SharpenCX

FEBRUARY 24, 2023

A study by Walker found that 80% of consumers expected personalized customer service from businesses across all sectors – and they’re willing to pay more for it, too. In today’s digital age, you can no longer afford NOT to provide personalized experiences for your customers. Banks and credit unions are no exception here.

Banking 76

Banking Personalization Customer Experience Chatbots 76

ShepHyken

JANUARY 14, 2024

Each week, I read many customer service and customer experience articles from various resources. Based on this article and a Qualtrics study, this may be true, but some industries, such as consumer payment companies (Venmo and Square) and banks, have gained consumer trust. Here are my top five picks from last week.

Customer Service 137

Customer Service Best practices Metrics Banking 137

PeopleMetrics

NOVEMBER 1, 2022

Customers evaluate the businesses they interact with everyday on a variety of factors, including price, quality, and the overall customer experience. Creating a positive customer experience (CX) is for all types of businesses, including essential services like banking. What do customers expect from banks?

Banking 62

Banking Customer Experience Chatbots Accountability 62

Beyond Philosophy

NOVEMBER 4, 2018

However, there are six areas that every business can address in their experience to make it more convenient for all customers, no matter how they define it. We discussed these six areas for making your experience convenient with Shep Hyken, customer service and experience expert in our recent podcast.

Customer Experience 405

Customer Experience Banking Transportation Entertainment 405

ShepHyken

DECEMBER 24, 2021

How to Establish PCI Compliance . Maintain an Information Security Policy: Keep your entire team on the same page with a detailed policy on how to handle customer data. . From unhappy employees to careless agents to hackers, there are many ways your customer data can fall into the wrong hands. Both need protection. .

Call Center 307

Call Center outsourcing Banking Education 307

CSM Magazine

APRIL 17, 2024

Victor Obando, VP of Customer Solutions, ActivTrak Earlier this year the World Bank predicted the global economy would slow for a third straight year in 2024. This requires lower-tier customer service professionals to be enabled and empowered to step up when needed.

Customer Service 59

Customer Service Scripts Banking Analytics 59

ShepHyken

NOVEMBER 14, 2022

Each week, I read many customer service and customer experience articles from various resources. Partnering in Complex Times: Turning to the Experts for Best-In-Class Customer Experience by Harvard Business Review. See how they’re shaking things up in this digital-first world. Follow on Twitter: @Hyken.

Customer Service 173

Customer Service Banking Customer effort Marketing 173

ProProfs Blog

DECEMBER 22, 2019

But, with the overwhelming consumer demands and customer expectations, you cannot afford to negate the importance of satisfactory customer services. . Increasing customer retention rates by 5% boost profits by 25% to 95%. Let’s start with clarity about the meaning of Proactive Customer Service. .

Customer Service 152

Customer Service Customer retention Feedback Airlines 152

TeleDirect

APRIL 6, 2023

Learn how to provide great customer service in hospitals and healthcare with our guide. Discover the importance of great customer service and how it can improve healthcare outcomes. Poor customer service can lead to miscommunication, mistrust, and traumatic experiences for patients and their families.

Healthcare 62

Healthcare Customer Service outsourcing Call Center 62

Help Scout

JULY 13, 2021

Sometimes the customer service teams who are supposed to be solving problems somehow manage to make them so much worse instead. Running from responsibility The root of many terrible customer experiences is a company that is happy to collect money from a transaction but not to accept responsibility when things go wrong.

Customer Service 136

Customer Service Scripts Chatbots Airlines 136

Inbenta

APRIL 10, 2024

How Banks Can Leverage AI to Improve Self-Service, NPS and Customer Experience at Scale When customers think about their banking relationships, what do they prioritize? It turn out quality customer service ranks higher than most other priorities, including branch locations or sign-up bonuses.

Banking 52

Banking Self service Chatbots Customer Service 52

Ameyo

JULY 19, 2018

We recently had an interesting discussion with a Customer Service Head of one of the leading banks in Africa, about how banking experience can be improved by empowering customer service agents with the right access to the backend applications for resolving customer queries efficiently.

