AI Personalizes Bakeries

Leila discusses how traditional bakeries are innovating by integrating AI technology into their business model to create personalized experiences and increase perceived value.

Key Points:

• Core Concept:

  • Traditional bakeries using AI to customize cookie profiles for customers
  • Focus on creating personalized products made on-demand

• Value Creation:

  • Based heavily on customer perception
  • Customers willing to pay premium prices for personalized experience
  • AI technology creates feeling of customization for each individual

• Business Model:

  • Integrate modern technology into traditional business
  • Use AI to determine customer preferences and cookie profiles
  • Create cookies on-demand based on AI recommendations

• Innovation Approach:

  • Takes traditional business (bakery) and modernizes it
  • Uses technology to enhance customer experience
  • Creates perceived additional value through personalization

The success of this model demonstrates how traditional businesses can use technology to create premium experiences that customers are willing to pay more for, even if the core product remains similar.