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Implementing cross-channel analytics to improve customer loyalty
Published on March 2010

                                                                                                           Report Summary

The increased consumer adoption of smartphones, more pervasive Wi-Fi and dissatisfaction with traditional customer-service
channels are all driving customers to web self-service. In addition web tools, such as social media and web chat, are hives for
customers to share information. Customers often use more than one channel to find information before calling a customer-service
representative. This means customers now call contact centers when they have more complex queries or time-sensitive requests. At
the same time, enterprises have been on a cost-cutting tear, tightening IT budgets. They are heavily focused on improving customer
retention and upping customer satisfaction. Enterprises need to get a better handle on how customers use different channels and how
to optimize the experience across them. The emerging cross-channel analytics market will be key in helping enterprises improve
channel disparity and customer service.




                                                                                                            Table of Content

Executive summary
In a nutshell
Recommendations
Enterprises should use analytics to better understand customer needs and improve satisfaction
Contact center vendors need to address enterprises' multichannel needs by integrating cross-channel analytics
Analysis
Customer interaction is changing
Defining multichannel and cross-channel analytics
The evolving multichannel contact center
Consumer behavior is changing with the convergence of web and mobile
Enterprises are evolving to understand customer needs and improve satisfaction rates
Contact center vendors provide a number of different analytics solutions and are developing greater multichannel capabilities
Drivers for adoption of cross-channel analytics
Enterprises are grappling with multichannel challenges
The top benefits of cross-channel analytics are improved operational efficiency and customer retention




List of Figures
Figure 1: Consumers' favored channel preferences for customer service
Figure 2: Enterprises' major multichannel challenges




Implementing cross-channel analytics to improve customer loyalty                                                                Page 1/4
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Implementing cross-channel analytics to improve customer loyalty

  • 1. Find Industry reports, Company profiles ReportLinker and Market Statistics >> Get this Report Now by email! Implementing cross-channel analytics to improve customer loyalty Published on March 2010 Report Summary The increased consumer adoption of smartphones, more pervasive Wi-Fi and dissatisfaction with traditional customer-service channels are all driving customers to web self-service. In addition web tools, such as social media and web chat, are hives for customers to share information. Customers often use more than one channel to find information before calling a customer-service representative. This means customers now call contact centers when they have more complex queries or time-sensitive requests. At the same time, enterprises have been on a cost-cutting tear, tightening IT budgets. They are heavily focused on improving customer retention and upping customer satisfaction. Enterprises need to get a better handle on how customers use different channels and how to optimize the experience across them. The emerging cross-channel analytics market will be key in helping enterprises improve channel disparity and customer service. Table of Content Executive summary In a nutshell Recommendations Enterprises should use analytics to better understand customer needs and improve satisfaction Contact center vendors need to address enterprises' multichannel needs by integrating cross-channel analytics Analysis Customer interaction is changing Defining multichannel and cross-channel analytics The evolving multichannel contact center Consumer behavior is changing with the convergence of web and mobile Enterprises are evolving to understand customer needs and improve satisfaction rates Contact center vendors provide a number of different analytics solutions and are developing greater multichannel capabilities Drivers for adoption of cross-channel analytics Enterprises are grappling with multichannel challenges The top benefits of cross-channel analytics are improved operational efficiency and customer retention List of Figures Figure 1: Consumers' favored channel preferences for customer service Figure 2: Enterprises' major multichannel challenges Implementing cross-channel analytics to improve customer loyalty Page 1/4
  • 2. Find Industry reports, Company profiles ReportLinker and Market Statistics Implementing cross-channel analytics to improve customer loyalty Page 2/4
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