SlideShare a Scribd company logo
1 of 9
Making the Move From
Cost Center to Profit Center
March 2022
© LiveVox 2022
PROPRIETARY AND CONFIDENTIAL
2
COVID changed expectations —
digital channels are the new
meeting place.
Customers want speed &
convenience. Digital and self-
service are preferred.
Contact centers are poised
for increased profitability if
they engage strategically.
The Contact Center is the Face of Your Business
© LiveVox 2022
PROPRIETARY AND CONFIDENTIAL
3
STOP Trying to Delight Your Customers
3 Questions:
• How important is customer service to loyalty?
• Which customer service activities increase loyalty, and which don’t?
• Can companies increase loyalty without raising their customer service operating costs?
© LiveVox 2022
PROPRIETARY AND CONFIDENTIAL
4
STOP Trying to Delight Your Customers
89 of 100
Survey Results The Findings
Customer Service Leaders said that their main
goal is to exceed expectations.
84% of Consumers said that their
expectations had not been exceeded
Customer Delight Customer Loyalty
Intense focus on this insight results in
improved CSAT, Decreased Costs to Serve
and Reduced Customer Churn
© LiveVox 2022
PROPRIETARY AND CONFIDENTIAL
5
STOP Trying to Delight Your Customers
Purchase Loyalty
Product/Brand Service
© LiveVox 2022
PROPRIETARY AND CONFIDENTIAL
6
Reducing Customer LOE
Success Stories
Used customer sentiment &
intents to improve service
Feedback reviewed & offers
adjusted accordingly
Personalized cross-channel
digital engagement
Streamlined digital
channels employed
Reduced friction & increased
customer satisfaction
Contact rates increased
© LiveVox 2022
PROPRIETARY AND CONFIDENTIAL
7
© LiveVox 2020
PROPRIETARY AND CONFIDENTIAL
8
LiveVox’s Integrated Platform and the 4 Pillars
Experience As A Service
Agent
Experience
Customer
Experience
Risk
Mitigation
"Turning Your Contact Center into a Profit Center"

More Related Content

Similar to "Turning Your Contact Center into a Profit Center"

2nd shift customer care evening solutions presentation powerpoint
2nd shift customer care evening solutions presentation powerpoint2nd shift customer care evening solutions presentation powerpoint
2nd shift customer care evening solutions presentation powerpointInfinity Contact
 
Employee Inspiration: How to Create Energy That Drives Better Customer Outcomes
Employee Inspiration: How to Create Energy That Drives Better Customer OutcomesEmployee Inspiration: How to Create Energy That Drives Better Customer Outcomes
Employee Inspiration: How to Create Energy That Drives Better Customer OutcomesQualtrics
 
CRM for the Digital Age
CRM for the Digital AgeCRM for the Digital Age
CRM for the Digital AgeCGIBelgium
 
The Customer Success Nuances of On Premise Solutions
The Customer Success Nuances of On Premise SolutionsThe Customer Success Nuances of On Premise Solutions
The Customer Success Nuances of On Premise SolutionsGainsight
 
Organization’s readiness to deliver on customer experience
Organization’s readiness to deliver on customer experienceOrganization’s readiness to deliver on customer experience
Organization’s readiness to deliver on customer experiencebjornbierhaalder
 
Why Your Customer HealthScore is Useless and How to Overcome It
Why Your Customer HealthScore is Useless and How to Overcome ItWhy Your Customer HealthScore is Useless and How to Overcome It
Why Your Customer HealthScore is Useless and How to Overcome ItBoaz S. Maor
 
Five Customer Performance Metrics You Should Be Tracking
Five Customer Performance Metrics You Should Be TrackingFive Customer Performance Metrics You Should Be Tracking
Five Customer Performance Metrics You Should Be TrackingSatrix Solutions
 
Chop Customer Churn! A webinar for SaaS companies, Sept 2013
Chop Customer Churn! A webinar for SaaS companies, Sept 2013Chop Customer Churn! A webinar for SaaS companies, Sept 2013
Chop Customer Churn! A webinar for SaaS companies, Sept 2013CustomerGauge
 
Brandfire 9 point Checklist for Loyalty Programme
Brandfire 9 point Checklist for Loyalty ProgrammeBrandfire 9 point Checklist for Loyalty Programme
Brandfire 9 point Checklist for Loyalty ProgrammeEoin Graham
 
