tumsasedgars/iStock via Getty Images How often do you take the time to recognize someone who has impacted your life, especially someone you don’t see often? Recently, I had the privilege of writing a graduate school recommendation for a friend. It gave me a chance to reflect on his impressive professional accomplishments, the strength of our friendship, and the qualities that will continue to make him successful. It was both fun and humbling—a small way to thank him and to play a role in his next chapte ...

Best Customer Service 2026 Methodology https://t.co/mZ8nBgfCEd ...

Best Customer Service 2026 Methodologyhttps://t.co/FVkCUBPtx3 https://t.co/vhkMUVJg1a ...

[Music] [Applause] It was in the early 1990s that I was working as a customer service agent for a large bank that I received a call from a furious client. She was holding the bank and by proxy me responsible for a recent overdraft on her account. She'd written a check to one of her vendors.Yes, paper checks were a thing back then. And the vendor cashed the check prematurely, causing a substantial overdraft on her account. She screamed at me, "You idiots, let him cash the check. It's all your fault." I expla ...

Company Strengths & Market Position - The company possesses the strongest railroad network in the east, boasting the best margins, customer service, and employee engagement, indicating a valuable market position [1] - The company is uniquely positioned to collaborate with various railroads, including BNSF, due to not being exclusively paired with any single entity in the east [1] Strategic Partnerships & Growth Opportunities - The company is actively pursuing collaborative opportunities with other railroads, such as BNSF, to address challenges and foster growth [2][3] - The company aims to capture market share from the trucking industry by offering a more competitive and environmentally friendly rail transport solution [3] - The company can implement collaborative solutions with railroads like BNSF immediately, without the lengthy regulatory approval processes associated with mergers like UPNS [4] - The company anticipates demonstrating seamless service examples in the fourth quarter to attract truck model conversions [4] - The company emphasizes the partnership approach, highlighting mutual learning and growth with collaborators like BNSF [5] Regulatory & Competitive Advantages - The company avoids the risks associated with regulatory approval processes by pursuing partnerships rather than mergers [4][5]

Customer Service - Kraken's customer service is considered exceptional within the crypto exchange landscape [1] - The crypto industry generally lacks exchanges with decent customer service [1] - Kraken is setting a high standard for customer service in the crypto exchange sector [1]

Core Insights - Nearly half of U.S. shoppers believe customer service is deteriorating, with only 20% reporting improvements and 42% noting a decline [2][4] - Younger generations, specifically Gen Z and Millennials, are more optimistic about customer service compared to older generations [3][4] Consumer Sentiment - Among Gen X and Boomers, only 12% feel customer service has improved, while 46% think it has worsened [2] - In contrast, 29% of Gen Z and 31% of Millennials perceive an improvement in customer service [3] Expectations and Trust - 68% of consumers expect small businesses to match the digital security and professionalism of larger companies [4] - Younger consumers have higher expectations for speed, flexibility, and friendliness in service [3][4] Customer Service Preferences - 44% of consumers still prefer phone support, but Gen Z and Millennials favor live chat, text, or social media [7] - 86% of respondents prefer interacting with a real human over a chatbot [7] Frustrations with Service - 66% of consumers cite rude treatment as a primary complaint, while 55% mention a lack of empathy [7] - Nearly half (47%) express frustration over the absence of customer service options [7] Generational Attitudes - Younger generations are less forgiving; 24% of Gen Z would not give a business a second chance after a mistake, compared to 18% of Gen X and Boomers [7] Opportunities for Small Businesses - Small businesses can leverage AI tools like GoDaddy Conversations to enhance customer interactions and build trust [5][6] - The ability to respond instantly and personalize interactions is crucial for maintaining customer relationships [6]

Core Viewpoint - The article highlights the importance of customer service in the electricity supply industry, showcasing how proactive engagement and technical assessment can clarify customer concerns regarding increased electricity bills [1][2]. Group 1: Customer Engagement - The company emphasizes the need for direct communication with customers to understand their electricity usage patterns, such as the addition of new appliances or changes in household occupancy [1]. - The service team employs a methodical approach, including asking questions about recent changes in electricity consumption and conducting on-site diagnostics to assess the situation accurately [1][2]. Group 2: Technical Assessment - The technician uses an app to analyze the customer's electricity usage history, identifying peak usage days that coincide with high temperatures and increased air conditioning use [2]. - The technician explains that the new air conditioning unit consumes significantly more electricity compared to older appliances, providing clarity on the reasons behind the increased bills [2]. Group 3: Customer Education - The company not only addresses customer concerns but also educates them on energy-saving tips, enhancing customer satisfaction and trust [2]. - The approach taken by the service team reflects the company's commitment to customer service and the principle of "People's Electricity for the People," ensuring that every unit of electricity is delivered with reliability and peace of mind [2].

What does it take to go from blank page to live enterprise voice agent in 100 days? That’s the challenge we took on with Fin Voice at Intercom. Enterprise customer service demands high-quality, reliable voice interactions - but delivering that fast means wrestling with tough problems like latency, hallucinations, voice quality, and answer accuracy. We rapidly evaluated and integrated a full voice stack - including transcription, language model, text-to-speech, retrieval-augmented generation, and telephony - ...

AI in Retail & Fashion: Key Takeaways - AI is transforming retail and fashion across three horizons: next year, three years from now, and 2030 [1] - Retailers are currently spending 1-5% of their revenues on customer service, presenting a significant opportunity for AI implementation [1] - AI can enhance customer service by processing customer policies, product recommendations, and interacting via phone, email, and chat [1] - AI agents will assist human agents in handling sensitive issues or approvals [1] Personalized Customer Experience - By 2028, AI will enable digital twins, using clean data and data links to create hyper-personalized offers and product recommendations [1] - By 2030, AI will proactively suggest purchases through wearable devices and smart homes, creating fluid customer journeys [1][3] - AI will not only identify customer needs but also upsell them to the next level [3] Impact on Employees - AI empowers employees like personal shoppers with real-time insights into customer preferences and sales [2][4] - AI will be the foundation for both customer and employee experiences in the next five years [4]