Author: Oriol Zertuche

Oriol Zertuche is the CEO of CODESM and Cody AI. As an engineering student from the University of Texas-Pan American, Oriol leveraged his expertise in technology and web development to establish renowned marketing firm CODESM. He later developed Cody AI, a smart AI assistant trained to support businesses and their team members. Oriol believes in delivering practical business solutions through innovative technology.

AI and the Bottom Line: How AI is Helping Businesses Increase Revenue and Reduce Costs

Posted on April 24, 2023 by - Artificial Intelligence, Business

How Cody AI can help to increase revenue and reduce costs

There’s so much value to be gained from an AI chatbot tool, trained on your company’s own data, that can communicate with customers, answer their queries, and provide personalized assistance. The ability to program Cody AI to understand and interpret data unique to the business results in quicker, more accurate and more relevant responses to customer inquiries, as well as powerful insights into customer behavior. Let’s look at what that all means for your bottom line.  

Free-up resources

Chatbots are designed to handle the bulk of customer inquiries and support, which reduces the need for human customer support teams and the associated cost burden for businesses. By automating simple customer service tasks, chatbots can free up employees for the sort of work that requires a human touch.

Responding to a McKinsey study, 44% of executives said that they were able to reduce costs in departments where AI was applied, but the knock-on benefits of this technology don’t stop there.

Improving customer satisfaction

By providing personalized and accurate responses to customer inquiries, the chatbot can improve the overall customer experience, leading to increased customer loyalty and repeat business. That, of course, means more revenue.

In a study conducted by HubSpot, 93% of customers said they would be likely to make repeat purchases with companies that offered excellent customer service, and 77% said they would be willing to recommend a brand if they had a positive customer service experience.

Plus, Cody AI can be used to provide personalized product recommendations and upsells, which not only helps customers find what they need, it can make a big difference to your sales figures.

In testament to how well customers respond to personalization, a study by Epsilon found that personalizing messages added 29.9% to average email open rates and 5.3% to click-through rates. Additionally, 80% of consumers were more likely to convert if brands offered personalized experiences.

Trends analysis

With Cody AI’s ability to connect the dots, it can be used to extract insights that would otherwise have been missed, seeing your sales data from a different angle and revealing patterns in consumer behavior. By analyzing customer interactions with the chatbot, your business can gain insight into what customers are looking for, what products and services would interest them, and what factors help to determine their purchasing decisions.

Companies that make effective use of their sales data are more likely to generate above-average profits, a report by McKinsey found. In fact, they were 23 times more likely to acquire new customers, six times more likely to retain them, and they were able to increase sales by up to 15%.

Internal process optimization

Internal processes can be significantly more efficient with Cody AI to lend a hand, providing relevant and accurate information as it’s needed, freeing up internal resources which can then be used to optimize other areas of the business, increase revenue, or focus on strategic planning and business development.

The importance of efficiency in a small business cannot be overstated, especially as competitors move to capitalize on the agility and streamlined efficiency afforded by automation. Statistics from McKinsey reveal how businesses that embraced automation were 20-30% more productive and were able to reduce costs by up to 30%.

A powerful AI assistant for business

Cody AI is as useful as it is powerful, and it can help businesses increase revenue and reduce costs in a variety of ways. By using a company’s own data to provide personalized and accurate responses to customer inquiries, Cody AI can improve the customer experience, increase customer satisfaction, and provide valuable insights into customer behavior.

In addition to that, by automating customer service tasks, Cody AI is able to reduce the need for human customer support teams, leading to a sizeable cost reduction. Overall, Cody AI delivers an impressive return on investment and any businesses should consider making the most of what it has to offer to stay ahead of the competition in a rapidly evolving digital landscape. Why not see what it can do by starting your free trial.

AI and HR: How AI is Changing the Way Businesses Train Teams

Posted on April 18, 2023 by - AI Knowledge Base, Artificial Intelligence, Business, HR

Training is critical to the growth and success of a company. As a business grows, the ability to bring new people on board and quickly get them up and running can make for a real competitive advantage. Now, with the introduction of AI chatbots that can be trained on a company’s own data, it’s possible to dramatically accelerate staff training programs with personalized and fully automated tuition.

