PCQuest

Conversati­on Gateways: The Holy Grail of Customer Experience Management

Over 2 billion digital, real-time conversati­ons take place every day. People are spending more time on digital platforms than ever before

- Nishith Patnaik

It’s not uncommon for us to switch on Alexa as soon as we enter our homes these days,and one can’t evenimagin­e driving through a new route without the Google voiceover inthe background. Conversati­ons have always been important for us, but the key difference­todayis that it has evolved beyond simplehuma­n conversati­ons.In the current scenario, we have chatbots and voice assistants at our disposal round the clock.

Over 2 billion digital, real-time conversati­ons take place every day. People are spending more time on digital platforms than ever before. A Cognizant report

Businesses are now able to provide personalis­ed support to consumers throughout their usagejourn­ey. Conversati­onal AI has become almost synonymous with increased productivi­ty and greater customer satisfacti­on across global industries “Customer convenienc­e management, the modern approach of being there for the user whenever they need support is also catching up. And here lies the most important question: How to be there for the customer when it matters the most?” —Nishith Patnaik, Co-founder,

Nhance Now

on Conversati­onal AI states that “85% of businesses believe that immediate online help would improve online sales conversion rates.”However, the question ofhow businesses can consistent­ly aid their customers remainsan unanswered one. In today’s competitiv­e world, customer engagement and retention should be on the charts for every business.

The Era of Conversati­onal AI

Conversati­onal AI has made the concept of omnichanne­l businesses possible. Instant responses help brands solve customer queries much faster and much more seamlessly, which in turn increases the likelihood of conversion. Chatbots make a great engagement tool. Customer engagement accelerate­s conversati­ons which in turn drives stickiness. This then drives retention of customers and delivers growth.

Today, every business either has a chatbot, or is considerin­g one. Gartner has also predicted that 40% of mobile interactio­ns will be managed by smart agents by 2020.With this kind of tech interventi­on, there’s a possibilit­y that consumers will give up on calls and turn to only messaging.This also leads us on to think about better touchpoint­s for consumers to interact with during the post purchase stage.

The AI in Conversati­onal AI

Artificial Intelligen­ce or AI is the brain behind all these machines which are trained through complex systems like deep learning. To break it down further, deep learning is a simple guide or a flowchart that trains the machine to behave like humans. Innovation­s like voice assistants, chatbots and IoT devices bridge the gaps in connectivi­ty, and make for betterinte­ractions between the brands and its users. Machine learning and deep learning algorithms also ensure that consumer data is tracked, mapped and analysed, thus enabling the brand to monitor each individual’s customer behaviour.

Omnichanne­l Presence

A true omnichanne­l presence means that a customer always has access to two-way communicat­ions with brands. Customers feel obliged when brands pay special attention to them offering relevant services. So, you’re not only focusing on customer satisfacti­on, but also taking a step towards customer delight. A simple conversati­on beginning with a greeting can go much beyond, and lead brands to derive significan­t insights about their past behaviour and purchase history. With this in place, providing recommenda­tions for future needs also becomes simple. The entire customer relationsh­ip management process becomes much more streamline­d with data. Integratio­n of AI and Human Intelligen­ce The best of AI technologi­es has made it possible to understand and predict customer behaviour. Automated speech recognitio­n technologi­es help the processor understand the customer despite the various background noises. The integratio­n of human intelligen­ce and artificial intelligen­ce is helping technology disrupt and learn the complex human behaviour. Human intelligen­ce being the secondary source is training AI to be a better version of its own self. It just gets smarter with every interactio­n.

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