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5 Ways AI is Playing A Crucial Role in Turning Retail Data into Profits
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#ai revolution#ai in web development#weblozy#customer behavior#artificialintelligence#profit optimization
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like its not JUST abt 2d gs 3d animation though that certainly plays a part. but pretty much every disney movie after princess and the frog just felt so irreparably tainted by marketing optimization and corporate soullessness.
#like i know marketing always had a hand in it. there were arguments abt ariels hair bc#‘redhead dolls dont sell’#but even then they PUSHED BACK and kept her hair. it never felt like the entire thing was optimized for maximum profit until tangled-frozen
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thinking about that ashswag testrun ep......
#listen 2 me. as someone who has a passive interest in the youtube algorithm#and likes to hear people talk about 'optimizing' it sometimes#and Also as someone whos very involved in fandom culture#its so!! fascinating to listen someone who has a fandom talk about the meta of their work!#like#when i think of 'ashswag' i automatically think of the fandom. i think about the thousands of words and dozens of art about spite and rage#but. ashswag (the guy) refering to 'ashswag' as a brand that can be optimized#its. a Really jarring disconnect as someone who thinks of the fandom First#esp when parrot and ash talking about the longevity of their channels#and talking about other creators and eventually going#'yeah i wish my content will grow with me as a person so i wont beat youtube like a dead horse and not enjoy it :/'#is. so interesting.#esp bc later they talk about off sourcing their editing to dedicated editors so they can be consistent#and trying to find the motivation to keep on going for like#5 years#and about how their goals are numbers based but also 'i wanna make meaningful content'#like. bud. yall already are#as someone whos talked with lots of members of the lifesteal fandom: yall are making art that inspires you!#it isn't just content that can be optimized. your videos inspire other people to create and connect#and be. human with each other.#and i Do think thats where fandom shines best#artists celebrating other artists#and ive been trying to go into this mindset myself: but youtubers are artists man!#theyre just using a new medium!!#and it sucks that youtube sees them as profit machines!! and punishes you for taking breaks bc youre human!!!!#but. listen man. when i think of ls s3#yes i do think of the traps and pvps#but i also think about something else#i think about the trust. i think about how in a server that punishes you for being bad at the game
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i take back everything ive ever said about palace of mirrors being boring or my least favorite estradasphere album , i just didnt realize that the thing with PoM is that the story and live show are an important part of the experience too
#i think the Optimal way of experiencing it would be story -> dvd -> album#granted its kind of a mediocre story that isnt conveyed well by the visuals but i get the Vision. ahead of their time i daresay#the costumes. the lighting and projection work. the bits of acting. they were so passionate about this and it sucks that--#--they iirc never turned a profit (or at least blew a ton of money) on the live shows#it makes me appreciate the album on its own a lot more too!#estradaposting#...........i do kinda wish john were still there but i also dont think saxophone would have worked with the sound they were going for soLOL
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started reading revolutionary mathematics by justin joque. there’s some taurs also.
#sketchbook#furry art#furry#art journal#mine#fave#book is about the kind of statistics used in capitalism to guide the markets and frame optimizing profit as the 'rational' thing to do#vaguely interesting
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i want to draw but i've forgotten howwwww
#hot tip for the youths: if you're fucking around in photoshop#having a great time making your silly little edits for fun#and you think to yourself#huh i wonder if i can make a career out of this and get paid to do graphic design because you know what? this is actually pretty fulfilling#DON'T#you will never want to make anything ever again#i get paid to move rectangles around all day to optimize profits for companies and it has killed every creative fiber of my being#i tried to draw joel miller the other day and cried lmao#tried to draw kotallo and CRIED#h
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profit is a fucking poison
#I am so fucking sick of people trying to optimize profits above everything else#it’s literally disgusting
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How to Turn Your Passion into Profit with Affiliate Marketing
Affiliate marketing and advertising have turned out to be one of the handiest ways to market it online. It is also one of the simplest methods for each person with a website to make earnings online. Affiliate Marketing is an agreement between a merchant and a website proprietor. The internet site owner, or the affiliate, lets in the use of their site for the merchandising of the service…
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#affiliate income#Affiliate Marketing#affiliate programs#business strategies#content marketing#conversion rate optimization#digital marketing#earning money online#entrepreneurial#income streams#internet marketing#marketing plan#marketing strategies#monetization#online advertising#online business#online marketing#passive income#profit#side hustle
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Pls don’t push any algorithmic thing be the default way to browse Tumblr by default. I’m staying here because of the chronological timeline. If we’re going to lose it, well I don’t have any reason to stay here and I will juste delete my account. I’m starting to get used to having to break from a social network because of his shitty decisions.
