Chatbots for Business. Benefits of Chatbots.

Chatbots for Business: Why You Should Use Them

Planning to use chatbots for your business? Wondering what benefits chatbots can offer and how to use them efficiently?

FACT: As of 2019, almost 40% of major companies have implemented at least one intelligent assistant or conversational AI chatbot.

But that’s not all, this study suggests that by 2022, 70% of white-collar workers will interact with conversational platforms on a daily basis.

And so, it is no wonder that 50% of businesses plan to spend more on chatbots than on mobile apps. 

What is encouraging is that the average satisfaction rate of bot-only chats is 87.58%. It means that your prospects and customers are becoming more and more accustomed to interacting with machines. 

Chatbots were able to handle 68.9% of chats from start to finish on average in 2019. This means that better algorithms and technologies like NLP or natural language processing, are evolving chatbots from dumb machines to ‘real’ artificial intelligence. 

So what is it that is making chatbots such a popular and successful choice for businesses? Let’s fine out. 

How do Chatbots Help Businesses?

Here are just some of the many benefits chatbots offer companies big and small.

#1. Round the clock availability

Whether it is IT support, customer service desk, or sales, your customers expect you to be there 24×7.

Chatbots are #1 in supporting your consumers round the clock. 

For instance, research says that 8 to 9 pm on Mondays and Thursdays are consistently the most popular times for online shopping. So if you close the office after business hours, your business is suffering. 

Plus if you are an online business, you most probably have international customers, in which case, you must take the time differences into account.

In short, businesses that are available 24/7 are the winners today. 

But hiring agents to work round the clock can be expensive and unrealistic. Even if you can afford it, why not save some bucks by using the technology intelligently? 

Chatbots help you be present for your customers 24×7 without costing a fortune. 

#2. Instant response time

What would you prefer? Chating and multitasking your way through a query, or staying glued to your phone, waiting for a support agent to answer? You got it! 

No wonder then, that the first response time on any customer-facing chat needs to be under a minute. 

The importance of response times in customer service.

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And this varies greatly across industries. Here are some examples:

  • 27 seconds average in consumer products and services
  • 56 seconds in banking and finance
  • 57 seconds in healthcare
  • 1 minute in technology
  • 2 min, 26 sec. in business services

But the point is, response time matters, and chatbots have the highest satisfaction level when it comes to replying to queries quickly.

#3. Increased productivity of the human team

According to a 2019 study, chatbots were able to handle 68.9% of chats from start to finish. This means that chatbots are getting more and more advanced with time, and organizations are getting more skilled at creating automated conversation flows.

It also means that bots can deflect the majority of customer queries involving FAQs and simple questions and boost your agent-productivity. 

Working with chatbots, your live chat team can focus on more complex queries. 

#4. Scalability

Even if you use the best query filtration methods like pre-chat survey, segmentation, and routing, scaling up can become extremely difficult and costly with human agents.  

So, deploying chatbots when it comes to high query volume, is a game-changer. 

You can scale the queries up easily and efficiently with bots, as one chatbot can handle unlimited queries at a time.

What are Chatbot Essentials for Business? (With Chatbot Examples) 

Set up a 24×7 call center

As we discussed, in today’s fast-paced world, nobody has the time and patience to wait, and online consumers are no exception. 

The easier and faster you make it possible for customers to get in touch with you, the better your chances are to get their business. 

In fact, leads are 8x more likely to convert when businesses follow up within 5 minutes. This also means that if they have to leave your page in case you are not there when they are, they are not coming back. 

With a 24×7 availability, chatbots help you retain all those business opportunities that knock on your door beyond office hours, and in record response time. 

Plus with all those FAQ queries taken care of, your human agents can focus on more complex queries. Here’s an example:

chatbot for business example.

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EVA is a banking chatbot that helps HDFC customers get answers to their most common queries, whenever they want. 

#2. Maintain an omnichannel presence

You know it. It is a buyer’s market and you must meet your clients wherever they are in the journey, on whatever medium they choose.

