Summary
In this chapter, we've explored how AI has the potential to help luxury brands overcome key product-related challenges, including brand and social media management, meeting eccentric customer preferences, and standing out amid an increasingly competitive market.
In a traditional product intelligence environment, analysts must manually sort through copious amounts of data to find market opportunities, analyze competitors, and create innovative new products.
With an AI solution, billions of products data points can be analyzed effortlessly to create a competitive advantage in the luxury market. By understanding challenges and AI-based solutions in the luxury market, you can begin to see how AI can be useful for any product team.
In the next chapter, we'll explore how to apply AI for innovation in the wireless networking space. As with luxury brands, wireless networking firms face a unique set of product-related challenges, which can be addressed with AI due...
