1. The Reason Why Email Can be so Beneficial
Independent research highlights that automated email can be far cheaper than telephony contact.
|
Type of Interaction |
Estimates of cost per interaction type (GBP) |
|
|
Lowest |
Highest |
Average |
|
Automated e-mail |
£0.03 |
£0.30 |
£0.17 |
|
IVR |
£0.07 |
£1.70 |
£0.70 |
|
Web self-service |
£0.12 |
£0.75 |
£0.30 |
|
Text chat |
£1.40 |
£5.00 |
£3.20 |
|
Assisted e-mail |
£1.40 |
£2.00 |
£1.70 |
|
Telephone |
£2.80 |
£10.00 |
£6.50 |
|
Unassisted e-mail |
£5.50 |
£7.00 |
£6.50 |
|
Web collaboration |
£5.50 |
£28.00 |
£10.00 |
|
Face-to-face sales call |
£160.00 |
£650.00 |
£450.00 |
|
Source: ContactBabel “20:20 CRM – A Visionary Insight into Unique Customer Contact”; various published estimates |
2. The Reality………………
|
Type of interaction
|
Microsoft or Lotus Notes*1 |
Traditional erms*1 |
SmartAgént |
|
|
*1 Based on the findings of studies at 44 UK sites |
|
Average emails per agent hour |
6 to 8 |
6 to 12 |
30 to 50 |
|
Rate per week |
240 |
400 |
1600 |
|
Cost per email *2 |
£1.67 |
£1.00 |
£0.25 |
|
Cost per telephone call*1 |
£0.85 |
|
Annual Cost 5,000 p wk |
£434,000 |
£260,000 |
£65,000 |
|
Annual Cost 10,000 p wk |
£868,000 |
£520,000 |
£130,000 |
|
*2 FTE Agent cost based on £21,000 pa |
3. What SmartAgént Can Achieve
When SmartAgént is implemented and delivering these levels of performance, the world of the email channel takes on a radically new and different perspective:
- organisations can encourage this style of contact reassured they can respond reliably and within known service levels
- significant savings can be achieved in the contact centre
- staff are happier and can be redeployed into more meaningful client interactions / engagements (selling, retention, and so on)
- peak trading periods can be more easily accommodated
- new opportunities arise to deflect the more expensive telephony transactions into the cheaper email channel
- locating offshore becomes less important from a cost perspective
- new business opportunities are introduced through innovative new services.