Jun

3 Reasons Why Knowing Intent is Essential for Your Business

What is intent? It is the reason behind the sentences we say. Behind posts and messages, as they appear on social networks. For instance, the intent of the tweet ‘I am going to buy a new car soon, my old car is entirely broken’  is buying a new car. The intent of this one however ‘ Need to buy me a car, got things to do lol’ could be anything from killing time by posting randomly to impressing friends, but not buying a car.  

During the time when most customer activities online happened on search engines (e.g. Google) understanding of intent was predominantly the task of these search engines.  So when I type ‘typical menu of Chinese restaurant’ and the search engine displays the list of local Chinese restaurants clearly in this case it did not understand my intent.

Nowadays, when an ever growing part of the consumer related activities is happening on social networks the task of understanding the customer intent becomes responsibility of a business.

Here are three reasons why this task is essential:

1. Marketing is personalized. Email blasts are a thing from the past. Today to stay completive your business should be able to target individually. And that means knowing what each of your potential customers needs in real time. The best way to know this is to understand customer intent. The numerous analytical and measurement tools available today exist only because until recently we didn’t know how to capture customer intent properly.

2. Knowing intent allows efficient and timely service across your company’s departments: those interested in the product belong to marketing department, purchase intent goes to sales, unhappy customers go to customer service, and so on.

3. Knowing intent offers long-term sustainability to your business because it reduces the noise. Unlike the previous generations, when the problem was a lack of information, today’s problem is the abundance of information. Business can function efficiently and be sustainable only when a competent model of finding the right information is in place. Understanding of intent is the best model available

Interested in reading more? Check out our other blogs:

Building Facebook Messenger chatbot: what they forgot to tell you.

                                     

There are lots of written tutorials and online videos on this subject.

Yet many of them omit important details of the bot building process. These details may vary from one user to another and are difficult to describe in a unilateral fashion. Consequently it is easier for tutorial writers not to mention them at all. We try here to fill the gap and provide some additional clarity.

1. Creating Facebook app.

One of the first steps in building a Facebook Messenger bot is creating a Facebook App. It requires a business Facebook page. This might seem obvious to avid social users yet worth mentioning: a business Facebook page can only be created from a personal Facebook page. If you already have a business Facebook page move on to the next step. If you have a personal Facebook page go on and create a business page. If you are among the lucky ones that live without Facebook presence now is your chance to become like everybody else.

2. Getting SSL certificate.

Next you need to setup a webhook. Your web application is hosted on a web server and the webhook’s role is to establish connection between Facebook and your web application via your web server. In order for the webhook to work you need SSL certificate because Facebook supports only secure connections (HTTPS) to external web servers. So first, you need to purchase it. The costs change from one company to another but it is important to buy a reliable certificate otherwise Facebook might reject it. All major ISP companies offer SSL products. Second, you need to install it on your web server. The installation process can be tricky. Sometimes you can get technical help from the ISP company that sold you the certificate (as a rule of thumb, the bigger the brand the better their technical support is supposed to be. But the cost may be higher too). You can also rely on popular tools, such as keytool command utility, assuming you know how to use them. In any case, it might be a good idea to allocate several days, up to a week, for this step when planning your project.

3. Choosing the server environment.

Your options are (almost) unlimited. Many online tutorials use Heroku which is a cloud-based web application platform, but a simple Tomcat web server would suffice too. Your decisions should be based on your business requirements.  A lightweight server such as Tomcat is a good fit when it comes to web centric, user facing applications. If backend integration comes into play, a web application server should be considered.

Your choice of programming languages is also broad. PHP is one popular option, Java is another but the list by no means ends here. Your chatbot app communicates with Facebook using POST requests, so any language that supports web protocols will work. Again, make decisions having your business goals in mind.

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Social Engagement and Sales Accelerate When Using Intent-Driven Data

nmodes delivers consumer intent from social web to businesses. In real-time.

 

That is, if your company is selling cars we will connect you with potential customers out there that express intent to buy a car.

 

nmodes has partnered with a medium-sized travel company to help grow their social web sales channel. Our approach is to deliver consumer intent relevant to the company (people planning vacations, going on trips, flying to various world destinations, etc) and develop engagement strategies maximizing the impact of this consumer information.  

 

Here are the results based on 4 months of data:

• The most efficient way to achieve short-term sales turned out to be individually targeted promo campaigns. For example, our travel partner created an attractive vacation destination package, and nmodes helped to spread the word on social media to those intended going on vacation.

 

A typical conversation start leading to promo offering. nmodes intent-based solution made it especially easy to target only relevant end users:

The response rate varies geographically.

Canada - 20%

USA - 64%.

The conversion rate is consistent across all locations and is slightly above 4%. When concentrating on vacation packages we were targeting 20-50 prospects daily, resulting in 2-4 sales per week, averaged $15,000 /mo or $200,000 /year.

The potential for this particular market segment (all-inclusive vacations) in the US is at least x10 higher.

The engagement was based on the combination of intent-based data and location data.

An intent-based sample for European destination package, travelers from USA:

 

While working with companies from various verticals we proved that intent-based data paired with location data offers a powerful opportunity to drive sales aggressively and accelerate business growth.

 

nmodes is best equipped to ensure that your business can benefit from this newly available power.

 

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