CX, buying experience, customer loyalty, customer experience management (CEM), Net Promoter Score (NPS), CSAT, customer challenges

The CX space has seen significant movement over the last few years – between multibillion-dollar acquisitions, advancement in AI, and continuously evolving core software, the industry is experiencing a renaissance.

Yet despite these technological advancements, it appears that many of those charged with leading these initiatives are too focused on polished, buzzwordladen tools, and are in turn losing focus of why these programs exist in the first place – to enhance the customer experience.

What do customers really want?

Customers want their interactions with your company to be as easy and friction less as possible.

They want to talk to empowered brand representatives who have the answers they’re looking for and the ability to solve problems quickly and efficiently the first time they call. They want your physical space to be welcoming with employees that are easy to find and identify.

Above all, customers want to feel empathy towards their buying experience. Using chat bots and employing staff without the authority or knowledge to solve problems, while scalable, is also the quickest away to erode customer loyalty.

Why are we measuring engagement but not resolution?

Almost every business has some sort of customer experience management (CEM) program. The majority are measuring transactions by using metrics like Net Promoter Score (NPS) or CSAT.

However, these data points don’t always expose easy-to-action insights. If you want to marry CX feedback data with actionable insights, you’ll need to measure:

  • What are you customers asking and how frequently?
  • Are your customers getting the answers they need?
  • When are your customers escalating issues or moving to another channel?
  • Are your employees empathetic to customer challenges?

Uncovering the answers to these questions will lead your organization to improvement areas where specific and measurable actions can be taken.

 

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Customer service (CS) is critical for delivering a great customer experience (CX)All too often, these terms are used interchangeably, but they are not synonymous—CS is not the same as CX.

Customer service is part of the overall customer experience, not the entire customer experience. It is vital to understand the difference between CX and CS as you implement Voice of the Customer (VoC).

What is Customer Service?

Customer service is probably a more familiar term — it’s also the more narrowly scoped of the two.

Customer service is the assistance and advice provided to a customer for your product or service as needed.

Customer service requires your customer-facing team to possess a particular set of skills, including patience, product knowledge, and tenacity, so they can provide the answers and assistance a customer needs. It’s the human element in the customer journey and the voice your customer will recognize as representative of your organization.

What is Customer Experience?

Customer Experience, or CX, refers to the broader customer journey across the organization and includes every interaction between the customer and the business.

CX involves all the ways your business interacts with a customer, including and outside of traditional direct, customer-facing service. CX captures how the customer uses your product or service, their interactions with self-service support options, the feeling of walking into your retail store, customer service interactions with the team, and more.

Customer experience includes three main components:

  1. Customer Service: This includes Customer Support, Customer Success, and self-service support — the points at which your customer interacts with your team.
  2. Technology: This is the product itself — how it works and the interactivity points.
  3. Design: This is the brand touchpoint — the marketing, the design, and the feelings your brand creates for your customer.

While those three areas are quite distinct, there are no hard lines between them. All of the pieces combine and work together to make up the customer experience.

Customer Service[CS] Vs. Customer Experience[CX]

The key difference between customer service and customer experience is that customer experience involves the whole customer journey, including customer service.

Customer service is limited to the interactions a customer has when seeking advice or assistance on a product or service. Understanding the customer experience, on the other hand, can involve analyzing data from non-customer-facing teams who contribute to a customer’s overall experience with a product or service.

Customer service and customer experience are both important pieces to an organization’s success, yet it’s not possible (or necessary) to draw hard lines between them. The line between how customers use a product and how they interact with the people supporting it are more blurred than ever. Customers consider the whole picture when thinking about your offerings, and you should, too.

CX is holistic and covers a wide number of touchpoints. Some of them are CS oriented, some are not. A complete VoC program includes all touchpoints, including those that are product or digitally oriented.

 

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Zomato, CX, Customer Experience, Foodtech, Uber Eats, Customer Focused, CX Quotient

Zomato has been at the helm of things in the past few days and by far became the most talked about Food app in India because of few interesting and thought provoking ads and incidents. CX was the central point in both the incidents. Just to refresh memories, Few months back a video went viral where  a delivery guy from Zomato eating food meant for delivery went viral which prompted a strong thought among the customers whether to trust and order food from such companies.

The customer experience was in question where this incident was considered as a breach in the company’s delivery strategies.

The company off course took massive corrective actions and went on a fierce damage control campaign to ensure that the customer trust was regained and Customer experience was perfectly delivered.

Moving on with the incidents, the latest incident where a customer refused to take the delivery of the food from a delivery boy owing to his religion. Considering the customer experience focused of the organization, the company including the CEO immediately swung into action by tweeting promptly that “Food doesn’t have a religion. It is a religion”. A statement which found them in the middle of a lot of positive and negative reviews .  Infact the company refused for the refund.

