Xtract.io Blog
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Navigate the dynamic Data Science industry with intelligent insights, the latest product innovations, and expert management tips here in Xtract.io's blog. Xtract.io is an enterprise data management solutions platform from Mobius delivering meaningful data from various complex data sources to drive tangible business outcomes.
Xtract.io Blog
2M ago
Have you ever been influenced by customer reviews when purchasing online? You’re not alone – approximately 95% of shoppers count on reviews before buying from an online store. If you’re a brand or retailer, it’s vital to understand how reviews are the key to unlocking higher visibility and conversion rates on digital shelves. In this post, we will delve into the impact of customer reviews and how leveraging them can skyrocket your brand to the top of search engine results.
The significance of customer reviews
In the fast-paced and competitive digital world, customer reviews hold im ..read more
Xtract.io Blog
2M ago
Weather analysis has come a long way from relying solely on meteorological data. In today’s advanced technological landscape, integrating point of interest (POI) data has become a game-changer for weather analysts. By combining traditional weather data with information about specific locations, analysts can unlock new dimensions in forecasting, emergency response, agriculture, urban planning, and the energy sector.
This blog will show how integrating POI data in weather analysis can be advantageous. Let’s explore five compelling ways analysts can leverage these location-based insights.
U ..read more
Xtract.io Blog
2M ago
Digital shelf analytics has become imperative for brands and retailers striving to stay ahead of the curve. Digital shelf analytics providers constantly evolve, compelled by technological progress, shifting consumer habits, and industry benchmarks. As we look ahead to 2024, it becomes clear that several key trends will significantly shape the landscape of digital shelf analytics. This post will dive into the latest trends and examine how they could potentially impact ecommerce businesses.
1. The use of AI and ML Source: Atomcamp
Source: Atomcamp
Integrating Machine Learning (ML) and Artificial ..read more
Xtract.io Blog
3M ago
In the bustling world of social media, where billions of voices converge, a treasure trove of information lies waiting to be discovered. As per Statista projections, the year 2027 is anticipated to witness an astonishing 4.41 billion social media users. Imagine a bustling marketplace, each stall representing a different social media platform and the diverse array of conversations akin to a symphony of voices. Amidst this cacophony, businesses, researchers, and decision-makers strive to decipher the underlying trends and sentiments that can shape their strategies.As this digital symphony grows ..read more
Xtract.io Blog
3M ago
Every pixel on the digital shelf is a potential storefront, and product placements strategically impact your business’s bottom line. A whopping 81% of consumers conduct thorough research before making a purchase. This involves meticulous scrutiny of digital shelves, comparing products, and navigating options.
Digital shelf analytics is the key that empowers brands not just to meet but anticipate customer expectations. More than just a platform, it’s a digital compass offering insights that redefine product placements and assortments. To improve product placement, we will explore the role ..read more
Xtract.io Blog
3M ago
Have you ever wondered how navigation apps predict the fastest route in heavy traffic or how your favorite location-based game immerses you in a virtual world seamlessly blending with reality? GIS (geographic information systems), once bound by static representations, is now evolving into a dynamic force driving innovation.
The traditional concept of maps and coordinates is undergoing a metamorphosis. GIS is no longer confined to static illustrations of geographic data; it’s becoming a dynamic, real-time location intelligence powerhouse. This blog delves into five transformative trends t ..read more
Xtract.io Blog
3M ago
Picture this: Sarah, an avid online shopper, eagerly anticipates the arrival of her long-awaited purchase. However, upon unboxing her item, she’s dismayed that it doesn’t quite match the description or appearance she saw on the website. Disappointment sets in, leading Sarah to initiate a return process, adding to the statistics of product returns that plague the retail industry.
Product returns are a significant concern for retailers worldwide. The rise of ecommerce has brought convenience to consumers’ fingertips but has also led to a surge in return rates. According to the National Retail Fe ..read more
Xtract.io Blog
4M ago
The advent of AI has ushered in an era where machine learning models, predictive analytics, and automation have become integral to the fabric of organizations across diverse sectors. AI applications catalyze unprecedented advancements in almost every industry in this digital era. They hold the potential to unravel complex patterns, predict future trends, and streamline operations with an efficiency previously unseen. Yet, amid the promise and potential of AI, the foundation upon which these intelligent systems stand is the very data they consume, analyze, and learn from. As organizations harne ..read more
Xtract.io Blog
4M ago
Digital shelf optimization is crucial to maximizing your products’ visibility and performance on online platforms. However, many ecommerce leaders make common mistakes that hinder their digital shelf growth. In this blog, we will learn about the mistakes to avoid, which can enhance your use of digital shelf analytics and drive better results for your ecommerce business.
1. Misaligned objectives
One of the biggest mistakes ecommerce leaders make is unclear objectives for their digital shelf optimization efforts. Without a well-defined strategy, you risk wasting time and resources on activities ..read more
Xtract.io Blog
4M ago
Did you know that 73% of organizations consider data integration a top priority for their business strategy? In the fast-paced landscape of today’s digital world, where information flows from myriad sources, the ability to seamlessly integrate diverse data sets has become a game-changer. Data integration isn’t just a technical process; it’s a strategic imperative with transformative potential.
In a recent survey, 82% of businesses acknowledged that it significantly enhances operational efficiency. The statistic isn’t surprising when you consider that data integration goes beyond the mere ..read more