That is why it is non-negotiable to have an omnichannel approach to your business. 

The good news is, that chatbots can interact with your customers on multiple platforms, websites, apps, email, social media, you name it, and chatbots are there. Not just that, chatbots can interact with the customer simultaneously on multiple platforms. 

Here is Domino’s using a chatbot, enabling people to place complete orders on FB messenger:

Another example of using chatbots for business.

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#3. Maximize revenue 

Todos nosotros a estas alturas ya hemos sido recibidos proactivamente por un chatbot cuando aterrizamos en una web, como:

Chatbots used to increase revenue.

Proactive chat can literally convert strangers into qualified leads by allowing chatbots to pop up and start providing support to visitors even before they ask for it. 

Create logical chatbot conversation flows considering the customer journey and qualify leads for your business. You can even make use of clickable answer buttons in the chat window for a lightning-fast chat experience. Something like this: 

Another example of chatbots used to increase sales.

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Chatbots can also make personalized recommendations to shoppers. And don’t you just love it when your favorite shopping platforms recommend products aligned with your taste and past purchases? 

AI Chatbots can ask people a few questions and give them perfect recommendations for faster conversion. Here’s an example:

Chatbots assisting salespeople.

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Organizations keep finding new ways to reduce shopping cart abandonment. Because converting a potential client who went all the way is easier than landing a new one

Chatbots can minimize shopping cart abandonment effectively, by:

  • Responder a las preguntas de los clientes
  • Descuentos
  • Ayudar proactivamente a los visitantes indecisos
  • Directing customers to similar products/ experiences
Chatbots helping a business reduce cart abandonment.

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After all, it is worth all effort to prevent any leads from slipping away!

#4. Increase business efficiency with data and feedback collection

One of the key benefits of chatbots for business is data and feedback collection. 

Consumer reviews are playing such an important role in business today as never before. A report says that 92.4% of customers are more likely to purchase a product or service if they have been able to read a trusted review about it.

But how many customers take time out by themselves to leave a review? Not many.

Enter, chatbots. Because 71% of customers will leave a review IF ASKED, and chatbots will do exactly that for you.

You can deploy a chatbot to prompt the customer to leave feedback immediately after purchase. And the chatbot can collect feedback in a way that is suitable to your business:

  • Botones para puntuar con estrellas
  • Botones que se pueden pulsar con respuestas preescritas para una respuesta más rápida
  • Un cuadro de texto libre para obtener una opinión más subjetiva
  • Ofertas de descuento y vales para animar a la gente a compartir sus opiniones, etc.

Here’s an example:

Really great example of using chatbots for business.

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You can even connect your chatbot to email and let it send emails to clients asking for feedback. This gives them time to respond at their own convenience and might suit some people better than giving feedback instantly.

Best Chatbots for Business

Social Intents – Chatbot with integration with Slack and MS Teams

SocialIntents.

Social Intents(descargo de responsabilidad: se trata de nuestro producto) ofrece una sólida funcionalidad de chat en directo para empresas que buscan implementar el canal sin tener que aprender nuevas herramientas. Se integra directamente con algunas de las herramientas de comunicación más populares: MS Teams, Slack y Webex. 

So if your organization uses any of these tools, Social Intents is the ideal tool for you to launch live chat and chatbots within minutes. 

Con Social Intents, puede crear su chatbot de IA personalizado en cuestión de minutos sin necesidad de tener experiencia en codificación ni conocimientos técnicos. 

Configurar el chatbot es muy sencillo:

  1. Crear un widget de chat en directo en nuestro sitio web
  2. Cree su agente Dialogflow (Aproveche nuestra integración con Dialogflow de Google para crear chatbots avanzados de lenguaje natural en línea).
  3. Conecte el chat en directo y Dialogflow

Here is how you can use the Social Intents chatbot for your business:

  • Personalice el chatbot con los colores de su marca, logotipos, texto, respuestas predeterminadas, etc. 
  • Have your chatbot respond as soon as a visitor comes on chat.
  • Habilite su Chatbot para que aparezca automáticamente cuando sus agentes en directo estén desconectados o pierdan un chat
  • Cree un widget de chat en directo sólo para chatbot que sea su agente virtual
  • Haz que tu chatbot responda con botones de respuesta rápida, tarjetas con imágenes y botones. Se parece a esto:
Example of a chatbot built with SocialIntents.

