CONNECT WITH US
eCommerce

eCommerce

The end of the grocery list? How AI will learn to shop for the household

Inside Retail Australia logo

Published on

Add as a preferred source on Google
The end of the grocery list? How AI will learn to shop for the household

As artificial intelligence moves closer to making household purchasing decisions, EY research suggests consumers are willing to hand over more responsibility – but only when the technology understands their needs and reduces the mental load of shopping.

For retailers and FMCG manufacturers, success will increasingly depend not only on persuading consumers to buy, but on ensuring AI understands, evaluates, and recommends their products.

EY’s report, What Happens When Shoppers No Longer Do the Shopping?, finds that while cheaper groceries and faster transactions will drive adoption, shoppers also value personalisation, convenience, and technology that simplifies onerous household decisions. 

Richard Rome, associate partner, consumer industry at EY, says the implications extend well beyond the digital shopping basket.

“Grocery shopping appears simple: Make a list, go to the store, choose items and pay. But beneath that are dozens of decisions – what to cook, what is already in the cupboard, what the family will eat, what is healthy, good value, sustainable and unlikely to go to waste,” Rome says.

“Each decision may be manageable on its own, but together they create a significant mental load and, for many people, genuine decision fatigue.”

That is where AI could play a much bigger role than simply automating a transaction or saving a few minutes. It could become a household decision aid, he argues.

One of EY’s clearest findings is that consumers want AI to understand more than their shopping history.

Some 26 per cent want AI to understand their personal needs and preferences, while a similar proportion want help making healthier choices.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.