Make 2016 the Year You Conquer Customer Success
Make 2016 the Year You Conquer Customer SuccessMake 2016 the Year You Conquer Customer Success
Make 2016 the Year You Conquer Customer SuccessGainsight
 
Case Competition Document
Case Competition DocumentCase Competition Document
Case Competition DocumentMeghan Sowersby
 
Google Analytics Konferenz 2018_ What Your Google Analytics Data Isn't Tellin...
Google Analytics Konferenz 2018_ What Your Google Analytics Data Isn't Tellin...Google Analytics Konferenz 2018_ What Your Google Analytics Data Isn't Tellin...
Google Analytics Konferenz 2018_ What Your Google Analytics Data Isn't Tellin...e-dialog GmbH
 
160831 webinar on customer satisfaction (public)
160831 webinar on customer satisfaction (public)160831 webinar on customer satisfaction (public)
160831 webinar on customer satisfaction (public)Malia Bachesta
 
5 Reasons to Improve Your Customer Experience in Your Avaya Contact Center
5 Reasons to Improve Your Customer Experience in Your Avaya Contact Center5 Reasons to Improve Your Customer Experience in Your Avaya Contact Center
5 Reasons to Improve Your Customer Experience in Your Avaya Contact CenterSpoken Communications
 
Customer loyalty program for chevrolet
Customer loyalty program for chevroletCustomer loyalty program for chevrolet
Customer loyalty program for chevroletBharath Karthikeyan
 
Tasty Tech: 3 Proven Recipes for Increasing Loyalty and Retention
Tasty Tech: 3 Proven Recipes for Increasing Loyalty and RetentionTasty Tech: 3 Proven Recipes for Increasing Loyalty and Retention
Tasty Tech: 3 Proven Recipes for Increasing Loyalty and RetentionTealium
 
Implications of Analytics in Telecommunications industry
Implications of Analytics in Telecommunications industry  Implications of Analytics in Telecommunications industry
Implications of Analytics in Telecommunications industry Namita Joseph
 
Right set of digital balance in b2b customer experience mckinsey 2017 review
Right set of digital balance in b2b customer experience mckinsey 2017 reviewRight set of digital balance in b2b customer experience mckinsey 2017 review
Right set of digital balance in b2b customer experience mckinsey 2017 reviewRohith Pushpa Raju Mastebhakthi
 
Massive Operating Efficiencies of the Digital Customer Experience
Massive Operating Efficiencies of the Digital Customer ExperienceMassive Operating Efficiencies of the Digital Customer Experience
Massive Operating Efficiencies of the Digital Customer ExperienceCourse5i
 
How to Build a Customer Journey That's Outside-In not Inside-Out
How to Build a Customer Journey That's Outside-In not Inside-OutHow to Build a Customer Journey That's Outside-In not Inside-Out
How to Build a Customer Journey That's Outside-In not Inside-OutGainsight
 

Similar to "Turning Your Contact Center into a Profit Center" (20)

2nd shift customer care evening solutions presentation powerpoint
2nd shift customer care evening solutions presentation powerpoint2nd shift customer care evening solutions presentation powerpoint
2nd shift customer care evening solutions presentation powerpoint
 
Employee Inspiration: How to Create Energy That Drives Better Customer Outcomes
Employee Inspiration: How to Create Energy That Drives Better Customer OutcomesEmployee Inspiration: How to Create Energy That Drives Better Customer Outcomes
Employee Inspiration: How to Create Energy That Drives Better Customer Outcomes
 
CRM for the Digital Age
CRM for the Digital AgeCRM for the Digital Age
CRM for the Digital Age
 
The Customer Success Nuances of On Premise Solutions
The Customer Success Nuances of On Premise SolutionsThe Customer Success Nuances of On Premise Solutions
The Customer Success Nuances of On Premise Solutions
 
Organization’s readiness to deliver on customer experience
Organization’s readiness to deliver on customer experienceOrganization’s readiness to deliver on customer experience
Organization’s readiness to deliver on customer experience
 
Why Your Customer HealthScore is Useless and How to Overcome It
Why Your Customer HealthScore is Useless and How to Overcome ItWhy Your Customer HealthScore is Useless and How to Overcome It
Why Your Customer HealthScore is Useless and How to Overcome It
 
