WEBVTT
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00:00:05.543AI is a critical component of your customer experience strategy.
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00:00:10.314And without it, you will lose ground on your ability to remain competitive.
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00:00:13.624My name's Frank Rogers, and I'm a CX architect.
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00:00:21.914I can help you transform organizationally and digitally to reach your goals and objectives with better CX and AI.
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00:00:28.684Now, I'd like you to watch this 30 minute webinar, and afterwards you will clearly understand.
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00:00:36.798Five AI methods you can apply today to drive better CX and ultimately better business outcomes.
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00:00:39.948If you want to be successful folks, let's go get it.
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00:00:47.209Why is CX and more importantly, AI within the context of CX important?
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00:01:02.064Well, there's a couple of things that we understand and that we probably all share, but it's good to bring them up and that is we went through a pandemic and if that wasn't a big enough paradigm shift in our lives everything afterwards transformed completely from that one singular event.
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00:01:04.424We also have domestic unrest.
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00:01:06.353We just feel it inside of our culture.
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00:01:11.024There's an uneasiness and we have wars around the world and hyperinflation.
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00:01:15.484So this down pressure has created a lot of disruption.
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00:01:19.323And whenever there's disruption, for lack of a better word, there's opportunity.
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00:01:20.343So.
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00:01:22.409What are some of the things that have changed?
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00:01:25.289And I know certainly it's changed for me and I'm sure for you as well.
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00:01:29.750Definitely for our customers is customer behavior is different.
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00:01:39.228What we're finding is that people walk away from the experience with a brand that they previously trusted just after one bad experience.
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00:01:53.983And so you see from dimensional research, Microsoft, Kolsky, Bain, many others, they're seeing this see you later kind of attitude that after one bad customer service experience, 39 percent of customers will avoid a company for two years.
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00:02:06.233That is dramatic and all the more reason for us to have a great customer experience, because even though we established this trust, one bad experience can end that relationship.
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00:02:33.204So what has happened in that time period to, to impact some of this generative AI in and of itself has flipped the script on self service and it's changing dramatically how people work and how consumers engage with technology and low code, no code technologies are making it even easier for people to produce software that we're going to use.
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00:02:37.403So we're getting this rush of new software technology and applications.
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00:02:54.998And then we have this new kind of technology is somewhat new, but really in the last five years, blockchain has come in and it's providing levels of complexity, it's adding security to be sure, and maybe some flexibility, but people are all in the midst of adopting this huge technology.
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00:02:58.389And so that is a radical change in and of itself.
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00:03:03.585Well, we talked a little bit about behavior, and so let's look at what A.
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00:03:04.004I.
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00:03:09.985Has done outside of behavior, but just to the aspects of people's jobs.
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00:03:15.574So this is some information that came from Upwork in fiver, and it really has to do with the freelance community.
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00:03:18.354But it's a great reflection on jobs in total.
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00:03:23.354And if you look down at the bottom, this blue line is essentially displacement.
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00:03:38.463So people that were writers or working on translation in sales and marketing, their jobs are starting to become displaced and it's being replaced by AI technology to provide that same service.
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00:03:46.675And the higher you go on the chain, maybe towards more of a higher end higher touch, you'll see that people are still a big part of that process.
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00:03:52.574This is really important to understand because this has happened literally within the last two years.
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00:03:53.614And so.
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00:04:15.864You know, Goldman out there looking at this is breaking down job functions and they're looking at where automation is coming from this AI and across all industries, they're looking at about 25 percent of the jobs and roles in those businesses are going to have a form of displacement by providing automation through AI, this is.
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00:04:29.115Huge in terms of how people work, the professions that they choose to follow, and ultimately what you can expect from experience sales and related more than that 25 percent business and finance operations.
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00:04:29.870Wow.
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00:04:33.598It grows even a little bit more office and admin support.
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00:04:36.550We're seeing huge change again.
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00:04:44.348I just want to remind you this is just after two years of really introduction in its practical sense of A.
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00:04:45.889Now.
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00:04:53.185Let's scoot back a little bit to behavior and let's think about that overlaid with the whole concept of self service.
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00:05:03.223And these are some pretty, jarring statistics here, and they're just a slice of the statistics, but they give an insight into what's happening out there with your customers.
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00:05:03.863So.
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00:05:22.514If you have a whole host of Gen Z and millennial customers, I'm not talking about Gen X or the boomers, but this, this group here of Gen Z and millennials clumped together, what the survey here that came out from Gartner, which was if their issue couldn't be resolved quickly using self service, what would they do?
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00:05:24.964What like, what is their next step?
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00:05:30.795First of all, 55%, they use the service or product less.
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00:05:33.935So you have less of an adoption of your own technology.
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00:05:39.363Secondly, 52 percent of them wouldn't even buy from that company again in the future.
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00:05:41.074Like that's it they're gone.
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00:05:43.055They may not even fill out a survey.
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00:05:51.834They may not call and tell anybody, but what they may do is 44 percent of them will go on a social and maybe drop some FUD about your business.
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00:05:52.665And so.
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00:05:59.285This is jarring in terms of a huge paradigm shift in terms of how people want to engage.
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00:06:07.074So self-service is growing and strangely, and oddly enough, people still want to engage with people as well.
00:06:07.074 -->
00:06:08.423So that's not going away.
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00:06:17.173So the whole dystopian view of complete replacement with AI is something of of a incorrect assumption.
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00:06:19.913So let's think about this a little bit more.
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00:06:22.588These choices, people being able to create.
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00:06:31.355Software applications, plug in technologies, they're coming out on the daily and it's creating confusion in the marketplace.
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00:06:44.824This is all happening at the same time that there is kind of a pitting together against traditional companies, companies that are brick and mortar companies against companies that are startups in the click and mortar or the digital age.
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00:06:50.144So we've got brick and mortar versus click and mortar, and some of the click and mortar can move faster.
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00:06:53.524They're more agile, but they may not have the customer base, but they provide.
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00:07:04.194Disruption and competitiveness, privacy and fraud as we go, digital are at the forefront of concern and of effort in the security realm.
00:07:04.675 -->
00:07:06.884And then our competition is just not down the street.
00:07:06.913 -->
00:07:07.894It's not local.
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00:07:09.084It may not be in our state.
