Today, within the business world there is a lot of conversation going on about Ecommerce Customer Experience initiatives. Aside from this, with the initiation of customer experience in the online world, the concept looks like it is akin to the concept that says, the customer is always right. However, there is at least one caveat to this new concept and that is to add artificial intelligence along with it.
By adding artificial intelligence, the main goal is to not only please the customer but to anticipate what the customer is really looking for in products and services. In order to achieve these goals and objectives, in many of the top companies today, the focus will be on collecting data, storing data and analyzing it so that it can be used in a more productive manner.
With that being said, since this type of initiative will also require quite a few bucks behind it to get the ball rolling, many people are already asking what are the actual benefits that connect it to earning more money. To answer this questions, here are 3 of the key benefits that have been noted thus far.
1 Reduces the Cost of New Customer Acquisition
Today, businesses have large budgets that they allocate to marketing and sales alone. A big part of the marketing in any business organization is to create promotions for attracting new customers. Even though new customers can bring in a substantial amount of money, the new initiatives will also focus more on retaining customers instead. By anticipating what the current customers need and want, they can keep loyal customers coming back over and over again for many years to come.
2 Reduce Revenue Lost
Another big part of this initiative is to concentrate on reducing revenue lost. With artificial intelligence involved in the feedback that comes from the customer, the products and services offered will not only fit the immediate needs but future needs too. This is normally done by tracking the customer buying habits, preferences and a host of other things that will help make decisions real time based on what the customer has already made purchases for.
#3 – Help Better Manage and Ecommerce Customer Experience
With AI in place, the team can better manage their operations. From hiring the best people to manage customer service operations to put the best practices in place for the entire organization, the data that comes from AI can be used for a wide range of different decision-making opportunities.
In today’s era of choices for dining, what does it take to lure you into trying something new? For Sweetgreen, the answer to that question came simply: by providing healthy food at a great cost in a fast-food environment. Sweetgreen is the high-end restaurant on the block that serves all natural, locally sourced ingredients in their tasty salads.
The company was founded by Nathaniel Ru and two friends after they brainstormed the idea during their time at Georgetown University. Now, years later, Sweetgreen has locations peppering all over the Northeastern portion of the United States. What has been their secret to success? Well, it comes down to the culture that co-founder Nathaniel Ru has pushed so hard to instill. Read more: Nathaniel Ru Blazes a Trail in The Height Food Industry | Affiliate Dork and Nathaniel Ru | Crunchbase
Nathaniel Ru is as unassuming as you are going to get for a CEO. Ru is young, well-spoken, and utterly focused on the core concept of Sweetgreen. Ru says, “We’re creating a brand that stands for something.” Ru and his friends didn’t simply spin a wheel and land on ‘salad fast-food’, they carefully cultivated what they wanted to do until they were ready to bring it out into the world. Learn more about Michael Lacey: http://fortune.com/2016/02/18/sweetgreen-entrepreneurs/
Sweetgreen was dreamed up after Nathaniel Ru and his friends realized that there were no healthy dining options available for students on the go while at school. They were obviously tired of being stuck with greasy fast food and wanted something much better. With no options like that on the market, the company decided to create it themselves.
Larger chains could probably look to what Nathaniel Ru and his team are doing in order to learn a little bit about catering to modern customers. Ru and Sweetgreen rely extensively on technology to help promulgate sales, totaling nearly 30% of their total sales via app or internet portal. Ru goes on to say, “Technology has always been a part of our DNA.”
As a young entrepreneur, Ru knows that he can’t really predict the future or change the past. When probed as to if he would do anything different, were he able to start over, Ru shrugs and says, “I’d tell myself to read more books, even more than you think you have time for.”
Ru goes on to explain that he’d also advocate for assembling a rounded team earlier on in the process, claiming “We’ve learned it’s important to build a team around you sooner than you feel comfortable doing so.”
Jason Hope is a digital entrepreneur who is highly interested in anti-aging research. One of the main ways he has supported this research is through financially helping the SENS Foundation. The SENS Foundation is a nonprofit that was first established in 2009 and concentrates its efforts on age-related diseases and what they call rejuvenation biotechnology.
— Jason Hope (@JasonHope) October 24, 2016
Most researchers in the healthcare industry are focused on curing diseases. The SENS Foundation, by contrast, researches how to prevent them from occurring to begin with. This includes diseases such as diabetes, cancer, and Alzheimer’s. Many diseases are related to age, and as people get older they are more susceptible to becoming diseased which is something that the SENS Foundation wants to prevent so that people lead longer lives free of disease.
