Chatbots can help customers and businesses in a multitude of ways, ranging from more “standard” uses such as customer service bots, to more esoteric uses such as bots for airline companies, bots for pizza delivery companies, and even police bots that aid police departments with catching criminals. Every enterprise department can benefit from the use of a chatbot, including:
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Human Resources: HR processes - such as payroll, training, recruitment, etc. - can all be automated and handled with higher efficiency via a chatbot, leaving personnel with the time and resources to handle more critical tasks.
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Information Technology: IT processes and operations can be aided via an AI-smart bot that helps personnel with IT support and management functions.
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Finance: Banking and financial management chatbots can help to analyze large amounts of Big Data, and help CFOs make strategic decisions that can greatly benefit the organization.
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QA: Quality Assurance and testing of products can be both automated and managed via a chatbot in many use cases, which can help to reduce company overhead.
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Supply Chain Management: Certain SC management functions can be handled automatically by integrating a smart bot/chatbot into enterprise systems, such as an ERP/SC suite.
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Data Analytics: Chatbots can be integrated with robust data analytics systems to analyze Big Data and produce key Business Intelligence that can help companies utilize their resources more effectively and craft more efficient strategies for future success.
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Marketing/Sales/Customer Service: The integration of chatbots into CRM suites allows smart bots to manage, automate, organize, and integrate a myriad of marketing, sales and customer service workflows to greatly increase the efficiency of marketing/sales processes, and to reduce overhead.
In conjunction with the general functions chatbots can provide to aid SMEs - and larger enterprises - such smart-AI bots can also be shown to provide very specific functionalities that can give any organization an edge over its competition.
Customer Service Bots
One of the most specific and critical ways a chatbot can help a business to scale and grow is via a conversational CS chatbot. Customer Service is one of the most resource intensive departments in a company, and an automation chatbot can help minimize overhead by answering customer inquiries, guiding customers through the buyer’s journey, and troubleshooting customer issues. The chatbot accomplishes all this quickly and efficiently via Natural Language Processing (NLP) while freeing up CS reps to spend time on more critical tasks. In conjunction with CS bots, marketing/sales automation bots can help to increase the efficiency of the ToFu, MoFu, and BoFu phases, reducing churn rates and Customer Acquisition Costs (CAC), and increasing customer retention rates.
Conversational Commerce: “Hey Alexa”
In addition to web-based chatbots and app-integrated chatbots, personal assistant, voice-based bots have become popular and are marked for increased growth. In an age of e-commerce, cloud systems, AI,smart tech, and chatbots, combining all such technologies into a single system allows customers to more easily buy their favorite goods while using voice-based natural language commands - all without needing to use a traditional smartphone app or a point-and-click/touch-based system. One of the most significant examples of a powerful chatbot/bot system is Amazon’s Alexa and Amazon Echo. While Alexa is Amazon’s voice assistant AI-chatbot, the Echo is a set of smart speakers that work with Alexa to assist users with tasks and control certain aspects of a user’s smart home. Users can order from Amazon Prime through Amazon Echo’s Alexa-based system, and engage in conversational commerce in an unprecedented manner.
Personal Productivity Coach
Just as “secretary” chatbots can be used to assist users with house tasks and everyday processes, so there are “personal coach” chatbots that can help users to be more productive by helping users meet their goals, set more effective schedules, or record critical tasks on calendars. An example, the Quantified Self chatbot with Instant 4.0, allowed users to not only track their daily habits but also analyze the data and produce reports that their chatbot (the Instant Coach) puts into perspective so that users may alter their behaviors andr become more productive.
News or Analytical Report Bots
Due to living in an age of data, it is often difficult for individual users and organizations to obtain the pertinent news and analytical reports they need either for personal or business use. News/analytical report bots are able to not only mine parts of the Internet and scour online resources for certain reports, but they can also procure the pertinent news reports from online resources. Such bots can be used to analyze reports, produce an analysis along with said report, and to present the reports via voice-chatting or a conversational UI.
New Way to Brand Your Website
In addition to standalone personal assistants and app-integrated chatbots, web-based Chatbots allow dynamic Web 2.0 sites to not only increase customer engagement, but to increase qualified leads and conversion rates, while reducing bounce rates and churn rates. It is possible for Chatbots to aid in increasing the bottom line by increasing customer engagement in a quick and efficient manner - such as quickly answering customer questions via a natural human language, and efficiently guiding customers throughout the buyer’s journey - can decrease website bounce rates and ensure that leads are converted into customers. Virtually all aspects of the inbound marketing/sales funnel (ToFu, MoFu, BoFu phases) can be optimized via automated web-chatbots.