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AI content generation tools help create product descriptions for users to make their choices. AI can tackle fake reviews on online retail stores since fake reviews sometimes deter users from buying a product.

 

AI-powered technologies can provide accurate information that can be used in sales forecasting, which is a critical disruption opportunity. Possessing the ability or technology to accurately forecast the stock sold by a particular date and using past information of the product’s sales helps efficiently manage the inventory and save high costs. Having such planning is essential, especially if the item is perishable like vegetables and transportation tickets which will be worthless if not sold within a specific period. AI can help the sales department in making decisions about sales by providing information on parameters like the most popular and least popular item in a specific period, products that can be promoted on a particular day with success, the impact of sports and cultural events on sales, and the sales probability of getting an understanding of a short-term turnover.

 

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