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Making the Move From
Cost Center to Profit Center
March 2022
© LiveVox 2022
PROPRIETARY AND CONFIDENTIAL
2
COVID changed expectations —
digital channels are the new
meeting place.
Customers want speed &
convenience. Digital and self-
service are preferred.
Contact centers are poised
for increased profitability if
they engage strategically.
The Contact Center is the Face of Your Business
© LiveVox 2022
PROPRIETARY AND CONFIDENTIAL
3
STOP Trying to Delight Your Customers
3 Questions:
• How important is customer service to loyalty?
• Which customer service activities increase loyalty, and which don’t?
• Can companies increase loyalty without raising their customer service operating costs?
© LiveVox 2022
PROPRIETARY AND CONFIDENTIAL
4
STOP Trying to Delight Your Customers
89 of 100
Survey Results The Findings
Customer Service Leaders said that their main
goal is to exceed expectations.
84% of Consumers said that their
expectations had not been exceeded
Customer Delight Customer Loyalty
Intense focus on this insight results in
improved CSAT, Decreased Costs to Serve
and Reduced Customer Churn
© LiveVox 2022
PROPRIETARY AND CONFIDENTIAL
5
STOP Trying to Delight Your Customers
Purchase Loyalty
Product/Brand Service
© LiveVox 2022
PROPRIETARY AND CONFIDENTIAL
6
Reducing Customer LOE
Success Stories
Used customer sentiment &
intents to improve service
Feedback reviewed & offers
adjusted accordingly
Personalized cross-channel
digital engagement
Streamlined digital
channels employed
Reduced friction & increased
customer satisfaction
Contact rates increased
© LiveVox 2022
PROPRIETARY AND CONFIDENTIAL
7
© LiveVox 2020
PROPRIETARY AND CONFIDENTIAL
8
LiveVox’s Integrated Platform and the 4 Pillars
Experience As A Service
Agent
Experience
Customer
Experience
Risk
Mitigation
"Turning Your Contact Center into a Profit Center"

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"Turning Your Contact Center into a Profit Center"

  • 1. Making the Move From Cost Center to Profit Center March 2022
  • 2. © LiveVox 2022 PROPRIETARY AND CONFIDENTIAL 2 COVID changed expectations — digital channels are the new meeting place. Customers want speed & convenience. Digital and self- service are preferred. Contact centers are poised for increased profitability if they engage strategically. The Contact Center is the Face of Your Business
  • 3. © LiveVox 2022 PROPRIETARY AND CONFIDENTIAL 3 STOP Trying to Delight Your Customers 3 Questions: • How important is customer service to loyalty? • Which customer service activities increase loyalty, and which don’t? • Can companies increase loyalty without raising their customer service operating costs?
  • 4. © LiveVox 2022 PROPRIETARY AND CONFIDENTIAL 4 STOP Trying to Delight Your Customers 89 of 100 Survey Results The Findings Customer Service Leaders said that their main goal is to exceed expectations. 84% of Consumers said that their expectations had not been exceeded Customer Delight Customer Loyalty Intense focus on this insight results in improved CSAT, Decreased Costs to Serve and Reduced Customer Churn
  • 5. © LiveVox 2022 PROPRIETARY AND CONFIDENTIAL 5 STOP Trying to Delight Your Customers Purchase Loyalty Product/Brand Service
  • 6. © LiveVox 2022 PROPRIETARY AND CONFIDENTIAL 6 Reducing Customer LOE Success Stories Used customer sentiment & intents to improve service Feedback reviewed & offers adjusted accordingly Personalized cross-channel digital engagement Streamlined digital channels employed Reduced friction & increased customer satisfaction Contact rates increased
  • 7. © LiveVox 2022 PROPRIETARY AND CONFIDENTIAL 7
  • 8. © LiveVox 2020 PROPRIETARY AND CONFIDENTIAL 8 LiveVox’s Integrated Platform and the 4 Pillars Experience As A Service Agent Experience Customer Experience Risk Mitigation