Episode Transcript
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0:37
Welcome to the Veronica Edwards
0:39
show where we have fun financial
0:42
conversations that everyone listening
0:44
can apply to their personal and professional
0:46
life . I'm your host , veronica
0:48
Edwards , and I'm so excited
0:51
to be back here . Season three on
0:53
biz radio dot US . We are
0:55
approaching for a thousand downloads
0:57
. That's the goal before season four and
1:00
just so thankful for the V team for continuing
1:03
to support the show . I can't believe it's
1:05
been three years and
1:07
one of the new segments that we have
1:09
season three that we're going to have today is
1:11
our small biz hot topics
1:14
with co-hosts and friends of
1:16
the show . C O O of
1:18
Cassie Electric , the only minority
1:20
female owned electrical business in the state of South
1:22
Carolina , miss Ebony Sullivan . Welcome , ebony . Thank
1:25
you so much for having me Absolutely
1:28
so you know this is our second
1:31
segment of small biz
1:33
hot topics but for those that didn't listen
1:35
to the one we had last quarter , it's
1:37
all about , you know , just
1:40
trying to provide small
1:42
business owners little tips , things that
1:44
can help them with their business , especially
1:46
Ebony , with your background with
1:48
public speaking and business coaching
1:51
. I always tell Ebony she's everyone's therapist
1:53
and doctor and cook and all that
1:55
other fun stuff , so
1:57
I couldn't think of anybody else that I would want to do
1:59
this show with . So today's
2:02
topic is artificial
2:04
intelligence Ebony . We've been talking
2:06
about this AI and it's been
2:09
around for a little while , but we're seeing
2:11
it really explode more and more
2:13
, especially in 2023 , going
2:15
into 2024 . And this
2:17
show is going to air
2:20
right before 2024 . So
2:22
we wanted to give small businesses
2:24
a kind of a leg up on
2:27
using AI for their business . So first
2:29
I want to define it before we jump into
2:31
how it can help a small business . So artificial
2:34
intelligence AI
2:36
is all about
2:39
you know , machines
2:41
and softwares doing things for you
2:43
, as opposed to humans , and in the definition
2:46
. they even say animals . I don't know how much animals
2:48
are doing for you in your business , but the
2:50
areas that we're going to discuss today
2:52
of how this machines
2:54
and softwares can help your business is one in customer
2:57
service , secondly with marketing
2:59
and then , lastly , what we know we get
3:01
the most bang for our buck is reduction in staff
3:04
. So , ebony , can you kick us off with the customer
3:06
experience ?
3:08
Yes , I would love to so
3:10
. As businesses strive to enhance customer
3:13
services , ai is emerging
3:15
as a powerful tool for customer service
3:17
. Chat boxes are becoming increasingly
3:20
prevalent for their abilities to mimic
3:22
human like conversations and
3:24
perform routine tasks . By using
3:26
chat box , small businesses can
3:28
deliver prompt and seamless customer
3:30
service , reducing wait times and
3:32
cutting staff costs . In addition
3:35
, chat box can learn from customer
3:37
interactions , continuously improving
3:39
their accuracy and effectiveness . Some
3:42
examples of AI that we can use
3:44
in customer service will be some
3:46
things like chat , gpt
3:48
or Google Bard , which provides
3:50
a seamless and customizable experience
3:53
for businesses by using natural
3:55
language processing . These platforms
3:58
can recognize and respond to customers inquiries
4:00
effectively to ensure that customers
4:02
receive personalized attention , which
4:04
improves overall satisfaction . So
4:08
you know ?
4:09
I mean I , oh sorry . I mean I just want to jump in
4:11
real quick , because when you mentioned the
4:13
chat box I didn't even think about that
4:15
being AI . But I don't know how many times I've
4:17
gone on a website and immediately a box
4:19
comes up and they're like hey , we
4:21
just want to help you and I know Evanie with your
4:24
business with Cassie Electric . You guys
4:26
provide maintenance and warranty
4:28
. Are you guys utilizing this ? Because
4:30
I was like , oh , it's not as much needed
4:33
in my business being a service provider , but
4:35
I am kind of curious if you've utilized this
4:37
with Cassie Electric .
