Saturday, March 6Digital Marketing Journals

conversational-ai

Why banks need to embrace Conversational AI … quickly … | by smartbots.ai | Mar, 2021
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Why banks need to embrace Conversational AI … quickly … | by smartbots.ai | Mar, 2021

Hey Bank! Listen! Do me a favor and just get a chatbot to talk to me. Enough of the long waits, unending IVR menu items, and dumb customer support agents-A frustrated bank customerFor customers, dealing with banks once meant visiting the branches, waiting in line and getting the work done. But in this digital age, websites and mobile apps are the go to communication channels between customers and banks. This has made it very easy for banks to reach their customers and have enabled customers to have their financial information at the click of button. This shift in communication channels has led to customers expecting quick, delightful and personalized experiences from the banks.Banks and Financial institutions have always been slow in adopting the latest technology and hence are falling ...
Getting started with Conversational AI is easier than you think. | by Stallin | Feb, 2021
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Getting started with Conversational AI is easier than you think. | by Stallin | Feb, 2021

Conversational AI is the technology behind chatbots, voice bots, and virtual assistants (VA). Enterprises are looking towards conversational AI technology to enhance customer support, and employee and customer loyalty. The adoption is increasing during pandemic times and is only going to accelerate in the future.While conversational AI technology can address many business challenges, business leaders often find it challenging to take the right set of decisions and initiatives, given the state the industry is in. In most cases, enterprises have tried to acquire daunting NLP and AI skills in-house and struggled to get a quality solution. In a few cases, enterprises have spent a full year and a few million to get the solution that best fits their business need. In a few more cases enterpri...
How to get started with Conversational AI | by Humley Ltd | Jan, 2021
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How to get started with Conversational AI | by Humley Ltd | Jan, 2021

Conversational AI has been on the radar for many organisations over the last few years. The challenges of the pandemic have brought the technology to the forefront of many businesses’ priority investment lists because of its ability to provide connectivity and on demand support. In fact, industry analysts Markets and Markets predict that by 2025 the Conversational AI industry will grow from $4.8 billion in 2020 to $13.9 billion in 2025.With such demand, it is important for organisations to understand what exactly Conversational AI is and how to implement it to achieve transformative efficiencies and the outcomes desired.Chatbots have been around since the early 1960s, getting slightly more sophisticated as the decades rolled on, but only as proof points of what was to come downstream. B...
IVR Deflection vs Conversational IVR: How to Improve Customer Satisfaction | by Haptik | Jan, 2021
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IVR Deflection vs Conversational IVR: How to Improve Customer Satisfaction | by Haptik | Jan, 2021

Interactive Voice Response (IVR) is a ubiquitous yet disliked tool for customer service. While businesses adopted them to respond to customer queries and calls effectively and reduce support costs, it created massive resentment among customers. This dissatisfaction reached a point where a large US telecom carrier decided to do away with IVR altogether and allow customers to contact human agents directly. While IVR helped organizations achieve efficiencies to some extent along with reduced cost per call, customers found the impersonal interactions to be less than satisfactory.IVR Is Transforming To Be More RelevantDespite the shortcomings of IVR, it is not going away. Instead, it is undergoing a transformation to provide better ways to serve customers. Primary among the changes is the ri...
The Renaissance of Conversational AI | by Aion Digital | Jan, 2021
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The Renaissance of Conversational AI | by Aion Digital | Jan, 2021

By Sheraz Sharif, Head of Data and Cyber Security at Aion DigitalCustomer support is one of the most essential areas to respond to your consumer needs, address their concerns, build community, relationships, and loyalty around the business brand. Just like everything else, customer support was directly struck by Covid-19 because of its operating model.For most establishments, customer support is still primarily managed through manual means, it requires human interaction which means high cost and inconsistent results. However, customers need for immediate results are growing more with each day. As per estimates, 65% of consumers still utilize call center channels to connect for inquires. Another interesting stat is that nearly 50% of consumers expect a response on questions or complaints...
Get Started With Conversational Ads For Google | by Vibhu Dhariwal
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Get Started With Conversational Ads For Google | by Vibhu Dhariwal

