Nowadays, it is not an easy task to keep pace with the times. Everything is rapidly changing: new technologies are being invented, businesses are being opened, medicines are being discovered.   Today you are a student, who writes his modern technology essay with excitement, tomorrow — you are an enthusiastic start-up entrepreneur who is full of AI business ideas.

However, both students and entrepreneurs are in need of fast reaction and modern technologies understanding to be competitive and productive. To do so, Information scientists and programmers in the whole world are developing AI technologies to implement AI in business as well as in daily people`s lives.

Adopting AI for small businesses, start-ups, and simple routine tasks already today allows us to live efficiently, sustainably and simply better. 

Today, if you take all these information science essays, various researches, scientific articles, you will come to the realization that yes – AI development is working on improvement. There are dozens of examples and case studies that show how the implementation of AI programs, even in big corporations, helped to optimize the work and multiply the profits. I recommend you to read the free Walmart and HANA case to better understand the power of AI technologies. (I would make a suggestion that after analyzing this article you will consider AI as one of the most fascinating topics).

All in all, this article is for those who are passionate about their business projects and ready to redirect their forces and finances into development, and also for those who read hundreds of essays on Information Science and are on the business plan stage now.

This article will tell you about 4 best AI Tools to Transform Your Business in 2020:

DataRobot

It is one of the most popular business intelligence tools today. More and more students include DataRobot examples when they do their artificial intelligence essay. DR works with global brands, like Mitsubishi Heavy Industries, Airbnb, United Airlines, Panasonic, Nippon steels, and others.

Talking about the tool itself — it is an automated machine learning platform that helps analysts and data scientists of different levels build and deploy better predictive models and improve discoverability of valuable business insights. 

What is more, DR supports data science and even provides workshop courses in around 50 global universities.

Pros: internationally used;

Cons: quite high prices.

Datalogue

It is a brilliant tool that helps your team to prepare data for use. Datalogue automatically receives raw data, cleans it ups, and transforms it into the product for data consumers and analytics. 

Datalogue works with such well-known brands as the New York Times, Forbes, Ameritrade network, and others. 

Spending less time for data preparation business allows getting well-analyzed, classified and transparent data.

Pros: user-friendly interface;

Cons: quite high prices.

Rainbird 

It is an AI software that helps to make your business operations smarter and easier. Rainbird enables your business to build systems based on human-like decisions to increase quality and efficiency.

Basically, Rainbird combines human-like knowledge with the company`s data, which leads to new ways of staff interactions with clients and new approaches to problem-solving.

So, Rainbird is in some way a completely independent working ecosystem that transforms the way your business works.

Pros: controlled learning algorithms;

Cons: takes time to implement it in the business.

Chatfuel

We can hardly imagine our lives without social media. The same story happens with business lives. Social media can become a powerful tool to promote and develop your business, but it’s important to use the right methods and algorithms.

 Chatfuel can be a great help for this. Chatfiuel is the world-leading chatbot platform for Facebook messenger. Chatfuel’s clients range from small and medium businesses to the world’s most recognizable brands. The most known clients are: Adidas, Lego, T-mobile, and others. What`s more — there is no need for coding! 

Pros: free trial;

Cons: are there any?

To sum up, I hope this article will help you to make a step forward into the AI era. But, please, keep in mind that successful business is not only about technology, it’s also about everyday work and strong will to make an impact.

Good luck!

   If you want to start up your own business, there are a few things that are needed to ensure success and to get people to take your venture seriously. One of the most important things that should be done at the very beginning of your trek into entrepreneurship is to write a solid business plan.

   If you’re only just starting out in business, you’re probably much too busy to think about the long-term future.

   But part of building your business now is planning for when you want to call it a day. Every owner-managed business needs an exit and succession plan to pave the way for a smooth transfer of ownership so that one day you can reap the benefits of your hard work and investment while the enterprise you’ve established continues into the future.

   A startup business plan is a document that outlines your new business’s goals and objectives and indicates how they are to be achieved. This plan is invaluable when it comes to attracting prospective partners and financial aid for your new business. A business plan can also be used to track the new business’s performance and compare it with your original goals.