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00:07:10.834It may not even be in our own country.
00:07:11.045 -->
00:07:16.355Competition is getting blurred across the world and customers are expecting more.
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00:07:18.564So all of this is happening.
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00:07:22.490At the cross section of a I being delivered out.
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00:07:30.339So the good news around all of this really is that we have a choice, and the choice really is to improve your customer experience.
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00:07:33.240And so if you look up here, this is where we start.
00:07:33.240 -->
00:07:35.538We think about what's inside our control.
00:07:35.810 -->
00:07:37.699We think about what we have already.
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00:07:40.160We have gratitude for the fact that we have customers.
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00:07:43.180I know I do, and we want to keep those customers.
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00:07:46.428We want to keep them happy at the same time that we reach out to them.
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00:07:48.000And grow our customer base.
00:07:48.850 -->
00:07:51.250We want to understand our customer better than ever.
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00:07:55.790This is to help fundamentally serve them in a more palpable way.
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00:07:59.310And we want to be able to optimize our costs while we're doing this.
00:07:59.658 -->
00:08:04.129And this may require a little bit of change in where our people sit inside the business.
00:08:04.129 -->
00:08:08.339We may have to move some people out of support and maybe up front into.
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00:08:12.610More of a sales role or a business development role or professional services role.
00:08:13.139 -->
00:08:15.769And finally, we need to build a practice around CX.
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00:08:16.899It's a big enough topic.
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00:08:19.209Now it's at the core of how we drive our business.
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00:08:21.699And this is really kind of the answer.
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00:08:28.668And AI is probably one of the most pressing, interesting and growing components of customer experience.
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00:08:33.019Here's if anything, this, this should be motivating.
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00:08:43.600You know, if we're looking at those people that focused on customer experience, they outperform their counterparts, their competition by almost double by having this incredible level of focus inside their business.
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00:08:54.970And this is a, an out kind of point from McKinsey, which is really powerful because they're really serving across the major organizations that probably are the least flexible.
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00:08:59.850And those that are making the move towards this at a faster rate are winning.
00:09:01.080 -->
00:09:02.940So let's, let's get down to it.
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00:09:03.919Let's talk about.
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00:09:08.664These five AI methods lead to better customer experience.
00:09:08.664 -->
00:09:12.554And when we talk about customer experience, you know, we get there in a lot of different ways.
00:09:12.554 -->
00:09:19.153We get there through getting better conversion at all of our touch points by driving better engagement.
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00:09:20.394That's really critical.
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00:09:22.464That's really what we're talking about with AI.
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00:09:27.595It's where people intersect with this digital technology, the insights that we get from that.
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00:09:30.320And ultimately, The success that's driven.
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00:09:32.379So let's get started now.
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00:09:33.379Let's get it method.
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00:09:33.999Number one.
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00:09:35.580Convo Intel.
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00:09:36.899What does that mean?
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00:09:41.570Well, it really means conversational intelligence, and that's the first step along the way.
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00:09:43.309This is kind of some low hanging fruit.
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00:09:45.120It's a software platform.
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00:09:45.879It's a tool.
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00:09:54.879It plugs into your unified communications, your contact center, CRM, your Salesforce, Microsoft Dynamics, CRM, whatever you have, it plugs directly into it.
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00:10:01.668And what it's doing is that while you're engaging with your customer over voice or maybe in a video just like this, it's.
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00:10:06.419getting all that data, all that information and pulling it together and assessing it.
00:10:06.840 -->
00:10:07.740And what is it doing?
00:10:07.750 -->
00:10:08.570It's figuring out.
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00:10:10.110Are you having a good conversation?
00:10:10.870 -->
00:10:16.029Is this conversation complete when when it comes to the type of conversation you should be having?
00:10:16.370 -->
00:10:19.229And can we predict any outcomes that come from this?
00:10:20.029 -->
00:10:22.519So this is the overlay for this.
00:10:22.889 -->
00:10:24.659It's just understanding the conversation.
00:10:24.679 -->
00:10:25.979This is step number one.
00:10:26.230 -->
00:10:32.339If we can use AI just to understand what the heck we're doing already, we're going to get a move forward.
00:10:32.719 -->
00:10:39.919We're going to have speech analytics, natural language processing and sentiment, we're going to understand the feeling that's going on in this.
00:10:39.929 -->
00:10:41.429Is this going the right direction?
00:10:41.799 -->
00:10:44.620We're going to have transcripts, summaries of the meeting.
00:10:44.870 -->
00:10:48.969And then we're going to also pull together KPIs from it because we're going to understand what's going on.
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00:10:50.190the conversation more.
00:10:50.600 -->
00:10:52.669And when we talk about that, what does that mean?
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00:10:53.830Understanding it more?
00:10:54.460 -->
00:10:58.169Well, here's how we understand the conversation in a lot of different ways.
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00:11:03.369One in that conversation, let's say, for example, you're in sales or your customer service.
00:11:03.549 -->
00:11:06.869You may be talking about this in a way that you're talking to customers.
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00:11:08.240They're there.
00:11:08.379 -->
00:11:10.080You're talking about competition.
00:11:10.289 -->
00:11:14.919You're getting a lot of intel as to what is inside of the customer's mind.
00:11:16.044 -->
00:11:25.374You're getting information about how the conversation went, and you can provide direct feedback to your customer service representative or your salesperson, get better coaching.
00:11:25.434 -->
00:11:26.443That's really critical.
00:11:26.904 -->
00:11:35.625And for those of us that all know that inside of our industry, we need better compliance, well, compliance, monitoring, regulatory compliance.
00:11:35.995 -->
00:11:38.345All this stuff is pulled together and assessed.
00:11:38.355 -->
00:11:45.914So if you want to know how your conversations are going, you will know precisely with this tool as evidenced by the data that has been captured.
00:11:46.225 -->
00:11:49.575And more importantly, you'll understand what is your pipeline doing?
00:11:49.943 -->
00:11:53.313You know, our, is the conversation full with BeMantered?
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00:11:58.663Does it have you know, the right level of understanding to predict revenue?
00:11:59.625 -->
00:12:06.960This will also help with attrition around people as well, because we're going to raise the bar in terms of, Our conversation.
00:12:08.710 -->
00:12:09.539What does that look like?
