Tag: Artificial Intelligence

 
AI

The Growth of Artificial Intelligence in E-commerce

Artificial Intelligence has started to change our lives. Since the introduction of AI, businesses have felt a significant impact of it in their operations. One industry, in particular, has seen a potential growth prospect thanks to AI.  This industry is one of the fastest emerging business, e-commerce. From customer to business interaction process to personalizing shopping experience, AI has already left its mark on e-commerce. How is AI transforming e-commerce and customer experience? IT consulting firms in Virginia are helping e-commerce businesses grow with the help of AI tech?

Building a Personalized Customer Experience

No doubt with a lot of people opting to choose online, providing personalized services to each one of the customers is not possible.  Many businesses turn towards a one-size-fits-all approach in dealing with customers online. But this can turn customers away from your website. It is estimated that by the year 2020, CX will become the leading reason customers making a switch from one company to another.

By far, AI has helped companies to increase their customer service by making it more prompt and personal. Now e-commerce businesses are capable of designing personalized shopping experience for each individual customer through AI. Through data gathering and machine learning, the companies find it easier to remember a customer’s choice, preferences, interests, and wants.

AI Transforms Customer Service

Customer service has become a standard parameter in assessing how well a business values its customers. Firms in no time can gain a bad reputation if they fail to provide adequate attention to their clients. A company must understand that customers of today are nothing like customers of the yesteryear. They will take no time in turning to your competitor if you fail to provide them with proper customer assistance.

Artificial intelligence is reshaping the landscape of customer service. No doubt a human interaction is required in customer service, there are many ways AI technology can help the industry fill the gaps in consumer servicing. Take a customer relationship manager for instance. Through CRM system, chatbots empowered by automated intelligence responses, resolve customers’ queries quickly.

Intelligent Data helping in making smart decisions

For the growth of any business, data analysis is very crucial. AI is empowering traditional e-commerce companies to analyze the data and figure out solutions to resolve even the most complex problem. Abandoned carts are the biggest problem faced by most e-commerce companies. With the help of AI, businesses are working towards tackling this issue. Through artificial learning, business entities are enabled to gather data and customer behavior. They now know exactly when a consumer is losing interest and how to entice him with the right message.

Online shopping and artificial intelligence

Needless to say, the AI technology is transforming our world positively. With so much competition in the e-commerce market, any business taking the use of AI technology has the edge. Through intelligent data and AI tech, many IT consultancy in Virginia is enabling e-commerce businesses to solve even the most complex problems.…