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Is Predictive Analytics Revealing Unexplored eCommerce Niches?

Smart Data Collective

Predictive analytics is one of the biggest disruptive technologies shaping the eCommerce industry. IQLECT published an article on this last year titled The Importance of Predictive Analytics for E-commerce Stores. However, one of the biggest applications is with using predictive analytics to choose the best niches.

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Software vendors offer AI sales boost for retail at NRF show

CIO

One, conducted by Salesforce, found fewer than 3% of commerce organizations have no AI plans, while 29% have already fully implemented it into their workflows. SAP will also progressively extend its existing Predictive Replenishment tool to store level.

Retail 591
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Salesforce earmarks $250 million for AI startup investment

CIO

Salesforce said that it already uses AI technology for sales, service, marketing and commerce applications, which allows users to quickly analyze behavior and improve customer experiences in those areas. These can include learned toxicity, the possibility of widespread misuse (e.g.

Startups 662
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eCommerce Brands Use Data Analytics for Conversion Rate Optimization

Smart Data Collective

E-commerce businesses around the world are focusing more heavily on data analytics. One report found that global e-commerce brands spent over $16.7 billion on analytics last year. There are many ways that data analytics can help e-commerce companies succeed. Some of the most important is conversion rates.

Commerce 184
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The Importance of Leveraging Analytics in Ecommerce Website Design

Smart Data Collective

Virtually every industry has found some ways to utilize analytics technology, but some are relying on it more than others. The e-commerce sector is among those that has relied most heavily on analytics technology. Many e-commerce sites are discovering more innovative ways to apply data analytics.

Commerce 273
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AI marketing: How to leverage the innovative tech for e-commerce

bazaarvoice

Especially when it comes to AI marketing. AI has substantial benefits and applications in marketing in fact — so it’s time e-commerce companies got on board to leverage this transformative technology. Learn the top advantages and uses of AI for marketing that you can activate right now. of the time for marketing.

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Will Machine Learning Save The Struggling Airline Industry?

Smart Data Collective

In June, Aviation Today published a great article on the state of machine learning and AI in the airline industry. The article showed that machine learning and AI are helping the industry become more lucrative in the 21 st Century. Machine Learning is the Key to Saving the Ailing Airline Industry. Pricing/Ancillary.

Airline 163