Thu.Aug 15, 2024

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How to leverage AI for customer retention and churn risk management

ChurnZero

This is a guest post by Josh Schachter, founder and CEO of UpdateAI. As a post-sales leader, my role hinges on increasing revenues from existing customers. One of the most effective ways to achieve this is to leverage AI for customer retention by using it to understand customer trends and mitigate churn risks. In this blog post, I’ll walk you through how AI tools like UpdateAI, along with others, can be used to enhance customer retention by identifying, investigating, and acting on key tr

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Discover The Surprising Benefits of Adding Friction To Your Experience

Beyond Philosophy

Learn more about Colin Shaw : Join over 85,000 people on our LinkedIn Newsletter list or visit our website for more great podcast episodes. Listen to the podcast: Organizations must constantly answer an interesting question: how much friction is good for their experience? It might seem like the answer will always be “none at all,” but it isn’t. Today, let’s talk about friction in Customer Experiences and when it is—and isn’t—bad.

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Delight your customers with great conversational experiences via QnABot, a generative AI chatbot

AWS Machine Learning

QnABot on AWS (an AWS Solution) now provides access to Amazon Bedrock foundational models (FMs) and Knowledge Bases for Amazon Bedrock , a fully managed end-to-end Retrieval Augmented Generation (RAG) workflow. You can now provide contextual information from your private data sources that can be used to create rich, contextual, conversational experiences.

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How AI Innovation Will Elevate SMB Business Outcomes

Cisco - Contact Center

Cisco’s advanced AI features help SMBs boost productivity, enhance security, and optimize hybrid work, leading to smarter workplaces and a competitive edge in the digital world.

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The State of Digital Customer Experience Report 2024

This comprehensive report explores the evolving landscape of customer and business expectations, with five key trends that will help you understand your customers and stay ahead of the competition. Discover how your peers are implementing AI to improve customer experience with granular insights into their CX investments and specific AI use cases. For the first time, customers prefer digital channels when interacting with a business.

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How Can You Make Your Business Even More Successful Than It Is?

Joe Rawlinson

How can you make your business even more successful than it is? That’s a good question, and one that we think you should be answering as often as you can. If you want to have any hope of taking your business further that it’s current state, you must have the ambition to do so. If you don’t, then there is no way that you are ever going to see the higher levels of success, and that would be a shame.

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Property Management Call Center FAQ: Our 8 Most Asked Questions

Ambs Call Center

Is managing property maintenance requests and tenant inquiries becoming overwhelming? If you're looking for a more efficient way to handle the day-to-day challenges of property management, you're in the right place.

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Your BPO Partner Missed Key KPIs – How to Address It | BPO Health Check

Outsource Consultants

What is the ‘BPO Health Check’ Series? We understand that the world of BPO partnerships isn’t always sunshine and rainbows. There are challenges, hurdles, and those inevitable tough conversations. That’s why we’ve created the ‘BPO Health Check’ series – a deep dive into the real issues clients and BPOs face. We’ll be pulling back the curtain on those often-avoided topics, bringing you candid conversations, expert insights, and practical advice.

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Employee Attrition : Types, Reasons, Effects, and Strategies to Control

Hodusoft

Employee Attrition : Types, Reasons, Effects, and Strategies to Control What comes to your mind when you read the term “employee attrition?” Big Quit? The Great Resignation? Mass Layoffs? Quite Quitting? Recession? Even though, in the last few years, employee attrition has become a huge concern for many organizations, particularly the ones in the call and contact center industry, it hasn’t always had a negative connotation.

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Tough Talk (Track) Series: Missed KPIs

Outsource Consultants

What is the ‘Tough Talk’ Series? We understand that the world of BPO partnerships isn’t always sunshine and rainbows. There are challenges, hurdles, and those inevitable tough conversations. That’s why we’ve created the ‘Tough Talk (Track)’ series – a deep dive into the real issues clients and BPOs face. We’ll be pulling back the curtain on those often-avoided topics, bringing you candid conversations, expert insights, and practical advice.

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Your Roadmap to Successful AI Implementations in the Contact Center

CX leaders are in a gold rush for AI, lured by the promise of cost savings and a revolution in service delivery. But simply deploying AI in your contact center isn't a magic bullet. There are hidden dangers that can derail your AI dreams. Recent incidents, such as the missteps of an AI chatbot deployed by Air Canada, have underscored the complexities and risks involved in leveraging AI in customer-facing roles.

