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    Home»Technology»AI in Business: Why Your Startup Must Use AI in 2025 to Stay Competitive
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    AI in Business: Why Your Startup Must Use AI in 2025 to Stay Competitive

    Fardin AhmedBy Fardin AhmedNovember 2, 2024No Comments5 Mins Read
    AI in Business Why Your Startup Must Use AI in 2025 to Stay Competitive
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    The AI revolution is finally here, and this technology is poised to shape the future. From automating menial tasks to improving decision-making processes, this innovation has presented an opportunity for small businesses to thrive and close the market gap. Below, we’ll discuss several reasons your startup must embrace this technology in 2025. Its benefits are simply too good to ignore. 

    Provide Improved Customer Service

    Let’s start with the most affected business services – customer support. According to a 2024 survey by Zendesk, 70% of businesses plan to provide AI-powered customer support in the next 2 years. AI can help your business engage customers with improved and professional services. Most companies with online customer support use AI chatbots to provide quick and reliable services. Unlike human support, these bots are also available to help customers around the clock. 

    AI can also help your business provide personalized customer experiences, which are in high demand nowadays. These services are standard today on video streaming platforms like Netflix and YouTube, where you get movie recommendations based on your past experiences. In the USA, gaming sites have also embraced this trend, with many online casinos in USA using AI technology to analyze player behavior and recommend games tailored to individual preferences. This enhances the gaming experience and helps casinos in a competitive market retain customers by offering a more engaging and personalized environment.

    Here are some statistics on why your business should offer personalized experiences in 2025:

    • 89% of marketers reported higher ROI with personalized campaigns. 
    • 60% of customers come back after getting a personalized experience.
    • Organizations that get personalization spot-on get 40% more revenue.
    • 96% of marketers in the movie and music industries use personalized campaigns. 
    • 1 out of 3 marketers spend 50% of their marketing budget on personalization. 

    Reduce Operating Costs

    We all know that most businesses struggle to stay afloat due to those backbreaking recurrent expenditures. This is why most organizations are seeking alternative ways to improve operational efficiency while trimming costs. You don’t believe it? A survey by Forbes Advisor revealed that 64% of businesses believe adopting AI can increase productivity. And yes, more productivity means higher profits. 

    By incorporating AI into your budding business, you’ll simply let robots do the dirty work. These tools are excellent at streamlining repetitive activities like writing reports, analyzing invoices, and providing customer support. In short, it eliminates the need to hire human labor when it’s not needed. Moreover, AI robots are faster than humans, meaning fewer operating hours and costs. 

    Make Data-Backed Decisions

    A successful business must analyze tons of data to be successful. For example, you may need to analyze customer comments on your Amazon Seller Account and how your product is faring against your competitors. Analyzing the performance of your business in the ever-changing landscape can help you make data-based, futuristic decisions. 

    Unfortunately, hiring an auditor to analyze numbers for your business manually can be costly and time-consuming. AI models, on the other hand, can quickly analyze massive amounts of data and provide recommendations about corrective measures or business opportunities. Making faster and more accurate business decisions can help you prepare for challenges and stay ahead of the competition. 

    Improved Marketing Campaigns

    Smaller businesses must put more effort into marketing campaigns to keep up with established brands. However, creating an effective marketing campaign can be an expensive affair. An American business spends an average of $14,575 yearly on marketing campaigns. This budget can fund expenses like hiring influencers, printing posters, and shooting videos. 

    AI, including tools like Talking Avatar, can help your marketing campaigns not only become more cost-friendly but also more effective. . This technology can provide predictive market analysis of your campaigns and predict customer behaviors. You can also use generative AI tools to create marketing content like emails, images, and videos. The trick here is to release more marketing content in less time. And don’t forget that AI-driven campaigns can target a specific customer base or demographic. 

    Real-Time Online Protection

    Cybersecurity should be a major concern for businesses that process online payments through e-wallets, credit cards, or even cryptocurrencies. According to a report by Forbes, the world lost $4.88 million to cyber attackers in 2024. Another worrying revelation is that compromised business emails resulted in losses of $2.99 billion in 2023. These numbers could increase even further in 2025 as cybercriminals leverage AI to scale up attacks. 

    The good news is that AI-powered cybersecurity systems can help significantly reduce these attacks. 70% of security professionals interviewed by the Ponemon Institute and MixMode believe that AI systems can detect previously undetectable cyber threats. These systems can analyze massive data to identify risky patterns and behaviors before providing actionable recommendations. AI-powered cybersecurity systems also provide 24/7 monitoring. 

    Conclusion!

    Now you know why most businesses are rushing to embrace this breakthrough technology. But even as the world embraces AI and machine learning, it’s vital to do so responsibly. A McKinsey report published by Forbes says AI adoption could affect 15% of the global workforce by 2030. So, use this technology to empower your employees and increase profitability. After all, studies show that AI in business can boost employee productivity by 40%. 

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