You Must Know Consumer Expectations to Deliver on Their Demands. We’ve Got the Data.

You Must Know Consumer Expectations to Deliver on Their Demands. We’ve Got the Data. TW

Every consumer has a different expectation as to how they believe they should be treated by organizations they do business with. Perhaps I wouldn’t hesitate to ask for a full refund and an apology when I feel I’ve been wronged, whereas you wouldn’t be caught dead being so demanding.

But while we all have our minute differences, it is also true that consumer expectations generally shift with the times, and have clear generational differences. This past year has brought a significant amount of changes, and businesses may feel more in the dark about what their consumers are demanding. We wanted to pull back that curtain.

Kustomer surveyed over 550 US-based consumers to better understand what they expect from the customer experience, where organizations are falling short, and how expectations have shifted across generations. According to our research, 79% of consumers say customer service is extremely important when deciding where to shop, and many consumers are more picky with where they spend their money than ever before. Read on for the findings from our research, and for strategies to deliver on consumers’ growing demands. You can download the full report here.

We Must Treat Customers as Humans

If 2020 has taught us anything, it is that empathy is of the utmost importance when dealing with customers. As the world has drastically changed, and individuals feel more stress and anxiety than ever before, the potential to brighten someone’s day with a simple support interaction is hugely impactful.

According to our survey, 69% of consumers expect an organization to prioritize their problem if they are upset. Through a combination of sentiment analysis and intelligent routing, your customer service platform should be able to move upset or loyal customers to the front of the line and immediately get them help from the most appropriate agent.

Additionally, 53% of consumers expect a business to know about them and personalize how they interact. To create these meaningful relationships, companies need to adopt technology that allows them to see customer history, issues and behavior in context, no matter the platform. According to Amy Coleman, Director of CX at Lulus.com, the humanity of customer service is often lost in call center environments. “I think that one of the downfalls to old school ticketing systems is that it’s no longer about people. It almost becomes like data entry for those agents that are working on the same thing. It’s how many tickets there are,” said Coleman. “We were never thinking of it in terms of the human beings that are on the receiving end. And I think that’s what Kustomer has really done for us, it’s allowed us to spend the time with the human beings that are on the other line and spend more time developing our team.”

One thing is clear across the board: consumers expect retailers to know how they’ve interacted in the past, what issues they’ve encountered, and they want organizations to actively make amends. A whopping 76% of consumers expect companies to proactively follow-up and reach out to them if there is a problem. Whether it is a winter storm delaying a shipment, a new safety policy, or a fulfillment issue, proactive outreach is not only a nice benefit, it is now an expectation. Proactive communication can provide even more value when you use it for actions like reengaging unhappy or complacent customers, and building brand loyalty with targeted offers. Make sure your platform can power bulk messaging, targeting specific customer segments based on your unique data, like orders, location, or CSAT. In no time your customer service team will turn from a cost center into a profit center.

The Need for Speed in CX

We’ve all been there. Too much to do, too little time. This turn of phrase is even more pertinent for customer service organizations. Delivering real-time service is inherently difficult without endless resources, especially during peak shopping periods. But it is truly what your customers expect.

Seventy-one percent of consumers believe their problem should be solved immediately upon contacting customer service, but 52% report that they’ve experienced hold times longer than fifteen minutes. That’s a massive amount of consumers whose expectations are not being met.

Luckily, thanks to automation and artificial intelligence (AI), businesses now have the opportunity to provide more self-service options, freeing up agent time for complex and proactive support. In fact, 53% of consumers prefer self-service over talking to a company representative, meaning AI-powered experiences fulfill their needs. Tools like chatbots are growing in popularity with both businesses and consumers, with 53% of consumers saying that chatbots improve the customer experience. They can be used to collect initial information, answer simple questions, and direct customers to a help center if human intervention is not needed.

These tools save time for both the customer and agent, and increase the time spent on the actual issue rather than information gathering and low level support. Additionally, 42% of consumers reported that they would be willing to buy a product or service from a chatbot. This transforms AI-powered chatbots from a deflection tool into a revenue generator, with the ability to suggest similar products, or answer questions consumers need clarification on before buying.

To read the full report, including industry and demographic data, click here.

 

3 Reasons You Need Customer Sentiment Analysis

woman on phone sitting on steps

A common saying states that perception is reality. Regardless of its validity, perception is widely accepted, and it can have significant consequences on either an individual or an organization’s reputation and credibility.

