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Chatbots: Are they influencing consumers to purchase more?

#artificialintelligence

In recent times, chatbots have gained in popularity due to their remarkable success in bringing more customers for companies that deploy them. Globally, 40% prospective consumers come across the chatbots who serve them as a support person. The pleasant experience that prospects have with intuitive bots is driving more engagement and higher sales. How chatbots development for any business is driving sales and converting leads to loyal customers? Higher satisfaction index drives higher sales In a recent survey, the results have disclosed that 7% of prospects simply subscribe to a retailer because they find the interaction with chatbots highly satisfactory.


Higher sales, cost cuts push Honda's first-quarter profits up 19 percent

The Japan Times

Improved sales and cost cuts helped automaker Honda Motor Co. shrug off lingering troubles from the Takata air bag recalls to log a nearly 19 percent improvement in its fiscal first-quarter profit. Tokyo-based Honda, which makes the Fit subcompact, Accord sedan and Asimo robot, on Tuesday reported a ¥207.3 billion profit for the April-June period, up from ¥174.6 billion the same period last year. Quarterly sales rose 7 percent to just over ¥3.7 trillion. Honda expects to sell 5.08 million vehicles for the fiscal year through March 2018, up from the nearly 5.03 million vehicles it sold during the last fiscal year. Honda raised its annual profit forecast to ¥545 billion from April's forecast of ¥530 billion. Its made a profit of ¥616.5 billion in the previous year.