business chatbot

September 29, 2020

7 Reasons- Why is your business in need of a chatbot?

Are you a business owner? Your mind must be flooded with numerous questions after looking at tons of blogs and articles on ai chatbot. 

How chatbot helps businesses? Why use a chatbot? Why do we need Chatbots? And so much more.

Recently, we have noticed how the market is so desperate to deploy chatbots! 

You’ll get all the answers of the above-raised questions here in our blog. So let’s get started and give you a bunch of relevant information to help you clear all your confusions. 

The need for chatbot majorly depends on the nature of the business you owe and how much you are driven by technology, in today’s competitive world, where every business is running towards one ultimate goal that is “to stand out of the crowd” and become the eye of the public. 

To survive and grow continuously, you need to adopt innovative technological and interactive ways of executing your business. It’s mandatory to catch the opportunities asap to maintain a constant growth for a long-term basis. For the past few years, the development and need of chatbot have emerged as the most followed trend in the digital marketplace. 

As we all know, solving the prospects of the prospects to ensure consumer loyalty and the brand establishment became a must to achieve. Like in earlier times, humans took the help of machines to eliminate the constraints of human limitations. This time numerous industries are revolutionizing; all thanks go to the ultimate innovation that is ai chatbot.

Chatbots are seen as the future of customer service and management without human intervention. 

You can classify this technology as a broad category that involves everything from Amazon Alexa, smart speakers, or automated chat on any website or service page.

With this growing technological world, the need for a chatbot is undoubtedly increasing. With this, it’s quite necessary to understand the primary reasons for implementing bots in your system. 

Let’s take an example- 

For any Telecom Industry, the customer Requests can be – “Fix my service,” “Help me move,” “Upgrade my service package” or “Reset my password”…….so many issues to solve, isn’t it? 

Now, bots analyze and identify the query’s intent and then respond with an instant solution or lead them to the respective page. 

The process got simplified and fast; that’s why you need them to function precisely without wasting any time.

So here are our seven reasons why your business needs chatbots? 

Content 

#1. Raise your operations 

#2. Always up for your customers 

#3. Built trust by prompt solution 

#4. Guide Your Prospects with the right product and service 

#5. Target Millennials 

#6. Offer Hassle-free user interaction 

#7. Cost-effective than an App 

#1. Raise your operations 

Bots are an automated and ever ready solution that allows you to handle more customer requests or queries than before. If your current customer support service is entirely powered by human force, you are working a bit slow and can’t reach a chatbot’s mark. 

Hence, if you are looking forward to scaling up your business, then integrate bots because they helped scale India’s most massive sports game by 30 times. One of the most popular India’s fantasy cricket sites, “Dream 11“, experienced a user base grow from 40000 to 40 million in the last six years, which resulted in loads of soaring queries. Dream 11 took the help of a chatbot to answer the growing number of requests and questions.

With the deployment of ai chatbot complement your human force can boost, it needs to enter new markets and avail new opportunities. 

#2. Always up for your customers 

You never know which opportunity knocks on the door and at what time. 

Keeping business open 24/7 will help you in grabbing all potential prospects. After all, losing hurts. 

But this becomes tough for small scale and medium-sized businesses. Because you need time, money, and human force to work around the clock. This is where chatbots are very helpful. 

It can ensure a 24/7 business opening. It offers more than just answering the customer’s questions. It can help in reservations, telling about the menu, giving a brief of different details about your business, and so much more. 

Example- “Pizza Hut” launched their bot that takes orders for customized pizza and let customers rely on their virtual assistants. 

need of chatbot

#3. Built trust by prompt solution 

The competition is always fierce for small businesses for startups as they get started in sectors that already have established businesses for years. The ultimate goal is to stand out in the crowd and make your mark. 

But how? What do you need? 

Just be prompt, and the moment the customer comes up with the query, provide them with relevant information, and the brownies come in your basket. Handling and providing quick responses is quite impossible, especially for human resources. 

Bots, on the other hand, gives you the power to answer 24/7. 

With the chatbot’s addition, your prospects for visitors can search for the right information for answers around the clock. This will build trust among your audience and potential customers. 

#4. Guide Your Prospects with the right  product and service      

Whenever we visit any website or shopping site, finding the right product out of the massive pile of differential products becomes tough. 

Similarly, there come situations when your customer will need guidance or help to figure out the right product or service that suits them best to their needs and budget. 

It mainly occurs when your audience doesn’t have enough exposure to your domain or product. It means you need to guide and educate the customer about your products and services. Chatbots deliver great value as they help prospects to choose the right product and service. 

Be a consultant through bots, as they not only give information but also suggest better recommendations. 

#5. Target Millennials 

Markets saw a behavioral change while trading with millennials. They are fond of chatting platforms more than other ways of contact services. 

A survey says- millennials prefer solving their issues and confusion by themselves without consulting or contacting any customer service agent. This is precisely what they can achieve by interacting with an ai chatbot. 

#6. Offer Hassle-free user interaction 

A chatbot’s ability to have a conversation like a human agent keeps customers engaged in a specific platform. When any web application opens, the bot greets the visitor in a non-intrusive manner. The visitor can ask any question from the chatbot. The user gets a list of options, which saves the user from typing more and makes it easy for him to input the query.

With the integration of bots, Emirate raised their engagement rates by 87%.

Offer a unique and interactive platform to your customers and make user experience hassle-free. 

#7. Cost-effective than an App 

Earlier, most businesses released an app for their products and services. Customers can download the application on their phones. But as whole apps are expensive and require more development time. The user may not be interested in making an extra effort to download an application on their device. 

And here comes the need for chatbot; you can integrate bots in your system, social platforms like Facebook, WhatsApp, and much more. Hence, this could be a better alternative to having an app. 

At last, it not only makes your work more effective and efficient but also turns out to be the most cost-saving ways of connecting with your audience. 

Conclusion

In today’s highly competitive marketplace, people are always looking for personalized solutions. And to grow continually, you need to satisfy your customer’s needs requirement preferences and do it in a way that makes you shine. 

Chatbots are designed in a way that binds the person who comes in. They are affordable, help scale your business fully personalized, help your prospects find the right product or services, and establish brand loyalty and trust for your brand. 

All these reasons are why you should integrate a bot in your business system and be in this race to success.


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