The pandemic we are living with covid-19 will cost the global economy over $5 trillion and will bring major changes in the way businesses do business!

A major change will be that consumers will be more digital than before and many consumers who were not close to digital communication are now.

There will be more businesses providing their products and services digitally.

Businesses will face greater competition in their physical and online stores from the Greek and international market.

There are 7000 eshops in Greece and 24 million internationally now and they will grow significantly.

There will be low prices, the consumer before entering the physical or online store will search better for the products he wants to buy.

Today he does a 60% google search, using the mobile phone 70% of the time and loses his focus in 8 seconds.

He has an average time of 5 minutes in your eshop, which means he doesn’t have enough time to find what he wants, with an overwhelming number of options that negatively affect the sale.

Consumer habits will shift further in different directions through political, economic, social and environmental swings.

Profitability levels will be low, and it will take a lot of advertising and branding to bring in the customer when they are ready to buy, when they are already your customer!

There are today plenty of communication channels like google, facebook, intsagram, snupchut, platforms like efood, wolt, television, radio, magazines etc. and they will increase in the future.

You advertise products, prices, offers, the brand, trying to catch the consumer at the moment they want to buy and bring them in…

Your advertisement is executed by partners based on some data they have from eshop, google analytics or what they sold by selecting products based on unfair data having placed in the past some products in better positions in the site.

They do not know exactly what products each consumer wants at any given time.

You order products not knowing exactly what consumers want now and sometimes you are left with stock or sometimes you run out!

Don’t you think something is broken in the extra process?

Don’t you think you’re living in an old age?

Don’t you think you’d have to get clients otherwise?

Otherwise sell them?

You are absolutely right, you are living in an old age because thousands of e-commerce businesses in the world do not wait for the customer to find them and buy from them!

They predict with considerable accuracy what customers want to buy and when and notify them, bringing them back to their physical or online store.

Amazon has been doing it since 1997.

Amazon predicts which product you will buy next and recommends it, increasing its revenue by 30%!

Netflix predicts which series you want to watch now and recommends it, increasing its revenue by 30%

Target predicts which products you’ll buy next and recommends them, increasing its revenue by 25%!

See here  …https://www.retaildive.com/ex/mobilecommercedaily/target-ramps-up-in-store-personalization-on-mobile

Telenor predicts which subscriber will leave them and with special packages brings them back, thus reducing by 36% their wear and tear.

https://www.telenor.com/innovation/artificial-intelligence/

They achieve this by using Artificial Intelligence with Shopping Recommendation system

Your business can now have the same functionality as the mobiplus shopping recommendation platform….

To find out how the top companies in the world increase revenue up to 30% from existing customers read the following book.

https://mobiplus.co/e-books/e-book-proevlepse-ti-tha-agorasoun-oi-pelates/

Read our book and learn why instore personalization and shopping data is the name of the game. 

How to create a personalised e-shop. Household Equipment  with Artificial Intelligence and increase revenue by 30%?

Get 750 extra products in your basket in 10 days!

mobiplus  member  Elevate Greece
Confirmed Innovation.

Contact us now to see how the mobiplus shopping recommendation platform can increase your revenue by 30%!