Small businesses can foster resilience during the holiday season by harnessing direct and personalized engagement with their loyal customer base. By employing digital communication channels, offering value through discounts and promotions, engaging with the local community, and analyzing performance data, small businesses can not only navigate the challenging economic landscape but also lay the groundwork for enduring customer relationships and sustained growth.
Family-owned businesses can successfully navigate digital transformation by striking a balance between efficiency and innovation, simplifying processes, selecting appropriate transformation strategies, and fostering agile leadership.
Explore the transformation of digital marketing as third-party cookies phase out. Uncover the potential of first-party cookies and innovative solutions to keep your small business thriving in this exciting new era of advertising.
OpenAI's ChatGPT is revolutionizing the restaurant industry by streamlining customer service, automating inventory predictions, and enhancing voice bot systems for drive-thrus. As businesses explore back-of-house applications and harness the chatbot's potential to create a hub for brand-specific questions, ChatGPT is poised to become an integral component in restaurant operations.
In one paper, two researchers from the Federal Reserve found that ChatGPT came closest to humans in deciphering whether central bank statements were dovish or hawkish. In another, researchers prompted ChatGPT to act as a financial expert and interpret corporate news headlines.
Artificial Intelligence Articles: Thought Leadership from McCabe MediaMichael Shawn McCabe2023-04-26T02:13:25+00:00