With less than three weeks until Christmas, retailers' customer service agents are gearing up for the holiday rush, akin to athletes preparing for a high-stakes competition. The flurry of activity during this peak shopping period requires retailers to ensure they have enough staff to handle the increased number of customer inquiries, returns, and complaints to ensure the holiday season is a smoothly orchestrated event rather than a challenging obstacle course with unnecessary stress.
And help is on its way. Natural language processing (NLP) can quickly sift through vast, unstructured data points, identifying patterns and reformatting material into formats workable for algorithms. It can automatically and efficiently process image, audio, or text-based data like emails and instant chat messages to identify consumers’ queries. Then, it uses its mighty knowledge bank to solve in seconds.
But it’s not in every retailer’s end-of-year budget to have a communications platform overhaul. Don’t panic; it doesn’t have to be. Let’s find out how retailers can take advantage of the latest no-code chatbot solutions and boost customer satisfaction in their stores.
Retailers’ CEOs and CIOs want the ability to pivot to innovations easily as they emerge without being locked into a single arrangement. Yet, the cost of training a “mega” large language model (LLM) like GPT-3, for example, can exceed
As AI expenses soar, CIOs are turning to open-source software to create compact AI models tailored for specific jobs. These fine-tuned plug-in solutions offer flexibility and affordability, putting AI innovation within reach for smaller entrepreneurs.
Open-source software across a consistent hybrid cloud environment simplifies building and deploying AI models. Communications providers are offering suites of AI features so that developers can plug and play with different functionalities without additional development costs so that they can find the right solution for their target market.
Once integrated, retailers’ developers can continuously improve their fine-tuned models based on consumer feedback. Take
One way retailers can improve customer service in peak times is to boost their website usability by making sure that relevant information is easily available.
LLMs’ dual power of processing information and sifting through training data enables businesses to provide immediate, personalized support 24/7. Customers can use these features to handle basic inquiries, resolve issues efficiently, and escalate complex matters to human agents.
If customers are looking for new footwear and feel overwhelmed by the options, they can turn to generative AI for assistance. Fine-tuned models can summon stores' product lines, features, and benefits and operate as customers' advisors. Responding to customers’ e-commerce queries quickly, and in a conversational manner that users can understand, builds trust and satisfaction. This helps retailers remove friction and makes processes smoother for everyone involved, ideally leading to increased sales.
The increasing availability of virtual assistants, thanks to no-code platforms, doesn’t mean that customers will only interact with chatbots. Rather, no-code chatbots can provide behind-the-scenes assistance, such as accessing information, summarizing correspondence, and drafting emails. Meanwhile, human support agents, particularly in smaller businesses, continue to deliver frontline contact with customers.
Digging through a cluttered inbox searching for a specific note can be exasperating, mainly when email providers sort results by recency rather than relevance. It doesn’t matter how many filters and folders service teams create to help them prioritize; getting to each customer promptly takes time. Generative AI can give time back. From smart searches that can pull up any email mentioning ‘returns’ to auto-filling common responses, these behind-the-scenes assistants don’t waste a second. With instruction-tuned LLMs, the model can effectively determine which parts of the input to concentrate on before generating a response.
On top of answering customer queries efficiently and streamlining operations, customer service teams can go above and beyond reaching wider audiences with text-to-audio and translation capabilities. These tools increase accessibility from voice-activated systems for on-the-go consumers to anyone who struggles with speech impairments, hearing, or sight — converting information into a format that suits them.
In 2020, IBM found that
The accessibility of no-code solutions empowers developers to build and deploy intelligent chatbots effortlessly. These neatly packaged algorithms, offered by communications providers as convenient plug-in widgets, enable computers to understand and respond to human language. This simplicity facilitates seamless integration into their company communications platforms for both developers and non-coding experts so that retailers can offer customers, and their service teams, virtual assistants at any point in their e-commerce journey.