Thu.May 02, 2024

article thumbnail

The 5 Advantages of Custom Research Panels

PeopleMetrics

Imagine making crucial business decisions based on data where nearly half of the responses might be unreliable. Recent findings show that 46% of respondents from some large online panel providers deliver poor-quality data! Examples include respondents who claim their medical expenses are 16 times higher than reality and others who speed through a detailed 203-word concept in just 11 seconds.

article thumbnail

Retail Reputation Management: Shop Strategies for Customer Retention

InMoment XI

It can be argued that reputation management for retail companies is more important than it is in any other industry. Whether you are a local shop, regional staple, or nationwide brand, reputation management is one of the most important marketing strategies you need to master to ensure brand success. In retail, the power of the review is stronger than ever.

Retail 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AWS Inferentia and AWS Trainium deliver lowest cost to deploy Llama 3 models in Amazon SageMaker JumpStart

AWS Machine Learning

Today, we’re excited to announce the availability of Meta Llama 3 inference on AWS Trainium and AWS Inferentia based instances in Amazon SageMaker JumpStart. The Meta Llama 3 models are a collection of pre-trained and fine-tuned generative text models. Amazon Elastic Compute Cloud (Amazon EC2) Trn1 and Inf2 instances, powered by AWS Trainium and AWS Inferentia2, provide the most cost-effective way to deploy Llama 3 models on AWS.

Policies 131
article thumbnail

How Contact Center AI Can Help Reduce Customer Churn

MiaRec

Did you know that a 5% reduction in customer churn can lead to a profit increase of 25% to 125%, or that businesses have to spend five times more to acquire a new customer than to retain an existing one, according to the HBR? Contact centers equipped with effective training and the right tools can empower agents to resolve issues efficiently and provide a positive and personalized experience.

article thumbnail

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.

article thumbnail

Get started with Amazon Titan Text Embeddings V2: A new state-of-the-art embeddings model on Amazon Bedrock

AWS Machine Learning

Embeddings are integral to various natural language processing (NLP) applications, and their quality is crucial for optimal performance. They are commonly used in knowledge bases to represent textual data as dense vectors, enabling efficient similarity search and retrieval. In Retrieval Augmented Generation (RAG), embeddings are used to retrieve relevant passages from a corpus to provide context for language models to generate informed, knowledge-grounded responses.

More Trending

article thumbnail

Amazon Personalize launches new recipes supporting larger item catalogs with lower latency

AWS Machine Learning

Personalized customer experiences are essential for engaging today’s users. However, delivering truly personalized experiences that adapt to changes in user behavior can be both challenging and time-consuming. Amazon Personalize makes it straightforward to personalize your website, app, emails, and more, using the same machine learning (ML) technology used by Amazon, without requiring ML expertise.

Training 119
article thumbnail

Unlocking the secrets of 5-star dentist reviews with examples

BirdEye

Have you ever wondered what can transport your dental business to the #1 spot so that you can scale your practice rapidly? We have the secret sauce for you – specific, personalized, and detailed 5-star reviews. Choosing a dental clinic can be a daunting task for patients and online reviews can help you win their trust. Studies show that 68% of the time, consumers check online reviews before choosing a business to work with.

article thumbnail

Revolutionize Customer Satisfaction with tailored reward models for your business on Amazon SageMaker

AWS Machine Learning

As more powerful large language models (LLMs) are used to perform a variety of tasks with greater accuracy, the number of applications and services that are being built with generative artificial intelligence (AI) is also growing. With great power comes responsibility, and organizations want to make sure that these LLMs produce responses that align with their organizational values and provide the same unique experience they always intended for their end-customers.

article thumbnail

Enhancing customer experience in telecom through remote visual support

ViiBE Blog

In a world where connectivity is paramount, telecommunications companies are constantly seeking innovative ways to optimize customer experience. One of the recent technological advancements revolutionizing this field is remote visual support. By enabling real-time visual communication between technicians and customers, remote visual support offers significant potential to enhance service quality in telecommunications.

article thumbnail

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.

article thumbnail

How to Strengthen Your Customer Experience Strategy During Financial Crises

Feedbackly

Last year was tough on many businesses , and with the global economy still limping, the challenges will continue this year to some extent. Brands will have to tighten their marketing and operational budgets to survive in the market. During these times, even customers seek brands that offer value for their money. But did you know that having a strong customer experience strategy can help brands shine through the challenges?

