Shop smarter, not harder. The future of eCommerce is being shaped by Artificial Intelligence, revolutionizing the way we shop. Technology, like ChatGPT is already being leveraged by online retailers to personalize customer experiences and drive growth.
The rise of ChatGPT and AI, in general, have led to one question by businesses: How do we leverage AI to gain an edge over our competitors in a digital-first world?
AI and AI adjacent advancements are the future for online retailers and the ability to personalize the customer experience through data makes it an invaluable asset to drive growth.
The buzz behind AI
AI, in short, is the ability for computers systems to imitate human behavior and intelligence. While AI can be broken down into a number of different components like machine learning, natural language processing and deep learning but it is essentially the process of using data inputs to prove outputs at a much faster rate, and arguably better than the average human.
Revolutionize your workflow
Although AI is the latest “hot topic” it isn’t a fad or a new invention. AI has existed for 70+ years (yup, we’re talking 1950’s) and now more than ever has several applications that can (and should) be applied to your business in the present day. The eCommerce industry has a massive opportunity to use this technology to elevate business.
When customers can’t find what they’re looking for on your site, they start to look elsewhere. AI has the power to create significant change in a number of areas most relevant to online retail in 2023 and beyond. Want to know exactly how to up-level your business and meet your customers exactly where they want to be? Implement AI.
Content that captivates
AI applications are not only revolutionizing the way we go about content creation but they’re a great tool to enhance your already determined content creation strategy. By providing users with a jumping-off point for content creation and ideation to help with tasks like blog posts, landing page copy, ad copy, and social media allowing businesses with limited resources to do more with less.
Leveraging AI for personalized interactions
Personalized customer journeys at the hands of AI will be a huge differentiator in the overall user experience. Businesses that opt to utilize buyer data and intent to customize the experience will ultimately have the upper hand. By acknowledging your customers and making them feel understood they are more likely to purchase, 91% of consumers are more likely to shop with brands that provide relevant offers to them.
The future of work with automation
Internal processes like data analysis and smarter forecasting are two major areas that can be streamlined through the use of AI to help your business run more efficiently. From back-end automation to more efficient sales processes there are a number of applications that can help support your team by automating routine tasks.
Meet your new growth tactic: AI
AI is changing the way we shop in so many different ways and eCommerce companies are taking notice. The future is filled with so many applications for AI, using it to optimize your processes, understand your customers, and automate time-consuming tasks will be key for commerce. If you’re looking for new ways to up-level your current strategy look no further—our mission is to reshape the way businesses operate. Whether you’ve been in eCommerce for years or just starting to dip your toes in the water, it is time to embrace the future of online shopping through AI!