Tag Archives: Business

Why B2B Customer Support Matters

Not all businesses are about the delivery of products directly to consumers. Often, companies create products and services that are used by other businesses as a means of delivering services. While you might be determined to surpass your customers’ expectations by offering a feature-rich and loaded product, it is just as imperative that you deliver exceptional customer service too. That is the real “money-maker”!

Great customer service can really put your product in an elevated position in the eyes of your client. This added benefit optimizes the performance of the business and enhances the product use. Customers will be drawn to you like a moth to the flame if you build strong relationships with them. Remember this golden rule:

Productive B2B customer support helps to create a long-term healthy relationship with your customers.

Existing Customers Matter

Research stated that a huge fraction of technology companies generate more than 70% of their total revenue from their existing customers. This more then demonstrates the value of repeat business on the bottom line.

A key point to note is that if a customer does not fully use the product, they are much less likely to consider renewal. Keeping this in mind, the sooner they use and employ your product, the faster they’ll put in an order for another one. And you can generate sales from their use or need to renew their subscription.

Understand Product Usage

Circling the above-discussed analogy, your aim after delivering a suitable and flawless product should be to encourage users to deploy your product faster so they can invest in purchasing it again. And let the cycle continue from there. This way you will establish a wide, loyal, and satisfied customer base.

But the million-dollar question arises: how do you make customers deploy the product?

If everyone knew the answer to it, there wouldn’t be just a handful of successfully run and appreciated businesses worldwide. But the companies who have figured the answer to it are in luck because it has greatly helped their businesses.

Where are your B2B Customer Support calls coming from?

You will observe that a major chunk of your B2B customer requests is related to the “how-to” questions and queries. They will usually have an ambiguity regarding operating the technology, product or will ask how to avail of the service or explore all the aspects of it.

You have to train your agents or your managers to answer this “how-to” question well. By offering the right support you’ll help customers deploy the product sooner and invest more into obtaining the product or service again.

Your post-sale customer interactions will mainly revolve around such questions. So, if you answer these questions for the customers and lend support to the operations and functionality of your tech, you’ll be making them self-sufficient and will be encouraging them to increase the use of the product.

Though you must make sure that your customer support team is aware of opportunities and advantages that could be unlocked by helping customers reach the full potential of deploying the product. While this sounds like a sales function it isn’t. By making sure that clients know how to use the product to its fullest, you’re actually helping create advocates of your technology within your client base. This helps to increase overall loyalty and if you ever create a customer community, improves the perception of all of your clients.

Improving your tools helps make you more efficient

Improving customer support tools is just as important. You must invest in opportunities for automation and self-help so that the customer service system’s working could be made optimal.

Such opportunities can be a major deciding factor that transforms one-to-one sales transactions into one-to-many sales transactions. Customers will be satisfied and satiated. They will adopt more of your product and will engage in a long-term relationship with your company.

Automated Response

Many people are using a chatbot and other software to schedule sessions with respective agents. This way precious resources are saved and customers can easily contact that concerned party that can resolve their query or processes their request.

These responses either solve the customer complaint completely or shift them to the most qualified person. This helps in expediting the case’s resolution.

Self-Help

First meticulously and thoroughly review the support requests and queries launched by the customers. Look at the problem areas and the departments where the issues are recurring. This way you can identify which problems occur more and where you need to invest.

Form this study as a basis to update your FAQs and other blogs and reviews. Shoot tutorial or document training videos and offer knowledge base tools that your clients can access themselves. This can help customers figure out a solution on their own. This way they could avoid the hassle of contacting you or dragging the resolution time.

Routing and Workflow

You must establish ground rules and concrete workflow regulations that can direct the customer issue or request to the related person or the concerned department. This will save a lot of response time. And the customer wouldn’t have to waste time and effort by engaging with unauthorized or unrelated professionals.
The most qualified agents and resources will be directed towards resolving the issue and this will accelerate the rate at which the query is resolved.

No matter how fast your initial response time is, how high your resolution rate is or how low the number of queries or requests you receive is, none of these can define success for your business if these don’t translate into an increase in your sales or customer base. All these efforts must offer some unmatched benefit to your company, otherwise, all this is vain.

No matter what triggered the support, either it is customer retention, improving operational functionality, widening customer base, delivering customer satisfaction, or just because of financial reasons, the important factor is to define your goals and achieve high business results. Your aim to offer exceptional support shall be to attain positive business results. And this will only be possible when you would align your support operation strategies to observable and calculatable customer support metrics.

