Author: Dailyusastory

AI, or artificial intelligence, is taking the business world by storm. Simply put, AI is a technology that simulates human intelligence via computers and machines. It helps improve productivity, reduces workloads, and revolutionizes various business operations.Thanks to AI’s affordability and accessibility, it is particularly beneficial to small and medium businesses that don’t have access to large budgets or workforce. AI can help these businesses analyze market trends, improve customer service processes, support marketing campaigns, and more.From an efficiency standpoint, AI for small businesses helps automate repetitive tasks and scheduling, offering more time for business personnel to focus on essential tasks.Convinced AI is the logical next step for your ecommerce business? This post will highlight all the practical uses and applications of AI for business. Let’s jump right in!Practical Applications of AI in EcommerceDespite AI concerns, 65% of consumers trust businesses using…

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Every week we publish a list of new products from companies offering services to ecommerce and omnichannel merchants. This installment includes updates on AI-powered shopping assistants, crowdfunding, social commerce, big data, livestream shopping, subscriptions, app development, and cross-border payments. Got an ecommerce product release? Email releases@practicalecommerce.com. New Tools for Merchants: July 18, 2024 eBay launches cash advance services for sellers. eBay is launching Business Cash Advance, a financing product provided by Liberis, a global embedded finance platform. According to eBay, Business Cash Advance offers eligible U.S. eBay sellers up to $1 million in working capital in as little as 24…

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AI

Researchers at Delft University of Technology’s (TU Delft) are utilizing drone racing to test neural-network-based AI systems intended for future space missions. This innovative research was a collaboration between the European Space Agency’s (ESA) Advanced Concepts Team and the Micro Air Vehicle Laboratory (MAVLab) at TU Delft. The project aims to explore the use of trainable neural networks for autonomously managing complex spacecraft maneuvers, such as interplanetary transfers, surface landings, and dockings. In the challenging environment of space, maximizing the efficiency of onboard resources, including propellant, energy, computing power, and time, is crucial. Neural networks have the potential to optimize…

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Episode SummaryIn this episode of the 7 Figures and Beyond ecommerce podcast, Greg Shuey hosts Andrew and Victor from AdCrunch, discussing their high-volume ad copy and creative testing strategy for scaling brands on the Meta platform. They highlight the importance of knowing your Ideal Customer Profile (ICP) and leveraging a data-driven approach to optimize ad performance. They share insights into their framework called the Creative Search Protocol (CSP), emphasizing strategic and intentional high-volume testing. The conversation covers the nuances of different creative types, the significance of hook and hold rates, and the need for brands to adapt their strategies based…

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AI

Researchers have unveiled a new type of computer virus that harnesses the power of large language models (LLMs) to evade detection and propagate itself.  This “synthetic cancer,” as its creators dub it, portrays what could be a new era in malware. David Zollikofer from ETH Zurich and Benjamin Zimmerman from Ohio State University developed this proof-of-concept malware as part of their submission to the Swiss AI Safety Prize.  Their creation, detailed in a pre-print paper titled “Synthetic Cancer – Augmenting Worms with LLMs,” demonstrates the potential for AI to be exploited to create new, highly sophisticated cyber attacks.  Here’s a…

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Estimated read time: 2 minutes, 6 seconds Join us in Shanghai at ChinaJoy and discover how we can help you unlock the full potential of your video game sales! Find us in the B2B Hall W4 – Booth #B286. The 2024 edition of ChinaJoy, themed “Stay True, Game On,” is scheduled from July 26th to 29th at the Shanghai New International Expo Center (SNIEC). This year’s event will focus on deepening player experiences and supporting international growth for game companies.  “‘Stay True’ is to express the deep love and persistent pursuit of the game industry for more than 20 years,…

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Doing business in just one country and language almost certainly leaves money on the table. Yet operating internationally adds challenges and complexities. Here are 11 books — six just published — that help succeed across borders. Top Books for Cross-border Success American Idioms for Marketing: Engage and Persuade with Colorful Expressions Used in the USA by Liz Chroman and Richard Koret American Idioms for Marketing Filled with colorful illustrations, this book aims to help non-native English speakers remember common marketing-related idioms such as “bird’s-eye view,” “find your niche,” and “flying under the radar” in a fun way. The authors are…

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Magento stands out as one of the leading e-commerce platforms on the market. The solution is scalable and reliable, which makes it the top choice for many businesses. If you are going to sell your products or services with Magento, selecting one of the free Magento 2 themes is the best way to save your budget and speed up the time-to-market for your brand new online store. The themes are ready-made templates for different types of online stores operating on the Magento platform. Most of them have rich functionality and up-to-date layout designs. But what Magento free theme should you…

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Roughly 30% of Gen Zs and Millennials believe the economic situation in their countries will improve over the next year. That’s according to Deloitte’s “2024 Gen Z and Millennial Survey” (PDF), published in May. Deloitte surveyed 14,468 Gen Zs (teenagers to late 20s) and 8,373 Millennials (late 20s to mid-40s) across 44 countries to explore their attitudes about work and the world around them. While the data shows just over 30% believe their overall national economy will improve, many more believe their personal financial situation will get better. – – In addition, per the survey results, Gen Zs and Millennials…

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Mobile apps are one of the strongest weapons in a business’s arsenal. Mobile apps boost sales, facilitate the right kind of marketing, bolster brand building, and foster customer retention. But, unfortunately, not every business is big enough to dabble in mobile apps. Extensive coding, long development cycles, and exorbitant costs are a few of the pertinent elements of traditional mobile app development.  But, thanks to technological innovation, we have low-code development. It is a model-driven development approach that enables agility, speed, and scale while minimizing the conventional hurdles and challenges associated with mobile app development. Thus, enterprises can get past…

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