With Social Intents, your agents can take over the conversation with customers at any time and can view conversations in real-time right from Slack or Microsoft Teams. Neat isn’t it!

Pricing: You can get Social Intents custom chatbots in their Pro Plan at $99. The plan includes live chat functionality on 6 websites and 6 chat widgets with unlimited agents.

Kindly

Kindly chatbot platform for business.

Kindly se centra en la IA conversacional del comercio electrónico y ofrece soluciones específicas en consecuencia.

Estas son algunas de las cosas que afirman que puede hacer su IA conversacional:

  • Inicie la conversación y convierta las compras en línea en comercio conversacional.
  • Aumente la satisfacción del cliente hasta en un 80% y deleite a los compradores en cualquier etapa de su viaje con nuestra IA conversacional.
  • Amplíe su negocio con soluciones de optimización in situ y de abandono de carritos, y aumente las tasas de conversión hasta un 12%.
  • Permita la disponibilidad 24 horas al día, 7 días a la semana, y aumente la eficacia de la atención al cliente automatizando hasta el 80% de las consultas de los clientes.

Just like an in-shop persona assistant, Kindly’s chatbots sell proactively and help better the customer experience by making recommendations as per their needs. 

Precios: Puedes probar Kindly gratis durante 14 días, y después ponerte en contacto con ellos para conocer los planes de precios adecuados.

MobileMonkey

MobileMonkey chatbots.

MobileMonkey proporciona automatización con IA a través de mensajes de texto, Instagram, mensajería de Facebook y también webchat. 

Ofrece soluciones de IA personalizadas en tres categorías diferentes:

  • Para las agencias
  • Para vendedores internos
  • Para pequeñas y medianas empresas, creadores y entrenadores

OmniChat es su tecnología patentada de marketing chatbot. Algunas de las características de OmniChat son:

  • Write chat content once, and use it across webchat, SMS/MMS, Facebook messenger, Instagram, and WhatsApp.
  • Customers can message a business and opt-in to automated updates in Facebook Messenger, native website chat, and SMS. 
  • Utilice funciones avanzadas de atención al cliente como alertas, toma de contacto con agentes en directo, etiquetado de contactos y asignaciones de seguimiento.
  • MobileMonkey permite a los profesionales del marketing crear bots de anuncios de Facebook, bots de SMS y bots nativos de webchat en un solo lugar.

Precios: Mobile Monkey proporciona precios bajo petición, por separado para los tres segmentos.

Zendesk Answer Bot

Zendesk AI bot.

You can support your customers with additional brainpower with Zendesk’s Answer Bot. 

Zendesk Answer Bot works together with your business support team within Zendesk to answer incoming customer questions instantly. It can answer common questions and identify when to bring in an agent. 

The Answer Bot accesses Zendesk Knowledge Base to provide customers with the information they need within seconds. 

Some key features of the Zendesk Answer Bot are:

  • It can talk in multiple languages
  • You can deploy it on multiple channels simultaneously, like email, web forms, chat, in-app, etc. 
  • Z Bot integrates with the Zendesk Guide knowledge base
  • It also integrates within the Zendesk agent desk platform for seamless human hand-off
  • It comes with deep machine learning ability and so it keeps evolving with every interaction. 

Pricing: You can start using the Z bot at $49 per agent per month and get up to 50 AI-powered automated answers. 

It’s a wrap!

We hope with our roundup of information on how businesses are making the most of chatbots, you will have a fair idea of how to deploy one for your own.

No more hesitation, just go for it!

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