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2024 | OriginalPaper | Buchkapitel

Artificial Neural Networks for Enhancing E-commerce: A Study on Improving Personalization, Recommendation, and Customer Experience

verfasst von : Kamal Upreti, Divya Gangwar, Prashant Vats, Rishu Bhardwaj, Vishal Khatri, Vijay Gautam

Erschienen in: Innovations in Electrical and Electronic Engineering

Verlag: Springer Nature Singapore

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Abstract

With e-commerce companies, artificial intelligence (AI) has emerged as a crucial innovation that allows companies to streamline processes, improve customer interactions, and increase operational capabilities. To provide tailored suggestions, address client care requests, and improve inventory control, AI systems may evaluate consumer data. Moreover, AI can improve pricing methods and identify fraudulent activity. Companies can actually compete and provide better consumer interactions with the growing usage of machine learning in e-commerce. This essay examines how AI is reshaping the e-commerce sector and creating fresh chances for companies to enhance their processes and spur expansion. AI technology which enables companies to enhance their procedures and offer a more individualized customer experiences has grown into a crucial component of the e-commerce sector. Purpose of providing product suggestions and improve pricing tactics, intelligent machines may examine consumer behavior, interests, and purchase history. Customer service employees will have less work to do as a result of chatbots powered by artificial intelligence handling client queries and grievances. AI may also aid online retailers in streamlining their inventory control by anticipating demands and avoiding overstocking. The use of AI technologies can also identify suspicious transactions and stop economic losses. AI is positioned to assume a greater part in the expansion and accomplishment of the e-commerce sector as it grows in popularity.

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Metadaten
Titel
Artificial Neural Networks for Enhancing E-commerce: A Study on Improving Personalization, Recommendation, and Customer Experience
verfasst von
Kamal Upreti
Divya Gangwar
Prashant Vats
Rishu Bhardwaj
Vishal Khatri
Vijay Gautam
Copyright-Jahr
2024
Verlag
Springer Nature Singapore
DOI
https://doi.org/10.1007/978-981-99-8661-3_11