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Using Data Analysis and Artificial Intelligence to
empower SMEs to thrive in e-commerce.
Bui Hai Nam
Chief Executive Officer
Datamart Solutions Pte. Ltd.
2
• MSME Retailers on E-
commerce &
• 3 typical performance
marketing pitfalls &
• Best practices using data & AI
to tackle these challenges
Using Data Analysis &
Artificial Intelligence to
empower SMEs to
thrive in e-commerce.
Vietnamese E-commerce Economy is booming,
CAGR at 30% till 2025
3
3,079
2015 2018 2019 2020 2021 2025
Market Size (mil $) 8,040
5,024
480 300k+	online	retailers
3.2%	retail	shares
38	mil	online	shoppers
Mostly driven by MSME businesses
MSME
Retailers
Big brands/
Retailers
By platform By seller size
E-Commerce MSME Retailers - Who are they?
1
owner with 4-5 staffs
1-2
Online channels
$10k-200k
revenue per month
2-3%
for marketing
(FB, GG, LZD,…)
• Product Selection
• Stock Management
• Competitive Management
• Performance Management
• A/B Testing
They run performance marketing based on
guess works
6
#1 Traffic is usually driven to their best-selling
7
Best-Selling
Products
“Better” Selling
Products
And the conversion rate lever is forgotten
8
Traffic x Conversion Rate = Orders
Effective ROI lever to pull
A simple conversion rate analysis can take the
guess work away
9
2% 3% 2.5%
3% 7% 1%
3% 5% 2%
Product A Product B Product C
Low Traffic
Medium Traffic
High Traffic
The sweet spot
#2 stock management is one of the most
common issues
10
• Lost business opportunity
• Lost business continuity
• Overspent on OOS products
Smart AI can detect spikes, forecast sales, and
proactively alert shop owners
11
Human Machine
And recommend actions based on facts and
analyses to back it up
• Lack	of	stock!	Only	11	
units	are	in	inventory	that	
could	be	sold	in	next	18	
hours
• Add	86	products	in	
order	to	sell	in	next	2	
weeks
#3 competitiveness is also usually forgotten
13
Traffic Conversion
1%
Majority of 99% people don’t
buy is looking for alternatives:
99%
Buy Don’t Buy
Different Product
Better Value
Same Product
Better Price
A price comparison table is super helpful but
not easy to make and maintain it
14
• Search for competitors across all e-
commerce websites
• Matching their products vs
competitors’
• Keep all competitor price updated
regularly
• Put all the data in one-place for easy
decision making
This is where automatic data collection
effectively monitors competitiveness
15
• Automatic monitoring of
competitor’s visibility, stock
level, and price changes
• Optimize competitiveness and
product conversion rate
AI will optimize the pricing automatically
16
• 2 inputs:
- Price range
- Difference from competitors
• Algorimic engine will
determine the most optimal
price, and the best timing to
reprice
And help them oversee the most important
products on a single view
17
About using Data & Analytics for Brands &
Agencies
18
BRANDS
• Monitor Competior
• Identify Right Product to
Promote
AGENCIES
• Monitor performance of campaigns
• Real-time optimization of
stock/pricing issues
How Data & Analytics empower MSME Retailers
19
• Market Intelligence
• Business Intelligence
• Recommendation
• Automation
CONCLUSION
• Manual Monitoring
• Lack of Insights
• Guess Works
• Tedious Tasks
Bui Hai Nam - Datamart.vn

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Using Data Analysis & Artificial Intelligence to empower SMEs to thrive in e-commerce

  • 1. 1 Using Data Analysis and Artificial Intelligence to empower SMEs to thrive in e-commerce. Bui Hai Nam Chief Executive Officer Datamart Solutions Pte. Ltd.
  • 2. 2 • MSME Retailers on E- commerce & • 3 typical performance marketing pitfalls & • Best practices using data & AI to tackle these challenges Using Data Analysis & Artificial Intelligence to empower SMEs to thrive in e-commerce.
  • 3. Vietnamese E-commerce Economy is booming, CAGR at 30% till 2025 3 3,079 2015 2018 2019 2020 2021 2025 Market Size (mil $) 8,040 5,024 480 300k+ online retailers 3.2% retail shares 38 mil online shoppers
  • 4. Mostly driven by MSME businesses MSME Retailers Big brands/ Retailers By platform By seller size
  • 5. E-Commerce MSME Retailers - Who are they? 1 owner with 4-5 staffs 1-2 Online channels $10k-200k revenue per month 2-3% for marketing (FB, GG, LZD,…)
  • 6. • Product Selection • Stock Management • Competitive Management • Performance Management • A/B Testing They run performance marketing based on guess works 6
  • 7. #1 Traffic is usually driven to their best-selling 7 Best-Selling Products “Better” Selling Products
  • 8. And the conversion rate lever is forgotten 8 Traffic x Conversion Rate = Orders Effective ROI lever to pull
  • 9. A simple conversion rate analysis can take the guess work away 9 2% 3% 2.5% 3% 7% 1% 3% 5% 2% Product A Product B Product C Low Traffic Medium Traffic High Traffic The sweet spot
  • 10. #2 stock management is one of the most common issues 10 • Lost business opportunity • Lost business continuity • Overspent on OOS products
  • 11. Smart AI can detect spikes, forecast sales, and proactively alert shop owners 11 Human Machine
  • 12. And recommend actions based on facts and analyses to back it up • Lack of stock! Only 11 units are in inventory that could be sold in next 18 hours • Add 86 products in order to sell in next 2 weeks
  • 13. #3 competitiveness is also usually forgotten 13 Traffic Conversion 1% Majority of 99% people don’t buy is looking for alternatives: 99% Buy Don’t Buy Different Product Better Value Same Product Better Price
  • 14. A price comparison table is super helpful but not easy to make and maintain it 14 • Search for competitors across all e- commerce websites • Matching their products vs competitors’ • Keep all competitor price updated regularly • Put all the data in one-place for easy decision making
  • 15. This is where automatic data collection effectively monitors competitiveness 15 • Automatic monitoring of competitor’s visibility, stock level, and price changes • Optimize competitiveness and product conversion rate
  • 16. AI will optimize the pricing automatically 16 • 2 inputs: - Price range - Difference from competitors • Algorimic engine will determine the most optimal price, and the best timing to reprice
  • 17. And help them oversee the most important products on a single view 17
  • 18. About using Data & Analytics for Brands & Agencies 18 BRANDS • Monitor Competior • Identify Right Product to Promote AGENCIES • Monitor performance of campaigns • Real-time optimization of stock/pricing issues
  • 19. How Data & Analytics empower MSME Retailers 19 • Market Intelligence • Business Intelligence • Recommendation • Automation CONCLUSION • Manual Monitoring • Lack of Insights • Guess Works • Tedious Tasks
  • 20. Bui Hai Nam - Datamart.vn