An online marketplace is a good idea to make your business successful and profitable. With this growing technology, the number of customers who make purchases online is increasing every year. Due to this, the eCommerce industry is ready to expand…
ContinueAdded by Nikunj Shingala on February 25, 2021 at 10:13pm — No Comments
eCommerce has remained the buzzword of the recent time with users buying products and services online through their desktop, laptops, tablets or smartphones. It offers them the flexibility and ease of shopping from their favorite brands anytime, anywhere! However, the advancements in mobile app development are encouraging a surge in mobile commerce and taking the eCommerce to a different level.
The landscape in retail sector today relies on the proximity of making products available for…
Added by Ryan Williamson on October 3, 2019 at 10:14pm — No Comments
A.I. based automated Anomaly detection system is gaining popularity nowadays due to the increase in data generated from various devices and the increase in ever evolving sophisticated threats from hackers etc. Anomaly detection systems can be applied across various business scenarios like monitoring financial transactions of a fintech company, highlighting fraudulent activities in a network, e-commerce price glitches among millions of products, and so on. Anomaly detection system can work…
ContinueAdded by Avinash Udaykumar on May 27, 2019 at 2:30am — No Comments
Cost driver: One of the key drivers of cost for ecommerce businesses is the last mile delivery charges. Consumers have the option to switch between e-retailers depending on their willingness to pay delivery charges, which is generally significantly low. This notion puts the power into the hands of the customer. Delivery charges, when added just before payment, makes the customer rethink and is one of the reasons for…
ContinueAdded by Avinash Udaykumar on April 9, 2019 at 3:00am — No Comments
Thanks to evolving technology, retail marketers nowadays have access to wide range of data and analytics tools, which is making everyone’s life easier. It gives businesses a chance to solve problems and provide excellent customer experience.
The ability of machines to process data and perform tasks in a way that mimics human intelligence such as voice and visual recognition or decision making is opening many doors for online retailers, and brand owners look for ways to…
ContinueAdded by Karolina Sposob on March 11, 2019 at 12:30am — No Comments
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