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Restaurants today are facing a barrage of challenges that require them to adapt with cutting-edge technologies.
More and more customers expect an Amazon-level experience, one that includes personalized shopping and lightning fast convenience, so restaurants are increasingly turning to technology to address gaps, boost profits, and enhance the customer experience.
Voice AI, which has already been widely adopted in consumer goods, is one such technology used for telephony/mobile ordering that’s undergone significant investment and is now poised to make waves in the restaurant industry. Keep reading to learn everything you need to know about adopting Voice AI for your telephony/mobile ordering.
Although every restaurant is different, there are pain points affecting the entire industry—and staffing is one of the top challenges.
For one, the turnover rate in the restaurant is astronomically high compared to other industries. For restaurants, the average employee retention is 110 days, meaning that on average, they have to replace their entire team of servers, hosts, and other customer-facing employees more than once every year!
Secondly, annual labor costs have gone up by 21%, placing further strain on staffing operations. With the cost of employee turnover averaging around $5,864 per person for a typical front-line employee, staffing can be a serious drain on operating costs.
Meanwhile, 42% of customers order by phone, QSR drive-thru orders account for approximately 50-70% of all revenue, and 60% of customers will order more online than in-person. Together, these metrics point towards the untapped potential of leveraging Voice AI to streamline telephony/mobile ordering and raise profits.
While recent advancements in Siri, Alexa, and Google Assistant have made voice AI feel new and groundbreaking, the development of these capabilities has been going on since the 1990s. In the 2010s, Voice AI experienced explosive growth, with more sophisticated and reliable systems integrating into various industries and use cases. Advances in natural language processing and machine learning, combined with expansive computing power and countless voice samples that “train” AI, have made AI altogether more sophisticated and reliable.
As the technology improved, restaurants who wanted to stay ahead of the competition began using Voice AI for a wide range of applications, such as taking reservations and processing payments. The pandemic accelerated the adoption of Voice AI in restaurants as many businesses sought to reduce person-to-person contact.
However, since the pandemic, restaurants have been struggling with the growing demand for to-go orders. There’s never been more ways for customers to place orders, but now, many are facing a demand they can’t handle. Kitchens are taxed and when that happens, restaurants fail.
That’s why Voice AI is being increasingly used to elevate the customer experience while letting restaurants assign employees to the tasks that matter most: preparing and serving great food.
Here are five ways that restaurants can leverage Voice AI:
With Voice AI, customers never have to experience the feeling of waiting in line. They can order what they want, how they want, and when they want whether that’s via drive-thru or in a restaurant’s mobile app, all while receiving personalized recommendations and upsells.
What is perhaps most advantageous for restaurants, however, is that Voice AI allows them to create an amazing customer experience at scale. When restaurants scale with Voice AI, they can accomplish more with not incremental costs but decreasing costs! By saving money, your profits go up—and considering the staffing challenges facing restaurants and the fact that Voice AI technologies are constantly improving, it pays to be an early adopter.
Restaurants can effectively leverage Voice AI because of its numerous capabilities, transforming the way we interact with technology to improve our daily lives. This is possible because Voice AI isn’t a single technology but several that, when combined, allows for amazing customer experiences.
In the next section, we’ll highlight key AI technologies to understand, but right now, we’ll discuss Natural Language Processing (NLP) because it’s a crucial one to driving value for restaurants. NLP is a field of AI that focuses on enabling machines to understand and interpret human language. It uses machine learning algorithms and statistical models to analyze and understand natural language data, such as text or speech. NLP can be used to perform a wide range of language-related tasks, such as language translation, sentiment analysis, and text classification.
While NLP is a broad field of AI, Conversational Voice AI is the specific application of NLP that allows humans and machines to have a spoken conversation with each other. This is the technology that supports:
In addition to Natural Language Processing, there are other technologies that are important to understand. This may seem like a lot of technical information, but it’s important to develop a working knowledge of these terms:
Voicify is working with some of the largest players in the restaurant industry to reimagine the food ordering experience with voice. By “voicifying” the food ordering experience for speed and accuracy, restaurants are able to increase revenue and elevate the customer experience.
Please subscribe to our monthly newsletter if you’d like to keep up with the work Voicify is doing and our most current content and events. If you have questions about how Voicify can help you deliver custom voice experiences, please don’t hesitate to contact us for a no-cost, no-commitment conversation.
We’re here to help and believe in the power of conversation.
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Supported Integrations
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Media & Advertising
Sports & Entertainment
Retail
CPG
Restaurants & Hospitality
Travel
Government
Utilities
Healthcare
Financial Services
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Resources
Knowledge Center◹
Articles
Agency Partners
Events
Company
Privacy Policy
Careers
Helpful Links
The Modality Framework
Google Actions
Bixby Capsules
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Conversation Maturity Model
Video Demonstrations
Voicify Feature Friday Videos
Voice Apps & Voice Assistants
Alexa Routines & Alexa Skills
Chatbots
Voicify | 175 Portland St | 4th Floor | Boston | MA | 888-910-6525
Copyright © Voicify, LLC. 2021. All rights reserved.
Voicify Conversation Experience Platform™
Voicify Voice Content Management System™
The post The Ultimate Pocket Guide to Voice AI for Telephony/Mobile Ordering appeared first on Voicify.
Restaurants today are facing a barrage of challenges that require them to adapt with cutting-edge technologies.
