Benefits of Chatbots in Business
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Questions and Answers

Chatbots can answer questions, provide complete information about your products and services, and ask for an ______ address to send details

email

______ Advertising uses AI to automate the buying ads and being able to target audiences

Programmatic

______ delivers a unique experience to customers based on their choices and preferences

Personalization

Programmatic Advertising uses AI to automate the ______ ads

<p>buying</p> Signup and view all the answers

______ rates for personalized emails is higher

<p>Open</p> Signup and view all the answers

______ interact and engage with their large network of followers and consumers on social media

<p>Influencers</p> Signup and view all the answers

Personalization delivers a unique experience to customers and is considered a better option than ______-fits-all marketing

<p>one-size</p> Signup and view all the answers

Programmatic Advertising uses AI to automate the process of ______ ads

<p>buying</p> Signup and view all the answers

Consumers add or subtract brands as they evaluate what they want during the ______ evaluation.

<p>active</p> Signup and view all the answers

Digital platforms and channels are used for ______ gathering and shopping.

<p>information</p> Signup and view all the answers

Blogs, influencers, and social media are examples of ______ media used for information gathering.

<p>social</p> Signup and view all the answers

Using ______ platforms and channels increases the chances of success of the marketing campaign.

<p>digital</p> Signup and view all the answers

An ______ is an AI-based technology that uses an instant messaging format to chat in real-time with customers or site visitors.

<p>chatbot</p> Signup and view all the answers

Artificial Intelligence can analyze consumer behavior and search patterns, utilizing ______.

<p>data</p> Signup and view all the answers

[Blank] Intelligence can retain information of customers.

<p>Artificial</p> Signup and view all the answers

The number of times an ad or content was seen or served is referred to as ______.

<p>impressions</p> Signup and view all the answers

Brokers bring together the ______ and the seller

<p>buyer</p> Signup and view all the answers

In ______ transactions, brokers list a product or a service that another company offers, collect the payment, and the other company fulfill the promise of the offer.

<p>broker</p> Signup and view all the answers

AirBnb, Uber, and Grab are examples of ______ transactions.

<p>broker</p> Signup and view all the answers

The consumer selects a brand at the ______ of purchase.

<p>moment</p> Signup and view all the answers

After purchasing a product or service, the consumer builds expectations based on experience to inform the next ______ journey.

<p>decision</p> Signup and view all the answers

The consumer considers an initial set of brands, based on brand perceptions and exposure to recent ______ points.

<p>touch</p> Signup and view all the answers

Digital Ads and Search Engine Optimization are examples of ______ that influence the initial consideration set.

<p>touch</p> Signup and view all the answers

Sites pay to be listed more prominently on ______.

<p>Google</p> Signup and view all the answers

Study Notes

  • Artificial Intelligence (AI) analyzes consumer behavior and search patterns, utilizing data to understand how users and customers find products and services.

Chatbots

  • Answer questions and provide complete information about products and services.
  • Can retain information so that a customer doesn’t have to start over with every new interaction.
  • Use an instant messaging format to chat in real-time, day or night, with customers or site visitors.

Programmatic Advertising

  • Uses AI to automate the buying of ads and target audiences.
  • Delivers a unique experience to customers based on their choices and preferences.

Personalization

  • Delivers a unique experience to customers based on their choices and preferences.
  • Considered a better option than “one-size-fits-all” marketing.
  • Open rates for personalized emails are higher.

Digital Platforms and Channels

  • Influencers interact and engage with their large network of followers and consumers on social media, talking about a particular brand.
  • Information gathering channels include:
    • Blogs
    • Influencers
    • Socmed
    • Website
    • Groups/communities

Impressions

  • The number of times an ad or content was seen or served.

Digital Broker Transactions

  • Bring together the buyer and the seller.
  • Collect payment, and the other company fulfills the promise of the offer.
  • Examples include Airbnb, Uber, and Grab.

Sell Leads or Referrals

  • Similar to broker transactions, connecting buyers and sellers.
  • Get paid for sending a customer and their details to a potential seller.

The McKinsey Consumer Decision Journey

  • Initial consideration set: Consumers consider an initial set of brands based on brand perceptions and exposure to recent touch points.
  • Moment of purchase: Consumers select a brand at the moment of purchase.
  • Post-purchase experience: After purchasing a product or service, consumers build expectations based on experience to inform the next decision journey.

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Learn about the advantages of using chatbots in businesses, including answering customer queries and providing information about products and services.

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