Adobe Analytics: In June, 41% of U.S. consumers used generative AI for online shopping, with AI-driven visitors showing a 41% higher revenue conversion rate.
Reuters reported on August 7 that Adobe Analytics data showed 41% of U.S. consumers used generative AI for online shopping in June. Visitors driven by AI services generated 41% more revenue per visit than traditional channels. Ulta Beauty (ULTA) stated that shoppers driven by Google Gemini and ChatGPT had approximately twice the conversion rate and purchase intent compared to other channels. OpenAI stopped its standalone instant checkout tool in March, shifting its focus to product discovery, with merchants handling the checkout process themselves. Etsy (ETSY) said shoppers can discover products through ChatGPT but usually return to Etsy to complete transactions.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
WTI crude oil rose 3.23% from its previous close, currently trading at $89.034
-
2
Gold fell 2.66% from its previous close, currently trading at $3,881.04.
-
3
The yield on the 30-year US Treasury bond rose by about 8 basis points from the previous close, currently standing at 5.44%.
-
4
The 10-year US Treasury yield rose by about 8 basis points from the previous close, currently standing at 5.08%.
-
5
Citadel Securities has poached Matthew Zimmerman from Diameter Capital Partners to head investment-grade corporate bond trading.
-
6
Google DeepMind has launched Gemini 4 Hydrogen, with pricing set at $1.50 and $7.50 per million tokens for input and output, respectively.
-
7
What is RCN coin? Where to trade and buy RCN coin?
-
8
What is HNW coin? Where can HNW coin be traded and bought?
-
9
Microsoft services suffer widespread outage impacting thousands of users in North America; Amazon Web Services and Google users also report disruptions
-
10
September Ethereum Price Outlook: Can Polymarket's $2,600 Target Be Achieved?
Markets Today
Recommended Reading



