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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

As we've seen in this chapter, Commerce.AI's Product AI features make it easy for product teams to explore new ideas, gain insights into user behavior, and pivot rapidly. It can also help teams launch products earlier and with a stronger, data-driven approach.

One of the first places teams should use Product AI is during product discovery. Whether you're working at a small, local commerce firm or an international conglomerate, it may be wise to take some time to understand what customers actually need before diving into developing new features.

Using Commerce.AI's Product AI features during this discovery phase will give you valuable insights into customer needs and behavior, and this can inform both your product strategy as well as your feature prioritization once you have advanced your idea.

Once a product is ready for launch, Product AI can be used to optimize its performance. This means you'll be able to test ideas quickly and with minimal...

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