Infographics

The Growth of Artificial Intelligence in Ecommerce (Infographic)

Here's why artificial intelligence will be beneficial for retailers and consumers.
The Growth of Artificial Intelligence in Ecommerce (Infographic)
Image credit: KTSDesign/Science Photo Library
1 min read

From creating personalized shopping experiences to offering virtual buying assistants -- AI is improving the online shopping experience for consumers and retailers.

Shoppers will be able to easily find the best price for an item and communicate with chatbots for quick customer service. For retailers, they’ll be able to better analyze consumer data to predict future buying patterns, create autonomous replenishing systems and also save money and time on customer service by utilizing chatbots.

Related: Has Artificial Intelligence Arrived At The Sales Function Yet?

A number of companies already employ AI in their ecommerce processes today. Netflix uses AI to provide personalized recommendations to subscribers based on their previous streaming habits. Under Armour, with the help of IBM’s Watson, uses AI to help its customers track their health and fitness activities.

Over the next few years, we’ll likely see other retailers incorporate AI into their ecommerce practices as well. To learn how AI will shape the future of ecommerce, check out redstagfulfillment.com’s infographic below.

More from Entrepreneur

Terry's digital marketing expertise can help you with campaign planning, execution and optimization and best practices for content marketing.
Book Your Session

In as little as seven months, the Entrepreneur Authors program will turn your ideas and expertise into a professionally presented book.
Apply Now

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.