Quantifying the Impact of AI on B2C and B2B Commerce Search
Ready to revolutionize your e-commerce strategy? Download our guide now and stay at the forefront of innovation with Lucidworks and Google Cloud.
This guide demonstrates how AI, LLMs, and Gen AI can significantly enhance the e-commerce customer journey. We focus on applying typical lift, return, cost reduction, and other outcome measures to both B2C and B2B commerce. Read this guide to discover the art of measuring and quantifying the impact of AI:
- Understand industry-specific KPIs
- Collect qualitative and quantitative metrics and analytics
- Conduct experimentation and testing to isolate and prove impact
- Utilize attribution modeling to track influence across the user journey
- Formulate economic impact metrics such as ROI
Customers could engage in natural, dialogue-based interactions, leading to a 25% increase in sales transactions due to reduced purchase friction.
Download our comprehensive guide now to unlock the full potential of AI in e-commerce and stay at the forefront of innovation.
