Page 9 - Issue 2 2023
P. 9

ROBOTICS


                    How virtual agents reduce the


                costs and improve the success of



                               outbound campaigns




                                              By Ryan Falkenberg, CEO, CLEVVA






                 hen it comes to outbound sales, the traditional ways of doing things have
                 mixed success at best. A leading mobile network, for instance, might require
       Wits outbound call centre to work through huge lists of prospects, all for a
        success rate of around two percent. If that sounds bad, bear in mind that it’s at the
        upper range of industry averages.
           That’s a lot of time, effort, and labour costs for very little success. Most outbound
        sales agents work on commission and are making a lot of calls that are unproductive
        and don’t earn them a better paycheque at the end of every month.
           There’s a lot of room for improvement. But where should organisations start when it
        comes to increasing the success of their outbound campaigns?
           While there are a number of strategies they could adopt, there’s a strong argument
        to be made for using virtual agents to pre-qualify leads before human agents reach
        out to them. This will reduce the cost and improve the effectiveness of outbound
        campaigns.

                                                                                  Ryan Falkenberg
        The importance of knowing your (potential) customers
        Think about the most annoying sales calls you get on a day-to-day basis. While the
        timing of those calls -- just when you’re about to sit down to dinner -- is sometimes   the message, but they may be later
        irritating, far more egregious are the ones that are completely irrelevant.  that day or at another time during
           No wonder then that outbound call centres that outperform industry averages tend   the week. They can then go back to
        to use prospect lists of higher quality. For example, insurance companies that belong   the original message and immediately
        to larger banking groups use lists that are generated from data the bank already has on   start engaging with a virtual agent. The
        each customer. This means more accurate predictions can be made on which insurance   virtual agent can complete the upfront
        products are most likely to be needed.                                    need analysis and qualification process,
           Most call centres simply don’t have anything like that kind of advantage, however.   gathering all the information required
        Instead, they’re given a long list of names that they have to systematically work   to confirm there is a match. At this
        through. These lists tend to have been bought with no curation, no information on   point, the virtual agent hands over the
        where the customer is, and no idea if they might want the product in the first place. As   engagement to a human agent to close
        a result, most calls to these people are used to collect the data that will qualify them as   the deal.
        prospective customers.                                                      In many ways, it’s an entirely
                                                                                  different approach from those
        The emergence of virtual agents                                           traditionally used in outbound
        Virtual agents can do this job better and more cheaply than human agents. Unlike   campaigns. It empowers the customer
        chatbots, which have limited functionality, virtual agents can ask the right questions,   by allowing them to engage when it
        offer the right solutions and trigger the right actions, in context with each customer. As   suits them and does so in a way that
        a result, they can do much of the pre-work needed to qualify a customer, at a far lower   is personal, relevant, and gets the
        cost.                                                                     job done. It also brings much greater
           Instead of receiving an unsolicited call from a human agent, a company can send   chances of success.
        a message with an embedded link to connect to a virtual agent, either via SMS,   There are, consequently, a growing
        WhatsApp or email. The customer might not be interested at the time they receive   number of scenarios where human


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