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

ShepHyken

billion by 2026, representing a 30.9% Next Generation Loyalty – Part One by Braden Kelley. Braden Kelley) Marketers have an overly optimistic perspective on customer loyalty and their implementations of customer loyalty programs. I’m a big believer that the typical loyalty program is actually a marketing program.

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The Future of Customer Service: AI and Human Collaboration

Playvox

The Future of Customer Service: AI Gartner has predicted that by 2026, conversational artificial intelligence deployments within contact centers will reduce agent labor costs by $80 billion. Gartner further projects that one in 10 agent interactions will be automated by 2026, an increase from an estimated 1.6%

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What a string of semaglutide biosimilars could mean for Mainland China

Clarivate

However, availability of cost-effective biosimilars of semaglutide starting 2026 is likely to influence patient perception of the drug in a price-sensitive Chinese market, especially for obese patients in the absence of reimbursement for weight loss drugs.

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Gartner Predicts No Reduction in Customer Service Spending in Coming Year

CSM Magazine

Another area that will not only reduce costs but also better help serve customers is conversational AI, which is expected to reduce contact centre agent labour costs by $80 billion by 2026. CFOs will also look to ramp up investments in hiring and compensation, but increase scrutiny on consultants, contractors, and facilities.

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Global Customer Success Software Market share: 2022 Edition

CustomerSuccessBox

million in USD (2026). from 2021 – 2026. If it is well-executed, that’ll be the differentiator for them and by gaining customer loyalty they sustain in the competition. The global customer success software market share will rise in 2022. It will grow from 978.22 million in USD (2020) to 3,538.03

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

CSM Magazine

This customer-centric approach allows businesses to align their strategies, products, and services with customer needs, leading to improved customer satisfaction, loyalty, and ultimately, business growth. billion between 2022-2026. Moreover, fintech companies stand to gain from cultivating a culture of trust with their customers.

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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. As a result, agent skillsets are changing too.

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