Author: Franz Malten Buemann

  • How cloud contact centers empower delightful customer experiences

    The ideal contact center will deliver consistently excellent experiences to customers, via their preferred communication channels — whether that’s voice, email, chat, SMS, or social media. Moreover, a modern contact center’s feature set will allow agents — and the organizations they work for — to harness the power of cloud-based services, enabling much quicker time to market as well as superior flexibility and scalability compared to on-premises infrastructure. The worldwide cloud-based contact center market is predicted to grow to $36.1 billion by 2025 at a compound annual growth rate of 25.8%. A major engine of this ongoing growth is the overall versatility of cloud contact centers. More specifically, cloud-based contact center platforms can:
    Easily integrate channels such as social media and SMS to allow customers to reach you via the channel of their choice.
    Connect to business-critical tools like customer relationship management (CRM) solutions.
    Be modified as a company’s customer base grows or otherwise changes.
    Full article: https://blog.webex.com/contact-center/how-cloud-contact-centers-empower-delightful-customer-experiences/
    submitted by /u/vesuvitas [link] [comments]

  • What Is CPM and Why Your Marketing Team Should Care

    As an advertiser and marketer, it’s important to understand the impact of your campaigns and content on your target audience.
    It’s also important to know how much money you need to invest to ensure those campaigns and content are actually seen by your audience.
    You may have heard of CPM before — it’s a formula and metric that tells you exactly that.

    In this article, we’ll review what CPM is, how to calculate it, and tips on how you can get the best CPM.
    CPM Meaning
    CPM in marketing is cost per thousand, also known as cost per thousand impressions or cost per mile. It’s a formula that calculates the total ad spend per 1,000 impressions on a web page.
    How does CPM work?
    CPM is often used in advertising, marketing campaigns, social media, and digital marketing. It tells you the total ad spend for every 1,000 impressions. An impression in CPM is how many views/ engagements an ad receives — it’s when an ad is successfully displayed to a visitor or audience member on a web page.
    Impressions are small units of measure in marketing which is why they’re calculated by the 1,000 — this gives advertisers and marketers a better idea of the impact their work is having on audience members.
    CPM is an effective top-of-funnel strategy because it helps advertisers garner a lot of attention from a large audience on one piece of content, all on a pre-determined budget.
    As a result, you’ll increase brand awareness and recognition as well as develop an understanding of which ads and content types are most successful among your audience so you can improve upon

    CPM Advertising
    Advertisers often use CPM. They select an ad publisher to work with based on where they want their ads published and the specific audience they want to get those ads in front of. Then, advertisers pay the ad publisher, often $1-$10+, for every 1,000 ads that are displayed to viewers.
    This method of advertising allows advertisers to stick to a set budget while ensuring their target audience is seeing their ads and campaigns on a large scale. Especially when used on mobile — CPM ads are an effective way for advertisers to determine the impact of their in-app ads.
    How to Calculate CPM
    To calculate CPM, you need to use the following formula which states CPM is equal to the total amount spent/ total ad spend divided by total impressions multiplied by 1,000.
    CPM Formula

    How to Get the Best CPM
    There are a number of tips and techniques you can apply to help you get the best CPM possible — here are some examples.
    1. Choose an ad network.
    There are several networks and publishers available for your CPM ads. Here are five popular options:

    Google AdSense: Video ads, mobile ads, display ads, text, in-feed ads, in-article ads, matched content ads, games ads

    Criteo: Digital ads, contextual ads, mobile app ads, dynamic ads, video ads, self-service ads

    BuySellAds: Native ads, sponsored content, podcast ads, display ads

    Media.net: Contextual ads, display ads, native ads,

    SmartyAds: Rewarded videos, native ads, banners

    2. Pick an ad tool.
    You’ll also want to identify a CPM and ad tool to help you plan, run, monitor, and analyze your campaigns.
    CPM Software
    CPM software is typically ad software — meaning it can help create, publish, and report on your ads.
    For instance, you might choose to use HubSpot Ads Software to support your CPM strategy.