Five Customer Performance Metrics You Should Be Tracking
Five Customer Performance Metrics You Should Be TrackingFive Customer Performance Metrics You Should Be Tracking
Five Customer Performance Metrics You Should Be Tracking
 
Chop Customer Churn! A webinar for SaaS companies, Sept 2013
Chop Customer Churn! A webinar for SaaS companies, Sept 2013Chop Customer Churn! A webinar for SaaS companies, Sept 2013
Chop Customer Churn! A webinar for SaaS companies, Sept 2013
 
Brandfire 9 point Checklist for Loyalty Programme
Brandfire 9 point Checklist for Loyalty ProgrammeBrandfire 9 point Checklist for Loyalty Programme
Brandfire 9 point Checklist for Loyalty Programme
 
Make 2016 the Year You Conquer Customer Success
Make 2016 the Year You Conquer Customer SuccessMake 2016 the Year You Conquer Customer Success
Make 2016 the Year You Conquer Customer Success
 
Case Competition Document
Case Competition DocumentCase Competition Document
Case Competition Document
 
Google Analytics Konferenz 2018_ What Your Google Analytics Data Isn't Tellin...
Google Analytics Konferenz 2018_ What Your Google Analytics Data Isn't Tellin...Google Analytics Konferenz 2018_ What Your Google Analytics Data Isn't Tellin...
Google Analytics Konferenz 2018_ What Your Google Analytics Data Isn't Tellin...
 
160831 webinar on customer satisfaction (public)
160831 webinar on customer satisfaction (public)160831 webinar on customer satisfaction (public)
160831 webinar on customer satisfaction (public)
 
5 Reasons to Improve Your Customer Experience in Your Avaya Contact Center
5 Reasons to Improve Your Customer Experience in Your Avaya Contact Center5 Reasons to Improve Your Customer Experience in Your Avaya Contact Center
5 Reasons to Improve Your Customer Experience in Your Avaya Contact Center
 
Customer loyalty program for chevrolet
Customer loyalty program for chevroletCustomer loyalty program for chevrolet
Customer loyalty program for chevrolet
 
Tasty Tech: 3 Proven Recipes for Increasing Loyalty and Retention
Tasty Tech: 3 Proven Recipes for Increasing Loyalty and RetentionTasty Tech: 3 Proven Recipes for Increasing Loyalty and Retention
Tasty Tech: 3 Proven Recipes for Increasing Loyalty and Retention
 
Implications of Analytics in Telecommunications industry
Implications of Analytics in Telecommunications industry  Implications of Analytics in Telecommunications industry
Implications of Analytics in Telecommunications industry
 
Right set of digital balance in b2b customer experience mckinsey 2017 review
Right set of digital balance in b2b customer experience mckinsey 2017 reviewRight set of digital balance in b2b customer experience mckinsey 2017 review
Right set of digital balance in b2b customer experience mckinsey 2017 review
 
Massive Operating Efficiencies of the Digital Customer Experience
Massive Operating Efficiencies of the Digital Customer ExperienceMassive Operating Efficiencies of the Digital Customer Experience
Massive Operating Efficiencies of the Digital Customer Experience
 
How to Build a Customer Journey That's Outside-In not Inside-Out
How to Build a Customer Journey That's Outside-In not Inside-OutHow to Build a Customer Journey That's Outside-In not Inside-Out
How to Build a Customer Journey That's Outside-In not Inside-Out
 

More from Advanced Technology Consulting (ATC)

More from Advanced Technology Consulting (ATC) (20)

Cloud Managed Services: Best Practices
Cloud Managed Services: Best PracticesCloud Managed Services: Best Practices
Cloud Managed Services: Best Practices
 
Racing + Cloud
Racing + CloudRacing + Cloud
Racing + Cloud
 
Navigating Cloud and Multi-Cloud
Navigating Cloud and Multi-CloudNavigating Cloud and Multi-Cloud
Navigating Cloud and Multi-Cloud
 
ATC Delta Dinner - SOB 2022
ATC Delta Dinner - SOB 2022ATC Delta Dinner - SOB 2022
ATC Delta Dinner - SOB 2022
 
"Navigate the MDR Marketplace Like a Pro!"
 "Navigate the MDR Marketplace Like a Pro!" "Navigate the MDR Marketplace Like a Pro!"
"Navigate the MDR Marketplace Like a Pro!"
 
