Instead of watching an hour of Netflix, watch this 2 hour hour Stanford lecture will teach you more about how LLMs like ChatGPT and Claude are built than most people working at top AI companies learn in their entire careers.
Check out the latest article in my newsletter: Your Logistics Team Just Got New Colleagues. They Don't Sleep. https://t.co/61rbUc6Wws via @LinkedIn
Shoptalk wrapped up, and what an incredible experience it was. Had the privilege of connecting with some truly amazing people who quickly turned into friends. Our conversations spanned across various corners of ecommerce, diving deep into how AI is reshaping the way we buy, sell, and interact online.
Exchanging ideas with fellow innovators reaffirmed my belief that we're at the forefront of something revolutionary. AI's role in ecommerce isn't just about enhancing efficiency; it's fundamentally redefining customer experiences and opening new doors to possibilities we hadn't even imagined before. #shoptalk
Finding funds that 𝑡𝑟𝑢𝑙𝑦 invest in pre-seed is hard.
Here's a list of some I know do A LOT of pre-seed (add to comments):
Hustle Fund
Everywhere Ventures
Pear VC
Wonder Ventures
Precursor Ventures
Wischoff Ventures
Nido Ventures
Plug and Play Tech Center
Gaingels
https://t.co/oEDbGfd6s6
Dorm Room Fund
MBA Ventures
Unshackled Ventures
Torch Capital
Rally Cap
Cortado Ventures
LvlUp Ventures
Ganas Ventures
Symphonic Capital
Alpaca VC
Deciens Capital
Afore Capital
The Council
GoAhead Ventures
Barrel Ventures
Enzo Ventures
Redbud VC
Next Wave NYC
f7 Ventures
Recall Capital
Launch Factory
Kiplin Capital
Better Tomorrow Ventures
Incisive Ventures
Boost VC
What are others?
Dharmesh, CTO at HubSpot, introduced an insightful term: Small Mighty Business. This concept is especially relevant in the era of AI agents, where businesses—regardless of size—can leverage automation and intelligence to become more agile and competitive. #ai#aiagent
@DarrelFrater Interested. Building AI Agents to help visitors inside E-commerce stores. Have multiple paying clients and ongoing discussions with enterprises.
Want your customers to look like this?
Just keep running your E-Commerce store without AI Agents. You’re on the right track. ✅
Here’s the brutal truth:
98% of your website visitors leave without buying.
And when they’re confused, frustrated(or just plain bored), this is the face they make: 😡.
OR… you could stop it.
The Real Problem: Your Mid-Funnel Is a Black Hole
Let me paint you a picture of what’s really happening:
- 90% of your visitors act like bots.
- Scroll, stare, and then they leave.
- The remaining 10%, only 8% muster the courage to add to cart.
- And out of that, just 2% actually buy.
What’s going on here? The mid-funnel is broken. Most sites makes shopping feel like a chore:
❌ Product searches that go nowhere.
❌ Zero guidance on what to buy.
❌ The online version of wandering aimlessly in a department store.
Why Amazon Doesn’t Have This Problem:
Amazon converts at 5X the rate of normal e-commerce stores because they’ve mastered the mid-funnel.
Here’s their secret sauce:
- They guide you to products faster than you can say “Add to Cart.”
- They have tons of support to answer the question(now AI)
- They make you feel like they know what you need better than you do.
Meanwhile, most stores? It’s making customers work for their purchase. And spoiler: customers don’t like working.
So, What’s the Fix?
If you want results, you need to engage your visitors.
Here’s what an AI Agents can do:
✔ Wake up that 90% of “bot-like” browsers.
✔ Make product searches quick.
✔ Recommend the right products at the right time( with personalization :) ).
✔ Convert hesitant shoppers into paying customers.
I'm on a mission to optimize the mid-funnel using AI Agents and drive conversions for brands at an Amazon-level! Let me know if you're up for a casual chat – https://t.co/QwyacgrHBo.
#ai #genai #ecommerce #automation #techcommunity