Organizations face this every day: how to deliver the best possible product while also winning trust through superb service. Even a superior product can fall victim to upset customers — according to an Accenture Strategy Research Report, 47% of consumers admit they won’t even engage with a brand after being disappointed. Today’s complex, omnichannel environment makes these stakes even higher.

Analyzing sentiment and empowering agents with data allows them to go above and beyond, providing customers with an experience that promotes not only satisfaction, but also encourages loyalty.

What is Customer Sentiment Analysis?

KM World defines customer sentiment analysis as the processing of information to determine the opinion of a consumer. The time consumers take to ask questions, resolve issues, and share both positive and negative experiences can be used to help an organization evolve.

It’s important to understand that the way this information is gathered has changed drastically in the last two decades. What was once handled by either a letter or phone call to a company has now evolved into a multi-layered approach that can feel dizzying for an organization seeking to keep pace.

To deliver the most empathetic customer service experience, an organization must understand customer sentiment across all channels. Let’s take a closer look at sentiment scoring, what’s considered a positive sentiment and three solid reasons customer sentiment analysis is a must for your organization.

What is a Sentiment Score?

According to CallMiner, a sentiment score is the number used to gauge customers’ opinions of a company’s service and products. A positive sentiment score indicates exactly what it describes — customers are satisfied with their experience with the company’s offerings and will likely continue to go about business as usual — and as such, a negative score explains the opposite. Both types of sentiment scoring are important, as they can help a company understand where they need to improve and where they can continue following business protocol.

3 Reasons You Need Customer Sentiment Analysis

Sentiment analysis gives you an increasingly accurate temperature check on how your customers feel about your brand, your products and the service you provide. For agents to turn this data into insights, however, they must be able to easily access this type of customer information.

Here are three reasons why customer sentiment analysis is ideal for driving customer loyalty:

1. Customer Service Agents Become Advocates

Every time a customer reaches an agent, that agent should, at a minimum, be empowered with all the information needed to provide a seamless experience. From purchase information, shipping information, and return requests, to an accumulation of all internal communications that have occurred, agents should have all the customer details available to them in order to provide the best possible service. But this isn’t always possible without the right technology.

When armed with sentiment analysis, the agent is properly prepared to connect and empathize with the customer on the aspects of either the service or the product that felt frustrating. This type of communication serves to both personalize the experience while also helping to neutralize potentially difficult conversations.

To provide the modern experience customers expect, organizations can’t afford for their agents to have any information gaps. According to Calabrio, 60% of customer service agents feel that they don’t have the tools or technology needed to handle customer issues, and 34% cite a lack of pertinent customer data as their biggest problem. With the right resources in place, companies can properly identify negative and positive sentiment scores and translate the insights into providing an improved customer experience across the board.

2. It Has a Major Influence on the Future of Your Business

When it comes to both acquiring and retaining customers, brands must pursue the new rules of engagement. According to Social Media Today, 70% of consumers have admitted that they turned to the social media accounts of brands for customer service reasons on one occasion or more. Utilizing social media channels is one of the most advantageous moves a brand can make today.

Customer interactions, whether indicating negative or positive sentiment, can be used to benefit the company. This data can be used to get ahead of issues, inform internal product teams of concerns or problems and influence both new customers and loyal ones. Data can reveal how an individual consumer is feeling, and it can also reveal areas in your product or policies that need improvement.

3. Customer Experience Gaps Vanish (With Holistic Measurement)

Unfortunately, many organizations look at sentiment based on the channel: e-mail, phone, chatbot/live chat, social and others, and that means all the data collected is siloed. The result of siloed data needing to be measured and analyzed together is an analyst somewhere banging their heads against a wall trying to fit a square peg through a round hole.

In other words, siloed data can be analyzed together, but it will usually be inconsistent and incomplete, with gaps that don’t cover the holistic customer experience. When attempting to make sense of the entire customer journey from initial awareness through to repeat purchases, organizations must consider a holistic way of collecting the data to be analyzed more accurately. A customer service CRM platform, that unifies all data into a single view, can help businesses garner insights from cross-channel data.

How Kustomer can help

Understanding how your customers feel can be a useful tool for your business. The organization that achieves a comprehensive, holistic and actionable view of their customer, and leverages sentiment analysis to understand how customers are feeling, can create empathetic experiences that boost loyalty, retention and repeat sales.

