#278 - Everything You Need To Know About AI x Commerce

0 Views· 06/07/23

Episode brought to you by Trend & Finaloop.<br /><br />On this episode of DTC POD, Frank joins blaine to chat about how e-commerce companies can use AI models to personalize the shopping experience for each individual shopper. They talk about how ML automation and AI can enrich the product side by considering factors such as color, category, and weight to predict the behavior of shoppers in real time. They discuss the importance of having good data management and collecting as much non-PII customer event data as possible which will make them more agile and competitive in leveraging AI components later on, and thinking deeply about product catalog attributes and categories. Key themes discussed include:<br />1. Personalized shopping experiences2. Advancements in AI and ML3. Making AI accessible to all4. Language models for consumer use cases5. AI for e-commerce conversion optimization6. Importance of human oversight in AI7. Importance of data management for AI<br />Timestamps[00:05:04] Recent surge in AI due to generative models; open AI major player.[00:09:38] Prediction and automation are ultimate goals with countless use cases.[00:14:26] XGen AI enables user-controlled ML systems for transparency and democratization.[00:20:50] E-commerce requires AI-powered tools to optimize customer experience for product recommendations.[00:28:51] User prediction pipelines create personalized shopping experiences that adapt to activities.[00:34:04] Data organization for Shopify Plus crucial for ML; deep analysis important.[00:41:05] Focus on partnerships for ML education; customize services; AI should automate repetitive interactions.[00:46:36] Need for accessible education on AI tools for the average person.<br /> Shownotes powered by Castmagic<br />P.S. Get our pod highlights delivered directly to your inbox with the DTC Pod Newsletter! Episode brought to you by Finaloop, the real-time accounting service trusted by hundreds of DTC Brands. Try Finaloop free - no credit card required. Visit finaloop.com/dtcpod and get 14 days free and a 2-month P&L within 24 hours.Past guests & brands on DTC Pod include Gilt, PopSugar, Glossier, MadeIN, Prose, Bala, P.volve, Ritual, Bite, Oura, Levels, General Mills, Mid Day Squares, Prose, Arrae, Olipop, Ghia, Rosaluna, Form, Uncle Studios & many more.Additional episodes you might like:• #175 Ariel Vaisbort - How OLIPOP Runs Influencer, Community, & Affiliate Growth• #184 Jake Karls, Midday Squares - Turning Your Brand Into The Influencer With Content• #205 Kasey Stewart: Suckerz- - Powering Your Launch With 300 Million Organic Views• #219 JT Barnett: The TikTok Masterclass For Brands• #223 Lauren Kleinman: The PR & Affiliate Marketing Playbook• ​​​​#243 Kian Golzari - Source & Develop Products Like The World's Best Brands-----<br />Have any questions about the show or topics you'd like us to explore further?<br />Shoot us a DM; we'd love to hear from you.Want the weekly TL;DR of tips delivered to your mailbox?<br />Check out our newsletter hereFollow us for content, clips, giveaways, & updates!DTCPod Instagram<br />

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