Navigating the Algorithmic Marketplace: How AI is Changing Consumer Psychology and Brand Loyalty

https://doi.org/10.55529/jpps.32.25.29

Authors

  • Ayush Kumar Ojha SSSUTMS, B.Tech in Artificial Intelligence and Data Science Branch, Indore, India.

Keywords:

Artificial Intelligence (AI), Algorithmic Marketplace, Brand Loyalty, Nudge Theory, Trust in AI, Ethical AI.

Abstract

The rise of artificial intelligence (AI) has fundamentally reshaped the online marketplace. AI algorithms now curate content, personalize recommendations, and influence consumer decision-making in profound ways. This paper explores the impact of AI on consumer psychology and brand loyalty. We examine how AI algorithms exploit psychological biases to nudge consumer behavior and cultivate brand preference. Additionally, we investigate how AI can be used ethically to build trust and foster long-term brand relationships not only changing the dynamic in the tech world but also making an Impact in the Market and other areas. This paper focuses on how AI is capturing the Market and how AI is contributing to Markets and Business growth.

Published

2023-02-28

How to Cite

Ayush Kumar Ojha. (2023). Navigating the Algorithmic Marketplace: How AI is Changing Consumer Psychology and Brand Loyalty. Journal of Psychology and Political Science , 3(02), 25–29. https://doi.org/10.55529/jpps.32.25.29

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