3 Ways small businesses can leverage ChatGPT

Are you looking to take your small business to the next level? Leveraging ChatGPT may help you do just that.

What is ChatGPT?

ChatGPT is an artificial intelligence- (AI) powered chatbot that has been trained on a vast amount of text data from books, scientific journals, web pages, and other sources. Unlike traditional chatbots that rely on preprogrammed responses, ChatGPT uses deep learning algorithms to generate natural language responses to user input, making it feel like you’re having a real conversation with a human.

To use ChatGPT, you just have to input a natural language prompt, such as “How can I market my small business?” and the AI chatbot will provide a conversational response. You can also ask ChatGPT follow-up questions or to perform certain actions, such as “Write a one-sentence summary for this article.”

Read also: Intelligent business applications to accelerate your business’s digital transformation

How can ChatGPT help small businesses?

Here are some areas in which ChatGPT could be useful for small businesses.

1. Customer service and support

In March 2023, the grocery shopping app Instacart announced that it will use ChatGPT to power its new feature called “Ask Instacart,” which will be rolled out later this year. With this feature, customers can ask food-related questions such as “What’s a healthy snack for my toddler?” or “What dishes can I make using corn?” and get conversational responses rather than a list of search engine results.

You can leverage ChatGPT in the same way by training it to provide helpful responses to customer queries and support requests. Feeding ChatGPT with common customer questions and their corresponding answers is one way to train the AI chatbot. Afterward, you can integrate your trained ChatGPT model into your website or messaging platform so that customers can interact with the AI chatbot directly. This allows you to quickly respond to customer queries with minimal effort while improving customer satisfaction.

What’s more, ChatGPT can be trained to provide customer support in multiple languages, enabling you to communicate with your customers in their native language without having to hire multilingual staff. Currently, ChatGPT can translate text into 95 different languages.

2. Content creation and curation

ChatGPT can analyze trends in your industry and suggest blog post topics that your target audience will likely engage with. You can also ask the AI chatbot to research and write content for you by entering prompts like “Find 10 articles about SEO best practices” or “Write a 500-word article about small business marketing.” Examples of content that ChatGPT can produce include blog posts, website copy, email newsletters, social media updates, product descriptions, and sales scripts.

ChatGPT can also help you curate content from various sources on the internet, which you can easily share on your social media pages, allowing you to build a stronger presence on those platforms.

You can even use ChatGPT to translate the content of your company’s website, blog, or marketing collaterals into different languages. This can help you expand your reach and attract a more diverse customer base or create targeted campaigns for different regions and demographics.

Take note, however, that ChatGPT has its limitations. It is not that knowledgeable yet about events that happened after 2021 and may also occasionally provide incorrect, biased, or harmful content. This is why some top companies like BuzzFeed aren’t planning to use ChatGPT for writing news articles for the time being.

3. Data analysis

To understand your operations better and gain a competitive advantage, you can ask ChatGPT to analyze a particular set of data and it will provide insights and recommendations. With some coding and tool integrations, ChatGPT can create data visualizations and even assist in building predictive models.

For example, if you provide ChatGPT with your business’s sales data, it can inform you about your top-performing products and offer data-driven recommendations on how to increase sales. ChatGPT can also use tools such as Python’s Matplotlib library to generate charts or graphs that help you better understand and interpret the numbers. What’s more, it can offer guidance when you’re creating a model for predicting future sales.

The tech experts of Interplay can help you leverage ChatGPT and other IT solutions to give your business a competitive advantage. We are one of the most trusted and longest-standing, accredited managed IT services providers in the Seattle area. Reach out to us today.