Tumblr’s Core Product Strategy
Here at Tumblr, we’ve been working hard on reorganizing how we work in a bid to gain more users. A larger user base means a more sustainable company, and means we get to stick around and do this thing with you all a bit longer. What follows is the strategy we're using to accomplish the goal of user growth. The @labs group has published a bit already, but this is bigger. We’re publishing it publicly for the first time, in an effort to work more transparently with all of you in the Tumblr community. This strategy provides guidance amid limited resources, allowing our teams to focus on specific key areas to ensure Tumblr’s future.
The Diagnosis
In order for Tumblr to grow, we need to fix the core experience that makes Tumblr a useful place for users. The underlying problem is that Tumblr is not easy to use. Historically, we have expected users to curate their feeds and lean into curating their experience. But this expectation introduces friction to the user experience and only serves a small portion of our audience.
Tumblr’s competitive advantage lies in its unique content and vibrant communities. As the forerunner of internet culture, Tumblr encompasses a wide range of interests, such as entertainment, art, gaming, fandom, fashion, and music. People come to Tumblr to immerse themselves in this culture, making it essential for us to ensure a seamless connection between people and content.
To guarantee Tumblr’s continued success, we’ve got to prioritize fostering that seamless connection between people and content. This involves attracting and retaining new users and creators, nurturing their growth, and encouraging frequent engagement with the platform.
Our Guiding Principles
To enhance Tumblr’s usability, we must address these core guiding principles.
Expand the ways new users can discover and sign up for Tumblr.
Provide high-quality content with every app launch.
Facilitate easier user participation in conversations.
Retain and grow our creator base.
Create patterns that encourage users to keep returning to Tumblr.
Improve the platform’s performance, stability, and quality.
Below is a deep dive into each of these principles.
Principle 1: Expand the ways new users can discover and sign up for Tumblr.
Tumblr has a “top of the funnel” issue in converting non-users into engaged logged-in users. We also have not invested in industry standard SEO practices to ensure a robust top of the funnel. The referral traffic that we do get from external sources is dispersed across different pages with inconsistent user experiences, which results in a missed opportunity to convert these users into regular Tumblr users. For example, users from search engines often land on pages within the blog network and blog view—where there isn’t much of a reason to sign up.
We need to experiment with logged-out tumblr.com to ensure we are capturing the highest potential conversion rate for visitors into sign-ups and log-ins. We might want to explore showing the potential future user the full breadth of content that Tumblr has to offer on our logged-out pages. We want people to be able to easily understand the potential behind Tumblr without having to navigate multiple tabs and pages to figure it out. Our current logged-out explore page does very little to help users understand “what is Tumblr.” which is a missed opportunity to get people excited about joining the site.
Actions & Next Steps
Improving Tumblr’s search engine optimization (SEO) practices to be in line with industry standards.
Experiment with logged out tumblr.com to achieve the highest conversion rate for sign-ups and log-ins, explore ways for visitors to “get” Tumblr and entice them to sign up.
Principle 2: Provide high-quality content with every app launch.
We need to ensure the highest quality user experience by presenting fresh and relevant content tailored to the user’s diverse interests during each session. If the user has a bad content experience, the fault lies with the product.
The default position should always be that the user does not know how to navigate the application. Additionally, we need to ensure that when people search for content related to their interests, it is easily accessible without any confusing limitations or unexpected roadblocks in their journey.
Being a 15-year-old brand is tough because the brand carries the baggage of a person’s preconceived impressions of Tumblr. On average, a user only sees 25 posts per session, so the first 25 posts have to convey the value of Tumblr: it is a vibrant community with lots of untapped potential. We never want to leave the user believing that Tumblr is a place that is stale and not relevant.
Actions & Next Steps
Deliver great content each time the app is opened.
Make it easier for users to understand where the vibrant communities on Tumblr are.
Improve our algorithmic ranking capabilities across all feeds.
Principle 3: Facilitate easier user participation in conversations.
Part of Tumblr’s charm lies in its capacity to showcase the evolution of conversations and the clever remarks found within reblog chains and replies. Engaging in these discussions should be enjoyable and effortless.
Unfortunately, the current way that conversations work on Tumblr across replies and reblogs is confusing for new users. The limitations around engaging with individual reblogs, replies only applying to the original post, and the inability to easily follow threaded conversations make it difficult for users to join the conversation.
Actions & Next Steps
Address the confusion within replies and reblogs.
