How AI-Augmented Catalogue Services Can Benefit Your e-Commerce Business?

Think with Google, 2019 survey states that 51% of customers use Google to do research before making an online purchase. 

What could be their shopping habits? What product do they purchase the most? Which is their favorite shopping destination? These are the questions answered by AI. Artificial Intelligence has an amazing cognitive ability to remember customer habits, their needs, their favorite products, their budget, their shopping frequencies, etc. AI output accuracy is high, so you can decide on a perfect price for your products. Through AI-powered product catalog management, users can optimize pricing strategy based on a variety of factors, such as the product’s best discount and promotional prices, how a product’s pricing affects other products, competitor product prices, and more. Choosing the right Catalogue Service provider is essential for the AI-powered eCommerce management services that help in price optimization.

Around 73% of retail firms make incorrect predictions despite their massive investment.

It, therefore, means as an online product seller, you need to choose the right technology to make correct inventory management predictions. OUT OF STOCK are the three words that disappoint customers and reduce benefits, but online businesses avoid stocking products and later face lower profit margins. You can create a balance between the two by opting for AI product catalog management. By choosing AI-powered Catalogue Service from experts, you make the right inventory management predictions & ensure product availability according to its demand. Offshore eCommerce management services from a certified company so that you get AI-powered product management and anticipate future demands of a product.

AI and machine-learning are more important to marketing and sales than any other function in businesses today (40%) – A Research By Forbes. 

AI helps marketing teams conduct targeted promotions. AI algorithms help you collect and parse the most accurate customer data, like their preferences, shopping habits, search history, etc. With AI-powered product catalog management, you can analyze your ad spend, targeting, and outcomes, and then determine what activities will result in better outcomes over time. On a huge number of complicated initiatives, these actionable insights are supplied and used at scale. When it comes to marketing campaigns, AI’s capacity to learn and develop without human intervention gives brands a huge edge. Forward-thinking businesses are embracing AI-powered catalogue service. Choosing eCommerce management services, they are optimizing their marketing campaigns and dramatically increasing customer engagement.

Make searching of your product catalog easier, especially new releases with AI product catalog management. With the use of artificial intelligence (AI), computers can interpret text and spoken language in the same way humans can and we call it natural language automation. Integration of voice search feature with your eCommerce websites helps the users to search products faster in their languages which improves your sales. Catalogue Service providers can integrate voice search feature with your eCommerce platform. With AI-powered eCommerce management services, they categorize products using both keywords and natural voice commands.

60% of Indians, according to a survey conducted in May 2019, have a high degree of faith in digital assistants for online purchasing.

AI-driven shopping assistants are redefining the eCommerce industry. They mimic humans and allow customers to ask questions and receive a satisfactory response. Companies use these digital assistants to reach their customers on any channel to increase product visibility and brand awareness. Catalogue Service providers can deploy virtual shopping assistants to help your customers shop for the best products. They provide the best eCommerce management services. AI product catalog management is all about automating the entire shopping experience of your customers and improving your way of doing online retail business.

In an eCommerce site, each product has a number of tags that identify its qualities, features, and the category to which it belongs. In addition to color, type, and size, these tags provide information about the product’s brand and usage. These tags are meant to provide information about the goods to visitors and shoppers. Tags have a significant impact on customers’ purchasing decisions. Customers can explore your complete catalog with ease and quickly locate goods that fit their needs; thanks to automatic product tagging, which improves product discoverability as well as click-through rates on search engine results. With AI-driven eCommerce catalog management, you can automate product tagging easily. Catalogue Service providers can help you by delivering AI-powered eCommerce cataloging services.

According to 51% of organizations, upgrading outdated content has proven to be the most effective technique, states SEMrush in its 2019 report.

Without SEO-friendly, unique content, you can improve the visibility of your products in the online world. Create unique SEO-optimized product descriptions for all products with AI-driven eCommerce catalog management. Choose AI Catalogue Service provider for world-class eCommerce cataloging services and identify content gaps in your existing eCommerce content, fix them, and measure performance analytics.

No one can deny the fact that visuals attract and hold the attention of customers on eCommerce platforms. Selecting and uploading the best product pictures are essential to highlight the product and boost its sales. By applying AI in the eCommerce catalog management with the help of a professional Catalogue Service provider, you can automate the selection of the product images and enrich your product catalog with relevant images. When you opt for AI eCommerce cataloging services, you get the benefit of showcasing the best images for your products in a short span of time.

Big Commerce found that 78% of online customers want product photos to bring items to life.

You need to exhibit your products like clothes and jewellery on models to bring them to life, but model photoshoots are expensive and require a lot of time. With AI-powered eCommerce catalog management tools, you can create high-quality on-model product photos at scale. Catalogue Service providers integrate an AI-powered product management tool to create realistic images of products on models. With professional eCommerce cataloging services, you can save photoshoot costs and a lot of time.

34% of online product sellers have delivered an item late because they accidentally sold a product that was out of stock.

Your company cannot afford to disappoint clients or turn them away due to a shortage of inventory if it wants to remain ahead in a digital world and compete against eCommerce giants. Today, AI-powered eCommerce catalog management tools collect historical data on the past purchases of the products and assist the sales staff in driving conclusions for easier decision-making. This way, you can anticipate how much of a given product you will sell by a certain date and manage your inventory according to the market demands. Get AI Catalogue Service from a certified company for accurate product data. With high-quality eCommerce cataloging services, you’ll be able to manage your inventory according to slumps and spikes in market demand.

50% of eCommerce players have automated their sales, marketing, and customer care departments.

The reason is time-saving and data collection accuracy. Product sales forecasting depends on its historical purchases. If you can anticipate the demand for a particular product in the market, it will become easier for you to stock inventories efficiently and reduce unwanted costs. Stocking products without knowing its demand is not a good idea. With an AI-driven eCommerce catalog management approach, you can collect data with high accuracy and make the right predictions. 

MediaPost surveyed and found that visual search is going to make a big impact in eCommerce.

Customers don’t want to waste their time in textual searches. They’d rather choose image search. Visual search is one of the most promising technologies. By adopting an AI-driven eCommerce catalog management approach, you can activate image search in your eCommerce platform and help your customer find exactly what they want instantly. This majorly shortens the user journey and checkout time. Today, only 8% of top online retail stores are using image search. By choosing the right AI eCommerce cataloging services, you can also include yourself in these 8% eCommerce stores.

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