March 23, 2022
How MOJO-CX© provided 29x ROI by identifying areas of improvement and enhancing process
A supermarket and digital retailer came to MOJO-CX© with one key problem – they had tonnes of customer data and recorded calls, but how could they analyse it all to better understand their customers and the issues they faced? Better yet, how could this be automated so they could analyse future contact centre data with speed and accuracy so they could identify pain points before they grow?
By conducting upfront analysis of their data spanning across their existing channels, we were able to make some immediate cost-reductive and revenue-maximising recommendations. This occurred within the market-leading 4-week deployment period whilst we got their contact centre managers, leaders and agents set up with our conversation & speech analytics platform to actively monitor 100% of their demand going forward.
Using a mix of bottom-up language modelling and what we’ve seen across other client work, we created 47 contact driver categories and topic models to identify key themes throughout the data we were given.
From there, our Speech Analytics software was dispatched to review all the client’s data and test our hypotheses, exploring the causal relationship between these categories and call outcomes (sentiment, CSAT, purchase and churn) and establish an automated text analytics pipeline.
Our work focused on identifying opportunities to improve CX so our client could refocus contact centre agents to take these opportunities, with the goal of ultimately improving their brand reputation.
On top of the 47 contact driver categories and topic models that we initially created, we used further categories to analyse customer sentiment by contact type and created a data lake to house all of our clients previously unstructured data.
For an initial £20k investment, MOJO-CX© helped to identify over £150k of operational benefit and roughly £100k of benefit through actionable automation and fulfilment improvements. Our analysis and suggested changes to their current system provided 12x ROI for our client.
If you’re struggling with unstructured data start turning your data into insight with MOJO-CX©. Automatic conversation analytics can unlock 100% of your demand and reduce your reliance on untrustworthy random sampling.
Better yet, we have market-beating deployment (an average of just 4 weeks), and at just 20% of the cost of other providers.
Contact us today for a free demo and to discuss how we could boost your contact centre’s efficiency, analyse demand, and provide the ideal customer experience.
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