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Trends Impacting Customer Engagement & Support Deliver better outcomes for your customers and your business 5

5 Trends Impacting Customer Engagement & Support · These digital natives are the most informed generation ever: less trusting, slower to . commit, and more demanding. Empowered by

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Page 1: 5 Trends Impacting Customer Engagement & Support · These digital natives are the most informed generation ever: less trusting, slower to . commit, and more demanding. Empowered by

Trends ImpactingCustomer Engagement & SupportDeliver better outcomes for your customers and your business

5

Page 2: 5 Trends Impacting Customer Engagement & Support · These digital natives are the most informed generation ever: less trusting, slower to . commit, and more demanding. Empowered by

Index

So What’s Getting In the Way?

1 5 Trends Impacting Customer Engagement & Support

6

7

8

9

10

Great Support and Engagement Drive Value

Bold360 Makes it Simply Possible

It’s Time to Elevate the Conversation

Contact Us: It’s Time to Talk to Bold360

In today’s digital economy, proactive customer engagement and support are critical. Every moment is an opportunity to create a truly memorable experience.

This eBook explores the five key trends driving customer engagement strategies across large enterprise organizations today, and reveals how you can achieve your business goals by winning the hearts and minds of today’s connected customers.

Page 3: 5 Trends Impacting Customer Engagement & Support · These digital natives are the most informed generation ever: less trusting, slower to . commit, and more demanding. Empowered by

Millenials spend $200 billion annually

Millenials will spend $10 trillion in their lifetime

$ $ $ $ $

Millennials Are Changing The Buyer’s Journey

1

These digital natives are the most informed

generation ever: less trusting, slower to

commit, and more demanding. Empowered by

smartphones, they’ve set a high bar for fast,

efficient, and frictionless service—and they’re

an economic force to be reckoned with.

TRENDS IMPACTING CUSTOMER ENGAGEMENT & SUPPORT | 1

Page 4: 5 Trends Impacting Customer Engagement & Support · These digital natives are the most informed generation ever: less trusting, slower to . commit, and more demanding. Empowered by

Of customers use 4+ channels for support

Of customers believe it has gotten more difficult to reach the right representative

86%

45%

Many businesses offer multiple channels

to support and engage with today’s

always-connected customer. But this

hasn’t necessarily simplified the customer

experience

2 Customers Don’t Feel Connected

TRENDS IMPACTING CUSTOMER ENGAGEMENT & SUPPORT | 2

Page 5: 5 Trends Impacting Customer Engagement & Support · These digital natives are the most informed generation ever: less trusting, slower to . commit, and more demanding. Empowered by

3 Meeting Customer Expectations is Critical

Your customers remember the last

experience they had with your business

and whether it met their expectations—

expectations that have been shaped by

customer experience fanatics like Apple,

The Marriott, Starbucks, and Amazon.

of consumers stop doing business with brands that fail to meet their expectations

82%

TRENDS IMPACTING CUSTOMER ENGAGEMENT & SUPPORT | 3

Page 6: 5 Trends Impacting Customer Engagement & Support · These digital natives are the most informed generation ever: less trusting, slower to . commit, and more demanding. Empowered by

4 Tailored Experiences Stand Out

of consumers say that personalized promotions encourage them to make repeat purchases

say the same is true for relevant products and services they have never purchased before

78%

74%

Personalization and relevance work wonders

to increase engagement and drive purchasing

behavior. These tactics should be top-priority

initiatives for marketers looking to acquire new

customers, increase satisfaction, and build a

loyal and profitable customer base.

TRENDS IMPACTING CUSTOMER ENGAGEMENT & SUPPORT | 4

Page 7: 5 Trends Impacting Customer Engagement & Support · These digital natives are the most informed generation ever: less trusting, slower to . commit, and more demanding. Empowered by

Unprecedented data generation

More complex information management

New opportunity to improve customer insights

Billions of Connected Devices Bring New Challenges

5

25 billion devices will be connected to the Internet over the next 5 years, creating new demands for continuous customer engagement and support. With a wealth of customer data at their fingertips, businesses will face new challenges and opportunities.

TRENDS IMPACTING CUSTOMER ENGAGEMENT & SUPPORT | 5

Page 8: 5 Trends Impacting Customer Engagement & Support · These digital natives are the most informed generation ever: less trusting, slower to . commit, and more demanding. Empowered by

Great support and engagement drive value!

You’re always one click away from losing a customer

to the competition. The most powerful way to set your

business apart is by providing customer support and

engagement your competitors can’t match. A great

customer experience not only differentiates—it drives

repeat purchases and revenue growth.

The ValueGreat support and engagement drive value!

TRENDS IMPACTING CUSTOMER ENGAGEMENT & SUPPORT | 6

Customer experience

leaders outperformed

laggards by 80

percentage points.

Page 9: 5 Trends Impacting Customer Engagement & Support · These digital natives are the most informed generation ever: less trusting, slower to . commit, and more demanding. Empowered by

The net effect is low customer satisfaction, leading to higher churn

rates and a higher cost to serve. In spite of widespread understanding

of how important customer engagement is, businesses still struggle to

meet customer expectations.

When your agents don’t have total visibility, it’s impossible to deliver the personalized experiences customers want.

The Struggle

TRENDS IMPACTING CUSTOMER ENGAGEMENT & SUPPORT | 7

Pressure to reduce costs may undercut efforts to boost customer satisfaction

Customer information spans multiple, disconnected systems

Companies can’t carry the context of a conversation from one channel to the next

Page 10: 5 Trends Impacting Customer Engagement & Support · These digital natives are the most informed generation ever: less trusting, slower to . commit, and more demanding. Empowered by

Bold360 empowers your business to

seamlessly engage with customers

across multiple digital channels and

devices throughout every step of

their journey.

Designed for an omni-channel

world, Bold360 gives agents a

unified view across channels and

presents contextually relevant

data simply and concisely.

Bold360 also allows you to

seamlessly escalate to remote

technical support when

customers need a little extra

help or handholding.

Offer the right channel for the level of support needed

Never lose the context of the conversation across channels

Empower agents with the information they need to address issues quickly

+ + + + + + + + ++ + + + + + + + ++ + + + + + + + ++ + + + + + + + ++ + + + + + + + ++ + + + + + + + +

Bold360 Makes It Simply Possible

TRENDS IMPACTING CUSTOMER ENGAGEMENT & SUPPORT | 8

Page 11: 5 Trends Impacting Customer Engagement & Support · These digital natives are the most informed generation ever: less trusting, slower to . commit, and more demanding. Empowered by

Your business is working in a marketplace that’s more demanding than ever.

You’re up against a growing number of competitors. Meanwhile, your own

customers want their needs met in an instant.

It’s time to elevate the conversation. With a solution that empowers you

to differentiate your business and engage with your customers on any

device, through any channel, at exactly the right moment. One with the

flexibility to make the experience your own, and that can grow as your

business grows.

It’s Time to Elevate the Conversation

TRENDS IMPACTING CUSTOMER ENGAGEMENT & SUPPORT | 9

Page 12: 5 Trends Impacting Customer Engagement & Support · These digital natives are the most informed generation ever: less trusting, slower to . commit, and more demanding. Empowered by

It’s Time to Talk to Bold360

Contact Us to Learn More

[email protected]

TRENDS IMPACTING CUSTOMER ENGAGEMENT & SUPPORT | 10