What You Get with SmartChoiceAI
SmartChoiceAI
We empower forward-thinking companies who subscribe to SmartChoiceAI to harness the power of math and cutting-edge technologies to predict what their customers will do next and then be empowered to take data-driven actions.
With your subscription, you’ll have access to an original platform with a diverse tech stack that we’ve built from the ground up. We incorporate technologies like Java, MySQL, Mahout, and many others, coupled with many machine learning algorithms like time series, clustering, and pattern matching, to develop comprehensive predictions for your business that you can use to help propel its growth.
Integrations
SmartChoiceAI currently integrates with Shopify, WooCommerce, and BigCommerce, using an API to pull data in a streamlined process. More integrations are coming that connect to your favorite ERP, POS, and WMS platforms. You can also upload your CSV data if your platform isn’t yet on the integration list.
Data Acquisition and Processing
SmartChoiceAI gathers your structured, first-party data:
- Product information: product ID, name, description, and price
- Customer information: name, email, phone, and other detailed information – demographic, geographic, psychographic, and behavioral data that you may have of your customers
- Order information: customer number, order number, item number, order date, unit price, quantity ordered, and item name
We pull the data and run it through our prediction engine regularly, typically at midnight in your time zone.
Taking Action with Your First-Party Data Via Intuitive Dashboards:
Once we process your data, you’ll receive:
- Profitability scoring: We help predict the potential profitability of each of your customers that goes beyond traditional loyalty programs using three-dimensional calculations analyzing recency, frequency, and the amount each customer spends
- Micro-segmentation: We help predict what your customers will purchase based on specific identifiable categories based on geographic, demographic, psychographic, and behavioral characteristics
- Hyper-personalization: We help predict what your customers will buy, similar to “Amazon or Netflix-like” recommendations
- Stock forecasting: We help predict how much you’ll need to stock for a particular product for any given day, week, or month
- Product price estimation: We help predict the optimal pricing for your products that generate the most profit (coming in 2024)
We combine all this information on an intuitive dashboard that you can access via a weblink or within your platform. It’ll give you a comprehensive overview of what your customers are doing and the ability to execute data-driven, omnichannel campaigns via Twillio-Sendgrid.
*Your data may not be as clean as you think and may require additional cleansing services to give you accurate predictions.
**Data security is paramount. We comply with industry-standard regulations to safeguard your most valuable asset – your first-party data.
***We built this on our own. Our SmartChoiceAI engine isn’t a wraparound or layer on someone else’s technology.