Product titles and descriptions can be enhanced by utilizing AI. A study revealed that eCommerce businesses use AI to optimize product titles and descriptions to boost their revenue and traffic.
Advertisers can maximize their ad spend by utilizing AI algorithms to modify bids for individual products based on their performance.
AI can be more helpful to determine customer behaviour, trends, and patterns. According to a study, AI-powered targeting can increase the effectiveness of advertising by up to 70%, resulting in improved conversion rates and lower costs per acquisition.
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Personalized emails help to boost eCommerce business CTR. Let AI analyze customer data for your personalized campaign that is catered to individual tastes and interests.
According to a study, adopting AI-powered dynamic pricing tactics, average order value increased by 4.4%, and conversion rate increased by 2.3%. Using AI dynamic algorithms to optimize product pricing can help increase eCommerce revenue.
Predictive analytics systems driven by AI can forecast sales and inventory requirements, assisting e-commerce companies in streamlining their supply chains and minimizing waste.
A study shows that more than 36% of companies utilizing chatbots stated lower customer service costs, while more than 80% of those using them reported higher customer satisfaction.