Atlanta, Georgia, May 1, 2020 – Artificial Intelligence is impacting several industries and retail has not been left behind. AI can derive significant conclusions from a large amount of data and assist companies in creating personalized shopping experiences for their clients through intelligent in-store bots, online chatbots, and highly structured web shops. Read on to understand ways in which the retail sector can benefit from AI.

Experiential retail

With e-commerce disrupting the customary brick and mortar sales channel, the retail sector will be transformed into an experiential retail model. Technological components support environments that excite and attract customers and this is beneficial for both consumers and businesses. By employing cutting-edge technology such as artificial intelligence and face recognition software, retailers can offer engaging environments and personalized offerings to their clients.

Better customer support through chatbots

AI-powered chatbots can help retail brands to engage with their customers efficiently. Brands are able to handle thousands of inquiries simultaneously and without the need of employing a large workforce. Retailers can configure chatbots to provide shopping suggestions, offer prompt support, and answer questions. When customers get personalized and prompt attention, they will deeply engage with your brand, leading to enhanced customer loyalty.

Accurate demand forecasting

Machine learning and artificial intelligence in retail can drive greater margins for retailers who are equipped with AI. This can be achieved by enabling them to quickly meet the demands of their customers. Recent reports show that by 2023, machine learning-based demand forecasting will drive revenues up to $3 billion.
Zero queues and waiting period

With novel smart checkout technologies, retailers and consumers will have zero waiting period and queues. Leading players are equipping retailers with cutting-edge technologies to accelerate the adoption of camera, voice, and Wi-Fi-enabled shopping experiences. This will result in connected shopping experiences where shoppers can avoid long checkout points and long waits.

All these scenarios are real and in the coming years, they will be experienced by all retail outlets and shoppers. With more retailers adopting AI and emotion detection system, this technology will rule the retail industry and it will help brands to become more efficient and customer-centric in their retail operations.
About IntellQ’ studio

IntellQ’ studio is an Atlanta, Georgia-based company that has 35 years of experience providing businesses and government agencies with facial recognition systems that are designed for same day roll-out and deployment. With IntellQ’ studio, you can be sure of working with experts who have a good understanding of your need and will help you develop a product or system that you will use for years to come. Furthermore, their services are prompt and affordable. ATIS engineering and sales perfectly fits the needs of your company and you can be assured of a system or product that is customized to your specifications.

Contact Information
Physical Address: ATIS LP 1005 Alderman Drive, Suite 107,
Alpharetta GA. 30005 USA
Phone Number: 1-866.871.5390, 770.664.4744
Email: [email protected]
Website: http://www.intellqstudio.com/