 

Their CEO Deepinder Goyal even went further to quote that “We are proud of the idea of India – and the diversity of our esteemed customers and partners. We aren’t sorry to lose any business that comes in the way of our values.”

 

A bold statement issued by a leading foodtech unicorn whose roots are firmly entrenched in India catering to  the people of all diversities and religions. Such was the impact of this that even Uber Eats a rival of this unicorn supported them.

While soon after its tweet, there was a positive response on Twitter, with users supporting the “secularist” stand, the negative comments took over soon. Since then over 100K tweets have tweeted against Zomato through the #BoycottZomato and #ZomatoUninstalled.

In a world where brands are specifically told to avoid intentionally hurting religious sentiments or even commenting on such matters, Zomato’ s stance is definitely uncommon, but even though its heart may be in the right place, the ensuing backlash on Twitter might just come back to bite it at a later stage.

A heart winning advertisement was placed which was very cute but a very thought provoking one.  The caption read : “A well settled smart and loving brand looking for those who can’t cook. The statement straight away stuck the right chord with the customers as there a millions who cannot cook.  It explains the superb level of customer focused of the organization immensely”.

What is important to note here is the fact that the customer experience cannot be compromised and by far the most powerful tool for any organization to flourish and stand out from the competition.

The ethics, the values and mode of operations can always differ. The most critical element is placing the customer at the center while building your product or product strategies and ensuring the deliverance of a perfect CX.

We strongly believe that Zomato has undoubtedly come out as a perfect winner in terms of offering unique values to the customers and so has been it’s superlative CX quotient.

 

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Customer Service, Customers Lifecycle, Customer Experience Leaders, Customer Service Strategy, Customer Retention

Customer service experts agree: customers have changed. They are more likely to share their feelings on different channels such as social media or blog articles, have higher expectations and are keener than ever on the customers’ lifecycle. 89% of customer service professionals agree that customers are more likely than ever to share the good or bad experience they had with businesses.

On the other side, most companies are not equipped to connect with and answer with their customers on every channel. They simply haven’t adapted yet to this new multichannel environment that is growing fast. I believe companies still have to shift to a customer-first-mindset to just not grow bigger, but also better.

Customer service is the new marketing, here is why it’s important

As stated before, customers lifecycle has been modified and is now increasingly complex. Customers can interact with businesses on multiple touchpoints and are waiting for the fastest answer at the highest level of quality.

By 2020, it is believed that customer experience will be the main brand differentiator instead of price or product.

For example, according to Forrester’s customer index, customer experience leaders gained 43% in performance compared to customer experience laggards who saw a decrease of 33,9%.

Customer service is a form of marketing

Whatever people say about the customer service they experienced, it has more impact due to the internet. A potential customer usually wants to know what are the main feedback about your product and there are lots of ways to do it.

85% of consumers trust online reviews just as much as personal recommendations.

With a great customer service strategy, you can market your services or product through word of mouth, reviews, comments on social media, testimonials and so on.

Customer service is important for your company to grow

When you offer good customer service, you retain your current customer and gain more customers. The only side effect can be your growth and the troubles that go with it.

Customer service is very powerful when focusing on repeat buyers and I believe every company should have that focus rather working on acquisition.

More than repeat buyer, it can also increase the global lifetime value of your customers which is even greater if you want to invest in acquisition then because it will increase your acquisition cost.

Regarding B2B, great customer service leads to a shorter sales cycle which leads to a lower acquisition cost too.

More than acquisition, customer service can also help your business to retain your customers. Bain and Company revealed that increasing customer retention rates by 5% could increase profits by 25%

As customer retention is key for every business, the latest technology can help a lot to improve your customer service.

Customer Service   Customers Lifecycle   Customer Experience Leaders  Customer Service Strategy  Customer Retention

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Emotion Detection Brand Loyalty Customer’s Emotions Customer Experience Heisenberg’s Uncertainty Principle Consumer Feedback Artificial Intelligence Customer Retention Computer Vision

It’s no secret that emotions drive behavior. Happy people whistle. Angry drivers crash cars. And now, with the help of emotion detection and analytics, more companies are tuning into their customers’ feelings in an attempt to learn what makes them tick.

This customer’s emotions will eventually determine their brand loyalty and likelihood of churning. That’s why monitoring customer sentiment through emotion recognition is becoming an increasingly important way to improve customer experience. As you’d expect, it’s all about the data.

What is emotion detection?

Emotion detection measures an individual’s verbal and non-verbal communication in order to understand their mood or attitude. The idea is to evaluate a customer’s experience with a product or their interaction with a representative of the company and to uncover any weak links that cause negative reactions. Also known as emotion analytics, the ramifications of implementing this technology into customer support systems are endless.