"Building Forward, Hybrid Workplaces & UCaaS"
  "Building Forward, Hybrid Workplaces & UCaaS"  "Building Forward, Hybrid Workplaces & UCaaS"
"Building Forward, Hybrid Workplaces & UCaaS"
 
Optimizing Your Hybrid IT Strategy
Optimizing Your Hybrid IT StrategyOptimizing Your Hybrid IT Strategy
Optimizing Your Hybrid IT Strategy
 
"AI and the Customer Experience (CX)"
"AI and the Customer Experience (CX)""AI and the Customer Experience (CX)"
"AI and the Customer Experience (CX)"
 
Hybrid Work Models, Anywhere Operations and Security
Hybrid Work Models, Anywhere Operations and SecurityHybrid Work Models, Anywhere Operations and Security
Hybrid Work Models, Anywhere Operations and Security
 
ATC Delta Elite Dinner - 4.15.21 - Jags
ATC Delta Elite Dinner - 4.15.21 - JagsATC Delta Elite Dinner - 4.15.21 - Jags
ATC Delta Elite Dinner - 4.15.21 - Jags
 
Digital Transformation of LAN Infrastructure
Digital Transformation of  LAN InfrastructureDigital Transformation of  LAN Infrastructure
Digital Transformation of LAN Infrastructure
 
Building Cyber Resilience: No Safe Harbor
Building Cyber Resilience: No Safe HarborBuilding Cyber Resilience: No Safe Harbor
Building Cyber Resilience: No Safe Harbor
 
Digital Transformation of LAN Infrastructure
Digital Transformation of  LAN InfrastructureDigital Transformation of  LAN Infrastructure
Digital Transformation of LAN Infrastructure
 
Microsoft Teams' Direct Routing for UCaaS and CCaaS
Microsoft Teams' Direct Routing for UCaaS and CCaaSMicrosoft Teams' Direct Routing for UCaaS and CCaaS
Microsoft Teams' Direct Routing for UCaaS and CCaaS
 
The CIO Circle Executive Briefing featuring Zoom and 8x8
The CIO Circle Executive Briefing featuring Zoom and 8x8The CIO Circle Executive Briefing featuring Zoom and 8x8
The CIO Circle Executive Briefing featuring Zoom and 8x8
 
Cybersecurity Concerns You Should be Thinking About
Cybersecurity Concerns You Should be Thinking AboutCybersecurity Concerns You Should be Thinking About
Cybersecurity Concerns You Should be Thinking About
 
CCaaS Takes Center Stage
CCaaS Takes Center StageCCaaS Takes Center Stage
CCaaS Takes Center Stage
 
SD-WAN - comSpark 2019
SD-WAN - comSpark 2019SD-WAN - comSpark 2019
SD-WAN - comSpark 2019
 
SOC-as-a-Service - comSpark 2019
SOC-as-a-Service - comSpark 2019SOC-as-a-Service - comSpark 2019
SOC-as-a-Service - comSpark 2019
 
The CIO's Journey to the Cloud: Cloud Hero or Cloud Zero
The CIO's Journey to the Cloud: Cloud Hero or Cloud ZeroThe CIO's Journey to the Cloud: Cloud Hero or Cloud Zero
The CIO's Journey to the Cloud: Cloud Hero or Cloud Zero
 

Recently uploaded

A Beginners Guide to Building a RAG App Using Open Source Milvus
A Beginners Guide to Building a RAG App Using Open Source MilvusA Beginners Guide to Building a RAG App Using Open Source Milvus
A Beginners Guide to Building a RAG App Using Open Source MilvusZilliz
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAndrey Devyatkin
 
ICT role in 21st century education and its challenges
ICT role in 21st century education and its challengesICT role in 21st century education and its challenges
ICT role in 21st century education and its challengesrafiqahmad00786416
 
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingEdi Saputra
 
Manulife - Insurer Transformation Award 2024
Manulife - Insurer Transformation Award 2024Manulife - Insurer Transformation Award 2024
Manulife - Insurer Transformation Award 2024The Digital Insurer
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Drew Madelung
 
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, AdobeApidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobeapidays
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc
 
"I see eyes in my soup": How Delivery Hero implemented the safety system for ...
"I see eyes in my soup": How Delivery Hero implemented the safety system for ..."I see eyes in my soup": How Delivery Hero implemented the safety system for ...
"I see eyes in my soup": How Delivery Hero implemented the safety system for ...Zilliz
 
