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MorganB
Content Leader

Driving Revenue With AI

Hello, Community! Thanks for visiting the Business Discussion page. Today I'd like to talk about an article I read on the QuickBooks Blog that discusses a few ways AI can help drive revenue in the holiday season. Let's check it out...
 
Long before artificial intelligence (AI) came into our lives, our parents/teachers/mentors told us to “work smarter, not harder.” Of course, having all the answers on the internet at our fingertips isn’t quite as uncomplicated as that, but if you’ve decided to take advantage of digital tools like ChatGPT, Google Gemini, Microsoft Copilot, AI agents in Intuit QuickBooks, and others, you could be seeing some first-hand benefits in your small business.
 
Here are some ways you can use AI to plan your holiday sales, marketing, seasonal hours, and more:
 
ChatGPT is your marketing manager’s best friendYou can ask ChatGPT to create a short email campaign to market your shop during the holidays. Provide ChatGPT with enough details up front so it understands your specific circumstances and knows enough to meet your demands. Most of the time, the first result won’t be exactly right. The good news is that generative AI tools like ChatGPT make it easy to iterate. You don’t need to be shy or apologetic with your feedback, either! Tell it what you want fixed in the next draft.
 
Use AI for inventory and operations2 ways to use QuickBooks to determine your stock levels for the holidays:
  1. Analyze historical holiday sales data. Run the "Inventory Valuation Summary" and "Sales by Product/Service Detail" reports to find your best-selling products during previous holiday seasons.
  2.  Analyze the past year's data and look for monthly or quarterly sales trends. Pay attention to how demand for specific items may fluctuate in September, October, and November as holiday shopping begins earlier.
 
The post goes on to explain many other pros to using artificial intelligence for your business - like scheduling, onboarding, chatbots, recommendations, and more! Click the link above to view the full article. How are you planning to use AI this season? Drop your thoughts in the comments!
1 Comment 1
FishingForAnswers
Level 10

Driving Revenue With AI

The best way to drive revenue with AI is to not.

 

There are a number of fields that can benefit from AI.

 

Writing and accounting are absolutely not among them, and it is disappointing, but not surprising, that Quickbooks is trying to jump on the latest pop trend.

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