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Reasons to Invest in a Chatbot Solution
Hi! What can I do for you today?
Sounds familiar, right? That's how Alexa, Siri, and Google Assistant greet you every day when you need assistance dialing a number, sending a text, or playing a song.
For years, phone calls and one-on-one meetings have dominated the way brands serve their customers. However, the internet boom has given rise to a myriad of ways to communicate, ranging from email, social media, and online forms. And now virtual assistants and chatbots are taking over.
The problem here is that even after evident success, some businesses don’t think it’s a worthwhile investment.
What does the current scenario look like?
According to the latest statistics, chatbots have become incredibly popular among customers as query resolution has become faster and efficient. In fact, the finance, healthcare, education, travel, and real estate industries are the ones profiting most from chatbots.
However, what are the key reasons businesses are preferring bots? Let’s find out.
- Customer Convenience is the #1 Reason
The majority of customers refrain from picking up their phones and calling customer service. They’d instead type out an email rather than interacting with brands on the phone.
Reasons? They don’t have to wait their turn. They can find a resolution to their query without explaining it to 5 different executives before getting one. And, of course, the personal and intuitive customer experience they receive definitely tops the chart.
- You Can Provide Assistance 24*7
With a chatbot solution, your customer services can be available 24 hours a day, seven days a week, 365 days a year. A chatbot is integrated into your brand’s website so you can be available round the clock, which means this program can take care of common customer inquiries even when your team is not working.
- You Can Scale Up and Save Costs
- According to a recent report by IBM, on average, companies handle 265 billion customer inquiries each year at the cost of $1.3 billion. By leveraging chatbot solutions, businesses can save up to 30% of these costs.
- In fact, expert researchers at Gartner have reason to believe that by the end of 2021, one in every six customer service interactions globally will be handled by a bot or AI.
With the advanced training provided via ML algorithms, chatbots can simultaneously handle thousands of customer queries without a hiccup. This can massively help scale operations and save money and resources. Simply put, this type of reinforcement can maximize resource efficiency while saving your business both valuable time and money.
- Be In Charge of the Conversations
The best part about investing in a chatbot service? You get to control what is being communicated to your customers. The chatbot service providers understand your business requirements and what your customers expect regarding query resolution.
Based on these objectives, the programming and conversational designing process is curated, ensuring that you provide the ideal resolution and do not share outdated or incorrect information with the users.
- Build Your Brand
Brands that use a chatbot solution are perceived to be innovative and efficient in their customer service. And with this innovative and efficient status, you can significantly ramp up your brand image in the market.
In addition, as more and more customers prefer using a chatbot interaction over a human agent, this will soon become the mainstay method of providing customer service. So before that happens, invest in the best chatbot solution and create an instant positive image of your brand.
- You Can Also Provide Multi-Language Support
Another benefit that businesses reap from chatbot solutions is that they can support multiple languages. Chatbots can ask the user which language they prefer at the beginning of the conversation or detect the language via their input phrases. This is exceptionally valuable if your business is catering to a global audience.
FiveS Digital - The Best Chatbot Solution for Your Business
FiveS Digital, a technology-powered solution provider, trains LIVE software agents that provide intelligent, fast and user-friendly solutions to your customers. By leveraging advanced programming and machine learning algorithms, FiveS Digital’s chatbot solution is integrated with a human touch, so your customers don’t feel like they’re in conversation with a robot.
So what are you waiting for? Get in touch with FiveS Digital TODAY and provide personalized support services that can not only assist and engage your customers but also reduce massive customer service costs for your business.