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...apidays
 
Apidays Singapore 2024 - Modernizing Securities Finance by Madhu Subbu
Apidays Singapore 2024 - Modernizing Securities Finance by Madhu SubbuApidays Singapore 2024 - Modernizing Securities Finance by Madhu Subbu
Apidays Singapore 2024 - Modernizing Securities Finance by Madhu Subbuapidays
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Miguel Araújo
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century educationjfdjdjcjdnsjd
 
Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherRemote DBA Services
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processorsdebabhi2
 
MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024MIND CTI
 
Navi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot Model
Navi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot ModelNavi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot Model
Navi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot ModelDeepika Singh
 
Boost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfBoost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfsudhanshuwaghmare1
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...apidays
 
FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024The Digital Insurer
 

Recently uploaded (20)

A Beginners Guide to Building a RAG App Using Open Source Milvus
A Beginners Guide to Building a RAG App Using Open Source MilvusA Beginners Guide to Building a RAG App Using Open Source Milvus
A Beginners Guide to Building a RAG App Using Open Source Milvus
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of Terraform
 
ICT role in 21st century education and its challenges
ICT role in 21st century education and its challengesICT role in 21st century education and its challenges
ICT role in 21st century education and its challenges
 
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
 
Manulife - Insurer Transformation Award 2024
Manulife - Insurer Transformation Award 2024Manulife - Insurer Transformation Award 2024
Manulife - Insurer Transformation Award 2024
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
 
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, AdobeApidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
 
"I see eyes in my soup": How Delivery Hero implemented the safety system for ...
"I see eyes in my soup": How Delivery Hero implemented the safety system for ..."I see eyes in my soup": How Delivery Hero implemented the safety system for ...
"I see eyes in my soup": How Delivery Hero implemented the safety system for ...
 
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
 
Apidays Singapore 2024 - Modernizing Securities Finance by Madhu Subbu
Apidays Singapore 2024 - Modernizing Securities Finance by Madhu SubbuApidays Singapore 2024 - Modernizing Securities Finance by Madhu Subbu
Apidays Singapore 2024 - Modernizing Securities Finance by Madhu Subbu
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century education
 
Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a Fresher
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processors
 
MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024
 
Navi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot Model
Navi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot ModelNavi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot Model
Navi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot Model
 
Boost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfBoost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdf
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
 
FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024
 

"Turning Your Contact Center into a Profit Center"

  • 1. Making the Move From Cost Center to Profit Center March 2022
  • 2. © LiveVox 2022 PROPRIETARY AND CONFIDENTIAL 2 COVID changed expectations — digital channels are the new meeting place. Customers want speed & convenience. Digital and self- service are preferred. Contact centers are poised for increased profitability if they engage strategically. The Contact Center is the Face of Your Business
  • 3. © LiveVox 2022 PROPRIETARY AND CONFIDENTIAL 3 STOP Trying to Delight Your Customers 3 Questions: • How important is customer service to loyalty? • Which customer service activities increase loyalty, and which don’t? • Can companies increase loyalty without raising their customer service operating costs?
  • 4. © LiveVox 2022 PROPRIETARY AND CONFIDENTIAL 4 STOP Trying to Delight Your Customers 89 of 100 Survey Results The Findings Customer Service Leaders said that their main goal is to exceed expectations. 84% of Consumers said that their expectations had not been exceeded Customer Delight Customer Loyalty Intense focus on this insight results in improved CSAT, Decreased Costs to Serve and Reduced Customer Churn
  • 5. © LiveVox 2022 PROPRIETARY AND CONFIDENTIAL 5 STOP Trying to Delight Your Customers Purchase Loyalty Product/Brand Service
  • 6. © LiveVox 2022 PROPRIETARY AND CONFIDENTIAL 6 Reducing Customer LOE Success Stories Used customer sentiment & intents to improve service Feedback reviewed & offers adjusted accordingly Personalized cross-channel digital engagement Streamlined digital channels employed Reduced friction & increased customer satisfaction Contact rates increased
  • 7. © LiveVox 2022 PROPRIETARY AND CONFIDENTIAL 7
  • 8. © LiveVox 2020 PROPRIETARY AND CONFIDENTIAL 8 LiveVox’s Integrated Platform and the 4 Pillars Experience As A Service Agent Experience Customer Experience Risk Mitigation