5 AI trends that will impact eCommerce industry in 2019 - PowerPoint PPT Presentation

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5 AI trends that will impact eCommerce industry in 2019

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Artificial Intelligence is gearing up to do more in the eCommerce industry in 2019. Last year, it turned from a future tech to must-have tech in place. Now the use cases are diversifying. AI is expected to significantly change the way retailers communicate with customers and how they operate in the backstage. – PowerPoint PPT presentation

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Title: 5 AI trends that will impact eCommerce industry in 2019


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5 AI trends that will impact eCommerce
industry in 2019
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  • AI is becoming mainstream and eCommerce industry
    is no exception. In 2019, AI will change the way
    retailers communicate with customers and the way
    retailers work backstage.

5 AI Trends
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1. More precise semantic search engines

  • Semantic search engines with NLP (Natural
    Language Processing) and AI together can help in
    understanding synonyms of the search text.
  • 44 percent abandon purchases because something
    as basic as a product search function is missing
  • - Episerver

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2. Visual Recommendation Engines for Fashion


  • Visual Recommendation Engines for detecting
    patterns and colors in fashion industry
  • By 2020, 57 of buyers will depend on companies
    knowing what they want before the first
    interaction
  • - Salesforce

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3. Chatbots will do more than just
assisting


  • Chatbots will communicate through text, voice,
    images and human-like responses.
  • 67 of people already expect to see/use
    messaging apps when talking to a business
  • - Chatbots Magazine

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4. Insights for advanced procurement and
marketing


  • AI can crawl through years of sales data and
    predict sales volume with more accuracy
  • 61 of marketers say Artificial Intelligence is
    the most important aspect of their data strategy
  • - MeMSQL

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4. Insights for advanced procurement and
marketing


  • Warehouse automation and anticipatory
    logistics can improve efficiency and quality.
  • Current AI technology can boost business
    productivity by up to 40
  • - Accenture

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