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Saturday, October 31, 2020

Why Is AI (Artificial Intelligence) Good For Your Business?

Life shouldn’t only be about work; there should be time to do other things too. It shouldn’t be too stressful either, although a little stress is a good thing sometimes, and you shouldn’t be struggling to find the time to spend with your family. That’s where AI (Artificial Intelligence) can come in useful, and why many businesses are adopting it. Here are some more reasons to use AI in your business.

Hate Redundant Processes? AI (Artificial Intelligence) is at your rescue!

Artificial Intelligence or AI is here to rescue you
As a business owner, be it small or medium enterprise, redundant activities does takes its toll on the team’s strength and it could be frustrating at times. Thanks to the introduction of Artificial Intelligence also known as AI. Your business needs it and here’s why we think artificial intelligence is good for your business.

For Training Purposes

If you have a sales team to generate your revenue, then it is important that they are well trained not only in how to sell well, but they also need to have a good understanding and knowledge of the products they are selling. AI can help with that by standing in as a training coach.

There are apps which transcribe sales calls, for example, so that your team (and you) can go back over them and see what was successful and what wasn’t. By gathering all of this information together, it is possible to create a sales ‘script’, which should never sound scripted, that works more times than it doesn’t.

For Marketing

AI is also extremely useful when it comes to marketing your business. Take Facebook, for example. Its algorithms mean that it can identify the perfect target audience for any given ad and show it to the people who are most likely to buy the product or service or interact with the company in some way. That means that your marketing budget can go much further because you can be in touch with the right people. You can spend more of your budget targeting them and get a good return too.

Artificial Intelligence and Internet of Things
Artificial Intelligence (AI) and Internet of Things (IoTs) works hand in hand and they could be of great advantage to small and large scale businesses of this age.

For The User Experience

Although in working hours your team can deal with customer queries, questions, and complaints, during the night or over the weekend and during holidays, what happens? Do your customers have to wait for an answer? Or do you use chatbots that can help them with their queries even when the office has been locked up for the night? Chatbots help create a better user experience by giving your customers a response no matter what time of day or night it is, even if the office is closed.

That means you can save money by not needing to employ people to work late shifts, plus you can close the office whenever you need to for any reason, such as illness, employee team building at a Minneapolis MN Escape Room, or a special event, for example, a birthday. It also means that your customers always get good service and that improves their experience of using you which leads to more sales, repeat business, and referrals.

For Your Systems

Successful businesses are built on automation. If you can incorporate AI into how you work, you can become much more efficient and productive. Your staff will be happier, and your profits will be higher. This kind of automation could be as simple as an automatic backup of your files each night to a cloud-based server, or you could invest in a CRM (customer relationship management) system that allows for automation of all systems and processes throughout the company.

Olawale Danielhttps://olawaledaniel.com/
Olawale Daniel is a business builder and psychologist, a network marketing professional, a world-class motivational speaker, a successful internet entrepreneur and a digital media strategist interested in all things mobile and digital — start-ups, media, branding. He started TechAtLast back in 2010 as a platform to quench his thirst for latest technologies. As a motivational speaker and author, Olawale has published several motivational and personal development books and he's currently working on "SUCCESS AHEAD - Don't Quit" which is billed to hit the stand by Q4 of the year. He writes regularly on his personal website on motivation and personal lifestyle and tips for network marketing success, OlawaleDaniel.com. His latest book on How to Sponsor More People in Your Network Marketing Business is still one of the best sellers in its category. He's presently working as a Health and Wellness consultant at BURN SLIM TRIM Inc., a firm that helps people regain their perfect lifestyle through state-of-the-art recent discoveries way back from nature. He's also the brain behind FOBCourse, a business university for startup entrepreneurs in Africa.

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7 COMMENTS

    • Welcome here Sarika and thanks for voicing your opinion on artificial intelligence and its usefulness for the next coming years.

  1. In the sphere of business, AI (artificial intelligence) is poised have a transformational impact, on the scale of earlier general-purpose technologies. Although it is already in use in thousands of companies around the world, most big opportunities have not yet been tapped.

    • Yes Anton,

      There are countless number of companies around the world already exploiting this disruptive technology. The level of acceptance is gradually increasing as people get exposed to what they can do through it.

      Just like blockchain technology, AI is also getting the right attention as we speak.

      Sooner rather than later, we will begin to see business solutions powered by some of these innovative solutions.

      Thank you brother for coming to TechAtLast.

  2. Hi. I am very happy to read this post. We, a startup company worked on one of the AI Project and the second project is going on. Shared this post with our team. Thanks.

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