Banking 45

Banking Contact Center Customer Service Accountability 45

ShepHyken

AUGUST 12, 2022

This week we feature an article by Soumya Juttukonda, a content developer & digital media strategist at Knowmax , an AI enterprise knowledge base solution to enhance customer service. She shares how you can reduce customer support tickets and enhance customer experience. Map the customer journey.

Customer Support 173

Customer Support Self service Journey mapping Wait times 173

Bill Quiseng

JANUARY 25, 2023

In retail customer service, your people are NOT your most important assets. Ultimately, success in retail customer service is all about interpersonal skills. Ultimately, success in retail customer service is all about interpersonal skills. Not too long ago there was no direct deposit or internet banking.

Customer Service 103

Customer Service Banking Education Personalization 103

Integrity Solutions

NOVEMBER 22, 2022

With employee turnover one of the most serious internal threats credit unions and banks face today, many forward-thinking financial institutions are taking a hard look at their organizations culture and opportunities to change. Identifying and communicating the desired culture is only the beginning.

Employee engagement 79

Employee engagement Banking Coaching Personalization 79

Interactions

DECEMBER 2, 2021

The way customers interact with business has changed too, including those in the financial industry. Online banking surged in 2020, with 76% of US adults logging in via their computer at least once a month to manage their finances. This pattern of self service banking is one that seems set to stay. Personalization.

Banking 62

Banking Finance Contact Center Interactive Voice Response 62

ShepHyken

JANUARY 23, 2024

This happens at my car dealership, bank, and other supposed customer-focused organizations. Their processes bog the customer down with repetitive tasks and often unnecessary procedures. And if you don’t know how to program something like that, just ask ChatGPT! And this isn’t just a rant about medical forms.

Banking 212

Banking Customer Service Customer Experience 212

ShepHyken

FEBRUARY 26, 2023

Each week, I read many customer service and customer experience articles from various resources. 8 Ways to Enhance Your Call Center Customer Experience by Eric Sims (CustomerThink) In today’s business landscape, providing an exceptional customer experience is essential to the success of any company.

Customer Service 156

Customer Service Call Center Customer retention Banking 156

Toister Performance Solutions

SEPTEMBER 3, 2020

Advertising disclosure: This blog participates in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means to earn fees by linking to Amazon and affiliated sites. There's another way to put on a welcoming face for customers: the smize. Your smile is hard to see if you are wearing a mask.

Banking 121

Banking Advertising Personalization Customer Service 121

CSM Magazine

OCTOBER 4, 2022

Across the globe, banks continue to face new challenges. The need to keep customers feeling supported and happy while ensuring they remain loyal remains a constant and critical goal for the banking sector. Average NPS ratings are also lower than pre-pandemic levels with the goodwill afforded to banks during this time ending.

Banking 52

Banking Customer Experience Benchmark Finance 52

CSM Magazine

OCTOBER 4, 2023

Hamish Sherlock of Applause , explains how to build a next-generation loyalty scheme. For centuries, merchants have been offering special tokens that repeat customers could redeem for goods. Today, stamps, vouchers and coupons have mostly been replaced by apps and digital methods of tracking customer engagement.

Airlines 59

Airlines Banking Transportation Consulting 59

CSM Magazine

MARCH 3, 2022

A key to retaining your existing business, growing your brand, and attracting new business is keeping your customers happy. Brian Tuite of Zenarate reveals new technologies that will help improve customer service. Customer service agents are a company’s most important asset to keeping customers pleased.

Customer Service 94

Customer Service Banking First call resolution Best practices 94

Beyond Philosophy

NOVEMBER 4, 2018

However, there are six areas that every business can address in their experience to make it more convenient for all customers, no matter how they define it. We discussed these six areas for making your experience convenient with Shep Hyken, customer service and experience expert in our recent podcast.

