Remittances Review

ISSN:2059-6588 | e-ISSN: 2059-6596

ISSN:2059-6588 | e-ISSN: 2059-6596

IMPACT OF ARTIFICIAL INTELLIGENCE AS A CRM TOOL IN THE INDIAN E – COMMERCE INDUSTRY IN THE POST-PANDEMIC ERA

Authors:
Mr. Diwakar Chaudhary,Dr. Subhash Kumar Verma
Keywords
Customer Relationship Management (CRM), Artificial Intelligence (AI), Indian E-Commerce Industry, Post-Pandemic, Covid-19 ,

Abstract

The Covid-19 outbreak has significantly affected the online retailing industry. Brick-and-mortar merchants were forced online to remain in business, while online retailers provided them with AI, ML, and other smart technologies to attract, engage, and transact with customers. Due to lockdown and physical distance, individuals began shopping more on e-commerce platforms, therefore companies prioritized impulsive buying. To address these issues, AI is likely to play a critical role. This study investigates numerous AI-enabled technologies and its impact on CRM in Indian retail sector post pandemic. Five AI tools (Product Recommender, Virtual Agent, Email Management, and Speech Recognition) were studied to investigate consumer awareness and its impact on CRM in online retail sector pertaining to India. The researchers employed a survey-based study approach to obtain primary data through a Google form. Consumers are aware of AI-enabled solutions, and the AI technologies under research affect CRM in the Indian retail market, especially post-pandemic. This research will add to online buying literature and help firms deploy relevant technology.

The Covid-19 outbreak has significantly affected the online retailing industry. Brick-and-mortar merchants were forced online to remain in business, while online retailers provided them with AI, ML, and other smart technologies to attract, engage, and transact with customers. Due to lockdown and physical distance, individuals began shopping more on e-commerce platforms, therefore companies prioritized impulsive buying. To address these issues, AI is likely to play a critical role. This study investigates numerous AI-enabled technologies and its impact on CRM in Indian retail sector post pandemic. Five AI tools (Product Recommender, Virtual Agent, Email Management, and Speech Recognition) were studied to investigate consumer awareness and its impact on CRM in online retail sector pertaining to India. The researchers employed a survey-based study approach to obtain primary data through a Google form. Consumers are aware of AI-enabled solutions, and the AI technologies under research affect CRM in the Indian retail market, especially post-pandemic. This research will add to online buying literature and help firms deploy relevant technology.