Kustomer’s Sentiment Engine specifically achieves this. It’s driven by AWS Amazon Comprehend, and through natural language processing APIs, the Kustomer platform can analyze all incoming text from the customer, no matter the channel. You’ll always know how they feel, and be prepared to deliver exceptional service in customers’ greatest times of need.

If you’re ready to transform your organization’s customer service into one that drives loyalty in the modern age, click here for three ways to get started.

 

4 Easy Ways to Strengthen Your Brand Through Customer Service in 2020

Have you ever ended a call with a customer service agent thinking that you’d never want to go through such a horrible experience again? You probably shared your experiences with friends and family, or went so far as posting your negative thoughts across social media.

One angry consumer not only means a lost customer, but could also mean a hit to your brand or a PR nightmare. Your customer service agents need tools that promote a positive experience for each and every customer. The following are four easy ways to strengthen your brand through customer service in 2020.

Speak with Customer in the Ways They Want to Communicate

Enabling your agents to service customers on their preferred channels, whether that be e-mail, chat, SMS, voice, WhatsApp, Facebook Messenger or Twitter, strengthens the bond between companies and their customers. Consumers expect brands to be available on each and every channel they regularly use, but oftentimes tracking conversations and interactions across channels can be a challenge for agents. With Kustomer, conversations across channels converge into a single thread on a single screen, resulting in a seamless and effortless conversation. By breaking down the communication silos of traditional multichannel solutions that fragment service experiences, cause agent collision, and frustrate customers, Kustomer ensures a true omnichannel experience for customers and agents alike.

Reach out to Your Customers Proactively

Customers understand that problems happen all the time. Proactive communication allows companies to keep their customers updated on issues like delays in shipping, out of stock items or product updates. Customers empathize that problems arise and feel valued when kept in the loop, while inbound inquiries are reduced due to proactive outreach. Some organizations turn their CX organization into a revenue center by sending offers based on purchase history, deep insights or to encourage repeat purchases. With all of your data in the Kustomer platform, your customer service team can proactively communicate to deflect issues and delight customers.

Measure Your Customer Sentiment

Agents need to understand the mood of the customer before the conversation begins. Sentiment determines the direction of the conversation, which agent should handle the customer and how to handle the interaction. Customers are happy because agents can immediately empathize with their emotions. Agents are happy because they are aware of the customer’s current disposition and are trained to handle difficult interactions appropriately. Tracking customers’ sentiment helps agents decide how to best prioritize and engage in conversations, and provides management with a critical metric for overall customer service effectiveness.

Know Everything About Your Customers

Companies that develop deep insights about their customers, and leverage them appropriately to provide personalization, will improve their brand image. Tracking important customer information like birthdays, anniversaries or most recently purchased items on a customer timeline softens conversations and makes for a memorable experience. Agents can see deep insights quickly and easily and can, for instance, wish their customers a happy birthday. A personalized call can switch sentiment from potentially hostile to neutral or even positive. Kustomer connects your agents to all of your customers’ data from internal and third-party systems, providing a holistic timeline view for more productive and efficient conversations.

Strengthening your brand begins with asking tough questions. Is customer sentiment appropriate for your business? Is speaking with your customers through an omnichannel approach important? What types of customer information would you track that could impact your brand? Once these questions are answered, a platform like Kustomer could help you kickstart a successful 2020.

See the Kustomer Platform in Action

 

What to Look for in a Modern Day Customer Service Software Solution

Consumer expectations are growing. In fact, 66% of consumers aged 25 to 44 believe that the customer is always right, almost 35% higher than those over 65. That means the younger generation is expecting more from the brands they choose to shop with, and companies must keep up. But how do you accomplish that?

Without endless resources, delivering seamless and personalized service, on every channel, can be an intimidating challenge. Luckily, technology can help. But just as consumer expectations have shifted rapidly, so has the way we do business. Finding a software solution that is built for the modern age is of the utmost importance.

Customer-Centric, Not Ticket-Centric

Think of it this way. Just fifteen years ago, the iPhone didn’t exist. Twitter didn’t exist. And customer service software wasn’t built to accommodate the expectations and channels of today’s customers. A modern day customer service solution treats customers like people, not tickets.

