The role of customer experience in telecom is being radically transformed in the wake of increased digitization. As 5G networks, better infrastructure, and newer markets emerge, the telecom sector is at the cusp of a customer experience transformation. It’s also true that in many ways, the telecom industry has the potential to impact the way other sectors build their customer experience. In fact, recent studies show that nearly 76% of customers still prefer a telephone conversation with customer support. This statistic itself highlights the important role a telecom services provider has in the customer experience lifecycle across sectors. Clearly, knowing the market pulse is important for improving customer experience in telecom.
Communication is a key driver of customer experience. Hence, a telecom services provider must know what customers expect in every kind of interaction to deliver great experiences not just within their business, but also to support other sectors to offer the same to their customers.
Let us explore the top trends relating to customer experience in telecom for 2024:
1. Hassle-free onboarding
The digital economy is rising globally. People are shifting more of their common activities into digital mode. The changed behaviors that persist even after that pandemic is behind us have accelerated the trend as well. From banking to shopping, education, and entertainment, customers are demanding hassle-free digital experiences. This is not only a benchmark for any telecom services provider but also a key promise they need to enable for their enterprise customers.
They need to ensure that customers get a hassle-free no-nonsense onboarding experience into their network. Authenticating credentials shouldn’t be a problem. From auto parsing of OTPs to flash calls, there are a host of solutions that telecom providers must deploy to improve the onboarding experience.
Furthermore, they can also act as a gateway agent for other businesses to build similar experiences. For example, authenticating a user’s credentials via OTPs or flash calls can be a standard option for an OTT app or a social media app. Telecom players can be the bridge of trust serving both the customer and the business that wants to engage with them. With platforms like Authentrica, this can be easily achieved.
2. Learning about the customer
Most businesses believe that knowing the customers enables better service delivery. In 2024, businesses will need to deploy more innovative means to capture data from customers and learn from it. In the past surveys about customer experience were the de-facto medium for businesses to gain insights. However, studies say that a typical survey considers less than 7% of a business’s actual customer base for generating insights. The need to go beyond surveys is evident here. This is where a telecom services provider can make a difference.
Telecom providers can capture the preferences or consent of customers for all sorts of communications that happen over the network. That could be permissions for SMS campaigns, WhatsApp communications, emails, etc. It could be to create powerful Customer Data Platforms or first-party data gathered with customer consent. Telecom companies and their customers can leverage platforms like Consentica to manage user consent effectively. Using this information, they can help build better customer experiences based on ethically gathered customer data.
3. Protect personal data
Building trust is a key factor that influences customer experience. As we move deeper into the digital economy, customers are also becoming more aware of the threats that lurk out there. Many of these threats can be addressed if adequate protection is offered for sensitive data. Hence great customer experience demands a more strategic and focused approach towards integrating security features for personal data.
Telecom companies too must follow this trend. However, they have the additional opportunity to become a second layer of protection for customers. As explained earlier, telecom companies can build a layer of trust by collecting consent info from their customers. By building powerful encryption and network protection frameworks, they can ensure that personal data is never compromised by services running on networks. With tools like TxtChain, they can help trace telemarking activity with strict control on how user data is leveraged by 3rd party services. Firewall solutions can be deployed to ensure vulnerable entry points are discovered and neutralized before any incidents happen.
4. Preparing for an exciting journey
2024 will witness further expansion of the digital landscape in almost every sector. Telecom companies have the opportunity to not just improve the customer experience they provide but also drive industry standards across sectors. They can become the supporting framework for other sectors to push their customer experience initiatives forward at an accelerated pace. However, to do so telecom companies need to have the right technology required to build a powerful service economy on top of their network infrastructure. From security to monetization of assets through expansive partner services, telecom companies have a real potential to transform from their traditional roles. GTS is the perfect partner to ensure success on this path. Get in touch with us to know more.