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)
1
Section 1:Benefits of AI-Powered Commerce
5
Section 2:How Top Brands Use Artificial Intelligence
11
Section 3:How to Use Commerce.AI for Product Ideation, Trend Analysis, and Predictions

Summary

In this chapter, we've learned about how voice surveys can help companies gain insights into customers' needs, wants, and concerns. By answering questions about their pain points or what they value most about certain brands or products, consumers are able to provide you with valuable information that you can use to develop new offerings or improve existing ones.

By using Commerce.AI's voice surveys, businesses of all types can gain actionable insights into their target markets – and use this information to better understand their customers so that they can continue growing and improving for years to come.

Whether you operate a hotel chain, a number of stores, a software company, or work in an entirely different industry, voice surveys are a powerful way to gain insights into your market and better serve your customers.

As you've learned, the Commerce.AI platform is a powerful mix of machine learning and big data that can be applied to the...