Millions of calls distilled
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One Platform, Every Interaction, Multiple Capabilities
Hear centralizes all your conversation data, turning every conversation into an opportunity for improvement.
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"Hear has been a transformative partner for Shift, revolutionizing the way we manage customer interactions. What used to be a manual, time-consuming effort is now automated, accurate, and insight-driven. With Hear, we’ve gained both operational efficiency and deeper call compliance and quality from our representatives."
– Yuval Danin, CEO at Shift
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We believe in the importance of transparency and secure practices. That’s why we prioritize advanced security measures and a strong commitment to privacy, ensuring that your information remains safe at all times. Your trust is our top priority.
Our AI
We've created a system that checks itself, ensuring you always get accurate, reliable results. By incorporating a dual-language model (LLM) framework, one LLM functions as a judge, producing outputs while the other serves as a verifier, meticulously checking the validity and accuracy of the generated content. This mechanism not only enhances the reliability of the results but also provides a robust double-check system that safeguards against errors, ensuring that you receive high-quality information with every interaction.
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The latest industry insights to help you make the most of AI-driven innovation for contact centers.
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CVX: From Call Centers into Customer Value Exchange Hubs
Discover how the Customer Value Exchange (CVX) model is transforming call centers from cost centers into strategic hubs.
In customer service, advancements in technology—especially generative AI—are creating opportunities far beyond traditional enhancements to existing tools. These innovations allow us to take a significant leap forward, introducing new methods and unlocking fresh opportunities for businesses to drive growth. One such revolutionary approach is the Customer Value Exchange (CVX), a concept that reimagines call centers as strategic hubs of value creation, where every interaction contributes insights that help shape business decisions, optimize offerings, and foster growth.
The Evolving Role of Call Centers
Traditionally, call centers have been viewed as cost centers, focused solely on resolving customer issues and improving satisfaction scores. While service delivery remains essential, the modern call center has the potential to offer far more than just support—it can function as a strategic, insight-driven asset that fuels business growth.
Customer data and feedback are pivotal to staying competitive, companies need to leverage every customer interaction as an opportunity for learning and improvement. Customer Value Exchange (CVX) comes in as a new approach that harnesses the full potential of call centers as engines for value creation. With CVX, companies can transform every customer interaction into actionable intelligence that benefits both the customer and the business.
What is Customer Value Exchange (CVX)?
Customer Value Exchange (CVX) is a model that embodies the multi-dimensional role of call centers, capturing the reciprocal value between customers and businesses. CVX goes beyond traditional service to create a rich, ongoing exchange of information, insights, and growth opportunities. Here’s how CVX redefines the call center’s role:
Exchanging Insights: Each customer interaction provides a chance to gather insights on customer behaviors, preferences, and pain points. This intelligence helps companies understand trends, inform strategy, and make data-driven decisions. Imagine a retail call center that collects insights from seasonal customer inquiries about eco-friendly products. With CVX, these insights are shared with the marketing team, who then launches a ‘Sustainable Choices’ campaign based on clear, data-driven demand. This proactive approach can help shape not only the customer experience but also brand perception.
Understanding Customer Needs: Call centers can identify recurring customer needs, anticipate future demands, and provide feedback that leads to better, customer-driven product and service developments. A software company using CVX might notice recurring feedback on a specific feature limitation. By capturing this trend and sharing it with the product team, the company can prioritize updates that align closely with user expectations, ensuring higher product-market fit and customer satisfaction upon release.
Identifying Sales Opportunities: Beyond resolving issues, CVX emphasizes recognizing opportunities for upselling and cross-selling based on customer needs, allowing call centers to contribute to the bottom line. Consider a travel company that detects frequent questions from customers about add-on services like insurance or upgrades during trip bookings. Using CVX, the call center recognizes these as potential sales opportunities, prompting agents to offer personalized upgrades and increase revenue while enhancing the travel experience for customers.
Gathering Product Feedback: Call centers serve as real-time feedback channels, providing invaluable insights that product development teams can use to refine offerings or address common customer issues. In the consumer electronics sector, a CVX-enabled call center could identify early signs of a common product issue, such as battery life concerns for a new device. By relaying this feedback in real-time to product teams, the company can quickly address it in subsequent production batches or firmware updates, reducing churn and protecting brand reputation.
In essence, CVX creates a cycle of learning and growth. By treating customer interactions as data-rich events, businesses can fuel their strategies with information sourced directly from the individuals they serve.
