Think Tank: This Holiday, Retailers Say Hello to Voice Commerce

#artificialintelligence 

This past summer proved to be the official tipping point for voice-first shopping for many consumers. With Amazon's Echo Dot ranking as the "best-selling product from any manufacturer in any category across Amazon globally" during Prime Day 2017 and Google Home pairing up with Wal-Mart and The Home Depot, the era of AI-assisted selling officially had its breakthrough during the first half of 2017. Additionally, according to a recent Gartner study, sales of voice-activated speakers with artificial intelligence capabilities will reach $3.52 billion by 2021, signaling that adoption of voice-enabled speakers will only continue over the next few years. Though e-commerce continues to gain ground on in-store purchasing, we are collectively a group of consumers who often use our voice throughout our purchasing journeys. Whether it is asking for a different size or color, checking if our product is in stock or simply expressing how we want to pay, we are used to these interactions.

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