Improve the conversational posting features around replies and reblogs.
Allow engagements on individual replies and reblogs.
Make it easier for users to follow the various conversation paths within a reblog thread.
Remove clutter in the conversation by collapsing reblog threads.
Explore the feasibility of removing duplicate reblogs within a user’s Following feed.
Principle 4: Retain and grow our creator base.
Creators are essential to the Tumblr community. However, we haven’t always had a consistent and coordinated effort around retaining, nurturing, and growing our creator base.
Being a new creator on Tumblr can be intimidating, with a high likelihood of leaving or disappointment upon sharing creations without receiving engagement or feedback. We need to ensure that we have the expected creator tools and foster the rewarding feedback loops that keep creators around and enable them to thrive.
The lack of feedback stems from the outdated decision to only show content from followed blogs on the main dashboard feed (“Following”), perpetuating a cycle where popular blogs continue to gain more visibility at the expense of helping new creators. To address this, we need to prioritize supporting and nurturing the growth of new creators on the platform.
It is also imperative that creators, like everyone on Tumblr, feel safe and in control of their experience. Whether it be an ask from the community or engagement on a post, being successful on Tumblr should never feel like a punishing experience.
Actions & Next Steps
Get creators’ new content in front of people who are interested in it.
Improve the feedback loop for creators, incentivizing them to continue posting.
Build mechanisms to protect creators from being spammed by notifications when they go viral.
Expand ways to co-create content, such as by adding the capability to embed Tumblr links in posts.
Principle 5: Create patterns that encourage users to keep returning to Tumblr.
Push notifications and emails are essential tools to increase user engagement, improve user retention, and facilitate content discovery. Our strategy of reaching out to you, the user, should be well-coordinated across product, commercial, and marketing teams.
Our messaging strategy needs to be personalized and adapt to a user’s shifting interests. Our messages should keep users in the know on the latest activity in their community, as well as keeping Tumblr top of mind as the place to go for witty takes and remixes of the latest shows and real-life events.
Most importantly, our messages should be thoughtful and should never come across as spammy.
Actions & Next Steps
Conduct an audit of our messaging strategy.
Address the issue of notifications getting too noisy; throttle, collapse or mute notifications where necessary.
Identify opportunities for personalization within our email messages.
Test what the right daily push notification limit is.
Send emails when a user has push notifications switched off.
Principle 6: Performance, stability and quality.
The stability and performance of our mobile apps have declined. There is a large backlog of production issues, with more bugs created than resolved over the last 300 days. If this continues, roughly one new unresolved production issue will be created every two days. Apps and backend systems that work well and don't crash are the foundation of a great Tumblr experience. Improving performance, stability, and quality will help us achieve sustainable operations for Tumblr.
Improve performance and stability: deliver crash-free, responsive, and fast-loading apps on Android, iOS, and web.
Improve quality: deliver the highest quality Tumblr experience to our users.
Move faster: provide APIs and services to unblock core product initiatives and launch new features coming out of Labs.
Conclusion
Our mission has always been to empower the world’s creators. We are wholly committed to ensuring Tumblr evolves in a way that supports our current users while improving areas that attract new creators, artists, and users. You deserve a digital home that works for you. You deserve the best tools and features to connect with your communities on a platform that prioritizes the easy discoverability of high-quality content. This is an invigorating time for Tumblr, and we couldn’t be more excited about our current strategy.
#sorry for the serious stuff#just exhausted of all these stupid moves from social media lately#their meaning of « taking care about the users» is just a pretty emphasis about optimizing profit by making you doom scroll more and more
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The Role of Profit Optimization Software in Driving Business Efficiency
In the current world business, there is always the search for a way to enhance the bottom line. Application software used for profitability enhancement has turned out as a tool to achieving better solutions towards reducing operational costs and enhancing operational revenues. Through analyzing the data, Automate the process and adjust prices and promotions accordingly By using this software companies are enabled to make correct decisions so as to experience better profit margins.
Understanding Profit Optimization Software
Pricing software is generally used to improve profitability through automating the assessment of pricing and business strategies efficiency, operating costs, customer behavior etc. Utilizing advanced algorithms and real time data, it is suited to detect and explain process imperfections, opportunities, and potential plans of action. Using tips mentioned previously, waste may be minimized in an organization. Optimize procedures and guarantee that the established price fits the market requirements.
One of the defining characteristics of profit optimization software is pricing optimization. Models of pricing conventional do not capture character of the market or changes in demand and activity of competitors. On the other hand, profit optimization tools draw on complex analytics to vary prices in this way. This ensures that businesses optimize on the income without losing the consumers.