Many customer service solutions on the market today are ticket-based, meaning they identify the customer as an attribute of an inbound or outbound message and build the communication around that ticket. These systems prioritize the metric of a “done ticket” over a customer relationship.

In contrast, modern day customer service solutions focus on the customer at the center of each interaction. By tying existing applications, business processes, and performance to the experience of the customer, companies are able to deliver more human interactions, as they know the full context and history of that customer and how they’ve interacted with the brand in the past.

Focusing on the customer may also inspire changes in your business beyond the changes in your CX process. Building a customer-centric mindset increases the chance of evolving your business in response to customer feedback, not theories.

What Makes a Modern Day Customer Service Platform

Holistic Customer View ✓
Every customer has a timeline unique to their history of purchases, omnichannel interactions, orders and returns – combining all internal and external data into one actionable view.

Powerful Automation ✓
AI and machine learning enhances agent productivity and assesses the needs of your customers in real time to deliver the best outcome in the shortest time.

Truly Omnichannel ✓
Agents can seamlessly switch engagement channels in real time within the same conversation, easily toggling between channels.

Understands Sentiment ✓
Know how your customers actually feel and gain actionable insights across every support channel and interaction.

Customizable To Your Business ✓
Fully actionable integrations with any existing system – internal or external. Let your customer service software match your business.

Download Kustomer’s full Buyer’s Guide to learn what you should be looking for in a customer service software solution, how to evaluate potential partners and how to measure success.

Download Buyer’s Guide


From Bots to Superheroes: Empowering Agents to Deliver Amazing Service with the Help of Chatbots

There are a lot of buzzwords gaining traction as we settle into 2018, but probably none are bigger than “Bot”. Particularly in the customer support arena, as companies look to further reduce the cost of serving customers. This has resulted in the rise of chatbots. However, no matter how good the technology, bots aren’t going to be able to resolve every situation or interaction anytime soon. That means that transferring from bot to agent will remain a crucial part of the chatbot experience. What do agents and customers expect when the time comes for them to be connected?

Chatbots are undoubtedly improving and becoming better at seeming human while collecting crucial customer information—their name, address, and description of the problem—and based on that they may be able to produce some initial solutions.

However, the risk companies face is that they give their customers flashbacks to the 90’s. That means an experience that’s identical to the Interactive Voice Response phone trees that end up connecting them to an agent who needs to ask all the same questions over again. How can brands prevent this? Here are a few suggestions:

  1. Put Agents in the Driver’s Seat: Empower agents to select the right channel to engage with the customer and best resolve the issue.
  2. Deliver Complete Context: The agent of the future will be a critical thinker. If you provide them with all the information they need about the customer story so they are well-informed of their profile and history, agents can craft some of their own dialogue based off of talking points from reference scripts. While this creates a more natural customer interaction, it also means that agents must be able to think on their feet and deal with possibly tense situations. Adapting to every situation and keeping calm and focused under fire is thus crucial for great customer service.
  3. Give Agents a Heads-Up: Automate agent alerts based on changes to the customer’s status, order updates, or snoozes so they’re always aware and ready to connect.
  4. Enable Empathy: It’s always great for agents to show empathy, but empathy is hard for any human being to deliver if they don’t understand the gravity of the situation. Brands can use tools like NLP (Natural Language Processing) to provide some insight into how the customer is feeling at the time of engagement, and know whether their outlook is positive, negative, or neutral.
  5. Streamline Connectivity: Efficiency is still critical at the point of contact, but not at the detriment of communication skills. Create personalized shortcuts that don’t just display simplistic customer information like name and email, but provide details of their relationship such as recent items they’ve viewed, their current sentiment, their order’s delivery status, etc.

For brands to be successful in the future, the hand-off between bot and human needs to promote a differentiated experience. If your customers have to start the process all over again when they switch to an agent, then they’re better off just connecting with one in the first place.

However, if your customer can go from speaking with a bot to an informed and empowered agent, that’s a game-changer. If your agents are equipped with all the context and transaction information they need, then they’re well-placed to deliver a meaningful experience. Combining chatbots, automation, sentiment analysis, and a full view of the customer is what it takes to turn your agents into heroes and deliver next-level service. Instead of going from a bot to a human who’s asking mundane questions, doesn’t know anything about the customer, and is powerless to make a decision, they can be connected to a CX superhero.

Vikas Bhambri is Kustomer’s VP of Global Sales and Customer Success

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