Conversational Commerce: How it solves CX and ecommerce challenges

For environmentalists and prospective buyers on a tight schedule, the chatbot is a knight in shining armor. The KIA team developed a Messenger bot as part of a pre-launch strategy for their new vehicle called Niro. With NiroBot, the team hopes to “make the new-car research process much easier and more efficient for shoppers”. To impress users with it’s clean and simple layout, the information is separated into sections such as Hybrid Engineering, Design, and Technology.

These conversations can be unified across social, voice, email, and messaging platforms — across the entire customer journey. What’s more, you can implement them on both websites and messaging platforms to deliver an everyday experience at different stages of the customer journey. These functionalities have made chatbots a prevalent form of conversational commerce, allowing brands to connect with customers with relatively low effort. With guided shopping chatbots, eCommerce merchants can create personalized brand experiences that convert new customers at scale. A global clothing brand, H&M understands the pulse of style-savvy shoppers who are constantly looking for different styles for different occasions. To cater to the ever-growing demand of its style-conscious clientele, the brand implemented an AI chatbot on Kik, a messaging app with upwards of 300 million users.

Industry Solutions

In other words, conversational commerce can reach customers wherever they are, whenever they need it. The key is to provide the right combination to meet the unique needs of your customers and your company. Conversational commerce is not just the future of customer experience and Ecommerce.

If AI Chatbots perform learning often without human intervention, sometimes strange errors can occur so it is imperative that you train your AI bot appropriately. The Machine Learning technology will help chatbots classify the text and respond to it in the right way. However, you need human intervention to avoid machine errors in the conversation. Analyzing every customer’s conversational record is possible with AI chatbots.

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And for the customer, it minimizes the number of channels they have to use to be in touch with you. The classic example of m-commerce is a customer purchases services or products via an app or a mobile website. Conversational commerce is about using messaging apps and platforms to connect with customers and promote products and services.

Its products are bought by 71 percent of German consumers, while its online cooking school—Maggi Kochstudio—reaches over 1.5 million people a day. Moreover, the platform supported Live Agent Chat, Video & Voice Calling. So, qualified leads would get more personalized details about the project. The system was also seamlessly integrated with Salesforce CRM to create a structured approach for lead management. There is no doubt people mostly choose online shopping to save their time.

Getting Started With Conversational Commerce

Online business owners will reduce the support ticket cost when they add an AI chatbot to the website. Both e-commerce site owners and visitors will have a seamless sales experience and purchase experience with AI chatbots’ conversational sales. AI chatbots will help online business owners to understand their customers’ preferences with the conversation pattern. The sales processes in e-commerce websites will complete fast when you implement an AI chatbot. In simple words, AI chatbots are like real-life sales reps who converse with customers and recommend relevant products by understanding their preferences. Messaging apps like Facebook Messenger, WhatsApp, WeChat and others give customers the ability to interact with chatbots, human agents or both.

Conversational Commerce refers to ensuring smooth communication with brands through conversations using apps like Facebook Messenger, WhatsApp, WeChat, Chatbot, and others. It connects a brand or retailer with consumers and prospects so they get instant solutions and feel engaged. It requires bots and humans to work together to bring the best results. Today, conversational methods can enhance CX and boost customer satisfaction across many online channels and touchpoints. In the near future, customers will expect to talk to your brand with ease whenever they want, just as they expect a convenient web and mobile experience now. For companies invested in Ecommerce, even a small dip in conversion rates can result in millions of dollars of losses.

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It doesn’t matter which form of conversational commerce you’re using, as long as it’s being utilized by your shoppers. Analyze what is working best and use that data to improve other aspects of conversation. It doesn’t have to be expensive with AI chatbots or fancy smart speakers. By simply taking the first step and leveraging the different messaging interfaces that you’re already using, you can create a whole new experience for consumers. One of the world’s leading beauty retailers, Sephora, has three AI chatbots — a virtual assistant, a reservation assistant, and a Kik chatbot.

• In response, your chatbot can send them a carousel of all the products that meet their requirements.
• Conversational commerce allows businesses and consumers to connect at each step along this journey, improving the relationship and increasing the likelihood of customer satisfaction.
• Find out how you can empower your customers to achieve their goals fast and easy without human intervention.
• According to their location, you can suggest products from your nearby outlets.
• A chatbot with artificial intelligence technology will handle multiple tasks on an e-commerce website.
• They help create much more personal and natural customer communication, which can translate into higher conversion rates.

This omnichannel approach can optimize the entire customer journey to boost conversion rates, reduce abandonment, and increase order values. Watch this video to see how AI chatbots can influence virtual shopping experiences. Clara also does a phenomenal job in identifying leads, by asking basic questions through its interaction with the users. This helps in understanding what a customer is looking for and can redirect potential customers to a website or directly to the sales team as well.

Benefits of Conversational Commerce for Customer Support

If a customer doesn’t know anything about a product while visiting the website, conversational AI chatbots inform them about a product’s features and use and can recommend alternate products if necessary. E-commerce websites use AI chatbots to understand the customers’ preferences. Chatbots will identify similar conversation patterns in customers who make purchases.

You’d probably send one message a month or so before the launch to drum up excitement and maybe register some pre-orders. The thing about conversations is that you don’t need a reason to start one. Alternatively, if users have a different query in mind, they can also find info on cleaning instructions, conversational ecommerce repairs, prices, and more. Not only that, but consumer surveys showed that it delivered a 4.2-point upturn in standard ad recall and a three-point lift in campaign awareness. You’ve closed the deal, your customer has started the checkout process, then they suddenly vanish—possibly forever.

140% and 51% more conversions as a result of the initial two offer campaigns run by the chatbot is a rather impressive feat. Your new focus is to build loyal, long-term relationships and create returning customers. Meaningful interaction and better user engagement speed up the purchasing process and maintain a personal touch.

• Chatbots will identify similar conversation patterns in customers who make purchases.
• Regional analysis of conversational eCommerce adoption, potential and future outlook; alongside regional readiness scores.
• Additionally, consumers often treat the shopping cart as their wish list.
• They collect multiple items to find out how much they cost, then leave the cart to compare similar lists at other sites.
• Thanks to the brisk pace of technological progress and innovation, the world of retail is evolving and shifting more rapidly than before.
• Intuitively track your cCom campaigns with our integrated reporting dashboard and gain the best insights from live data.

You give leads the power to reach out when it’s convenient for them, and — with the help of intelligent E-commerce chatbots — you can answer their questions and schedule demos 24/7, 365. You can use it to proactively engage customers visiting your website and with those who otherwise wouldn’t ask for your help. Afterward, you can guide the customer on your website and offer personalized recommendations to help them choose the product. This new focus research from Kaleido analyses the new and fast-growing online shopping channels, namely conversational ecommerce. It provides a summary of market trends, disruption, recent developments and the leading players driving this sector around the world.

To further develop a customer-focused business, solving the customers’ problems is essential. E-commerce sites use conversational AI to understand the issues of the customers and their services and products. If a potential customer has a bad experience on your website, they will almost certainly purchase the products elsewhere.

Between them, these AI chatbots do everything from offering make-up advice and sharing how-to videos to even letting customers schedule makeover appointments at Sephora’s physical stores. Now that we’ve established why your eCommerce business needs conversational AI, it’s time to find out how and where you can use this technology to enhance your business workflow. Here’s the all-inclusive list of conversational AI in eCommerce use cases to help you understand the tasks and functions for which you can use an AI chatbot.