Customer Service

6 Advanced Metrics for Measuring the Success of a Customer-Centric Business Model

Many companies measure operational health by evaluating the productivity of their customer support teams. They track the number of emails sent, product demos booked, and tickets closed, focusing on the sheer volume of tasks completed. 

These activities are crucial for determining whether employees are performing well, but they only tell part of the story. To truly understand the impact on customer satisfaction and long-term success, companies must look beyond these metrics and measure the quality of customer relationships.

Unleashing Efficiency: The Impact of AI-Powered Customer Service Solutions

As the Artificial Intelligence (AI) age evolves, customer service methods are also progressing at exponential rates. The era of wait times and generic responses from call center agents is going by the wayside. In today’s world, AI powered businesses tools are transforming the support process by providing tailored, efficient and scalable solutions that surpass bygone era methods. This change in customer service methodology marks a new and exciting chapter in AI-driven support services that deliver exceptional operational assistance while also ensuring customer satisfaction.

Key Trends of Customer Satisfaction and Experience

The latest trends show that consumer preferences change continuously. Following them means you are paying attention to their needs and the latest technologies involved in customer experience. Use the key trends to differentiate your brand and take your customer service experience to another level. Doing so will enable you to become an expert and leader in your industry.

1. Empowering Customers With Self-Service

Self-service changes customers’ shopping experience by empowering them to manage certain aspects of their buying journey. One example is self-dispense systems in grocery stores. 

8 Metrics to Measure and Improve Customer Experience Optimization

Customer experience is tricky, but you can clear the way to success with the right metrics. Zero in on the essentials — like customer satisfaction and churn rates — to discover how likely buyers are to return or spread the word about your business. By understanding these key performance indicators (KPIs), you can find key strategies to take your customer experience to the next level.

9 Actionable Strategies to Build an Effective Customer Journey Map

What is a Customer Journey Map?

The customer journey map helps organizations gain insight into where customers may face an obstacle, less satisfaction, misunderstandings, and other issues. It is a visual representation of various customer experiences and actions they take toward a business. With the help of this visual element, companies as well as startups can track the exact customer process for themselves and take the necessary steps to make better changes. It is a great way to connect with audience groups as it can help startups’ longevity and revenue.

Rising anxiety amongst homebuyers as banks fail to meet customer call needs

London, 7 November 2022 - Infinity, the global call intelligence and speech analytics platform, can today reveal that it has seen a significant spike in calls to financial service institution using its platform in relation to UK interest rates soaring.

During the week of 25th September, following Kwasi Kwarteng’s mini budget, Infinity’s data shows there was a 20% increase in calls from anxious customers looking for vital information about their finances.

Why Data Transparency Leads to Stronger Customer Experience

Customer data is necessary for small businesses. It helps them understand customer wants and needs and how they interact with brands. In a world where competition is high, companies can leverage data to stand out more and create impactful experiences for customers.

Customer experience has always been the go-to strategy for businesses, and for good reasons. In a study by PwC, researchers found that 42% of consumers are willing to pay more for a better experience. 

Half of customer service calls fail due to contact center background noise

London, UK; 26th September 2022: Almost half of customer service calls are abandoned due to contact center background noise, with 42% hanging up immediately when they detect the noise.

That’s according to the team behind IRIS Clarity, the AI-powered voice isolation app, which surveyed 1,000 consumers across the UK and US around their interactions with contact centers. The results are compounded by the fact that while all respondents indicated they use voice channels in some way for their customer service inquiries, more than half (54%) said they only use it for critical issues — making voice a premium that is demonstrably failing to deliver.

5 Technologies to Boost Your Customer Experience

The thing that makes you stand out from competitors is the experience you provide your customers. Fortunately, more and more technology is making it easier than ever before to offer a positive customer experience (CX) to your clients. You don’t have to reinvent the wheel. 

Simply tap into the power of new advances in big tech. Some tech products may be fairly expensive when they first release but drop in price later. Know your budget limits for new items and wait for a deal before adopting them.