That’s the beauty of Cody AI. This AI-powered chatbot that can be trained on data unique to your business, including company information, product catalogues, internal procedures and more. This intelligent assistant can then provide personalized learning experiences for employees, streamline HR processes, and improve overall business performance.

A more interactive and engaging approach to training

The old classroom format just doesn’t cut it anymore, and one-on-one training for new hires is heavy on resources. Cody AI, however, can deliver an engaging and interactive training experience without the need for a personal tutor. That’s because this AI business too uses natural language processing and machine learning algorithms to understand the employees’ queries and provide relevant responses from the information it’s been given.

That means employees can ask Cody AI questions about their job responsibilities, company policies, or any other training-related queries and receive an answer immediately. Plus, Cody AI can be customized so that employees receive only the information and training that is relevant to them. This personalization of the learning experience can improve staff engagement, knowledge retention, and, ultimately, performance.

Incidentally, an eLearning Industry survey of L&D professionals found that 77% believed personized learning was vital for improving employee engagement. And, given its obvious benefits, AI-enabled personalized learning is now set to revolutionize higher education.

A money-saver

Using Cody AI for staff training is a great way to both time and money. It doesn’t require dedicated trainers, training rooms, and printed materials, all of which come at a cost. With Cody AI, training materials can be digitized and accessed on-demand, reducing the need for physical materials and face-to-face training sessions. What’s more, Cody AI can provide training anytime and anywhere, making it easy for employees to learn at their own pace and convenience.

A streamlining solution

Cody AI is a big help when it comes to HR management. The processes that occupy a significant amount of the department’s attention – like responding to employee inquiries and requests, including time off requests, benefits information, and employment policies – can all be streamlined and automated, allowing HR staff to focus on more important matters.

Cody AI can be trained to answer employee questions with accurate and up-to-date information, saving time, minimizing the risks of error, and boosting efficiency overall. If you consider that the main purpose of an HR department is ensuring effective utilization of resources, it’s pretty important for a business to have an efficient HR office.

There are numerous metrics you can use to gauge the effectiveness of your HR team, but among the most important will be employee satisfaction and the degree to which staff can be supported and equipped with the information they need to perform at their best.

A hiring assistant

A bad hire costs the average company up to 30% of the employee’s first year of earnings, according to the U.S. Department of Labor. But making the right choice isn’t always easy, especially when HR staff are bogged down with critical tasks such as employee onboarding and performance management. Cody AI can handle the time-consuming burden of sifting through resumes to screen job applicants and help narrow it down to the best-suited candidates.

It can also be used to provide insights on skills gaps and training requirements within the business by analyzing employee data, helping HR managers to make hiring decisions and plan training programs that best align with the strategic goals of the company.

A great return-on-investment

Ultimately the benefits of an intelligent AI assistant for business in the HR department are far-reaching, from reducing the average cost-per-hire to decreasing the time required to train new staff.

What’s more, with an AI employee like Cody AI, businesses can provide engaging personalized training experiences while streamlining HR tasks and making data-driven decisions. It’s a win all around, and your company can either move with the times or be a laggard. But make no mistake, AI is here, and it’s changing the way business is done. So, come and meet Cody.

How Business AI can help to increase revenue and reduce costs

Posted on April 18, 2023 by - AI Knowledge Base, Artificial Intelligence, Business

There’s so much value to be gained from an AI chatbot tool, trained on your company’s own data, that can communicate with customers, answer their queries, and provide personalized assistance. The ability to program Cody AI to understand and interpret data unique to the business results in quicker, more accurate and more relevant responses to customer inquiries, as well as powerful insights into customer behavior. Let’s look at what that all means for your bottom line.  

Free-up resources

Chatbots are designed to handle the bulk of customer inquiries and support, which reduces the need for human customer support teams and the associated cost burden for businesses. By automating simple customer service tasks, chatbots can free up employees for the sort of work that requires a human touch.

Responding to a McKinsey study, 44% of executives said that they were able to reduce costs in departments where AI was applied, but the knock-on benefits of this technology don’t stop there.

