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Ways to Grow Your Small Business with Artificial Intelligence

By Anonymous User posted Mon March 15, 2021 12:55 PM

  

AI offers Small business IT service  a unique opportunity to become more productive, profitable and effective. But the price of implementation can represent a significant barrier to entry. It’s used as dangerous and untested, a technology for larger businesses who have the resources to hire machine learning specialists and remove tech support. But AI is more affordable and convenient than ever before. Many new out-the-box AI instruments now enable small businesses to enjoy robotization without the price tag or commitment of traditional solutions. 


Whether you’ve previously begun using AI technology to improve your business or not, you may not be aware of all the advantages artificial intelligence offers. 


Grow Sales And Marketing With An AI-Infused CRM


CRM methods are designed to gather client data across communication methods such as email, phone, and social to improve and even automate the sales method. Programs such as Salesforce have started implementing AI that supports small business owners analyze client feedback from those contact channels and then automatically adjust marketing and lead production activities based on that data.


AI-infused CRMs can not only maximize lead production results, allowing you to produce more leads for an equal amount of marketing dollars, but they’ve started to show how AI can be practiced to acquire marketing- and sales-relevant penetrations, optimizing nearly the entire client acquisition method.


Automate Client Communications (With A Chatbot)


Both product- and service-based small companies have started using chatbots on their sites to receive client communication and help answer inquiries. Think of it as a sales and client service rep that goes for you 24/7, even when you rest.


Chatbots are possible something you’ve previously encountered, whether you obtained you were trading with AI or not. If you’ve noticed one of those popups on the bottom right of the screen when you first visit a site asking if you have any questions, you’ve found a chatbot.

Many small companies don’t have dedicated client service or sales teams yet. If that’s you, chatbot AI can help alleviate the stress and allow you to concentrate your time on the duties that matter most.


Streamline Human Support Tasks


One of the more remarkable areas AI has begun to creep into is human sources. AI instruments have been produced that help streamline the hiring and onboarding process and take feedback from new employees about how HR can change those processes, changing a company’s support line.


AI can be used to automatically wade through numbers of applicants to find those that most nearly match the rules you’re looking for, not only increasing the likelihood that you find the best applicant available but saving you precious time and sources. Plus, once the applicant is brought on board, the software can serve as a database for employees with topics on things such as benefits and business policy.


This not only benefits reducing the time used during the employing process; it can also improve the number of quality candidates you receive and save HR experience on the back end by biting down on answering new employee issues.


Get Competitive Intelligence


Ever wish you had a way of investigating every bit of digital data your opponents produce — from printed and video content to social media posts — fast and efficiently? Artificial Intelligence can do that. Some tools have been created that enable you to keep tabs on everything your opponents do online, gather the data, and distill it into easy-to-read statements. 


How AI can assist you to run a smarter small business


Perhaps it seems like AI tools are only available to huge companies like Google or Apple. But as these mega-corporations proceed to invest millions in developing AI and pushing it into mainstream culture, it’s becoming more available and more affordable than ever for small companies. 


Let’s look at how you can organize machine intelligence to make your business more efficient and increase your bottom line. 


Smarter email marketing


AI has been presenting a significant role in marketing for ages. The great news is that it’s an honestly mature idea and a great area to get your feet wet in. 

This makes up two positions: 


  1. If you’re not practicing email as a marketing plan for your company, now is the opportunity to start, and 
  2. If you’re now using an email tactic, it’s time to fine-tune it with AI. 

Segmenting email lists will assist you in creating customized email operations that better assist your clients. For instance, if you’re hosting a unique event at your property, it doesn’t make sense to send an email to clients out of state. 


You can (and should) also take it a step further with automation. Email automation allows you to create emails automatically sent when triggered by a subscriber’s activity, inactivity, or a specific date like an anniversary. The triggers are essentially AI at work in the background. If a subscriber takes a certain action, a programmed (or machine-learned) response is triggered, and so on down the line until the customer (hopefully) converts to a sale. 


Stronger sales


You can’t speak about marketing without talking about its intimate twin, sales. It’s hard to isolate these business areas because there is so much overlap between them. 


Using AI to increase sales is also a mature idea that goes hand in hand with AI for marketing. Hence, it’s another great way to ease yourself into the life of AI without feeling confused. 

Depending on the characteristics of your business, you may or may not have a dedicated sales company, so we’re going to include both situations in the next two points.


Decrease repetitive, mundane duties


For those with a dedicated sales unit, dozens of instruments out there use ML to help with the sales process; it’s just a puzzle of precisely where you need the assistance.

For instance, are you looking for a method to eliminate the reverse and forth of seeking to schedule conferences at a time that goes for everyone? 


Do a deep joint into what works (or doesn’t work)

 

Leveraging a solution that mixes with your telephone system to analyze interactions between the sales unit and clients. It can help distinguish critical variations in approach by salespeople and assess the effectiveness of selling tactics on KPIs to set your strategy. 


Know your customer’s journey on your website


You can also track your user’s visits as they navigate your website and analyze their behavior using AI instruments. 


These helpful insights can assist you to create a more personalized experience for the client. And as 90 percent of marketers say customized content is more powerful than content that isn’t personalized, using this type of data and market intelligence can assist boost your bottom line. 


While some small companies have been ready to embrace artificial intelligence's influence and differences, others are a little more careful. Whichever way you lean, the fact is AI is here to wait. It might already be supporting you save time and sources. It has the potential to make our lives easier and our companies more efficient and effective. 


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Wed December 08, 2021 03:45 AM

I have 4 Ways to Grow Your Small Business with Artificial Intelligence. Hope you add to this blog. 

  • Turn Data Into Action to Get or Stay Ahead of your Competition
  • Coach Your Sales Teams With Advanced Tools
  • Answer Customers Question 24/7 Using Chatbots
  • Free Up Your HR and Management Resources Using Chatbots to Answer Routine Questions
Artificial intelligence is popular for good reason.
  • Use AI for CRMs like Business Central to get new insights from the data you’re already collecting.