AI Improving Search, Naturally, and Other Takeaways from Legends of Commerce Hosted by Coresight Research

Retail Legends Gather

On December 3rd, 2024, retail leaders gathered during the peak of Cyber Week in the Wunderkind office at World Trade Center (whoof, say that 5x fast!) to discuss the hottest topics in retail today at Legends of Commerce.

Was AI on the agenda? AI-bsolutely!

At the event, executives from Coresight Research, Ken Pilot Ventures, New Balance, Todd Snyder, Wayfair, Tractor Supply Co., Bayer, Lily AI, and many more delved into the transformative impact of AI and the future of technology-powered retail.

During the discussion, Coresight highlighted the 110% income growth CORE opportunities to improve operating income and profitable lift:

• Create New Business
• Optimize Operations
• Reinvent the Supply Chain
• Enhance Customer Experiences

The Attribution Effect

Enhanced, AI-powered product attributes that capture natural customer language and reflect the consumer perspective optimize not just e-commerce and search advertising but the entire retail value chain.

Yet nowhere is the impact of optimized product attributes felt as quickly as in the fourth CORE pillar above: enhancing customer experiences.

In the session, AI Improving Search, Naturally, Lily AI president Ahmed Naiem shared how AI is transforming search capabilities to deliver more intuitive, personalized, and efficient consumer experiences. From Google to On-Site Search and everything in between.

Up Next: NRF

The Lily team returns to NYC after the holidays for retail’s biggest show of the year: The NRF Big Show.

Learn more about how Lily is spearheading today’s AI and search transformation at NRF, from our showcase in the Innovation Lab to joint demos with Algolia and our session “Your customers are talking, are you listening?” with Akeneo.

Get the full NRF scoop here!