   While business plans can be formatted in a variety of ways to suit your particular business and personality, there are twelve basic components that should be included in a solid business plan. They include:

1. Objectives.

What size business will you be starting? How much money do you want to make and over what period of time? All of these questions should be answered in the initial planning phase and should be realistic.

2. Competition.

Many small businesses fail because there was not a market for their new product or service. Make sure this does not happen to you. Find out which needs are not being met by current providers, and target your business to fill those needs.

3. Cost.

Estimate the cost of assets needed for your business by pricing the necessary equipment and materials needed in the day to day operation of the business. The best way to do this is to contact individual suppliers and do a little comparison shopping. Then, compile a list that can be easily referred to as you complete the rest of your plan.

4. Personnel Requirements.

How many people will you employ? What types of qualifications will they possess? Having a solid idea of what you will require now, may prevent personnel problems in the future.

5. Pro forma income statement.

A pro forma income statement is an estimate of future sales and expenses. The information contained should be in line with the business objectives. If the numbers do not quite add up, you may need to cut expenses, raise revenues or change your objectives. If the numbers still do not look encouraging, a different type of business opportunity may be better suited to your needs.

6. Legal form.

Will your business be a sole proprietorship, a partnership, or a corporation? Research each and find the one that’s best for you.

7. Capital.

This can be the most time-consuming part of starting a business. While there are loans and grants available, most funds used to start up new businesses are provided by the business owner. If you do not have enough capital to start your business now, do not get discouraged. Keep saving while you look for other ways to raise the needed cash.

8. Pick your location.

Location, location, location is the key to success. Place your small business in areas of high traffic.

9. Bookkeeping.

Whether you are going to hire an accountant or keep the books yourself, now is the time to implement your bookkeeping system.

10. Advertising.

How will people learn about your new business? Which types of advertising will attract the most people to your door: internet or TV? Should you buy back links for your new blog or not? Remember, these are quite possibly the most important dollars that you will spend. Use them wisely.

11. Permits.

Make sure that you have all of the necessary permits and licenses to operate your new business. These permits may include vendor licenses, sales tax numbers or professional licenses. Each city, county, and state is different. Check with the local chamber of commerce to see what is required in your area.

12. Open your business!

After the doors to your business are opened, continually match your business’s performance with its objectives. If there are any discrepancies, changes may need to be made in order to align the two.

As you can see, not all of these steps can be completed at the same time. Start writing your plan by including information about how you hope to achieve each step, and follow up by revising your plan as each goal is realized.

The most important thing to remember is that a business plan is not a rigid set of marked accomplishments, but an outlined path to where you would like to end up. Your plan may take many twists and turns along the way.

There is a huge list of different marketing strategies to increase business profits. Despite this, one of the most popular is a niche or focused strategy. It has its disadvantages and advantages, however, small, medium and large businesses use it to increase their profits.

The development of business needs money. Sometimes business owners have not money for development, SBA loan is the perfect way of getting money. Under the SBA’s various loan programs, funds may be available for purchasing inventory or equipment, adding to working capital, buying commercial real estate.

Niche strategies are appropriate:

• in the presence of a sufficiently large segment that ensures the required profitability and growth prospects;
• if there is no interest in the segment on the part of industry leaders, which reduces the likelihood of competition with them;
• if there is a sufficient number of segments in the industry to select the most attractive of them, corresponding to the potential of the organization;
• if the entity wishing to service the segment has the appropriate experience and resources.

Even a small organization, using a niche strategy, can achieve a competitive advantage if its products are attractive to the segment and it has a successful competitive position. Software development companies can help improve your companies sales and reputation.

The disadvantages of niche strategies include:

• The likelihood of the entity being pushed out of a narrow target segment by competitors (by offering a product that better meets customer needs or by obtaining resources that exceed the company’s resources);
• The likelihood of erasing differences in customer needs between the target segment and the rest of the market, which will open the way for competitors;
• The likelihood that the segment will be highly attractive to a large number of competitors, which may significantly reduce its profitability.

Examples of companies that have chosen various niche strategies

eBay (electronic auctions); Porsche (sports cars); Cannondale (elite models of mountain bikes); Horizon, Comair and Atlantic Southeast (passenger airlines with low traffic at a range of 50-250 miles); Jiffy Lube International (refueling and lubrication of cars, minor repairs); Enterprise Rent-a-Car (rent of cars instead of repaired); Bandog (restoration of tires; the company actively offers the services on hundreds of parking places of trucks); Motel 6 and Ritz-Carlton.

