Artificial Intelligence: 5 Tips on How to Make Money With AI Technology
Artificial Intelligence (AI) is already here and the future of AI technology is bright. Artificial Intelligence is a great option for businesses, brands, and even marketers.
Artificial Intelligence: How to Make Money With AI Technology
How Artificial Intelligence Can Help You To Make Money
It has been estimated that by the year 2030, AI will change businesses like Entertainment, Medicine, Transportation, and the online world.
AI generates many opportunities for people who love innovation and new technologies. And also they will make more money.
Here are some tips about how to make money with AI Technology.
Create an App
You can create an app using artificial intelligence. It can be a game app, a travel app, a shopping app, an educational app, and so on. AI technology can make your app popular and useful too.
You can earn money from downloads of the app and ad clicks. Many developers earn money with apps because people love apps.
Create Chatbots
A lot of businesses are using chatbots on their websites. AI can help you to create useful chatbots.
You can use some ready-to-use platforms and customize them to create a chatbot for a business. Once you have sold a chatbot to a company, you have unlimited enterprises to sell the product (with modifications).
Teaching
If you like to share knowledge by teaching others and you know AI, then you have a bright future. AI is a fast-growing and popular technology, and a lot of people would like to learn about AI technologies.
You can teach students offline or use online platforms like Udemy to create your course and earn money from it. You can also start a Youtube channel and earn money from it.
Become A Freelancer
You can become a freelancer and earn money working on artificial intelligence projects. Many companies or businesses want to start an AI project, and they need freelancers to help them.
AI is still a new technology and the payments are high. But you need to have moderate work experience to start taking freelancing work.
Start a Blog or Website about Artificial Intelligence
If you know AI technology, you can create a blog or website about AI. If you have premium content, you can make money from subscribers to view your content or use Google ads to earn money.
Also, a YouTube Channel is a good option.
AI these days is a great trend. Millions of people, worldwide, are searching about AI every day. If you can present quality content and have a good SEO strategy, you can grow your income pretty soon.
Last Tip
These are a few of the many ways you can make money with AI. Artificial Intelligence will dominate the world, like computers and the internet did. If you want to make money with the AI trend, Take Action Now!
Chatbot Technology: 7 Tips on How to Avoid Mistakes and Improve Your Business
Research shows that this year (2021), 83% of businesses will adopt chatbot technology. Also, 72% of customers prefer to deal with a chatbot because of the quick response.
These stats explain why companies and brands are beginning to invest in chatbot technology. However, chatbots are still a new concept for many businesses. It’s important to know how to use chatbot technology successfully.
Chatbot Technology: How to Avoid Mistakes and Improve Your Business
Here are some useful tips about chatbot technology, how to avoid mistakes, and improve your business.
You Do Not Have a Strategy or a Plan
The current trend in the business world is to adopt new technologies. But you don’t create a proper strategy or a plan for the technology you buy. Think about it much like you would any other strategy.
A chatbot on your website’s homepage can guide visitors appropriately. It can also help respond to queries promptly. When setting up the chatbots, use the strategy to achieve successful results. Don’t use a chatbot because it’s trendy.
You Do Not Develop an Audience Persona
Any marketing guide will tell you to develop an audience persona before implementing any strategy. The same goes for the use of chatbots. You need to understand your target audience very well.
Learn how they communicate. The way you communicate with teens will be different from how you talk to adults. Some people just searching for information.
Others may need help with making purchases. You need to have different buyer personas. Chatbots need to communicate with each persona appropriately.
You Don’t Know the Performance of Chatbots
Chatbots are very useful, but you will need someone to oversee the performance of the chatbots. Maybe they cannot handle all the queries that your customers may have.
The chatbots may also bombard customers with too much information. This can lead to frustration, and you may lose some of your customers. It is essential to pay attention to the effectiveness of chatbots.
You Don’t Humanize Your Chatbot
Your chatbot has no distinct personality and sounds more robotic than human. You have to create a persona so that customers find it easier to engage with.
Give your chatbot a name and let your brand value and voice reflect in it. What do you expect from a customer service agent? They should be knowledgeable and easy to talk to. It is impossible to have a good experience when you feel like you are talking to a machine or a robot.
