Transforming CX: Top 5 Call Center Analytics For Better Experience

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Many successful businesses rely on call centers. With such technology available for the web, IVR, and other channels, such as platforms like VoIP being widely utilized for customer interactions, today's call center technology can be complex yet robust, working hand in hand for an enjoyable omnichannel customer journey experience. Communication media are expected to undergo rapid transformation. People will interact less in person and more via virtual channels such as voice and video chat apps.

The pandemic has dramatically impacted consumer shopping habits and company responses to consumers. While customer experience (CX) was once seen as the focal point for retail businesses competing to provide superior consumer experiences, customers now expect new forms of brand communication from companies with online sales platforms and remote workforces; agents must now serve consumers more comprehensively than ever before.

Call Center Analytics

What is call center analytics? Call center analytics involves gathering customer interaction data and processing it to gain helpful insight. Based on those insights, actions may be taken to enhance customer satisfaction ratings, meet service level agreements, improve products & services, and boost agents' overall performance levels.

Call center analytics are crucial tools that aim to compile and interpret customer data to reveal valuable insight about your organization's performance - this may include Customer Satisfaction (CSAT), revenue, customer effort score retention rates or service-level agreement (SLA) performance measures.

Customer analytics examine multiple customer-related data sources to detect customer trends and interaction opportunities to serve as sources for modeling. Analytic techniques may be either predictive or historical; sources include customer feedback, demographic information, behavior-tracking data and purchase history records.

Productive employees are essential in creating exceptional customer experiences. As online interactions increase exponentially, call centers must develop and retain workforces capable of keeping pace with this increased volume of calls. Call center analytics are integral in tracking, optimizing and improving team member productivity - ultimately adding to increased overall productivity at their call centers and customer satisfaction, loyalty and engagement.

How Is CX Being Influenced By Call Center Analytics?

Call center analytics have transformed their role from being primary providers of services to becoming powerful differentiators that drive significant increases in customer experience and financial performance.

Organizations using analytics have demonstrated they can reduce average customer handle times by 40 per cent average, improve self-service containment rates by 5 to 20% and cut staff costs up to $5 million while increasing the conversion rate on service-to-calls by nearly 50 per cent while improving CX and employee engagement at their call centers.

Call center analytics are just one component of an overall improvement program for call centers; others may include operational changes such as coaching or streamlining processes. They remain an indispensable asset that companies should leverage.

Call Center Analytics Approaches For Enhancing CX

Here are some approaches for Enhancing customer experience in Call Center Analytics:

Effective Workforce Administration

Agents mustn't become overworked as part of efforts to boost productivity metrics. Call center analytics are invaluable as they identify patterns such as reasons behind calls, call volume analyses and agent occupancy monitoring.

Based on a thorough call analysis, actions can be taken in support of agents that could include using self-service channels for agent assistance, optimizing automatic call distribution, training agents on how to reduce average handling times through training opportunities and increasing coaching opportunities, and expanding skills-based routing opportunities.

As a result, interactions in queues will decrease significantly, and customer satisfaction and frustration will rise accordingly. Furthermore, effective agent utilization ensures increased overall contact center productivity and adds up to improved contact center profitability.

Predictive Analysis

With predictive analysis, call centers can gain an edge when dealing with customer concerns during high-rush episodes by analyzing all available data. Call centers can utilize predictive data modeling to quickly identify areas for improvement and take appropriate actions such as hiring more staff, training team members and optimizing essential resources.

With predictive modeling data analysis as their backbone, call centers are better prepared to identify churn risk while managing high demands or new product launch peaks during their busy seasons and launches.

Enhance Strategic Decision-Making

Maintaining productivity can become challenging without accurate, well-timed, data-driven decisions to guide decision-making processes in call centers. Call center analytics supports this effort to determine effective decision-making processes and calibrate decisions accordingly.

