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5 Top Customer Service Articles of the Week 10-25-2021

Shep Hyken

Read this article and learn more about what customers expect. 4 Ways Chatbots Can Fail at Customer Experience by Phil Britt. CMSWire) Chatbots continue to handle an increasing amount of customer support and other B2C and B2B interactions. Reports and Data expect the global chatbot market to reach $10.08

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Why customer engagement is the key to business growth in 2022 and beyond

Intercom, Inc.

But although customers expect to receive excellent service from companies, the gap between their expectations and reality is stark. Last year, we found that while 73% of support leaders say that customer expectations are increasing, only 42% believe that they’re meeting those expectations.

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Industry Report: State of the Contact Center 2022

Fonolo

The global contact center industry was valued at approximately $339 billion in 2020, and is expected to reach $496 billion by 2027! Experts predict that the contact center software market share is expected to reach $75 billion USD by 2026, a value almost triple its 2020 value.

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Customer Service Business Process Outsourcing: Save Time and Money

CSAT.AI

Your customers don’t want to break out in a sweat over service either. billion between 2022 and 2026. The importance of a solid customer service strategy during expansion can’t be understated. Rapid changes in customer expectations, staffing shortages and inflation costs have made outsourcing an attractive option.

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Evolution of Customer Experience in E-Commerce 2023

Lumoa

Companies should aim to meet their customersexpectations by continuing to fine-tune their customer experience (CX) programs. Here are the CX trends you can expect to see in 2023 and how to keep your e-commerce business on track with the evolution of CX. Chatbot Customer Support. trillion by 2025.

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The AI Advantage: Top 4 Benefits of AI in Customer Service You Should Know

Comm100

There’s no question that the use of AI in customer service is on the rise. It’s estimated that by 2026, 1 in 10 agent interactions will be automated , saving $80 billion in labor costs. Predictions on market growth vary, but one study shows an expected compound annual growth rate in AI of 37.3% from 2023 to 2030.

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5 Ways to leverage eCommerce Contact Center Software to improve CX

Hodusoft

With greater internet accessibility and drastic change in customer behavior, the age of e-commerce began and continues to grow. According to Statista , the e-commerce sales figure is expected to reach 8.1 trillion USD by 2026. An estimated 66% of customers actively use three or more channels to reach out to a business.