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Reinvention. In the world of business, it’s a word that inspires fear to many companies that don’t know how to deal with failure and prefer to go on with the same old practices, rather than change their strategies and overcome disaster. It’s maybe the word that defines giant companies like Wal-Mart, which is known as the world's largest company by revenue and the world’s biggest retail corporation. These kind of companies are known for their capacity to adapt to the constant cultural and technological transformations of our era: for example, in 2015 Walmart suffered its worst stock decline in more than 27 years , after a series of major strikes demanding higher wages ended up with a series of reformations that made their market shares to fell approximately -33% , wiping out nearly $20 billion in the company’s market value. In the following years, the situation took a drastic turn: by 2018, the company reported that its U.S. comparable sales rose 4.5% , its strongest US sales growt

How to lower your amazon seller fees     The digital era has opened up new opportunities for those that are willing to start a business. If you are searching for a spot in the online market, Amazon can become a great marketplace for your company. In order to sell on Amazon, there are two options: either we take care of the entire selling process, or we rely on “Fulfillment By Amazon” (FBA). With FBA we basically "rent" space at the warehouses of the American company, which from that moment is the sole responsible of processing your shipments. For many companies, this represents a great advantage, since the logistic management of an e-commerce business can become a real headache. However, despite the attractiveness of this system, paying FBA fees can cut into your bottom line.      To combat overcrowding in their fulfillment center, Amazon began instituting a penalty on a low Inventory Performance Index (IPI) for their third-party sellers, who provide just over half of their s

What is order fulfillment? If you are an Amazon seller- handling order fulfillment in-house, then you will agree that the steps to getting orders to your customers are never a walk in the park. Besides, if any of those steps faces a breakdown, then it can delay your orders from actually getting out the store and safely into your customers’ hands. Such a scenario would considerably hurt your brand. Outsourcing order fulfillment (automated) can be the game-changer for you, delivering considerable value for your brand and preventing hurdles from occurring. With automated and outsourced order fulfillment, each crucial step in the order fulfillment process is left to be taken care of by an expert 3PL (third-party logistics), thus saving you time and energy to focus on other vital aspects of the business. Generally, this is the overview of the essential steps involved in order fulfillment: Receiving inventory shipments Inventory storage Order processing Shipping Returns processing For most m

Demand forecasting 101 It is obvious that managing inventory stock for an e-Commerce business can represent a real headache, but nowadays, it is a very important part of any company. An inefficient use of warehousing space can cost a lot of money, and having too much inventory stock can also mean that products will end up becoming obsolete or damaged. But if you get your inventory stock levels right, you will save money and you will also increase trust in your brand. There is an interesting concept around the eCommerce market that plays with the idea of having a thoughtfully planned inventory, and it’s called demand forecasting. Demand forecasting is a process of anticipating the demand for the product and services of an organization in the future to optimize supply or execute decisions. This means that it is vital to plan ahead, which is certainly a very difficult task, but there are many ways to keep a healthy inventory using this concept. The following article will explore different

1. Click on Settings > Order Fulfillment Click on the settings menu at the bottom of the left navigation bar and then click on “Order Fulfillment” to bring up the order fulfillment settings. 2. Select the marketplace to fulfill Select the marketplace for which you want AiHello to fulfill your customer orders. Clicking on a marketplace will bring up the fulfillment settings box. Marketplaces that you have already enabled fulfillment for will have a blue checkmark in the corner. 3. Adjust your warehouse fulfillment settings Firstly, make sure that the “Enable Fulfillment by AiHello” button is turned on. Then you can enable or disable the warehouses available for the chosen marketplace as well as drag and drop the warehouses to sort them by priority. If one warehouse is unable to fulfill the order AiHello will default to the next enabled warehouse on the list. Click on the “Rules” button to set specific rules for each warehouse. 4. Set warehouse fulfillment rules We allow you to custom

1. Click on the setting tab on the sidebar and select “Connect Platform” 2. Select an Amazon platform you want to connect 3. Click “ Click here to get your Amazon ____ tokens ” to get your tokens, which will require you to sign into your account Ensure AiHello is the Developers name. Tick the checkbox and click Next This is your final screen for getting the Amazon MWS Keys 4.Make a note of the Seller ID and your MWS Authentication Token which you will be able to use connect Amazon with AiHello Click Save and you are done. It takes around 3-10 days for all the orders and products to sync. Our AI will start analyzing your orders after the sync is complete.