4:40
So we do not currently use chat
4:42
boxes , but what we do is
4:44
we have a software that we use that allows
4:46
us to use everything in one
4:48
place , and it also automates a
4:50
lot of our processes for us . So
4:52
now I don't have to go in
4:54
and send reminders
4:57
to my customers that I'm coming or
4:59
that we're on our way or that we've
5:01
finished the job , and when
5:03
I send the button for the invoices , all
5:06
of those things have now become very automated
5:08
through these systems because of artificial intelligence
5:11
. Right , so they can
5:13
track you . They can . A lot of
5:15
people are scared of this . I am a little
5:17
bit scared .
5:20
Yes , the whole track is , but it's just . But
5:23
if you got a cell phone , I feel like you're being
5:25
tracked , like , even if you take the location , all
5:27
that . I think now that the way technology
5:29
has just exploded in the last 20
5:31
years , yeah , you might as well put a chip in the
5:33
back of my neck .
5:34
You could find it Pretty much I
5:36
mean with the beautiful part now , while I'm while I'm scared
5:38
to own some more business owners out there , it
5:40
is life changing , it is gang
5:43
changing . I mean there's no more , there's
5:45
no longer a need for the pushing paper you
5:47
know , rolling your company anymore , when
5:49
you can have some automations and
5:52
have some artificial intelligence incorporated
5:54
in your day to day so that you can
5:56
have more efficiency in
5:58
the work that you do . You can streamline
6:00
a lot of processes so that you can just
6:02
set it and forget it , and
6:04
it frees you up to be more of
6:06
an owner of the company where you can work for your
6:08
business rather than in your business . And
6:10
so I think that having this from
6:13
a customer service experience while
6:15
your customers do experience a
6:17
much better
6:19
product and service offering because
6:21
they get to interact with someone
6:23
pretty instantaneously you
6:27
have now to
6:29
really work with your time , because now
6:32
you freed yourself up from having to
6:34
sit on that telephone or having
6:36
to call people back or having
6:38
to do these things , and so really consider
6:40
it as a really good tool for
6:42
you to be able to free you up to work
6:45
on your business .
6:46
Yeah , I think you hit it right on the head , especially
6:49
with the timely turnaround
6:51
for customer service , because we live in an age now
6:53
where if you're waiting more than 15
6:55
seconds , you're like , oh , I'm waiting so long
6:57
. So it is nice when I have
6:59
ordered something or I've
7:01
put in a ticket and I immediately get
7:03
an email saying , hey , we're working on your order
7:06
or we're working on your ticket . It's something about
7:08
that communication and , unfortunately
7:10
, with small business owners , when it's just
7:13
you doing a lot of things as the
7:15
owner your marketing , your customer service or all this
7:17
if you don't have bodies
7:19
helping you , that's okay now , but
7:21
you do have to invest , because AI
7:24
isn't cheap , but it isn't good investment
7:27
in your business to show that you're professional
7:29
. I've had people where they
7:31
won't even work with the company if they
7:33
didn't get good customer service , even if it's a great
7:35
product . So that's a big thing . I
7:37
want those that are listening that provide
7:40
any type of service
7:42
. You have to make sure that
7:44
you're A1 when it comes to
7:47
your customer service turnaround time , because
7:50
that's where you can lose people forever
7:52
. They haven't even got a chance to see your product
7:54
.
7:54
Absolutely . I mean , I was on a call yesterday
7:56
and I had to hold for
7:59
about two hours before I
8:01
actually got a live person on the phone
8:03
and then , after we went through our call , I
8:05
said well , how do I follow up with you to make
8:08
sure that this is actually going to happen ? When you say
8:10
he says well , I would suggest
8:12
that you download our app
8:14
and you chat with someone
8:16
, because you would get a faster
8:19
, better response time . So
8:21
I'm like they're telling their training
8:24
their staff , their training people to
8:26
now use these automated systems , because
8:28
if you want quickly , fast-talked
8:31
customer service , that's
8:34
the new wave .