You Don’t Use Simple Messages – You Don’t Test It
You need to use simple messages if you want to increase engagement with customers. Focus on simple, short, and precise words. It also helps to ensure that the customer is getting the right information.
It is crucial to test the system. Do not launch chatbots without first testing them. Use a Q&A that covers all possible questions. You could also redirect the customer to sections on your website (your team), that can provide the necessary information.
Don’t Over-Use Chatbots
You may think that having chatbots on every page of your website helps, but you will confuse your visitors. It could take their attention from the messaging.
Don’t use chatbots on a landing page. Instead, you need to have a powerful Call to Action (CTA). It guides visitors to take a specific action you want.
A chatbot on the FAQ page is useful and makes sense. People who come to that page are looking for information or answers. Having a bot there will help them get feedback faster.
Also, you can have a page on your website for chatbots. You get more value and functionality, which is great for users.
You Do Not Use Analytics
It is important to analyze the performance of chatbots. You get insights that you can use to improve the functionality of your chatbots.
Search for completion rates and customer satisfaction. Also, check for feedback on speech and engagement. Chatbots should improve the customer experience. It’s essential to use analytics. So you know what’s work and whatnot.
Last Tip
Chatbot Strategy and Benefits
Chatbots are a great way to improve and grow your business. But also they are a challenging process. If you want your chatbot strategy to be effective, it’s important to know how to use your chatbot.
Is your goal to acquire new customers? or provide your sales and marketing teams with a bit of extra support?
By automating time-consuming processes, handling queries, and helping your customers, chatbots will become an essential asset to your business in 2021.
Chatbot technology has many benefits and advantages. But you need to create a successful chatbot strategy, avoid mistakes, and help your customers.
Small Business Growth: 5 Technology Trends in 2021
2020 was a very difficult year (Pandemic). It pushed people to change their lifestyle and the way of working (Remote work). The world was not prepared for such a viral outbreak. For many people worldwide 2020 was a disaster.
This also affected the world of businesses (Big or Small). Companies had to find a way to keep operating but still respect and follow the new government measures. They have to use collaboration tools such as video call software (Zoom), chat apps (Slack), screen-sharing software (TeamViewer), and so on.
Small Business Growth: 5 Technology Trends
Here are some interesting technology trends you need to know and how to grow your small business in 2021.
New Collaboration Tools
Pandemic has pushed businesses to virtual offices, online video conferences, and many other software solutions that transform a traditional office into an online one.
Communication had to be effective because teams now are working remotely.
So it’s expected that 2021 will bring more and better collaboration tools. No one can say when the pandemic will end, so it’s safe to assume that businesses will need effective and useful collaboration solutions.
Many companies will start using new types of collaborative tools. (there are already many categories available).
Companies that have to hold meetings regularly are using Cisco Telepresence for high-quality video conferencing.
Also, more businesses will turn to entire collaboration systems. These systems are made of workflow applications, databases, and other software solutions that allow companies to run everything remotely.
For example, Microsoft SharePoint is a great collaboration system. It allows employees to access important data from all kinds of devices (PCs, laptops, smartphones, etc.).
AI and ML
Artificial intelligence and machine learning are a top trend for many IT enthusiasts and tech fans. These technologies are already used in many aspects of life, and more and more people are loving these tech trends.
AI and machine learning are implemented more among business owners. Entrepreneurs and marketers will keep incorporating them into new and existing businesses in 2021.
This year will bring more AI tools and apps. Keep in mind that the main goal is to use AI to provide better and more personalized customer experiences.
Also, many people and experts believe that AI will find its use among small business owners. It is expected that small businesses will start adopting AI quickly. AI can help small businesses to improve their marketing strategies.
Also, AI can help small businesses to offer more personalized experiences to their customers.
5G
The 5G or fifth generation of cellular capability is just here. 5G is about faster data transmission speeds.
According to various phone manufacturers, 5G can outrun 4G LTE easily. It’s an important fact that there is little to no latency (the delay experienced in data transfer).
It’s a great step in the development of the Internet of Things (IoT). 5G networks can support the influx of interconnected smart devices.
Automation
Repetitive tasks are a common (boring) thing for most workers. These tasks take up a lot of time and kill the overall productivity.
