Skalata’s Post

The Shopping Cart is where winners are made! Yesterday was “National Shopping Cart Day.” The cart was invented in 1937 by Sylvan Goldman who owned grocery chains Humpty Dumpty and Piggly Wiggly (my favorite store name of all time.) Today, the shopping cart/bag is the tipping point for online businesses! Get this right and your revenue will go through the roof! The shopping cart is the moment of truth. This virtual “walk to the register” is where customers make the final decision on whether to buy or abandon. Here's why your shopping cart is a strategic goldmine: 💲 Boost Conversions: Make checkout a breeze (for ex, let the customer decide, with ease, if they want to login or checkout as guest) and watch those "abandon cart" rates plummet. 💲 Happy Customers, Repeat Customers: A smooth and informative shopping experience keeps customers coming back and increases lifetime value (LTV). ️ This is also where you should be marketing your loyalty/rewards program. 💲 Unlock Customer Insights: Learn what your customers really want by analyzing shopping cart behavior including abandonment. This intel fuels better products, site experience and marketing strategies! Don't let your shopping cart be a conversion killer! 💲 Streamline the Process: Is checkout easy and intuitive? Are your promo codes all working? Are you prompting to increase order value, for customer to get free shipping? 💲 Answer Every Question: Provide clear product descriptions, images, and return policies in the cart/bag. Don’t make the customer hunt all over your site for this information. 💲 Mobile First and Payment options: Make sure your cart is optimized for mobile and offer a variety of payment options. Don’t delay in analyzing and improving your shopping cart/bag customer experience. This is where the real winners in retail are made! Get it right and watch your add to bag (ATB)/cart, conversion and average order value (AOV) skyrocket! And check out the fun video and article in the comments. (adorable image generated by Copilot AI Microsoft)

Searching for a better shopping experience? 🔎   The retail landscape is evolving, and so are our expectations! A recent US study highlights how most shoppers are seeking a better search experience when browsing online.   As such, it’s clear that the demand for small-scale orders and lightning-fast delivery times is on the rise, pushing retailers to adapt and innovate as well as striking the perfect balance between convenience and efficiency.   Discover more about the evolving shifts in consumer behaviour: https://lnkd.in/dMqM-B2M   #RetailEvolution #ConsumerHabits #IncreasingDemand

Check out highlights from our recent State of Ecommerce Product Search and Discovery survey, as reported in Retail Customer Experience. The data shows shoppers want better search experiences – learn how #retailers can deliver: https://lnkd.in/eBzU9Upe #retailtech #ecommerce

🌐 Revolutionize the Online Shopping Experience with AI Step into the future of e-commerce with HumantisAI's latest innovation: the E-commerce Shopping Assistant! 🤖💡 🛒 Tailored Shopping at Your Fingertips In the vast sea of online retail, finding the right product can be overwhelming for customers. Our AI-driven Shopping Assistant is here to change that. It's like having a personal shopper in your pocket, intelligently guiding you through the vast array of products to find the perfect match for your needs. 🔍 Smart Assistance, Smarter Purchases Gone are the days of endless searching and confusion. Our Shopping Assistant simplifies decision-making, offering product recommendations, comparisons, and more, all tailored to each customer's unique preferences and shopping behavior. 👩💼 A Trusted Guide for Your Customers The journey from browsing to buying is a critical one. Our E-commerce Shopping Assistant makes that journey smooth and enjoyable, paving the way for a new era of customer satisfaction and engagement. 🚀 Get Ready to Elevate Your Online Store Embrace the AI revolution with HumantisAI and give your customers the personalized, effortless shopping experience they deserve. Discover the power of personalized assistance with HumantisAI – where innovation meets shopping. #EcommerceInnovation #AIShoppingAssistant #HumantisAI #OnlineRetail