How Customer Value Exchange Drives Business Growth
CVX delivers outcomes that directly support business growth, setting it apart from traditional customer service solutions. Here are the primary ways CVX impacts the bottom line:
- Accelerating Product-Market Fit: With direct insights from customer interactions, product teams can make data-driven improvements, align features with customer expectations, and ensure that offerings stay competitive and relevant.
- Boosting Revenue Through Targeted Upsells and Cross-Sells: By understanding customer needs, call centers can identify precise moments to present relevant upsell or cross-sell opportunities, turning support into sales without compromising service quality.
- Optimizing Operational Efficiency and Resource Allocation: CVX enables call centers to operate strategically, focusing on data-driven problem-solving rather than mere troubleshooting. This results in reduced operational costs and improved team efficiency as common issues are identified and resolved at the source.
- Enabling Data-Driven Decision-Making Across the Business: The insights generated through CVX benefit departments beyond customer service. Sales, marketing, product development, and R&D can all use CVX insights to refine their strategies, align with market trends, and respond swiftly to emerging customer needs.
Case Example: Customer Value Exchange in Action
Imagine a customer calling in to express dissatisfaction with a product. In a traditional model, the goal would be to resolve the issue as quickly as possible. But with CVX, the agent listens for cues about broader trends and unmet needs, gathering insights that feed directly into product development. This single interaction could influence product updates, reveal upsell opportunities, and even guide marketing campaigns targeted at similar customer segments.
Conclusion: The Future of Call Centers with Customer Value Exchange
CVX is more than a methodology—it’s a transformation that empowers businesses to maximize the value of every customer interaction. By adopting a Customer Value Exchange approach, companies can drive sustainable growth, create products that better meet customer needs, and foster stronger, more loyal customer relationships. At Hear, we’re excited to help businesses unlock the full potential of their call centers and make CVX a cornerstone of their customer strategy.
Ready to explore the CVX model for your business? Discover how Hear’s AI-driven solutions can transform your call center into a hub of insights, strategy, and value exchange.
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How Contact Centers Can Reduce Churn Risk with CC Intelligence Software
Learn how contact centers can reduce churn risk using conversation intelligence, call center analytics, and AI-driven monitoring software.
Customer churn is a major concern for contact centers. Losing customers not only affects revenue but can also harm brand reputation. Research from G2 shows that increasing customer retention by just 5% is significantly more cost-effective than acquiring new customers.
The good news? Conversation intelligence software and call center analytics now offer advanced tools to proactively detect churn risk by identifying frustration, monitoring sentiment, and predicting potential churn signals. These insights go beyond traditional call center quality management, helping you take meaningful actions before it's too late.
In this blog, we’ll explore six key strategies to reduce churn risk and enhance customer retention using contact center analytics software and call monitoring software.
1. Leverage Predictive Analytics to Stay Ahead of Churn
Understanding churn risk before it escalates is essential. Predictive analytics in call center analytics software helps detect patterns in customer interactions, allowing contact centers to anticipate dissatisfaction and take proactive steps.
For example, if a customer repeatedly contacts support about the same issue, conversation intelligence software can flag this as a high churn risk.
Actionable Tip: Use predictive analytics from conversation intelligence software to forecast customer behavior trends and adjust agent training accordingly.
2. Monitor Negative Sentiment with Speech Analytics
Tracking customer sentiment is one of the most effective ways to assess churn risk. Customers who express dissatisfaction with phrases like “This is the worst experience” or “I’m really disappointed” are at high risk of leaving.
With speech analytics call center software, you can automatically flag negative sentiment and escalate high-priority cases before they result in customer churn.
Actionable Tip: Implement call center quality monitoring software to track negative sentiment trends and identify common customer pain points.
3. Train Agents to Set Clear and Realistic Expectations
One of the leading causes of customer churn is frustration due to unmet expectations. When customers say things like “I was told this would be fixed” or “This isn’t what I expected,” it often signals service gaps that need attention.
By analyzing interactions with call monitoring software, you can identify areas where agents need training to improve expectation management and reduce frustration.
Actionable Tip: Use call center analytics dashboards to monitor recurring complaints and adjust training materials to ensure agents provide accurate and realistic expectations.
4. Address Customer Complaints Before They Escalate
Customers who request immediate action—such as refunds or escalations—are often at risk of churning. Phrases like “You need to fix this now” indicate customer dissatisfaction, requiring immediate resolution.
