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

ShepHyken

(CMSWire) Chatbots continue to handle an increasing amount of customer support and other B2C and B2B interactions. billion by 2026, representing a 30.9% Chatbots are being used to take customer orders, speed interactions, increase access, generate leads, and for a variety of other uses. compound annual growth rate from the $1.17

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The Great AI Paradox for Contact Centre Agents

CSM Magazine

Leading research and consulting firm Gartner predicts that Conversational AI will reduce contact centre labour costs by $80billion in 2026 and over the same period, one in 10 agent interactions (10%) will be automated, an increase from an estimated 1.6% of interactions today. Calabrio is a trusted ally to leading brands.

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What Are the Three Pillars of B2B Customer Support for Fintechs?

CSM Magazine

To achieve this, fintech companies should look to refine three key pillars of their customer support stack, including brand recognition, voice of the customer, and service quality. This confirms that quality customer service and brand recognition go hand in hand. billion between 2022-2026.

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Evolution of Customer Experience in E-Commerce 2023

Lumoa

Poor customer service interactions could lead to a potential loss of business. AI-powered customer support could save businesses $80 billion in labor costs by 2026. . Make sure you have a customer support team to interact with dissatisfied customers and make things right. Your customers will feel valued and trust your brand.”.

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Ecommerce vs. brick-and-mortar: Unlocking retail success in 2022

Think Customers

Brick-and-mortar, physical retail locations, rely on being interactive spaces. Customers feel the product and build relationships with the brand. In the wake of several factors not limited to COVID-19, including the rise of ecommerce, research from UBS predicts that around 80,000 retail stores may shut down permanently by 2026.

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Is a Digital-Only Strategy Right for Your Business?

CSM Magazine

Stats show around half of people say they have been ignored by brands when they have used messaging apps or social media channels over the last year. It’s a sign of the choices brands all over the world are making in terms of reducing overheads and reviewing how much heavy-lifting digital channels can do. How do people interact now?

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9 Important social media trends you need to know in 2023

BirdEye

They’ve continued to invest in their ad platform, allowing businesses to bolster their brand awareness. TikTok saw a whopping $4 billion in advertising revenue in 2021 alone, and that number is expected to triple by 2026. Invest in TikTok ads to get your brand and products in front of your followers’ eyes.