Archive for October, 2008

Outbound Call Center Services Outsourcing – What Businesses Need To Avoid

Wednesday, October 29th, 2008

There is no denying the effectiveness of outbound call center services outsourcing, but since the overall success rate of outbound call center services outsourcing project has still not reached the desired 99% mark, businesses cannot afford to take things lightly. Right from the time when outbound call center services outsourcing plans are being finalized to the time when the outsourcing service provider starts delivering desired results, businesses need to tread with care and avoid taking unnecessary risks. Here are some things that businesses need to avoid for ensuring the success of outbound call center services outsourcing projects.

Tall claims and promises can be fake

There are plenty of outbound call center services outsourcing providers in the market and it’s amazing to see that each one of them promises the most benefits. Reputable outbound call center services outsourcing providers may have a verifiable track record to support their claims, but the same cannot be expected from all outbound call center services outsourcing providers. Businesses need to differentiate between the real and the fake, especially if desired goals and objectives are to be achieved.

Long-term contracts can breed complacency

Long-term business contracts certainly have their benefits, but when it comes to outsourcing, they just don’t fit within the basic framework. That’s because outbound call center services outsourcing is a dynamic sector, where changes occur so fast that it is all but impossible to make long-term commitments. Call volumes, nature of calls, targeted customers, etc., are variables that can never be expected to remain the same for the long-term. Long-term outbound call center services outsourcing contracts thus need to be avoided.

Focusing solely on reducing costs can backfire

The need to reduce operational costs cannot be denied, but it is recommended that businesses do not ignore other essentials just for the sake of reducing costs. Doing so can easily backfire since it is bound to affect customer satisfaction levels in an adverse manner. Taking the middle path instead will prove more profitable for businesses planning to hire an outbound call center services outsourcing provider.

B2C Telemarketing Services Outsourcing – Can Help Survive Economic Downtrend

Tuesday, October 21st, 2008

To remain competitive, especially in today’s recessionary times, businesses need to achieve consistent growth. It is certainly difficult, but businesses need not lose hope because when the basic requirement is to spur growth, nothing works better than B2C telemarketing services outsourcing. For some people, B2C telemarketing services outsourcing may be all about reducing operational costs, but that is rarely the case in real life. If we analyze some of the past and ongoing B2C telemarketing services outsourcing projects, especially those that can be labeled as a “runaway success”, it will become quite clear that B2C telemarketing services outsourcing has a lot more to offer than just the cost savings. Cost savings are benefits that are implied in B2C telemarketing services outsourcing contracts and as such it would be better if other benefits are also highlighted.

While talking about the available benefits, it would be worth mentioning that businesses, both large and small, can derive wide-ranging benefits through B2C telemarketing services outsourcing. Apart from achieving and delivering cost savings, B2C telemarketing services outsourcing also allow businesses to create more opportunities for sales and marketing. By focusing on lead generation activities and giving preference to high-quality leads, successful B2C telemarketing services outsourcing providers are able to create more opportunities for actual sales. By classifying telemarketing leads into appropriate categories such as ‘active’, ‘probable’, and ‘dormant’, they also help save plenty of valuable time and effort for their clients.

100% success can never be guaranteed, but the probability of success can always be increased by deploying the right plans and strategies. If that is what businesses want, then it would be better if they choose the entire range of outbound telemarketing services that include B2B telemarketing services outsourcing as well.  B2B will focus primarily on sourcing the best available business intermediaries such as vendors, suppliers, resale agents, etc, whereas B2C will focus primarily on generating ‘qualified’ leads with a view to augment actual sale figures. By combining the merits of both, businesses can easily achieve the desired growth, as is necessary for surviving this economic downtrend.

Call Center Services Outsourcing – Helps Reduce Call Center Waste

Monday, October 20th, 2008

Every business process has some waste component attached to it and in that context, call center processes are certainly not an exception. Exact definitions may vary, but in most cases, call center processes lead to the wastage of essential organizational resources such as manpower, time and working capital. This is precisely where the need is felt for call center services outsourcing. Here’s how call center services outsourcing helps reduce call center waste.

