Marc Lore: AI fit analytics can save retailers billions on returns
Marc Lore · Billionaire Marc Lore on What He Would Build Today and Future of Ecommerce | My First Million #186 · May 26, 2021 · at 54:47
Marc Lore, founder of Jet.com and former CEO of Walmart eCommerce, pitches AI virtual fit analytics as a high-value e-commerce startup opportunity.
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“So the idea that you know my body dimensions and use artificial intelligence to know the inside dimensions of the garment to see exactly how it's going to lay in my body without having to try it on, to cut down return rates dramatically. There's billions of dollars that you can save retailers there.”
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