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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

Summary

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...

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