Applications of AI – Chatbot
Tushar B. Kute,
http://tusharkute.com
Chatbot
• Chatbots are software applications that use
artificial intelligence & natural language
processing to understand what a human wants,
and guides them to their desired outcome with
as little work for the end user as possible.
• Like a virtual assistant for your customer
experience touchpoints.
Chatbot
• A well designed & built chatbot will:
– Use existing conversation data (if available)
to understand the type of questions people
ask.
– Analyze correct answers to those questions
through a ‘training’ period.
– Use machine learning & NLP to learn context,
and continually get better at answering those
questions in the future.
Chatbot
Chatbot
• One of the most interesting parts of the chatbot
software space is the variety of ways you can build a
chatbot.
• The underlying technology can vary quite a bit, but it
really all comes down to what your goals are. At the
highest level, there are three types of chatbots most
consumers see today:
– Rules-Based Chatbots – These chatbots follow
pre-designed rules, often built using a graphical
user interface where a bot builder will design
paths using a decision tree.
Chatbot
• Continued...
– AI Chatbots – AI chatbots will automatically
learn after an initial training period by a bot
developer.
– Live Chat – These bots are primarily used by
Sales & Sales Development teams. They can
also be used by Customer Support
organizations, as live chat is a more simplistic
chat option to answer questions in real-time.
Chatbot
Why Chatbot ?
• Today’s marketing & sales teams are under a lot of
pressure to not only show results, but to constantly
be improving the customer experience.
• It’s a big task. Not to mention the ever-increasing
expectations of todays consumers (aka, the Amazon
effect).
• Today, we expect answers immediately and we
expect that they will be accurate. This can be done
with human beings up to a certain tipping point, then
technology has to be the answer. This is why forward-
thinking brands have adopted chatbots to help them.
Why Chatbot ?
• Increase their website conversion rate – Marketers put a lot of
work in to drive traffic to their website, to only have that
traffic convert anywhere between 0.25%-1.0%.
• Generate more qualified leads – It would be nice if we could
talk to every lead and ensure they’re a good fit before we
schedule a meeting. In reality, that’s impossible for most
organizations to do at scale. Bots can help use advanced
qualification logic to do lead qualification and improve sales
acceleration.
• Combat Customer Churn – Bots are a perfect answer to high-
volume support inquiries, especially where customers become
frustrated with standard knowledge bases that are hard to sift
through.
Why Chatbots are important ?
• There’s no denying the hype that’s been surrounding
automated chatbots over the past few years.
• Whether you view the technology as a passing fad, or
believe that chat bots will revolutionize how people
communicate and interact, the impact chatbots are
having on online experiences is real…and it’s
measurable.
• To help shed light on how chatbots are reshaping online
experiences today, the teams at Drift, SurveyMonkey
Audience, Salesforce, and myclever have come together
to create a data-backed report based on a survey of
1,000+ adults.
How chatbots created?
Example:
Thank you
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