Many developers have recognized this problem, and it is expected that 2021 will bring many automation tools across many different industries.
Every business that wants to boost its employees’ productivity and performance should think about automating all these tasks. When it comes to small businesses, these tasks include appointment scheduling, data entry, customer support, and so on.
In 2021, automating these tasks will become easier. Once a business has all of these tasks automated, the employees and the owner will have more time to focus on more important matters.
With more time to focus on more complex and value-adding tasks, the team will be more productive.
Analytics – Data Insights
Many small businesses have to deal with huge amounts of data regularly. But, hiring a data scientist or analyst can be expensive. This is the main reason why in 2021, deep analytics tools and data insights will become a necessity.
It’s not only about straightforward and simple reports such as conversion rates, web traffic, etc. A business that leverages this technology will acquire many valuable insights into different business aspects. This will allow the owner to optimize strategies and new techniques.
Deep analytics can help a business owner to identify pricing trends and gain a competitive edge over competitors.
Modern software doesn’t require users to have the technical knowledge to use the power of data-driven insights.
These days technology trends will help people to improve their lives and business too. From working from home to new rules about how we meet and interact with other people in public spaces. New tech trends will create new ways to work, build a business, and most important to win the pandemic!
Here are some technology trends in 2021 you need to know about.
Artificial Intelligence
AI is one of the biggest and most effective technology trends. Also, in 2021 it will become a valuable tool for helping us to understand the world around us and improve our lives.
Machine learning algorithms will become better and they help people to find the solutions they need. (Business and Health)
They will help us to predict the demand for services from hospitals and other healthcare providers. Also, they will allow administrators to make better decisions about when and where to deploy resources.
For business, the challenge will be to understand customer behavior. More human activity will take place online – from shopping and socializing to virtual working, online meetings, etc.
Robotics and Drones
Already people are using robots in the care and help at home. This will become more important for members of society who need more help such as the elderly.
Also, many companies are using robots for services such as cleaning and security. Maybe soon a robot will become your best friend. (After your dog!)
Drones will be used to deliver medicine to people and to monitor public areas to identify places where there is an increased risk of viral transmission.
Amazon already has started using drones to deliver products!
The As-A-Service Trend
“As-a-service” We name the services that we need to live and work through cloud-based platforms.
It’s the reason why AI and robotics are a possibility for any business or organization (regardless of their size or budget). Thanks to cloud offerings from companies like Google, Microsoft, Amazon (and startups).
Companies that rely on the cloud to provide solutions as-a-service are growing. For example, Zoom has become very popular because it can increase its coverage and quality of service.
5G Technology
Faster and more reliable internet doesn’t just mean we can load webpages more quickly. More G means more benefits. 3G made web browsing and data-driven services useful on mobile devices. 4G improves the growth of streaming video and music platforms. 5G will create more opportunities for people and businesses too.
5G will help advanced technologies such as augmented reality and virtual reality, cloud-based gaming platforms like Google’s Stadia, to become more popular and easy to use.
Virtual and Augmented Reality (VR and AR)
Effective technology that uses glasses or headsets to project computer-generated imagery directly into the user’s field of vision. When it is superimposed over what the user is viewing in the real world, it is AR. And when it is used to place the user into an entirely computer-generated environment, it is VR.
A new solution available to opticians allows eye tests to be carried out in VR. (High-definition cameras give a clear image of the patient’s eye).
An AR tool allows the customer to browse the range of glasses on offer and see what they look like on their face without having to leave their home.
Also, we can use VR and AR tools in education. You will watch the lessons from home. You don’t need to go to school or university.
New technology will change our lives and our business. It’s up to you to decide how to use new technology because many times in history people have used technology to harm other countries or democracy!
Power and technology in the wrong hands it’s a deadly mistake!
These days digital marketing, the internet, and technology are changing pretty fast. Also, customers’ interests and behaviors are changing too. Marketers and businesses can not use the same old marketing methods that don’t work anymore.
Here are some effective digital marketing new trends you need to know.
Artificial Intelligence – AI
If you don’t know 2020 it’s the year that many businesses have started using artificial intelligence (AI) to create successful digital marketing strategies.
