“Customers who are in the $400 to $700 range, they close the least. Anybody over $700, they're closing. Anybody under $400, they're closing.”

Filthy Rich Cleaners: The Cleaning Business Podcast · #183: Rebecca Emberson on Vacation Rentals, Party Houses, & Saying No

Play from 58:37
58:37

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What was described

Loaded estimate data into AI to discover price-range patterns in close rates

$400-$700 range closes least; >$700 and <$400 close better

Said nearby on the same subject

“You can't load it to general and artificial intelligence that doesn't have sufficient confidentiality restrictions in it”
♫
Said on Bloomberg Law
Why it worked Share this moment
“Some are extending the data loss prevention tools they already have for email to also watch for sensitive patterns. Social security numbers, case numbers, that are heading specifically toward AI domains.”
BT
Brian Tam
Public Risk Management ·
“If they talk 30% of the time, you’re going to have a 30% close rate… if they talk 70% of the time, you’ll have a 70% close rate”
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Chris Smith
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Hard number 30% talk → ~30% close rate; 70% talk → ~70% close rate Share this moment
“‘…embedded evaluators to go into companies, try to collect this data and come out with an estimate of the returns of research effort.’”
AC
Alan Chan
"The Cognitive Revolution" ·
Why it worked Share this moment

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