What is a FAQ chatbot?
An FAQ, or Frequently Asked Questions, chatbot answers common questions that users may have about a product or service. These chatbots simplify finding information by automating answers to questions that can significantly drain the service teams and often involve repetitive copy-and-paste responses.
FAQ chatbots save customers valuable time, ensuring they’re not on hold for hours or spending large chunks of their day trawling through endless FAQ pages; this means customers can get the information they need with minimal effort, and customer service teams can focus on providing quality customer care. These chatbots enhance user experience and improve customer service operations' efficiency.
How does an FAQ chatbot work?
Based on a simple question-and-answer basis, FAQ chatbots can be AI or scripted, although scripted chatbots are more common in FAQ-related settings. Scripted chatbots can carry out simple customer conversations based on a predefined script or answers.
Advanced AI chatbots can determine the answers to more complex, case-specific questions using Natural Language Processing (NLP) and Machine Learning (ML). These technologies ensure the chatbot understands and responds to customer questions with relevant, in-depth solutions. As with other types of chatbots, the FAQ chatbot can escalate a question to a human agent if it’s unable to resolve it to the customer’s satisfaction. With CM.com’s Generative AI features, these chatbots can enhance the information given to an agent when receiving a handover, describing the conversation, why it was handed over and suggesting the next best agent actions.
What are the benefits of a FAQ chatbot?
FAQ chatbots are effective because they allow customers to get rapid access to the information they need without having to scroll through pages of FAQs. They enable customers to self-serve and access answers to their questions without human interaction, and businesses can offer 24/7 customer service without increasing staffing overheads. The key benefits include:
Handling Repetitive Tasks: Chatbots excel at handling repetitive tasks such as tracking orders and providing basic information, freeing human agents to focus on more complex and value-added tasks.
Efficiency: FAQ chatbots can handle many common inquiries 24/7 without human intervention, freeing human agents for more complex tasks.
Consistency: Chatbots provide consistent and accurate responses to frequently asked questions, reducing the risk of human error.
Availability: Users can access information and support anytime outside regular business hours.
Cost Savings: Organisations can reduce customer support costs by automating responses to common queries.
Scalability: FAQ chatbots can scale to handle many concurrent users, making them suitable for businesses with a large customer base.
Improved User Experience: Users often prefer the convenience of getting quick answers to their questions through a chatbot rather than searching through lengthy FAQs or waiting for email responses.
Read how Missguided decreased live contacts and costs by 14% by implementing an FAQ chatbot.
Overall, FAQ chatbots are valuable for improving customer service, enhancing user experience, and streamlining information retrieval processes. They are commonly used on websites, mobile apps, messaging platforms, and other digital channels to assist users in finding answers to their questions quickly and efficiently.
To start with customer service chatbots, you can build them with CM.com’s Conversational AI Cloud. Our team can provide the support you need to streamline customer service.