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Maximizing Efficiency in Real Estate with Virtual Assistants

IdeasUnlimited

The real estate industry faces unique challenges that require efficient management and prompt communication. This is where virtual assistant real estate services come into play. These services have revolutionized the way real estate professionals manage their workload, ensuring tasks are handled promptly and effectively. By leveraging the skills of a real estate assistant, businesses can significantly enhance their operational efficiency and client satisfaction.

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Benefits of a Sustainable Learning Environment in Schools and Universities

Cisco - Contact Center

Discover how adopting IoT and networking technologies can transform educational institutions into healthier, more sustainable, and safer environments, enhancing both operations and community engagement.

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Microsoft Teams Phone Datasheet

Momentum Telecom

Download our datasheet to learn more about Microsoft Teams Phone Make Microsoft Teams your hub for business communication We’ll help you combine enhanced communication features, PSTN connectivity, and artificial intelligence into a unified experience within Microsoft Teams. Our connection to the Microsoft network and long-standing integration with Teams make us uniquely suited as a provider.

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How Digital Engagement Tools Transform Healthcare Budgets

Zappix

In healthcare, digital engagement tools have become essential for improving patient experiences and optimizing operational efficiency. Beyond enhancing patient outcomes, these tools have a significant impact on healthcare budgets, driving cost savings and fostering financial sustainability. Let’s explore how digital engagement is reshaping financial management in healthcare. 1.

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3 Ways Brick-and-Mortar Retailers Can Improve Customer Experience

Today’s digitally savvy customers have high expectations of retailers for convenience, responsiveness, and ease of doing business both in-store and online. Our recent survey of over 2,000 US consumers found that retailers that can drive a seamless, omnichannel customer experience (CX) – across physical and digital channels – have huge benefits for brand relevance, profitability, and customer loyalty.

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How To Select the Best Phone Answering Service

Abby Connect

A phone answering service is a great way to scale your business and free up needed time for your employees. But how do you select the best phone answering service out there? Abby Connect has been in the business of answering professional phone calls for 20 years.

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The Future of Technical Assistance: Embracing Virtual Assistants

IdeasUnlimited

The landscape of technical assistance is rapidly evolving due to advancements in technology and changing business needs. Traditional in-house support teams are increasingly supplemented or replaced by technical virtual assistants. These skilled professionals work remotely to provide specialized technical support , making them a crucial asset for modern businesses.

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Microsoft Teams Phone Datasheet

Momentum Telecom

Download our datasheet to learn more about Microsoft Teams Phone Make Microsoft Teams your hub for business communication We’ll help you combine enhanced communication features, PSTN connectivity, and artificial intelligence into a unified experience within Microsoft Teams. Our connection to the Microsoft network and long-standing integration with Teams make us uniquely suited as a provider.

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Tips on How to Improve Photos for Social Media and Websites

CSM Magazine

Attractive, well-designed images will get more engagement and interest in the content, whether a personal Instagram account, Facebook business page, or corporate website. A well-prepared image will catch your eye, elicit positive emotions, and prompt action—buying a product, registering for an event, or simply signing up for updates. But how to make your photo stand out among those millions of others?

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How to Optimize Call Monitoring: Automate QA and Elevate Customer Experience

Speaker: Laura Noonan, Chief Revenue Officer at CallFinder + Angie Kronlage, Director of Program Success at Working Solutions + April Wiita, Vice President of Program Success at Working Solutions

Are you still manually reviewing calls? 🤔 It's time for a change! The traditional method of manual call monitoring is no longer cutting it in today's fast-paced call center environment. Industry experts Angie Kronlage and April Wiita from Working Solutions are here to explore the power of innovative automation to revolutionize outdated call review processes!

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Sales Call Tags: How VirtualPBX Tracks Our Own Sales and Marketing Efforts

VirtualPBX

As part of our newest product, Contact Center, we recently released a powerful Call Tagging feature. As avid users of our own products and services, our Marketing and Sales teams were quick to jump on the opportunity to improve their processes and reports with Sales call tags. Call Tagging has the ability to deliver significant gains for businesses, like: Improved Call Organization : Tags help categorize and label calls based on various criteria (e.g., inquiry type, department, urgency).

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Perform generative AI-powered data prep and no-code ML over any size of data using Amazon SageMaker Canvas

AWS Machine Learning

Amazon SageMaker Canvas now empowers enterprises to harness the full potential of their data by enabling support of petabyte-scale datasets. Starting today, you can interactively prepare large datasets, create end-to-end data flows, and invoke automated machine learning (AutoML) experiments on petabytes of data—a substantial leap from the previous 5 GB limit.