City
Epaper

67% say AI use can increase sales by online retailers: Survey

By IANS | Updated: December 18, 2019 16:25 IST

When it comes to technologies like automation and Artificial Intelligence (AI), 67 per cent people say the prospect of AI being used to increase sales and profits by online retailers, if that use resulted in a better customer experience, said a new survey on Wednesday.

Open in App

Software giant Adobe, along with YouGov surveyed over 7,000 respondents from various markets in JAPAC region including India, Australia, China, Malaysia, Thailand and Singapore to provide online retailers with key insights around the purchasing preferences of modern-day customers.

"As personalisation becomes vital towards unlocking the customer experiences of the future, there is a growing need for brands to augment and deepen customers' end to end engagement journey across the spectrum, and make it more meaningful and appealing for long term engagement," Nicholas Kontopoulos, Head of APAC Digital Experience Commercial Marketing, Adobe, said in a statement.

According to the software major, 56 per cent people are more likely to buy from retailers using AI capabilities as long as they offer low prices, excellent customer service and online experience.

Titled "Listen: A Magento Meaningful CX Series", the survey underpins the ever-increasing importance of customer experiences for brands looking to stay ahead in the hyper competitive online retail space.

Further, almost one-third the consumers or 31 per cent respondents said they were happy to get product suggestions

basis their search history underlining the growing need for personalisation.

Meanwhile, for online retailers, it's no longer a simple case of bricks vs clicks anymore. While price remains a

key determinant, the study suggests that online retailers need to focus on developing seamless, enriching customer experience strategies to engage modern customers.

Fifty one per cent of the surveyed customers said it's important for websites to work well on smartphones.

Underscoring the importance of accessibility, half the consumers (50 per cent) said they would choose to buy from a retailer if their website is easy to use and navigate while 47 per cent would do so if it loads quickly.

Almost half (46 per cent) of Indian customers prefer engaging with a retailer online for the second time if loyalty schemes are extended this is only behind Singapore (53 per cent) in the entire APAC region.

( With inputs from IANS )

Tags: ApacAdobeindiasingapore
Open in App

Related Stories

CricketIndia vs South Africa 2025 Schedule: Full List of Matches, Dates, Venues and Fixtures

TechnologyOpenAI Offers ChatGPT Go Free for a Year in India; Check All the Features Users Can Now Access

NationalGolden Power: Indian Women Now Hold 24,000 Tonnes of Gold, Outshining Global Investors

MumbaiMumbai Man Pursuing PhD in US Booked for Sexually Abusing Woman on False Promise of Marriage

LifestyleCreative Rangoli Designs for Dhanteras and Diwali 2025 to Welcome Goddess Lakshmi

टेकमेनिया Realted Stories

TechnologyCommerce Secretary Rajesh Agrawal holds talks on India–Eurasian FTA in Moscow

TechnologyIndia’s youthful energy and Korea’s technology a win-win combination: Hardeep Puri

TechnologyEight of India’s top 10 firms add over Rs 2 lakh crore in value last week

TechnologyServices PMI, foreign reserve, infra output data to drive market sentiment next week

TechnologyBihar poll results: Stock markets to react positively, say analysts