By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
HellenicHellenic
  • Media
  • Travel
  • Property
  • Business
  • History
  • News
  • Food
  • Technology
Search
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Black Friday: How artificial intelligence revolutionized shopping
Share
Sign In
Notification Show More
Aa
HellenicHellenic
Aa
  • Media
  • Travel
  • Property
  • Business
  • History
  • News
  • Food
  • Technology
Search
  • Media
  • Travel
  • Property
  • Business
  • History
  • News
  • Food
  • Technology
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Hellenic > Blog > Technology > Black Friday: How artificial intelligence revolutionized shopping
Technology

Black Friday: How artificial intelligence revolutionized shopping

Hellenic
Last updated: 2023/10/14 at 6:10 PM
Hellenic
Share
5 Min Read
Black Friday: How artificial intelligence revolutionized shopping
SHARE

Personalized shopping recommendations

AI algorithms allow marketers to provide personalized suggestions to consumers based on their past purchases, browsing history and preferences. So, prospects see priority products that align with their preferences and needs, whether they are looking for home equipment in the brochure Ikea Black Friday whether for a sophisticated smartphone or a Smart TV.

Contents
Black Friday, a commercial custom that began in the United States and has become established around the world, is a true celebration of consumerism. We will then look at the role of artificial intelligence in the offers of this special day and how it has revolutionized the way we shop. Every year, on the fourth Friday of November, following Thanksgiving in the US, stores, especially large chains, offer big discounts in specific species. Traditionally, the media has shown footage of endless queues of people and would-be buyers jostling to prevent someone else from taking the coveted product off their hands. In recent years, however, both advertising and marketing as well as the sales of large companies is mainly done onlineusing the possibilities offered by Artificial Intelligence (AI) to improve consumer experience and increase store profits. Personalized shopping recommendationsDynamic pricingChatbot for customer supportStock managementPreventing and countering online fraudVirtual testing and augmented realityRelated Tags

Dynamic pricing

The dynamic and AI-driven pricing has become a common practice among merchants during Black Friday. AI algorithms constantly monitor demand, inventory levels and competitor prices in real time, allowing stores to adjust their pricing accordingly. This means that consumers can find products at competitive prices and traders can optimize their profits.

Chatbot for customer support

For several days before and after Black Friday, customer service departments receive a deluge of questions and requests. The chatbot with artificial intelligence they are increasingly used to manage routine customer interactions, answer frequently asked questions and help track orders. They are available 24 hours a day, provide buyers with immediate assistance and reduce the need for trained manpower.

Stock management

One of the challenges retailers face during Black Friday is managing their inventory effectively. The inventory management systems based on artificial intelligence can predict demand patterns and help retailers ensure they have enough inventory to meet customer needs without excess unsold inventory. TN minimizes the possibility of running out of some popular products and allows optimization of the supply chain operation.

Preventing and countering online fraud

As online shopping becomes more and more popular during Black Friday, the risk of fraudulent transactions rises. AI-based fraud detection systems can analyze transaction data in real-time to identify and block suspicious activity.

Virtual testing and augmented reality

Artificial intelligence has brought innovation to the consumer goods industry by enabling experiences mock test and used purchases augmented reality (AR). Consumers can use their smartphones or computers to try on virtual clothes, accessories or makeup before making a purchase decision. This not only improves the online shopping experience but it also reduces returnsbenefiting both consumers and merchants.

As Black Friday continues to evolve and adapt to changing consumer preferences and technological advances, artificial intelligence will likely play an even more important role in improving the overall shopping experience. Consumers can look forward to a more personalized, efficient and secure shopping experiencewhile marketers can take advantage of this consumer frenzy and reach a wider audience through the power of artificial intelligence.

Related Tags

Artificial Intelligence markets

You Might Also Like

Apple plans to “open” its AI models to third parties for software development

Two new services have been announced by Rakuten Viber in Greece

In the Black Sea with a steamer from Ithaca

Powder from Sahara is expected to cover Crete Friday Friday

Tiktok’s reaction to Commission’s research on ads on the platform

TAGGED: artificial, Artificial Intelligence, Black, Friday, intelligence, markets, revolutionized, shopping

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Hellenic October 14, 2023 October 14, 2023
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Two fugitives were arrested in Thessaloniki Two fugitives were arrested in Thessaloniki
Next Article A country's electricity will be consumed by artificial intelligence until 2027 A country’s electricity will be consumed by artificial intelligence until 2027
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
11.6k Followers Pin
56.4k Followers Follow
136k Subscribers Subscribe
4.4k Followers Follow
- Advertisement -
Ad imageAd image

Latest News

Another impressive trailer for the movie "F1" with Brad Pitt
Another impressive trailer for the movie “F1” with Brad Pitt
Media May 28, 2025
Major Fire Fire: On June 3 the decision of the Court of Appeal
Major Fire Fire: On June 3 the decision of the Court of Appeal
News May 28, 2025
Eurovision 2025: Tonight the first semifinal with the participation of Cyprus
Eurovision 2025: Tonight the first semifinal with the participation of Cyprus
Media May 28, 2025
Youth Pass: Over 147,000 applications for new beneficiaries aged 18-19
Youth Pass: Over 147,000 applications for new beneficiaries aged 18-19
Business May 27, 2025
//

Welcome to Hellenic, your premier source for the latest Greek news and information, all delivered in English.

Quick Link

  • Privacy Policy
  • Terms and Conditions
  • Disclaimer

Company

  • About Us
  • Contact Us
  • Advertise with Us

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

HellenicHellenic
Follow US
Copyright ©️ 2023 Hellenic | All rights reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?