article thumbnail

Enhancing customer experience in telecom through remote visual support

ViiBE Blog

In a world where connectivity is paramount, telecommunications companies are constantly seeking innovative ways to optimize customer experience. One of the recent technological advancements revolutionizing this field is remote visual support. By enabling real-time visual communication between technicians and customers, remote visual support offers significant potential to enhance service quality in telecommunications.

article thumbnail

Zenarate Launches Next Evolution of Skill-Based Learning for Customer-Facing Agents

CSM Magazine

Zenarate, a leading SaaS provider of AI-powered skill-based learning and development for customer-facing agents, today announced the next generation of their personalized AI Coach platform. With the industry’s first full lifecycle platform powered by AI skill-based simulation, new and tenured agents receive personalized learning journeys with simulation training and gamification, real-time performance feedback, and the ability to track their skill-building progress.

article thumbnail

Four key insights for SaaS and CS leaders from the 2024 B2B SaaS Benchmarking Survey

ChurnZero

The 2024 B2B SaaS Benchmarking Survey by SaaS Capital is the most comprehensive and up-to-date source of its kind for SaaS and customer success leaders who want to know where they stand compared to peers and competitors. Last month, ChurnZero CEO You Mon Tsang and SaaS Capital managing director Rob Belcher dug into the findings of the latest survey—now in its 13th year—to unpack its data and what it means for CS teams.

B2B 52
article thumbnail

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.

article thumbnail

Navigating the Challenges of Implementing Automated Communication Systems in Small Businesses

CSM Magazine

Automated communication systems are designed to streamline and improve communication processes in businesses, especially for those that handle a large volume of customer interactions. Automated systems take over routine tasks such as sending out emails, answering simple queries, and directing calls, freeing up employees for more complex roles. They’re not just about efficiency, though.

System 52
article thumbnail

Top 5 No Code Form Builders You Need to Know About

SurveySparrow

Creating forms with a snooze-fest design and endless text boxes can feel like a chore. Wouldn’t it be great if creating forms could be fun and adorable? Yes, you heard that right! With no-code form builders, no coding is needed—just drag-drop and let your creativity flow. Okay, so here’s what we are going to do! I will walk you through the ten fantastic no-code form builders that will make creating forms easier so that you can take a back seat and see all the magic they are about to

article thumbnail

Is Outsourcing Offshore Right for You? Pros and Cons

Magellan Solutions

Have you ever noticed businesses looking for new ways to save money and grow ? One popular tactic is outsourcing to other countries to make operations more efficient. As the global economy becomes increasingly interconnected, the appeal of outsourcing offshore has soared. The global BPO market is projected to reach $525 billion by 2030 , growing at over 9% annually.

article thumbnail

10 Examples: The Impact of Closed Loop on Customer Service

SurveySensum

In today’s customer-centric business environment, feedback isn’t just a bonus—it’s the lifeblood of success. From shaping product development to empowering employees, building trust, and boosting loyalty, a well-oiled closed feedback loop is the secret weapon that elevates customer experience to new heights. But what exactly is a Closed Feedback Loop?

article thumbnail

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.

article thumbnail

How FinOps and SRE Can Unlock Cloud Operational Success

Strativity

Discover how implementing a Site Reliability Engineering (SRE) and FinOps solution in your organization can optimize cloud spending and maximize business value.

52
article thumbnail

Anaplan Buys Fluence To Round Out EPM Suite

Forrester's Customer Insights

Anaplan announced last week its plans to buy Fluence, a provider of financial close, consolidation, and reporting software. This move comes less than two years after Thoma Bravo’s purchase of Anaplan.

article thumbnail

Strategies to Retain Online Players Through Customer Service

CSM Magazine

Attracting customers through different strategies is a constant battle for many businesses, and online gaming is no exception. Since this industry is booming right now, many platforms are offering flashy graphics, hot promotions, and new games to attract customers. This has become the main reason for gaming businesses to be unique, as they can easily grab the attention of potential customers.

article thumbnail

What’s Marketing Ops And MRM Got To Do With It? (Got To Do With It?)

Forrester's Customer Insights

Tina Turner famously questioned, “Who needs a heart when a heart can be broken?” Marketing operations is the beating heart of marketing teams. Strong marketing operations yields better decision-making, improved capacity and efficiency, and stronger governance and compliance. Yet the marketing operations heart is broken in many companies.

article thumbnail

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.

article thumbnail

Location Data Is A Problematic Fave And It’s Time To Break Up

Forrester's Customer Insights

We’ve written in the past about the dangers of location data, but recent headlines have once again highlighted its extremely problematic nature.

Data 29