We outline the market outlook for AI-powered search and recommendation engines in retail grocery — from investment trends, to leading companies, to recommendations for players in the space.
What are AI-powered search and recommendation engines?
Artificial intelligence (AI)-powered search and recommendation engine companies develop personalized online search and recommendation solutions for grocery retailers and brands.
These solutions predict and feature hyper-relevant products based on individual preferences, allow online merchandising, and personalize the customer journey to increase online conversion rates and overall customer satisfaction.
Features & capabilities
AI-powered search and recommendation engines provide grocery retailers with a number of capabilities, including the following:
- Software-as-a-service-based, API-driven platform with advanced user experience management
- End-to-end personalization
- Real-time reporting of clicks and sales tracking
- AI-powered image recognition