Searching for a better shopping experience 🔎    The retail landscape is evolving, and so are our expectations! ICYMI, one US study highlighted how most shoppers are seeking a better search experience when browsing online.    As such, it’s clear that the demand for small-scale orders and lightning-fast delivery times is on the rise, pushing retailers to adapt and innovate as well as striking the perfect balance between convenience and efficiency.    Discover more about the evolving shifts in consumer behavior: https://lnkd.in/gTYc4RDj     #RetailEvolution #ConsumerHabits #IncreasingDemand #ICYMI

Great read! “Price and #quality should be equal players”. Three things this article calls out and where #alation aligns. 1. Voice of your customer: development of a #solution should be driven by the needs of the customer. Our founders were consumers of data as were many who support our internal teams from places like #Google, #NI, #PNC we were thoughtful and intentional when we built the catalog space and continue to be through our customer idea portal 2. Price smart with data: we’re a #data #driven company with over a decade of data to help show where we’ve been and where we should go. Not legacy but rather #informed and experienced 3. Brand Loyalty: with over 500 customers across multiple industries accomplished through organic growth and customer referral/loyalty with the only #datacatalog that provides true value insights and ROI data points based off catalog activity- further ensuring #success https://lnkd.in/daD3pM6S

What is so wrong with online shopping now? - PART 1 The current "seller-centric" paradigm of online shopping has several challenges and problems, which primarily revolve around the focus on the interests of the sellers rather than the customers. Some of the main issues include: 1. Lack of Personalization: In a seller-centric model, the shopping experience is often generic and not tailored to individual customer preferences. This can lead to frustration for customers who receive irrelevant product recommendations and promotions. 2. Limited Transparency: Sellers may prioritize profit margins and sales targets over transparency about product quality and pricing. Customers may not have access to comprehensive product information or honest reviews. 3. Overwhelming Choice: The abundance of options in a seller-centric approach can overwhelm consumers. They may struggle to make informed choices when presented with a wide range of similar products. 4. Pushy Marketing Tactics: Some sellers may employ aggressive marketing tactics, such as pop-up ads and constant promotional emails, which can create a negative shopping experience. 5. Lack of Accountability: In a seller-centric model, disputes and issues with orders may not be resolved promptly or fairly, leaving customers feeling unsupported. 6. Focused on Short-Term Gains: Sellers often prioritize quick sales and immediate profit, which may lead to poor customer service, lower product quality, and a lack of focus on long-term customer relationships. Follow us to learn more on #AI #artificialintelligence #neuralnetworks #ecommerce #aicommerce #buyerry

In the wake of the pandemic, the surge in online shopping has reshaped daily routines, driven by convenience and safety. Building a dashboard aims to unveil actionable insights into sales across countries, segments, categories, and subcategories, leveraging data to craft effective strategies amidst this digital shift. 📅Project Overview: The pandemic accelerated our digital shift, elevating e-shopping due to convenience and safety. Building a sales-focused dashboard aims to unveil insights across countries, segments, categories, and subcategories, empowering precise solutions amidst this transformative shift. 📊 Data Source: The dataset originated from Kaggle, ensuring its reliability for analysis. Excel was utilized to clean the data, resolving concerns like missing values and format inconsistencies, thereby improving the dataset's usability. 📈 Key Performance Indicators (KPIs): KPIs are crucial metrics used to evaluate the performance of a specific aspect of a business in Global Super Store Sales. Total Quantity ,Total Profit ,Total Sales, Average Shipping Cost, Average Discount 📄 Project Executive Summary: Around 30% of the global population participates in online shopping, with an expected surge of approximately 22% in global e-commerce sales compared to total retail sales in 2022. Yet, despite this growth, establishing a successful online business proves challenging, evidenced by an estimated 80% failure rate among entrepreneurs. I owe immense gratitude to my mentors Aswitha Banoth, Kulateja Maraka, and Anand Dasari , Balaji Krishnammagaru ,Chris Pickett, Mrudula Kanneganti for entrusting me with an incredible opportunity at axiphyl, and for their invaluable guidance in Qlik Sense reporting. I'm grateful for the unwavering support of our company, axiphyl.