More and more customers expect an Amazon-level experience, one that includes personalized shopping and lightning fast convenience, so restaurants are increasingly turning to technology to address gaps, boost profits, and enhance the customer experience.
Voice AI, which has already been widely adopted in consumer goods, is one such technology used for telephony/mobile ordering that’s undergone significant investment and is now poised to make waves in the restaurant industry. Keep reading to learn everything you need to know about adopting Voice AI for your telephony/mobile ordering.
Although every restaurant is different, there are pain points affecting the entire industry—and staffing is one of the top challenges.
For one, the turnover rate in the restaurant is astronomically high compared to other industries. For restaurants, the average employee retention is 110 days, meaning that on average, they have to replace their entire team of servers, hosts, and other customer-facing employees more than once every year!
Secondly, annual labor costs have gone up by 21%, placing further strain on staffing operations. With the cost of employee turnover averaging around $5,864 per person for a typical front-line employee, staffing can be a serious drain on operating costs.
Meanwhile, 42% of customers order by phone, QSR drive-thru orders account for approximately 50-70% of all revenue, and 60% of customers will order more online than in-person. Together, these metrics point towards the untapped potential of leveraging Voice AI to streamline telephony/mobile ordering and raise profits.
While recent advancements in Siri, Alexa, and Google Assistant have made voice AI feel new and groundbreaking, the development of these capabilities has been going on since the 1990s. In the 2010s, Voice AI experienced explosive growth, with more sophisticated and reliable systems integrating into various industries and use cases. Advances in natural language processing and machine learning, combined with expansive computing power and countless voice samples that “train” AI, have made AI altogether more sophisticated and reliable.
As the technology improved, restaurants who wanted to stay ahead of the competition began using Voice AI for a wide range of applications, such as taking reservations and processing payments. The pandemic accelerated the adoption of Voice AI in restaurants as many businesses sought to reduce person-to-person contact.
However, since the pandemic, restaurants have been struggling with the growing demand for to-go orders. There’s never been more ways for customers to place orders, but now, many are facing a demand they can’t handle. Kitchens are taxed and when that happens, restaurants fail.
That’s why Voice AI is being increasingly used to elevate the customer experience while letting restaurants assign employees to the tasks that matter most: preparing and serving great food.
Here are five ways that restaurants can leverage Voice AI:
With Voice AI, customers never have to experience the feeling of waiting in line. They can order what they want, how they want, and when they want whether that’s via drive-thru or in a restaurant’s mobile app, all while receiving personalized recommendations and upsells.
What is perhaps most advantageous for restaurants, however, is that Voice AI allows them to create an amazing customer experience at scale. When restaurants scale with Voice AI, they can accomplish more with not incremental costs but decreasing costs! By saving money, your profits go up—and considering the staffing challenges facing restaurants and the fact that Voice AI technologies are constantly improving, it pays to be an early adopter.
Restaurants can effectively leverage Voice AI because of its numerous capabilities, transforming the way we interact with technology to improve our daily lives. This is possible because Voice AI isn’t a single technology but several that, when combined, allows for amazing customer experiences.
In the next section, we’ll highlight key AI technologies to understand, but right now, we’ll discuss Natural Language Processing (NLP) because it’s a crucial one to driving value for restaurants. NLP is a field of AI that focuses on enabling machines to understand and interpret human language. It uses machine learning algorithms and statistical models to analyze and understand natural language data, such as text or speech. NLP can be used to perform a wide range of language-related tasks, such as language translation, sentiment analysis, and text classification.
While NLP is a broad field of AI, Conversational Voice AI is the specific application of NLP that allows humans and machines to have a spoken conversation with each other. This is the technology that supports:
In addition to Natural Language Processing, there are other technologies that are important to understand. This may seem like a lot of technical information, but it’s important to develop a working knowledge of these terms:
Voicify is working with some of the largest players in the restaurant industry to reimagine the food ordering experience with voice. By “voicifying” the food ordering experience for speed and accuracy, restaurants are able to increase revenue and elevate the customer experience.
Please subscribe to our monthly newsletter if you’d like to keep up with the work Voicify is doing and our most current content and events. If you have questions about how Voicify can help you deliver custom voice experiences, please don’t hesitate to contact us for a no-cost, no-commitment conversation.
We’re here to help and believe in the power of conversation.
Platform
Channel Distribution
Global Scale
Headless Voice CMS
Cloud Voice CMS
Voice Media Manager
Voice Personalization
Security & Privacy
Voicify Integrations & Customization
Voicify Modules
Supported Integrations
Voice Analytics
All Features
Solutions
For IT & Developers
Media & Advertising
Sports & Entertainment
Retail
CPG
Restaurants & Hospitality
Travel
Government
Utilities
Healthcare
Financial Services
Higher Education
Resources
Knowledge Center◹
Articles
Agency Partners
Events
Company
Privacy Policy
Careers
Helpful Links
The Modality Framework
Google Actions
Bixby Capsules
DialogFlow
Chatbot Platforms
Conversational AI
Conversation Maturity Model
Video Demonstrations
Voicify Feature Friday Videos
Voice Apps & Voice Assistants
Alexa Routines & Alexa Skills
Chatbots
Voicify | 175 Portland St | 4th Floor | Boston | MA | 888-910-6525
Copyright © Voicify, LLC. 2021. All rights reserved.
Voicify Conversation Experience Platform™
Voicify Voice Content Management System™
The post The Ultimate Pocket Guide to Voice AI for Telephony/Mobile Ordering appeared first on Voicify.