Showing posts with label SalesAdvisor. Show all posts
Showing posts with label SalesAdvisor. Show all posts

Friday, August 1, 2014

A Look Back at noHold’s Top Stories of the Week: July 28-August 1

This week has been full of some great information; from blogs about the Internet of Everything to Virtual Realities, it has been an interest week. Here's a quick recap of the week's stories.

1. The Internet of Everything is taking city streets to a whole new level with Internet connected trash cans!
Photo Credit: govtech.com

2. Did you know, "35% of IT organizations will have 75% of IT service desk contacts from the business resolved by Virtual Assistants."



3. Flashy gimmicks are no longer the way to promote your company's new products or services. By using a Virtual Agent, it can provide the appropriate information, in the right context. Check out the blog, Leveraging a Virtual Agent to Cross-Sell Within the Right Context.

4. #TBT: Virtual reality is the new anesthesia? It seems so. Researchers are studying the effects of being immersed in a virtual reality while undergoing dental procedures. Studies are showing that the pain is significantly reduced when you distract a patient by immersing them into a virtual reality. Maybe one day, instead of being 'put under', all you'll have to do is put on a headset and drift into another reality. 
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Hope you all have a great weekend, cheers!
www.nohold.com

Wednesday, July 30, 2014

Leveraging a Virtual Agent to Cross-Sell Within the Right Context

While shopping online,do you ever become annoyed of all the irrelevant suggestions about different products and/or services a company throws at you? I know I have, and most of the time, it can ruin my overall shopping experience. Good news is, companies don’t have to be overly pushy to up-sell new products or services. A few weeks ago, we shared how a leader in the consumer electronics industry leveraged their Virtual Agent to increase support AND service revenue. Instead of marketing irrelevant upgrades and features to consumers, the company used the Virtual Agent to suggest appropriate items, at the appropriate times. By doing so, it gives users a more personalized experience, and comes across as more of a helpful hand than a pushy sales tactic.

Industry leaders are recognizing the need to provide answers to pre-sales questions. Take for example the launch of Windows 8. Leading PC companies were getting an overwhelming number of questions regarded this new Operating System, one of the top questions being as basic as, “Where is the start button?” Making sure consumers understand the product before it is launched, is just as important as supporting it.  

Another example, imagine you are a student, looking for a new laptop for school that also meets the needs for your new internship. You take a look on Amazon, but you are not sure which laptop has the right features for you. Leveraging a Virtual Agent can streamline the process of finding the laptop that best meets your need, and also suggest relevant add-ons based on the context of the conversation. For example, you type in that a lot of memory is important for you. The Virtual Agent can give you laptop options that fits your criteria, offer upgrades to enhance your needs (extra memory), and automatically put those items in your shopping cart for you. A Virtual Agent can help with all aspects of the customer journey; pre-sale, purchasing, and support. 

Do you agree that more emphasis should be put on selling new products/ upgraded features to consumers in the right context? How does your company increase service revenue? 

Tuesday, July 22, 2014

Virtual Agent Tips and Tricks: Sharing Coupons, Promotions, and Hot Offers for Virtual Agent Users

We’ve mentioned before how Virtual Agents can educate, provide advice and offer opportunities to purchase complimentary products and services (cross-sell). Empowering your audience with self-service via a conversational Virtual Agent has proven to increase sales in stores, online, and in the Call Center.

Other benefits include:


   





Throughout the years, we have learned best practices to get the most out of your Virtual Agent. One of those best practices is to share coupons, promotions, or ‘hot offers’ through your Virtual Agent. The Virtual Agent uses logical reasoning and determines the appropriate promotion or coupon to encourage users to buy the product. Using limited-time coupons entices people to make the purchase right then and there as opposed to waiting for a better deal. This way, the company wins by locking in the sale, and the customer is happy from their great experience.

Here is an example of the Virtual Agent encouraging the user to buy the product with a coupon:
   

If you were on the fence about a product, would offering a limited time coupon sway you to buy it? What other self-service methods encourage online shoppers to make a purchase, instead of abandoning cart?

