Business leaders are rapidly discovering that customer experience is the key to increasing sales. The best conversion opportunities generally come from loyal, engaged, and satisfied customers.
While human agents go a long way towards delivering exceptional customer service, they’re only capable of so much. Human employees can only handle so many queries within a specific time frame. In a fast-paced world, chatbots are beginning to emerge as the ultimate supplement to the human agent, delivering more around-the-clock opportunities for sales. According to Accenture, 56% of IT leaders believe conversational interfaces will drive disruption.
Today’s chatbots aren’t just question-and-answer machines. The most innovative conversational tools can deliver highly personalized, intuitive experiences with access to context and data. What’s more, they provide measurable results. Studies show chatbots can increase leads by 67%, and 57% of businesses say chatbots deliver substantial ROI for minimal effort.
Here are five ways you can use chatbots to enhance your sales effectively.
Automate More of the Sales Cycle
Selling to customers requires companies to engage in a consistent cycle of searching for and engaging leads across multiple channels. With chatbots, it’s possible to automate the initial stages of this journey, connecting with customers proactively and guiding them towards sales opportunities.
With the correct conversational AI technology, businesses can integrate their bots into their existing customer messaging tools across the web and mobile and walk them through the purchasing process. For instance, a chatbot could reach out to a customer on WhatsApp, direct them to recommended products on a website, and answer questions on shipping and delivery.
All of this not only enhances the purchasing experience for the customer but also reduces the amount of work left for sales professionals to do so that they can focus on other deals.
Leverage Upselling and Cross-Selling
Chatbots can be an excellent way to generate leads and increase customers’ average order value too. One of the best ways to increase sales and revenue in any business is to encourage existing customers to purchase more. A chatbot can offer insights into some of the top products and services each customer might be interested in.
With access to contextual information and behavioural data about each customer and their purchasing habits, a chatbot can make suggestions on the kind of products a client might benefit most from. It can also offer advice on which bundles of services or products to purchase simultaneously.
Companies can even use chatbots for post-selling strategies. For instance, after a client buys a product, a chatbot could reach out on their preferred messaging channel to offer them additional products or services they may be interested in.
Reduce Cart Abandonment
One of the main issues facing companies struggling to increase their revenue and sales is the persistent problem of cart abandonment. In today’s complex digital world, it’s easy for customers to get distracted before they complete a purchase. This could mean clients leave a website or purchasing page before they’ve had the chance to finish a transaction.
An automated and conversational chatbot can track the customers who often leave products in their baskets and send reminders not to miss out on a deal. They can reach out to clients via SMS, email, or messaging and even offer discounts or special offers to increase their chances of purchasing.
Sometimes customers just need a quick reminder to bring them back to a website or application so they can finish their transaction.
Respond to Customer Queries
Many customers in today’s landscape have several questions they need to ask before they’re willing to make a purchase. People might want to know more about how long it takes to receive an item via standard shipping or the policies for returning an item or getting a refund.
Unfortunately, many clients won’t want to call a company and wait for a human being to respond to their questions in a complex landscape. Implementing a chatbot into the sales cycle is an excellent way for businesses to ensure they can address any concerns customers have instantly.
A chatbot can easily search for information and deliver personalized, relevant responses to questions in seconds. This can make it easier for customers to complete their purchases confidently.
Increase Customer Loyalty
According to studies, a 5% increase in customer retention and satisfaction can deliver more than a 25% increase in profits. Ultimately, existing customers are easier to convert than new customers, more willing to purchase additional items, and more loyal to the brand.
However, creating dedicated repeat customers requires businesses to develop an ongoing and consistent rapport with their audience. Chatbots can help with this process. An intelligent conversational chatbot can reach out to customers through various points in the buying cycle. The right tool can suggest products the customer may be interested in, then check in after the purchase to see how everything is going.
Because bots don’t sleep or have specific working hours, they can concentrate on maintaining strong customer relationships 24/7, all year.
Improve Your Sales and Revenue with Chatbots
Chatbots have the potential to significantly increase the revenue opportunities of businesses in any industry today. However, company leaders must ensure they’re using the right chat and conversational technology.
“Chatbots and conversational AI are quickly changing the way businesses interact with their customers,” says Marisa Brown, Communications Manager at Soprano Design.
“Soprano is helping these businesses connect with their customers on a new level through personalized communications that are easily integrated and proven to increase customer engagement. If you’re not using chatbots yet, you’re not unleashing the full potential of your communications.”
An intelligent chatbot like Soprano Connect’s Ubisend combines all of the best features of any chatbot solution into one environment, from process automation to multilingual capabilities and integrations with third-party software. Plus, it has its built-in natural language processing technology to understand and respond to customer intent.
Investing in a truly intelligent, conversational chatbot ensures businesses can create more meaningful experiences for their customers.
