One Fifth Of Consumers ‘Have Already Used Generative AI’ When Shopping

The What Matters to Today’s Consumer report found that of those that have used generative AI tools, around half state that it has ‘notably enhanced’ the experience.

The study also noted that generative AI can help to improve retailers’ operating efficiency, with close to eight in ten retail organisations stating that genAI can help improve internal operations and enhance facility maintenance.

Retailers have also stated that they plan to use generative AI in logistics functions, such as route optimisation, operations management and supply chain optimisation, the study found.

A headline finding from the report indicates that 43% of consumers fear that their personal finances will worsen over the next few months, compared to 80% who felt that way a year ago.

In addition, two thirds of respondents (65%) indicated that they expect retailers to alert them about shrinkflation and skimpflation, while close to three quarters (73%) say that they will be ‘more loyal to retailers that help them through challenging times.

ESM