The Coronavirus pandemic has threatened the world and completely locked us down. There is a massive economic breakdown and chaos everywhere. Thereby, posing serious threats to SMBs. As Claire Kramer Mills, Assistant Vice President at the Federal Reserve Bank of New York puts it, “Small businesses nationwide now face unprecedented challenges as the country grapples with the significant economic and social effects of the COVID-19 pandemic.” With a rise in the graph of affected people, small stores and restaurants are struggling to survive the severe effects of this pandemic. New York Fed came up with a report that shows the business decision when faced with a 2-months disruption.
What Can SMBs Do Now?
Following are some of the smart steps that SMBs can take in such a critical situation:
- Determine what to pause right now
- Prioritize what’s necessary
- Make an impressive online presence
- Keep their customers’ updated
- Help each other in this time
A Helping Hand from ClouDhiti
Well, here’s good news for all the SMBs.
ClouDhiti – an AI Apps marketplace and a sister company of ThirdEye Data brings AI apps like chatbots, business analytics applications, anomaly detection applications for SMBs. These AI apps are specifically made for the SMBs and have a much lower price compared to other counterparts generally available in the market.
With the ravages of COVID-19 on the economy and SMBs being targetted unfairly, now is the time when they need the most help. And ClouDhiti is doing its best to serve them.
SMBs can strengthen themselves by implementing such AI-based analytical solutions to their store. They can deploy automated chatbots that can keep visitors engaged 24/7 in their absence. Or deploy an analytical dashboard that offers AI-derived insights to their most frequent customers and develop hyper-targeted marketing campaigns for higher sales conversions. In this day and age where cybercrime is at its peak, SMBs can defend themselves by determining fraudulent activities on their online stores and stopping them in real-time.
ClouDhiti is now offering all these AI Apps for FREE for the next three months to let these SMBs know and grow their businesses, with a little help from AI during these times of Coronavirus.