Tue.Jan 28, 2020

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What is Customer Retention Management and Why Does it Matter?

Totango

As the economy grows increasingly customer-centric, customer retention becomes more vital to the success of enterprises. Repeat customers provide greater value at a lower cost than those who buy something once and leave. This means that good customer retention management is necessary for maximizing financial growth, minimizing wasted resources, and optimizing the customer experience.

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Top Metrics to Make Your Call Center a Success

CSM Magazine

Any type of large enterprise or organization knows the inherent value a virtual call center brings to their business. These centers work a myriad of magic on an hourly basis — everything from handling your customers’ urgent needs to offering direct interaction for a caller with a more complex query that might not be easily solved with an automated solution.

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Amazing Business Radio: Bob Chapman

ShepHyken

Employees Matter. Care for Your Employees and They Will Care for Their Customers. Shep Hyken interviews Bob Chapman. They discuss his leadership philosophies and approach to creating a “truly human” culture of caring. Top Takeaways: You don’t need to have an out-of-the-ordinary or “exceptional” background to do exceptional things in business and your life.

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The Contact Center Trends to Watch Out for in 2020

Contact Center Pipeline

When invited to compile this list of customer service trends for 2020, naturally the first thing I did was look back at all of the predictions made the previous year. The influence of AI in the contact center was strongly touted, but in 2020 (after a number of false starts), artificial intelligence will finally start […].

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The 2023 Verint Experience Index: Retail

Reports of the death of in-store shopping have been greatly exaggerated. This year’s retail survey found that more than 60 percent of consumers start and end their journey by visiting a store. Retail customers value price above everything, but the importance of other factors varies for different brands. In-store shopping is valued highly by grocery and home improvement customers Technology retail customers place less importance on in-store experiences – for them it only ranks sixth Digital exper

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No Fault Found Returns: a Supermassive Black Hole for Retailers

TechSee

Black Friday is a day that retailers wait for all year, and 2019 was no different. Digital sales for the retail holiday increased nearly 20 percent last year, reaching $7.4 billion across the 4,500 retail websites tracked by Adobe Analytics. Consumers also found their way into brick-and-mortar locations much more often, with many having opted to buy online and pick up in-store (BOPIS).

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Why Phone Skills Are in High Demand

Toister Performance Solutions

Vinyl records, fanny packs, and the phone are all making a comeback. When I started working in the catalog industry nearly 25 years ago, people would call and ask to be sent a catalog. It was a simple call that was easy for a customer service rep to handle quickly. Today, that catalog is online and nobody needs to call for it. The order gets placed online as well, eliminating the need for phone order takers.

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How to Create a Better Customer Service Job Description

Nicereply

Well-written job description goes a long way toward positioning your organization as a great place to work and toward drawing in high caliber applicants. Many customer service leaders don’t enjoy writing job descriptions. And who can blame them? Creating job descriptions can be time-consuming, and oftentimes the end result doesn’t feel like something to be proud of.

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What is Customer Retention Management and Why Does it Matter?

Totango

As the economy grows increasingly customer-centric, customer retention becomes more vital to the success of enterprises. Repeat customers provide greater value at a lower cost than those who buy something once and leave. This means that good customer retention management is necessary for maximizing financial growth, minimizing wasted resources, and optimizing the customer experience.

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4 Ways to Prepare Your Customer Service Teams for AI Disruption

Customers That Stick

It’s no secret that artificial intelligence is already starting to impact customer service. This impact is certainly to grow immensely in size in the coming years. Employees in many customer service roles are beginning to wonder whether they will lose their job to a robot, whether or not their role will be replaced. There is a great deal of fear and uncertainty out there and it is incumbent on customer experience leaders to help guide their teams and try to allay these fears as much as pos

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Strategic CX: A Deep Dive into Voice of the Customer Insights for Clarity

Speaker: Nicholas Zeisler, CX Strategist & Fractional CXO

The first step in a successful Customer Experience endeavor (or for that matter, any business proposition) is to find out what’s wrong. If you can’t identify it, you can’t fix it! 💡 That’s where the Voice of the Customer (VoC) comes in. Today, far too many brands do VoC simply because that’s what they think they’re supposed to do; that’s what all their competitors do.