Niche strategies in the hotel business MOTEL 6 and RITZ CARLTON compete in different segments of the hotel services market. MOTEL 6’s focused strategy is focused on low costs, while RITZ-CARLTON has focused on differentiation.

MOTEL 6 is focused on the poor travelers who need a room for one night. MOTEL 6 offers them clean, comfortable rooms without any excesses. In order to reduce costs, the company chooses inexpensive sites for the construction of buildings near highways with heavy traffic; builds hotels without bars and restaurants (but sometimes with swimming pools); uses standard designs, cheap materials; in the rooms only the most necessary furniture.

All this reduces the cost of both construction and maintenance. Since there are no bars, restaurants and additional services in the hotels, the company manages only the registration staff, technical services, and cleaners. In order to attract travelers who need a modest but comfortable accommodation, the company uses radio advertising, which involves well-known radio commentators. Advertising highlights the advantages of MOTEL 6 cleanliness, comfort, quiet atmosphere, low prices.

The RITZ CARLTON is aimed at travelers and customers who are willing to pay for excellent service and personalized service. RITZ CARLTON hotels are distinguished by their excellent location and magnificent room views, architectural style with national flavor, great restaurants, fine cuisine, luxurious lobbies, swimming pools, gyms, technical perfection of rooms, various hotel services, large and well-trained staff.

Both companies focus on fairly narrow market segments. The competitive advantage of MOTEL 6 is its low cost and limited range of services for unpretentious travelers. The advantage of RITZ CARLTON is in a wide range of services for sophisticated customers. Both strategies are successful, albeit different. This is explained by the heterogeneity of the hotel services market, which has different segments with different needs and financial capabilities of consumers.

A niche low-cost strategy is widely used in business. Manufacturers reduce marketing, distribution and advertising costs by moving to direct sales in retail stores and store chains, delivering standard branded products at discounted prices. The combination of cost advantage and narrow market niche service gives good results if the company finds ways to reduce costs and limits the target audience to a particular market segment.

At the other end of the market spectrum are such companies as Chanel, Rolls-Royce, Haagen-Dazs, and W.L.Gore, which have created niche differentiation strategies focused on elite market segments that require first-class products and services. In any market, there are segments where customers are willing to pay more for additional product features, allowing companies to implement focused differentiation strategies that serve an elite customer base.

Another example of a successful niche differentiation strategy is the elite chain of Trader Joe’s 150 outlets, a combination of a delicatessen store and a food wholesale base. Trader Joe’s customers buy expensive exotic products along with a standard set of common groceries, so the store’s stock contains exquisite products such as salmon sandwiches and jasmine fried rice, and at the same time standard products that can be found in any supermarket. Trader Joe’s difference from its peers is not only the combination of exotic and conventional products and competitively low food prices, but also the opportunity to turn a regular grocery shopping trip into an exciting, entertaining experience.

Blue Mountain Agent has a strategy of differentiation in the production of greeting cards and differs from its competitors – Hallmark and American Greetings – not only by the distinctive design and content of its cards but also by the presence of electronic greeting cards.

Conclusion

While selecting a particular niche as the primary focus of attention makes it much easier to find and attract clients, it is essential that there are enough clients in that niche to make it an advantage. An animal shop, targeting a wide range of pet owners, will have far more potential customers than a shop specializing in pet ferrets or poodles only. These niches may be too small for the local market.

Veterinarians specializing in the treatment of cats or horses stand out against the background of general practice veterinarians and can position themselves as experts in this niche. This will already be an advantage of niche marketing – people often prefer to deal with narrow specialists who focus on one narrow niche.

Applying a niche strategy always gives good results, especially in startups, the clearer the distancing and dissimilarity to competitors for a certain category of clients, the greater the chance that the project will “take off”. If you’re a startup, fast business loans can help you a lot. Most entrepreneurs experience a sudden need for extra cash at some point during their careers, especially startups.

Nowadays, companies that are choosing technology are the ones benefiting from the last-mile transportation. How would you feel to see your company ship products more quickly and better than ever before? The last mile is your answer to new technology and transformation that quickens the delivery process.

