The E-commerce market has become the need of the hour and is expanding fast. With the rising user demand, it has become essential to maintain the uninterrupted flow of services around the clock. Catching up with the growing needs of buyers is one of the most important trends in the online commerce market. When companies realised that they are finding it difficult to fulfill the growing needs of the customers and adapt as per them, they switched to automation. As a result, we now have AI chatbots that can amplify customer-driven and customer-centric practices through conversational chatbot marketing.
Why does your e-commerce business need AI chatbot?
Artificial Intelligence based chatbots are increasingly replacing traditional customer engagement forums. Automation is the key to enhance the potential and pace of operations. Today, many e-commerce giants rely on AI and ML to understand the buying pattern of millions of users. This helps them build a successful marketing campaign and pitch products to the buyers accordingly.
In fact, this kind of growth in e-commerce represents that people have shifted towards such tech-based AI platforms.
Check out the demo video of Engati’s e-commerce platform here to know more about conversational chatbot marketing!
Conversational chatbot marketing is the future of e-commerce
Fast, Reliable and Cost-effective Customer Support
Chatbots remember user interactions and queries. They are available 24X7 and they respond instantly. E-commerce businesses that were unable to maintain this instant support had to shut down because the competition was providing 24X7 support anyway.
Chatbots can answer all repeated queries of the customers regarding products and services in real-time. With instant support and two-way communication, bots can establish a real connection with the users. As a matter of fact, the major part of the E-commerce operations relies on traditional customer engagement and support methods.
AI chatbot can answer 80% of the repeated queries of the users. And, in case it fails to address the issue, it will instantly transfer the query to a live chat agent. A bot can tell users about the offers and benefits of paying online.
Almost every e-commerce website offers FAQ, customer reviews, and a questions section. These are essentially designed to clear the clutter, that a buyer might encounter while making a purchase.
AI chatbots serve as a better platform to let customers compare products
One-on-one conversation is the most effective way to engage and convey a message to users.
E-commerce companies allow the users to compare products and filter them as per their requirements. With all the information printed on the screen, customers often struggle to find the factors that can influence them to buy a product.
AI chatbots, on the other hand, help users in understanding the basic difference between the products and which one can be best for them as per their requirement. By commanding the E-commerce chatbot, a customer can ask to filter out specific information. This gives them a sense of command as well as make the process easier.
AI chatbots prove to be the perfect knowledge base
The process of educating customers with necessary information is easy with AI chatbots. For example, when a customer selects a specific product, the bot will offer the one-touch access to the FAQ section within the chat screen. Moreover, in case a user wants specific information, then the bot will take the input and present the asked information within seconds.
As a result, the interaction of the e-commerce chatbot with the users can help them simplify the process, boost engagement rate and sales.
Bots can sell more with storytelling
Storytelling is a pure form of art. When infused in AI ecommerce chatbot, it can help connect brands with customers. This ultimately enhances the engagement rate once AI chatbots master the conversations by learning from user inputs.
In a way, ecommerce businesses don’t just sell products to their customers. Instead they educate them about the product and keep it alive in their memory. They engage visitors using interactive tools, such as Images, Gifs, Videos, and Audio. This ultimately results in grasping the attention of the users and keeps them interlocked with the bot.
Analytics helps in scaling up the sales
In e-commerce, there is nothing more valuable than interested buyers. These buyers mark their favourite products on the website. They either make an instant buyer decision or abandon the carts and wishlist section in cold state for months. As a result, millions of products don’t reach the customers.
Fortunately, AI bots are changing this practice altogether. A bot can understand the requirements of the visitors by analyzing the products in their carts and wishlist. Further, bots can recommend better products to users. This can result in the growth of the customer base as well as will enhance sales.
Email marketing and form filling with chatbots
AI bots can engage with users with the help of automated trigger emails and instant responses. Moreover, ecommerce businesses can take advantage of chatbots for persuading customers to fill up forms and collect the data.
