5 Ways Conversational Commerce Can Help Your Business

5 Ways Conversational Commerce Can Help Your Business

Naveen Joshi 04/04/2018 2
Businesses search for ways to improve their sales and focus on enhancing customer experience. Technology has helped organizations in doing so for a long time. Conversational commerce stands as a technological innovation that can help businesses in reaching out to a bigger audience.

Chatbots are trending and almost everyone with a smartphone, or any other smart device, has interacted with such bots on numerous occasions. With such hype around chatbots and an increase in its popularity, organizations have begun leveraging the same in their workplaces for customer interaction to improve sales and ensure customer retention. The process of customers interacting with the bots, not only allows a company to provide customers with accurate answers but also enables employees and experts to communicate with customers just when they need expert advice, which cannot be serviced and explained by bots. Conversational commerce is a field of application that can prove helpful for companies.

With conversational commerce, companies can allow consumers to interact with an application to purchase a specific product while they are in the application and do not have to explicitly go through all other applications to find the right product. Organizations are interested in conversational commerce because these bots seem to be promising as all businesses strive to find viable patterns to propel their organization towards a better place. Here are five ways conventional commerce can help your business.

1. Conversational Commerce for Services

Conversational chatbots can behave as a service that is available for the customers. With such conversational bots, customers can gain information and on-demand services offered by the bots. Apart from providing services to customers, these chatbots can also help customers by offering upgrades and extensive services that can be helpful for them.

These services can prove beneficial for the customers, helping businesses in a way that allows them to focus on enhancing their services with minimum human intervention, while the bots handle the tasks.

2. Conversational Commerce for Improved Customer Satisfaction

Conversational bots can prove beneficial for an organization as they hold the ability to communicate with a client directly and contains the potential to solve their problems. Chatbots can resolve issues imposed by a customer with the help of information and solutions stored in their systems that enable them to cater to the needs of a consumer.

3. Conversational Commerce for Lead Generation

By using a chatbot, a company can accumulate a plethora of information that can introduce numerous leads to the organization. When a bot interacts with a user, it can ask them about their permission for collecting their data for improving the user experience. When an organization gets hold of such raw data at their disposal, they can further transfer this information to industries and corporate houses for referral and make a fortune out of the same. This process not only provides companies with information but also empowers sales executives to enhance their skillset that can assist them in increasing sales for companies.

4. Conversational Commerce for Easing Human Life

Conversational chatbots can help human beings in easing out several functionalities that are important to them under certain circumstances. A communicating bot can assist human beings in connecting them to smart devices placed in their houses. When a user interacts with a chatbot, she can direct the bot to establish a connection with smart devices so that they can make some changes.

5. Conversational Commerce for Improving Shopping Experience

With chatbots impacting the retail sector, companies can focus on enhancing the shopping experience for users as these chatbots can help customers by saving their time consumed in searching for a specific product. When a consumer interacts with a conversational commerce portal, she can just inform the bot about her requirements and the bot can easily send her the results for her query. This assistance by the bot not only makes the search process more comfortable for the customer but also ensures that companies bring up the number of users they have that interact with their dynamic shopping portal to buy a particular product.

With companies continually trying to increase sales and achieve unprecedented success, they are trying to leverage technologies that can help them in reaching their goal. With conversational commerce, industrialists and organization owners can search for how their current bots are operating and how they can improve the current status of bots to transform them into dynamic bots that can interact with users, allowing companies to be a part of conversational commerce.

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  • Steve Nash

    Enjoyed reading your latest article

  • Kumar Mohit

    Good post as usual

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Naveen Joshi

Tech Expert

Naveen is the Founder and CEO of Allerin, a software solutions provider that delivers innovative and agile solutions that enable to automate, inspire and impress. He is a seasoned professional with more than 20 years of experience, with extensive experience in customizing open source products for cost optimizations of large scale IT deployment. He is currently working on Internet of Things solutions with Big Data Analytics. Naveen completed his programming qualifications in various Indian institutes.

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