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Top 5 Customer Service & CX Articles for Week of January 29, 2024

ShepHyken

These companies “achieve 37% more effective new logo acquisition, 23% more effective account penetration, 22% more effective customer retention, and 13% higher earnings before interest, taxes, depreciation, and amortization (EBITDA) margins.” Anger over poor service and shoddy products has even led some customers to plot revenge.

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Conversational AI: New-Age Solution For E-commerce

JustCall

billion by 2024. Conversational AI for eCommerce further aids in customer retention in the following ways: Transactional messages from Virtual Assistants facilitate ongoing conversations throughout the purchase and post-purchase journey.

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DMG Consulting Releases 2020 – 2021 Interaction Analytics Product and Market Report

DMG Consulting

For these reasons, DMG projects that the growth rate of IA, based on seats, will be 11% in 2020 and 2021 and 10% in each of the following 3 years, 2022 – 2024. For more information, visit www.dmgconsult.com. # # #.

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5 Evolving Contact Center Technologies and Where the Next Year Will Take Them

BlueOcean

The most recent publication from Ryan Strategic Advisory surveyed contact center leaders about the state of the industry. Simply request pricing for our outsourced customer care solution. billion by 2024. We dug into their sentiments and expectations about the future of five key contact center technologies.

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DMG Consulting Releases 2020 – 2021 Workforce Management Product and Market Report

DMG Consulting

Due to the high demand for more intelligent (and, in the future, AI-enabled) contact center WFM solutions, and because of the currently limited interest in back-office and branch solutions, DMG estimates that revenue from the WFM market will increase by 10% in 2020, 11% in 2021 and 2022, and 12% in 2023 and 2024.

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DMG Consulting Releases 2019 Robotic Process Automation Product and Market Report

DMG Consulting

DMG expects RPA revenue to increase by at least 125% in 2020 and 2021, and 100% in each of the three years 2022, 2023 and 2024. For more information, visit www.dmgconsult.com. # # #.

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E-commerce Statistics You Should Know in 2021

JivoChat

by the end of 2024. Retailers should pay closer attention to the customer’s experience and implement technologies that help show users how they can track their orders, because 67% of consumers want to know where their order is , from the moment they make their purchase until they receive it. Consumers want an immediate response.

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