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


In this chapter, we've explored how data is a critical tool for restaurant innovation teams. Using data to inform your restaurant strategy is an essential part of being successful in this evolving industry. The right data, at the right time, can save you countless hours of trial and error, help you make smarter decisions, and even help determine what food and beverages to sell or services to offer in the first place.

AI isn't just about automating repetitive tasks; it's also about providing insights that no human could have come up with on their own. These tools are perfect for the unique challenges faced by restaurant owners, from managing inventory across multiple locations to understanding consumer behavior on social media platforms such as Instagram.

As consumers engage with food in new ways through digital channels – apps such as Instagram or Pinterest – restaurants have an opportunity to reach them directly with offers or content that...