According to a survey Google shared at #NRF2024, 81% of retail decision makers feel “urgency” to adopt generative AI. If you're one of the 81% you should definitely give Talkoot a look. We've already helped many of the world's top brands increase conversions, sales and 4x their efficiency. Link to the article in the comments. #ecommerce #dtc #amazonsellers
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Sales Manager @ Bloomreach | Elevating E-Commerce Growth with Rich Data & Smart AI | Crafting Limitless Customer Journeys
🚨 Friday the 13th 😇 Bloomreach Blog about AI and Personalization: "Using Loomi AI To Avoid Ecommerce’s Biggest Problems. Creating a seamless ecommerce experience is a must to engage consumers who are doing more and more online. However, for all the benefits that ecommerce can bring your business, it’s not without its challenges, including low-margin orders, abandoned carts, and frequent product returns. These are common issues that can eat into profits and hinder growth if left unchecked. https://lnkd.in/enpJq_4c #eCommerce #OnlineShopping #BusinessGrowth
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Principal & Chief Experience Officer @Transformidy | LinkedIn™️ Top Voice | Business Growth Strategist | Futurist | Speaker | Author
🔎AI-powered search is revolutionizing the retail landscape, driving revenue growth and enhancing customer experiences like never before. By leveraging advanced algorithms, retailers can provide personalized search results that meet customer needs swiftly and accurately. This not only boosts conversion rates—customers who use search are 2.6 times more likely to make a purchase—but also fosters loyalty through improved satisfaction. However, the key challenge lies in effectively integrating AI across departments to maximize its potential. Retailers like Amazon have demonstrated success by developing their own AI search algorithms, resulting in increased user engagement and reduced operational costs. As businesses embrace AI in search, they stand to gain a competitive edge, transforming how customers interact with their brands. The future of retail is here, and it’s powered by intelligent search. 🚀 Find out more in this insight: https://lnkd.in/g3ZVhkXJ #CustomerExperience #Search #Technology #Retail #ArtificialIntelligence Transformidy
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With the growing conversation around AI shopping bots, many retailers are eager to integrate them into their e-commerce strategies. But how do you get the most out of these tools? It all comes down to the data you feed into them. With complete, accurate product and customer data, AI can recommend personalized items, create surprise-and-delight moments, and assist shoppers in finding exactly what they need. Combine this with human expertise, and you’ll have a winning formula. But before relying on AI, make sure your data and guidance are solid for the best results. #AI #KI #Data #ecommerce #shoppingbots #retail
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Big eCommerce's Secret Weapon: Micro AI Models! In the fast-paced world of eCommerce, micro AI models are the unsung heroes driving efficiency and personalization. 🌟 From recommending products to optimizing inventory, these models offer: - Real-time insights for better decision-making. - Personalized shopping experiences that boost engagement. - Enhanced operational efficiency with smart automation. Small in size, but mighty in impact! 💥 Dive into how micro AI is revolutionizing the eCommerce landscape and powering the future of online shopping. 🚀 #eCommerce #AI #Dashboard #TechTrends #Personalization #Rantir #nocode
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🛒 Between navigating the search bar, product catalog, and family opinions, online shopping can be a challenge for consumers. iAdvize Copilot™ simplifies this process, and provides 24/7 assistance to your site visitors throughout their buying journey. Connected only to your brand data, this AI assistant can expertly answer product questions and give tailored recommendations and suggestions. 🚀 Increase conversions 10x with personalized shopping help for all your customers: https://hubs.la/Q02GWW-t0 #generativeAI #AI #ecommerce
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Did you know that artificial intelligence is revolutionizing the independent grocery industry? Here’s how… Independent grocery stores are often deeply embedded in their communities. They generate valuable data that, with the help of AI, can be put to good use. Historically, the high cost of AI technology limited its use to big-name companies. Now, with costs decreasing, smaller stores can also leverage AI. These indie brands can now develop insights from their data, enabling them to provide more engaging and relevant content to their customers. This helps them compete with larger companies for customer attention. Many of these grocers are using AI for personalized recommendations. This mobile technology assesses customer purchases and offers deals on those products when they go on sale. With inflation being a significant concern for shoppers, this AI technology allows brands to show they care. When shoppers receive a personalized and relevant digital coupon right in the store, it feels like the store knows them and their needs. It’s small but SMART details like this that make a big difference and help independent brands thrive! Read more via Forbes: https://bit.ly/3xzQVHY. #retailtech #retailtechnology #retailtrends #consumer #consumerbehavior #consumerinsights
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🚨 Exciting news! Our market leading AI for Retail and eCommerce is expanding with the addition of conversational shopping. We're thrilled to welcome Radiance Commerce on board as we double down on our AI functionality. Coming soon! 🎉 #AI #Retail #eCommerce #ConversationalShopping
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Accenture Senior Managing Director and US Retail and Travel Industry Consulting Lead | Helping Transform Retail and Travel clients for Growth | Developing and Inspiring Talent
In a world of retail choices, 74% of consumers report feeling overwhelmed, often leading to cart abandonment. The need for a tailored and personalized shopping experience is more critical than ever, and Gen AI is revolutionizing this space. With 51% of consumers open to using Gen AI advisors, now is the time for retailers to embrace this technology. #RetailInnovation #CustomerExperience #GenAI
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Hyper-personalization is the new game-changer in eCommerce, and Diginyze is leading the charge! Imagine a world where every online shopping experience is crafted uniquely for your customers. That's not the future; it's now. Check out how we're revolutionizing eCommerce with AI: https://lnkd.in/d6RccYVM #eCommerce #AI #HyperPersonalization #FutureOfRetail #RetailTech #DigitalTransformation #CustomerExperience #OnlineShopping #TechTrends #TechInnovation #AIinRetail #PersonalizedShopping #FutureTech #AIInsights #DigitalCommerce #OmnichannelExperience #EcommerceBlog #AIAnalytics #RetailInnovation #TechTrends #Personalization
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Here's an opportunity to explore some great insights about what customers expect while shopping or discovering products online. The more I've worked in the digital search space, the more I find myself being frustrated by search experiences because it is not easy to get right. These insights reflect even my own experiences.
Is your ecommerce search delivering what shoppers want? Our latest survey, featured in the State of Ecommerce Search and Product Discovery 2024, reveals eye-opening truths: 42% of shoppers rate ecommerce search as "average" or worse, and a staggering 68% say it's time for an upgrade. With rising customer expectations, retailers have an opportunity—and a responsibility—to evolve. Explore how personalization, AI, and more innovative product discovery can transform your customer experience in this must-read report. Read the report here: https://bit.ly/3XKn3Da. #StateofEcommerce #ProductSearch #ProductDiscovery #Ecommerce
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CEO at Talkoot, AI Powered Product Storytelling for ecommerce
9mohttps://www.modernretail.co/technology/generative-ai-dominates-the-nrf-conversation/