
AI Drives Transformation in Shopping Journeys
Consumers are increasingly integrating AI into their shopping journeys, a trend that is rapidly accelerating. Salesforce predicts that AI-powered tools will account for 21% of global holiday orders this year, amounting to approximately $263 billion, up from 19% and $229 billion last year.
Three key factors are driving this growth. First, advancements in AI technology are enhancing consumer experiences. Second, retailers are leveraging AI tools to increase efficiency. Third, consumers are expecting more personalized shopping experiences through AI.
AI tools, including retailer assistants like Amazon's Rufus and Walmart's Sparky, are available in various forms. These tools help provide personalized recommendations and streamline the shopping process for consumers.
This shift is significantly impacting the retail industry, with companies striving to maintain competitiveness by utilizing AI. It also contributes to providing consumers with better shopping experiences.