An accurate forecast of your sales and can help you to manage inventory more efficiently. However, it is hard to account for  the various factors that affect sales, to capture seasonal changes, and the pattern changes over time. Thanks to Artificial Intelligence, and more specifically deep learning, this task has been made much more accessible and we can now predict the sales efficiently using a neural network that analyses sequential data and temporal data. If that last sentence confused the hell out of you, well, fear not. This article is not going to be a highly technical plunge into the nitty-gritty of deep learning networks. (If that’s your thing however do check out this article which explains the problem from a more technical perspective). This article  will focus more on the what using a artificial neural network entails, and what it can mean for a business, how it can analyse multiple features to make an accurate prediction. We will be demonstrating this using a publicly avai

  1. Click on “Copy my listing from one marketplace to another” Click on the drop down menu on the top bar that says “I want to: Select your Goal” and select “Copy my listing from one marketplace to another”. Click “Next” on the introduction page. 2. Select the product you want to copy From the “Search for products” drop down menu select the product you want to copy to a new marketplace and click “Next”. 3. Select the marketplace you want to copy your product to Please note that you need to have the destination platform already connected on AiHello. For North America and Europe, connecting it once will work for all countries. 4. Verify or change the product information before publishing On this page you can edit the title, price (in the new currency if applicable), description, and quantity of the product for its new marketplace. 5. Finish! Click “Publish” and then “Finish” on the next page and within the hour your listing will be ready. Congratulations! You have successfully used AiHe

[et_pb_section fb_built="1" _builder_version="3.22.5"][et_pb_row _builder_version="3.22.5" border_color_bottom="rgba(0,0,0,0)"][et_pb_column type="3_4" _builder_version="3.22.5"][et_pb_text _builder_version="3.22.5"] Introduction My primary aim was to predict the sales of an item given the Best Seller Rank on Amazon. Predicting the sales helps me in other use cases like suggesting sellers the best products to sell. My final aim is to provide data insights about any product: How much it will sell as well as when, where and how. What is Amazon Best Seller Rank? Best Selling Rank is a ranking system provided by Amazon that is linked to the number of sales of that product. This rank is calculated frequently. An important point to note is that Best Selling Rank is a ‘ranking system’ and by itself it doesn’t mean anything. A rank of #1, therefore, means that product has sold more than any other product in that category, on

  The digital era has opened up new opportunities for those that are willing to start a business. If you are searching for a spot in the online market, Amazon can become a great marketplace for your company. In order to sell on Amazon, there are two options: either we take care of the entire selling process, or we rely on “Fulfillment By Amazon” (FBA). With FBA we "rent" a space in one of the logistics stores of the American company, which from that moment is the sole responsible of processing our shipments. For many companies, this represents a great advantage, since the logistic management of an e-commerce can become a real headache. However, despite the attractiveness of this system, paying FBA fees can cut into your bottom line. To combat overcrowding in their fulfillment center, Amazon began instituting a penalty on a low Inventory Performance Index (IPI) for their third-party sellers, who provide just over half of their sales. Initiated on July 1, 2018, these penalties

Start by going to the API Generation page on Shopify: https://help.shopify.com/en/api/getting-started/api-credentials#generate-private-api-credentials 2. In the private API section, click on the Apps link on step 4 and Sign in to your Shopify account 3. Click on Manage private apps on the bottom center of the page 4. Click on Create a new private app on the top right of the page 5. Add the name and email details of the App: AiHello is the name and info@aihello.com is the email 6. Click Save and Accept Shopify’s API Terms 7. Select the Admin API Permissions . Below are all the permissions we need and the service we use them for: In order to fulfill orders through AiHello (via 3PLs and FBA) we need Read and Write access to: All fulfillment orders Fulfillment services Assigned fulfillment orders Orders, transactions and fulfillments Inventory In order to list AiHello as a secondary inventory location we need Read access to : Locations In order to provide sa

Elevate is looking to feature Canada’s most promising AI startups on stage at this year’s festival through our ElevateR Pitch. ElevateR Pitch is a March Madness-style pitch competition where Canada’s best AI startup companies compete for the attention of international media, investors and global tech leaders. Finalists from across Canada will face-off with  over $1,000,000 CAD  in funding up for grabs for select finalists. On Tuesday, September 25 at the Sony Centre, the final four companies will get to pitch live on Elevate Main Stage right before Al Gore’s keynote. We interviewed Ganesh Krishan, from  AiHello , an AI startup founded in 2018 and headquartered in Toronto. Read below to learn more about Ganesh’s experiences at a startup and valuable advice he gives to the next generation of startup founders. What problem is your company solving and how? We forecast sales of inventory by location. AiHello is a two-sided logistics company working to solve India’s shipping and supply chain

  If you are a seller and you haven't thought of integrating Shopify with Amazon, then most experts will probably tell you that you are missing out a great deal. To some extent, the statement may be right. But hold on, not so fast; looking at it from a broader perspective, I think Amazon has its fair share of disadvantages for any business that is looking forward to building its own brand. Look, the truth is that Amazon has no interest whatsoever in helping a seller build his or her business, even if they advertise. Just like you, all they care about is building their own brand and having a firm grip on the marketplace. One advantage Amazon has is that they have gained millions of buyers' trust; which is a good thing- I mean they deserve it since it was not an overnight success.   The backbone to this is that buyers: Use reviews from other verified purchasers to assess sellers and throw out the bad ones. Believe the marketplace will put things right for them if they ever go wro