Mon.May 13, 2024

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The Rise of Chatbots: A Game Changer in Customer Experience

CX University

Imagine a world where your favorite retail store had a virtual assistant waiting at the door, ready to greet you, understand your needs, and guide you seamlessly through your shopping experience. This is the reality that chatbots are bringing to the forefront of customer service. Just as the invention of the ATM revolutionized banking by providing 24/7 access to financial services, chatbots are transforming the way companies interact with their customers, offering instant support, personalized r

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QUI QUOTE: Your brand is not a result of your marketing actions. Your brand is the result of customers’ perceptions of your customer service actions. 

Bill Quiseng

Your brand is not a result of your marketing actions. Your brand is the result of customers’ perceptions of your customer service actions. On social media, customers are talking about you whether you like it or not know it or not. World-class or no class. And if they’re not talking world-class or no class, they’re simply not talking about it all. So, when it comes to your customers and customer service, don’t be just good.

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Evaluation of generative AI techniques for clinical report summarization

AWS Machine Learning

In part 1 of this blog series, we discussed how a large language model (LLM) available on Amazon SageMaker JumpStart can be fine-tuned for the task of radiology report impression generation. Since then, Amazon Web Services (AWS) has introduced new services such as Amazon Bedrock. This is a fully managed service that offers a choice of high-performing foundation models (FMs) from leading artificial intelligence (AI) companies like AI21 Labs, Anthropic, Cohere, Meta, Stability AI, and Amazon throu

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Top 5 Customer Service & CX Articles for Week of May 13, 2024

ShepHyken

Each week, I read many customer service and customer experience articles from various resources. Here are my top five picks from last week. I have added my comments about each article and would like to hear what you think too. 8 Keys to Making Customer Service a More Positive Experience by Martin Zwilling (Inc. Magazine) With the advent of the internet, social media, and instant communication via texting, customer expectations for service, as part of their entire customer experience, have change

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2024 State of Customer Education Report

Customer education has become a key driver for growth, retention, and product adoption. Our latest 2024 State of Customer Education Report uncovers critical data and insights from a survey of over 200 industry leaders, offering a look at the evolving role of education in driving business success. Inside, you'll find data on key trends and strategies, including: Strategies for Scaling & Customization: Find out which investments in learning technology deliver the biggest ROI and scalability.

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Could introducing Mental Health Days help your business support employee wellbeing?

Adrian Swinscoe

This is a guest post by David Banaghan who is the Interim CEO at Occupop. When it comes to a productive business, happy and healthy […] The post Could introducing Mental Health Days help your business support employee wellbeing? first appeared on Adrian Swinscoe.

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How Vodafone’s Custom Scoring System Clarified Outcomes

dscout People Nerds

In a complex give and take between product design, UX, and research, Vodafone’s team created a custom scoring process that made every step from discovery to validation ring clear.

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4 ways manufacturers can maintain high-growth trajectory

West Monroe

Many middle-market manufacturers with high-growth aspirations—whether through organic means, acquisitions, or a combination of both—eventually encounter challenges to sustaining their trajectory. The most common concern we hear? Resource constraints. Growing strategically takes bandwidth—but bandwidth is in short supply: “We don’t have enough people” or “the people we do have don’t have the time—they’re too busy keeping the lights on.

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The Essence of Customer Experience: A Vital Pillar in Modern Business Strategy

rethinkCX

In today's competitive marketplace, where products and services abound and choices are abundant, one factor stands out as paramount in determining business success: customer experience. Often abbreviated as CX, customer experience encapsulates every interaction a consumer has with a company, from initial awareness to post-purchase support. It's not merely about selling a product or service; it's about fostering meaningful connections and delivering value at every touchpoint.

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Four ways manufacturers can maintain high-growth trajectory

West Monroe

Many middle-market manufacturers with high-growth aspirations—whether through organic means, acquisitions, or a combination of both—eventually encounter challenges to sustaining their trajectory. The most common concern we hear? Resource constraints. Growing strategically takes bandwidth—but bandwidth is in short supply: “We don’t have enough people” or “the people we do have don’t have the time—they’re too busy keeping the lights on.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Exploring Insights: What is CSAT & NPS?

rethinkCX

In the realm of business, understanding Customer Satisfaction (CSAT) and Net Promoter Score (NPS) is paramount for success. These metrics provide invaluable insights into the overall customer experience, guiding companies towards improvement and growth. CSAT measures the degree to which customers are satisfied with a product or service after interacting with a brand.

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Uplight’s Developer Platform: Decisions Made Easy for Customers and Utilities

Uplight

Energy bills are reaching 10% of the average American’s annual spend, and adoption of distributed energy resources (DERs) like rooftop solar and electric vehicles (EVs) are growing at an unprecedented pace. Both of these result in energy-related decisions like how to electrify affordably or which rate to choose becoming more top of mind. Consequently, offering Read More The post Uplight’s Developer Platform: Decisions Made Easy for Customers and Utilities appeared first on Uplight.

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Understanding In-House and Outsourced Call Centers

rethinkCX

When it comes to managing customer service operations, businesses often face the decision between outsourcing to a Business Process Outsourcing (BPO) provider or keeping operations in-house. Each approach has its own set of advantages and considerations, making the choice a crucial one for companies seeking to optimize their customer service delivery.

