Effect of Artificial Intelligence Devices on Online Shopping Spend

Proof Point

Half of consumers in PwC survey found to spend same amounts after using AI-enabled devices when shopping online in 2018, while three in ten spend less

Effect of Artificial Intelligence Devices on Online Shopping Spend

2018 (percentage of respondents)

Note: Data from PwC’s 2018 Global Consumer Insights Survey of more than 2,355 consumers across 27 countries

Proof Point Findings

  • Same Spending – 48% of respondents in PwC survey said that AI-enabled devices (e.g. Amazon Echo and Google Home) do not affect their online shopping expenditure
  • Fewer Purchases – 30% of consumers surveyed said they spend less while using AI-enabled devices, most likely due to lack of visual displays motivating impulse purchase, with only 18% experiencing increase in spending
  • Key Growth Divers – Include improving network connectivity, growing consumer adoption of AI-enabled home devices, and continuously evolving consumer shopping behavior

Accelerator

Sector

Consumer Durables, Consumer Non-Durables, Wholesale and Retail Trade

Source

Date Last Updated

June 18, 2018

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