00:12:09.539 -->
00:12:11.789So this is actually an example of ring sense.
00:12:11.799 -->
00:12:14.269So this is about making sense of your data.
00:12:14.399 -->
00:12:16.320This is ring sense from ring central.
00:12:16.580 -->
00:12:21.158And you can see already all the things we talked about are manifest in this interface.
00:12:21.168 -->
00:12:28.139So we've got sentiment, energy, talk, time, monologue, filler words, anything that has to do with this conversation.
00:12:28.360 -->
00:12:29.840We have an AI coach.
00:12:30.063 -->
00:12:31.813We can look at Q and a around this.
00:12:31.813 -->
00:12:36.414We can identify our competitors, see what kind of objections that we're receiving.
00:12:36.735 -->
00:12:41.934This information is critical, invaluable, and we can push that information right up into the CRM.
00:12:43.144 -->
00:12:44.783So what are some of the benefits?
00:12:44.783 -->
00:12:48.024Well, we're going to get better customer experience because we're having a better conversation.
00:12:48.024 -->
00:12:49.815So it kind of makes sense right off the top.
00:12:50.225 -->
00:12:54.264We're going to have better salesperson performance because we're coaching at a higher level.
00:12:54.605 -->
00:12:57.534That's going to equal better job satisfaction.
00:12:57.735 -->
00:12:58.445Retention.
00:12:58.784 -->
00:13:00.445We're gonna have operational efficiencies.
00:13:00.475 -->
00:13:05.534We're gonna have a tighter call, a more precise call, and we're gonna improve decisioning.
00:13:05.554 -->
00:13:15.205So for our managers that are wondering what's going on with our team, they're gonna know what's going on with their team, and they can provide better decisions around how they guide that group of people.
00:13:15.585 -->
00:13:18.705And we're also gonna be able to damp down the risk of doing business.
00:13:21.184 -->
00:13:25.894What are some of the results when, when we talk about results, you know, we're really trying to think about quantifying.
00:13:25.904 -->
00:13:29.924So these are objectives that we're trying to go to quantifiable goals.
00:13:30.195 -->
00:13:32.813And so we want to improve sales performance.
00:13:32.813 -->
00:13:41.914We want to get from MQL, so marketing qualified leads to sales qualified leads faster in the conversion cycle, improve our average deal size.
00:13:41.985 -->
00:13:44.404Sales cycle, lower the handle time.
00:13:44.404 -->
00:13:45.985So let's get more calls in, in the day.
00:13:45.995 -->
00:13:47.434Let's get more precise calls.
00:13:48.174 -->
00:13:49.804Let's not waste everybody's time.
00:13:49.815 -->
00:13:55.833Let's make this a very powerful conversation, higher customer satisfaction, NPS CSAT.
00:13:55.833 -->
00:14:02.754There's ways to monitor all of this and quantify the results and understand the ROI to your business.
00:14:04.208 -->
00:14:19.360Our recommendation to you right off the bat is, listen, you've got a CRM, probably you probably have a communications technology if you don't think it's like strong enough, we can help you with that, but ultimately you can plug this in and get going right away.
00:14:19.360 -->
00:14:28.789You want to get that data insight as fast as you can to be able to make better decisions and then start this process because it's going to be fluid and ongoing.
00:14:30.240 -->
00:14:30.580All right.
00:14:30.779 -->
00:14:31.529That's number one.
00:14:31.629 -->
00:14:37.519And I think that's an easy one for people to get going with right off the bat, low implementation time.
00:14:37.850 -->
00:14:39.609The next one is agent assist.
00:14:39.629 -->
00:14:43.539And if you think about it, these two have a lot in common together.
00:14:43.549 -->
00:14:48.830They're about really enabling your person inside your business to have a better conversation.
00:14:49.840 -->
00:14:51.470So what does that look like again?
00:14:51.490 -->
00:14:52.570It's a software tool.
00:14:52.610 -->
00:14:55.450It plugs into your primary communications technologies.
00:14:55.860 -->
00:14:57.759What's cool about it is it's real time.
00:14:57.940 -->
00:15:01.720All of this is happening while your person is on the phone with the customer.
00:15:01.840 -->
00:15:13.230So this is for customer facing people, and it's highly configurable, so it leverages a I and it provides tips and guidance all along the way, and it generates just like all a I does.
00:15:13.725 -->
00:15:15.094Gobs and gobs of data.
00:15:15.854 -->
00:15:20.195So let's think a little bit about how this would look and sound.
00:15:20.195 -->
00:15:22.274So I'm going to drop a little video in here for you.
00:15:23.274 -->
00:15:38.355My name is Susie with smart checklist showing agents how to keep calls on track and guidance prompts to handle any turn in the conversation filled with relevant decks, giving agents the confidence they need to perform and with real time coaching agents can request manager help in a click.
00:15:38.970 -->
00:15:40.619So make your agents happier.
00:15:42.349 -->
00:15:43.469So pretty cool.
00:15:43.529 -->
00:15:51.178If you think about it, like you can place that out there with your salespeople, your customer service people, and it's going to do some pretty incredible things.
00:15:51.578 -->
00:15:55.969Now, what it's going to do is it's going to help keep your agents and your people on track.
00:15:56.269 -->
00:15:57.538That is really critical.
00:15:57.549 -->
00:15:58.950So they're going to be listening.
00:15:58.950 -->
00:16:00.720The AI is going to be listening.
00:16:00.970 -->
00:16:04.169The AI is going to be providing levels of completion.
00:16:04.399 -->
00:16:06.200Are you talking about all the things you need to?
00:16:06.720 -->
00:16:08.339It's going to be doing the note taking.
00:16:08.349 -->
00:16:13.379It's going to put that into the CRM and it's going to measure your best practices.
00:16:13.389 -->
00:16:14.578Are they actually working?
00:16:14.889 -->
00:16:22.918And it's going to look at really your people and you're going to be able to see like, Hey, these are the top 10 people in my business that are having the best outcomes.
00:16:23.099 -->
00:16:28.219You'll be able to learn from that and have that automatically update and coach people across the business.
00:16:28.229 -->
00:16:32.619So you're up leveling your skills all the time and it triggers coachable moments.
00:16:32.619 -->
00:16:42.000So while you're in the moment rather than looking at something from a week ago and having that conversation right there in that moment, you're getting assistance and you're getting a scorecard.
