I m actually working on computer science ^^
AiHello uses Machine Learning to analyze existing inventory,past product sales and competitor information to help sellers optimize their inventory for better sales by geography.
Online ecommerce is $2 trillion dollars industry and growing in double digits but it is incredibly fragmented - There are 12 million ecommerce sites globally including Amazon, Ebay, FlipKart, Independent Shopify & Woocommerce sites etc. An online retailer faces multiple challenges and decisions starting up and most of the decisions made are either by guessing or gut feeling. The retailer also spends huge amount of money trying to market his products online & price his product correctly.
Inventory overhead costs are roughly 25% of the product while marketing especially for new sellers far exceeds the cost of the product.
Online e-commerce, in spite of being a trillion dollar industry, is just 6% of global retail industry and these problems will be magnified with the passage of time as ecommerce catches up with retail.
Our technology addresses these problems by 1) Inventory management AiHello manages your inventory across channels. The system can be used to list a product on any one channel or a combination of channels. A retailer selling on one channel can push his products to other channels in a click.
2) Optimizing inventory: AiHello uses deep learning to optimize your inventory by geography. Using its pre-existing knowledge of similar products combined with current inventory & sales , AiHello can optimize the price of a product depending on the channel and location of selling. The system will also suggest the best channel and the geo-location to target your product for maximum success
There is efficiency in learning when humans are not involved. The whole process is extremely cheap and the system learns and becomes smarter as time progresses.
We help to keep the startup business costs low, streamlined and extremely efficient.
Our pitch deck is at : https://1drv.ms/p/s!Am-DHg55IDBMgQfKvewouOFju_ms
You can reach us at https://www.aihello.com
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I’m a Technical Collaborator at the Innovation Lab Network at my University, the Technical University of Queretaro (UTEQ). Here I work with a group of students and teachers to create solutions for real world problems by joining hardware and software technologies. We use databases like Mongo, Maria and SQL. I believe that the junction between Information technologies and hardware will create amazing solutions for the industry and my community, with the use of IoT.
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