Retailers turning to A I technology to help them combat the 2023 Recession
As the word recession is on the lips of so many economists and financial institutions, businesses are beginning to explore new and innovative ways to stay afloat. One of the most trending methods used in recent years is artificial intelligence chatbots. These chatbots allow customers to interact with a computer system that can mimic human conversation, providing them with real-time discounts on products and services.
There are many benefits of using AI chatbots for business owners. Some of these include:
1) Increased Sales: Chatbots can help businesses increase their sales and footfall by up to 30%. This is because they provide customers with instant access to discounts on products and services.
2) Greater Customer Engagement: Chatbots keep customers engaged by allowing them to actually talk to a computer system that mimics human conversation. This creates a more personal connection between customer and business owner, which can result in increased loyalty and repeat business.
3) Reduced Costs: The use of chatbots helps reduce costs for businesses by automating routine tasks such as customer service inquiries or sales enquiries. This allows businesses owners to focus on more important tasks while still providing great customer service.
4) Update offers, run promotions in real time without spending huge sums of investment in paper and ppc adverts
The Launch of the Shoppers Discount Club
After a significant period of closures during lockdown with many customers opting for online retailers to meet their needs, retailers have struggled to incentivise those shoppers back in-store.
Diane Shawe founder of the Shoppers Discount club App was inspired by the use of QR code technology in the hospitality sector, so the company set out to deliver a benefit to retailers using the same technology people had become so accustomed to. Diane was delighted to bring her background in technology and retail together to be able to offer retailers something which will truly make a difference and provide the much needed solution stores need to increase footfall again.”
The app provides bespoke, QR codes and POS material for shoppers to display in their store fronts. These QR codes host live discounts which shoppers can redeem in-store and are fully-customisable to retailers, allowing them to discount certain products to yield increased profits.
“With the rising cost of living, everyone is looking for a deal” states Diane.
Additional benefits for retailers include the ability to personalise discounts to different target audiences including pensioners, students, traders, local residents or government workers, making offers as targeted and relevant as possible. Retailers also keep 100% of their profits, compared to other online discount offerings.
Overall, conversational chatbots offer many benefits for businesses looking to survive the recession and thrive in today’s economy. They allow businesses to offer greater value to their customers while reducing costs, making them an essential tool for any company looking to stay competitive in today’s market
If you would like to find out more about this new must have app visit https://more-customers.shoppersdiscount.club