You are to assume the role of the general manager for Valley Grocery, a large grocery store. The owner of the store wants you to analyze the possible economic benefits and risks of investing in new smart shopping carts.
Valley Grocery is located in a metropolitan suburb. There are three other supermarket options in the suburb and Valley Grocery consistently ranks third in sales, behind two national supermarket chains.
The owner is considering purchasing AI smart shopping carts for the stores. The AI smart shopping carts allow customers to:
- Scan items
- Track spending
- Access deals and coupons
- Offer personalized recommendations
- Pay for purchases
Valley Grocery currently has 250 traditional shopping carts that cost $100/piece. The new AI smart shopping carts are priced at $1000/piece. The three other supermarkets in the suburb only have traditional shopping carts.
The owner wants you to analyze how investing in AI smart shopping carts could affect profits, the potential risks and the effects on customers. The owner wants you to provide a recommendation.