Integrating Profit Optimization with Customer Rebate Tracking Software
Customer discount schemes are widely employed to motivate the consumer and boost the rate of consumption by availing many offers and discounts to the users. However, the management of the programs is relatively a challenge and requires a lot of time. This is where customers say no.
In today’s cut throat business environment every organization is always in search of avenues to increase its profits. Application and use of profit optimization software is therefore slowly becoming a key tool in evaluating and increasing the efficiency of business operations with the aim of cutting costs and at the same time increasing the amount of business returns. Using data it automates the process and dynamically changes the price and promotions This helps companies make good decisions in order to increase the overall profit margin.
Customer Rebate tracking software helps to avoid mistakes and fraud while tracking rebates and the process is fully computerized. It helps in arriving at the right computation and documentation of several types of rebates with the special credit given to persons who deserve it. Together with the appropriation of profit optimization software industries can evaluate the effectiveness of rebates to total profits. It assists the companies to choose whether to continue with, change some or even shelve some of the rebate offers that they are undertaking in the market.
Enhancing Promotions with Promotion Optimization Software
Promotions are still other equally important issues of the business plans that can also bring considerable differences to the rate of profitability. While appeals to promotions can increase sales volume, sometimes it leads to lower margins and wastage of promotional funds. Promotion optimization software must complement other profit optimization instruments in order to guarantee that promotions are accurate, focused and financially rewarding.
Promotion optimization software embraces past promotion performance, customer behavior, and the existing market trends to determine the most appropriate promotion. It enables the business to experiment with different promotion occurrences, analyze its effect on the consumers and modify the options with flying colors. When used in conjunction with the general profit optimization approach these ideas allow every promotion to directly relate back to the corporate objectives.
Driving Business Efficiency
When integrated, the use of profit optimization software, the rebate management software, and the promotion optimization software work together to meet the objectives of boosting business. These tools collectively incorporate one same philosophy to maximize profitability across the business, throughout its price promotions, rebates, and clients.
With data analytics, automation and real-time information it is now possible to optimize processes, cut expenses and make informed decisions. It also increases profit per unit or product, customer satisfaction level as well as company competitiveness in the marketplace.
Conclusion
Potential users of profit optimization software and its tools and applications are poised to compete in today’s challenging business climate. That is where the appropriate strategies come into play as they can unlock this growth potential, boost operational excellence, and ultimately, generate sustainable, desirable, and enduring profits not only boosts profit margins but also enhances customer satisfaction and competitiveness in the market.
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Agribusiness Talk: Understanding Seed Costs and Their Impact on Farming
Explore how seed costs impact farming profitability. Understand the breakdown of seed costs for crops like tomatoes, onions, maize, and cabbages, and learn strategies to optimize yields for better returns. Wondering if seed costs are limiting your farming success? Dive into an in-depth analysis of seed costs and discover how maximizing yields can reduce their impact on your overall profits. Learn…
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CPA Marketing Tricks-To Maximize Your Profits
CPA marketing is a game-changer for businesses looking to scale their online presence and increase revenue. This comprehensive guide covers the benefits, best practices, and strategies to help you succeed. Continue reading for more. The Basics of CPA MarketingWhat is CPA Marketing?How Does CPA Marketing Work?Effective CPA Marketing StrategiesFinding the Right OffersOptimizing Your WebsiteDriving…
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Getting to Know FRC Part 3: Full Service Catalogue
Renee Williams, President, Freight Revenue Consultants, LLC (FRC) At Freight Revenue Consultants (FRC), we’re all about making your trucking operations run smoother and more profitably. With our deep knowledge of the transportation industry and advanced data analytics skills, we tackle everything. What sets us apart is our extensive experience and strong network of contacts and vendors, which…
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The ROI of Great Web Design: How a Smart Website Boosts Your Business
There's a secret weapon for boosting your online success... and it's not what you think! Discover the power of exceptional web design in our new eBook.