8:36
I definitely see it being an account . At working
8:38
with QuickBooks , that's always
8:40
the first thing that they say is talk to the person
8:42
in the chat and then , after the chat
8:45
, if they weren't able to answer your question
8:47
, okay , then we'll give you a number . But
8:49
really , to your point , they're really trying
8:51
to retrain all of us and
8:53
even their staff . That , hey , the
8:55
first impulse
8:58
is I want to talk to a person . Well , if
9:00
we can alleviate whatever issues that you're
9:02
having via chat , it's cheaper
9:04
, it's easier . I say do it . I'm
9:07
even noticing now on Zoom
9:09
, there's like an AI feature . So
9:11
I was in a meeting with someone where they were
9:13
using their virtual assistant
9:16
, AI and Zoom to do
9:18
all the notes capturing all
9:21
of that . So that just blows my mind .
9:23
Wow , that's so cool though . Can you
9:25
think about that ? That is really cool , exactly
9:27
.
9:28
Just to the third item , which is how
9:31
artificial intelligence can help you with
9:33
marketing . And I'm experiencing
9:35
that here on Biz Radio
9:37
because we've implemented AI
9:40
for when we're saying , hey , the
9:42
small Biz Chat with Ebony Sullivan's
9:44
on and it's listening to everything
9:46
that we're doing right now and it's creating
9:49
that advertisement . And I
9:51
want to say I'm paying less than
9:53
15 bucks a month for this feature
9:55
, where in the past I would have to
9:57
have written this , that someone else
9:59
is proofing it and double checking it and
10:01
all of these things . So if
10:03
you definitely small business owners listening
10:06
can personalize your marketing . It
10:08
can help you analyze customer service , data
10:10
and behaviors , demographics
10:12
. What makes sense is looking at all
10:15
these , as people have heard , algorithms
10:17
we're just looking at all this data and
10:19
processing it so you can have a better
10:21
idea of who are your customers
10:24
people that are coming on your side , people
10:26
that are buying your items . What is it
10:28
exactly that they're looking for ? We're you
10:30
know how to best target them . So , again
10:33
, this is things back in the
10:35
day . It took years of history to
10:37
get this information and people
10:39
and man hours , and now
10:41
you can actually pay for a software that could
10:43
do that in a sliver of a time . Ebony
10:46
have you again , with you being a
10:48
small business owner yourself . Have you
10:50
utilized any of this marketing tools
10:52
for your business ?
10:54
Every day , all day . I mean , if you're
10:56
a nerd and you're a data collector , you've
10:58
got to be in on all of this right . And
11:01
the old school times like , just to
11:04
help people who may not really understand
11:06
the old school times was research
11:08
right , like we had to go to this
11:11
. We had to go look for things , we
11:13
had to find things . Now
11:16
, with this new AI technology
11:18
and as you were talking about algorithms and
11:20
tracking , this data it's collect
11:23
, it is your reference , it is your encyclopedia
11:25
. It has all the information that you need
11:27
as a business owner to make some real strategic
11:30
decisions about your business
11:32
. So it's important that you invest
11:34
in some portion of
11:37
this if you are marketing your business to
11:39
the public , because there's no way
11:41
you are going to know who your customers
11:43
are . When are they shopping
11:45
? What are they looking for ? It is actually
11:48
tracking people's behaviors . It's
11:50
telling you customers
11:52
are looking at your website between
11:55
the hours of nine and 11 , right
11:57
. So now you know if you're sending out blog
11:59
posts , if you're posting things on your
12:01
social media , if you're doing certain things
12:03
, you know now when to do it , right . You
12:06
also it will tell you these people
12:08
between the ages of 25
12:10
and 35 are looking at
12:12
your stuff . Okay , well , that's great . What
12:15
does that mean for me ? That means , now I
12:17
know my target audience is
12:19
25 to 35 , right
12:21
, and now I know my messaging
12:24
and my words and the things that
12:26
I say should be targeted to these
12:28
specific people . And so , again
12:30
, while I know it's very scary , we
12:32
use it every day , all day , in our marketing
12:35
techniques , because now we know where
12:37
to place our ads , what are the
12:39
key words that we need to say in there
12:41
to be able to help people find us
12:43
. We know who people are
12:45
that are looking at us , we know when they're
12:47
shopping for us , and that
12:49
helps us to make good decisions on how
12:52
we strategically grow our business .