00:16:42.009 -->
00:16:45.710So you're getting something that you can kind of see whether or not you're making progress.
00:16:46.950 -->
00:16:48.129Now, what does this do?
00:16:48.149 -->
00:16:52.469So again, objectives, percentages, this is all important stuff.
00:16:52.470 -->
00:17:00.049As we're talking to the CFO, the COO and the business, we're going to be able to have ramp time for agents decreased by up to 75%.
00:17:00.500 -->
00:17:01.210Why is that?
00:17:01.230 -->
00:17:02.969Well, that trading period.
00:17:03.125 -->
00:17:09.684You can move directly into this and they're being trained and assisted all the way through in their initial discussions.
00:17:10.315 -->
00:17:12.855Average handle time decreases by 42 seconds.
00:17:12.855 -->
00:17:18.865If you have a large group of people out there talking, you understand the huge level of impact that has to the business.
00:17:19.664 -->
00:17:22.164A 25 percent improvement in CSAT scores.
00:17:22.453 -->
00:17:26.494You can see huge increases in conversions and top and bottom line growth.
00:17:26.505 -->
00:17:29.249So the ROI for agent assist is huge.
00:17:29.400 -->
00:17:31.150Is really incredible.
00:17:31.160 -->
00:17:35.529So number one, we talked about, you know, really having conversational intelligence.
00:17:35.539 -->
00:17:37.259That's really kind of your first step into it.
00:17:37.589 -->
00:17:40.240The next one is really empower your people.
00:17:40.240 -->
00:17:46.959And all of this is being driven by a I and we'll share a little bit about how that kind of works more in this webinar.
00:17:47.740 -->
00:17:49.019You may say, well, I can't do this.
00:17:49.019 -->
00:17:49.849You can do this.
00:17:49.859 -->
00:17:51.638It actually can be done pretty quickly.
00:17:51.689 -->
00:17:58.419So this is, seems like it's a big undertaking, but something like this can really be brought to life in a 30 to 60 day period.
00:17:58.429 -->
00:18:08.429So this is something that's very affordable and it's very doable, which means if you can get these kinds of lifts in your organization, it's low hanging fruit.
00:18:09.529 -->
00:18:16.099You kind of things you want to look at is maybe do you have a large investment in people and what is that number?
00:18:16.099 -->
00:18:18.690And do you have any level of turnover?
00:18:18.710 -->
00:18:20.349Do you have performance variability?
00:18:20.609 -->
00:18:23.838I have a client right now that has no turnover on their team.
00:18:23.890 -->
00:18:25.200It's a huge team.
00:18:25.579 -->
00:18:30.279And and this is like number four on their list to, to approach.
00:18:30.565 -->
00:18:35.704For people that have a lot of people in high turnover, it may be number one on their list to approach.
00:18:35.704 -->
00:18:39.703So all of these things have a caveat in terms of a user story.
00:18:39.703 -->
00:18:51.035And when you look to use it think about compliance and costs and consistency, especially with inside of industries that fundamentally are regulated heavily, and it's important that you have the right conversation.
00:18:52.724 -->
00:18:53.535So there we go.
00:18:53.555 -->
00:18:54.634Number one and number two.
00:18:54.664 -->
00:18:56.525Number three voice bots.
00:18:56.944 -->
00:18:59.424And so what do we mean about a voice bot?
00:18:59.454 -->
00:19:03.144Well, this is a really big part of AI and one that we hear all the time.
00:19:03.144 -->
00:19:05.875And sometimes there's a lot of controversy around it as well.
00:19:06.134 -->
00:19:07.335But it's a platform tool.
00:19:07.403 -->
00:19:10.183It plugs into your communications technology as well.
00:19:10.555 -->
00:19:14.055It typically plugs directly into like the voice system that you have.
00:19:14.434 -->
00:19:17.579And it's basically All based on natural language processing.
00:19:17.579 -->
00:19:19.170It's large language models.
00:19:19.170 -->
00:19:37.769These are all the parlance of AI and it is essence at its very basis, conversational AI, that's the way we look at this and you can select voices, personas, like if you have a brand and you want it to sound a certain way, you can make it sound exactly how your company ebbs and flows and typically is driven by.
00:19:37.970 -->
00:19:38.970A knowledge base.
00:19:38.970 -->
00:19:47.569And we'll talk a little bit more about that, but what's beautiful about voice bots is that you already may have a really strong voice channel.
00:19:47.569 -->
00:19:50.240People choose to pick up the phone and give your company a call.
00:19:50.519 -->
00:19:50.869So this.
00:19:51.325 -->
00:19:55.095Intersects with that existing behavior of the customer.
00:19:55.474 -->
00:20:06.214And if there's a challenge, if there's a verbal in there, in terms of not getting resolved, it can be elevated into a conversation directly with one of your representatives, either in sales or customer service.
00:20:07.849 -->
00:20:13.109Now I'm going to play for you a particular actual interaction.
00:20:13.109 -->
00:20:16.500So this is, as you can see, this is 100 percent real call.
00:20:16.509 -->
00:20:17.009Seriously.
00:20:17.009 -->
00:20:17.358It is.
00:20:17.380 -->
00:20:27.420And you're going to really think this is kind of interesting because this is a state of the art of what we can expect when we're having a call with a voice bot.
00:20:27.609 -->
00:20:29.200So take a listen.
00:20:29.734 -->
00:20:31.134Thank you for calling Warranty Service.
00:20:31.174 -->
00:20:32.355This is Audrey speaking.
00:20:32.365 -->
00:20:36.964Before we get started, can I just check if you're calling to open or check the status of a claim?
00:20:37.785 -->
00:20:39.723Yes, I wanted to open a new claim.
00:20:41.214 -->
00:20:41.574Great.
00:20:41.574 -->
00:20:44.424Could you tell me the full phone number associated with your account?
00:20:44.765 -->
00:20:48.785You could either read it to me or type it into the phone keypad followed by the pound sign.
00:20:50.099 -->
00:20:52.339It should be the number I'm calling from.
00:20:53.710 -->
00:20:57.378All right, I see a warranty here, but I just need to double check it's the right one.
00:20:57.669 -->
00:20:59.789Could you give me the full name of the account holder?
