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Chatbots: Empowering Customer Service Amid Turbulent Times

Team Support

Chatbots are fast becoming part of the digital core of tech tools that companies utilize as a secret weapon to increase their competitive advantage in the customer service arena. What Are Chatbots Chatbots are a chat software tool that mimic human conversation to efficiently perform routine tasks.

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Is a Digital-Only Strategy Right for Your Business?

CSM Magazine

As Frontier Airlines embarks on its first full year of a digital-only strategy, James O’Hare, MD of LINK Mobility , looks at whether it’s right for every business. . At the end of last year, Frontier Airlines announced it was moving to a digital-only customer service model. billion as we go into 2023, and 10 billion by 2027.

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How using data analytics in private equity can better inform portfolio strategies in a downturn

West Monroe

By getting a more holistic picture of their customers’ preferences, private equity firms will be able to act on these metrics and make decisions that reinforce long-term profitability. Understanding what customers are willing to withstand is critical, especially in an environment where new customers may not be coming in.

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7 Advertising Strategies That Can Work During A Slowdown

SurveySparrow

Here we’ve shared seven creative advertising strategies for you. You see, when you invest in advertising and show up in front of your customers during a crisis, they’ll remember your brand. And when everything ends, and your customers gain money, they’ll go to your company first. . So, what’s the wait?

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3 Emerging Ecommerce Trends to Keep an Eye on in 2021

Oracle

Ecommerce has assumed an even larger role over the past year as the effects of the global pandemic have pushed almost every customer-facing business into the online world. What does this mean for companies seeking to hone their marketing edge? AI adds a human element. billion to be spent on AI by global retailers by the end of the year.

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Top 5 AI-driven Customer Service Trends To Watch in 2022

CSM Magazine

The quality of your customer service plays a pivotal role in making or breaking your brand. As per Hubspot’s research, about 93% of customers return to brands with outstanding customer service. This data clearly elucidates the power of great customer service. 5 Best AI-driven Customer Service Trends in 2022.

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Intelligent Automation in Call Centers: A Paradigm Shift in Customer Service Excellence

NobelBiz

Contact centers serve as the lifeblood of customer service for countless businesses, and the integration of intelligent automation holds the key to unlocking their full potential. The estimated value of the global contact center software market by 2027 is $110 billion , according to Replicant. alone by 2040.