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The massive flow of data in e-commerce is one of the most talked about things about Ecommerce Development Services in Saudi Arabia and Big data. The Big data in e-commerce simplifies and essentially eliminates the struggles faced by online retailers.
- Creating Custom Stores: Suggestions that are displayed based on purchasing behavior and buying trends over a period of time are what enhance the buying experience. You may not necessarily buy a person who is looking for a particular product. However, the customer will definitely be subject to suggestions and more often than not, purchases will be made from recommendations or suggestions submitted by the site. These suggestions are provided with the help of Big Data and lead to increased sales conversions.
- Price optimization: When an online retailer is pricing its product, it must be based on how it is priced for competitors. Given the prices of competitors, the cost of goods, logistics, etc., a decision is made on the price Magento Ecommerce Consulting Services in Saudi Arabia. Competitive prices across different competitors, the cost of goods, logistics, variable pricing, and many more are a lot of data to be sure before determining the final price. Compiling this data and reaching a fixed price is what helps Big data.
- Precise demand: The problem of dealing with surplus stock is a huge problem. Having an inventory on your unsold shelf is a huge responsibility and takes the space that new products need to occupy. The solution is to predict the request made using Big Data Analytics based on historical data. Order anticipation is the most important component of an online retailer.
- Predicting trends: Presenting products that are trending at this particular time is what people want to see. Predicting trends based on social media signals, Magento Development Services in Saudi Arabia rating tags, etc. will tell you about products that create a buzz in the market. The solution for this trend prediction is using large data algorithms.
- Generate More Sales: Giving up the cart is the biggest fear on online retailers. Big data can help online retailers create a customer-specific experience that can reduce vehicle abandonment. This in turn will increase sales.
Services We Offer:
- Magento Web Development
- Magento Mobile
- Magento E-Commerce
- Magento Responsive Design
- Magento Integration
- Magento Pricing
- Magento Support
- Magento Performance
- Migration to Magento
- E-Commerce development Services
- E-commerce Consulting