    HubSpot is unique because it enables CRM-powered marketing — meaning, you can use the data from your CRM to create personalized and targeted ad campaigns and report on the ads that are turning prospects into customers.
    With HubSpot Ads Software, you can also…

    Segment audiences.
    Personalize ads.
    Report on leads and ROI generated by every Facebook, LinkedIn, or Google ad.
    Understand attribution of revenue from specific ad campaigns and platforms.
    Log lead information into your CRM automatically.
    Create journey-based advertising campaigns for Facebook audiences.

    How to Apply CPM Software to CPM Ads:
    Here are some specific examples of how you could apply a tool like HubSpot Ads Software to your CPM strategy and ads.

    Refer to your contact data to effectively target your audience.
    Apply the results of past campaigns to create ads that you know will resonate with your audience.
    Use the knowledge you’ve gathered from your CPM campaigns about what works best among your audience to create and share more specific campaigns through HubSpot (since CPM campaigns are broad — more on this below).
    Review your CPM results alongside your attribution of revenue from your other ads and campaigns in HubSpot to determine overall ad spend versus your budget.
    Input contact data gathered from CPM ads in HubSpot so all contact and customer data across the entire business are organized in a single platform.

    3. Use CPM in broad ad and marketing campaigns.
    CPM campaigns are best for broad marketing ads and campaigns. That’s because their main function is raising brand awareness and recognition. They offer the insight and data businesses need to then get more specific with follow-up ads and who they’re targeting with those ads.
    4. Highlight your point of difference.
    Since your CPM ads are bound to be broad, be sure to highlight your product’s point of difference.
    For instance, if you’re running a CPM ad on a training sneaker, ensure your ad makes the training shoe’s unique feature(s) (e.g. it’s ideal for all CrossFit athletes for X reason).
    5. Think about ad format and placement.
    When it comes to your CPM ads, it’s critical you consider ad format and placement.
    Perform research on your buyer personas and target audience as well as competitive intelligence— this will provide an understanding of what will work best among your audience as well as what’s working well for your competitors.
    This research will also help you decide which ad publisher you’ll use to share your CPM ads based on the audience you can target via that publisher as well as the format in which you can publish your ads (e.g. display ads, mobile ads, etc.). 
    6. Consistently analyze your results.
    Similar to all strategies in business, you need to analyze your results. Be sure to track the success of your CPM ads and campaigns — report on what’s working and what isn’t hitting the mark.
    You can do this by calculating your CPM regularly (while ads are live and once campaigns end), sharing that information with team members, and iterating as needed. Most ad software also has reporting capabilities that can help you track, record, store, and share CPM results.
    You can also log this information in your marketing software and/or your CRM so all things related to your marketing work and your customers are stored in a single platform.
    Start Calculating CPM
    CPM is a valuable metric for marketers and advertisers — it gives you an accurate understanding of your impressions.
    As a result, you’ll gain insight into your level of brand awareness, which of your content and campaigns are being viewed the most, and what’s working well among your audience.

