AI Articles and Reports in Consumer goods

Explore articles and reports related to artificial intelligence in consumer goods, including coverage of electronics, fashion, retail, and more.

Augmented Reality Shopping and Artificial Intelligence - Near-Term Applications 2

Augmented Reality Shopping and Artificial Intelligence – Near-Term Applications

AI is finding itself in the physical retail space by way of augmented reality, or AR. Research and Markets estimated the size of the AR in retail market around $1.155 billion in 2018. As of now, numerous companies claim to provide AR support to shopper experiences in a variety of industries, including automotive and fashion.

Virtual Mirrors and Computer Vision - Current Applications 2

Virtual Mirrors and Computer Vision – 9 Current Applications

According to a Deloitte study, 90 percent of worldwide retail sales are still done in physical stores. To compete with the convenience and endless aisle assortment offered online, this research suggests that meaningful customer experiences and brand engagement is crucial.

How Recommendation Engines Actually Work - Strategies and Principles

How Recommendation Engines Actually Work – Strategies and Principles

Episode Summary: When we think of recommendation engines, we might think of Amazon or Netflix, but while consumer goods and entertainment might be the most prominent domains for recommendation engines, there are others. This week, we speak with Madhu Gopinathan of MakeMyTrip, one of the few Indian unicorn companies, about recommendation engines for travel companies.

AI for Speech Recognition - Current Companies, Technology, and Where Its Headed 1

AI for Speech Recognition – Current Companies, Technology, and Trends

Speech recognition is technology that can recognize spoken words, which can then be converted to text. A subset of speech recognition is voice recognition, which is the technology for identifying a person based on their voice.

Personalized Marketing with AI - 8 Current Applications

Personalized Marketing with AI – 8 Current Applications

In a study from Researchscape International, 74 percent of 300 marketers surveyed said personalization in this field has strongly helped their clients or companies in advancing customer relationships. It also found that 54 percent said their clients or companies experienced a 10 percent increase in sales, while 13 percent of marketers surveyed reported a more than 30 percent lift.

Recommendation Engines for Fashion - 6 Current Applications 4

Recommendation Engines for Fashion – Comparing 6 Applications

In 2013, a McKinsey report noted that over 85 percent of Amazon sales revenue was generated from personalized recommendations. Since then, the use of personalized recommendations has grown. On average, today’s personalized recommendations account for 27-percent of retail site revenue, according to a recent Salesforce report. 

Consumer goods

Explore articles and reports related to artificial intelligence in consumer goods, including coverage of electronics, fashion, retail, and more.