Neustar-Commissioned Study Shows Customer Experience Tied to Voice Channel
January 10 2023 - 03:09PM
Business Wire
Achieving business goals depends on
effective multichannel outbound communications strategy
A new study, The State of Outbound Communications in 2022,
commissioned by Neustar, a TransUnion company and conducted by
Forrester Consulting, found that respondents’ top business goals
include a focus on improving the customer experience and that
outbound communications are closely tied to achieving those
goals.
While 87% of the business and IT executives surveyed across nine
industries agree that the phone is the most important outbound
contact channel, respondents face significant obstacles in reaching
customers. These include spam tagging, mislabeling as ‘unknown
caller’, inaccurate CRM data, fear of fraud, and communication
channel siloes. Aligning the voice and digital channel strategy is
more critical than ever.
“While many respondents said they’re confident that they can
orchestrate an effective multichannel strategy, the majority admit
their voice and digital channels are separate. Less than half are
currently leveraging contact strategies to help them orchestrate a
multichannel approach,” said Robert McKay, senior vice president at
Neustar. “Those respondents that have adopted contact strategies
that leverage behavioral insights of their customers and their
calling habits have seen many benefits, including increased answer
rates, improved right-party contacts, greater operational
efficiency, an heightened customer experience and revenue
growth.”
Top findings include:
- Nearly three in four survey respondents said that the type of
message and priority were the determinants of the outbound
communication strategy. Only 40% consider customer preferences and
behavioral data analysis in channel selection, and 34% said their
solution provides up-to-date contact information for clients.
- Over 90% of respondents said customers are not picking up their
calls, in part, due to concerns of fraud, robocalls, and call
spoofing.
- About 40% of respondents are turning to customer contact
solutions to help them optimize their outbound strategy and reach
key goals.
- Adopters of customer contact solutions report improved customer
retention (57%) and better customer experience and customer
satisfaction (68%).
- 62% of customer contact solution users saw better regulatory
compliance results through their solution.
- These benefits translate into increased revenues, as reported
by 69% of respondent users, through reduced costs, greater
efficiency, and happier customers.
According to the study, rebuilding trust in outbound
communication requires a focus on customer contact solutions that
increase transparency and contact intelligence capabilities to
create more customer-centric outbound contact strategies.
About the survey
In July 2022, Neustar commissioned Forrester Consulting to
conduct a study on the current state of outbound contact channels
and solutions. Forrester conducted an online survey with 455 US
business and IT decision-makers responsible for customer outreach.
Read the full study here.
About TransUnion (NYSE: TRU)
TransUnion is a global information and insights company that
makes trust possible in the modern economy. We do this by providing
an actionable picture of each person so they can be reliably
represented in the marketplace. As a result, businesses and
consumers can transact with confidence and achieve great things. We
call this Information for Good®. A leading presence in more than 30
countries across five continents, TransUnion provides solutions
that help create economic opportunity, great experiences, and
personal empowerment for hundreds of millions of people.
https://www.transunion.com.
About Neustar
Neustar, Inc., a TransUnion company, is a leader in identity
resolution providing the data and technology that enable trusted
connections between companies and people at the moments that matter
most. Neustar offers industry-leading solutions in marketing, risk
and communications that responsibly connect data on people, devices
and locations, continuously corroborated through billions of
transactions. Learn how your company can benefit from the power of
trusted connections. home.neustar.
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version on businesswire.com: https://www.businesswire.com/news/home/20230110005970/en/
Neustar Media Contact FINN Partners Rob Bitter
914-471-5615 Rob.bitter@finnpartners.com
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