This post first appeared on Sprinklr‘s blog in June, 2024.
In a world where the cost of operating a business has skyrocketed, CEOs are all trying to make their dollars go further right now. One tool that has emerged as a game changer that can significantly enhance an organization’s efficiency and productivity is Generative AI (Gen AI).
Some of the more fascinating applications of Gen AI I’ve seen lately include:
But Customer Experience and Customer Service departments are also benefitting from Gen AI. It is enabling them to improve the experience they’re providing to customers while giving these departments capabilities they could only have dreamed of in the past at a fraction of the price.
Here are four ways Gen AI is being used to revolutionise the way organizations are interacting with their customers.
By integrating Gen AI with your customer data platform (CDP) or customer relationship management (CRM) system, AI algorithms can analyse customer data, allowing organisations to create hyper-personalised experiences. Some applications include:
Of course, when working with customer data to personalise CX, you need to ensure that it is handled securely and in compliance with privacy regulations.
One of the most challenging things about analysing feedback is extracting meaningful insights from large volumes of qualitative data. Now, customer insight managers can use Gen AI to do this difficult task for them. Different Gen AI models have different capacities for the amount of data you can analyse; ChatGPT 4.0 for example is very limited – it can only cope with ~1,300 words. For large quantities of feedback data, you might want to consider Google Gemini which has a capacity for ~166,000 words.
Once you’ve uploaded the feedback data, use a command like: “Analyse the uploaded customer feedback data and provide 5 key themes from the feedback including verbatims from the feedback to support the themes. Also provide 5 recommendations for how to improve the experience of respondents”. The output will identify areas for improvement and potentially what the organisation is doing well. It will also provide suggestions for how to improve customer experience that are based entirely on what customers have told you. As a CX Manager, if you really want to leverage the capabilities of Gen AI, you can then use it to write close-the-loop communications to respondents and even a summary email to your CEO.
One of the most well-known applications of Gen AI is chatbots that give customers round-the-clock support, addressing routine queries on websites and providing assistance even during non-business hours. This accessibility has the potential to enhance customer satisfaction by eliminating the frustration of waiting for human assistance. However, it also has the potential to detract from customer satisfaction if the chatbots have not been implemented well. In a 2023 survey of 1,554 consumers worldwide about their recent chatbot experiences, respondents gave their chatbot experiences an average rating of 6.4/10 or 64%. 50% of respondents said they often felt frustrated by their interactions with chatbots and nearly 40% of these interactions were said to be negative. So always give people the option to talk to a human.
There are a multitude of applications for Gen AI in contact centres that will make agents’ and supervisors’ lives easier and more productive. Here are a few:
Gen AI can be used to detect customer sentiment in real time during an interaction and when it detects a significant drop, can alert a supervisor enabling them to swoop in and save the day. Gen AI can also be used to identify training opportunities (such as when an agent demonstrates a specific behaviour) and to take note of customer complaints.
As you can see, Generative AI has a significant potential to improve customer satisfaction and positively impact an organisation’s efficiency and productivity. But, as with any technology, it’s critical that your strategy dictates the technology applications you use, not vice versa. When considering implementing Generative AI, start by looking at your business objectives and then determine how AI can help you achieve them. The tail (technology) should never be wagging the dog (business strategy).
Dr. Luke Soon once again collaborated with me on this post. Developed in 2003, NPS (Net Promoter Score) is a
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This post first appeared on Sprinklr's blog in June, 2024. In a world where the cost of operating a business
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This post is the result of a collaboration with Luke Soon. Many customer experience transformations stall because leaders can’t show how
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