With call center monitoring software, you can detect these signals early and equip your team with customer retention strategies to address them.
Actionable Tip: Provide agents with predefined customer retention offers based on insights from conversation intelligence software to prevent churn risk.
5. Reduce Repeated Contacts to Lower Customer Effort
Customers who need to call multiple times for the same issue experience frustration that leads to customer churn. Research from The Effortless Experience found that 96% of customers who have high-effort experiences become disloyal, compared to just 9% of those who experience seamless resolutions.
Using call monitoring tools, you can flag repeat callers and take corrective action to reduce friction.
Actionable Tip: Implement call center quality monitoring to analyze frequent issues, retrain agents, and improve first-call resolution rates.
6. Improve Agent Performance with Conversation Intelligence
Beyond detecting churn risk, conversation intelligence software helps evaluate agent performance. By analyzing call center agent interactions, you can identify training gaps and improve service quality.
If certain agents struggle with customer retention, personalized training can be developed to strengthen communication skills and reduce churn risk.
Actionable Tip: Use insights from call center analytics dashboards to design data-driven training programs that boost customer satisfaction and retention.
Conclusion: The Future of Contact Center Retention
Reducing customer churn requires a strategic and data-driven approach. By integrating conversation intelligence software, call center analytics, and call monitoring tools, you can detect churn risk early, train agents effectively, and enhance customer experience.
Ready to transform your contact center’s retention strategy? Discover Hear can help you reduce churn risk, enhance agent performance, and strengthen customer relationships—all while improving your bottom line.
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How Different Industries Use VoC Insights with Hear
Discover how industries like retail, finance, and more are using Hear’s VoC insights to boost customer satisfaction, reduce churn, and drive growth.
Explore real-world examples of how various industries can use Voice of Customer (VoC) insights with Hear to improve customer experience (CX) and business performance.
Strip away all the fluff, and your organization's success ultimately hinges on one thing—how well your products and services meet your customers' needs and wants. But unless you actively seek and listen to what they’re saying and analyze customer behavior, your products and services will likely be out of sync with their evolving expectations.
It doesn’t matter what industry you’re in—customer experience (CX) is a critical component of customer acquisition, retention, and loyalty. However, raw feedback data taken at face value can miss the mark and lead to flawed assumptions about what customers really care about. That means fine-tuning your CX depends on how well you can sift through the noise and meaningfully analyze customer feedback.
Tracking and examining customer conversations over multiple channels takes time and effort – which is why many top-tier brands and leading organizations are turning to AI-driven Voice of Customer (VoC) tools like Hear to extract insights from customer feedback at scale.
This article explores real-world examples of how various industries use Hear’s VoC insights to improve customer experience and business performance.
What is Voice of Customer (VoC)? Voice of the customer (VoC) involves collecting and analyzing customer feedback about their experiences, needs, and preferences regarding your products, services, or brand.
With Hear’s AI-driven platform, you can collect VoC data through multiple channels, including:
- Call center conversations
- Email and chat support
- Agent performance evaluations
- Online reviews and surveys
This data is crucial for understanding customer sentiment, identifying areas for improvement, and strengthening customer relationships.
The Impact of VoC on Customer Satisfaction Customer satisfaction is a critical metric, and voice of customer data plays a significant role in improving it. By collecting and analyzing customer feedback, you can identify areas for improvement and make data-driven decisions to enhance the customer experience. When customers feel heard and valued, they’re more likely to remain loyal to your brand and become advocates, contributing to long-term business success.
With Hear’s sentiment analysis and insights, companies can track customer emotions at scale, monitor complaint trends, and take proactive measures to resolve issues before they escalate.
Voice of Customer Methodology Here’s a typical approach for collecting, analyzing, and acting on VoC insights with Hear:
- Define Objectives: Identify what you aim to achieve with your VoC program, such as improving customer satisfaction or reducing churn.
- Identify the Target Audience: Determine which customer segments are most relevant for feedback.
- Collect Customer Feedback: Use call monitoring, email/chat analysis, and customer support interactions to gather comprehensive feedback.
- Analyze Feedback: With Hear’s AI-driven thematic analysis, you can quickly spot trends and sentiment patterns.
- Act on Insights: Prioritize the most critical issues and address customer concerns to improve their experience.
- Measure Success: Track KPIs like churn rate, FCR (first call resolution), and NPS (net promoter score) to evaluate the impact of your efforts.
