Future of Customer Engagement in Latin America, 2018
In a world of rapidly changing technologies, providing consistently excellent customer support can be challenging. Consider that companies today are developing a widening assortment of popular technology-driven products and services, as well as adding complexity to existing ones. Technology-enabled goods—such as appliances, automobiles, entertainment products, and home security systems—are growing in functionality and complexity. Many products have the ability to be connected to and managed through the Internet; hence, the Internet of Things (IoT). In addition, a dizzying array of computers, mobile devices, and medical devices require high levels of technical support. Sales, customer care, and support agents in contact centers today are utilizing a much wider arsenal of communication tools, including voice, video, email, IVR, Web chat, file sharing, and social media. Frost & Sullivan believes that traditional, voice-centric call centers are rapidly morphing into omnichannel centers of excellence and relationship hubs.
Frost & Sullivan research shows that the new omnichannel consumer wants to have access to all available channels simultaneously, including the retail in-store/in-person experience. Examine, for a minute, how the consumer landscape has changed. Customers are demanding service on the channels they prefer, such as social media sites or mobile devices. This evolution could translate into an enhanced value proposition for clients and consumers. How? In essence, technology platforms and new business models will be key to meeting the complex communication needs of today’s omnichannel consumer. At the same time, younger customers in particular have become more impatient, demanding, and knowledgeable. More and more, millennial consumers insist on omnichannel support: a coherent, seamless customer experience, regardless of the channel through which they engage a business. This can range from face-to-face service to self-service.
This growth insight aims to analyze the top trends involving the future of customer engagement in Latin America. It provides insights from a Frost & Sullivan end-user priorities for customer engagement survey in Latin America to gauge companies' readiness for digital transformation and their priorities.
The insight presents a market overview and drivers and restraints. It provides insights regarding growth opportunities, emerging trends, and key takeaways that will affect market participants.
Key Issues Addressed
What are the key trends involving the future of customer engagement in Latin America?
What are the greatest opportunities/challenges for companies?
What are the key drivers and restraints for growth in Latin America?
Who are the key competitors?
What are the main technologies and new business models that companies should invest in?
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