Companies are using AI in all kinds of innovative ways to advance their businesses. If you’ve ever searched Netflix to watch a movie, AI (a recommendation algorithm) was no doubt used in your decision about what to watch. If you’ve shopped on Amazon, your decision about what to buy was also influenced by AI (via an association algorithm). If you’ve ever ordered an Uber, AI (a location algorithm) was used to have a car in your vicinity quickly. If you ever had a thought about a product or a vacation, and it seemed to suddenly pop up on your search page or in your email inbox, I can assure you it was based on AI (a classification algorithm) monitoring your online activity.
These same types of AI algorithms can be used to power any company’s decision-making process, helping you make better business predictions. Based on research for my book Sales Ex Machina: How Artificial Intelligence is Changing the World of Selling, here are five specific areas where AI algorithms can be leveraged to help your business grow by helping your sales team sell more:
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