From the last two decades, Google has been one of the best digital advertising platforms. Advertisers and digital marketers use this platform to reach a wider audience either by ranking on rich keywords or by using display advertising campaigns.According to the reports, Google has earned $52 billion in the last 15 years, which is 30% of the total revenue of global ad investment. Google ad gets an average 8% clicks click-through rate, and yields more than 180 million impressions every month.There are many formats that Google offers for advertisements like YouTube videos, PPC, Maps, Business Listing, etc. With its wide range of resources, Google has been ruling the world of search engine based advertising. But are you able to get a good ROI from your promotional campaigns on Google?Many b...
Individual implementation of chatbots in healthcare | by Aurosikha Priyadarshini | Jan, 2021
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Individual implementation of chatbots in healthcare | by Aurosikha Priyadarshini | Jan, 2021

Shortening of the English “chat” to converse and “bot” (robot), a chatbot is similar to a conversational agent. Concretely, it is a machine program, designed most of the time to perform a defined task. Its particularity lies in its capacity to interact in natural language with the user. Because unlike other electronic dialogue tools such as interactive voice servers, the chatbot enables them to show themselves more or less freely through a text or voice interface or sometimes even hybrid.A chatbot with a textual interface will principally be obtainable from a smartphone or a computer. It can be a stand-alone appliance or integrated with a mobile app or a website. Communicating with “it” is very much like an SMS transfer, usually coupled with pre-defined question-and-answer series, in th...
How to automate Insurance Claims with Chatbots? | by Haptik | Jan, 2021
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How to automate Insurance Claims with Chatbots? | by Haptik | Jan, 2021

Like all other businesses, insurance companies are looking at digital transformation as a critical factor for survival and growth in times to come. Customer experience through personalization and automation is the outward manifestation of this transformation. Internally, automation is the key driver for efficiency. Adopting Artificial Intelligence (AI) makes the process easier and feasible for an insurance company. Use cases for AI adoption include customer-facing implementation of insurance claims chatbots or internal operations, including settlements.There are many instances of insurance companies bolstering their claims processes with the help of intelligent agents. can approve 70 to 80% of claims immediately with AVA’s help, an app based-claims assistant. Through such efficient proc...
How to test your chatbot designs before release | by Vittorio Banfi | Dec, 2020
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How to test your chatbot designs before release | by Vittorio Banfi | Dec, 2020

In this tutorial, I will show how you can perform a chatbot test without having to wait for the bot to be actually released. This feature is very useful to start grabbing real user feedback and see how real people will react to your bot. By prototyping early on, you will be able to adjust your design based on how users react to it — specifically, it’s important to discover:What do the users type when confronted by your design?What do users expect when using your chatbot?Are the utterances (training phrases) realistic and will they work?With the prototype feature, you can use the user test to inform your design decisions, as well as improving your training phrases.We also have released an AI-powered user testing — it allows you to leverage OpenAI GPT-3 to test your chatbot as if it was a...
Rasa export demo: The Concertbot. To demonstrate the power of the… | by Vittorio Banfi | Dec, 2020
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Rasa export demo: The Concertbot. To demonstrate the power of the… | by Vittorio Banfi | Dec, 2020

To demonstrate the power of the Botsociety Rasa export, we re-designed the official Rasa example ‘Concertbot’ in Botsociety. It will give you a good idea of what you can accomplish by using a Botsociety design as the starting point of your Rasa project. We will also break the export file by file, showing how to use them in your Rasa project.Note: This blog post will not go into the details of how to design a chatbot on Botsociety. If you are interested in that, check out the rest of our tutorials here.Before we start, the files! We will be using a design file on Botsociety that will export the ConcertBot example.The design file can be found here:The Rasa Concert bot example that I reference can is in the official Rasa Github repository. Here:Ready? Let’s go!Exporting the design fileThe ...