Thu, 13 April 2023
Applying AI to E-commerce
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.
AI brings new capabilities and benefits to e-commerce businesses.
AI can enhance e-commerce companies in the following ways:
Create better search tools for customers seeking products and services online.
Retarget customers for related products.
Provide better recommendations to customers for similar products.
Enhance the customer shopping experience through voice or chat prompts.
Personalize the shopping experience for customers.
Provide virtual shopping assistance to premium customers to find specific products.
Enhance recommendations to customers based on their buying history.
Improve voice assistants used in e-commerce applications.
Identify the ideal price points for each product based on customer shopping history.
Monitor reviews for activity including negative comments and fake reviews.
Monitor for counterfeit products and misleading information.
Identity new products to carry based on customer feedback.
AI can enhance the buying experience for the customer and the operational capabilities of the e-commerce provider.
Consider adding AI to your e-commerce platform.
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