12:55
Absolutely , and , like you said , a lot of the stuff is already
12:57
out here and most of us already use
12:59
, like Google suite . Well , they also now
13:02
have Google Cloud AI
13:04
and their whole mission is to spread useful
13:07
AI effectively all over the world . However that
13:09
might be so , if you're already using Google
13:11
suite listeners , look into that also
13:14
, because any platform
13:16
now software based , I'm sure they're now
13:18
adding a layer of AI
13:20
to their systems because they know
13:22
like this is the way , like this is what we're
13:24
moving to , which leads us . Lastly
13:27
, with all of these benefits
13:29
, the biggest one , I mean we
13:31
know , is reduction in staff , you know so on
13:33
the business owners were like , oh
13:35
, positive . But for
13:38
an employee they're kind of like , okay , this
13:40
is messing up my job security . So what
13:42
positives from the owner standpoint
13:44
do we see with this reduction staffing
13:47
?
13:48
Oh man , I mean it's , it's effective
13:51
, it's efficient , is cost
13:54
effective . You get
13:56
to have less office
13:58
space because you don't have to have so many
14:00
butts and seats . You
14:02
see a huge reduction in expenses
14:05
because you're not having to pay for travel
14:08
or reimbursements and all these
14:10
other things . And if you hire
14:12
a virtual assistant they're
14:15
not really yours , so
14:17
they're 1099 , which means
14:19
I'm not really responsible for any benefits
14:21
. I'm not responsible for all of these other
14:23
things as an employer that
14:26
I would be normally responsible for if I actually
14:28
walk somebody in my door and set them
14:30
at my front desk , right . So the
14:33
benefit of that is that they're
14:35
always available to some degree
14:37
. That's kind of scary too , but
14:39
that they will always be available , that
14:41
you have access to them
14:43
at any place , anytime . So if you're
14:45
traveling , it doesn't
14:47
matter , you know . If you have a home based business
14:50
, it doesn't matter . And if you're running
14:52
a large corporation , it's a huge
14:54
cost savings for you to be able
14:57
to say you know , I don't have
14:59
to pay for one extra head in the building
15:01
.
15:01
Right , exactly , and one
15:03
of the terms that I ran across doing research on
15:05
AI is this hybrid intelligence
15:08
where even though you
15:10
know we are using AI , we still
15:13
need to collaboratively work
15:15
with AI and humans , you know so for
15:17
that hybrid intelligence . So , again , we're not replacing
15:19
all staff , but this is
15:21
an area where we can enhance
15:24
it . And , with that being said , there
15:26
are some cons , some negatives
15:29
, also to keep in mind with AI because , like
15:31
anything , nothing is going to be perfect
15:33
. So , again , there's a cost
15:35
with this . Some are inexpensive , some
15:37
are a little bit more expensive , depending
15:40
on the complexity of your business , but
15:42
, like I stated , you know I'm using
15:44
an AI function . It's less than $20
15:46
a month . Some might be more than that
15:48
, but it's definitely something to keep in
15:50
mind . There is a cost and usually
15:53
a monthly subscription that comes with using AI
15:55
. And then also , ai
15:58
is not always fact check , so
16:00
don't just assume that everything that
16:02
comes through . If you
16:04
have an AI virtual assistant and
16:06
they're putting the information in , sometimes
16:09
you know everything's based on the internet and
16:11
if things aren't up to date , there could
16:13
be some inaccuracies because
16:16
the information has not been updated
16:18
. And then , lastly , again , there's
16:20
always going to be bias and there's no emotions
16:22
when you're dealing with Robots
16:24
. You know and dealing with , you know , artificial
16:27
intelligence . I had somebody before I was receiving
16:29
out again it was a customer service situation
16:31
. I'm emailing and the person was just responding
16:34
back so robotic and so cold
16:36
and sure enough , it was AI
16:39
. So I could tell it's . You know , I could
16:41
tell sometimes where I'm like oh , this doesn't feel
16:43
like it's a real person . But
16:45
at the same time , you
16:47
know there's biases with humans too . You
16:49
know so that you know we have to take the
16:51
good with the bad , but to me there's
16:54
a lot more good . When it comes
16:56
to AI , you know many both
16:58
are still pretty young business owners
17:00
. You know , in the last five years
17:02
we've really focused in Entrepreneurship
17:05
. But I would have to say this is one of
17:07
the areas I'm really excited about , because
17:09
, being a solo for newer , I need
17:11
to have somebody to bat . In the other , something
17:14
does happen . So I look at it
17:16
as a positive that you know I can take
17:18
a vacation , I can take some time off
17:20
and To the customer
17:22
, it appears as if I'm still
17:24
being responsive . Marketing is still
17:26
going out automatically and
17:28
. It's completely seamless
17:31
to the end users .
