Emerging Roles of Artificial Intelligence in Ecommerce
Emerging Roles of Artificial Intelligence in Ecommerce
Emerging Roles of Artificial Intelligence in Ecommerce
Volume 4 Issue 5, August 2020 Available Online: www.ijtsrd.com e-ISSN: 2456 – 6470
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International Journal of Trend in Scientific Research and Development (IJTSRD) @ www.ijtsrd.com eISSN: 2456-6470
Customer Relationship Management, then you are living in automation is that it helps the businesses by allowing them
the world, which has long passed. In today’s date with the to understand what their customers want despite the time
help of Artificial Intelligence, one can gather a wide range of gap/constraint. With the help of Artificial Intelligence, sales
information data, evaluation to make sure that the best-in- representatives from across the globe can connect easily and
class services are given to the potential customers. It has work together and connect with customers as much as
only become possible with the help of AI that one can easily possible to ensure the best customer experience and high
transfer, use and share huge volumes of data which is used sales [8].
for observing the customer buying trends, choices, factors
which affect their buying decision, etc so that proper and G. AI is everywhere
secure engagement can be ensured. CRM is a very important Considering the development and involvement of Artificial
part in the ecommerce industry because it is trough the CRM Intelligence in the ecommerce industry, it can be said that by
platform only that one can study the customer’s buying the end of 2021, about 90% of the customer interactions will
trends, etc in detail to form best and profiting predictions for be dealt and handled without the humans. Acknowledging
better accuracy and better results [6]. the innovation and development which AI has bought in the
field of ecommerce, it can be said that business will see a
C. Artificial Intelligence helps to achieve the sales drastic positive change like never before. Ecommerce portals
goals such as eBay, Flipkart, Amazon, etc is making use of the
There is no hiding to the fact that if the sales are on the right Artificial Intelligence effective to grow their business [3].
path, they can make the world go ound and also ecommerce
is a field which is all dependent on sales. This is the reason ARTIFICIAL INTELLIGENCE IS USED FOR FORECASTING
why Artificial Intelligence is used here as it can help the THE SALES
ecommerce companies to find a clear perspective which can One of the most significant and common uses of Artificial
ensure higher sales and a whole customer journey process. Intelligence is that, it can help in sales forecasting buy
The experts of AI- “Data scientists” and “Data Analytics” day helping people and experts to analyze huge volumes of
that if one is looking forward to pitch higher sales for higher customer data so that one can get useful and proper insights
properties, then AI can help one to achieve the same by regarding the same. The reasons why it is better to make use
generating better insights and forecasts at both micro and of Artificial Intelligence is that, if a person would be doing
macro levels in the sales trends. With the help of the right such work, then it is natural for him/her to take many days
use of Artificial Intelligence, all the ecommerce companies and hours, at times even months. Therefore, to save time and
can use their resources to the best and come up with some resources, AI is used for such purposes.
healthy pipelines ideas which can fetch better and profitable
sales [2, 3]. AI IS USED TO PRESENT THE BEST OF SERVICES AT
ECONOMIC COSTS
D. Product content management (PCM) Artificial Intelligence can help ecommerce companies to do
The primary goal of every ecommerce company is to provide away with redundancies by simply automating the usual
the best customer experience to all their clients and this is processes so that personalized marketing can be offered.
what AI helps them to achieve. Starting right from the This can be better understood with the simple and
cataloguing, designing the products to making sure that the commonly used example of a chatbot. By now, we suppose
customer is having the best experience. It can be said that it that all the people must of aware of the great benefits these
is the Artificial Intelligence itself which helps people in the chatbots brings to the business by helping them to save a lot
ecommerce industry to come up with the best and quality of money in customer service.
PCM (Product Content Management) [7]. Chatbots make sure that the response time of the e-
commerce increases.