In today’s digital age, your website is your storefront to the world. But is it a thriving marketplace or a dusty forgotten corner? This ebook, written by Mwenya Chongo, CEO of Mukwood Digital Web Design Studio (registered in Zambia), dives deep into the power of well-crafted web design and how it directly impacts your business’s bottom line. Uncover the hidden potential of your website and…
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#affordable web design#best web design companies#branding#Content Marketing#conversion rate optimization (CRO)#digital marketing#domain name registration#ecommerce website design#email marketing#graphic design#information architecture#landing page design#logo design#mobile-friendly web design#responsive web design#responsive web design cost#ROI for web design#search engine marketing (SEM)#SEO cost#SEO web design#social media marketing#user experience (UX) design#user interface (UI) design#web analytics#web copywriting#web design#web design agency#web design case studies#web design for non-profits#web design for small businesses
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Improving Profitability with AI-Driven: Profit Optimization Software
This is especially important in the current period of highly intense competition where increasing the business firm’s profitability is ordinarily deemed crucial. The reaction of costs and pricing has generally relied on old fashion approaches to estimating and controlling costs as well as on standard cost-plus pricing techniques that have proved to be slow and imprecise in their approach to change. In comes AI-driven profit optimization software which is an automatic programme that increases the profitability of businesses through the use of artificial intelligence in determining the most appropriate price to charge, promos to give, and rebates to offer. This blog will also describe how this technology operates and its great advantages for companies.
What is AI-Driven Profit Optimization Software?
It is highly sophisticated software that analyzes large amounts of data related to products, customers and markets and defines ways to maximize profits and set the most suitable pricing mechanisms within a shortest time possible through using machine learning and artificial intelligence. As part of the process it considers factors like customer needs and wants, market trends, price levels set by competitors and past sales data in pricing strategies. It is the optimization of the price level as she aims at having absolute control of the price which should capture the highest profit per sale while at the same time retaining sales volume in the market.
Benefits of Using Profit Optimization Software
Accurate and Dynamic Pricing: This real time data is the basis for AI-driven profit optimization software that offers the most favorable price on the products or services. It is more dynamic as opposed to other pricing strategies that remain rigid, this software adapts to the market, customer trends and stock. This makes it possible for businesses to harness variability in demand to boost their revenues while at the same time being shielded from forays that could see them post a loss.
Enhanced Decision-Making: Another benefit of AI utilizes software is that it gives information that is active. The fact that the software deals with big data means that it is able to come up with hidden trends and patterns that would not be easy for a human analyst to find out: This assists the business leaders in making some informed decisions that would instigate better profitability as well as the long-term growth of the business.
Automation and Efficiency: Profit optimization software performs calculations involved in determining the most suitable pricing strategies faster, so businesses can implement pricing faster. This reduces the manual workload and also the chances of errors as compared to manual’s data entry work. It makes it possible for teams to have more time for other strategic issues like enhancing promotions and customer interactions.
Integration with Promotion Optimization Software
Promotion optimization is another form of software that significantly supports the increase in profitability when combined with profit optimization software. Promotion is very important in the identification of the right customer but with wrong promotion strategies, the profit of a firm may be reduced. Supply chain promotion optimization software can be used to avail AI powered promotion messages, creation and launch to enable companies achieve optimal promotions for their products or service in order to increase sales while keeping off loss making promotions. Analyzing the customers’ preferences and buying habits as well as the competitors’ promotion activities, the software identifies the most efficient methods to promote current goods/services.
For example, it can recommend specific group discounts or a set of consumable services to predetermined customer categories, enhancing both the chances of a purchase and the gross margin in general. Also, AI-based promotion optimization software places promotion into context in terms of business priorities such as inventory turnover and seasonal trends.
Maximizing Rebates with Customer Rebate Tracking Software
Another important aspect that significantly contributes to the overall management of profit is the issue of rebates. Customer rebate tracking software is used by companies to track and calculate rebate claims of several programs in a single interface. This means that rebate programs must be appealing to the customers while at the same time being sustainable to the organizations implementing them.
There are numerous benefits of using AI such as using rebate tracking software to reduce the chances of manual errors while calculating rebates. It also makes it easier for the businesses to establish trends previously unnoticed in customer behavior, especially concerning rebates, and thus adjust the programs for profitability. Therefore, using rebate tracking software together with profit optimization solutions make it possible for firms not to lose their profit margins to rebate offers.
Conclusion
In today’s economy where data is the key determinant of many organizational decisions, the use of AI-enabled profit optimization software is an essential investment for any organization that wants to increase its profitability. This software is the best for firms since it uses optimized formulas and current real-time data for pricing, promotion, and even rebates. When integrated with promotion optimization software and customer rebate tracking software, there is the potential to achieve other forms of profitability that other firms might not be able to attain by bushing off competition and making necessary adjustments of the change.
Implementing profit optimization based on artificial intelligence software not only raises the profit level but also improves decision-making, performance and customer satisfaction. Such services might remain optional if companies do not want to achieve the current and record-breaking levels of financial performance; otherwise, the application of such advanced technologies is mandatory.
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