Leveraging AI to Transform eCommerce: Strategies forStrugglingRetailers
Alt Text: AI Transforming eCommerce for Struggling Retailers
Title: Leveraging AI to Transform eCommerce: Strategies for Struggling Retailers
Caption: A guide on how struggling retailers can leverage AI to transform their operations.
Description: Learn how Artificial Intelligence can boost eCommerce efficiency, improve customer satisfaction, and drive profitability for struggling retailers.
International Journal of Computer Techniques – Volume 11 Issue 3, 2024
Guru Raghavendra Tumkur Kumbaiah*
*(Software Engineering Professional at a Leading Technology Enterprise and an alumnus of University of California, Haas School of Business, USA)
Email: guru_raghavendra@berkeley.edu
Abstract
The rapid advancement of technology has significantly transformed the eCommerce landscape, with Artificial Intelligence (AI) set to play a pivotal role. This article explores how AI can serve as a catalyst for struggling retailers by enhancing operational efficiency, improving customer experiences, and driving profitability. Key applications of AI in eCommerce include personalized shopping, efficient inventory management, automated customer service, and robust fraud detection. While presenting opportunities, AI integration also poses challenges such as technological investments and ethical concerns. This article emphasizes the importance of AI for the future success of eCommerce retailers, suggesting those who embrace AI will be better positioned for long-term growth and innovation.
Keywords
AI in eCommerce, Artificial Intelligence, Online Shopping, Retail, eCommerce Strategies, Customer Satisfaction
References
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- General Data Protection Regulation (GDPR), European Union (2018)
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