Wednesday, July 16, 2014

How to Increase Support and Service Revenue with a Virtual Agent

Has your company ever offered a new service, but it wasn't getting much attention? Service revenue generation is a common challenge that many companies face. One of noHold's clients leveraged a Virtual Agent to help get their customers the service they need, while increasing revenue for the company. Here is a short story and some 'lessons learned.'
  • The company is in the consumer electronics space.
  • They implemented a Virtual Agent (VA) that can answer primarily post-sales questions about their products. 
  • The VA handles over 70K interactions per month, decreasing support cost significantly.
  • The company decided to promote a Premium Support Service on its website.
  • They used the typical approach: banners, colorful buttons, etc.
  • Very little leads came from this type of advertisement.
  • noHold proposed to let the VA offer the upgraded Service in the right context. No flashy buttons or gimmicks, just let the VA play the role of an expert advisor.
  • When an end user describes a problem, the VA provides an answer, but if appropriate, it also suggests to sign up for the Premium Service.
  • It worked! The VA is generating an average monthly stream of more than $130,00. 
Lessons learned:
The Virtual Agent was able to create leads that otherwise would have been lost, because it can propose a new service or product within the right context.

The same button that nobody was clicking on while flashing in the middle of the website, is now scoring record sales. This happens because the VA is capable of understanding the context of the conversation and presents an offer only when it makes sense.

Humans are programmed to reject typical forms of advertisement, but everybody still appreciates a helping hand when they are trying to solve a problem. 

Does your company leverage self-service to generate revenue? How do you offer the right services at the right time? 

Thursday, December 19, 2013

Throwback Thursday: This Time Last Year


Throwback Holiday Card - Circa 2011
2013
Hi all, 
As the end of the year is approaching, I thought it would be fun to take a look back at 2013.

Throughout 2013, noHold (with the influence of our customers) has focused on many different facets of the business. Towards the middle of the year, we officially launched the premiere of our updated website, www.nohold.com, and also announced our newest Knowledge Management platform, SICURA™, designed to augment our products portfolio. SICURA™ provides a better way to organize, store, and share information, securely. 

Our customers have expressed more interest in eCommerce, and focusing on ways to increase sales for companies in brick and mortar stores as well as online. eCommerce made quite an impression this year and is expected to continue to grow. SalesAdvisor™ makes it easier for companies to provide exceptional customer service, while providing support. Simple QR codes placed on the packaging of an item serve as a Virtual Agent that shows up on your smart phone and answers any questions you have regarding the product and ratings; and provides the end customer with limited time coupons and ability to share the experience via social media.  Virtual Agents enhance self-service and are quickly becoming a preferred interaction channel. 

This year, our customers have shown more interest in the integration of Virtual Agents to augment Salesforce.com. In particular, the Virtual Agent enhances Salesforce.com in five ways: 1) Integrates with Salesforce Knowledge, 2) Escalates to leads, 3) Pre-empts live chat, 4) Escalates to case, and 5) Provides personalized responses, all in an interactive and diagnostic experience. To get more information on augmenting Salesforce.com with a Virtual Agent  click here. 

Next year is going to be another busy year for noHold. Stay tuned for more details about how Virtual Agents play a role in the Internet of Everything (IoE) next year. 

Happy Holidays!

Thursday, September 26, 2013

Throwback Thursday: SalesAdvisor

Happy Throwback Thursday!
For this weeks throwback Thursday I wanted to share with you the first SalesAdvisor Virtual Agent launched by noHold, Ask Roxanne from a leading company in digital media software and services. They utilized their Virtual Agent not only for customer support, but also for sales. 
Lately, e-commerce has been booming, Google has even joined the e-commerce bandwagon with Google Shopping Express. This is a website where you can purchase virtually anything you need from featured stores such as Target, NobHill, Whole Foods, ect... and it all ships to your home on the same day. A business like that would benefit greatly from implementing SalesAdvisor because it can help customers with any questions they have, and also personalize their experience by suggesting items that go well with what they have already selected.   

It is fairly well known that self-service is effective for support, but it is also effective for sales! Creating a great customer experience online can be tricky. It is hard to demonstrate great customer service and personalization through the Internet. But the use of a Virtual Agent for support AND sales will complete the full customer journey circle; while creating loyal customers and increasing conversion rates.

SalesAdvisor has been around since 2005, but has been evolving ever since, too. Check out this slideshare presentation to find out what the future of shopping will look like.
Learn how a simple QR code on product packaging can trigger a Virtual sales rep that follows your customer throughout the journey from attract, convert, fulfill to support. 


How to Increase Sales by Providing a Great Customer Experience That is Easy to Socialize

The true customer journey encompasses attract, convert, fulfill and support.  Each of these milestones are chances for your brand to be present and make a difference. Mobile devices are becoming the new customer journey 'buddies'. When a prospective client walks into a store (or an online store), he or she is already checking reviews, asking friends on Facebook for advice, and doing his or her due diligence in order to make an informed purchase. When it's time to setup, get training, or support, your audience picks up the device and expects self service or another preferred channel. And during the entire process, social media is the sounding board to share a great find or write a customer satisfaction report that blasts the news feeds of close connections. 

