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AI Solutions for eCommerce Businesses

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Smarter AI Tools for Next Level Transformation of Your eCommerce Business

Are you an eCommerce stakeholder and be looking for ways to increase conversions with reduced cost and time? Artificial Intelligence is the latest technology that is revolutionizing various domains with its savvy capabilities and tools. AI in eCommerce is helping to pave the way for eCommerce websites through the implementation of Chatbots, smart product recommendations, intelligent searches, warehouse automation, cyber-security, post sale support, automated inventory management and predictions, sales forecasting, supply chain automation and many more.

Artificial Intelligence in eCommerce

AI for eCommerce Solutions

Adapt AI solutions to cater all your eCommerce business needs

Artificial Intelligence for Ecommerce

What We Do

Customer Segmentation
Customer Segmentation/Cohort Analysis
Customer Churn Prediction
Customer Churn Prediction/Customer Retention
Personalized Product Recommendations
Personalized Product Recommendations
Intelligent Demand Forecasting
Intelligent Demand Forecasting
Intelligent Pricing
Intelligent Pricing
Competitor Price Monitoring Platform
PriceEye – Competitor Price Monitoring platform
Predict Customer Lifetime Value
Predict Customer Lifetime Value
Automated Content Generation
Automated Content Generation
Product Image Analytics
Product Image Analytics
Customer Segmentation

Customer Segmentation/Cohort Analysis

Our AI/Machine Learning-enabled Cohort analysis answers critical questions such as - Wouldn’t you like to categorize customers into different groups/cohorts for personalized marketing and outreach campaigns? How about segmenting customers based on Loyalty or Product Type so you can customize your offers?

    Our customer segmentation solutions help you:

  • Identify market opportunities
  • Personalize marketing and outreach campaigns
  • Improve customer satisfaction

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Customer Retention

Customer Churn Prediction/Customer Retention

It is six times more expensive to acquire new customers than to retain existing ones. Wouldn’t you like to know which customers are showing signs of breaking up with you or prescribe preventive actions to improve customer satisfaction and retention?

    Our customer retention solutions help you:

  • Predict which customers are likely to churn
  • Prescribe corrective/preventive actions to improve customer satisfaction and retention
  • Develop focused customer retention programs

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Magento Migration from 1 to 2

Personalized Product Recommendations

Our Deep Learning-enabled Personalized Recommenders answer critical questions such as - Wouldn’t you like to recommend products to your customers based on their past behavior, other similar customers, demographics or a combination of multiple attributes? How about highly relevant up-selling and cross-selling recommendations, which could delight your customers?

    Our Personalized Product recommendations help you:

  • Increase cash flow and sales
  • Realize improved ROMI (Return on Marketing Investment)
  • Increase customer engagement and conversion

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Intelligent Demand Forecasting

Intelligent Demand Forecasting

Our AI/Machine Learning-enabled demand forecasting answers critical questions such as – how should you plan for demand? How should you consider the factors that impact demand (local events, holidays, school opening/closing, and games)? How do you maintain the delicate balance between over-stock and out of stock?

    Our Intelligent demand forecasting solutions help you:

  • Improve basket size and sales
  • Improve customer satisfaction
  • Optimize ordering
  • Reduce out-of-stock
  • Reduce inventory costs | increase inventory turnover

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Intelligent Pricing

Intelligent Pricing

Our AI/Machine Learning-enabled pricing helps you answer critical questions such as - Why markdown prices? If the price-elasticity so warrants, why not increase prices? How can you make changes at speed? Can you conduct “price experiments” and get a quick read on the results? What customer attributes are significant that drive price acceptance? What are frequently occurring shopping carts and who are the "main cart holders"? How do you minimize discounting? What is the competitor pricing and, how can we adapt while still avoiding a “race to the bottom?”