Limitations of current feedback systems

Many popular KPIs – such as NPS and CES – are single questions, with or without a free text option. At best, they provide a narrow snapshot of likelihood to recommend or level of effort. Such feedback is collected at the end of a customer interaction and is biased by the outcome – it doesn’t tell the story of the ‘ups and downs’ of the episode.

Emotional language is limited – is there a material difference between being happy and elated, frustrated and dissatisfied, or surprised and confused? Then there’s Heisenberg’s uncertainty principle – the idea that the evaluation itself will impede upon the system being evaluated in unpredictable ways. In other words, it’s essentially unscientific to ask a customer to evaluate their own emotional reactions.

That’s why emotion recognition represents a ‘secret weapon’ for any business looking to get ahead by getting inside the heads of their customers.

How Does Human Emotion Detection Work?

Emotion detection is an effective and objective measure of consumer feedback, which uses artificial intelligence to detect and analyze data, without requiring customers to take any additional action. In other words, you can’t fake your feelings. Examples of technological methods for analyzing emotional data include:

Text (Sentiment) analysis:- uses algorithms to analyze text and determine whether the writer’s perception of a specific topic is positive, negative or neutral. Sentiment analysis has become a key tool for making sense of the multitudes of opinions expressed every day on review sites, forums, blogs, and social media.

Speech analysis:- refers to the process of analyzing voice recordings or live customer calls using voice emotion recognition software to find useful data, such as stress in a customer’s voice. For example, smart speakers can measure your mood and select music to match it. The technology can also be used in fraud prevention, analyzing the unique vocal characteristics that may indicate dishonesty or concealment of information.

Facial Analysis:- uses facial emotion recognition technology to analyze a person’s expressions within a photo or video, such as raised eyebrows, smirks or wide smiles. By setting specific parameters around different facial reactions, educators can spot struggling students in a classroom environment, while security forces can detect individuals with malicious intent at public events.
While these are exciting uses of algorithm-based technology, the goal for enterprises is to apply the lessons learned from recognising and analyzing emotions to improve their relationship with customers.

Business Applications of Emotion Detection

Leading B2C providers are now taking these lessons “to heart,” holistically combining the various technologies to optimize customer assistance at every stage of the journey.

1. Emotion-based call routing

Emotion analytics can be used to pick up on a customer’s tone of voice and mood, and to classify the call with the right priority to the right agent. For example, an angry customer might be routed to the customer retention team, while a happy, satisfied customer might be routed to the sales team to be pitched a new product or service.

2. Powering customer personalization

When an agent is in tune with a customer’s feelings, the conversation can be tailored to ensure empathy, thereby enhancing CX. For example, emotion recognition software can ensure that a frustrated customer might be greeted differently than a happy customer, and a sad customer who might appreciate a few warm words at the start of the conversation will be greeted appropriately.

3. Tracking emotional reactions over time

Data provided by emotion analytics is multifaceted and can provide information on every aspect of the interaction at each moment of the episode. For example, contact centers might tweak their processes when emotion analytics indicates that while a friendly introduction is effective, the follow-up identification process is seen as intrusive and annoying.

4. Delivering corporate-level analytics

Decision-makers benefit from a goldmine of data that helps them understand at the macro level which of their products or services elicit specific emotions. For example, a perfume manufacturer might rely heavily on emotion analytics to finetune its formulas based on customer reactions to specific notes of fragrances, or an ad campaign may be pulled when analytics detect that a specific percentage of people grimace when they see a particular image.

The ability to read a customer’s emotions is clearly a game-changer when it comes to improving CX. And the introduction of computer vision has upped the ante, as new advanced technologies enable computers to both see and interpret the customer’s facial emotions simultaneously, creating unprecedented possibilities for intuitive service.

Visual Assistance is the Key to Holistic Emotion Analytics

Visual Assistance is an emerging technology that enables agents and product experts to visually guide customers using augmented reality during live video sessions. With the introduction of dual camera recording, companies can leverage split-screen snapshots taken simultaneously with both front and rear smartphone cameras, providing a glimpse of both a customer’s facial expressions and their environment.

The Potential Role of Emotion Detection in the Call Center

Real-time insights into customers’ emotions can help agents engage with them in a highly personalized manner and deliver empathetic service, a vital quality in today’s customer-centric business environment. For example, agents providing instructions for setting up a smart TV can see confusion registering on a customer’s face, enabling them to repeat or simplify the steps.

Voice analytics may help an agent detect high levels of frustration and provide personalized service that addresses the customer’s specific issue. When there’s a language barrier or a noisy environment, a voice-to-text app will enable agents to benefit from sentiment analysis, providing insights into a customer’s mood when speech or facial analysis is not possible.

Emotion Detection    Brand Loyalty    Customer’s Emotions    Customer Experience    Heisenberg’s Uncertainty Principle    Consumer Feedback  Artificial Intelligence  Customer Retention  Computer Vision

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