Book Image

AI-Powered Commerce

By : Andy Pandharikar, Frederik Bussler
Book Image

AI-Powered Commerce

By: Andy Pandharikar, Frederik Bussler

Overview of this book

Commerce.AI is a suite of artificial intelligence (AI) tools, trained on over a trillion data points, to help businesses build next-gen products and services. If you want to be the best business on the block, using AI is a must. Developers and analysts working with AI will be able to put their knowledge to work with this practical guide. You'll begin by learning the core themes of new product and service innovation, including how to identify market opportunities, come up with ideas, and predict trends. With plenty of use cases as reference, you'll learn how to apply AI for innovation, both programmatically and with Commerce.AI. You'll also find out how to analyze product and service data with tools such as GPT-J, Python pandas, Prophet, and TextBlob. As you progress, you'll explore the evolution of commerce in AI, including how top businesses today are using AI. You'll learn how Commerce.AI merges machine learning, product expertise, and big data to help businesses make more accurate decisions. Finally, you'll use the Commerce.AI suite for product ideation and analyzing market trends. By the end of this artificial intelligence book, you'll be able to strategize new product opportunities by using AI, and also have an understanding of how to use Commerce.AI for product ideation, trend analysis, and predictions.
Table of Contents (17 chapters)
Section 1:Benefits of AI-Powered Commerce
Section 2:How Top Brands Use Artificial Intelligence
Section 3:How to Use Commerce.AI for Product Ideation, Trend Analysis, and Predictions

Improving your offerings

Your existing products and services are, of course, the foundation of your business. But, if you're like most companies, your offerings are likely to have some gaps. Until now, though, there was no good way for you to know about these gaps.

That's why we created voice surveys. With voice surveys for market research and analysis, you can derive insights into your existing products and services, and help formulate new ones. Let's dive into how to use voice surveys to gain insights into your existing products and customers, and how to leverage those insights to improve your offerings.

Deriving insights into your existing products

Creating and launching a product is only part of that product's life cycle. It's also crucial to understand what makes it succeed or fail.

But in today's fast-moving world, even the most seasoned executives may not have all the information they need to make critical business decisions. So, when...