How Global Retail Brands Use AI to Personalize Consumer Experience

How Global Retail Brands Use AI to Personalize Consumer Experience

Proof Point

Two in five retailers surveyed by Salesforce and Deloitte Digital used artificial intelligence (AI) to tailor pricing and promotions in real-time, as well as provide relevant search results in 2018

How Global Retail Brands Use AI to Personalize Consumer Experience

2018 (percentage)

Note: Data from Salesforce and Deloitte Digital’s survey of 550 brand leaders worldwide last January 2018

Proof Point Findings

  • Top AI Use in Retail – 40% of respondents in Salesforce and Deloitte’s joint study use AI in retail for tailoring prices and promotions in real-time, as well as providing relevant search result in 2018
  • Personalization and Curation – 39% of brand leaders surveyed also use AI to personalize content across all channels, while 34% curate products consumers are mostly looking for in 2018
  • Key Growth Drivers – Include continuously evolving consumer shopping behavior, growing demand for personalized products and services, and intensifying competition

Accelerator

Business Model and Practices

Business Model
and Practices

Sector

Wholesale and Retail Trade

Source

Date Last Updated

January 22, 2019

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