Wed.Mar 06, 2024

article thumbnail

29 examples of AI use in data analytics

Callminer

ChatGPT and generative AI have captured the attention of individuals and organizations alike. This blog explores the use of AI in data analytics to process, analyze, and derive insights.

AI 182
article thumbnail

The Advantages and Disadvantages of Live Chat Support

Comm100

The immediacy and convenience of live chat has catapulted the technology into a go-to support channel for consumers and an essential tool for businesses. Gone are the days when customers could only get slow and often frustrating support via email or phone. And far gone are the days when agents had little to no information about the customer they were speaking to and were restricted to serving one user at a time.

AI 94
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Great Post Office Scandal

The Squawk Point

A Case Study of a Dysfunctional Culture Nick Wallis writes a story that should be a work of science fiction. Like Jurassic Park, he takes a ridiculous premise but then plays the idea through in a totally believable way. Nobody could recreate the dinosaurs, but good fiction takes a bizarre proposition and makes the outcome plausible. Likewise, no Chief Executive would allow her organisation to wrongfully prosecute and imprison innocent contractors and employees.

article thumbnail

Decision Science Explains the Power of Strong Brands

Customer Think

Marketers have long argued that a strong brand can induce customers to pay premium prices, increase customer loyalty, and drive growth. But until recently, it’s been difficult for marketers to explain exactly why and how a strong brand produces these results.

article thumbnail

The Pragmatic Path to Composability: Adapting to the Future through Modularity

Speaker: Jason Cottrell

Brands used to look for a vendor who could do everything. Over time, one vendor was no longer enough to meet a brand’s needs, and they added, added and added. Now they need all their vendors to work well together. That’s composable, and only some will make the cut. As customers — and your board — expect you to be in new channels and to rapidly adapt to shifts in the market, the need for true composability is more crucial than ever before.

article thumbnail

146: No Dreams Left Behind

The DiJulius Group

When a child’s future seems etched by adversity, the power of a dream can be revolutionary. On this episode of The Customer Service Revolution, JKatie Eichenauer of Believe in Dreams joins John. We unwrap the emotions of transforming childhood trauma into triumph. Their discussion ventures into the stories of children rising above their circumstances, revealing.

article thumbnail

Harnessing the Power of Customer Feedback to Win Hearts and Cultivate Loyalty

Customer Think

Difficult customers! Every business has them, and no one likes to get customer feedback that is challenging to handle. So what’s the secret to turning difficult customers into loyal advocates?

More Trending

article thumbnail

Talkdesk Unveils Talkdesk Autopilot, a Generative Artificial Intelligence Customer Service Experience with New Self-Service Use Cases for Banks and Retailers

Customer Think

Automations powered by generative artificial intelligence dramatically improve the customer experience of everyday banking and retail interactions while reducing the burden on strapped customer service teams

article thumbnail

Forecasting the Future of Finance

NGDATA

The financial sector is evolving rapidly, and traditional financial institutions need to adapt to emerging technologies. Leveraging AI and machine learning will help credit unions provide personalized recommendations. Borrowers must prioritize how they're paying off debt and maintain open communication with their student loan lender. Source The post Forecasting the Future of Finance appeared first on NGDATA.

Finance 52
article thumbnail

E-commerce Customer Support: How BPO Can Elevate Your Service Experience

Hodusoft

E-commerce Customer Support: How BPO Can Elevate Your Service Experience Are you an e-commerce business struggling to provide seamless and efficient customer support services? If yes, then you must understand what factors define the success of e-commerce. Primarily, the success of e-commerce or any customer service-related company is measured through increased customer satisfaction and loyalty.

article thumbnail

Missing the point on credit card APR margins

NGDATA

Credit card interest rate margins have risen due to multiple factors, including the growth in subprime accounts, the shift to upfront pricing, and the increase in revolving accounts. The Consumer Financial Protection Bureau (CFPB) blames anti-competitive pricing behavior for excessive APR margins, but the root causes of the development suggest a well-functioning and competitive industry expanding access to affordable credit.

52
article thumbnail

Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

article thumbnail

8 Metrics Every Online Business Should Monitor

SurveySensum

Businesses have yet to be known to thrive out of sheer luck. We might see a business and think ‘That is got to be luck’ but no, the grass is greener on the outside. Multiple metrics are considered that help shape the success of businesses. For example, these are some of the key metrics: businesses keep track of the visitors to their website and their interactions on the page – how many bounced off the page, at what point of the page they left, and from what keywords they get converted fro

article thumbnail

Blog Post: What is Customer DNA?

NGDATA

Customer DNA uses customer data to provide a complete view of customers, enabling enterprises to create personalized experiences that increase brand loyalty and customer value. With predictive capabilities, Customer DNA helps enterprises stay ahead of the competition and deliver exceptional customer experiences. Source The post Blog Post: What is Customer DNA?

article thumbnail

Five Proven Strategies For AI-Driven Success In 2024

VOZIQ

In 2023, the synergy between customer-facing leaders and technology reached new heights. In particular, artificial intelligence (AI) played a vital role in helping them achieve customer retention and lifetime value breakthroughs. It redefined how their businesses connect, engage, and retain their valuable customer base I will highlight the five proven AI-driven practices that successful customer retention leaders implemented in the past year.

AI 40
article thumbnail

Could the Credit Card Competition Act Impact Credit Unions?

NGDATA

Credit unions provide savings on fees and interest rates for banking services and loans. The Credit Card Competition Act could impact their ability to offer these benefits, potentially driving interchange income down. Some credit unions share this revenue with their communities. The bill's supporters argue that increased competition will benefit consumers, but its impact on savings is debatable.

52
article thumbnail

Reimagine Your Communications With A Unified Platform

Cut complexity and boost efficiency while empowering your customers with Nextiva's unified communications platform. Nextiva streamlines workflows and centralizes customer interactions, all while simplifying business collaboration, increasing productivity, and reducing employee burnout.

article thumbnail

From Inbox to Impact: 10 Sales Email Templates That Resonate

Help Scout

Elevate your communication with sales email templates and best practices that engage and convert.

Sales 48