AI allows brands to prioritize both the functional and the frivolous
Trend - Machine learning technology is increasingly being applied to create products used primarily for play-based purposes–with everything from skincare to alcohol brands using artificial intelligence to develop and customize their offerings. This shift appeals via personalization and gives the impression of enhanced legitimacy to customers.
Insight - Consumers are drawn to the promise of artificially intelligent production because it promises that what's being created is suited to their exact needs. When something is branded as being produced with AI, consumers are less concerned with its ability to function well, and therefore trust these products more.
Insight - Consumers are drawn to the promise of artificially intelligent production because it promises that what's being created is suited to their exact needs. When something is branded as being produced with AI, consumers are less concerned with its ability to function well, and therefore trust these products more.
Workshop Question - Where in your production process could your brand use AI?
Trend Themes
1. AI-generated Customization - Machine learning is being applied to create customized products and experiences across industries.
2. Real-time Personalization - Brands are using AI to provide personalized experiences in real-time to meet the immediate needs of consumers.
3. AI-powered Product Development - Companies are leveraging AI and machine learning to automate and optimize product development processes.
Industry Implications
1. Beauty and Skincare - The beauty and skincare industry is leveraging AI to create customized solutions based on individual needs.
2. Alcohol Industry - The alcohol industry is using AI-powered product development to create new and innovative flavor profiles.
3. Scent and Fragrance Industry - The scent and fragrance industry is using AI to create new scent combinations and customized fragrances.