To effectively compete with big brands like Amazon, Walmart, and others, your company needs to adopt transportation and logistics mobile apps. With that, you will start to see processes become more secure and seamless. But how many can understand the effectiveness of application use in the last mile, and in what ways it can benefit their consumers in service delivery? According to Richard Alden, if current strategies are reviewed and improved, things will better for cities, and transportation will never look messy again.

What is the last mile? It is the final stage of any shipping process. Some define it in terms of actual distance from one place to another, but for better understanding, it involves shipping something from a local hub to the consumer’s house. Let’s see how last-mile can benefit your company through the use of Apps.

Features to Include in Your Transportation and Logistic Apps

Today, technology, no doubt, controls the world and for your company to thrive, you must keep up with it and make good use of technology to create innovative solutions. It becomes handy when faced with too many options available at your fingertips.

A well-informed transport and logistics manager will make sure to have mobile apps with features that help to minimize problems on the road, delivery times, and costs.

Offline Support

Having no internet connectivity today is not imaginable. However, your company must be prepared to overcome the absence of internet connectivity. After all, the logistics business mostly happens on the road, right?

If your app does not support offline productivity, that’s useless in some locations. Last-mile problems could be the most important aspect of the entire process as they directly impact the end-user plus the business. But if the offline support is in place, that can be instrumental to employees to enter data as and when they need in the logistics app, with internet or without it.

Vehicle & Driver Tracking

Having this feature can help you to optimize the cargo for each of your drivers. For example, in case you receive an order for a new pickup of products, you will be able to assign the task to the driver near to the location of the cargo. The driver can be on his way to pick up or deliver up a shipment and must not have reached the maximum load capacity.

So, what do you do? You can assign the task using the admin panel, and the driver will be able to receive a push notification with instructions for them to pick up the new cargo. The driver will need to accept the task and proceed to the shipment location, viewable on the map in the transport and logistics app.

Throughout the process, you can view the location of the cargo and the driver in real-time on the map using your smartphone.

Benefits of Apps for Logistics Management

• They help manage your fleet
• They alert you about the traffic situation
• They make asset tracking easy

Why is Last-Mile Important?

Probably you may not be aware of the importance of the improvements. But the core plan is to winning consumers over in a competitive global economy. All things changed when Amazon started offering its customers a speedy and cheap delivery. Right now, everyone operating an Amazon Prime account can get their products within two days with no additional cost.

Today, the customer would shy away from the website, promising to ship them products over five business days. Of course, they would go to the likes of Amazon, for they are not ready to wait forever to receive their purchase. And many companies find themselves in this predicament of not being able to offer consumers faster shipping.

What customers are looking at is a company that can provide them with a speedy delivery service.

Why is Last-Mile Difficult?

From the consumer’s end, they do not understand why last-mile transportation is challenging. They only hit the order button and wait for the product to find them within a few days possible, and that’s it to them. From the company’s perspective, the most prominent effect is the Amazon effect as customers today are used to receiving products that they order with Amazon within two business days, which is not easy for many companies to match that speedy delivery.

The delivery process has sometimes posed challenges in serving customers. For instance,  reaching rural homes that are far apart may be a challenge to getting consumer’s products speedily. Also, in urban areas, you’ll find it so clogged with traffic and slows the whole process.

Lastly, no matter how speedy you want to get products to reach your consumers, sometimes they are not at home to sign for important packages.

Conclusion

Improving the final mile is not easy, and companies must find a balance between affordable shipping and fast shipping that satisfies all parties. Many consider last-mile transportation as costly, but with a smart approach in place, even same-day logistics is possible and the future every company should plan to implement.

But the most effective way to see your company soar in last-mile transportation is by developing transportation and logistics mobile apps for both Android and iOS. Not only will that help enhance doing business in your company today, but your customers will appreciate your up-to-date with the app that responds to their needs.

In today’s digital reliant age, there are still a high number of physical retailers who resist transitioning into e-commerce. Retailers are hesitant to venture online as they worry about whether they can survive the threat of online transactions. Additionally, they also fear the dying status of brick-and-mortar retail trading, as online purchasing has become significant.