Take a few minutes to see how Virtual Agent technology in the hands of your consumer can be a brand differentiator.  Learn how a simple QR code on product packaging can trigger a Virtual sales rep that follows your customer throughout the journey from attract, convert, fulfill to support. See how smarter self service yields increased conversion, increased customer loyalty, and takes your brand viral. 

View the SlideShare Presentation: How to Increase Sales by Providing a Great Customer Experience that is Easy to Socialize. 
 


P.S.  The holidays are approaching, and the support rush will follow closely behind. 89 days until Christmas day.    

Thursday, August 29, 2013

Throwback Thursday: How Window Shopping Has Changed In the 21st Century.



Happy Throwback Thursday!

In recent years, window shopping has taken on a new meaning. It no longer means that you physical need to be at the store to find out what the great deals are. You can virtually be there and find the best prices without having to travel from shop to shop, which takes hours! 
Have you ever gone shopping for something and used your Smartphone as a tool to help you find the best deals? I know I have. Just recently, I was shopping for a TV; I started at Costco and examined their prices, and then, as I was casually walking around, I was looking online at Best Buy's company website seeing what kind of deals I can get over there. Unfortunately for Costco, I ended up doing my business with Best Buy because I found a better deal for what I was looking for with my Smartphone.

I’m bringing this up because I came across an article that actually gave a name to what I (and many other Americas) do instead of the traditional window shopping. They call it showrooming, being in a store and looking at their competitors’ website on your Smartphone, shopping for better deals. To me, this concept is genius. I mean we are in the era of technology, so why not use it to conveniently save some money? 

Companies are becoming very upset when they find out that they are losing business to a competitor because their consumers were able to hop on their phones and quickly compare prices. Stores are trying to figure out ways to combat showrooming. In the 1to1 Media article linked above, they mention stores charging fees for people who come into there stores "just to look."                                

To say the least, people were not thrilled with these signs at all. In my opinion, this store will probably lose more customers because of these signs, than because of showrooming. 

Instead of coming up with ridiculous ways to stop people from showrooming, experts suggest companies to embrace this phenomenon and use it as incentive to work a little harder to make sure consumers make purchases and also, come back to their store. Providing EXCEPTIONAL customer service is a great way to keep customers from leaving your store to go to another. Whether we like to believe it or not, people base a majority of their decision on emotion. They remember the experience they had and the feeling they got when shopping in a store and will likely come back if these feelings were positive. 

Another way, is to get showroomers to leave the store they are at and come to yours by having an attractive AND effective website. Seth Godin wrote a blog called “Q&A: What Works for Websites Today?” He shared a list of questions that should be addressed when creating a good website. He stated, “But I stand with a series of questions that will expose the challenges of any website (and the problems of the organization that built it):

  • Who is this site for?
  • How did they find out about it?
  • What does the design remind them of?
  • What do you want them to do when they get here?
  • How will they decide to do that, and what promises do you make to cause that action?

The only reason to build a website is to change someone. If you can't tell me the change and you can't tell me the someone, then you're wasting your time.” Create a website that works for your business...it is one of your biggest resources for gaining customers and increasing customer loyalty. 

How do Virtual Agents (VA's) fit into this equation? Simple. SalesAdvisor™ , a VA can give your company one up on the competition. Having SalesAdvisor™ implemented on your company website can help customers find what they are looking for easily and answer any questions they may have about your products, all while cross-selling. Since people are using their phones to access your website, it is a great idea to have someone/thing on their assisting the customer. SalesAdvisor™ can also be used as a tool for employees to provide even better customer service. Maybe implementing the VA on a company tablet? 



The term “window shopping” has changed throughout the 21st century because of the convenience of mini-computers in the palm of our hand, 24/7. Point being, we should embrace what technology brings to us, not fight it. Challenge ourselves to adapt to the times and continue innovation. 

Cheers.

Tuesday, July 30, 2013

How to Increase Sales by Tracking Four Specific Problems



No matter which organization or department you belong to, increasing revenue is at the top of your to do list. Whether it's empowering partners to KNOW your products, increasing up-sell opportunities in the call center or understanding cart abandonment, selling products and services is at the heart of everything. 

Take a few minutes to see how customer-centric brands deploy Virtual Agents (VAs) to bridge the gap between product specs and customer perception. View examples of leveraging VAs on partner websites, and even as a resource in brick-and-mortar stores. Learn how to empower call center agents with the perfect up-sell script, and get answers about cart abandonment. 


ClickHere for a link to the Slideshare presentation.
 
P.S.  Did you know? There are 148 days until Christmas and 154 until the end of the year.