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[Live webinar ] Loyalty Meets AI Agents: The Next Growth Loop

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0:08

Hi everyone. Thanks for joining us

0:10

today. If you've been following AI over

0:12

the last few months, you've probably

0:14

heard the term agentic AI or or um

0:16

aentic commerce and it comes up more and

0:18

more often. If you strip it all back

0:21

though, the shift is quite simple. Seems

0:22

that we're moving from a world where

0:24

customers make decisions to one where

0:26

software increasingly makes decisions on

0:28

their behalf. And that's the real

0:30

change. AI is no longer just analyzing

0:32

or recommending. It's starting to act.

0:34

And that's where the idea of agentic uh

0:37

commerce really starts to matter. To

0:39

explore what that really means in

0:41

practice for those of us who don't get

0:42

to spend five or six hours of our day

0:45

delving into the realms of AI. I am

0:48

joined by Mark Galvin, partnerships at

0:50

EMA Blue Reach, and Attilla Catchmar,

0:53

CEO of Antabo. They've both been

0:54

immersed in AI since its early

0:56

development. and if I ever want to know

0:58

anything about it, they are the two

1:00

people that I go to. So, we've brought

1:02

them here together for you today. Um,

1:04

and I guess a real question for brands

1:06

and something that I really want anybody

1:09

watching this to do, please put your

1:10

questions into the comments. We want

1:12

this to be really useful. Um, so please,

1:14

if you've come to this thinking, I want

1:16

to go away knowing this today, please

1:18

pop it into the comments and questions

1:20

for us to answer for you. But the real

1:22

question for brands is if an AI agent is

1:25

making the decision, how do brands show

1:27

up in that moment and what can it

1:29

actually influence the outcome regarding

1:31

the customer? Um, so over to you Mark. I

1:34

know you know so much on this subject.

1:35

So I'm going to try and uh kind of chair

1:38

this for you and Natillaa, but please um

1:41

tell us a bit more about what agentic AI

1:43

is on the the surface of it.

1:46

>> Sure. Sure. So um I think we're probably

1:49

going to drill down on this topic. So

1:51

I'll start quite high and we can go more

1:54

detailed as we move in. Um but from my

1:57

perspective, agentic commerce is the use

1:59

of software agents that can act on

2:02

behalf of the customer across parts of

2:04

the shopping journey. Uh most commonly

2:07

including things like the product

2:09

discovery, comparison, the products,

2:12

pricing, comparison right the way

2:15

through in some instances to checkout.

2:17

um and how that experience works across

2:21

LLMs and agents is kind of varying. But

2:24

in practical terms, just to give it uh a

2:27

non-technical kind of positioning, uh a

2:29

consumer might actually go and prompt an

2:31

agent with something like find me the

2:33

best black leather ankle boots under

2:35

£180 available in a size five that can

2:38

arrive by Friday and give me the best

2:41

loyalty or member value. And then the

2:44

agent will go and handle several steps

2:46

that previously required the shopper to

2:48

compare and decide manually. And they

2:50

have to go through a number of websites,

2:52

forums, review sites, all sorts of

2:55

things to be able to come to that

2:57

decision. So uh it's really um moving

3:01

classic e-commerce personalization

3:04

uh to a point of autonomy and uh if you

3:08

think about the traditional cycle was in

3:10

e-commerce was around reacting to clicks

3:13

and page views on a branded interface

3:16

such as the website to be able to build

3:18

that. Aentic commerce from my

3:20

perspective actually introduces a

3:22

delegated decision making process where

3:25

the customer increasingly asks software

3:27

to do work for them. So it's doing a lot

3:29

of the heavy lifting and the effort and

3:31

connecting with the right brand and with

3:33

the right product from that brand.

3:42

>> I'm on mute.

