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Artificial Intelligence in Retail

We’ve certainly entered the era of Artificial Intelligence in retail.

AI is having an impact on what we are consuming. Most companies have not even begun to understand the impact of this technology. It influence purchasing habits of everyday consumers.

 

How Artificial Intelligence impacts retail manufacturing?

  • Firstly, Amazon Alexa and Google Home use extensive AI to figure out and understand speech and make requests to the right services connected in
  • Secondly, Product recommendations work on an A.I. algorithm which correlates past customer purchases, searched product, and what others have purchased to determine what should be shown below the product as recommendations.
  • Artificial intelligence impacts retail product selection by realizing data points which anticipate trends and serve up those trends from mountains of data.
  • help predict what a customer is looking for
  • Also, Chatbots
  • Retailers will be able to predict far more accurately how much they should purchase from a particular manufacturer or distributor.
  • in-store chat to increase engagement and help consumers find exactly what they need within the store.
  • Furthermore, Artificial Intelligence helps with marketing and personalization side

Finally, If you have any questions around anything, feel free to get in touch. We would love to hear from you.

If you need any help with Social Media, or in Analytics then please get in contact with us here at Network Intellect.

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