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How Can Speech Analytics Benefit Client Relations?

by Razia Ismail on

Do you know why most call center businesses fail to shine? It is because they failed to understand the preferences of their clients. 

Not only call-center businesses but every business is bound to fail if it doesn't understand the needs of the customers. 

But yes, as they say, with every problem, there's a solution. And a smart solution to understanding what your customer is currently going through is none other than that advanced technology speech analytics. 

When you make a call with your speech analytics tool you can easily understand if your client is sad or angry at the moment. Not only this, but speech analytics also comes up with numerous benefits that you can never imagine. 

Wanna know how speech analytics can benefit client relations? Then you just gotta stick with today's blog post right till the end to know more!

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What Is Speech Analytics?

Speech analytics is the technology that helps you to get valuable insights from audio data like live agent-client phone calls, Client conversations, or voice recordings. The tool is immensely helpful for you as you can instantly identify the sentiments and emotional voice patterns of your clients. 

No matter if they're stressed or happy, the speech analytics tool will help you find this out, making your sales calls even better.

5 Top Advantages Of Speech Analytics In Call-Center Business

1. Better Understand Your Clients

Customers always reward brands that deliver personalized experiences and the ones that can connect to their thoughts. 

With speech analytics, you can understand the sentiments of your clients. Therefore, it's a no-brainer that you can take prompt actions with its help to give your clients a better experience. 

It also helps you to identify common reasons why a customer might be placing an inbound call. So you can easily identify common issues and find solutions to them, ensuring you serve your clients faster. 

2. Make More Tailored And Personalized Calls

Knowing the mood of your client plays a big part in your sales game. This is because when you know about the preferences of your client, you can tailor your calls better. 

There are often times when a client might be agitated, but the sales rep still tries hard to convince the client to buy the product. However, with speech analytics, you ensure that you aren't doing anything as such. 

And that you are behaving accordingly regarding the sentiments your client is having at the moment. For instance, if your agent is frustrated, the first thing you would want to do is just say something positive that can calm them down. 

You would perhaps want them to call back at another time when they might be in the mood to speak to you over the sales call. 

This not only ensures enhanced agent productivity but also ensures you’re prioritizing the sentiments of your client. With that, speech analytics can also help you:

  • Improve your agents' communication skills
  • To train your new agents to better understand how to interact with the leads.

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3. Ensures Minimum Customer Churn 

With speech analytics, you can discover why your loyal clients might have left your brand. Likewise, it helps you understand which trends of your brand are driving customer engagement. 

To find out if your client is dissatisfied or not, you can set the speech analytics parameter to relevant keywords like 'discontinue,' 'quality issues,' 'cancel,' etc. That's it. The rest of your work will be done using speech analytics. 

The smart tool will then monitor your calls using the relevant keywords that you gave it as input. It will give you an alert if it identifies any element similar to those keywords signaling your client's dissatisfaction. 

Therefore, you can take steps to immediately make your clients move from the topic and drive them on a positive note, helping you to minimize customer churn rates.

4. Reduces Operational Costs

Yes, you read that right. Speech analytics not only help you to understand the pain points of your clients but also save you money. With Speech analytics, you don't need to:

  • Manually pinpoint the flaws of your call
  • Make a manual effort to transcribe and analyze the interactions 
  • Rework to analyze data

Therefore, you save time and cost on those manual tasks because speech analytics automates it all for you. 

Speech analytics lets agents get fewer manual tasks. It frees up more time for agents, ultimately leading to improved productivity and boosting business services. 

5. Ensures You Are Following The Industry Compliance 

Speech analytics provide insightful real-time data about customer interaction, which ensures that agents are following the preset guidelines and regulatory requirements when carrying out a call. Speech analytics essentially help you to monitor compliance. 

For instance, if an agent fails to meet the service provision, the system can automatically detect it. Then, the higher authorities can take immediate steps to mitigate the problem. 

The powerful speech analytics tool can really flag an agent's interaction as a breach of compliance in real time if he breaks any of the standard regulations. 

The proactive identification feature of the software creates a sense of accountability in your agents. These ultimately encourage your agents to improve more and deliver an overall better performance.

Final Words: How Can Speech Analytics Benefit Client Relations

Finally, we have reached the end of our today's blog post: how can speech and analytics benefit client relations! 

Now, we hope you have a clear understanding of how a speech analytics tool can make an agent's life easy. 

If today's blog post has benefited you with something interesting, don't forget to share your thoughts in the common section below! Sayonara!

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