New Frontier (AI & Ecommerce) artwork

How to Build a Custom GPT with Andrew Bell

New Frontier (AI & Ecommerce) · with Martin Schwartzman · August 7, 2024 · 50 min

Summary

This episode looks at the implications of agentic AI on ecommerce business models, exploring how AI-powered shopping journeys will shift personalization from retailers to the consumer’s own AI. It discusses how brands with strong products and differentiated data will win, while those relying on gaming search algorithms or paid traffic may lose their edge. The episode also touches on how major retailers like Amazon, Walmart, and Target may be affected, as well as the disruption to loyalty models and customer lifetime value.

Key takeaways

Themes

ai & automationamazon & marketplacesdtc strategy

Topics covered

agentic commerceai-powered shoppingbusiness model disruptiondata monetizationfuture of retailcustomer lifetime value in ai

Episode description

Andrew Bell is the creator of the 1st, 2nd, 5th and 6th ranked GPTs under the search term “Amazon” on the GPT store. He has created over 200 GPTs, with an average rating of 4.4 stars from over 1,500 reviews and 50,000+ chats - a leading voice in AI for ecommerce. He is the former director of Amazon for Touch of Class and currently the Amazon ecommerce manager for the NFPA.  Andrew joins Max and Jo to discuss how to create a Custom GPT, his best prompt engineering tips, the GPT store, and the future of AI and humanity. Check out some of the discussed the best GPTs here: Amazon COSMO Audit: https://chatgpt.com/g/g-Ke1yp3oSG-amz-cosmo-audit Pinterest Optimization GPT: https://chatgpt.com/g/g-Z8x0lVds4-pinterest-optimization-gpt Etsy Optimization GPT: https://chatgpt.com/g/g-qKiAmfcWA-etsy-optimization-gpt This podcast is brought to you by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ecomtent⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and <a hr

Frequently asked about this episode

What does this episode say about ai & automation?
Agentic commerce shifts power from the retailer to the consumer's AI, emphasizing strong products, consistent availability, differentiated data, and superior end-to-end customer experiences over traditional search algorithm gaming and paid traffic.
What does this episode say about amazon & marketplaces?
E-commerce platforms and brands need to prepare for a future where personal AI agents handle shopping journeys, understanding user intent, preferences, size, availability, price, and quality.
What does this episode say about dtc strategy?
The rise of agentic AI will disrupt existing retailer media and loyalty programs, necessitating new strategies for customer lifetime value in an AI-intermediated shopping landscape.
What does this episode say about ai & automation?
Proprietary data will become increasingly valuable, leading to a "gold rush" for unique datasets and discussions around licensing data to AI labs.
What does this episode say about ai & automation?
Businesses in various industries, including publishing, law, and consulting, will need to reinvent themselves as AI moves towards artificial general intelligence, redefining roles and value propositions.

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