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Artificial Intelligence Driven Shopping
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Some of the AI based retail strategies that a company can take are:
- Predictive analytics on customer behavior e.g. peak season buying pattern, recommendation engines,
- Advanced Fulfilment center replenishment based on season, consumerism, political changes, current affairs/ events etc.
- AI based intelligent Marketing by learning market behavior impacted by geopolitical and current events
- Adaptive Consumer interaction patterns by introducing more user friendly and smart shopping options e.g. using face recognition to judge user behavior, adding EQ to the experience etc.
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