By optimizing human resource usage

Not all call center agents have the same skills and knowledge and when calls are routed randomly to the first available call center agent, there is always the possibility that the caller would fail to get the desired response. The total number of call-backs and call transfers then increase, which reduces the overall efficiency of the call center. Call center services outsourcing firms understand this very well and that’s why they have installed automated, intelligent systems that can scan incoming calls, identify their basic nature and reroute them to the most appropriate call center agent. First-call resolution rates increase as a result, which is evidence of the optimal utilization of available human resources in most of the successful call center services outsourcing firms.

By optimizing working capital usage

Call center processes follow a predetermined cost structure and are deemed successful only when they are able to achieve desired results within that stated cost structure. Call center services outsourcing makes this easier by reducing operational costs and improving customer satisfaction. Locational advantages available to call center services outsourcing firms are fully utilized and when the same is combined with the efficiency of advanced IT and telecommunications systems, it helps optimize working capital usage.

For reducing call center waste and for achieving other targeted goals and objectives, it is necessary that businesses choose the right call center services outsourcing firm. Starting with small, pilot projects would be a good way to assess the expertise and competence of shortlisted call center services outsourcing firms.

Insurance Process Outsourcing – Customer Satisfaction Made Easy

Tuesday, October 14th, 2008

With thousands of customers requiring urgent help and support on a daily basis, achieving and sustaining desired customer satisfaction levels has become quite difficult for insurance companies and their TPAs. An inhouse customer support unit can certainly help, but since it can also result in diversion of critical organizational resources from core-processes, businesses are at a loss when it comes to balancing customer satisfaction levels and improving core-processes. Maintaining desired customer satisfaction levels and improving core-processes are equally necessary and since both are interlinked, it often creates problems for insurance companies and their TPAs. This is precisely where the need is felt for insurance process outsourcing.

Insurance process outsourcing helps because it allows insurance companies to improve customer satisfaction levels without compromising on core businesses processes such as profit maximization, new product development, business expansion etc. When an insurance process outsourcing firm is hired, it takes complete control over backend operations of the insurance company. Critical functions such as insurance claims support, policy renewals and upgrades, back office accounting, etc., are then carried out exclusively by the insurance process outsourcing firm. This naturally helps reduce costs and increase efficiency and accuracy, all of which contribute significantly towards improving customer satisfaction levels.

Insurance process outsourcing also frees up human resources, time and finances, resources that can then be used more productively by diverting the same to core processes. Using insurance process outsourcing, insurance companies will thus be able to create competitive products and provide high-end insurance services to their customers. Over time, it will help them to grab a larger market share and improve upon the existing premium collection rates.

For best results, it is recommended that the right insurance process outsourcing service provider be selected. Insurance process outsourcing firms that offer the desired domain expertise, cost benefits and customer satisfaction guarantee, need to be given preference.

Customer Service Outsourcing – Why Reducing “Call-Wait” Time Is Necessary?

Monday, October 13th, 2008

Most businesses provide toll-free service numbers to make it easier for their customers to seek solutions for their problems and issues. In reality however, things do not work exactly as planned. Speaking in the context of customer service outsourcing, it would be worth mentioning that customer service numbers are often found inaccessible due to network congestion. With thousands of customers trying to access customer services, all at the same time, it’s not all that difficult to visualize the basic problem that affects customer service outsourcing. Call-wait times get extended as a result, something that starts affecting customer satisfaction levels.

So, what are the options? Well, if the primary objective is to reduce call-wait time, customer service outsourcing firms should start with making assessments about existing call support capabilities. If an increase in call-wait time is found to be a seasonal event, then outsourcing firms can choose to hire temporary staff, but if the same occurs all year round, then the customer service outsourcing firm may have to increase the number of support lines and customer service agents. In both cases, additional investments will be required.

However, due to the generally low cost-structure of customer service outsourcing projects, both businesses and customer service outsourcing firms prefer not to make additional investments. It’s also because other cost-effective alternatives are readily available, which can be used for reducing call-wait times. For example, automated systems such as IVR (Interactive Voice Response) can be used for diverting a significant percentage of the overall traffic, away from manually-operated customer service phone lines. Similar benefits are available through the use of self-service avenues like online knowledgebase, FAQs, forums, etc.

Using these, customer service outsourcing firms can significantly reduce call-wait times and pave the way for increased customer satisfaction. Thus helping to ensure the success of the ongoing customer service outsourcing project.