There are two ways an e-commerce business can get the feedback of the customers. First one is via reviews and the other is via web forms. If a business puts too much focus on collecting manual reviews then sooner or later they will realise that it is not cost-effective. This process is, in fact, too time-consuming. Hence, very few customers post their genuine reviews. On the other hand, in case of the delivery of the defective product, a customer makes sure to post the bad review.
Bad reviews hurt the business and that’s why there’s a need to enhance the customer experience. Via AI chatbots, e-commerce businesses can trigger the feedback collection process as per the defined time. Then a bot can get the feedback of the users while interacting and sympathizing with them. And, assuring them that their issue has been transferred to the concerned team in real-time.
This way, you can reduce the impact of bad marketing via AI chatbots. Instead, the chance is that people may promote your platform as the most reliable one among their friends and family members.
Chatbot metrics and analytics
When most people think of AI chatbot they consider it as a conversational interface. But, when utilized correctly, they can act as a goldmine.
Right user metrics can do wonders to your business. But, traditional tools fail to fetch important details regarding the interaction of the website visitors. However, an AI-based E-commerce chatbot can collect exclusive details of the users in real-time like, interaction with products, preferences, what they disliked, and how they responded to the chatbot, etc. When utilized correctly, these user details are no less than a gold mine. They can help E-commerce businesses to enhance the customer experience by improving the services in the right direction.
The best way is to set an early impression on the user and this could be done by adding a welcome message right in the beginning such as ‘Hi, I am the virtual assistant of ABC, How can I help you? Or “Hi, Welcome to abc.com’. What are you looking for? Here are some options to begin with”.
See how Engati’s e-commerce template from the bot marketplace improves conversational chatbot marketing.
Ease customer executives: As chatbots can handle 80% of the repeated queries of the customer, they can help customer care executives to keep the locus of support to solve complex queries. By addressing complex queries with priority, you can win more customers while reducing the operation cost.
Tailor personalized services: AI chatbots remember the past interactions of the users, and use them further to customize the future conversations. Moreover, bots can keep the focus on customers while promoting the products or services. Plus, by personalizing the services, you boost the engagement rate, and also save the time of customers by promoting relevant products.
Record real-time interactions: AI chatbots enable e-commerce businesses to get hands-on real-time user interaction. This information can be analyzed to improve the services as per the user input. The instant access to critical data reduces the operation cost, and also maximize the efficiency and functioning of a business.
AI bots allow you to get an overview of the total messages sent by the users. This data can help in understanding the engagement of the visitors, and if the conversational flow is intact or not. Businesses look for further categories that help them build a proper conversational flow for better bot performance and user engagement.
Note: If you are getting good website traffic but low bot-visitor engagement rate, then you should consider revising the conversational flow of your bot. If you would like to seek help from Engati, check out our bot marketplace!
With an AI e-commerce chatbot businesses can get all the information about how many users visit the website. This serves to be useful because visiting users don’t just add to the traffic but businesses must engage them so they become potential buyers.
Tip: Engati builds chatbots for e-commerce and retail businesses. If you would like to take a look, visit this link!
User stats and session length
In addition to the above-discussed metrics, user stats section gives businesses a combined list of analytics of user engagement. It displays the duration of the bot-conversation for the average sessions per day, average incoming messages per user, and more.
All this information can work as a goldmine for e-commerce platforms. Moreover, by introspecting the overall performance of the chatbot you can understand the behavior of the website visitors to improve engagement.
E-commerce businesses always thrive to delight their customers with an unparalleled experience. But, with traditional tools of engagement, it eventually results in average customer satisfaction.
Good customer experience will always lead to a good customer satisfaction rate. For this, conversational chatbot marketing is coming out to be quite useful.
E-commerce businesses often struggle to improve the customer experience. This is mainly because unhappy customers are unlikely to return and make a purchase again. Therefore, it’s important to understand if a customer is happy with the services or not.
Apart from the business perspective, it’s extremely important to get the feedback of the users. It can help detect the weak points in the chatbot conversation flow that may include incorrect answers, poor conversation design, repetitive responses, and knowledge gaps.
To know more about conversational chatbot marketing, please visit Engati!