The effect of artificial intelligence on the sales graph in Indian market

Mithun S. Ullal, Iqbal Thonse Hawaldar, Suhan Mendon, Nympha Joseph

Research output: Contribution to journalArticlepeer-review

1 Citation (Scopus)

Abstract

Artificial Intelligence (AI) has been the biggest revolution of the 21st century impacting every aspect of the business, sales being no different. The paper experiments the effect of marketing on 4500 customers using AI and humans. The outcomes of the research reveal the effectiveness of AI is the same as experienced salesmen and 2.7 times better than inexperienced salesmen is closing the sales calls. The sales graph experienced a dip by over 86.23% when it was revealed to the customer that the interface is with the machine, not humans and reduced the duration of the call substantially. The paper shows that Indians do not believe Artificial Intelligence and still prefer human interface as they do not trust machines over human emotions. The effectiveness of AI drastically reduces despite its superiority over humans in various aspects. The paper identifies the strategies to overcome the trust deficit that exists among Indian customers. The outcomes show how AI can be used, and how marketing could be done using AI in conservative markets such as India.

Original languageEnglish
Pages (from-to)2940-2954
Number of pages15
JournalEntrepreneurship and Sustainability Issues
Volume7
Issue number4
DOIs
Publication statusPublished - 06-2020
Externally publishedYes

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Economics, Econometrics and Finance (miscellaneous)
  • Management, Monitoring, Policy and Law
  • Management of Technology and Innovation

Fingerprint Dive into the research topics of 'The effect of artificial intelligence on the sales graph in Indian market'. Together they form a unique fingerprint.

Cite this