What are the Benefits of Integrating AI into Magento

Improved product recommendations: Boosting sales through smart suggestion

According to a report by Barilliance, personalized product recommendations can go up to 31% of e-commerce site revenues.

Customer behavior analysis:  Understanding shopper’s journey

According to a report by Barilliance, personalized product recommendations can go up to 31% of e-commerce site revenues.

Inventory management:  Predictive restocking and warehouse

Overstocking can create a lot of wasted resources while understocking can result in loss of customers and sales. A report from IHL Group showed that stockouts driven by inventory mismanagement,

Unique pricing:  Changes in prices by analyzing the market demand and competitor

Pricing always plays an important role in a customer’s purchase decision. With the help of AI, Magento can adjust prices in ongoing based on demand, inventory, and competitor pricing/offers.