E. Customer Service Allow the agents can get enough time to perform other
For every ecommerce business irrespective of its shape and important and tough tasks.
size, customers are its blood and backbone. Therefore, it is These chatbots can help to address almost 90% of the
very important to ensure that your customers are having the regular questions asked by the customers.
best of facilities and experience with you. Artificial
Intelligence is actually that options which can help you USE OF ARTIFICIAL INTELLIGENCE WILL HELP
achieve all of it so that you can always be in the good books ECOMMERCE COMPANIES TO IMPROVE CUSTOMER
of your customers. It is finally the AI which can help the SATISFACTION AND ENSURE HIGHER SALES
company to get started on the path of perfect and brilliant The right use of Artificial Intelligence cannot only help you
customer service. With Artificial Intelligence one can know improve the customer experience but also help the
about the satisfaction of the customers and how to address ecommerce companies in conversational commerce? Besides
the needs and requirements of the customers irrespective of these services, AI helps in real-time human interaction
the time and situation. One should note that if the customer between the client and the customer via messengers,
service of a business is great then it is going to yield huge chatbots, voice-chats and so much more. With the use of
volumes of profiting sales. Artificial Intelligence helps people Artificial Intelligence smart services are created in which the
to construct such a balanced environment in which a man technology ask customers the questions and based on their
and the machine work together to achieve profit and sales. answers, offer the right and customized recommendations
which are tailor-made to their expectations and
F. AI helps in automation requirements. It is with these high levels of customer
Most people think that by the word automation we mean to satisfying experience which helps the ecommerce businesses
say that the robots are going to take over all the things which to pitch higher and profitable sales. This can be explained
are performed by humans. However, the actual meaning of better with the example of Ebay’s shopbot interacts with the
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International Journal of Trend in Scientific Research and Development (IJTSRD) @ www.ijtsrd.com eISSN: 2456-6470
customers and then suggest customers the best deals by SSRN: https://ssrn.com/abstract=3629063 or http://d
understanding their preferences. The chatbot of the very x.doi.org/10.2139/ssrn.3629063
famous Starbucks brand is available for the use of customers
[3] Mohammad, Sikender Mohsienuddin, Artificial
in its official application. It is with this chatbot that placing
Intelligence in Information Technology (June 11,
the order at Starbucks has become so easy and it is designed
2020). Available at
to interpret voice commands and text messages as well.
SSRN: https://ssrn.com/abstract=3625444 or http://d
Another brand using the chat is the world-famous pizza
x.doi.org/10.2139/ssrn.3625444
brand- Pizza Hut. The chatbot of Pizza Hut allows customers
to keep a track on their order, know about the latest deal and [4] Soni, Vishal Dineshkumar, Challenges and Solution for
also reorder the same. Artificial Intelligence in Cybersecurity of the USA (June
10, 2020). Available at SSRN:
ARTIFICIAL INTELLIGENCE CAN GREATLY HELP IN https://ssrn.com/abstract=3624487 or
MARKETING http://dx.doi.org/10.2139/ssrn.3624487
Marketing is one of the most important parts of the process
[5] Kar, R., & Haldar, R. (2016). Applying Chatbots to the
through which one can get higher sales. What if we tell you
Internet of Things: Opportunities and Architectural
that Artificial Intelligence can greatly help in your business
Elements. Inter. Journal of Advanced Computer Science
marketing? The only factor which is responsible for the
and Applications 7(11), 147–154.
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complete understanding of the customers. The AI is one of [6] Kříž, J. (2017). Chatbot for laundry and dry cleaning
the smartest ways to understand the needs and expectations service. (tesis de maestría). Masaryk University, Brno.
of the customers and this is why ecommerce companies
[7] Sota, S., Chaudhry, H., Chamaria, A. and Chauhan, A.
prefer to use Artificial Intelligence for their marketing [9-
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CONCLUSION
Online: May 21, 2018.
The benefits of Artificial Intelligence are way more than the
https://doi.org/10.1080/15332667.2018.1440148.
one mentioned above. Understanding that Artificial
Intelligence can help people excel in their high sales and [8] Trappey, A. J. C. and Trappey, C. V., 2004, “Global
customer relationships in the ecommerce business, day by content management services for product providers
day people are getting more drawn towards AI. Keep reading and purchasers,” Computers in Industry, Vol. 53, pp.
our blogs and articles for more information on what is the 39-58.
role of Artificial Intelligence in ecommerce and other
industries as well. [9] Mohammad, Sikender Mohsienuddin, AI Automation
and Application in Diverse Sectors (January 2, 2020).
ACKNOWLEDGMENTS International Journal of Computer Trends and
Author is grateful to Campbellsville University for providing Technology (IJCTT) – Volume 68 Issue 1 - Jan 2020.
infrastructure to carry out the present investigation. Available at
SSRN: https://ssrn.com/abstract=3630577
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