E-commerce, a
strenuous large-scale industry, has espoused intelligent technologies like AI,
ML, and AR/VR to facilitate the customer experience. Artificial intelligence,
the forerunner of innovation and futuristic technologies, has ascended the
parameters for expediting customer experience. With features and
functionalities like voice searches, AI-powered chatbots, and predictive
analysis, e-commerce businesses and firms are attuning progressive overall
functioning.
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One such use
case that has elevated customer satisfaction levels is strengthened customer
service solutions with conversational chatbots. Considering the conversion, 8
out of 10 companies have already enforced or intended to execute AI as a
customer service solution. Such statistics raise questions about the other use
cases of AI in e-commerce and their predicted augmentation. Apparently, the
applications of AI do not limit themselves here but expand to justify their
utilization.
With such
exciting aggrandizement, it becomes necessary to ascertain how AI can alleviate
the customer experience with AI development services in e-commerce.
Real-World
Use Cases with the AI Development Services
1.
Predictive Analysis
Beginning
with the use cases and not mentioning the predictive analysis on top would be a
slander to AI. Analyzing the data and figuring out the patterns for possible
outcomes are the primary features of integrating AI into existing e-commerce
systems with AI development services. The capability to report upcoming events
with simplified data has restructured how the e-commerce industry functions.
For instance,
Inventory and warehouse reports, being a back-end system, still hold value in
presenting customers with immense experience. As soon as a product is about to
end, the AI-powered systems can alert the inventory owners about the need for
restocking and updation. Bringing the customer-centric approach in the middle
since the inventory is updated and well-organized, the users can always find
the product available and would not have to look around other places or even
vendors. Ultimately, AI has ensured inventory management to retain users and
customers and generate high-power revenue.
2.
Product Recommendations
A similar
application but a different stream of functionality can be seen with the
product recommendation. AI and ML work together to assess user behavior and
eventually recommend products based on their search histories for e-commerce
development solutions. Product recommendation is among the factors that
alleviate the customer experience and present the users with exactly what they
are looking for.
For instance,
a user might have looked up bicycles matching the preference. The product
recommendation correlates the searches and brings forth the upcoming tools and
products that go along with their preferences. The nature of AI in e-commerce
boosts overall sales and ensures that the needs of users are met around the
clock.
3.
Augmented Product Visualization
Another
avenue in which AI can elevate the overall customer experience is including
augmented reality with AI. The infusion of technologies brings forth an
immersive experience adopted by industry giants and leaders. Bringing clarity
to the users of the augmented product can assist in streamlined decision-making
and zero returns.
For instance,
industry giants like Lenskart introduced augmented reality features with AI
development services so that users could judge the lenses prior to buying. The
3D features enabled them to assess the overall appearance of a lens on their
face and find out which one suits them better. Such revolutionary
functionality, combined with AR and AI, allowed users to make better decisions
and have a smooth customer experience throughout.
4.
Test-Sentiment Analysis
As AI has the
capability to assess and detect patterns, it is also susceptible to identifying
sentiments with NLP and Deep Learning. Often, the AI does text sentiment
analysis to pinpoint the emotions behind the text. This technique has been
applied to analyze the feedback received from the user’s end.
For instance,
e-commerce businesses and firms often deviate towards e-commerce development solutions with AI-powered functionality to assess the
feedback received. The AI-driven solutions ultimately decipher the sentiments
and bring forth reports associated with the overall feedback of the general
masses toward a product. This way, businesses and firms can make the necessary
changes to ensure the upgraded customer experience.
5.
Chatbots and Virtual Assistants
Another
widely popular use case that has transformed the customer experience is the
adaptation of chatbots and virtual assistants. The primary reason for it being
an accepted AI-centric inclusion is the feasibility it provides the users.
Oftentimes, the users find the customer services and issue-resolution
mechanisms slow, building up to frustrations. However, the AI-powered
conversational chatbots have changed the perception.
For instance,
users interact with virtual assistants as firsthand assistance with their
issues. They bring forth the problems, and the chatbot assists them with the
process. This has reduced human needs and brought efficient solutions to
resolve the problem within minutes.
6.
Voice Assistants
Another facet
of assistance comes from simple AI-powered voice recognition devices that
decipher the needs of the users. These devices, like Siri and Alexa, have facilitated
smooth functioning and ensured that the users find their exact product by just
saying out loud.
For
reference, the AI-powered voice assistants take the commands of the users in
the context of groceries, locate the product, and automatically add it to the
cart. No typing and searching are required at the end of the users but just
command-centric functioning. Such innovations have modernized the customer
experience in e-commerce and ensured optimum results.
Conclusion
Winding up
the bifurcated guide on how AI can be used to modernize the customer experience
in the e-commerce industry has led us to AI development services. As
decision-makers, you must assess the use cases that can be included in your
business model and integrate them as soon as possible. Since the industry is
growing at an unprecedented speed, quicker judgments can eventually become
advantageous and revenue-driven in no time. Now is the time to make haste and
bring the power of artificial intelligence to good use.
Author Bio: Mosche Amara is an AI-centric eCommerce developer with industry-wide experience on diverse projects. Her expertise brings forth necessary information and valuable insights to guide the general masses.
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