Customer Experience 188

Customer Experience Banking Transportation Entertainment 188

TeamSupport

MAY 31, 2023

Chatbots are fast becoming part of the digital core of tech tools that companies utilize as a secret weapon to increase their competitive advantage in the customer service arena. Today’s chatbots are more focused on enhancing the customer experience by offering immediate answers to common challenges.

Chatbots 98

Chatbots Customer Service Healthcare Banking 98

TeamSupport

FEBRUARY 12, 2024

However, it's a crucial decision that can significantly impact the success of your customer service department and, consequently, your business at large. Here are some tips from our TeamSupport experts on how to choose the solution that fulfills your requirements without breaking the bank.

Customer Support 52

Customer Support Banking Analytics Customer Service 52

Fonolo

OCTOBER 30, 2018

These days, customers are savvier than ever. Thanks to social media platforms, customers wield more power than ever before. Surprise and Shout-Out to Customers. One great way to show the world how committed you are to your customers is to document the ways in which you go above and beyond for them.

Marketing 164

Marketing Customer Service Advertising Call Center 164

Certified Languages International

MARCH 3, 2023

You’ll want to let your LEP customers know you provide professional interpreters, and train your staff on how to access them. In order to notify their customers that they provide free interpreting services, they needed our help customizing and sending materials to all 4,500+ locations across the country.

Banking 52

Banking Advertising Healthcare Feedback 52

Integrity Solutions

AUGUST 19, 2019

In a complex, highly competitive marketplace, bank leaders and managers who make it a priority to create a culture that is built around understanding what the customer needs and values—and the mindset necessary to deliver on it—will have the advantage. The Rise of Technology in Banking: A Double-Edged Sword. By Donna Horrigan.

Banking 48

Banking Customer centricity Technology Customer Experience 48

Bill Quiseng

FEBRUARY 1, 2016

This was originally published as a guest post on Shep Hyken’s customer service blog. . Banks have replaced tellers with ATM’s, direct deposit and internet banking. But in this technological evolution, too many companies are confusing customer services with customer service.

Customer Service 119

Customer Service Banking Education Self service 119

CSM Magazine

JUNE 14, 2021

Amazon is the biggest international e-commerce platform that offers consumer electronics, digital content, computing services and more. The retail giant is also known for its quick delivery times and amazing customer service. It’s clear that Amazon is a company that takes its customers seriously. A bank account.

Customer Service 52

Customer Service Banking Advertising Accountability 52

Infinity

DECEMBER 11, 2019

The banking industry is far from exempt from new consumer expectations. Banks and other financial institutions are having to adapt at a rapid pace. Like all other businesses, customers expect to be able to access digital services. Banking & The Customer Relationship. Customer Engagement & Retention.

Banking 52

Banking Finance Analytics Accountability 52

Call Center Weekly

MAY 31, 2018

Some years ago, I read a customer service article that resonated with me so much that I carry the concept with me as one of my core service truths. In fact, it has turned into the first question I ask in the initial meeting I hold with a new team, as it helps begin to establish our customer service strategy.

Customer Service 136

Customer Service Banking Feedback Surveys 136

Beyond Philosophy

JUNE 2, 2016

People waiting for a Harry Potter ride walk through Gringott’s bank and can see talking goblins. Another point raised at the SXSW talk was the importance of empowering employees to do what’s necessary to make customers happy. The post Happy Customers: How To Get Them! Empowering Employees. appeared first on.

Consulting 283

Consulting Consulting Banking Customer Experience 283

TeamSupport

JANUARY 25, 2024

However, it's a crucial decision that can significantly impact the success of your customer service department and, consequently, your business at large. Here are some tips from our TeamSupport experts on how to choose the solution that fulfills your requirements without breaking the bank.

Customer Support 52

Customer Support Banking Analytics Customer Service 52

Method:CRM

APRIL 11, 2023

A Xero customer portal is a great way to reap benefits like fast payment processing, which are sure to keep customers coming back. In this article, you’ll learn all the benefits of a Xero customer portal. You’ll also get a step-by-step walk-through on how to create a Xero customer portal. Let’s get started!

Banking 94

Banking Wait times Accountability CRM 94