IPC Tech Blog

Building Customer Trust Through the Contact Center

[vc_row][vc_column][vc_column_text]Trust is an essential element of customer relationships. It may take years to earn that trust, but it can be lost in an instant. Wells Fargo provides a cautionary tale.

Founded in 1852 to provide banking services in California, the company enjoyed 163 years of prosperity and became the world’s largest bank in 2015. Within months, however, its reputation was irretrievably tarnished by a shocking scandal. The bank admitted to creating millions of fake customer accounts, forging signatures, charging fraudulent fees and illegally repossessing property from tens of thousands of customers who didn’t pay those fees.

In the end, Wells Fargo had to pay billions in remediation costs and criminal penalties. Outraged customers, including major clients such as the State of California, transferred an estimated $75 billion in deposits. Multiple surveys over the past few years consistently find that Wells Fargo is now the least-trusted bank in America — by quite a large margin.

As the legendary investor Warren Buffet once noted: “Trust is like the air we breathe — when it’s present, nobody really notices; when it’s absent, everyone notices.”

What Customers Want

As the central point of interaction between companies and their customers, the contact center plays a critical role in creating positive customer experiences that build trust and brand loyalty. In one recent survey of U.S. consumers, nearly 90 percent said they will remain loyal to a company or brand following a positive contact center experience, but nearly 75 percent said they would stop doing business with a company after a single negative experience.

How do you earn that trust? According to several surveys, there are four things that customers say they expect when they engage with a company’s contact center:

No two customers are alike, and they all have their particular preferences. However, these four features are universally well received and are highly likely to help create a positive customer experience.[/vc_column_text][us_btn label=”Contact IPC Tech to Make a Positive Customer Experience” link=”url:https%3A%2F%2Fwordpress-637414-4828652.cloudwaysapps.com%2Fcontact%2F” align=”center” css=”%7B%22default%22%3A%7B%22margin-top%22%3A%2225px%22%2C%22padding-top%22%3A%2225px%22%7D%7D”][/vc_column][/vc_row]