In our previous blogs, we have explained the evolution of the recommendation engine and what it is. However, there is another essential factor that every store owner must know: the benefits of a recommendation engine. Before anyone decides to integrate a recommendation engine with their platform, they should know what lies ahead of them …
White paper on Recommendation System Have you ever wondered how some websites know what you might want before you even think about it? For example, you wish to buy a book and visit an e-commerce website. Once you log in, you are greeted with a list of books from genres that you were going to …
Today, viewers have complete freedom to watch the latest movies and listen to their favorite music on preferred devices – Smartphones, Computers, Tablets, or Connected TVs, every time and everywhere. But back in 2005, when the premium movies & TV content were made available online for the first time, no one ever imagined that …
Be it hectic work-life schedules, preferred past time activity or for any celebration, online food ordering apps are now the ”Go-to” for almost every individual. They don’t have to make the same conventional choice of meals from regular restaurants. Rather, they can order from a wide range of food varieties that are delivered at …
Apart from buying what they want, customers shop products that are recommended by friends and close ones to a great extent. As there is a trust factor involved, their choices are influenced by what people around them buy. Relatable? Clearly buying behavior is influenced by recommendations. And your online business is not an exception …
It is vital to understand that to grow an online business, one needs to adapt to the ever-changing innovations and technology pertaining to the same industry. A recommendation engine is one such advancement that has been in the industry for nearly two decades. However, enterprises realized the recommendation engine’s true potential back in 2012 …
The banking sector has always been one of the most crucial and integral parts of our lives. Managing finance is probably the biggest challenge for many, so we often needed advice. The digitization has been a boon for the banking sector as it has automated a lot of mundane manual tasks. Bank accounts, insurance, mutual …
The need to cope with ongoing trends in the market has led people to watch and buy products that their friends might like. Alie has taken this into account and built an algorithm named ‘other user’s choice.’ This algorithm analyzes the behavior of users, their likes and dislikes, and the products that they buy. …
Did you know that the e-learning industry crossed over 250 billion USD in 2020? According to the data from Global Market Insights, the e-learning market saw a considerable profit during the pandemic and will continue to grow. Two of the significant factors that helped in their growth are the Covid-19 pandemic and recommendation system. …
Though this may be a common practice, what actually works behind the scenes to serve such recommendations online is a book recommendation engine. Be it any product or service, before making any purchase, customers generally tend to ask friends for their recommendations. And when it comes to buying books online, it’s an obvious thing …