How many of you will shop and let stuff sit in your online cart before making a final decision? I know I do. Now there is a program that will tell companies about the likelihood of whether you will keep or return. It is over 80% accurate, actually.
The AI considers a lot of criteria before deciding on a potential rate. With this knowledge, retailers can make informed decisions.
For window shoppers, this could mean the website you are hunting through can make decisions on just how they should apply a discount to your order. Do you have 5 of the same style of shirt from different brands? Discount denied!
Are you an online retail business owner? What does this new technology mean for you?