00:21:01.009 -->
00:21:01.799Vince Tobar.
00:21:03.659 -->
00:21:05.329Perfect, I've got the right account here.
00:21:05.359 -->
00:21:09.990And are you calling on behalf of a retail business or are you an individual consumer?
00:21:11.069 -->
00:21:12.398I'm an individual consumer.
00:21:14.250 -->
00:21:14.619Great.
00:21:14.628 -->
00:21:22.348So, in order to file a new claim, we'll first have you fill out a form on the website to collect some preliminary details, and then we'll be in touch with next steps.
00:21:22.579 -->
00:21:24.969Can I send you a link to that form via text message?
00:21:26.979 -->
00:21:31.539Before you do that, I mean, the damage to the furniture might be pretty simple to fix myself.
00:21:31.599 -->
00:21:35.489Is it something I should try to self repair, or is it worth contacting the warranty service?
00:21:37.179 -->
00:21:44.898If the stain or damage is the result of a single incident, we definitely recommend contacting the warranty service before trying to address it on your own.
00:21:44.929 -->
00:21:48.169Would you like me to send you a text message with that mailing address for your reference?
00:21:50.529 -->
00:21:53.140No, I'll just do the new claim form.
00:21:55.579 -->
00:21:58.599Now, did you still want that SMS with a link to open a new claim?
00:21:59.599 -->
00:22:00.378Yes, please.
00:22:01.750 -->
00:22:02.720And, that's sent.
00:22:03.138 -->
00:22:06.009You should receive a text message with that link in the next few minutes.
00:22:06.479 -->
00:22:08.148Is there anything else I can do for you today?
00:22:09.730 -->
00:22:10.369No, thank you.
00:22:11.509 -->
00:22:14.009Thanks again for calling and have a great rest of your day.
00:22:14.160 -->
00:22:14.640Bye now.
00:22:17.049 -->
00:22:18.779So Tyler, what'd you think of that?
00:22:19.740 -->
00:22:21.299Absolutely incredible.
00:22:21.420 -->
00:22:27.199The technology there is, has come so far in the last couple of years.
00:22:27.199 -->
00:22:28.779I mean, that was a real conversation.
00:22:29.269 -->
00:22:30.368It's bonkers good.
00:22:30.409 -->
00:22:40.119And that's I think the point that I want to, get home here is that, you know, all of this is really based upon these models that help us dig into.
00:22:40.424 -->
00:22:42.454A knowledge base that we've curated ourselves.
00:22:42.464 -->
00:22:47.204So that was an actual, voice conversation that was recorded.
00:22:47.463 -->
00:22:54.974And a lot of it comes down to the fact that that organization built out a knowledge base, which truly represented how they did business.
00:22:54.984 -->
00:22:58.664And then they trained their model to reflect their brand.
00:22:58.924 -->
00:22:59.724And how does that work?
00:22:59.734 -->
00:23:01.984Well, this is a pretty big slide.
00:23:02.684 -->
00:23:07.855Again, I'm going to be sending this to you, but if you just think about it, what is a knowledge base?
00:23:08.279 -->
00:23:09.099It's webpages.
00:23:09.440 -->
00:23:33.089There's a web server, there's a browser and there's articles and posts and, and these webpages have been built out to provide a source of truth and our bot, whether it's a chat bot or a voice bot can now utilize that source of truth to have a better conversation, to set better expectations and to solve the problem that the customer is reaching out for or need.
00:23:33.140 -->
00:23:34.628It doesn't necessarily need to be a problem.
00:23:34.730 -->
00:23:36.259It could be, they just want to buy something.
00:23:36.759 -->
00:23:37.180So.
00:23:37.474 -->
00:23:38.355That's a knowledge base.
00:23:38.384 -->
00:23:39.575It's your source of truth.
00:23:39.944 -->
00:23:42.875And it could be anything like RingCentral has its own kind of brand.
00:23:42.875 -->
00:23:51.595It has a contact center with a tool called CX Expert, which is kind of a modulated you know, web server with articles.
00:23:52.074 -->
00:23:54.005You may be a Microsoft house.
00:23:54.055 -->
00:23:59.904Maybe you want to have a SharePoint site and kind of a custom bespoke model out there of web pages.
00:24:00.515 -->
00:24:03.214You might even just go straight to this core web pages.
00:24:03.224 -->
00:24:08.045You build it out in WordPress, build an FAQ and that becomes your source of truth.
00:24:08.535 -->
00:24:11.845Building a knowledge base should never be anything that's an obstacle.
00:24:11.854 -->
00:24:18.375It is not difficult to do, and it really helps you consolidate the truth about your business.
00:24:18.585 -->
00:24:21.724Outside of just databases that we may dig into as well.
00:24:21.974 -->
00:24:25.944So here we are, what is the benefits of a voice bot?
00:24:25.974 -->
00:24:27.654Well, it really helps out the labor force.
00:24:27.654 -->
00:24:32.305So the labor force now moves to what's called an HVA high value agent.
00:24:32.404 -->
00:24:41.075People are handling the most complex conversations and sometimes some of the most valuable conversations provides scalability during peak operating hours.
00:24:41.355 -->
00:24:43.904And it gives you 24 seven support.
00:24:44.539 -->
00:24:57.288It reduces complexity around the voice calling because instead of having somebody go through 20 different options, we could just ask them what they need and then personalized experiences because we're gonna possibly know who that person is.
00:24:57.288 -->
00:24:58.869We know the telephone number they're coming in.
00:24:58.869 -->
00:25:02.970We figured out that they're an existing customer and we're gonna know what they're all about.
00:25:02.980 -->
00:25:09.159And so we can have actually a real personal conversation with that individual and we can enhance automation.
00:25:10.615 -->
00:25:19.473Really 65 percent of all tasks, you know, are being driven by self service, you know, right now, this is where people are getting huge gains.
00:25:19.473 -->
00:25:20.944And I want to, want to talk about gains.
00:25:20.954 -->
00:25:23.505I want to emphasize competitive gains.
00:25:23.704 -->
00:25:28.683This is you in the marketplace competing for your customer to keep your customers.
00:25:29.325 -->
00:25:31.085Now, here's another one that I'm going to play.
00:25:31.125 -->
00:25:39.454And I think you're going to really like this as well, because this shows like how incredibly natural this particular type of sound can be.
