listening methods in-depth ivr and end to end call analytics benefits and roi from managing the...

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Listening Methods In-Depth IVR and End to End Call Analytics Benefits and ROI from Managing the Entire End- to-End Caller Experience Are there unique opportunities to reduce operations costs? Does my caller experience improve? Is high ROI available from analyzing the end-to-end call?

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Page 1: Listening Methods In-Depth IVR and End to End Call Analytics Benefits and ROI from Managing the Entire End-to-End Caller Experience Are there unique opportunities

Listening Methods

In-Depth IVR and End to End Call Analytics

Benefits and ROI from Managing the Entire End-to-End Caller Experience

• Are there unique opportunities to reduce operations costs?

• Does my caller experience improve? • Is high ROI available from analyzing the end-

to-end call?

Page 2: Listening Methods In-Depth IVR and End to End Call Analytics Benefits and ROI from Managing the Entire End-to-End Caller Experience Are there unique opportunities

The End-to-End Call

QueueIVR Agent(s) Survey

Caller ?

Currently: Different groups view independent sets of reports examining different segments of the call.

Hang-Up

ACD Stats

IVR Logs

ACD Stats

ACD, Quality Monitoring

Survey Report

Page 3: Listening Methods In-Depth IVR and End to End Call Analytics Benefits and ROI from Managing the Entire End-to-End Caller Experience Are there unique opportunities

The End-to-End Call

QueueIVR Agent(s) Survey

Caller ?

Currently: Different groups view independent sets of reports examining different segments of the call.

Hang-Up

New View: Groups view the entire end-to-end call, identifying tasks, performance and customer experience in each call segment and the relationships between call segments

ACD Stats

IVR Logs

ACD Stats

ACD, Quality Monitoring

Survey Report

Page 4: Listening Methods In-Depth IVR and End to End Call Analytics Benefits and ROI from Managing the Entire End-to-End Caller Experience Are there unique opportunities

How Do Callers Leave the IVR?

IVR

Ways Callers Leave the IVR• Hangs-up in the IVR after success• Caller asks for an Agent

- Immediately transferred- Confirms, but asked for information- Refused and IVR continues

• Caller identifies themselves via IVR and immediately requests an Agent

• IVR transfers caller to an Agent on purpose

• IVR transfers caller to agents due to failures

• Caller gets confused or frustrated - Asks for an agent- Hangs-up

IVR Routes Calls to

Specific Skill Queues

Caller hangs-up

Page 5: Listening Methods In-Depth IVR and End to End Call Analytics Benefits and ROI from Managing the Entire End-to-End Caller Experience Are there unique opportunities

How Do Callers Leave the IVR?

IVR

Ways Callers Leave the IVR• Hangs-up in the IVR after success• Caller asks for an Agent

- Immediately transferred- Confirms, but asked for information- Refused and IVR continues

• Caller identifies themselves via IVR and immediately requests an Agent

• IVR transfers caller to an Agent on purpose

• IVR transfers caller to agents due to failures

• Caller gets confused or frustrated - Asks for an agent- Hangs-up

IVR Routes Calls to

Specific Skill Queues

Caller hangs-up

Page 6: Listening Methods In-Depth IVR and End to End Call Analytics Benefits and ROI from Managing the Entire End-to-End Caller Experience Are there unique opportunities

What are Callers Doing with Agents when they Request Immediate Transfers

Are callers asking agents for:

• Support on tasks that are not available on the IVR?

• Mundane information that is easily available on the IVR within 60 or 90 seconds?

• Mundane information that is not easy to get to on the IVR?

Without analyzing the End-to-End Call, one can’t answer the above questions

Page 7: Listening Methods In-Depth IVR and End to End Call Analytics Benefits and ROI from Managing the Entire End-to-End Caller Experience Are there unique opportunities

What Balance Should I Achieve Between Caller Experience and Operations Costs?

The Balance?

Reduce agent costs as possible?

Make it easy for callers to get agents?

What do I need to know:• Why do callers transfer?• What do they do when the reach agents, and how often?• What are my company’s market dynamics?• What are my business’s goals ?

Page 8: Listening Methods In-Depth IVR and End to End Call Analytics Benefits and ROI from Managing the Entire End-to-End Caller Experience Are there unique opportunities

The Business Considerations

High with a low barrier to churn

Low with a high barrier to churn

High LowImpact of Caller

Experience on Churn

High, cost of a call has minor impact

Low, cost of a call has major impact

Profitability of

Each Customer

High, causing major impact on profits

Low, having little impact on profits

Frequency of Repeat

Callers

Make it Easy to get to an Agent

Work Hard to Keep Callers in the IVR

Degree of

Competition

Page 9: Listening Methods In-Depth IVR and End to End Call Analytics Benefits and ROI from Managing the Entire End-to-End Caller Experience Are there unique opportunities

Identifying IVR Skills Routing Issues

• For each IVR Exit Point, measure the agent-to-agent transfer rate• Listen to calls to determine the cause of the agent-to-agent transfer• Fix the routing; then monitor to ensure the solution has improved

Didn't Arrive

Shipping Date

Change Order

Confirm Order

Payment Methods

Billing Questions

Address Management

Balances

Authentication

0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

Agent-to-Agent Call Transfer Rates

Page 10: Listening Methods In-Depth IVR and End to End Call Analytics Benefits and ROI from Managing the Entire End-to-End Caller Experience Are there unique opportunities

Return on Investment Opportunities

Exit from the IVR OpportunityTypical

ROI

Caller asks for an Agent

• Immediately transferred If not competitive, make a bit harder 2% - 5%

• Confirms, but asks questions first Improve performance of data gathering to get better ‘screen-pop’ info 1% to 3%

• Refuses and IVR Continues Improve the IVR to reduce irritation

Callers identifies themselves in IVR & immediately asks for an agent

See if can provide caller specific info on current activities: orders, shipping. . . 4% - 10%

IVR transfers caller to agent due to IVR failures Improve the IVR 5% to 10%

Caller gets confused

• Asks for an agent Change the IVR 1% to 5%

• Hangs-Ups If lost customer, may churn or lose sale $$ - Revenue

Bad Skills Routing Instructions Improve Skills Routing 3% - 8%

Page 11: Listening Methods In-Depth IVR and End to End Call Analytics Benefits and ROI from Managing the Entire End-to-End Caller Experience Are there unique opportunities

Contact Us to Learn More or See a Demo of Our

IVR & End-to-End Call Analytics Solution

[email protected]

(800) 630-2380

Listening Methods, Inc.

(800) [email protected]