Improving Customer Service Using Artificial Intelligence

Customer experience is rising to become the top priority of many business companies nowadays. The expectations of these customers with the services provided by an organization are also growing with each passing moment. The need is to have a system that can guarantee improved customer satisfaction, which is where Artificial Intelligence (AI) plays a vital role. Here is how we are improving customer service using AI.

Using the data, AI is being used to minimize the chances of errors while providing extremely accurate analysis and solutions.

More and more organizations are using AI to improve their customer interactions and experiences, by searching for immediate solutions and actions regarding opportunities that can boost customer experience and simultaneously provide them leverage over their respective competitors. Providing advantages over competitors help achieve goals such as; lower customer churn, higher revenues, less staff turnover, and increased growth.

There are five major areas where AI is currently collaborating with businesses all around the globe.

To help achieve better customer experience and satisfaction AI is working on:

  1. Customer Engagement
  2. Personalization
  3. Accuracy and Consistency
  4. Insight in Real-time
  5. Customer Service Analytics

Customer Engagement

AI can collect essential information on the customer {customer relationship management (CRM)} and make it immediately available to a particular agent. Making the information available helps the agents to engage with customers more comfortably and intelligently than ever before. It also saves customers from hours of waiting in queues to obtain information. Saving wait times has made the customer care process more manageable. All methods need to be comfortable for both the customers as well as the agents. Customer’s issues are resolved more quickly and efficiently. Additionally, tools such as urgency detection and sentimental analysis are used to help to detect urgent and emergency matters so that they can be dealt on a priority basis.

Personalization

Customer attention is a challenging issue to solve nowadays owing to the different Marketing Gimmicks of several Brands. In order to have your customer permanently engaged, customer service agents should be equipped with AI tools. These tools help them to map and analyze the experience that the customers are having and can predict how this experience can be improved by filling the loopholes. The need is to reach a level of deeper customer understanding, which can only be achieved with the help of AI. This information can help in developing business policies and goals that offer high personalization and relevant responses

Accuracy and Consistency

AI is powered with standard algorithms using machine learning that uses historical data. These algorithms help to attain more accurate information by analyzing vast amounts of data.  These massive amounts of data can be processed with zero error using AI.

Fast information processing is one way that AI can help in delivering precise and accurate analysis that can be relied upon. AI tools have more data crunching and processing power, and these tools can be applied to making predictions leading to more accurate insights.

Insight in Real-time

Artificial Intelligence is bringing more insightful and real data in no time with its power of interpreting both written and un-written texts.

These insights are used to provide safe, secure, and fast services. The combination of AI and data is contributing to the growth and financial health of many business institutions with:

  • Increased Outreach and interaction which helps in serving the customers more efficiently and effectively.
  • Intelligence about the needs of the customers.
  • Increase in the number of customer engagement.
  • Gaining more in-depth and better insights regarding the customer.

Artificial Intelligence can provide agents with the best possible responses based on the intelligence of the product and customer.

Customer Service Analytics

The best use of AI in business is customer service analytics. AI can help you in finding out the sentiments of the customers regarding the respective products.

The aspects of business based on data analysis can assist in analyzing customer services. Businesses can understand where they are going wrong and how they can better the business. These insights, in turn, provide customers with finely-tuned personalized services.

 

Original post: https://readwrite.com/2020/02/20/improving-customer-service-using-artificial-intelligence/

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