00:25:40.265 -->
00:25:46.723When it comes to having an AI that is engaging at a very personal level with a customer.
00:25:46.923 -->
00:25:47.403Here we go.
00:25:48.153 -->
00:25:50.153Good afternoon, P& O Cruises.
00:25:50.544 -->
00:25:51.413How can I help?
00:25:52.423 -->
00:25:55.634Hi, I've got a cruise booked for next month.
00:25:56.324 -->
00:25:58.193I got my order number here, my reference number.
00:25:58.193 -->
00:26:03.349Sorry, I That's okay I may not need your booking reference.
00:26:03.559 -->
00:26:04.930How can I help with your booking?
00:26:05.880 -->
00:26:12.029Okay, I think I've got free coach travel included, but I'm not sure how to book it.
00:26:14.240 -->
00:26:16.630Yep, I'll take a look at coach transfers with you.
00:26:16.849 -->
00:26:18.990What type of cruise are you sailing on?
00:26:22.279 -->
00:26:23.289Oh I don't know, sorry.
00:26:25.329 -->
00:26:30.308Is it like a Southampton round trip, a fly cruise, an exotic cruise, or a world cruise?
00:26:30.880 -->
00:26:32.358Oh yeah, it's from Southampton.
00:26:34.569 -->
00:26:35.640And which fare have you booked on?
00:26:37.910 -->
00:26:39.634Oh Sorry, I don't know.
00:26:41.474 -->
00:26:47.835With select Fair, you should have been offered benefits like free car parking and onboard spending money to choose from.
00:26:47.894 -->
00:26:51.674Do you know if you booked on Select Fair or was it Saver or Early Saver?
00:26:52.924 -->
00:26:53.944Oh, select, I think.
00:26:55.724 -->
00:26:56.204Great.
00:26:56.615 -->
00:27:01.684You should have had complimentary return Coach transfers as one of the benefits to choose from when you booked on Select there.
00:27:01.984 -->
00:27:03.545And what day is the cruise departing?
00:27:06.115 -->
00:27:06.625December.
00:27:07.180 -->
00:27:08.648Great.
00:27:10.329 -->
00:27:17.539So, as long as the cruise is 7 nights or longer, there'll be return coach services to and from Southampton for everyone on the booking.
00:27:17.769 -->
00:27:25.779If you told us you wanted the service when you booked, could you make sure to contact Cruise Connect directly to reserve your seat, no later than 35 days before your holiday?
00:27:25.930 -->
00:27:28.348I can text you their number and email if you want.
00:27:29.249 -->
00:27:30.339Oh yeah, that would be great.
00:27:30.349 -->
00:27:30.910Thank you.
00:27:33.279 -->
00:27:34.799Is this phone you're calling from okay?
00:27:35.660 -->
00:27:36.170Yes.
00:27:38.400 -->
00:27:39.630And sent.
00:27:40.009 -->
00:27:41.680You should receive it shortly on your phone.
00:27:41.779 -->
00:27:43.069Anything else I can help you with?
00:27:44.440 -->
00:27:45.119Nope, that's it.
00:27:45.119 -->
00:27:49.359Thank you Thanks so much for your time.
00:27:49.529 -->
00:27:49.930Take care.
00:27:49.930 -->
00:27:50.039Bye.
00:27:50.039 -->
00:27:50.519Bye.
00:27:52.769 -->
00:27:53.779So believe it or not.
00:27:53.990 -->
00:28:09.345That was a full conversation directly with an AI and it had a level of personalization and you can see that it was Drawing deeply from the policies of that business and the offerings that they have as well.
00:28:09.704 -->
00:28:11.214Tyler, what were your thoughts about that?
00:28:12.724 -->
00:28:18.884You know, once again, just amazed for those of you that have experienced with any sort of.
00:28:19.265 -->
00:28:21.453ACD or any sort of call routing.
00:28:22.069 -->
00:28:23.130It can be very frustrating.
00:28:23.900 -->
00:28:26.569You could hear some of the background noise on that conversation.
00:28:26.599 -->
00:28:33.348Typically the more archaic systems would pick up that background noise, be confused, not know what to do.
00:28:33.849 -->
00:28:35.450This was just very natural.
00:28:35.628 -->
00:28:38.469you honestly feel like you're speaking to a human.
00:28:39.094 -->
00:28:41.114So absolutely remarkable technology.
00:28:41.673 -->
00:28:42.544It is indeed.
00:28:43.403 -->
00:28:46.094So let's think about the results from this.
00:28:46.773 -->
00:28:59.403One of the things that we really want to do for our customers is address their needs, solve their problems, get them to a point where their need is fulfilled and they're able to move on with the rest of their day.
00:28:59.733 -->
00:29:05.753And so first contact resolution, which is a term that's used a lot in the industry, along with average handle time.
00:29:06.044 -->
00:29:07.273All these things go down.
00:29:07.273 -->
00:29:20.074So what we're really trying to do is deflect away from our agents initially, unless it needs to break containment, that's the next state and go to an actual person, but we're possible.
00:29:20.074 -->
00:29:22.874We want to keep it in containment and solve the problem.
00:29:23.124 -->
00:29:26.304And so what we end up is a decrease in the cost per contact.
00:29:26.624 -->
00:29:38.769Now, this is a generalization I'm giving you, but it is reasonable that In a conversation that just transpired that cost could have been 40 cents to the company.
00:29:39.038 -->
00:29:45.788So 40 cents for that transaction versus 5 or 6 for an agent to resolve it.
00:29:46.108 -->
00:29:52.348So you can see the disparity and the cost savings and the optimization that can come for the business.
00:29:52.638 -->
00:29:54.959Meanwhile, the, the actual agent.
00:29:55.088 -->
00:29:59.048Sales person, customer service person is handling more complex items.
00:29:59.858 -->
00:30:11.719You can see 15 to 25 percent improvement in revenue and sales conversion and an increase in overall customer lifetime value of 10 to 20 percent due to these particular items, just outside of the productivity gains.
00:30:12.979 -->
00:30:14.608So very, very important though.
00:30:14.679 -->
00:30:15.459What's our tip?
00:30:15.469 -->
00:30:17.259What do we, what do we recommend?
