6 AI Business Tools for Entrepreneurs on a Budget

Companies using AI for sales increased their leads by more than 50 percent, reduced call time by over 60 percent and realized cost reductions between 40 percent to 60 percent. There are many options on the market that small businesses could use to reap similar benefits. Innovations in AI data collection and analysis can provide small companies with critical decision-making information, similar to their larger counterparts. When running a small business, it can be challenging to keep track of your own activities, so paying close attention to the competition can feel impossible. Using AI, companies can track competitors across most digital channels, including social media, to gather a variety of information that users can then apply to their own company's pricing, marketing language and more.

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