The reason for such high failure rate amongst startups (up to nearly 90% close their doors their first year!) is because of limited access to capital, a lack of experience in the market, and an ill-prepared business with little resources. With the emergence and need for digitalisation, tools such as Muah AI help startups to speed up operations, customer engagement processes, and decision making in one scalable package. The latest prediction from the think tank is that automation driven by AI increase efficiency to about 40 percent which, of course, means less workforce for a young business carrying out routine jobs and high volumes of customer queries without hiring more staff.
About Muah Muah AI uses natural language processing (NLP) — you get up to 30% savings in customer service costs because it is a piece of software that can take calls with customers and free your staff for other important work. Using sentiment analysis, it also increases engagement by 20%, allowing companies to improve user experience and build customer loyalty. Being sticksier with customers and building better relationships is a necessity for growth in competitive markets, the kind that will only come at scale to startups who do this well.
Another area where Muah AI can have a game-changing effect is marketing. While building a sales pipeline is challenging for most startups, Muah AI intelligentizes your market trends and customer behavior along with personalizing content. Startups generally target a particular niche and personalization drives revenues high by 5-15%, research says. Firms like Airbnb and Spotify, which have never looked back, benefited from AI insights early on to hone their product-market fit before scaling.
We are already seeing applications using Muah AI in product development to provide real-time data analytics for startups and help them identify customer needs and improve their offerings. It can shorten product launch time by 20%, innovation that gives headquarters a significant prime over the startup needing to be quick-footed and adjusting on the fly. AI can double productivity growth according to the World Economic Forum, which is a great trend for startups in competition against bigger companies.
Muah AI going accessibility and scalability route where we can pitch startups on ground level without heavy investment. Its low cost, flexibility and easy scaling aids in high growth scale businesses as they expand — making an AI solution like muah ai right for startups with changing requirements. This enables startups to stay lean while delivering high efficiency, engagement and time-to-market speed–critical requirements for survival and growth in today’s environment.