However, it is essential to know that the two can work together, which can result in gaining a greater focus on the experience of the consumer. One example is the existence of content marketing. But, does content marketing work? Can it improve revenue? To know more about the advantages of content marketing to your brick-and-mortar business and basic principles of content marketing, keep on reading.

Going Digital is Not a Threat, It’s an Opportunity

The fear of witnessing the death of brick-and-mortar business can be a devastating case. Although some people considered the growth of online shopping as a threat, it actually showcases as an opportunity for brick-and-mortar retailers. At the same time, it can also promote commitment, increase sales, and loyalty, both offline and online.

Moreover, retailers must exert an effort to provide an excellent approach to customer service, and that involves engaging and connecting customers in the most timely and pertinent ways. Custom crystal awards is an example of a store that benefits higher from a online presence rather than an in-person store front because of its niche product. Establishing a place in the digital aspect can help retailers in enhancing their skills as well as improving the consumer’s shopping experiences.

Boosts In-store Traffic and Sales

Utilizing content marketing strategy for your business is meant to build conversions from your shoppers and traffic to your store.  There are different types of areas on how to manage your online marketing, including:

• crafting article blogs with the help of various kinds of writing app
• review sites
• landing pages
• social media sites
• product pages and more

Although content marketing is a little complicated than traditional marketing avenues, the best part of it is that it has a more significant effect on your bottom line. On a side note, it is also a vital platform for retailers to strengthen the relationship between potential and existing clients. Giving useful information that is significant to the audience can generate a greater impact on those who are reading your content.

Know Your Ideal Audience

One of the most fundamental parts of applying a strategic plan in any online retail business is knowing your audience. Knowing what they do, who they are, and the reason why they would want to know more about you is essential.

Hence, to be able to do that, market research must be done. Market research can assist in identifying the weaknesses in your competitor’s approach, which then helps in utilizing potential customers. In turn, you are more likely to conduct new strategies and think creatively.

While doing that, your content marketing will begin to solidify. Content marketing, on the other hand, can save your brick-and-mortar business because of the reason that customers will browse the Internet and start their search online. That said, having enough knowledge about your competition will be imperative to the success of your business.

You Won’t Go Out of Business

Content marketing plays a significant role in your brick-and-mortar business. The platform urges you to generate all of your content with the same goals in mind. The goal is to make your user experience, message, products, and services consistent across all variant content, which will, in turn, establish credibility with your readers.

Takeaway

The presence of content creation is one of the most effective forms of digital marketing.  Aiming to be the best marketer in the industry needs a tremendous amount of effort. Your brick-and-mortar business requires techniques that are reputable and enduring. Content marketing will bring those beneficial impacts.

If you thought that writing in high school was tough, then you haven’t tried business writing. Decent business writing skills are extremely important if you want to portray a professional image. 

Although you might think that proper writing skills, in general, is not that important anymore, then you have to think again. If the writing that you put out there is sub-par, then your business is reflected in the same light. If you can’t even pay attention to basic grammar and spelling, how are you going to perform the more complex tasks? 

If you know that your business writing skills are lacking, then you need to step up your game and improve if you want your business to succeed.

Do The Basics Right

One of the most important aspects of writing is to be clear and concise. The moment you begin to fluff or leave your reader wondering what the main point of your message is, then you already lost them. 

If you are not that skilled in business writing and need some guidance, ask a service to write my essay online to get a couple of examples to get the hang of things. The expert writers there can also help you with research papers, business PPT’s and more.

The one thing that you always need to make sure of is to make your first sentence a topical sentence and have the rest of your paragraphs support your opening sentence. Once you have said what you wanted to, then you need to tie everything together in a conclusion. 

Proofread Your Work

It doesn’t matter how good a writer you might think you are; you need to have your material proofread before it gets sent to your target audience. Even professional authors have their writing examined by a professional. 

Don’t even think for one second that you will be able to pick up on all the mistakes that you made if you try and proofread your own writing. 

If you want to improve your writing skills, then someone has to point out your mistakes. You are entirely subjective to your own writing because your mind overrides that which you have written with what you intended to have written. This means that you read over your mistakes and miss even the most obvious of errors.

Include a Call to Action

Depending on the business that you run, a call to action is one way to engage your audience and make sure that more people respond. If your message was clear and you were able to excite your reader with your words, then you need to feed off that excitement and allow your reader to respond on the spot. 

