Importance of Lead Conversion Rate

The lead conversion rate is a vital metric that reflects the effectiveness of your sales and marketing efforts. It measures the percentage of leads that successfully convert into paying customers. Without anticipating demand, you will make poor pricing decisions. In addition, it affects pricing, inventory costs, customer satisfaction, supply chain management, and profitability. There are…

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The Importance of Demand Forecasting in Today’s Competitive Business Landscape

In today’s fiercely competitive business landscape, demand forecasting has emerged as a crucial aspect for companies striving to maintain their edge and stay ahead of industry innovations. The ability to predict customer demands is more important than ever, as poor forecasting can leave businesses lacking the resources, while accurate and timely forecasts enable optimal productivity…

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Alibaba is launching an Artificial Intelligence model that can understand images and hold more complex conversations

Alibaba launched a new artificial intelligence model that the company says can understand images and hold more complex conversations than the company’s previous products, as the global race for technology leadership heats. The Chinese tech giant said its two new models, Qwen-VL and Qwen-VL-Chat, are open source, meaning researchers, researchers and companies around the world…

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