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Leveraging the Power of Conversational AI in Ecommerce
How can the use of conversational AI help grow your ecommerce business? We spoke with Bharat Gupta, an expert in the field with years of experience fine-tuning and implementing chatbots, to learn about the impact this valuable tech is having on the ecommerce industry, as well as what the future holds as conversational AI continues […]
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Diversify Your Ecommerce Sales Channels: Why Is It Important?
Customers today are inundated with advertisements for different products. It is widely estimated that a person in the US sees between 5,000 and 10,000 ads each day. With the cost of paid ads skyrocketing, companies need to look beyond to improve brand awareness and acquire customers. One of the best ways is to diversify your […]
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What is Demand Forecasting
Demand forecasting is estimating the future demand for a particular product or service. This is an integral part of business planning because it helps you determine the level at which you can produce your product or service. It also allows you to predict how many customers will want to buy your products and services in […]
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What is Demand Forecasting
Demand forecasting is a method of predicting future demand for a product or service. It estimates future customer demand and determines how much to produce when to produce it, and what price to charge. The overall objective of demand forecasting is to develop a set of values that describe the expected behavior of customers over […]
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What is an E-commerce Product Catalog?
An e-commerce product catalog is marketing collateral used to list essential product details that help buyers make a purchase decision. Important details include descriptions, product features, price, dimensions, availability, color, weight, customer reviews, etc. If you look at the Amazon marketplace, you will realize that you can get a lot of information just in a […]
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E-commerce Product Catalog Management: Definition
In e-commerce, catalog management is a process where you ensure that the product database is structured, organized, and kept up to date across each and every online sales channel. It is a vital part of building a successful online brand as it helps the customers to find what they’re looking for and make an informed […]