Using a call to action can also enable you to improve website content if you ask your audience to comment, which could provide valuable info on where you might still be lacking. 

A call to action is especially important because people will forget about what you said much easier because they are constantly bombarded with an extra reading from other websites.

Use The Available Tools

If your business is still growing and you don’t have all the money in the world to pay for proofreading, then you need to use the tools that are at your disposal. 

One of the easiest methods on how to improve writing skills is to use one of these tools and see where you make your mistakes in real-time. There is no need to wait on a proofreader to give you the go-ahead if you can do it yourself with the help of an online tool. 

Know Your Register

Business writing is very specific, seeing that it has its own jargon. Doing a short business writing course will allow you to see what is acceptable and what not. Depending on your audience, your writing should always be professional and clear of any form of slang or emojis. 

The moment you use slang and other emoticons, you come across as immature and unprofessional. Then again, you should know your audience and the language that they will relate to. 

Conclusion

It seems as if the digital world has put a pin into proper spelling and grammar. People don’t see the value in professional writing anymore and in the end, they deliver work that is not impressive. 

If your business writing improves, then your business will stand out from the rest of the other businesses. There are many other things that you can do to improve your writing, but if you start with these tips, you are well on your way to a better business.       

To help get better results from your Instagram marketing tactics, you need to take steps to improve the number of followers you have. There are quite a few hacks to try and here are a few things to get you started on the right foot.

Pick a Dedicated Hashtag and Promote It

It is important to create a dedicated hashtag for your company, but it is of paramount importance to take serious steps to cross-promote it. You should integrate it into your social media profiles as well as your website. It should also be part of your emails.

You need to have it in your profile, which is a must, but you should also consider using it offline. For instance, have it printed on all your receipts as well as on signage in your shop. Promoting it at relevant events will also make it known to your targeted audience. The idea is to promote your hashtag as much as you can and in whatever way you can.

Use Your Creative Side

Finding the right hashtags will really go a long way towards winning you more Instagram followers, so it makes sense to get creative with Instagram caption ideas. Using one-word hashtags is good, but it is better to look beyond that whenever you can. Ideally, you should mix things up a little and try ways to tell your story. Try to be outrageous, ironic, and funny. Experiment a little but try not to be boring.

Be Part of Popular Conversations

To get more followers, you need to be active online, and one way is to be part of massively popular conversations. You can try topically relevant hashtags to find popular conversations and then join them. Understand that it is a good idea to use hashtags that look more like long-tail keywords, but you’re going to get more exposure and reach a larger audience by using universally trending hashtags.

Exploit Instagram DMs

The Instagram message section is the ideal opportunity for those who would like to bond with their followers and turn them into their advocates! That is, by engaging with your followers and fosting a strong relationship through messages, you can find your truest fans! However, if you find it difficult to send messages one by one, you need to use a service that enables you to mass DM on IG. This way, you can sit back and relax as the tool takes care of it for you.

Use Your Bio URL Sensibly

You should not waste any space you have available on your Instagram account, and your bio URL is valuable real estate to use for promotional purposes. Ideally, you should regular change the bio URL and ensure that it doesn’t always point to your website homepage. A good idea is to change it twice a week to ensure you direct valuable traffic to your most popular content.

 Run an Effective Instagram Giveaway

 Have you ever heard of the magic of Instagram giveaways?! Hosting an IG giveaway or contest will indeed help you reach your target audience and get more organic followers and likes. Yet to capitalize on the immense power of a giveaway, you need to make sure you have the right Instagram giveaway picker at your fingertips. With access to such a tool, you get to automate the process and select the winners without lifting a finger! 

Make Your Captions More Descriptive

You have to understand the importance of using the right words to convey your message and sell yourself right. Pictures are important but you also need words to touch your audience’s emotional side. You have to learn how to use images along with words to tell your story in a more convincing and engaging manner. You don’t need to be perfect in the first few attempts, but be sure to incorporate it into your strategy to help get better returns.

Conclusion

By taking these steps, you will notice a steady increase in the number of people following your page. If you need quick results, you may want to consider buying Instagram followers online.

But, be sure to work with an authentic and professional service provider, and that is what you can see at Social Media Daily. Give it a shot today!