Why Chatbots are Profitable?

 Chatbots have become an essential tool for businesses, offering significant profitability through growing demand, low startup costs, and scalable operations. Here’s how they contribute to profitability:

Stats Showing Chatbots Usage and Utility:

  • Customer Engagement: Over the last 12 months, around 67% of global consumers have interacted with a chatbot for customer support.
     
  • Time Savings: Chatbots are projected to save businesses over 2.5 billion hours of customer service time by 2023, greatly improving efficiency​.
     
  • Adoption Rate: By 2025, 80% of businesses are expected to implement some form of chatbot automation, reflecting the widespread adoption and utility of chatbots.

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