/plushcap/analysis/algolia/algolia-ecommerce-why-ai-personalization-matters

Summer Deal Days: Why AI personalization is crucial

What's this blog post about?

A recent survey of 1,000 U.S.-based adult consumers reveals that 26% plan to spend more on summer shopping events this year compared to last year. The top categories for shopping during these events are tech, homeware/cookware, cleaning supplies, and pet supplies. Back-to-school fashion is less popular, with only 23% of respondents planning to shop for it. However, both Millennials and Gen Z intend to cross off school supply shopping lists. The survey also found that nearly half of respondents (49%) wait for summer sales to shop for items they are already planning on buying to get a better deal or price. Despite inflation pressures, 58% of shoppers believe these sales provide the best discounts possible. Additionally, younger generations show a strong appetite for AI-driven shopping experiences, with 62% of Millennials and 57% of Gen Z interested in leveraging AI for shopping on Amazon compared to 51% of Gen X and 31% of Baby Boomers. Algolia's AI Personalization tool can help retailers deliver tailored search results and shopping experiences year-round, prioritizing consumer preferences while empowering them with control over what information is disclosed.

Company
Algolia

Date published
July 19, 2024

Author(s)
John Stewart

Word count
693

Hacker News points
None found.

Language
English


By Matt Makai. 2021-2024.