Contact centers must embrace data-driven decision-making. Call center analytics allows organizations to communicate insights gleaned from business data that give leaders visibility into critical metrics impacting agent performance and customer experience - and their causes - and provide evidence-backed decisions based on analysis.

Focusing solely on interactions isn't enough; call centers need a customer-first strategy that meets expectations from every angle and fulfills every promise made to customers. Relying on call center analytics for success means touching every facet of an ideal call center- from customer satisfaction and rising overall productivity levels to increasing overall productivity.

Get To The Core Of An Interaction

Customers contacting your business, even for seemingly innocuous purposes, become an invaluable data source about its operations and success. While contact centers tend to deflect such contacts via low-cost channels without necessarily looking deeper into the root causes of each interaction, root cause analytics can reveal fundamental issues that, if addressed, can reduce overall interaction volume and call times while increasing customer satisfaction significantly.

Root cause analytics may reveal a need to make changes outside the contact center, including streamlining marketing communications across channels, redesigning bill layout, making Web self-service brighter and issuing proactive alerts.

Self-Service Can And Should Be Intelligent

Companies and customers both desire self-service tools. These may take the form of FAQs, searchable knowledge bases or avatars and help reduce hold times and abandonment rates by enabling customers to explore topics independently and find their answers. But many self-service options powered by artificial intelligence (AI) are often inept at meeting customer expectations - offering irrelevant solutions or too many possibilities, leaving customers frustrated and exasperated.

Text analytics and speech analytics software enables self-service tools to provide highly accurate responses to customer inquiries. As these automated systems learn from historical data sets over time, their accuracy improves. However, their one prerequisite for operation is an extensive knowledge base; when used effectively, intelligent self-service can serve as an excellent deflection strategy by decreasing call volumes significantly.

Call Center Analytics Types

First off, let's begin with some good news: there is plenty of call data out there for us to utilize, from call timers and first call resolution to speech analytics - everything from call times, first call resolution, and speech analytics are available and measurable so as to provide better customer experiences.

Now comes the tricky part. Instead of tracking 20 different metrics simultaneously, focus on the five that matter most to keep yourself and your team from feeling overwhelmed by analytics. Your call center and support team could collect anywhere between several hundred to millions of minutes of call time daily, so let's review types of call center analytics are available to you:

Business Intelligence

Business intelligence involving customer relationship data such as revenue, churn risk and past touchpoints provides your team with insights about the customer's value to your organization. It allows call center agents to better understand the customer journeys and tailor interactions based on these actionable insights.

Interaction Analytics

Interaction analytics imply real-time and historical information regarding how well your contact center operates, including response times, abandoned calls, resolution timeframe and transfer rates. Interaction analytics are ideal for detecting trends and being used individually to track agent performance.

Speech Analytics

Call center speech analytics tracks positive and negative keywords from customer conversations pulled directly from call recordings. While traditionally, this required listening and analyzing hundreds of hours of discussion by hand, modern conversation artificial intelligence (AI) technologies enable it to take this task over automatically.

Customer Surveys

Post-call surveys provide another powerful data source to expand on the effectiveness of your analytics. By automating satisfaction surveys to measure Net Promoter Score (NPS)and Customer Satisfaction Index Score (CSAT), post-call surveys offer insight into customer reactions after recent interactions and can reveal engagement levels and satisfaction scores (both NPS & CSAT) among your customer base. Even survey completion itself serves as evidence that they were engaged.

Predictive Analytics

Most data shows what has already occurred; predictive call center analytics offer insight into what could happen next. Think of predictive call center analytics as customer support's crystal ball. Staffing predictions can become more efficient by analyzing historical data and applying forward-thinking models. For instance, look at your call volume report and align team schedules with those days and times when call volume spikes the most.

Read More: Mastering Customer Support: Creating a Customer-Centric Experience Through Exceptional Service

Call Center Analytics Best Practices

With so much customer data, organizations face the opportunity and challenge of creating an accurate 360-degree customer view that leads to actionable insights and decisions. While this might initially sound difficult, our call center business intelligence consulting specialists have developed some best practices that simplify this complex task into meaningful customer insights.