  • 3 Tips to Improve Call Routing in Your Contact Center

    A call routing system is an essential tool for a contact center. It helps customers reach the right representative in a timely manner, and supports contact centers with rushes of incoming calls at certain times of the day.
    What is call routing, and how can you improve it? We’ll cover that, as well as the benefits and types of call routing in this article.
    The Contact Center Guide to Managing Spikes in Call Volume
    What is call routing?
    Call routing directs incoming calls to the right representative. The right representative depends on the types of call routing, which we’ll discuss a bit later.
    Call routing is usually integrated with Computer Telephone Systems (CTI) or Voice Over Internet Protocols (VOIP) to smoothly direct customers to the correct support agent. These systems allow contact centers to automatically answer customers’ incoming calls and redirect them to different people through extensions or other criteria.
    Even with hundreds of representatives, call routing makes it so the customer only has to dial one number to reach the correct support agent. The way the customer is directed though, depends on the type of call routing used.
    What is Call Routing in a Contact Center?
    Types of call routing.
    Call routing directs inbound calls based on criteria that the contact center sets. Here are some of the most common industry methods:
    Skill-based call routing.
    Inbound calls are directed to agents based on their individual level of experience. For example, if the system indicates that the caller had reached out multiple times without reaching a resolution, call routing should direct them to an agent with more experience.
    Time-based and location-based call routing.
    This is most often used for large brands with international customers or clientele. The call routing system notes the geographical location or time zone of the caller, and directs them to the department nearest to them.
    Caller ID.
    With this method, calls are directed based on details such as their phone number or contact history. For example, a caller who has an unresolved issue from a previous support interaction may be forwarded to the last agent they spoke with to continue the conversation.
    Interactive Voice Response (IVR).
    Similar to a traditional phone IVR, Visual IVR lets your customer navigate a menu from your website or mobile app. Pair it with call-back technology, and you can even let them schedule their own call-backs for a time that works for them.
    Artificial Intelligence (AI).
    Voice recognition software is capable of redirecting callers using voice biometric technology. This type of call routing can take your customer experience to the next level!
    Benefits of call routing.
    Call routing is not only beneficial — it’s essential for a smooth call center operation and customer experience. Some key benefits include:
    Improved agent productivity.
    A strategy for directing calls optimizes workflows, which lets agents be more productive. Rather than spending time redirecting calls, they can focus on providing quality support to their customers.
    Happier customers.
    When done correctly, call routing can lower wait times. Less time on hold means happier customers – 67% of customers say positive customer experiences are a big factor when it comes to brand loyalty.

    FACT:
    67% of customers will maintain loyalty to a company if they’ve had positive experiences.

    Tips for improving call routing.
    Call routing is necessary for a contact center’s profits and operations. However, you’ll only reap the benefits if you take the time to optimize your processes. Here are a few tips to get you started:
    Research your customers.
    You can’t optimize processes when you don’t know who it’s for. Call center KPIs like CSat and NPS are great for measuring what your customers like and don’t like about your process. Conducting market research on your customers takes things one step further so you can better understand their needs and concerns and keep them in mind when planning your strategy.
    Test different approaches.
    We covered several different call routing tactics, all with their own strengths and challenges. If you use the queue type of call routing based on agent availability, spice things up a bit! Try out skill-based or time-based call routing and see if it changes your customer satisfaction scores.

    TIP:
    No type of call routing is the best match for every single call center. Try out different kinds, like caller ID, skills-based, and time-based to see what works best for your contact center.

    Make your criteria specific.
    If you’ve opted to use skill-based call routing, be sure you set very specific criteria. For instance, “Technical Support Agents” can be broken up into “AI technology”, or “IT support”. Here are some other criteria examples:

    Strong customer satisfaction record;
    5+ years experience in the contact center;
    fluency in Spanish.
    The post Blog first appeared on Fonolo.

  • Entitlement

    A feeling of entitlement is hard won.
    You suffered to get to this spot. You were mistreated. You worked hard. You paid your dues. You were treated unfairly. It’s your turn. Justice demands it. You’re aggrieved. Or perhaps the thing you’ve worked so hard on is magical, special and totally worth people’s attention.
    Like I said, you’re entitled. To your grievance or the meeting or even simply, the benefit of the doubt.
    Alas: Our entitlement isn’t helpful.
    Feeling entitled doesn’t make it more likely that others will listen to you, do what you ask or respect you. Feeling entitled doesn’t get you a sale or make it easier to merge into moving traffic, no matter how long you’ve been waiting.
    So yes, you’re entitled. We all are, sooner or later.
    But feeling that we’re entitled and demanding that others realize that we’re entitled is completely useless and might even get in the way of the work we hope to do.

  • Happy first day of work – improve your employee onboarding experience

    Ensuring a happy first day of work for a new employee is much more important than many organisations would ever imagine. According to recent studies, the employee onboarding experience is crucial for long-term satisfaction and optimal performance, yet many brands fail to do it right. Without a strategic process, employers easily miss the essential steps…
    The post Happy first day of work – improve your employee onboarding experience appeared first on Customer Experience Magazine.

  • Marketing automation and customization to SaaS funnel, how do you do it?

    How do you fine tune automation to SaaS funnel? i.e. Activation, Monetization, Upsell and Churn prevention? Is it a configuration of different decision trees or automation workflows to each of these goals or do you have an easy way to do this?
    submitted by /u/rohynal [link] [comments]