    Our AI/ML enabled pricing platform helps you to:

  • Price for profits (instead of pricing for sales)
  • Improve velocity
  • Adapt quickly to situations
  • Become competition-aware

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PriceEye

PriceEye – Competitor Price Monitoring platform

Our AI/Machine Learning-enabled competitor price monitoring platform, PriceEye, uses at least a dozen attributes to identify similar or substitutable items and retrieves their pricing and in-stock status multiple times in a day. This enables you to see what customers consider when buying your product and how you compare on price and in-stock status with alternatives available in the market. The platform also provides you with trends like – “40% of your items are priced 12% than last week” or “even though your prices are higher compared to 3 competitors, you are better positioned on in-stock items – "so go ahead and maintain higher prices!”

    Our Competitor Price Monitoring solutions help you:

  • Get real-time competition insight
  • Analyze/slide & dice historical competitor pricing
  • Optimize pricing strategies
  • Improve supplier negotiations

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Predict Customer Lifetime Value

Predict Customer Lifetime Value

Customer Lifetime Value is a monetary value that represents the amount of revenue a customer will provide the business over the lifetime of the relationship. Wouldn’t you like to know ahead of time that customer A will bring in 20k in revenue over the next five years, as opposed to customer B, who will only generate $300?

    Our CLV predictor will help you:

  • Increase cash flow and sales
  • Realize improved ROMI (Return on Marketing Investment)
  • Improve customer satisfaction, retention & loyalty

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Content Generation

Automated Content Generation

Our AI/Machine Learning-enabled NLG (Natural Language Generation) content generator will offload the burden of creating content for your marketing campaigns. How would you like personalized email content or social media posts generated automatically for your target audience?

    Our Automated Content Generator will help you:

  • Improve customer satisfaction
  • Reduce costs | Automate manual tasks

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Product Image Analytics

Product Image Analytics

Our computer vision enabled Image analytics help answer critical questions such as – Would’nt you like to enable your customer to search by images instead of text?. How about recommending similar products given the image of a sample product?

    Our Product Image Analytics will help you:

  • Improve customer satisfaction
  • Reduce costs | Automate manual tasks

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Our Success Stories

Client satisfaction is what we strive for and it reflects through the projects we have delivered.
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Insights
Frequently Asked Questions

Here are the answers to the questions we get asked most frequently about AI for eCommerce

Artificial Intelligence is a versatile solution that fits well in all business environments and provides its smarter services. AI is filling in the gaps in the eCommerce system and contributing towards larger profitability. Be it cloud-based micro services, customer service and experience, inventory management, supply chain management, trends prediction or any other business requirement, AI fits well in all.
AI uses various algorithms to analyze customer behavior, buying patterns and emotions. Based on this data, AI provides product recommendations with personalized content and shipping experiences to customers. This further helps in better sales and an improved customer experience.
Customer churn refers to the number of customers who stopped shopping with your eCommerce business. Artificial intelligence analyzes these customers and identifies the reasons behind it and then uses this knowledge to recognize the customers who might churn in near future. The customer churn prediction with AI lets businesses know their weaker areas and prepare for an effective plan to stop this churn.
AI has the capability to work and analyze all types of data including figures, text and unstructured data formats. Volumes of sales data, inventory figures, logistics, statistics, emails and all other forms of data are handled efficiently by AI. In fact, AI uses all this data to perform analysis and bring out smarter business solutions.
Our development team will need a couple of weeks or months depending upon your business complexity to design and program your AI-powered eCommerce solution. After the implementation of the Artificial Intelligence solution in your eCommerce business, the AI will share the information with you to find the important patterns in your business, which will help you work on weaker areas and grow smarter.
Get in Touch

Request a free consultation and get a no obligation quote for your project within 8 business hours

Our Partners
CMMI Level 3
Microsoft Gold Certified Partner
ISO 9001 : 2015 Certified
ISO/IEC 27001:2013 Certified
Amazon Web Services | Partner Network
Microsoft Cloud Solution Provider
Magento Solutions Partner
Apple Developer
Microsoft Gold Enterprise Resource Planning
GDPR Ready
Microsoft Partner Silver Enterprise Resource Planning