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AI-Powered Commerce

You're reading from   AI-Powered Commerce Building the products and services of the future with Commerce.AI

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Product type Paperback
Published in Jan 2022
Publisher Packt
ISBN-13 9781803248981
Length 256 pages
Edition 1st Edition
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Authors (2):
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Andy Pandharikar Andy Pandharikar
Author Profile Icon Andy Pandharikar
Andy Pandharikar
Frederik Bussler Frederik Bussler
Author Profile Icon Frederik Bussler
Frederik Bussler
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Toc

Table of Contents (17) Chapters Close

Preface 1. Section 1:Benefits of AI-Powered Commerce
2. Chapter 1: Improving Market Opportunity Identification FREE CHAPTER 3. Chapter 2: Creating Product Ideas 4. Chapter 3: Understanding How to Predict Industry-Wide Trends Using Big Data 5. Section 2:How Top Brands Use Artificial Intelligence
6. Chapter 4: Applying AI for Innovation – Luxury Goods Deep Dive 7. Chapter 5: Applying AI for Innovation – Wireless Networking Deep Dive 8. Chapter 6: Applying AI for Innovation –Consumer Electronics Deep Dive 9. Chapter 7: Applying AI for Innovation – Restaurants Deep Dive 10. Chapter 8: Applying AI for Innovation – Consumer Goods Deep Dive 11. Section 3:How to Use Commerce.AI for Product Ideation, Trend Analysis, and Predictions
12. Chapter 9: Delivering Insights with Product AI 13. Chapter 10: Delivering Insights with Service AI 14. Chapter 11: Delivering Insights with Market AI 15. Chapter 12: Delivering Insights with Voice Surveys 16. Other Books You May Enjoy

Understanding the challenges faced by consumer electronics brands

Let's start by exploring the challenges of consumer electronics brands to understand why new, innovative, data-driven, and AI-based solutions are needed to drive product success.

Some of the challenges we'll cover include the needs of the connected consumer, the new reality of short-term attention span, the demands of the content consumer, and growing competition from emerging markets.

The needs of the connected consumer

The connected consumer is a recent phenomenon, but one that has become the new normal for consumer electronics. Practically, every consumer now expects to be able to connect to the internet and engage with their technology in some way.

This isn't just about smartphones and tablets anymore. It's about wearables, home automation, and smart speakers such as Alexa or Google Home. All of these devices enable consumers to interact with technology in meaningful ways.

Brands...

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