By Matt Whitmer, chief revenue officer and
senior vice president of marketing at Mosaicx
In today's swiftly
changing digital environment, businesses are motivated to harness the
capabilities of AI within their customer experience (CX) strategies. The
ongoing impact of AI disruption observed throughout 2023 offers valuable
lessons for businesses seeking to enhance their CX strategies in 2024 and
beyond.
These dynamic
AI and CX landscapes demand a proactive approach, and organizations are
actively determining how to adopt emerging AI technologies into their customer
interactions. Businesses that take a proactive and strategic approach to AI in
CX will help ensure interactions resonate with evolving expectations and
position themselves for success.
2023 Review:
AI in CX
While AI
touched nearly all industries in 2023, CX and customer service saw
transformation with impressive results. Researchers at Stanford University and
Massachusetts Institute of Technology show favorable effects of the rollout of
AI in customer service. In a report, they analyzed the results of an AI-based
assistant tool for 5,200 customer support agents. Not only did the tool raise
agent productivity by
14% on average, but the AI-assisted interactions had higher average NPS
(net promoter score), and monthly agent attrition dropped by 9%.
Amidst the
promising return across the customer service industry, many businesses plan
to increase AI investment.
However,
despite AI's excitement and true value, it is still in its early stages. Many
AI deployments have been part of a broader experiment to understand how to
leverage emerging tech for CX rapidly. Some decision-makers might even feel
inclined to take a "wait-and-see" approach to AI in CX. However, putting AI on
the back burner could prove detrimental to a business maintaining a competitive
edge.
Below are a few
tips for companies to implement AI strategically and practically in CX in 2024.
Tips for Successful
AI Implementation in 2024 CX Strategies
1.
Foster a Deep Understanding of Customer
Needs
One way to secure the best returns on AI
investment in CX and customer service applications is to use AI in the early
process to uncover customer preferences. AI tools can help businesses cultivate
a deep and nuanced understanding of their customer base using data analytics.
This understanding goes beyond demographic data and basic preferences; it
involves delving into the intricacies of customer behaviors and motivations
gathered during interactions.
When fueled by accurate and comprehensive
customer insights, AI can tailor products, services, and communication
strategies to cater to customers' unique requirements. AI tools can also
predict future preferences based on historical data, enabling businesses to
stay ahead of trends and provide products or services that align with evolving
customer expectations. Staying on the cutting edge positions a business as
forward-thinking and establishes a deeper connection with customers by
demonstrating a keen understanding of their evolving preferences.
2.
Use AI to Enhance, Not Replace Existing Processes
Once organizations understand what their
customers need, they can identify points in the customer journey that are ripe
for automation or enhancement through AI. These touchpoints may include routine
inquiries, order processing, onboarding, or support interactions. Organizations
can deploy AI solutions that enhance existing customer journeys and boost
customer satisfaction.
AI tools like intelligent virtual agents
(IVAs) excel at handling routine inquiries, allowing businesses to automate
responses to frequently asked questions. Automating responses reduces the
workload on human agents and ensures that customers receive prompt and
consistent information. For example, an IVA integrated into a website or mobile
app can provide instant assistance on product details, pricing, or basic
troubleshooting. IVAs also enable scalability. As customer demand fluctuates,
these tools can handle increased volumes without a proportional increase in
staffing. This scalability is particularly advantageous during peak times,
product launches, or marketing campaigns.
3.
Strike a Balance Between AI and a Human
Touch
Striking a balance between AI and a human
touch (or emotional intelligence) is critical for businesses aiming to leverage
technology while maintaining a personal feel in customer interactions. One best
practice is to reserve human agent intervention for situations that require
emotional intelligence and understanding. Humanizing AI interactions also involves
designing AI responses to be conversational, empathetic, and aligned with the
brand's tone and values. Integrating elements of personality into AI-driven
interactions can create a more relatable and engaging customer experience.
It's also essential to transition smoothly
from the AI tool to the human agent that prioritizes continuity. The customer
shouldn't have to repeat the information initially shared with the AI agent. With
AI assistance, agents can spend less time looking up account details or order
information, enabling them to have more impactful engagements.
AI's Focus
in 2024: CX
These tips
serve as a roadmap for businesses seeking to capitalize on the potential of AI.
Following this roadmap will help companies stay ahead of industry trends and
cultivate lasting connections with their customers. In 2024, more companies will
embrace a human-centric approach with AI in CX. This strategy will help
businesses stay aligned with customer expectations and see the best return on
new and existing tech investments.
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ABOUT THE
AUTHOR
Matt Whitmer is the chief revenue officer and
senior vice president of sales and marketing at Mosaicx, the leading conversational AI provider. He
has over 15 years of senior leadership experience focused on helping enterprise
clients embrace and implement cloud-based engagement solutions.