In the realm of contact center management, navigating customer frustrations is a daily affair. Each day presents a new set of challenges – resolving issues, lending a sympathetic ear, and rectifying errors. Amidst this whirlwind of activity, a stark reality emerges: customers despise the repetition of their grievances. It’s akin to being trapped in an endless loop of frustration, topping the charts as the number one customer service complaint for 79% of consumers¹.
Mitigating tensions while addressing problems can seem like an insurmountable task, particularly when dealing with already irate customers. In this exploration, part of our ongoing ‘Customer Experience Optimization’ series, we delve into some of the most significant hurdles in customer service and unveil how conversational AI can provide effective solutions, drawing insights from our latest Customer Experience (CX) Benchmark report.
I’m so tired of having to repeat myself again and again.
Does this refrain sound familiar? Nobody relishes the idea of constantly reiterating their concerns, except perhaps your neighbor who can’t stop boasting about their new car. However, it appears that customer support systems haven’t received the memo.
Highlighted as the “biggest customer service frustration” by respondents of the CX Benchmark Report, this grievance transcends industries, genders, and generations. Why does it elicit such ire? It imparts a sense that their time isn’t valued by the company, often occurring during transitions between agents or from digital assistants to live representatives.
Furthermore, most traditional systems falter in seamlessly transferring information during interactions, compounding the issue.
How can this cycle of repetition be broken?
Renowned customer service keynote speaker Shep Hyken once remarked, “If time is money, and it is, then that wasted time over a number of calls can add up to a big number.” Just how significant is this ‘big number’? Consider it to be $75 billion in lost business attributed to subpar customer service. Thus, wasting both your money and your customer’s time is a costly affair.
However, this challenge isn’t insurmountable, especially when considering AI-powered customer service solutions. It’s imperative for customer service centers to embrace intelligent virtual assistants (IVAs) capable of delivering a seamless experience across channels. Ensuring a smooth handover, crucial to 80% of consumers during a transfer, becomes paramount for customer service centers¹.
This transformative conversational AI technology isn’t just a boon for frontline agents; it equips them with essential information at their fingertips, a necessity for 72% of customers¹.
Avoiding the Waiting Game
Customers, balancing work, family, and myriad other obligations, simply don’t have the luxury of time or patience to endure prolonged hold times. Additionally, two-thirds of consumers prioritize speed in their customer service interactions¹.
Why the rush? On average, American consumers spend 13 hours annually waiting on hold, amounting to an estimated $38 billion in monetary costs. This translates to over one hour and approximately $3.2 billion per month – a staggering sum.
What are the repercussions of subjecting customers to extended hold times? Besides the likelihood of customers abandoning the call, it also signals operational inefficiencies and diminishes trust in the information received. Given that accuracy and trust rank among the top 5 criteria for a successful customer service interaction¹, this poses a significant support challenge.
How can customer hold and wait times be minimized?
Ideally, the eradication of hold times altogether would be the optimal solution. For contact centers grappling with high call volumes and frequent instances of placing callers on hold, adopting conversational AI-powered virtual assistance emerges as a viable remedy.
Customers yearn for swift and seamless issue resolution, underscoring the significance of Intelligent Virtual Assistants (IVAs). With round-the-clock support, reductions in wait times within 30 days, and enhanced speed and efficiency in the support process, IVAs are fast gaining traction.
Embracing Multichannel Communication
In today’s digital age, customers seek engagement on their preferred channels while maintaining contextual consistency across interactions. By encompassing various channels such as social media, web, text, and voice, organizations can foster a deeper connection with customers and afford them greater flexibility. Additionally, this approach serves to alleviate high call volumes.
Ensuring Smooth Chatbot-Live Agent Transfers
While there’s a natural inclination to converse with a live agent, it’s essential to ensure that automated customer service systems facilitate seamless transitions. Interestingly, 66% of people prefer obtaining order statuses within 30 seconds from an automated assistant, rather than enduring a 3-minute wait for a live agent¹. This highlights the need for AI-powered customer service that intelligently determines when to transfer to a live agent, aligning with customer expectations.
Conclusion: Elevating Customer Experiences with AI-Powered Support
Enhancing customer experiences hinges on addressing their frustrations and aligning with their expectations. By adopting a proactive approach to customer experience, organizations can effectively tackle complex issues and develop robust strategies for addressing future challenges.
Ready to bridge the experience gap with AI-native Automation? Book a consultation with us today.