Different
Ways To Use AI Right Now For Speedy Business Solutions
Vijay Parekh
3 years ago
Table of Contents
1. TRAINING AND LEARNING
2. DECISION AUTOMATION
3. WEBSITE ANALYTICS
4. HYPER TARGETED ADVERTISING
5. PATTERN RECOGNITION
6. STREAMLINING MUNDANE TASKS
7. VIRTUAL ASSISTANCE
8. INFLUENCER MARKETING OPTIMIZATION
9. PROBABILITY MODELS
10. SOCIAL MEDIA SENTIMENT ANALYSIS
11. CONTENT CREATION
12. IMAGE MANAGEMENT
13. ON-SITE CHATBOTS
14. RETARGETING
Artificial intelligence is the future of business,
but you do not have to wait on to start leveraging it.
Artificial
intelligence is speedily developing, and businesses around many industries
stand to benefit from this technology. From reorganizing organizational duties
to improving marketing operations, there are a number of ways AI can boost up
productivity and efficiency.
While it is still
in its initial days of acceptance by businesses, you may find AI can give you a
big advantage as you look for ways to fulfill it within your own organization.
We asked the members of Young Industrialist
Council for some specific methods
businesses can leverage artificial intelligence at present and see speedy
results. Their best answers are below.
1.
TRAINING AND LEARNING
All
the Way Through AI, we can educate more people and boost their knowledge. Gaps
in knowledge will be filled more rapidly and at ease through AI exams and tutoring.
Your team will now be more self-confident in doing their roles and more ready
than ever. Soon, you will see how a person grows and gets improved within the
company, and more people will be encouraged to learn.
2.
DECISION AUTOMATION
The
key to successful AI implementation is producing leverage. Worthwhile AI makes choices
speedily and frees up your management team for other work. Leverage varies for
every industry. For example, if you do not spend much time dealing with leads,
then don’t bother with a chatbot. Or if your COO is always dealing with
suppliers, then automate your bid selection process.
3.
WEBSITE ANALYTICS
Since
most businesses have a website, keeping track of data through website analytics
is a great tool. It is so advantageous to know what is trending and what people
are searching for so you can enhance your site’s SEO strategy. In turn, this
helps your website ranking improve, therefore helping your business quickly
become more familiar to your target audience.
4. HYPER TARGETED ADVERTISING
Developments
in AI have made it easier for algorithms to detect your advertisements’ target
audience. Similarity-based explainable AI uses machine learning to find
strategic ad placements and suggestions based on how your audience responds to
your movement. Tools that run XAI applications remove much of the legwork in
placing your ads for maximum ROI.
5. PATTERN RECOGNITION
Use
AI to look for patterns in your data. Once you have a lot of organized data,
you will be able to use AI to make better business decisions that you might be lacking
with the naked eye. Download your traffic data, CRM data, and any other
structured data that you have and use AI to analyse the patterns.
6.
STREAMLINING MUNDANE TASKS
Using
AI to take everyday tasks out of the hands of employees is a great way to see
quick results. Plus, the data garnered from having AI handle these tasks is
more accurate, further increasing the productivity of your team.
7.
VIRTUAL ASSISTANCE
All
business holders need computer-generated support sometime in their work, just
like Alexa, Siri and Google now act as personal assistant in people’s daily
lives. Apart from talking to home appliances, VAs is taking over the e-commerce
platforms. For instance, Amazon has integrated Alexa into its platform where
users can search for products and the latest gigs online.
8.
INFLUENCER MARKETING OPTIMIZATION
Striking
a solid deal with the right influencers can be difficult. With AI-powered
machine learning, however, you can identify the right influencers for your
market audience and target reach. These tools can forecast how well an
influencer will perform with your specific product campaign and ensure you get
the most out of your market approach.
9.
PROBABILITY MODELS
Try
the machine learning applications, already working in areas such as facial identification
on Facebook, to predict behaviours across your social media. In your monthly
strategic and tactical plans for social media, run an AI application
probability model to measure preferred metrics. Probabilistic modelling helps
predict conversions, likes, and types of content performance based on existing
data.
10.
SOCIAL MEDIA SENTIMENT ANALYSIS
A
social media listening tool will pick up brand and product mentions and
aggregate them for you. Sentiment analysis will let you know if your audience
is expressing a positive, negative, or neutral feeling. Imagine what an impact
this will have in managing PR. You will be able to pick up vital info quickly
and step in to mitigate any major issues. This is a strong way that AI can
help.
11.
CONTENT CREATION
Most
businesses have blogs, and if those blogs do not provide relevant, valuable
information, then they will fail to drive traffic and produce sales. AI can
help your business create topics relevant to your industry that also rank well
in search engines, so your blog has a higher chance of visibility.
12.
IMAGE MANAGEMENT
There
are many reasons why a business may deal with images. If you have an e-commerce
site, your sellers need to upload pictures to showcase products. People also
insert images when submitting guest posts. AI can automatically process and tag
inappropriate images, duplicate images, or poor-quality ones so that they get
flagged. This saves you time and prevents major problems.
13.
ON-SITE CHATBOTS
Most
companies have a live chat service that they use to help customers. Quite a few
of them are beginning to add chatbots to their website with live agents. The
bots act as marketing tools, a customer resource portal, and a self-service
application for solving simple problems like changing a password. It is clear
that AI, in this instance, plays a prominent role in exponential growth.
14.
RETARGETING
You
visited an e-commerce store or any website but did not complete the purchase.
Now you are seeing their ads on every site you visit. That is AI at work. So,
if you have an online presence, you can do the same with AI-embedded Facebook
and Google advertisements. Once you have identified them, either through past
advertising or a custom list, you can target and re-target your users.
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