How Different Industries Use VoC Insights with Hear
1. Retail
Retailers can use VoC insights from Hear to drive personalized shopping experiences, optimize store layouts, and enhance specific elements of CX.
- Personalized Shopping: By analyzing customer calls, online support chats, and post-purchase feedback, retail brands can understand customer buying preferences. A fashion retailer, for example, may identify rising interest in sustainable clothing and create dedicated marketing campaigns for eco-friendly products.
- Store Layout Optimization: Brick-and-mortar retailers can analyze complaints like "It’s too hard to find products" from call center conversations. If patterns emerge, they can redesign store layouts to improve product visibility and increase in-store purchases.
- Enhancing Loyalty Programs: Retailers use Hear’s VoC insights to understand customer preferences in loyalty programs. For example, customers may prefer cashback over points, leading to a strategic shift in rewards offerings.
2. Financial Services
Banks, credit unions, and insurance companies use Hear’s VoC analysis to streamline operations and improve customer satisfaction.
- Improve Product Development: By collecting feedback from support calls, financial institutions can tailor financial products and services. If multiple customers request new payment features, banks can prioritize these enhancements.
- Customer Support: Hear’s AI tracks complaints like "Wait times are too long" and "No one follows up on my requests." This insight enables financial firms to adjust staffing levels or create self-service options to reduce wait times.
- Optimize Claims Process: Insurance companies use Hear to track keywords like “claims status” in support calls. By addressing delays in the claims process, they can improve transparency, reduce complaints, and boost customer satisfaction.
3. Telecommunications
With large call volumes, telecom companies need streamlined processes for managing and analyzing VoC data.
- Reduce Churn: Hear’s churn prediction model identifies at-risk customers by tracking negative sentiment in calls, chat, and email. Companies can intervene with targeted retention offers.
- Improve First Call Resolution (FCR): If customers frequently call back for unresolved issues, it’s a red flag. Hear’s FCR analysis identifies the root cause of repeat calls, enabling telecom firms to retrain agents or improve support scripts.
- Enhance Agent Performance: Hear’s agent performance evaluations analyze support conversations, highlighting key areas where agents excel or need additional training.
4. E-commerce
E-commerce platforms use Hear’s insights to deliver frictionless online shopping experiences.
- Cart Abandonment Analysis: Hear identifies call conversations where customers discuss issues like “Promo code not working.” This feedback helps e-commerce companies improve checkout design and reduce cart abandonment.
- Product Feedback: Negative sentiment about specific product lines can signal design flaws or quality issues. E-commerce companies can act on this feedback to improve product quality and customer satisfaction.
- Delivery Issues: Keywords like “where’s my order” and “package damaged” help businesses identify issues with shipping providers and take corrective action.
5. Travel & Hospitality
Travel companies and hospitality providers use Hear’s VoC analysis to maintain customer satisfaction and reduce negative experiences.
- Enhance Guest Experiences: Feedback from travelers about room cleanliness, check-in times, and staff behavior helps hotels prioritize changes. If multiple guests report slow check-in, hotels can increase staffing during peak hours.
- Improve Customer Support: By analyzing support calls, travel agencies can understand why customers are calling (like “change my flight”) and introduce self-service tools to manage these requests.
- Upsell Opportunities: Keywords like "upgrade" signal moments where agents can offer premium services like seat upgrades or late checkouts, driving additional revenue.
6. Utilities
Utility companies must be proactive in handling customer feedback during disruptions and outages.
- Outage Alerts: Hear’s risk monitoring system tracks alerts on mentions of “power outage” or “water leak,” so utility providers can address issues faster.
- Customer Service Improvements: Insights from customer calls regarding long hold times or slow issue resolution help utility companies reduce customer frustration and build trust.
- Proactive Messaging: By anticipating common questions after a storm, utility companies can create proactive notifications to reduce inbound call volume.
6 Key Benefits of Using VoC with Hear
- Enhanced CX: Personalized services and proactive problem-solving.
- Reduced Churn: Identify at-risk customers and intervene.
- Increased Efficiency: AI insights streamline agent workflows.
- Continuous Innovation: Feedback fuels product and service development.
- Faster Time-to-Insight: Instant analysis of thousands of conversations.
- Revenue Growth: Upsell and cross-sell opportunities.
Take Action with Hear From personalized retail experiences to smarter utility support, VoC insights power customer-centric improvements across industries. With Hear’s AI-driven analysis, companies can make data-driven decisions, reduce churn, and drive growth.