In 2010 Jason Hope announced that he was pledging a $500,000 donation to the SENS Foundation. When making this announcement he said that he had developed a lot of interest in this nonprofit organization and its mission. He said that the head of the SENS Foundation, Dr. Aubrey de Grey, had caught his attention a number of years before and he believed their approach to disease was inspiring and the only route that makes sense. He added that he was honored to play a role in research that could end human disease and expand people’s lives.
Jason Hope lives in Scottsdale, Arizona. He made his name and fortune in the technology industry and released apps in the early days of the smartphone industry. He is now involved in the Internet of Things where every type of device will be interconnected through the internet. He invests in companies that he sees have potential to disrupt entire markets through innovative devices and other technology.
Philanthropy is very important to Jason Hope. Beyond the SENS Foundation he has also supported many other nonprofits over the years. Among the ones that he finds most important to support are those related to children and education. Charities he has supported include the Tony Hawk Foundation, Boys & Girls Club of Metropolitan Phoenix, the Andre Agassi Foundation, the Worldwide Orphans Foundation, Teach for America Phoenix, and many others.
Another way that Jason Hope helps others succeed is through a grant program he developed. He has stated that there are young people with great ideas but no resourced to develop them. He has said that even $500 is sometimes enough to get these ideas of the ground which he is happy to provide.
Jason Hope Info: www.linkedin.com/in/jasonrhope
The family is significant. They are the people who always have our back during hard times. There is no time that family can abandon us. Families have gone bankrupt in an effort of saving their loved ones from going behind bars. The relatives say that although sometimes the persons need the correctional facilities services, they are unable to let them go because they are afraid of them being hurt.
Securus Technologies has been able to solve this issue. This is by ensuring that the detention facilities are safe. This is through the provision of devices that help in monitoring the activities that happen in the inmate’s services.
Convicts who have been in jail for long says that there used to be massive killings. Some detainees committed crimes with other criminals who got away with the crimes. These people who are outside may not trust the ability of the convicts to keep a secret. With the fear of them confessing, they decide to kill the convicts and eliminate the evidence. This is made possible by the corrupted officers.
Then there is the bullying that takes place in the facilities. This is because some inmates are aggressive.
All this has come to an end because the corrupted officers have been eliminated. Any inmate who is caught distracting the peace of others is disciplined as well
The relatives of the inmates are happy for this development because they are assured of the safety of the inmates. The convicts are also grateful. They explain that the correctional services have restored the meaning of detentions.
The devices of Securus Technologies have also been able to help the investigation department. They say that the reliability of the gadgets in that hackers can’t crack them has helped in solving many issues. Many complicated cases have been brought to rest. Everyone is happy and safe with Securus Technologies.
According to the Rutgers Magazine, the New Jersey real estate sector is looking up after years of facing a recession. The sector has the highest rate of home foreclosures and is extremely delinquent compared to the rest of the country. However, the real estate sector is currently improving. This improvement is attributed to increased job creation, increased formation of family units, and an increase in demand for housing units as compared to supply. Residents in the state are, therefore, hoping the supply crisis will soon be a thing of the past. Towns located around the NJ Transit station have seen an increase in housing demand because of proximity to transportation services. Residents are calling on real estate development companies to cater to the increased demand for affordable housing since rent rates have been increasing over the years.
About Boraie Development LLC
Real estate development companies have listened to forces in the New Jersey market and are working on increasing the number of available housing units in the state. One such company is Boraie Development LLC which has its headquarters in New Jersey. According to the company’s website, the firm has been in operation for the last 30 years, and it deals in real estate development, sales and marketing, real estate management. The firm funds its real estate development projects primarily from private sources, either from commercial banks or from its own capital. Consequently, clients can depend on the firm to deliver high quality residential projects in time. Boraie Development has a track record to match given that so far no one has complained of the company not delivering a project as it said it would. Visit the website at boraie.com.
Commitment to Deliver
Omar Boraie is the president of Boraie Development LLC. He has watched New Brunswick change over the last four decades and has committed to contribute to the growing economy by meeting its real estate needs. He says that when the company started out, people thought he was crazy. Back then, it was unsafe to walk on the streets of the city after 4pm. He together with others, however, believed in the potential of the city. Given that companies like Johnson and Johnson did not leave, he bought old, dilapidated buildings and started developing the. After years of committing to change the city’s real estate sector, he has managed to bring the feel of New York to New Jersey. Boraie Development recently completed its latest project in New Brunswick, The Aspire. The project is on Somerset Street and is made up of deluxe luxury high-rise residential units. It is created for millennials and professionals looking to enjoy the culture of downtown New Brunswick while enjoying the best the real estate sector has to offer.