How To Launch a Tech Company & How AI and Machine Learning Are eCommerce Game Changers?

Having No Tech Background? No Worries! Here are Several Guides to Launch a Tech Company

There are a number of people who come with great ideas about starting a tech company but sometimes it ends up forgotten. It usually happens because they don’t have tech experience so that the idea seems too overwhelming. Many innovators face this situation every day. However, if you come without a tech background, follow these guides to help you launch a new tech company.

Get to know well about your domain

The typical mistake that is often made by non-tech founders is not knowing well about their domain. Mastering the domain and understand the targeted market is very crucial but those founders commonly miss it. Numerous founders in the world didn’t have a tech background in the past had succeeded in the industry because they have deep understanding of problems they want to solve as well as customers they are selling to.

There is no instant process until they get their success, they may conduct interviews in order to what are current problems facing by people, researching the market, and talk to potential customers about their problems so that founders can provide the best solution for them.

Creating a landing page that elaborating your concept and vision also helps you to sort out people to be potential customers.

Provide minimum products

Another thing that can be useful for non-tech founders is by deciding minimum products to prove the company you run. If your products solve the current problems, many potential customers will perceive your products are valuable. Besides, this process helps you raise funds.

When providing a product, make sure to give detailed specs and precise designs to customers because it helps founders delivering their vision as well as reducing burdens if you rely on these jobs to other people.

Getting a partner with tech experience

As a founder, you are still able to launch a company although you don’t have a tech background. However, involving a partner who has background in tech will help your business to develop well. Someone with tech skills knows how to create a full version of a product and manage its development.

Without such a person, you might face burdens like problematic development process, wasting money on unimportant things, or increasing budget for technical services. To get a partner with tech skills, you can use online communities, meetups, or even look in colleges. Sell yourself to them and get a pitch from potential people.

Learn to work with tech partner

Since you and your partner have different backgrounds, you need to learn how to get along with them in a business. Decide and discuss what jobs you and your partner are responsible for. You as a founder have to right to monitor all the processes and know what’s going on.

Your partner is a middleman between you and the development team and convincing that all tasks are done by the right people. Although your partner is in charge of development, both of you need to regularly review products and make updates in order to develop a successful tech company in the future.

How AI and Machine Learning Are eCommerce Game Changers?

The existence of an online store makes it easy for people to shop without having to leave home. As we know, right now we are required to stay at home because of the Covid-19 outbreak. However, we don't have to worry about our daily needs because we can buy them online. Nowadays, there are so many online shops available. Some eCommerce websites seem so powerful because they rely on AI and Machine Learning. I think this is a good idea to implement at this point. Then, how AI and Machine Learning are e-commerce tech game-changers? I will give a little explanation and opinion on this matter.

What can AI and Machine Learning Do?

I am sure you are wondering how AI and Machine Learning work on an e-commerce site. In fact, many people don't realize that some of the online stores have implemented this technology. How do they use the technology of the future? Here are some examples of powerful ways AI and Machine Learning work on e-commerce.

Chatbots

You may not realize that when you send a message to a chat feature, you are not actually communicating with a real person, but you are talking to a robot. Well, this is a function of AI in the e-commerce industry. The chatbot feature provides fast solutions to customers who encounter problems. Conversations with chatbots are also quite realistic and fast. Some of us may realize that we are chatting with a robot.

Customer Reviews

Most of the online shoppers will read the reviews of a product before they decide to buy it. We may often read reviews of products that are too good to be true. Certainly, these reviews are fake. AI technology may be able to provide a solution for this in which it may assist us to determine real from some fake reviews. Still, you have to consider positive reviews at the top of the list.

Voice Assistant

AI and Machine Learning for voice assistants are now available. For example, we can look at Amazon Alexa, Google Assistant, Cortana, and Siri. Can this also be applied to business e-commerce? Well, this is not impossible. Over the next few years, all eCommerce websites will have a voice assistant feature. It will be helpful and useful for the store owner and the buyers. Buyers will get a reminder to buy things based on the recommendation.

In summary, AI and Machine Learning could change the way we sell online and shop in the future. However, artificial intelligence technology still cannot replace human functions. When AI is applied, humans still have to be beside it.