Do Not Confuse Parts For Wholes

Data can both provide insightful answers and be an obstacle to getting them. While connecting disparate data might not always be simple, call center analytics software that incorporates structured and unstructured forms can assist employees with providing information and making data-based decisions.

Have A Call Center Analytics Provider Help You Optimize The Efficiency

Even companies replete with data may need assistance optimizing their insights or eliminating data blind spots. Customer-focused call center analytics firms offer solutions by consolidating digital and offline customer information into one architecture to comprehensively analyze customer needs, behaviors, and preferences.

When It Comes To Calling Center Data, Sometimes Less Is More

How can you decide what insights to pursue, when, and for how long? Set smaller yet realistic goals when selecting insights. Utilize a prioritization framework to prioritize them according to their relevance - such as what types of understanding your team hopes to obtain first or which are likely to offer immediate versus long-term benefits; which data exists and any gaps need filling; answering such queries early will make your plan much simpler.

Make Sure That Employees Can Act Upon Insights Gained

Insights gained through analytics are only helpful if deployed to enhance agent productivity. Yet, few employees are prepared to incorporate analysis, data, and evidence-based reasoning into their decision-making processes regularly. Data-driven decisions and insights can lead to superior customer experiences that set you apart as a brand if the correct strategies, technologies and people are deployed for such use.

Empower And Transform The Frontline Contact Center Associates

Too often, call center agents experience high attrition; working under high-stress levels in an environment perceived solely as costly by companies can dramatically decrease performance. Instead, contact center associates should be seen as employees capable of earning customer trust during critical moments when customers exert emotional energy. These interactions have significant potential impactful business results if completed.

Some examples of such moments include missing a vital meeting flight, losing credit cards while traveling overseas or getting stuck late at night in unfamiliar territory. Technological solutions alone won't do in these circumstances - complex solutions need to be found that create emotional bonds; emotionally intelligent frontline employees equipped with technology and data are best trained to excel as brand stewards during these fragile service interactions and drive sustainable differentiation within organizations. Take the time to identify who within your organization has the emotional intelligence needed to lead those critical service interactions successfully and create sustainable differentiation within an organization.

Determine The Appropriate Channels For Customer Interactions

Many companies are optimizing contact center interactions by assigning specific interactions to specific channels and using analytics tools as part of the workflow decision-making process for customer calls. Four factors to keep an eye on for proper routing decisions when assigning customer calls include their channel preferences, profiles and behaviors. At extremely crucial moments of truth, only high-complexity interactions should be handled directly by live employees; any others should be directed toward lower-cost channels like self-service, chat or SMS.

Acknowledging Customer Journeys Across Channels

Modern call centers operate within separate channels - sometimes even within individual tracks. Complex, multichannel contact centers often lack the solutions to analyze customer data quickly and effectively. While such centers may provide better insight into their customers' journeys, they cannot access analytics solutions that enable practical data analysis and reporting capabilities.

Without adequate contact center analytics software, companies miss out on effectively meeting customers' current needs and queries and anticipating their upcoming ones. Senior leaders often appreciate the challenges presented by multichannel solutions and desire to transform them into actual omnichannel experiences. However, they are constrained by costly legacy infrastructure supporting their contact centers, preventing them from providing a comprehensive view of all relevant contact center analytics.

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Conclusion

An agent's performance at the call center can be one of the key drivers behind CRM and an enjoyable customer journey through outsourced customer services, yet it can also be its biggest obstacle. Therefore, using call center analytics in real time to track agent activity can provide invaluable insight.

Data-driven advanced performance analytics software takes many variables out of creating the optimal agent/customer relationship experience. Companies using an amalgam of the above types of analytics can determine which languages and behaviors help contact call agents reach their targeted goals and KPIs (Key Performance Indicators).