00:30:17.558 -->
00:30:20.249Well, we recommend, like, get started with this.
00:30:20.259 -->
00:30:28.108There's a lot of people right now that are asking themselves, well, we're thinking about AI, or our IT team is looking at AI.
00:30:29.538 -->
00:30:31.818AI is available today.
00:30:32.439 -->
00:30:34.169It's usable today.
00:30:34.548 -->
00:30:43.163And people are Consuming it in a way that it's making their businesses move forward and competitive more effectively, so there's a way to approach it.
00:30:43.173 -->
00:30:45.483You go for higher volume, lower complexity.
00:30:45.493 -->
00:30:53.673So you think, well, what can I, you know, take that simple and have that handled by the AI and don't try to build an AI model yourself.
00:30:53.684 -->
00:30:56.334If you hear somebody is trying to work on that inside the organization.
00:30:56.693 -->
00:30:59.794Like maybe have a, a better conversation somewhere inside.
00:30:59.794 -->
00:31:01.023Cause you're going to waste a lot of money.
00:31:01.273 -->
00:31:03.094These AI models are out there.
00:31:03.094 -->
00:31:03.963They're on the shelf.
00:31:03.993 -->
00:31:04.834They're workable.
00:31:05.003 -->
00:31:10.263You can employ them in your business and you can damp down all the risk by curating your own knowledge base.
00:31:10.513 -->
00:31:12.203So it's all normal.
00:31:12.203 -->
00:31:14.703Like start small, optimize, learn, scale it.
00:31:14.903 -->
00:31:15.513Don't wait.
00:31:16.213 -->
00:31:20.263So method number four, this is kind of a kissing cousin to a voice bot.
00:31:20.433 -->
00:31:22.953It's your chat bot and it's a little bit different.
00:31:23.233 -->
00:31:24.913So what do we do with a chat bot?
00:31:24.923 -->
00:31:34.554Well, It's a, it's also a tool that plugs into your contact center technology and it has a knowledge base that it ties into a lot of the similar types of things.
00:31:34.554 -->
00:31:40.554It's searchable on a web portal so you can find it and it removes the need for, you know, human interaction.
00:31:40.554 -->
00:31:49.784So kind of basic flow, which comes first, the voice bot or chat bot that all comes down to discernment where you have traffic, what you're trying to accomplish.
00:31:50.013 -->
00:31:52.804There's a lot of different factors, but it's not hard to figure out.
00:31:54.023 -->
00:32:03.653So as we go through, you know, this interface that we're talking about, which is just a human being working directly with that, that chat could be directly inside of a chat bot.
00:32:04.034 -->
00:32:12.124Like right there, this person's putting in, Hey, I need to get a license for my fish name, Eric, for anybody that's money, Python fan, you're starting to follow along here.
00:32:12.763 -->
00:32:14.153Obviously it doesn't make sense.
00:32:14.203 -->
00:32:16.453They say, let's get you to talk to a person.
00:32:16.673 -->
00:32:20.693And there they are saying, I see you were looking to get a license for your pet fish, Eric.
00:32:21.358 -->
00:32:23.278Now, what does this mean?
00:32:23.288 -->
00:32:25.538This means that we're working across channels.
00:32:25.739 -->
00:32:30.088So a chat bot is very similar to like a live chat.
00:32:30.278 -->
00:32:32.028So these are like human channels here.
00:32:32.038 -->
00:32:33.838These are digital channels over here.
00:32:34.019 -->
00:32:39.519These are social channels in the middle, but all this channel information is super important and applicable.
00:32:40.108 -->
00:32:46.368Now, here's an example that you might find interesting in terms of somebody using a chat bot.
00:32:46.604 -->
00:32:50.634That chatbot's integrated into WhatsApp, and this person's trying to book a flight.
00:32:50.653 -->
00:32:52.993And they're going to do what's called multi modal.
00:32:52.993 -->
00:32:57.864So they're actually going to utilize different ways of putting the data into the chatbot.
00:32:58.104 -->
00:32:58.703Let's have a listen.
00:33:01.364 -->
00:33:02.243Hey, this is Sebastian.
00:33:02.243 -->
00:33:05.134I have a family emergency, and I need to rebook my flight to London.
00:33:14.624 -->
00:33:16.943Now they're engaging with their keyboard.
00:33:31.183 -->
00:33:32.644That's me, my wife, and the two kids.
00:33:33.588 -->
00:33:35.709Back to interfacing with voice.
00:33:49.999 -->
00:33:50.979And now they're all booked up.
00:33:51.078 -->
00:33:53.439So that was done via a chatbot.
00:33:54.249 -->
00:33:56.038And that was inserted into WhatsApp.
00:33:56.078 -->
00:34:01.538So this is a really big example of how we can mix and match and meet our customer across channels.
00:34:01.999 -->
00:34:15.103Now, when we're dealing with channels, this is kind of a complicated slide, but what we just saw was somebody on a chatbot, and they may, At some point in time say I want to speak to a person and then they get into a live session with a person.
00:34:15.364 -->
00:34:17.353Well, who do we know where to send that to?
00:34:17.804 -->
00:34:26.643Well, there's a way to figure that out and how they get to people that are on your bench, that are selling, that are supporting, maybe managing a chat channel.
00:34:26.884 -->
00:34:29.782Well, that's all done through, believe it or not, Transcribed by https: otter.
00:34:29.782 -->
00:34:31.653ai Contact center technology.
00:34:31.684 -->
00:34:32.804And that's a scary word.
00:34:32.813 -->
00:34:35.893And you may say, wait, what, how is this even possible?
00:34:36.204 -->
00:34:39.173Well, there's a dirty little secret out there.
00:34:39.173 -->
00:34:43.333And the fact that you don't have to be a contact center to use contact center technology.
00:34:43.523 -->
00:34:46.094You may say that yourself right now, we're not a contact center.
00:34:46.318 -->
00:34:50.358Or I don't even think we have a contact center technology that we're using.
00:34:50.568 -->
00:35:02.889That doesn't mean that you don't need it because in this world where we need to get people to the right people on the right channel, it's done only through contact center technology and it marries up nicely with our voice bot and our chat bot.
00:35:03.228 -->
00:35:06.938This is the best experience for the client and this is how you will win.