AI can analyze consumer behavior and search patterns. AI uses data from social media platforms and blog posts to help businesses understand how customers find their products and services.
Chatbots
Chatbots are not a new trend but they will continue to be an important part of digital marketing. This AI-based technology uses instant messaging to chat in real-time with your customers or site visitors.
Stats show that:
The top benefits of chatbots are 24-hour service (67%), instant responses to inquiries (58%), and answers to simple questions (57%)
65% of people prefer messaging an online chatbot to communicate with a business.
By 2022, chatbots will help businesses save over $8 billion per year.
80% of businesses use chatbots in 2020.
Many customers prefer interacting with chatbots as they are responsive 24/7, give answers right away, and never lose patience. These virtual assistants offer outstanding customer service.
Personalization Marketing
It’s very important to personalize your marketing. (that means personalized content, products, emails, and more).
Personalization stats you need to know.
68% of consumers are very annoyed with generic advertising blasts
85% say that they like to do business with a company if it offers personalized experiences
92% say that they find personalization marketing attractive and appealing
Visual Search
Visual search can take the user experience to a new, pretty effective, level: People can upload an image to conduct a search and get more specific results. Also, Google Lens is a visual search engine by Google, which recognizes objects and landmarks through a camera app.
Stats show that visual search is pretty effective.
65% of Millennials are more interested in visual search capabilities than any other new technology
Images are returned for 21% of search queries on Google
Marketers and businesses can use the visual search trend to attract more customers and give them the perfect product.
Interactive Content
One of the fastest-growing digital marketing trends these days it’s interactive content.
In 2020 there is a shift from traditional text-based content to dynamic, engaging content that offers users an awesome experience. So think about:
Quizzes and polls
Augmented reality ads – Virtual reality
360-degree videos
Stats show that 95% of buyers are searching for more interactive content. People like it not just because it’s fresh and original, but because it makes them feel more connected to brands and more involved in the buying process.
Interactive content is more engaging, more memorable, and more effective to generate sales!
Predictive Analytics
Predictive analytics is to use data mining, predictive modeling, and machine learning to identify patterns to predict the future. It is becoming more and more sophisticated in many industries.
It’s used for segmentation and individual personalization. It helps marketers to improve customer loyalty.
Progressive Web Apps (PWAs)
Progressive Web Apps are websites that work as mobile apps. They offer the functionality of a native mobile app – fast load times, push notifications, working offline, etc. – you can use them for Android and iOS.
So developers can create web apps for any device that works just like a mobile app.
Quantum Computing – The Future of Computers
Quantum computing is a new technology based on quantum physics theory.
A classic computer would read every book in a library in a linear fashion. A quantum computer would read all the books simultaneously. Quantum computers can theoretically work on millions of computations at once. Amazing!
How can marketers use quantum computing?
Improve mobile data coverage
AI becoming more human-like (Google AI is developing quantum algorithms that will improve machine learning)
Create low-cost, more effective, ads.
Better Analytics
Modern marketing and metrics go hand-in-hand. The problem is that the customer journey is more complex now. We live in an omnichannel era where the average consumer engages a brand on up to six touchpoints before making a purchase.
With multiple channels to manage and a myriad of ways to market your products and services, the job of analytics tracking is becoming a pretty difficult mission. So, many companies and marketers are looking beyond the basics of Google Analytics. They need a new, most effective, solution.
5G Technology – New Mobile Technology
One of the most significant digital marketing trends of 2020 is 5G technology or the fifth generation of mobile technology. This update is a new era of digital communications.
5G technology will transform how we access online content, from digital marketers, businesses, organizations, to the average user.
Neuromarketing – Awesome Future!
Neuromarketing sound like a sci-fi movie. But the reality is that this technology is growing quickly and will become a very important, effective, tool for marketers pretty soon.
Neuromarketing is a strategy that analyzes measurements of a person’s brain activity and nervous system to determine which types of content they find engaging.
It examines and studies specific neurological reactions that trigger emotions or responses that are linked to purchasing. You can use this information to optimize your content and improve your strategies. So you can improve your marketing campaigns.
You must keep looking ahead and learn about new technologies, trends, tools, and strategies to grow your business and your revenue. Take Action Now!
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