June
12
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Why Small Businesses Should Consider Venturing Into Chatbots

Featured image for article about businesses using chatbots

 

Featured image for article about businesses using chatbots

 

Businesses are always competing for our attention and trying their best to keep up with the ever-growing changes in technology. While some (somehow) still struggle to grasp the importance of mobile or even using social media effectively, others are pulling way ahead. They’ve moving into the era of conversational commerce, or uh, chatbots. The stragglers will continue falling behind if they don’t’ catch up fast.

Instant messaging and chatbots is where you should be heading if you want to be one of the ones that pull ahead. 80% of Oracles’ survey respondents, consisting of high level sales, marketing and strategy officials, say they’re already using chatbots or plan to by 2020.

 

What is a chatbot?

Chatbots are basically an AI powered software program that runs within an instant messaging platform. They interact with end-users utilizing natural language processing and machine learning while recognizing patterns.

 

Why should you care about chatbots?

Consumers today want personalized attention and solutions. And they don’t want to wait on a phone or have to keep checking their email to get it. In fact, 51% of consumers say your business should be available 24/7. How much would you spend to have sales, tech and support available around the clock? A well-made chatbot can do that. And guess what? About half of them prefer to contact a business through messaging over phone calls or email.
Chatbots aren’t just for customer service, though. They can also be helpful tools for gathering information, learning about your customers, general research, lead generation or even as a personal assistant to help you be more productive. With the many platforms, services and programs now available to help create your chatbot, it doesn’t have to be expensive either…

 

Affordable for just about anyone

Building a bot isn’t like trying to build a mobile app. It isn’t like trying to create a full blown site dedicated to customer service. In most cases, the base of your app has already been created by someone else and is just waiting for you to pick it up and run with it. There are many bots-as-a-service startups that are thriving. Of course, if you have just a little technical know-how, you could also create something completely unique hosted on your own server, tied to messaging through an API.

 

It’ll actually save you money

Investing in chatbots now will likely save you money in the long run. Maybe even almost immediately. Especially if you’re a small business owner with strict time and budget restrictions. You had to hire expensive talent for certain jobs before. Or outsource (which could still be expensive, not to mention time consuming finding the right freelancer). Or you could invest your own time into trying to learn how to do a certain task/job or using SaaS (time that would have been better for your business if you were doing other things). But now, there are plenty cases where a chatbot can takeover that job and greatly reduce the need for a human to be involved.

Did you know? Facebook Messenger already has over 11,000 chatbots connected that users can interact with. American Express? Not only can you buy tickets with their Facebook Messenger bot, but you can get restaurant suggestions included right with the receipt. Burger King? Order, pay and find out the nearest location you can pick up your order.

 

How do I create a chatbot?

Whether you’ve never touched a piece of code or if you’re a coder that’s new to chatbots, there’s something for you. Chatbots are big business and there are new platforms and services constantly joining the game. Here are a few to get you started…

 

Image for how to create chatbots with or without coding

 

ChatfuelChatfuel is one of many platforms that helps you create a chatbot to use on Facebook. Maybe the most well known. They claim you can create and launch your fully featured bot “in seven minutes”. Who uses it? On their site, they say that Adidas, BuzzFeed, CNBC, MTV and TechCrunch have all used Chatfuel. Supposedly they have over 17 million users and over 360,000 chatbots have been created using their platform.

BotsifyBotsify is another platform that makes it easy to create a chatbot with no coding. However, the free plan doesn’t offer as much as Chatfuel, so you’ll have to pay up sooner if you hit the limits.

GrowthBotGrowthBot’s platform is, obviously, geared more towards the marketer or startup companies. Created by Brian Halligan, co-founder and CEO of HubSpot, this bot is designed to be hooked into Google Analytics, HubSpot and other services.

 

If you aren’t a stranger to coding then you might want to take the lead and develop something a little more custom-tailored. If that’s the case, then this info from Cleveroad might help:

Facebook Messenger: Facebook Messenger bots use the open source wit.ai bot engine for natural language processing. With every interaction made between bot and human, its algorithms are updated. They offer the service for free (for now), because, what better way to train their algorithms than get as many people using it as they can?

Botkit: Botkit is another open source of tools to create a chatbot. You can use it to create chatbots for Facebook and Slack, among other common messaging platforms. There’s an active GitHub community around it, so there’s always improvements being made.

Pandorabots: Pandorabots comes in two variations. One is the Pandorabots Playground, which provides chatbot development in an integrated environment. The second is their AIaaS (Artificial intelligence as a service). The AIaaS is where developers have access to an API for the SDKs and hosting platform to more easily integrate chatbots with apps.

The popularity of chatbots and what they’re capable of doing have soared in just a few short years. What mostly started as a way to offer basic greetings evolved into general customer service bots. Now they’re getting smarter and able to converse with consumers in a more natural and extended language that’s constantly learning.

But if you’re going to create one, do it right. One bad experience with a chatbot is enough to turn away most consumers. And don’t try to hand it off as if they’re talking to a real person. They’re more than open to communicating with chatbots to find what they’re looking for or get help, but they want to know straight up that that’s what they’re dealing with.

 

What’s your take on chatbots? Is it something you’d consider creating for your business? Have you had any great (or horrible) experiences using one?

 

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