00:35:07.688 -->
00:35:10.889So contact center is going to allow you to do all those things.
00:35:10.898 -->
00:35:19.268Multiple customer interactions, one person doing 10 chats, people managing emails routing based upon customer inquiries.
00:35:19.268 -->
00:35:20.728They want to talk in Spanish.
00:35:20.739 -->
00:35:22.438They want to talk about a reservation.
00:35:22.648 -->
00:35:24.818It's going to get to those people that know how to handle it.
00:35:25.168 -->
00:35:27.369And then it's going to build in all the KPIs.
00:35:27.719 -->
00:35:29.478So when we get back to our chat bot.
00:35:29.768 -->
00:35:44.498That marries nicely with the contact center, all the same attributes that we saw with the voice bot around support, labor force, automation, magnified, now chat bot, same type of situation with our voice bot.
00:35:44.509 -->
00:35:56.588We're doing all the same things to improve interaction and measurement around average, you know, cost per contact improvement in revenue, increased customer lifetime value.
00:35:56.873 -->
00:35:59.463Massive in terms of impact to the organization.
00:35:59.623 -->
00:36:23.833It's always fun to work through the ROI on this We can help you do that pro tip same thing for the voice bot because they kind of go hand in hand and you may do One as a 1a and the other one is a 1b you may do them at the same time on a couple of user stories The key is is that it's leveraging that common knowledge base and then you're bringing that to the customer where you typically meet them So what's number five.
00:36:23.833 -->
00:36:25.724Number five is software synergy.
00:36:25.733 -->
00:36:30.023And this really all about the integration and data that comes from all these technologies.
00:36:30.454 -->
00:36:42.173So I said before, it throws off tons of data around the customer experience, and this is going to allow us to avoid blind spots and to make better decisions and to target the automation that we need in the business.
00:36:42.684 -->
00:36:44.824And this is how our business looks behind the scenes.
00:36:45.063 -->
00:36:49.643Venn diagram, all these technologies that we have, they're all interrelated and working together.
00:36:50.264 -->
00:36:51.153Problem is.
00:36:51.523 -->
00:37:01.153Based upon where we are in the cycle, the department, we deal with each one differently, and we don't think about all that can be done by working them together in doing it together.
00:37:01.153 -->
00:37:04.534We can do an awful lot in terms of round efficiency right off the bat.
00:37:04.903 -->
00:37:12.893But customer service and customer experience and sales are always gonna be at the forefront in terms of around getting customers and keeping customers.
00:37:12.893 -->
00:37:14.434So those are our top line goals.
00:37:14.923 -->
00:37:16.344And yeah, Same thing here.
00:37:16.344 -->
00:37:25.143We're all impacting the same metrics across all these customer lifetime value cost savings, improving your customer success scores and revenue growth.
00:37:25.423 -->
00:37:30.684All of this is improved and peaked by proper integration of these technologies.
00:37:31.034 -->
00:37:33.173So what you want to think about when you're.
00:37:33.509 -->
00:37:36.119Adopting AI is where's the data going to go?
00:37:36.128 -->
00:37:39.358Do we have a common data lake for all these experiences?
00:37:40.088 -->
00:37:42.318Can we apply methods of attribution to it?
00:37:42.329 -->
00:37:43.949Do we know where all this is coming from?
00:37:44.829 -->
00:37:51.289And do we understand how these platforms work to track the customer event cycle across the entire business?
00:37:51.778 -->
00:37:53.278This is really, really critical.
00:37:53.559 -->
00:37:56.179This is the things that you need to uncover in your business.
00:37:56.338 -->
00:38:04.528Because once you start employing this technology, you can radically improve each one of your investments by making sure they're properly integrated.
00:38:05.579 -->
00:38:06.168So there you are.
00:38:06.168 -->
00:38:12.059Great outcomes, conversational intelligence, agent assist, voicebots, chatbots, integration.
00:38:13.248 -->
00:38:13.829Great stuff.
00:38:13.878 -->
00:38:16.889So coming out of that, you can see that like this hybrid.
00:38:17.224 -->
00:38:19.614Customer support and sales environment.
00:38:19.614 -->
00:38:21.945Cause I want to lump those both together.
00:38:22.175 -->
00:38:25.985I think that's important really needs to be part of your plan.
00:38:25.985 -->
00:38:33.713And so we went through five distinct AI methods that wrap into your CX to drive better customer outcomes.
00:38:33.715 -->
00:38:35.965And they don't all have to be.
00:38:37.175 -->
00:38:44.385Once they can be levels of sequential rollout levels of paired rollout between voice bot and chat bot.
00:38:44.684 -->
00:38:51.494I just want to get across to you that this is no longer like an optional aspect of business.
00:38:51.505 -->
00:38:54.815This is how business is being conducted right now today.
00:38:55.065 -->
00:39:00.474And as fast as things moved in the last two years, that rate is only going to accelerate.
00:39:00.934 -->
00:39:02.824So I brought up on the screen here.
00:39:03.454 -->
00:39:05.224Something for a reason.
00:39:05.224 -->
00:39:07.724And that is because we've heard this from so many of our customers.
00:39:07.994 -->
00:39:12.784And that is that ultimately they're not sure how they're going to adopt AI.
00:39:13.155 -->
00:39:15.983We have a way it's called activate CX framework.
00:39:16.255 -->
00:39:18.494It can start with just a simple conversation.
00:39:18.684 -->
00:39:27.494We don't have to dig into every aspect, but you can see, we have a way of getting a level set all the way to selecting the right technology and getting moving forward on it.
00:39:27.695 -->
00:39:28.914We appreciate so much your time.
00:39:28.914 -->
00:39:31.543Your time is valuable and you chose to spend it with us.
00:39:33.135 -->
00:39:45.784Tyler, thanks so much for being on this call today and for providing your insights and your thoughts and, and reactions to some of these crazy, crazy bonkers capabilities that are available right now.
00:39:46.925 -->
00:39:47.695It's always a pleasure.
00:39:47.855 -->
00:39:48.414Thank you, Frank.
00:39:48.664 -->
00:39:48.894Yeah.
00:39:48.894 -->
00:39:49.514Thank you, Tyler.
00:39:49.675 -->
00:39:50.485Thank you, everybody.
00:39:50.514 -->
00:39:51.625We hope you have a great day.