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Don’t Implement a VRI Solution without Considering Your Infrastructure

Certified Languages International

Implementing a VRI solution in a healthcare system can be hectic. You’re fielding questions from end users and trying to coordinate training schedules, all while managing expectations from key stakeholders. It’s enough, even under the best of circumstances, to spike your cortisol levels. But before you can even put your implementation strategy into action, there is a lot of careful consideration that must happen in the early stages of planning in order to avoid a headache later on.

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Expansion in the Stages of Business Growth: Are You Ready?

VirtualPBX

All models of the stages of business growth eventually discuss the topic of expansion. This is exactly what it sounds like: the point where your business has established itself in a market and is primed to increase its reach. It’s a point where you might decide to add more employees, seek more revenue by finding other markets to expand into, or add another office across town.

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Fonolo Saves Consumers 28 Million Minutes of Hold Time

Fonolo

Many will look at 2019 as a mixed year, one of both wins and losses, and lots of little changes – almost all of them for the better. But all those little changes add up to something bigger, and it’s easy to forget how far you can leap in a year. We did the math this month, and the results are in: We saved North American consumers from more than 53 years of hold time in 2019.

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5 Strategies to Improve Customer Retention With Social Media

GetFeedback

In this article we are going to talk about how to use social media to attract and retain customers via 5 proven-to-work strategies.

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The Open CCaaS Advantage Report

Over the next 12 months, what do you think will have the biggest impact on your CX automation efforts? When asked the same question, only 10% of CX leaders surveyed by Verint chose telephony. It’s no longer the engagement channel leading CCaaS conversations. The customer engagement challenges facing organizations have changed – so a new approach is needed.

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The Road to Deploying a Call Center System Doesn’t Have to be Bumpy: 4 Essential Steps Toward a Smoother Transition with New Tech

SharpenCX

Business is all about competition. Today, the big player in that competition is customer experience. A survey by Harris Interactive found that a quarter of U.S. adults don’t feel loyalty toward any type of brand. And, 56% of those surveyed said they’d be at least somewhat likely to switch brands based on new customer service options. That’s significant – it means people now decide to do business with you (or not) because of your customer service.

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AI in Hiring Gets Companies More Talent, Faster

Alorica

The use of machine learning and AI in hiring remains limited despite great potential. Companies have been hesitant to embrace the technology but are increasingly seeking ways in which AI can improve their recruitment and retention in a competitive job market. A recent HR.com survey identified locating, acquiring and keeping candidates as major challenges in the hiring and retention process.

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Aspect Education Services: Increase Your Knowledge, Get Certified

Aspect

A strong educational pillar is key to operating a successful business. In fact, studies show training can increase retention of existing employees by as much as 70%. Training can help keep your employees in the know with new technology and best practices, ultimately improving customer satisfaction. Aspect offers a full range of online, classroom and computer-based courses.

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Surveys and Interaction Analytics: The Perfect Voice of the Customer Pair

NICE inContact

One of the most important and fundamental pieces of a voice of the customer program is implementing a solution for your customers to provide unbiased feedback through surveys. But, if you want to get a complete view on how to improve your customer experience, you need to combine direct and indirect customer feedback to see the full picture.

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The Truth About Customer Journey Mapping

Speaker: Dave Seaton, CEO of Seaton CX

Is Customer Journey Mapping a tired fad from 2013? Or a critical tool for sparking customer-centric change? 💥 The answer lies not in the map itself, but in the mapping process. When crafted with precision and insight, journey maps emerge as powerful catalysts, transforming customer experiences and steering businesses towards profitable growth.

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If You Don’t Ask, The Answer is Always No

ChurnZero

If You Don’t Ask, the Answer is Always No. Author: Emily Nesterick. Too often you plateau before you ever peak due to the fear of hearing ‘no.’. This fear cripples your personal and professional potential. It holds you back from achieving your goals. It harbors you in the safe space of passive inaction. . And worst of all, it gives you an excuse for complacency.

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Winning Customers in Today’s Competitive and Customer-Centric World

Strikedeck

Vincent Manlapaz, in an interview, Bharath Yadla, Vice President at Workato talks about the importance of delivering differentiated customer experiences and understanding each customer interaction.

