Sentient AI is a business that has been focusing on enhancing the performance of retailers from manufacture to customer satisfaction. The company creates programs based on artificial intelligence or AI for short.
In spite of the progress made in the field of AI, very few retailers in the world are using AI to enhance their performance. Most of them do not realize what kind of a grand effect technology can have on their businesses. It can solve just about any problem that arises in the industry of retail and significantly increases profits.
Previously, retail was done through weaving chat bots into the website in order to simulate the experience of a physical store. The operations were streamlined and repetitive. Customers were treated as one and the same individual, and strategies did not differ much from store to store.
With the rise of the AI-based software, however, that has changed dramatically. One of the most significant changes is the introduction of personalized merchandising. That allows potential buyers to experience the same online store in a completely different way based on their preferences.
Software based on AI teaches retailer about who their clients are, how they behave on their online store, what they prefer, and what they respond to best. The products created by Sentient AI makes that possible through deep learning combines with genetic algorithms, as well as an extremely swift ability to remember and assimilate the catalog of the store. The program displays several types of items and then tailors the products it presents according to the response that the potential buyer provides.
There are a vast number of advantages to personalized merchandising. For one, this new method of selling is one of the few ways in which retailer online can keep up with the ever-changing consumer behavior. People shop on the internet a lot as it is becoming increasingly easier to find good deals, browse a vast myriad of products and pick what they want to buy.
At the same time, the average consumer knows how to navigate an online store, and they also know how to jump from one to another as the options are abundant. Because of that, consumers are becoming impatient, and online retailers need to take that into account.
They have to create their site and merchandising in a way that will keep the consumer engaged, and so far AI is the best way to achieve that through personalized merchandising.