Improving customer satisfaction

By providing personalized and accurate responses to customer inquiries, the chatbot can improve the overall customer experience, leading to increased customer loyalty and repeat business. That, of course, means more revenue.

In a study conducted by HubSpot, 93% of customers said they would be likely to make repeat purchases with companies that offered excellent customer service, and 77% said they would be willing to recommend a brand if they had a positive customer service experience.

Plus, Cody AI can be used to provide personalized product recommendations and upsells, which not only helps customers find what they need, it can make a big difference to your sales figures.

In testament to how well customers respond to personalization, a study by Epsilon found that personalizing messages added 29.9% to average email open rates and 5.3% to click-through rates. Additionally, 80% of consumers were more likely to convert if brands offered personalized experiences.

Trends analysis

With Cody AI’s ability to connect the dots, it can be used to extract insights that would otherwise have been missed, seeing your sales data from a different angle and revealing patterns in consumer behavior. By analyzing customer interactions with the chatbot, your business can gain insight into what customers are looking for, what products and services would interest them, and what factors help to determine their purchasing decisions.

Companies that make effective use of their sales data are more likely to generate above-average profits, a report by McKinsey found. In fact, they were 23 times more likely to acquire new customers, six times more likely to retain them, and they were able to increase sales by up to 15%.

Internal process optimization

Internal processes can be significantly more efficient with Cody AI to lend a hand, providing relevant and accurate information as it’s needed, freeing up internal resources which can then be used to optimize other areas of the business, increase revenue, or focus on strategic planning and business development.

The importance of efficiency in a small business cannot be overstated, especially as competitors move to capitalize on the agility and streamlined efficiency afforded by automation. Statistics from McKinsey reveal how businesses that embraced automation were 20-30% more productive and were able to reduce costs by up to 30%.

A powerful AI assistant for business

Cody AI is as useful as it is powerful, and it can help businesses increase revenue and reduce costs in a variety of ways. By using a company’s own data to provide personalized and accurate responses to customer inquiries, Cody AI can improve the customer experience, increase customer satisfaction, and provide valuable insights into customer behavior.

In addition to that, by automating customer service tasks, Cody AI is able to reduce the need for human customer support teams, leading to a sizeable cost reduction. Overall, Cody AI delivers an impressive return on investment and any businesses should consider making the most of what it has to offer to stay ahead of the competition in a rapidly evolving digital landscape. Why not see what it can do by starting your free trial.

Meet Cody: The AI Assistant Trained On Your Business

Posted on April 13, 2023 by - AI Knowledge Base, Artificial Intelligence, Business

Running a business isn’t easy, but the good news is that technology is making it easier. The dawning of the age of ‘intelligent’ chatbots and generative AI is proving to be a game-changer for businesses of all sizes, especially when it can be trained on your business processes, clients and your own knowledge base.

While ChatGPT is fun to play around with, some may have found that the business value it offers is limited. But Cody AI is different. Although the mechanics behind it are similar, using advanced machine learning algorithms and natural language processing capabilities, Cody AI serves as an intelligent and automated system for managing a wide variety of tasks.

It isn’t necessary to provide Cody AI with context for every query since it understands your business as a knowledgeable employee would. It can provide instant answers (with sources) to boost employee efficiency, troubleshoot issues and automate customer service, sales, marketing, and other core business functions. By doing so, it can take the pressure off your team, delivering streamlined efficiency to help make your vision a reality and take your business from strength to strength.

To learn how, keep reading.

A customer service attendant

Because Cody AI can understand and quickly respond to customer queries, it can be used to automate customer service tasks. Your customers can get an immediate response to their queries with accurate information about products and services, as well as personalized recommendations based on their preferences and purchase history. This can go a long way toward improving customer satisfaction, increasing sales and earning customer loyalty.

A marketing booster

Your marketing team can’t be everywhere at once, but with Cody AI, they’ll gain the ability to deliver far more personalized marketing campaigns, tapping into customer data to identify trends and customers’ purchase habits. Lead generation and lead nurturing tasks can be automated to reduce the overall cost of acquisition and help your marketing team to be more effective at engaging customers and ultimately driving sales.

