are you losing customers to hold time

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Shai Berger Co-Founder & CEO Fonolo Webinar: Are You Losing Customers to Hold Time? May 1, 2014 2:00 PM ET

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Learn how to reduce the negative financial impact of long hold times in this one hour webinar. We’ll also talk about three mega-trends and cover several real-world case studies!

TRANSCRIPT

Page 1: Are you losing customers to hold time

Shai BergerCo-Founder & CEO Fonolo

Webinar: Are You Losing Customers

to Hold Time? May 1, 2014 2:00 PM ET

Page 2: Are you losing customers to hold time

Hold-Times Are A Top Complaint

Page 3: Are you losing customers to hold time

of customers have ditched a company because of poor telephone customer

service.

Source: www.callcenterhelper.com

60%

Page 4: Are you losing customers to hold time

say “just ONE unpleasant contact center experience is likely to make me take

Source: YouGov

76%my business elsewhere.”

Page 5: Are you losing customers to hold time

have left a company because of poor phone service.

Source: Zendesk

60%

Page 6: Are you losing customers to hold time

The Impact of Social Media

Page 7: Are you losing customers to hold time

Tweet Venting!

Source: onholdwith.com

Page 8: Are you losing customers to hold time

Source: Forrester

Make sure you have a smooth escalation path to a phone call.

75%of consumers move to another channel when online customer service fails. Unnecessary service costs due to channel escalation are $22 million on average.

When Self-Service Fails

Page 9: Are you losing customers to hold time

Why Call-Backs?

Page 10: Are you losing customers to hold time

Call-backs can eliminate hold-time

and so much more…

Page 11: Are you losing customers to hold time

75%

Consumers who think the option of a call-

back is “highly appealing”.

- Forrester

#1: Happier Customers

“Our customers are delighted with call-backs. It really turns a negative into a positive”.

- Nationstar Mortgage(Fonolo Customer)

Page 12: Are you losing customers to hold time

#2: Fewer Abandons

“Our abandon rates were really reduced during times of

high call volume”.- Bright Horizons Family Solutions

(Fonolo Customer)

32%

Reduction in abandoned calls after

adding a call-back option.

- ContactBabel

Page 13: Are you losing customers to hold time

#3: Higher Conversion Rate

“Fonolo dramatically raised the engagement with our

younger members”.- 1st United Services Credit Union

(Fonolo Customer)

83%

Consumers requiring some degree of

customer support during an online purchase.

- eConsultancy

Page 14: Are you losing customers to hold time

A real-life phone interview

Register for this free webinar to join the live Q&A.

May 1, 2014 2:00 PM ET

Register Now!