Economic recession has affected nearly all industries across the globe. Particularly, consumer goods and retail companies are actively looking for ways to cut down costs in order to increase revenue. Experienced CEO’s are now seriously considering outsourcing parts of their business but, is outsourcing the right move for your company?
We all agree that now more than any other time, customer service has become an important differentiating factor in your products: Most businesses spend 80% of their marketing dollars to attract new customers, but did you know that nurturing, retaining and maintaining your customer relationships pays higher dividends in ROI? Additionally, 86% of customers say they are very likely to purchase your company’s products after a good customer service experience.
Outsourcing your customer service will allow you to increase the service levels and customer satisfaction. Remember that your partner works 24/7 providing customer service, so it is very likely they have highly experienced personnel and expertise in hiring the right agents for your company’s needs.
Acquiring the right technology to receive, handle and monitor your incoming customer service calls is one of the costs you will immediately forget about. Your outsourcing partner will take care of keeping up with the newest and most efficient hardware and software to ensure your customers receive the best service available.
Apart for customer service, your partner can also aid you in back office activities, order taking, shipment tracking, Automated Voice Recognition… You name it! Also, these activities can be performed offshore, thus considerably reducing your labor cost.
Finally, remember that one of the main benefits of outsourcing is that you can focus all your efforts in your core business. Does your company sell frozen food? Then focus on your product quality, supply chain management, delivery… and let your partner worry about customer service!
