CUSTOMER UPRISING! 8 SIGNS YOU’RE HEADED FOR A CUSTOMER REBELLION To say that customers today wield tremendous power is an understatement. Customers today are armed with ever-rising levels of power and are prepared to retaliate against poor customer service. Fortunately, observing the preferences and behaviors of today’s always-connected, digital consumers yields very helpful insight. We’ve assembled 8 key trends that your organization needs to understand to prevent a customer uprising before it begins! Today’s customer experience leaders should be making every effort to understand these macro-trends in consumer behavior, so they can take the necessary steps to build a customer experience that maps to the clear and specific preferences that customers are demonstrating each and every time they initiate an interaction. 1 When consumers experience poor customer service, it’s the company that ultimately loses. More than half of US online consumers will abandon their online purchase if they cannot find a quick answer to their questions; 69% of online consumers move to another channel when online customer service fails. Source: Transform The Contact Center For Customer Service Excellence, Forrester Research Inc. %@!# ?!% 69% If customers aren’t getting the service that they need they will rebel! This rebellion takes the form of abandonment of online purchase transactions, or escalation to higher-cost support channels. In either scenario, organizations pay heavily for delivering a poor digital customer service. © 2015 IntelliResponse Systems Inc. Customer Uprising | 2 2 Consumers prefer digital self-service. 75% of consumers prefer to use online support if it is reliable and provides accurate and complete information. Source: Coleman Parkes Amdocs Survey 75% 3 Multiple studies show that consumers today prefer to go online and self-serve for answers rather than picking up the phone or sending an email. Customer experience leaders need to recognize that a simple search functionality on your website will not provide the self-service experience that customers want. The key to keeping your customers happy is with leading digital self-service technology (such as Virtual Agents) that provides fast, accurate and complete answers to customer questions online. Live chat will bring customers back to your website. 63% of online consumers said they were more likely to return to a website that offers live chat. Source: Making Proactive Chat Work, Forrester Research Inc. Consumers want their interaction with your organization to be digital, so be sure to give them acceptable options for digital support or risk driving them away. As this stat shows, a great way to provide this support is to provide your customers with easy ways to escalate customer service issues through live chat. You’ll not only improve the experience in the moment, you’ll also give customers the confidence to return to your site in the future. © 2015 IntelliResponse Systems Inc. Customer Uprising | 3 4 Make the live support experience superior with better agent KM tools. Customer service agents often use multiple disconnected applications when resolving a single customer issue. This lack of a standardized discovery process negatively affects agent consistency and productivity. More importantly, the longer call handling times that result have a detrimental impact on customer satisfaction. Source: Transform The Contact Center For Customer Service Excellence, Forrester Research Inc. ? ? 5 ? Don’t let your customers revolt due to inefficient, disorganized knowledge management and ill-equipped live agents. If a customer does need to escalate through the phone channel, have a standardized discovery process in place for agents so the call can be resolved quickly, and turn a potential for rebellion into a CSAT win. ? Mobile is the preferred path to finding answers and information. Mobile search will generate 27.8 billion more queries than desktop search by 2016 Source: BIA/Kelsey Report, 2012 Give your customers the speed and convenience of exceptional virtual agent technology right on their mobile phones. This means providing customers with a means to ask their question in natural language and delivering a single correct answer without cluttering the mobile screen with extraneous information. Your customers want to self-serve in all channels, but the mobile channel is arguably the most important. If you can’t offer your customers the mobile experience they expect be prepared for an uprising! © 2015 IntelliResponse Systems Inc. Customer Uprising | 4 6 Consumers do not want to exert effort when interacting with you. 62% of customers report having to contact companies more than once in order to resolve their issue. Source: The Effortless Experience, Matthew Dixon, Nick Toman and Rick DeLisi Generally, the more effort your customers invest to resolve an issue, the less likely they are to remain loyal to your business. One way you can test this for yourself is to visit your company website and try to find single accurate answers for ten common questions. Can customers ask questions in simple natural language? Or does getting the right answer depend on knowing what search words to use? Is a single, accurate answer always offered? Or do search results turn up multiple possible answers? Is the experience ‘complete’ in the sense that it results in a clear and undeniable resolution? Or is it likely your customers will have to call or email you in order to get what they need? Most organizations are surprised to discover just how much work a customer must exert in order to do business with them. 7 Companies will need to know what customers want ‘Next’ before they do! Immediate resolution will not be fast enough as customers will expect companies to proactively address their current and future needs. Source: Customers 2020 Report Today’s leading digital self-service solutions harness incoming customer questions across all digital channels and organize this data in real time to paint a very clear picture of the questions involved along a particular resolution path. When customers ask a question in your digital channel, they can be served with the next-most-likely question on their purchase path, without having to enter the question. What’s more, customers who ask a question that typically requires a more detailed conversation with a live agent can be immediately presented with the call center phone number and encouraged to call right away. This makes it easier to keep customers in your camp by way of next issue avoidance and full issue resolution. © 2015 IntelliResponse Systems Inc. Customer Uprising | 5 111 1 Key Takeaways for High-Growth Companies 5 REASONS WHY VIRTUAL ARE PERFECTCompanies FOR HIGH-GROWTH COMPANIES Key Takeaways forAGENTS High-Growth Key Takeaways for High-Growth Companies 5 REASONS WHY VIRTUAL AGENTS ARE PERFECT FOR HIGH-GROWTH COMPANIES 5 Getting REASONS VIRTUAL PERFECT sFOR HIGH-GROWTH Perspective onoARE Opportunity Cost : COMPANIES Virtual AWHY gents are the AGENTS fAGENTS uture f customer 5 REASONS WHY VIRTUAL ARE PERFECT ervice. 