A decade ago, getting a customer to visit your store was a major issue.Today, these customers arrive with multiple tabs open, three shopping apps on their phone and a willingness to switch brands.The journey has become shorter, faster and far less predictable.For retailers, that has created an entirely new challenge. Attention is easy to attract and difficult to sustain. A shopper may spend 15 minutes going through items and disappear without making a purchase. Another may abandon a cart, return a week later, and then complete the transaction after the offers available meet their expectations. Millions of such tiny decisions happen everyday, creating patterns that are difficult to point out and act upon.The New Economics of Customer AttentionExpansion was once driving retail growth. More stores, more products and larger advertisements often convert to huge sales. The rules have clearly changed.Consumers expect relevance at every stage of their path. They expect products that match their interests and have effortless experiences. When these expectations are not met, alternatives start popping up.Retailers, consumer brands and e-commerce platforms are thus forced to reevaluate how they engage with the consumers. Success increasingly depends on understanding behaviours, intent and quick response; enough to influence purchase.Small Improvements, Big Business ImpactSome of the most essential gains come from insignificant appearing moments.Helping a customer discover a product, reducing checkout friction, encouraging second purchases, and re-engaging with a customer that left without putting money into it.Individually, these actions might not seem that major. At scale, they help revenue, customer loyalty and retention.This is the reason retailers are closely attending to products that can demonstrate measurable outcomes. Conversion rates, repeat purchases, customer engagement and long-term retention are valuable indicators now.Indian organizations across the retail ecosystem are investing in solutions that help them strengthen customer relationships as well as business performance. The products attracting attention are the ones delivering clear results rather than generating headlines.Recognising Products Creating Real ImpactWith competition growing across retail, FMCG, D2C and consumer technology, the value of identifying real innovations has never been higher. ET Most Innovative AI Product Awards 2026 recognise products that are helping businesses solve real market challenges and make real impact. The Retail, Commerce and Consumer Experience category recognises products that enhance customer engagement, drive conversions and improve the overall shopping experience. Entries will be judged based on innovation, business impact, scalability and market relevance.Submit your entry today and seize the opportunity to gain industry-wide recognition for your AI innovation.Read more like this: ET Most Innovative AI Products Awards 2026: Recognising AI-driven transformation in Retail & Consumer Experience
ET Most Innovative AI Product Awards 2026: The next retail breakthrough may already be in your pocket
ET Most Innovative AI Product Awards 2026 spotlights the products quietly reshaping retail. From improving product discovery and customer engagement to increasing conversions and retention, the Retail and Consumer Experience category recognises solutions delivering measurable business impact across retail, FMCG, D2C, e-commerce and consumer technology in India.