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My Enterprise Connect Talk on Enterprise Speech - 2 Previews - Article and Podcast

Jon Arnold

Well, the multimedia stars lined up this time around, so I have two previews to share here. Enterprise Connect is about two months out - but it already feels near - and I’ll be doing another iteration of my update on speech technology in the enterprise on Day 1 - Monday, March 30, bright and early at 8 am. To get a better sense of what I’ll be talking about - and why you might want to attend - my preview post is running now on No Jitter.

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How to Lead Your Industry in the Era of Rapid Change

ConvergeOne

It’s no secret that CEOs desire to lead their industry with the help of digital transformation. According to Gartner’s 2018 CEO Survey , 78% of CEOs believe that their companies are either industry pioneers or fast followers. In order to maintain the pioneer title, CEOs are looking to their CIOs and IT departments to continually drive transformation efforts that bring immediate value to the business.

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Contact Center Dialers Demystified

Dive into the realm of contact center dialers with our infographic! Explore the various types – Preview, Predictive, Automatic, and Progressive Dialers – and unravel their roles in boosting call center performance.

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Own Your Privacy: 4 tips to keep your customer’s data safe

Talkdesk

Data Privacy Day 2020. Talkdesk joins StaySafeOnline to commemorate Data Privacy Day , on January 28, under the motto: Own Your Privacy. Recognized as a Data Privacy Day 2020 Champion , Talkdesk supports this international effort to empower individuals and encourage businesses to respect privacy, safeguard data and enable trust. As a Champion, Talkdesk lives by the principles that all organizations share the responsibility of being conscientious stewards of personal information and that security

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5 Outbound Calling Best Practices to Improve Connection Rates

Arbeit

The act of making a phone call isn’t enough to reach someone in 2020 - there needs to be a strong strategy behind it. People have become numb to the influx of spam and telemarketer calls they’ve received in recent years, causing connection rates to plummet. It’s more likely than ever before that the person you’re trying to reach will let your call go to voicemail without a second thought.

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A New Recipe for CX Success with Auntie Anne’s

inmoment

Not many of us can resist the enticing and familiar waft of a fresh batch of Auntie Anne’s pretzels. But no matter how phenomenal a product is, there’s always room for a business to take its customer experience (CX) to the next level—and that’s why InMoment stepped into Auntie Anne’s kitchen to cook up a new CX strategy. . Keep reading to learn how the partnership between InMoment and Auntie Anne’s drove some pretty sweet results for the business. .

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Why Voice Interaction Automation is so hard and how to solve for it

Xaqt

Cognitive IVR , Conversational AI-IVR, Conversational AI Automation, Cognitive Engagement and Natural Language IVR seem to be all the rage lately. And for good reason, there are many benefits to these technologies, yet most of them are still prone to challenges and the different terminology can be confusing. For most purposes, we consider them all basically the same in concept, and we built Cognitive Voice Automation Suite (CVA) to use natural language to engage a customer in an interactive and

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Customer Experience Management: Optimizing Your Strategy for Financial Success

Speaker: Diane Magers, Founder and Chief Experience Officer at Experience Catalysts

In the world of business, connecting the dots from experience to financial impact is an essential skill. Transforming customer engagement, Voice of Customer (VoC) insights, and Journey Maps into tangible financial outcomes poses a significant challenge for most organizations. To gain buy-in from the C-Suite and key stakeholders, it’s crucial to illustrate how Experience Management translates into clear, measurable business results.

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Integrate Dialogflow Bot in React JS Websites

kommunicate

React JS is a popular web framework for creating user interfaces. The Facebook-owned framework is becoming hugely popular among developers. The reason being – Great documentation, developer friendliness and it is faster than most of the similar frameworks such as Angular. In this post, we will be going through step by step procedure of integrating [.].

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How to Create Service Standards that Really Work

Up Your Service

Setting service standards is an approach commonly used to create consistent levels of service performance and enhance customer experience. Yet this practice is often disappointing, and at times even counter-productive. Why? Performance and process standards can be useful for compliance and short-term training, but they do not generate the understanding or appetite for long-term improvements in customer experience.

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Keeping an Eye on Your Company’s Security

CSM Magazine

As businesses begin to transfer most of their daily activities onto online networks, the risk of security breaches is skyrocketing. Most company networks have access to a sturdy security system that helps protect from external attacks and infiltration. However, most security systems are helpless against an attack conducted from within the company. Many information leaks that occur to major companies are done from within.