Want to see how Hear can transform your customer experience strategy? Schedule a demo today and experience the power of customer insights at scale.
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Reducing Customer Churn with Data-Driven Insights
By leveraging Hear’s advanced analytics, companies can transform raw customer data into actionable insights, dramatically reducing churn rates.
Retaining customers is just as crucial as acquiring new ones. For contact centers, customer churn can lead to significant revenue loss and missed growth opportunities. Understanding the reasons behind churn and using data-driven insights to proactively address issues can dramatically improve customer retention. Here’s how you can take a data-focused approach to reducing churn.
Why Churn Matters and How It Hurts Your Business
Customer churn not only affects your bottom line but also signals deeper issues within your business, from product misalignment to poor customer experiences. High churn rates increase acquisition costs, weaken brand loyalty, and can eventually tarnish your reputation in the market.
The Real Reasons for Customer Churn
Contrary to popular belief, customers don’t always churn due to pricing or product alone. Churn often results from a combination of factors that undermine the customer experience. Identifying these reasons early is key to reducing churn.
Market Fit vs. Product Fit: How They Differ and Why They Complement One Another
Market fit refers to how well your product solves a broad, industry-wide problem, while product fit relates to how well your offering addresses the specific needs of your customers. While they are different, both are essential. A product may be an excellent fit for the market but fail to meet the unique needs of your customer base, or vice versa. To prevent churn, it’s crucial to align both market and product fit with your users’ expectations.
Identifying Common Reasons That Users Disengage Before It’s Too Late
There are numerous reasons customers become disengaged, but many fall into a few key categories. Here are the most common causes:
1. Lack of Communication
A lack of meaningful communication with users leaves them feeling neglected, increasing the chances they will leave for a competitor.
2. Wrong Users
Attracting customers who aren’t the right fit for your product can lead to high churn. Targeting the correct audience is crucial.
3. Poor User Support
If users can’t easily get the help they need, frustration builds, and they begin seeking alternatives.
4. Product Quality
If your product consistently fails to meet expectations, users will eventually look elsewhere for a more reliable solution.
5. Trouble Communicating Value
Even if your product is excellent, if customers don’t understand its value, they may fail to see why they should stick around.
6. Pricing Friction
Complicated or non-transparent pricing models can lead to dissatisfaction, especially if customers feel they aren’t getting value for money.
7. Low Customer Adoption
When customers don’t fully adopt your product or fail to use it to its full potential, they’re less likely to stick with it long-term.
8. Lack of User-Friendliness
A product that’s difficult to navigate or unintuitive leads to frustration and eventually, churn.
Techniques for Re-Engaging At-Risk Customers
Re-engaging customers who are on the verge of churning can be as simple as improving communication or offering personalized support. Here are a few techniques:
- Personalized Outreach: Tailored emails, phone calls, or in-app messages to re-engage disengaged users.
- Incentives: Offering discounts, loyalty rewards, or free trials can bring customers back on board.
- Feedback Loops: Actively seeking feedback and showing customers how it’s being implemented can boost loyalty.
Reducing Churn with Familiar and Natural Experiences
Customers are more likely to stay when they feel a natural, seamless experience with your product. From intuitive interfaces to timely communication, familiar experiences help foster trust and ease of use, significantly reducing churn.
Understand and Reduce Customer Churn with Hear
With Hear’s data-driven Gen AI platform, contact centers gain a detailed view of customer sentiment, engagement patterns, and potential friction points by analyzing the content of all calls coming through your call center. These insights enable businesses to identify at-risk customers and proactively implement strategies to re-engage them, ensuring issues are addressed before it’s too late.
Harnessing the Power of Hear
By leveraging Hear’s advanced analytics, companies can transform raw customer data into actionable insights, dramatically reducing churn rates. Whether it’s through improving agent performance or uncovering hidden revenue opportunities, Hear equips businesses with the tools they need to retain their customers and grow.
Call Resolution
This graph illustrates the outcomes of customer calls after the conversation concludes. This is key data for better visualization of completion trends.
Call Issue Analysis
This report categorizes the primary causes of problems during calls, allowing contact center managers to quickly understand and address the most common challenges their customers face.
Compliance Tracking
This graph tracks how often agents missed mentioning required information during calls. This helps identify gaps in agent compliance and areas for improvement in communication.
"The system is truly amazing. The insights it provides go far beyond what I could have imagined before we started using it."
– Nathaniel, Tiberias Financial Contact Center Manager at Cellcom
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