3:44

>> Yeah, maybe I'm adding some

3:46

>> Yeah. Do you want to go ahead

3:47

>> to this? So let's make it as a

3:49

discussion and hi everyone. So I think

3:51

uh the way I would sort it, we are

3:53

living in a very transformative era and

3:56

um if we think about AI which is around

3:59

us for like three years actually three

4:01

and a half years from uh from now AI is

4:04

a technology but the agentic is the the

4:06

actual solution that we are experiencing

4:09

and going to experience which will shape

4:10

our life more and more down the road and

4:13

you know agentic I know it's everyone's

4:16

hearing about this but basically agentic

4:18

is making decisions behalf of the

4:20

consumer, behalf of us. That's why it's

4:23

so uh different than everything else

4:26

before. And just think about this when

4:29

everyone went from offline to online

4:32

that was a huge change, huge, you know,

4:36

um uh directional shift. But I think the

4:39

agent is even bigger than this one. And

4:41

the reason for that is because when we

4:43

went from offline to online, still the

4:46

center of the decision maker was the

4:47

human. But in this case it's going to be

4:49

the agent that's why it's even bigger

4:52

shift than the previous one. So and uh

4:55

the technology is shaping and challen

4:58

developing so fast. So therefore we and

5:01

everyone else should uh take a look and

5:04

spend lots of time on this technology

5:06

and this game changer solution.

5:10

>> Great. Thank you. Um so we've touched on

5:14

the surface of that. Um, and hopefully

5:17

everybody has an understanding of what

5:20

agentic AI, agentic commerce is. Um, I

5:23

guess really now what do brands need to

5:25

start doing now? Because I think like

5:27

there's this concept of okay, that's

5:29

where you say the future's going to be,

5:31

but how do people get started on it? You

5:33

know, how do you what's the first steps

5:36

to take um to make sure that they're not

5:38

getting left behind somehow?

5:40

>> Yeah, sure. So I I think um the first

5:43

thing is that they've got to start

5:45

showing up and in order to show up

5:47

that's going to

5:49

evolve quite considerably uh the the

5:52

stack that they use the technology stack

5:54

that that's powering them uh and and

5:56

enabling that showing up. I already kind

5:58

of mentioned that we're in this kind of

6:01

point where we're shifting from browsing

6:04

to delegation. So instead of I'll go and

6:07

search your website, customers are

6:09

increasingly going to go and ask an

6:10

agent and that agent's going to perform

6:13

a number of different tasks, not just

6:15

searching for a product then looking at

6:16

reviews and looking at other

6:17

information. It's going to combine that

6:20

data together automatically and simplify

6:23

the process for them. I already myself

6:26

personally have moved away from Google

6:28

browser terrible as it sounds into this

6:31

world where I can do I can do tabular

6:34

analysis of all the products that I'm

6:35

looking at and compare them side by side

6:37

who can deliver the fastest and which

6:38

ones have got the best reviews right so

6:40

and I think I think that's kind of

6:42

shifting quite considerably but the real

6:44

question from an architecture

6:46

perspective and a stack perspective is

6:48

what makes it possible and how do brands

6:50

start considering this stack in terms of

6:52

how they show up So the thing that makes

6:55

it possible is that there are various

6:56

protocols are out there. There's there's

6:58

actually eight in total but there are

7:00

three key ones which I think are there

7:02

today that are being widely adopted. The

7:05

first one is something called UCP and I

7:08

hate acronyms so I'm going to actually

7:10

I'll mention them but then explain what

7:12

they are because I think

7:12

>> there are a lot of acronyms where AI is

7:15

concerned. They're very similar as well

7:17

so it's easy to get them muddled. So

7:19

please do explain when you use one. Yeah

7:21

>> exactly that. So, so yeah, UCP is

7:24

universal commerce protocol. Uh, in

7:26

simplistic terms, it's an emerging way

7:29

that compliant agents can discover

7:31

products. They can build carts and they

7:34

can transact across merchants. You've

7:36

got ACP which is the agentic commerce

7:39

protocol and that is one of the models

7:41

being uh discussed for agent-driven

7:44

shopping flows particularly around AI

7:46

assistant ecosystems. And then the one

7:48

which is actually the fastest trending

7:50

one at the moment when you compare all

7:52

of these is MCP

7:54

uh which is the model context protocol

7:56

and that is a way that LLMs uh which is

7:59

like chatbt the things that we're using

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