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Our clients have run their own A/ B tests that conversion rates improve when you provide relevant offers that match the intent of a customers original very clearly informed by the macro-trend of today’s customers being eager to voice Most companies, unaware of the The link between positive customer service experience and a customer’s propensity to buy is clear. Virtual Agents let ‘disgruntled’ web visitors, then the TOTAL population of web visitors you capitalize on the immediate ‘goodwill’ earned in the delivery of the right answer. Our clients have run their own A/ The besttoVirtual Agents have thisyou intent-recognition intelligence built in. RELEVANT open the Bquestion. tests conversion rates improve when provide relevant offers that match the intent of a customers theirthat opinion the companies that serve them. 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RELEVANT offers open the door to conversions. digital lostquestion. revenue potential. self-service enable instant collection ofintelligence pure voice-of-the-customer Calls Not Deflected 16,425 question. The best Virtual Agents have this intent-recognition matching intelligence built offers open the door to conversions. Athat gents Give You Voice of the Customer Insight Like None Omaintain ther. in. RELEVANT Virtual insight can be analyzed for stakeholders in real-time. This helps harmony door to conversions. escalate to higher cost =10% 57,000 in FCR Virtual gents You Voice of t• he 75% Customer Insight Like Nchannels one Other. of the customer than with a There isAno easier,Give faster, or more cost-effective way toImprovement begin building your understanding with your customers because you• can use collected insights to take immediate corrective 17% defect to competitors = 12,920 Number of Calls Avoided 1,643 Virtual A gents G ive Y ou V oice o f t he C ustomer I nsight L ike N one O ther. Virtualis Agent. It’s faster, like employing 24x7 marketway research agent with the to talk toofmillions of customers every There no easier, or more acost-effective to begin building yourcapacity understanding the customer than with a action, and make strategic enhancements to your product service offerings. Virtual gents Give ou of • the Customer Ialtogether nsight Like Nunderstanding one Other. 11% abandon =and 8,360 There isAgent. noA easier, faster, or more cost-effective way to begin building the customer than with a year and report to Y you onVaoice every without leaving outthe ayour single word fromtoa of single conversation. Virtual It’s back like employing 24x7interaction market research agent with capacity to talk millions of customers every There isreport no easier, cost-effective way to begin your understanding of theconversation. customer thanevery with a Virtual Agent. It’sback likefaster, employing a 24x7 market research agentbuilding with capacity talk to millions of customers year and to youoronmore every interaction without leaving out the a single wordtofrom a single Virtual Agent. It’s like employing a 24x7 market research agent with the capacity to talk to millions of customers year and report back to you on every interaction without leaving out a single word from a single conversation. every year Calls and report back100,000 to you on every interaction without leaving out a Website single wordforfrom a single conversation. Customers Who Left Your a Competitor Total 12,920 Customers Who Left Your Website Unsatisfied 8,360 Get a Free, No Obligation Assessment of Your 21,280 Total Dissatisfied Customers Get aWebsite’s Free, No Obligation Assessment of Your Self-Service Performance! Get aWebsite’s Free, No Obligation Assessment of Your Self-Service Performance! Get a Get Free,a No Obligation Assessment ofofYour Free, No Obligation Analysis Based on the calculations in the chart above, for every 100,000Self-Service calls in your call center, you can assume Website’s Performance! Website’s Performance! Website’s Self-Service Performance there were 21,280 customers or prospects onYour your website thatSelf-Service willingly tried to engage in customer service [email protected] 1-866-454-0084 [email protected] with your company, but could not. And the majority of these consumers went immediately to a competitor. [email protected] 1-866-454-0084 [email protected] [email protected] 1-866-454-0084 [email protected] Simply multiply your total annual call volume by 21% to get anofidea of how many web visitorsResearch, left your1-866-454-0084 website [email protected] [email protected] 1-866-454-0084 Compliments IntelliResponse and Forrester Inc. [email protected] disappointed. What would be the revenue upside of deploying a virtual agent and in your digitalResearch, channels Inc. to not Compliments of IntelliResponse Forrester only satisfy the majority of these visitorsTowith instant accurate answers, but also convert a portion of them of IntelliResponse and Forrester Research, Inc. learnCompliments more about taking online self-service Compliments of IntelliResponse and Forrester Research, Inc. into online sales using highly relevant marketing to the nextoffers? level for your customers, visit © 2013 IntelliResponse Systems Inc. © 2013 IntelliResponse Systems Inc. © 2013 IntelliResponse Systems Inc. 2013 2014 IntelliResponseSystems SystemsInc. Inc. ©©2015 IntelliResponse To learn more about taking online self-service towww.IntelliResponse.com the next level for your customers, visit To learn more about taking online self-service Tothe learn taking online self-service www.IntelliResponse.com to nextmore levelabout for your customers, visit to the next level for your customers, visit www.IntelliResponse.com www.IntelliResponse.com THE BUSINESS CASE FOR DIGITAL SELF SERVICE: TOP-LINE REVENUE | 4
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