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Generative AI in ecommerce

Generative AI has taken the world by storm after the explosion of ChatGPT in the first half of 2023. What does this mean for the ecommerce landscape?

  1. 📱 Personalized Recommendations - by analyzing our buying patterns and demographic infos. (better recommendations means better sales)

  2. ⭐️ Product Development - where new products and designs are created based on reviews and social preferences

  3. 🗨️ eConversational Commerce - similar to AngelKart where chatbots can tell the best things to buy according to our conversations.

  4. 🪞 Visual Options - like virtual try on and search that can use augmented reality for a more fun shopping experience.

  5. 🔎 Fraud Detection - where payment fraud and account takeovers can be identified with AI

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