After Sales Service ● If a customer has any questions on the delivered items or wants to return it or wants any type of after-sales service from you, then again, Artificial Intelligence can handle it very well. ● This is how Artificial Intelligence can implement a better after-sales service and provide a better experience to the customers and make them review your business better.
  • 9. Guru Technolabs | www.gurutechnolabs.com Artificial Intelligence in Retail Stores ● Amazon Go Store ● Walmart
  • 10. Guru Technolabs | www.gurutechnolabs.com Conclusion ● According to a study conducted in August 2018 by Capgemini, AI could save $340 billion annually by the year 2022. ● They also consider that 80% of retail would be from allowing AI in their retail. ● So, to conclude this, we can say that by enabling AI in retail or eCommerce, we can get great output and increase the business revenue manifolds. ● And according to an article on Forbes, 53% of marketers are willing to adopt AI in their business in the next couple of years.
  • 11. Guru Technolabs | www.gurutechnolabs.com sales@gurutechnolabs.com +1-347-467-1234 WE ARE ALSO AVAILABLE ON