Trends that Will Change the Way You Do Business

The world witnessed a paradigm shift in reliance of the global economy on emerging technology due to the COVID-19 pandemic. Imagine people sitting at home hoping if they could purchase something they need but the local markets are closed. Businesses that served people well during the past few months are going to make the most of it is in the future. They managed to establish their brand as the whole world shifted to contactless payments and online shopping. The future trend has been set and even after the COVID-19 lockdown, people will find it convenient to use mobile applications for most of the products and services.

The expert study of Statista claimed that by 2020 $581.9 billion will be generated in revenue by mobile applications. And in this tech realm, you can just expect the numbers to grow. So, if you want to boost up your business you must invest in the digitalization of your business to attract a larger market.

It isn’t that the COVID-19 has changed the world, it just stimulated the ongoing process. It drove public closer to mobile apps. As a businessperson, you need to realize the big impact on the way you do business. If you are able to anticipate and make the most of the quickly changing trends, you can have an edge over your competitors within months.

Here are the top trends that will change the way you do business. So, are you ready to revolutionize your business and keep up with the dominant business trends of 2020?

1. Integration of Artificial Intelligence and Incorporation of Machine Learning

AI and Machine Learning are going to help mobile apps become smarter than ever before. The anticipation of the Artificial Intelligence market is worth $191 billion by 2024 has provided a great incentive to businessmen and provoked them to combine AI with Human Intelligence.

The identification of critical issues, instantaneous troubleshooting, quick response, and building of applications based on prior data has been feasible due to the contributions of these systems.

The AI sphere continues to expand and evolve especially when you look at the way the apps are anticipated users’ preferences and buying behaviors. Apps continue to improve thanks to the use of the latest automation techniques allowing businesses to engage the app users in a better way.

2. Instant Mobile Applications; A Preview

Aren’t you able to judge the movie and your peaking interest in it just by the trailer? Mobile Apps also help the decision making process in many ways. The app demos give you a taste of what the app may be like and then you can decide for yourself. This trend helps users save time and resources on apps that they are not interested in.

3. Introduction of Wireless 5G Networks

The 5G wireless service has been under fine sights and immense works as the world anticipate the launch of this technology. The speed of the 5G network will supersede that of 4G by 100 times and will be one of the most highly acknowledged transitions in the history of networking.

Enhanced speed, improved cybersecurity, fast and uninterrupted 3D gaming, and boosted speed are the salient features of the 5G network. The web developers are delved into the making of appropriate applications that can allow users to avail of the endless opportunities granted by the 5G network. Like you, we can’t wait for it either!

4. Virtual & Augmented Reality Integration

The integration of AR and VR is no longer restricted to gaming and entertainment but has extended its functionality in fields of science, travel, education, business, and even automobiles. If you are crazy about Pokémon Go, you will observe how this epitome of an AR app has taken the Play store and App Store by storm.

The improved conversion rates and enhanced user experiences are the cogent examples of how the integration of AR in apps has been very advantageous for globally recognized and emerging brands. These technologies are still evolving and are being improved to optimize the operations of all applications.

5. Accelerated Mobile Pages (AMP)

As the name suggests, this page is a version of HTML that enhances and boosts the speed of mobile pages. The AMP is in collaboration with the widely used app, Twitter.

Through AMP, web developers can improve the performance of heavy mobile pages and enhance the buffering speed and keep the bounce rates low across all mobile phones and devices. Google has also incorporated the AMP Listings in the mobile search results to decrease the loading time of web pages.

6. Internet of Things (IoT) App

You are mistaken if you think there is an existential crisis or a worldly issue that the internet cannot resolve. The installation of the Internet of Things’ Application will be compelling evidence for our claim. As we are approaching the inevitable future, you will observe how with the help of intricate IoT systems, you will be able to control nearly everything around you. 

This application will launch a platform from which you could control many non-IT instruments just through the app irrespective of your location and many other conventional constraints.

7. Cross-Platform Mobile Application Development

This term refers to the advancement made in mobile applications so that they can operate on different and multiple mobile platforms at a given time. The Bring Your Device trend has been circulating in the workplace for quite long now. It implies that employees can bring their mobile devices and use them instead of their regular desktops’ computers.

This meant that businesses had to figure out a way to develop corporate mobile apps in such a way that the corporate data and necessary software could be made accessible. So, cross-platform mobile application development came into existence that is compatible with different networks and mobile operating systems.

Conclusion

The mobile application market is expanding pretty fast. The innovations and technologies introduced are unimaginable. As we read about what the future holds for the evolution of apps, we begin to realize that it transcends all technological bounds and will be unlike ever before.

If you are currently working on the development of an app, keep these trends in mind and know that users are expecting the integration of these technologies.

The rapidly growing app industry wasn’t obstructed by the pandemic and we believe that 2020 is just the beginning, the coming years will completely blow our minds!