Nov

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.

 

Interested in reading more? Check out our other blogs:

How nmodes technology is unique



nmodes AI is based on semantic algorithms. They require significantly less computational capacity compared to standard machine learning algorithms used by a majority of conversational AI systems today.

As a result, the infrastructure requirements are drastically reduced. In simple terms, what Google Home or Amazon Alexa do with the help of supercomputers or advanced computer farms, nmodes AI can do on a basic server.

And it gives nmodes ability to delegate conversational capacity to the users.  With the help of nmodes AI every business (and individual) can create their own AI to handle the details of the business (products, customers, etc) not accessible from the outside.

 
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AI unmasked: How is nmodes different



nmodes is the only platform offering businesses their own AI that represents their brand. Other platforms are one-size-fit-all solutions that make it difficult for businesses to let AI know their sales process, customers, product details. nmodes gives every company an AI assistant that knows their business and grows together with it. 

In addition, nmodes AI is laughingly easy to use - there is no need to be technically savvy because all communication happens in natural language. 

Also, nmodes platform offers data privacy better than any other AI solution. nmodes unique architecture makes us the only conversational AI company that does not own customers' data.  

 
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