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NICE SERVICE TO
SALES
August, 2013
Managing any Business is a Complex Operation
The ultimate goal is to grow business

2
Increased Revenues from Inbound Interactions

Realize the revenue
potential of
interactions you
already have today
3
Challenges along the Way
“But I just told you that
I’m moving, weren’t you
listening?!”

“Try me again
tomorrow, this is not
a good time”

Sale

Customer
Problem

“Stop calling and spamming
me”

C USTOMER
4
Challenges along the Way
Bigger
Wallet
Share

Don’t own the contact
center channel, have little
influence on it
Hard to run consistent
and effective crosschannel campaigns

M ARKETING
Marketing
Challenges
5
Challenges along the Way

“How much talktime should I
spend selling? I
need to meet my
Sale
AHT goals”

“I don’t know
how to sell”

Service

“I don’t know
what to offer”

A GENT
6
Service-to-Sales: Fast Track to Increased Sales
Fulfill the Order
Order Automation

Sale
4

Make an Offer
Guided Selling

3

Select an Offer
2

1

Transition
Guided Dialog

7

Next Best Offer
Service-to-Sales: Fast Track to Increased Sales
Fulfill the Order
Order Automation

Sale
4

Make an Offer
Guided Selling

3

Select an Offer
2

1

Transition
Guided Dialog

8

Next Best Offer

Agent
Motivation
Gamification
Demo or Link to Video
A Big Sales Opportunity in Inbound Interactions

UPC

24%

in conversion rate

Insurance Provider

~$12K

Insurance Provider

9M

in annual incremental revenue

Insurance Provider

11%

Atento

10

in generated leads / agent / year

150%

in annual incremental revenue

in conversion rate
INSURANCE

Revealing Context for a Smooth Transition
WHAT
• Context-aware Real-Time
Customer-Agent Guided
Dialog
• Customer answers are unique
inputs for Next Best Offer
recalculation

HOW
• Real-Time Guidance:
• Pre-defined conversations
• Dynamic selection of questions
• Offline Interaction Analytics
driven
11

“May I ask if you’re renting
or buying your new house?”

“The house is mine”

“Congratulations! We have
great offers for homeowner
insurances…”
Better Inputs Make Better Decisions
WHAT
• Contextual Real-Time NextBest-Offer recommendation,
based on:
•

Guided
Dialog

Agent
Profile

Campaign
Management,
Predictive Models

Interaction
Analytics

Desktop
Monitoring

Customer intent

•
•

Real-Time
Speech Analytics

Agent profile
Interaction context

HOW
• Unique Inputs:
•
•

Desktop monitoring

•

Guided dialog

•

Offline analytics

• Hybrid Real-Time Decisioning:
•

Real-time scoring

•

Real-time segmentation

•
12

R EAL TIME SALES ENGINE

Real-Time Speech Analytics

Business rules

Real-time
Next Best Offer
TELCO

Scale-up Agent Selling Performance
WHAT
• Context-aware Personalized
Guided Selling:
•

Skill-based

•

Analytics driven

•

Offline Interaction
Analytics best practices

Dynamic
Defined by marketing

HOW
Real-Time Guidance:
•

Contextual key selling points
& rebuttal arguments

•

Active knowledge-push

•

Pulled from
Knowledge Management

Interaction Analytics-driven
Offer fulfillment

13
INSURANCE

Optimized Order Process
WHAT

Emails

• Order process automation
• Free up time to sell

CRM

• Reduce errors

HOW

Billing

• Front-end integration
technology
Order fulfillment

14
Increasing Motivation with Gamification
MOTIVATION
We all desire status and
acknowledgement

ACHIEVEMENTS
ACTIONS

Badges, trophies,
leaderboard, which
increase motivation

Agents are encouraged
to turn service into sales
interactions

REWARDS
Agents gain points
according to pre-defined
KPIs

15
On-going Sales Effectiveness Monitoring

Sales Conversion Rate

Successful sales / Attempts

Missed Opportunities

Measure cases where agents should
have made an offer but did not

Attempted Sales

Objection Handling

16

Total attempts
Failed attempts
Measure how your agents handle
customer objections to specific
offers / products

16
Analytics-driven Scripting
1

Compare Practices of
High Performing vs. Low
Performing Agents

2

Identify terms and
sentences used in bestselling offers

3
17

Implement successful
Sales tactic scripts into
Guided Selling callouts
Tying Insights Back to Performance Management

1

2

Identify which agents make the
most offers

4
18

Categorize sales opportunities
and success rates

Coach agents on sales best
practices to drive improvement

3

Compare practices of high
performing vs. low performing
agents
C ASE
STUDIES
19
Case Studies: Telco
One of the largest
BPOs in the world

BACKGROUND

?

The subscriber
inquires about
the latest
monthly bill

NICE S2S gives a
detailed account view
including usage in
excess of package limits

S2S detects crosssell opportunities
and calculates the
NBO in RT

SOLUTION

Lowered the AHT from
12.5 to 5.7 min

RESULTS

Increased $4700 per seat / year
Case Studies: Telco
European triple-play
Telco provider

Buyer: Corporate
Marketing

Ecosystem:

BACKGROUND

Guided
Dialog

RT scoring & decisioning,
calculating NBO

Order
Automation

SOLUTION

24%

improvement in
conversion rate

RESULTS

ROI in 6 months
Case Studies: Insurance
A major US insurance
company

BACKGROUND

NICE S2S gets
customer info

S2S detects crosssell opportunities
and calculates the
NBO in RT

Guide the agent
through the
interaction

SOLUTION

5%

11%

50%

3%

Decrease in
AHT

Increase in auto
policies sold
during RTI pilot

Increase in
generated cross
sell leads

Increase in
multi-product
policies

RESULTS
Source: Presented by the customer at NICE annual users conference
The Value Proposition
Generate
additional
revenues

Improve
agent
performance

Improve
customer
satisfaction

23

Leverage your assets:
increase business from
inbound Service interactions

Align Marketing
and Contact
Center

Drive behavior and align
performance to business
objectives

Consistent and effective
inbound campaigns
across all channels
NICE, because…

 Over 25 years of
experience in
Contact Center
interactions

Quick
T ime

D etect
Context

 Unique technology to
capture the context of
Customer interactions
in Real Time

to

 Out of the box
solutions
 Easy integration

H uman
F actor
E xpertise

 Maximize revenue
through:
 driving
behavior
change
 Providing
personalized
sales guidance

and

C ontact
C enter
E xpertise

V alue

24

I ntent

 Provide the Next Best
Action
MAKE
E VERY
INTERACTION
COUNT
25
THANK
YOU
26
ADDITIONAL
SLIDES

27
Design and Control – Sales Designer Application
 Web-based Business User interface for Marketers and Analysts:


Offer management



Build and maintain business logic

 Built-in logic and content

28
GAMIFICATION

29
Why Should You Care?

PROBLEM

SOLUTION

RESULTS

• Disengaged employees cost the average
1,000 agent contact center more than
$2,000,000 every year
• The percentage of “highly disengaged”
employees has increased from 8% to 21% in
a three year period

Gamification drives engagement and makes
work more interesting and productive for
employees

Companies deploying gamification techniques
grow annual revenue and average deal size
twice faster in comparison with non-users

Sources: Customer Contact Council, 2011, Aberdeen Nov 2012

30
Gamification in a Sales Environment
Gamification provides the ideal setting
for healthy competition and internal
recognition for positive performance

There is a direct correlation between
use of gamification and positive sales
results
31

Source: Abardeen Group, Nov 2012
Gamification in the Contact Center
“There is a clear fit for gamification in the contact center,
where agent attrition rates are high, agents are
unmotivated by repetitive tasks and new hires need to get
up and running quickly. […] Gamification will be a growth
market among contact centers.”
[“OVUM, March 2013]

32
BANKING
SLIDES

33
BANKING

Revealing Context for a Smooth Transition
WHAT
• Context-aware Real-Time
Customer-Agent Guided
Dialog
• Customer answers are unique
inputs for Next Best Offer
recalculation

HOW
• Real-Time Guidance:
• Pre-defined conversations
• Dynamic selection of questions
• Offline Interaction Analyticsdriven
34

“May I ask the reason for
the change?

“I’m starting college”

“Congratulations! We have
great offers for student
loans…”
BANKING

Scale-up Agent Selling Performance
WHAT

Offline Interaction
Analytics best practices

• Context-aware Personalized
Guided Selling:
•

Skill-based

•

Analytics driven

•

Dynamic
Defined by marketing

HOW
Real-Time Guidance:
•

Contextual key selling points
& rebuttal arguments

•

Active knowledge-push

•

Pulled from
Knowledge Management

Interaction Analytics-driven
Offer fulfillment

35
BANKING

Optimized Order Process
WHAT

Emails

• Order process automation
• Free up time to sell

CRM

• Reduce errors

HOW

Billing

• Front-end integration
technology
Order fulfillment

36
INSURANCE
SLIDES

37
INSURANCE

Revealing Context for a Smooth Transition
WHAT
• Context-aware Real-Time
Customer-Agent Guided
Dialog
• Customer answers are unique
inputs for Next-Best-Offer
recalculation

HOW
• Real-Time Guidance:
• Pre-defined conversations
• Dynamic selection of questions
• Offline Interaction Analytics
driven
38

“May I ask if you’re renting
or buying your new house?”

“The house is mine”

“Congratulations! We have
great offers for homeowner
insurances…”
INSURANCE

Scale-up Agent Selling Performance
WHAT

Offline Interaction
Analytics best practices

• Context-aware Personalized
Guided Selling:
•

Skill-based

•

Analytics driven

•

Dynamic
Defined by marketing

HOW
Real-Time Guidance:
•

Contextual key selling points
& rebuttal arguments

•

Active knowledge-push

•

Pulled from
Knowledge Management

Interaction Analytics driven
Offer fulfillment

39
INSURANCE

Optimized Order Process
WHAT

Emails

• Order process automation
• Free up time to sell

CRM

• Reduce errors

HOW

Billing

• Front-end integration
technology
Order fulfillment

40
TELCO SLIDES

41
TELCO

Revealing Context for a Smooth Transition
WHAT
• Context-aware Real-Time
Customer-Agent Guided
Dialog
• Customer answers are unique
inputs for Next-Best-Offer
recalculation

HOW
• Real-Time Guidance:
• Pre-defined conversations
• Dynamic selection of questions
• Off-line Interaction Analytics
driven
42

“May I ask what is the
reason for the change?

“Starting college”

“Congratulations! We have
great offers for long
distance call to any family
member…”
TELCO

Scale-up Agent Selling Performance
WHAT
• Context-aware personalized
Guided Selling:
•

Skill-based

•

Analytics-driven

•

Offline Interaction
Analytics best practices

Dynamic
Defined by marketing

HOW
Real-Time Guidance:
•

Contextual key selling points
& rebuttal arguments

•

Active knowledge-push

•

Pulled from
Knowledge Management

Interaction Analytics-driven
Offer fulfillment

43
TELCO

Optimized Order Process
WHAT

Emails

• Order process automation
• Free up time to sell

CRM

• Reduce errors

HOW

Billing

• Front-end integration
technology
Order fulfillment

44

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Nice service to sales sales deck final

  • 2. Managing any Business is a Complex Operation The ultimate goal is to grow business 2
  • 3. Increased Revenues from Inbound Interactions Realize the revenue potential of interactions you already have today 3
  • 4. Challenges along the Way “But I just told you that I’m moving, weren’t you listening?!” “Try me again tomorrow, this is not a good time” Sale Customer Problem “Stop calling and spamming me” C USTOMER 4
  • 5. Challenges along the Way Bigger Wallet Share Don’t own the contact center channel, have little influence on it Hard to run consistent and effective crosschannel campaigns M ARKETING Marketing Challenges 5
  • 6. Challenges along the Way “How much talktime should I spend selling? I need to meet my Sale AHT goals” “I don’t know how to sell” Service “I don’t know what to offer” A GENT 6
  • 7. Service-to-Sales: Fast Track to Increased Sales Fulfill the Order Order Automation Sale 4 Make an Offer Guided Selling 3 Select an Offer 2 1 Transition Guided Dialog 7 Next Best Offer
  • 8. Service-to-Sales: Fast Track to Increased Sales Fulfill the Order Order Automation Sale 4 Make an Offer Guided Selling 3 Select an Offer 2 1 Transition Guided Dialog 8 Next Best Offer Agent Motivation Gamification
  • 9. Demo or Link to Video
  • 10. A Big Sales Opportunity in Inbound Interactions UPC 24% in conversion rate Insurance Provider ~$12K Insurance Provider 9M in annual incremental revenue Insurance Provider 11% Atento 10 in generated leads / agent / year 150% in annual incremental revenue in conversion rate
  • 11. INSURANCE Revealing Context for a Smooth Transition WHAT • Context-aware Real-Time Customer-Agent Guided Dialog • Customer answers are unique inputs for Next Best Offer recalculation HOW • Real-Time Guidance: • Pre-defined conversations • Dynamic selection of questions • Offline Interaction Analytics driven 11 “May I ask if you’re renting or buying your new house?” “The house is mine” “Congratulations! We have great offers for homeowner insurances…”
  • 12. Better Inputs Make Better Decisions WHAT • Contextual Real-Time NextBest-Offer recommendation, based on: • Guided Dialog Agent Profile Campaign Management, Predictive Models Interaction Analytics Desktop Monitoring Customer intent • • Real-Time Speech Analytics Agent profile Interaction context HOW • Unique Inputs: • • Desktop monitoring • Guided dialog • Offline analytics • Hybrid Real-Time Decisioning: • Real-time scoring • Real-time segmentation • 12 R EAL TIME SALES ENGINE Real-Time Speech Analytics Business rules Real-time Next Best Offer
  • 13. TELCO Scale-up Agent Selling Performance WHAT • Context-aware Personalized Guided Selling: • Skill-based • Analytics driven • Offline Interaction Analytics best practices Dynamic Defined by marketing HOW Real-Time Guidance: • Contextual key selling points & rebuttal arguments • Active knowledge-push • Pulled from Knowledge Management Interaction Analytics-driven Offer fulfillment 13
  • 14. INSURANCE Optimized Order Process WHAT Emails • Order process automation • Free up time to sell CRM • Reduce errors HOW Billing • Front-end integration technology Order fulfillment 14
  • 15. Increasing Motivation with Gamification MOTIVATION We all desire status and acknowledgement ACHIEVEMENTS ACTIONS Badges, trophies, leaderboard, which increase motivation Agents are encouraged to turn service into sales interactions REWARDS Agents gain points according to pre-defined KPIs 15
  • 16. On-going Sales Effectiveness Monitoring Sales Conversion Rate Successful sales / Attempts Missed Opportunities Measure cases where agents should have made an offer but did not Attempted Sales Objection Handling 16 Total attempts Failed attempts Measure how your agents handle customer objections to specific offers / products 16
  • 17. Analytics-driven Scripting 1 Compare Practices of High Performing vs. Low Performing Agents 2 Identify terms and sentences used in bestselling offers 3 17 Implement successful Sales tactic scripts into Guided Selling callouts
  • 18. Tying Insights Back to Performance Management 1 2 Identify which agents make the most offers 4 18 Categorize sales opportunities and success rates Coach agents on sales best practices to drive improvement 3 Compare practices of high performing vs. low performing agents
  • 20. Case Studies: Telco One of the largest BPOs in the world BACKGROUND ? The subscriber inquires about the latest monthly bill NICE S2S gives a detailed account view including usage in excess of package limits S2S detects crosssell opportunities and calculates the NBO in RT SOLUTION Lowered the AHT from 12.5 to 5.7 min RESULTS Increased $4700 per seat / year
  • 21. Case Studies: Telco European triple-play Telco provider Buyer: Corporate Marketing Ecosystem: BACKGROUND Guided Dialog RT scoring & decisioning, calculating NBO Order Automation SOLUTION 24% improvement in conversion rate RESULTS ROI in 6 months
  • 22. Case Studies: Insurance A major US insurance company BACKGROUND NICE S2S gets customer info S2S detects crosssell opportunities and calculates the NBO in RT Guide the agent through the interaction SOLUTION 5% 11% 50% 3% Decrease in AHT Increase in auto policies sold during RTI pilot Increase in generated cross sell leads Increase in multi-product policies RESULTS Source: Presented by the customer at NICE annual users conference
  • 23. The Value Proposition Generate additional revenues Improve agent performance Improve customer satisfaction 23 Leverage your assets: increase business from inbound Service interactions Align Marketing and Contact Center Drive behavior and align performance to business objectives Consistent and effective inbound campaigns across all channels
  • 24. NICE, because…  Over 25 years of experience in Contact Center interactions Quick T ime D etect Context  Unique technology to capture the context of Customer interactions in Real Time to  Out of the box solutions  Easy integration H uman F actor E xpertise  Maximize revenue through:  driving behavior change  Providing personalized sales guidance and C ontact C enter E xpertise V alue 24 I ntent  Provide the Next Best Action
  • 28. Design and Control – Sales Designer Application  Web-based Business User interface for Marketers and Analysts:  Offer management  Build and maintain business logic  Built-in logic and content 28
  • 30. Why Should You Care? PROBLEM SOLUTION RESULTS • Disengaged employees cost the average 1,000 agent contact center more than $2,000,000 every year • The percentage of “highly disengaged” employees has increased from 8% to 21% in a three year period Gamification drives engagement and makes work more interesting and productive for employees Companies deploying gamification techniques grow annual revenue and average deal size twice faster in comparison with non-users Sources: Customer Contact Council, 2011, Aberdeen Nov 2012 30
  • 31. Gamification in a Sales Environment Gamification provides the ideal setting for healthy competition and internal recognition for positive performance There is a direct correlation between use of gamification and positive sales results 31 Source: Abardeen Group, Nov 2012
  • 32. Gamification in the Contact Center “There is a clear fit for gamification in the contact center, where agent attrition rates are high, agents are unmotivated by repetitive tasks and new hires need to get up and running quickly. […] Gamification will be a growth market among contact centers.” [“OVUM, March 2013] 32
  • 34. BANKING Revealing Context for a Smooth Transition WHAT • Context-aware Real-Time Customer-Agent Guided Dialog • Customer answers are unique inputs for Next Best Offer recalculation HOW • Real-Time Guidance: • Pre-defined conversations • Dynamic selection of questions • Offline Interaction Analyticsdriven 34 “May I ask the reason for the change? “I’m starting college” “Congratulations! We have great offers for student loans…”
  • 35. BANKING Scale-up Agent Selling Performance WHAT Offline Interaction Analytics best practices • Context-aware Personalized Guided Selling: • Skill-based • Analytics driven • Dynamic Defined by marketing HOW Real-Time Guidance: • Contextual key selling points & rebuttal arguments • Active knowledge-push • Pulled from Knowledge Management Interaction Analytics-driven Offer fulfillment 35
  • 36. BANKING Optimized Order Process WHAT Emails • Order process automation • Free up time to sell CRM • Reduce errors HOW Billing • Front-end integration technology Order fulfillment 36
  • 38. INSURANCE Revealing Context for a Smooth Transition WHAT • Context-aware Real-Time Customer-Agent Guided Dialog • Customer answers are unique inputs for Next-Best-Offer recalculation HOW • Real-Time Guidance: • Pre-defined conversations • Dynamic selection of questions • Offline Interaction Analytics driven 38 “May I ask if you’re renting or buying your new house?” “The house is mine” “Congratulations! We have great offers for homeowner insurances…”
  • 39. INSURANCE Scale-up Agent Selling Performance WHAT Offline Interaction Analytics best practices • Context-aware Personalized Guided Selling: • Skill-based • Analytics driven • Dynamic Defined by marketing HOW Real-Time Guidance: • Contextual key selling points & rebuttal arguments • Active knowledge-push • Pulled from Knowledge Management Interaction Analytics driven Offer fulfillment 39
  • 40. INSURANCE Optimized Order Process WHAT Emails • Order process automation • Free up time to sell CRM • Reduce errors HOW Billing • Front-end integration technology Order fulfillment 40
  • 42. TELCO Revealing Context for a Smooth Transition WHAT • Context-aware Real-Time Customer-Agent Guided Dialog • Customer answers are unique inputs for Next-Best-Offer recalculation HOW • Real-Time Guidance: • Pre-defined conversations • Dynamic selection of questions • Off-line Interaction Analytics driven 42 “May I ask what is the reason for the change? “Starting college” “Congratulations! We have great offers for long distance call to any family member…”
  • 43. TELCO Scale-up Agent Selling Performance WHAT • Context-aware personalized Guided Selling: • Skill-based • Analytics-driven • Offline Interaction Analytics best practices Dynamic Defined by marketing HOW Real-Time Guidance: • Contextual key selling points & rebuttal arguments • Active knowledge-push • Pulled from Knowledge Management Interaction Analytics-driven Offer fulfillment 43
  • 44. TELCO Optimized Order Process WHAT Emails • Order process automation • Free up time to sell CRM • Reduce errors HOW Billing • Front-end integration technology Order fulfillment 44