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Bridging the Gap: Connecting Agent Coaching with Client Service Level Agreements (SLAs)

CSM Magazine

The key to truly standout service? It’s all about how closely organizations stick to their promises, spelled out in Client Service Level Agreements (SLAs). Think of these not merely as contracts but as guarantees – heartfelt assurances about the service level clients can expect. To keep those quality levels sky-high, mentoring our agents isn’t just important—it’s absolutely necessary.

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Frost Radar: Voice of Customer Analytics, 2024

Understanding and improving your customer experience (CX) can have a massive impact on your bottom line. Choosing the right voice of customers (VoC) solution is a critical step to elevating CX. Frost & Sullivan researched more than 50 leading VoC vendors, analyzing both their “innovation index” and “growth index” to independently select the top 10 performers in each of these categories.

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The U.S. health insurance market is undergoing a post-pandemic sea change

Clarivate

The United States health insurance market is seeing some of the largest enrollment changes ever, resulting in significant disruption in medical and drug coverage for millions of Americans. Medicaid and health insurance exchange enrollment is shifting dramatically across the U.S. following the end of the COVID-19 public health emergency, which lapsed in May 2023.

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The Crucial Role of Premium Proxies in Elevating Customer Service Efforts

CSM Magazine

In the modern digital landscape, customer service has transcended traditional interactions to become a key competitive differentiator. As businesses strive to provide seamless and secure customer experiences, the use of premium proxies has emerged as a critical tool in achieving these goals. Understanding Premium Proxies Premium proxies are specialized servers that act as intermediaries between users and the Internet.

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70+ Mental Health Survey Questions for Students (Types & Free Survey Questionnaire)

SurveySparrow

Ever fill out a school survey and think, “Wow, this hit a nerve”? For me, a seemingly ordinary mental health survey became a turning point. It shed light on struggles I hadn’t entirely admitted to myself, sparking a journey of self-discovery. Seeing the impact of that mental health survey got me thinking. Shouldn’t all students have access to tools to help them navigate the emotional rollercoaster of school?

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Office Phone Booths or Meeting Pods? Which Are Better for Optimizing Office Space?

CSM Magazine

One of the challenges office space designers face is to make the best use of the available space while ensuring a high-quality work environment. Solutions such as office phone booths and acoustic meeting pods, which offer the privacy and tranquility needed to focus and work effectively, are becoming popular. Although they both provide the primary function of noise reduction, the two options vary slightly.

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Prepare Now: 2025s Must-Know Trends For Product And Data Leaders

Speaker: Jay Allardyce, Deepak Vittal, and Terrence Sheflin

As we look ahead to 2025, business intelligence and data analytics are set to play pivotal roles in shaping success. Organizations are already starting to face a host of transformative trends as the year comes to a close, including the integration of AI in data analytics, an increased emphasis on real-time data insights, and the growing importance of user experience in BI solutions.

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The Advantages of Acquia Personalization to Drive Transformative Customer Experiences

Strativity

The post The Advantages of Acquia Personalization to Drive Transformative Customer Experiences appeared first on Material.

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Genesys Research Uncovers Cross-Generational Approval of AI in Customer Service

CSM Magazine

A new study by Genesys reveals that people of all ages are open to artificial intelligence provided it enhances their customer service experiences. The study explores the varying attitudes towards AI across different age groups, highlighting varying levels of enthusiasm yet a shared recognition of its possible advantages for improving customer interactions.

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The AI Revolution in Retail: Elevating Tomorrow’s Customer Experiences

Strativity

The post The AI Revolution in Retail: Elevating Tomorrow’s Customer Experiences appeared first on Material.

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4 ways manufacturers can maintain high-growth trajectory

West Monroe

Many middle-market manufacturers with high-growth aspirations—whether through organic means, acquisitions, or a combination of both—eventually encounter challenges to sustaining their trajectory. The most common concern we hear? Resource constraints. Growing strategically takes bandwidth—but bandwidth is in short supply: “We don’t have enough people” or “the people we do have don’t have the time—they’re too busy keeping the lights on.

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AI for Business Outcomes: Selecting the Right Tools to Drive Results

Customers expect to be able to interact with your organization whenever and however they want. They also expect your agents to have insights into their journeys so that they don’t have to repeat themselves as they move through various channels. And, if they’re not able to, they just might find one of your competitors who will offer the flexibility they are looking for.

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B2B Marketers Expect To Do More With More – But It’s Not As Good As It Sounds

Forrester's Customer Insights

In Forrester’s Marketing Survey, 2024, nearly 900 global B2B Marketing executives and operations leaders indicated they expected an overall Marketing budget increase. Breaking that down further, 67% expected their technology budget to increase, 62% anticipated a larger programs budget, and even 59% projected to spend more on personnel.

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Decoding demographics: Best audience insights tools for maximum reach 

BirdEye

Are you tired of guessing your audience’s preferences and the keys to a successful marketing campaign? Imagine having a crystal ball that reveals exactly what makes your audience tick. That’s precisely what audience insight tools do. These tools enable you to uncover trends and audience interests, allowing you to run well-targeted campaigns that propel your business forward.

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