Empower Your Business With The Magic Of Machine Learning!
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Empower Your Business With The Magic Of Machine Learning!
Repeat sales are the key to a successful retail business.
This is why marketers personalize promotions to existing customers , using automated marketing technology , email marketing and remarketing ads , that is rules-based to target existing customers and induce repeat visits.
But the low return on investment (ROI) from these campaigns suggests that most marketing activities are missing something;
And what they miss is that according to marketing principles, you create segments of customers with common habits, common products they have seen or clicked on, common products they have bought, common ages or other and to them the marketing manager sends the next campaign.
The problem with automated marketing is that it is based on rules created by the marketing manager and uses only a small fraction of the data available to the business.
These technologies and rules are based on the past.
It is impossible for the marketing manager to guess what each individual customer wants to buy in the future.
Artificial Intelligence , Prediction Engineering and mobiplus shopping recommender analyzes all shopping data of your customers , in your eshop , in your store , in your Loyalty and can predict in the future what each of your customers want to buy and recommend customized offers , products , and purchases to each one individually.
And all this in real time, the moment the customer is in your shop or in your store.
The strategy works because it is based on the future and not on past situations.
Thousands of businesses worldwide use Recommendation Engineering to be able to predict what customers will buy , each one individually.
When you go to Netflix night it predicts which movies you want to watch and suggests them , when you go to Facebook it predicts which friends you see most and puts them in your feed , when you go to Tik Tok it predicts which videos you want to watch and shows them , when you go to Amazon it predicts which products you want to buy and shows them , when you go to you tube it predicts which videos you want to watch and shows them.
So they leverage existing customers and have high profitability from repeat purchases because they have no acquisition costs.
This is an impressive experience with your business and it can bring the customer back.
This process is automatic , it takes into account thousands or millions of purchase data that you have in your eshop or business and creates the Recommendation Engine of the business that is in the cloud.
Therein are recorded the thousands of trips of your customers through the footprints they have left from the purchases.
From these trips the Recommendation Engine can guess in the future in real time and for each individual customer what they want to buy.
That’s why it’s called Prediction Engineering.
And he presents it in your eshop and on his mobile phone.
This cannot be done by a marketer and it takes huge computing power to do these calculations in real time.
Computing power that is currently cheap.
To learn how the top companies in the world increase revenue up to 30% from existing customers using Recommendation Systems and Personalization read the book below.
https://mobiplus.co/e-books/e-book-proevlepse-ti-tha-agorasoun-oi-pelates/
Artificial Intelligence , Recommendation Engineering and mobiplus shopping recommender technologies can process huge data sets and identify sample shopping patterns that human analysts or marketers cannot, giving your eshop a strategic advantage.
The revolutionary feature of Artificial Intelligence technology with Recommendation Engineering and mobiplus shopping recommender is that no longer do marketers or humans make rules about what to see and what to recommend to your customers.
The rules are now set by the purchase data you have in your business.
This data has programmed the Recommendation Engine which now decides what product the offer will recommend to the customer.
And every time the customer buys, doesn’t buy, clicks to see or not the recommendation engine learns better about him.
And he uses this knowledge for other customers who have similar habits.
And then it evolves.
It’s a machine!
See how it works with some examples here.
So your shop and business has a significant competitive advantage, always has satisfied customers and improved revenues.
And repeat customers also tend to spend more on repeat purchases.
Retail customers spend 140% more with businesses they are satisfied with.
Using algorithms and recommendations , your shop is able to provide shopping suggestions that the customer wants significantly increasing conversion to purchase.
Artificial Intelligence systems strive to simultaneously maximize markets, sales and customer satisfaction.
The repeat customer no longer depends solely on the product or price.
A significantly satisfying experience is now essential.
Customer experience (CX) is the new competitive battle zone and Recommendation Engineering is the new competitive battle zone. with mobiplus shopping recommender is your powerful weapon.
Every time they enter your shop and store they won’t be looking for what they want to buy.
Your business will guess what it wants in seconds and propose it.
This will make the customer’s life better by helping them reach their destination.
Because when we buy things we want to go to a new state.
According to Gartner, business use of artificial intelligence has grown 270% in the last 4 years.
But Prediction Engineering with mobiplus shopping recommender can help you even more to have repeat customers!
It can help you to guess , produce or buy the new products that your customers would like to buy.
Product Development Prediction.
Using your customers’ purchase data you can find with considerable accuracy a new product with the specific attributes of how many people would buy it!
So you will have with considerable accuracy the amount of products with the specific characteristics you should have in your warehouses!
You’ll be able to find micro segments you never imagined.
This technology is now used by Netflix and produces the shows you watch.
So he’s gone from being a Project Distributor to being a producer.
Because he knows exactly that, for example, an adventure film, with this particular actor, shot in this region, with this plot, how many people would watch it!
So you create products that your customers want to buy in the future and return to you again!
Using mobiplus shopping recommendation platform you will be able to guess what each customer wants to buy individually and automatically.
You present the recommended products in your shop , on the front page in the cart and elsewhere.
Also on his mobile phone.
Your shop connects to mobile shopping recommender in a simple way via API , from 100 euros per month.
mobiplus member Elevate Greece
Confirmation of leadership.
Test out the Recommendation Engine for up to 20.000 euros in revenue from recommendations. No credit card required. Just enter your company information and we’ll contact you with all the details.
