Wednesday, September 11, 2019

How Chatbot in Ecommerce Simplifies Experience


Chatbot has emerged as a new trading tool and is leading to the popularity of custom Chatbot Development Services. AI-powered bots became the talk of the city in 2016. The experts set the most appropriate chatbot use case in 2017. It only took three years, and now chatbots are everywhere.

This conversation bot with AI has begun to change the way businesses interact with users. Among the many use cases, a chatbot on eCommerce makes life easier for marketers.

Oracle found in a survey that 80 percent of brands plan to use chatbots by 2020. On the other hand, the Ubisent study found that 35 percent of consumers want to see more companies use chatbots.

WHAT IS CHATBOT?

A chatbot is a software program that communicates with humans using a direct chat interface. Chatbots can talk with users on websites or business applications, or platforms such as Facebook Messenger, Skype, WhatsApp, Slack, and even on Alexa and Google Home (voice-powered devices).

Brands such as eBay, Aerie, H&M, Pizza Hut, Bank of America, HSBC and Starbucks have integrated a direct chat interface to provide an enhanced experience for customers and facilitate sales.

HOW CHATBOT WORKS

When we say chatbot that means Chabot is an Artificial Intelligence, ML and NLP powered bot. These chatbots are sophisticated because they work on four building blocks such as intents, speeches, entities, and dialogs and deal with the most complex parts of the conversation namely, making their responses and conversations.

Although in the development of custom chatbots, developers program chatbot software to respond to human questions, AI chatbot is more flexible when talking to humans because it learns from the conversations they have with customers and marketers.

ECommerce uses AI, ML, and NLP-powered conversation bots to address the requested customer needs. ECommerce integrates chatbots in the CRM and CMS platforms which help them utilize customer information and provide a personalized experience.

For example, look at the differences in responses provided by programmed chatbots and AI-supported chatbots for questions given:

ROLE OF CHATBOT IN IMPROVING E-COMMERCE EXPERIENCE

Companies in eCommerce that use chatbots take advantage of many benefits such as reduced costs (you can keep the direct chat support staff in a lower amount). Because chatbot will handle most repetitive tasks while serving customers, service staff can focus on other vital business requirements.

How Chatbot in Ecommerce Simplifies Experience
How Chatbot in Ecommerce Simplifies Experience


Here are five ways chatbot on eCommerce can help companies improve their customer experience.

1. 24/7 Customer Service and Seamless Conversation

We are in the world on request, and customers expect you to answer their questions when they won't even be out of office hours. Traditionally, a customer has to write an email to customer service about a particular problem or need, and then he has to wait for an answer. No matter how quickly a customer service professional responds to a certain email, he always needs a day or more.

Chatbot, when used to handle customer service, they serve 24x7 users throughout the year. The most interesting thing with a chatbot is that it can trigger conversations on its own. Because AI-Bots uses natural language processing, chatbots in eCommerce involve customers as well as humans. Using NLP, this chatbot conversation also analyzes customer questions and provides responses that meet customer needs.


2. Endless Questions

Although chatbots must be able to simulate human intelligence for natural interactions with customers, their main goal is to increase computational efficiency to perform tedious or mediocre tasks. This can be in the form of calculations, database searches, answering questions for the same questions asked by many users, and so on. The purpose of developing chatbot in eCommerce is to meet customer needs through simulating human-like conversations through the use of CMS and CRM databases.

That means if a the customer asks to reset their password for the fourth time in a week - chatbot doesn't mind doing it again and again!


3. Enhanced Website Navigation and Customer Journey

Online buyers consist of three different categories based on individual expectations, intentions, and needs. To simplify the online shopping experience, chatbots can appear on product pages and share additional information such as blogs, video content, warranty certifications, or even available discount codes that help customers make decisions quickly.

Chatbot ensures smoother website navigation and customer travel for customers. Who knows, maybe the feared shopping basket abandonment rate will eventually go down too.


4. Simple Checkout Process
People, in general, want to have uncomplicated online transactions. Many companies usually do not pay attention to the process of simplifying checkout, but users appreciate these efforts through shopping or business with the company.
While customers shop, pop-ups from chatbots might be useful if users want to add items in the shopping cart. Using chatbots to convey information such as product availability in inventory or similar product recommendations because of user specific price ranges help businesses eliminate the hassle of user travel.

The Chatbot developer Helpshift found in the survey, where 70 percent of participants responded, that they preferred to communicate with the chatbot to complete a much-needed task. This helps companies reduce the time needed to solve problems, eliminate the time often spent on the telephone to connect with customer service representatives and streamline the entire customer service process.


5. Replacement of IVR

Chatbots is a perfect replacement for the customer service process that spends time where customers are bound to act according to an IVR system (interactive voice response) to connect with customer service agents on phone calls. Instead of IVR voice commands that have been programmed, chatbot interacts with customers instantly.

In addition to live chat where there is a 3-5 minute wait time, chatbots on eCommerce mean real-time responses. Chatbots are also intuitive because they have your data and can suggest you the most appropriate next steps. Also, chatbots can try to direct customers toward answers based on previous situations or human representatives for the best customer service experience.


CONCLUSION

Chatbots are here and now. Although chatbots on eCommerce are also in the learning phase, they are growing day by day as the development of supporting technology.

Chatbots are very helpful, but not human so, customers must also be asked to be patient with this a software program that is still learning.

However, eCommerce has taken advantage of the opportunities offered by the chatbot to engage with customers in new and different ways while helping customers meet their specific goals more efficiently.

When chatbots are good at it, then customers leave with a better experience for using it.

Are you looking for the Top Chatbot App Development companies for your business development? This is the right time to contact Fusion Informatics is one of the Top Chatbot Development Company in Bangalore, India. We have years of experience in creating applications in different platforms and industry expert and knowledgeable Chatbot developers. To know more about Fusion Informatics visits our portfolio.
To know more info -

1 comment: