Navigating you to the Right Technology at the Right Time

June 2019

Impact of ML in the Ecommerce industry

Impact of ML in the Ecommerce industryA lot has changed in the ecommerce industry over the past decade. Technology has been one of the most crucial drivers for these changes. With AI and machine learning becoming ever more integrated into our daily lives, ecommerce is not far from being influenced by machine learning. As ecommerce continues to grow by 20% every year, technology will keep playing an important role in how customers interact with online stores. Further, mobiles will be responsible for around 70% of the total ecommerce traffic. Artificial Intelligence and machine learning will enable handling of over 80% of the customer interactions. Here’s how machine learning will impact ecommerce in the near and distant future: Customer shopping experiences: Machine learning allows ecommerce businesses to...

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How is Drop-Shipping used in Ecommerce?

How is Drop-Shipping used in EcommerceThe only difference between drop shipping and the standard retail model is that the merchant that is selling does not own the inventory or stock it. Instead, suitable wholesalers are sought for the fulfilment of orders. Many times the merchant never sees or handles the product! The main advantage of such a model is that it is possible to launch an ecommerce store without too much initial investment. Traditionally, ecommerce stores’ biggest challenge was to stock up inventory before launch. With drop-shipping, you do not have to buy the product unless you have already made a sale. Getting started It’s easier to begin when you do not have to worry about the basics of the quantity of products in stock,the...

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