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The Business of Fashion Podcast

Can AI Make Shopping Online Less Annoying?

The Business of Fashion Podcast

The Business of Fashion

Fashion & Beauty, Business, Arts

4.6770 Ratings

🗓️ 29 October 2024

⏱️ 24 minutes

🧾️ Download transcript

Summary

Online shopping promises convenience, but finding the right product among thousands – or hundreds of thousands – of options can often feel like a chore. To address this, retailers are experimenting with AI tools that aim to cut through the clutter with improved search capabilities and personalised shopping experiences. These models don’t just match keywords; they understand user intent and interpret complex search terms, moving closer to a more personal shopping experience online.


“Search works really well when you know specifically what you're looking for,” senior technology correspondent Marc Bain notes, “but there’s potential for AI to bridge that gap when you don’t.”


This week on The Debrief, BoF executive editor Brian Baskin and senior correspondent Sheena Butler-Young sit down with Bain to explore how AI is transforming e-commerce.


Key Insights: 


  • New AI search tools are evolving past traditional keyword searches, enhancing users’ ability to find what they’re looking for online with greater ease. “These large language models could change search in a way that you can interact with it more naturally,” explains Bain. With AI’s advanced understanding of nuanced searches like “what should I wear to Burning Man?”, these systems can now deliver results based on context, location, and style preferences, making online shopping a more seamless, intuitive experience.


  • AI in e-commerce aims to serve as an attentive, personalised assistant, but brands face the challenge of enhancing the customer experience while maintaining a respectful distance in the digital space. AI must fall on “the right side of the line between concierge and creepy,” Baskin explains. "The ideal is having an online sales associate … where it doesn’t feel like … it’s just throwing products at you to see what sticks,” continues Bain. 


  • The goal of AI in e-commerce is to make shopping more intuitive by simplifying search. As Bain notes, “search is notoriously terrible on retail e-commerce sites,” highlighting the need for improvement. However, despite these advancements, consumers may remain hesitant to fully trust AI-driven recommendations. Bain reflects this sentiment, adding, “I would probably look at what it says and then still go do my own research because I don’t fully trust it.” 


Additional Resources:



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Transcript

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0:00.0

Hello and welcome to the debrief from The Business of Fashion, where each week we delve into our most popular BOLF professional stories with the correspondents who created them.

0:16.8

I'm executive editor Brian Baskin.

0:18.9

And I'm senior correspondent, Sheena Butler Young.

0:22.0

When we talk about e-commerce, we often talk about convenience.

0:25.4

And it's true that it's easier to buy something with a few mouse clicks than to get in your car and drive to a store and hope they have it in stock.

0:33.3

But it's not exactly the case that shopping online is easy or even all that convenient,

0:38.7

depending on what you want to buy.

0:40.9

Finding exactly what you want among the thousands of items a typical brand sells is

0:45.6

definitely not easy, and the tools that retailers provide don't make it all that convenient

0:50.6

either.

0:51.8

Nobody likes fiddling with category filters and product recommendations

0:55.5

can seem way off base and most of the time you can basically just forget about the search

1:00.6

bar on a retailer's website. Retailers are experimenting with artificial intelligence to try to solve

1:06.4

these problems, some of which have been around as long as the internet. Joining us today is BOF correspondent Mark

1:12.6

Bain, who's been reporting on these developments. Hi, Mark, and welcome to the debrief podcast.

1:17.7

Hi, very happy to be here. Happy to have you. So before we dig in, Sheena, Mark, I want to hear where

1:24.0

you two fall on the AI hype train generally. I am personally a fan of AI.

1:29.6

I'm fully on the AI hype train.

1:31.2

I think it helps us do, if you're really good at something, it can help you do it a lot better.

1:35.6

And I'm a fan of it that way, as long as it's not a one-to-one replacement for what humans can do really well.

1:40.7

Mark, what about you?

1:42.0

So I get to be annoying tech correspondent guy here.

...

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