A useful administrative assistant

Never underestimate the importance of the routine and mundane administrative tasks in the day-to-day running of a business. It may be boring, but neglecting the admin will result in gaps or errors that can prove disastrous and costly down the line. Cody AI can reliably handle tasks like data entry and scheduling, freeing up time and resources to allow your team to focus on strategy and sales, developing new products and services or improving on your existing offering.

A guide for decision-making

Human beings always need to be at the helm when it comes to business strategy and decision-making processes, but Cody AI can make invaluable contributions by providing the information you need to steer your business in the right direction and make smart, informed decisions. This is thanks to its ability to instantly source the most relevant information from your accumulated data to give accurate answers to your questions.

An HR auxiliary

Cody AI can help your business with HR tasks by handling routine inquiries, scheduling interviews, and answering frequently asked questions. It can also automate the onboarding process by guiding new hires through necessary paperwork and training, or assist with benefits enrollment and tracking, freeing up HR staff to focus on more important tasks while improving employee satisfaction.

A tool to help your business succeed

By making the most of a tool like Cody AI, small businesses can compete more effectively in today’s digital economy and put themselves in a better position to realize their business goals. Cody AI can reduce operating costs and free up resources while increasing efficiency and customer satisfaction, as well as helping you to make the right decisions as you strive to bring your business vision to life.

It would be a mistake to believe that there is little real business value behind the AI hype. Cody AI represents a highly pragmatic iteration of this technology and is designed to support your team and revolutionize your business processes, putting the keys to success at your fingertips. What’s more, you can get started for free. So, give it a try and see what it can do.

Creating a Chatbot to Answer Product Queries: A Step-by-Step Guide

Posted on February 11, 2023 by - AI Knowledge Base, Artificial Intelligence

What is a Product Query Chatbot and Why Do You Need One?

Product query chatbots are becoming an increasingly popular tool for businesses to provide fast and efficient customer service. These chatbots use artificial intelligence to provide instant answers to common questions about your products, freeing up customer service representatives to handle more complex inquiries. By having a chatbot in place to handle product queries, businesses can significantly improve their customer experience and reduce customer wait times.

Step 1: Determine the Scope of Your Product Query Chatbot

Before creating your product query chatbot, it’s important to determine its scope. This means figuring out what types of product queries you want it to handle, such as product specifications, pricing, availability, and more. You should also consider the needs of your customers and what types of information they are likely to ask for when making product inquiries. Having a clear understanding of what you want your chatbot to do will make it easier to build an effective and efficient tool.

Step 2: Build Your Chatbot’s Knowledge Base

The next step in creating a product query chatbot is to build its knowledge base. This involves gathering information about your products and organizing it into a format that the chatbot can use to answer questions. You can use a variety of data sources, such as product catalogs, product descriptions, customer reviews, and more. Be sure to include all relevant information, such as product specifications, pricing, and availability, so that the chatbot can provide accurate and up-to-date answers.

Step 3: Test Your Chatbot’s Accuracy and Functionality

Once you’ve built your chatbot’s knowledge base, it’s important to test its accuracy and functionality. This means trying out various product queries to see how well the chatbot can respond. You should also have other people test the chatbot to see how well it performs and identify any areas that need improvement. If there are any inaccuracies, be sure to make the necessary updates to your chatbot’s knowledge base to improve its performance.

Step 4: Integrate Your Chatbot into Your Customer Service Processes

Finally, it’s time to integrate your product query chatbot into your customer service processes. This means making it available to customers through your website, mobile app, or other channels. Be sure to train customer service representatives on how to use the chatbot and how to handle any inquiries that it can’t answer. By integrating your chatbot into your customer service processes, you can automate many routine product queries and improve the overall customer experience.

Enhance Your Customer Service with a Product Query Chatbot

By creating a product query chatbot, you can provide fast and efficient customer service that improves the customer experience. Whether you’re looking to automate routine product inquiries or simply want to provide more detailed product information, a product query chatbot can help you achieve your goals. By following the steps outlined in this guide, you can create a chatbot that is both effective and easy to use.