17:33
I think you said a very good thing . Be that
17:35
it is something that you have to incorporate
17:37
with humans . It's not a all
17:40
a men ends to mean all right
17:42
, like where you oh , I got a virtual
17:44
assistant or I have AI and like
17:46
I don't need people . No , I
17:48
do that . They do work hand in hand
17:51
, hand well together . I don't know if people remember
17:53
the big wave of robots . You know manufacturing
17:56
In South Carolina and
17:59
that was a people's job and then
18:01
robots came , placed
18:03
a lot , but it
18:05
didn't replace all the people , right , and
18:07
so that's how I look at AI
18:09
. Ai , yes , it replaces
18:11
some of these very mundane
18:14
, automated , easy
18:16
, low hanging fruit items that you
18:18
can just scrape off your plate and not have to think
18:20
about , but anything that You'd
18:23
have personality , you
18:25
know that's , that's
18:27
what your business development had on
18:29
, and you have to build Relationships
18:32
. You don't want to use AI to
18:34
do that . Right , you want AI
18:36
or just very , very low
18:39
hanging manufacturing
18:41
type routine things
18:44
that you can set it and forget it and
18:46
not think about that anymore . Because
18:48
AI does not need to be your
18:51
personality or the face of
18:53
your business , because then you
18:55
become very much like you said your brand
18:58
becomes very I
19:00
and stale and very robotic
19:02
, and if you wanted to be A
19:04
feeling that people feel when
19:06
they do business with you , then you still
19:09
have to engage . You still need to be
19:11
the face , the voice
19:13
, the present person for your business
19:16
and allow AI to just handle the
19:18
low hanging fruit for you .
19:20
That's perfect , perfect way to end
19:22
it . So again , thank you , miss Sullivan
19:25
, for coming back on for
19:27
our second installment of small
19:29
biz hot topics . Ebony , if you can just plug
19:31
a little bit about Cassie electric , always do
19:33
a little intro in the beginning but To
19:35
segue out , I would love for you to plug again
19:38
where people can find more information about
19:40
the service that you guys provide in South Carolina
19:42
and the greater area .
19:44
Thank you so much . We are um Cassie electric
19:47
, that's c a s s y electric
19:49
. We are on facebook , instagram
19:52
. We are on youtube catch some of
19:54
our tick tock videos . We have our website
19:56
, wwwcassieelectriccom
19:59
. You can always reach us by phone 864
20:01
735 8882
20:03
. We are small on 100
20:06
woman , minority on business . We
20:08
serve as residential , commercial and facility
20:11
maintenance needs for all electrical installs
20:13
, so we'd love being here on biz
20:15
radio with you , veronica . Thank you so much again for
20:17
having me here , um , and thank you
20:19
, listeners , for indulging us on
20:22
our business chats .
20:24
Absolutely . And yes , I want to thank the
20:26
listeners for tuning into biz radio dot us
20:28
. Please come back next week . Same
20:30
time , same place , 10 am
20:32
On Wednesdays for the Veronica Edward
20:35
show . And if you missed the live airings
20:37
, you can listen to all prior shows at
20:39
Veronica Edwards dot buzz sprout
20:41
dot com .
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