Walmart recently found that conversion rates were 3x lower in ChatGPT versus from Walmart's own website.
Walmart's diagnosis: shopping isn't a single action - it's a journey.
If a customer gets a new TV, they also want cables, a mount, and more. ChatGPT enabled the initial purchase, but fragmented everything after.
So, Walmart is embedding their own chatbot into ChatGPT to bridge the shopping experience.
🔗: https://www.wired.com/story/ai-lab-walmart-openai-shaking-up-agentic-shopping-deal/
