Index Investing News
Sunday, April 26, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Black Friday shows the power of digital sales

by Index Investing News
December 14, 2022
in Opinion
Reading Time: 3 mins read
A A
0
Home Opinion
Share on FacebookShare on Twitter



Black Friday shows the power of digital sales

By Ryan Falkenberg

If you’re anything like some of South Africa’s biggest retailers, you had a very good Black Friday.

Through the course of the annual shopping extravaganza, South African consumers spent billions of rand, with one spending R400 000 before sunrise, and at least two others spending more than R1 million each.

But even the most successful of Black Fridays doesn’t come without a few wrinkles.

In the weeks following Black Friday, retailers of all sizes have had to deal with a related spike in service queries, issues and disputes.

And while these retailers have perfected digital sales, the same cannot be said for digital servicing.

Most retailers still rely heavily on human agents to handle the complexities of query resolution and dispute handling.

The challenge with digital servicing

Offering a customer an incredible online shopping experience is not simple.

You don’t just need to make it easy to find the right product, pay for it, and specify a delivery address.

It’s everything that goes into making it a frictionless experience, from product images and details to stock management, payments, and logistics.

Resolving related-queries and disputes is no less simple.

You need to be able to analyse each situation and based on each context, apply different rules to reach relevant outcomes.

It seldom involves a simple answer to a specific question, like “Where is my delivery”?

Instead, many service queries or disputes can only be resolved once a lot more information has been gathered from the customer themselves.

For online retailers using chatbots to handle their customer service needs, that’s bad news.

Chatbots are good at giving basic information, but terrible at offering meaningful advice.

They struggle to ask relevant questions that result in meaningful outcomes. In many cases, chatbots actually make it worse.

To overcome chatbot limitations, many retailers employ contact centre agents to take over the conversation from the chatbot, either via live chat, phone or email.

Over peak periods like Black Friday, they need to ramp up capacity using temps who are often overwhelmed by the volume and variation of queries they need to resolve, leading to frustrated customers and poor customer experiences.

Virtual agents are solving this problem

Fortunately for online retailers, they now have an alternative – virtual agents.

Unlike chatbots, virtual agents operate at the level of experienced human agents. They can clarify the customer’s intent, analyse their situation or need, diagnose the root cause of any problem, and then identify the right solution before triggering the relevant process to action it.

Plus they can engage directly with customers via multiple digital channels including the web, mobile app, WhatsApp, and email.

By offering customers access to a digital expert capable of analysing their situation and resolving their issues in one touch, retailers can significantly lower the volume of calls that end up being handled by human agents.

The calls that do get handled by human agents are those where the servicing rules are not clear or where a customer requires emotional reassurance from an empathetic person.

The rest get resolved by virtual agents that can handle huge volumes, 24/7/365.

As more sales get processed online, customers will expect more of their service queries to be resolved the same way.

Fortunately, with virtual agents, this is now possible. And as a result, retailers can now look to offer frictionless sales and service experiences, via multiple digital channels.

Ryan Falkenberg is the co-CEO at CLEVVA

BUSINESS REPORT



Source link

Tags: BlackdigitalFridayPowersalesshows
ShareTweetShareShare
Previous Post

Five tech trends for small businesses to watch in 2023

Next Post

Washington Capitals Alex Ovechkin scores 800th goal on hat trick

Related Posts

The Queens street meetup was chaos—and can’t happen again

The Queens street meetup was chaos—and can’t happen again

by Index Investing News
April 25, 2026
0

Let’s get something straight right away: What happened at 69th Street and Eliot Avenue last weekend was serious—not a case...

Why Dhaka is watching Bengal elections closely

Why Dhaka is watching Bengal elections closely

by Index Investing News
April 21, 2026
0

On April 23 and 29, West Bengal will head to the hustings, to elect a new state assembly. This is...

What one needs to build a tech unicorn: A dream, some employees and lots of AI hype

What one needs to build a tech unicorn: A dream, some employees and lots of AI hype

by Index Investing News
April 17, 2026
0

Investors’ appetite to back companies created by breakaway former employees of top AI labs is insatiable. Last July, OpenAI’s former...

Existing US Home Sales Plunged In March, Despite Falling Mortgage Rates – FREEDOMBUNKER

Existing US Home Sales Plunged In March, Despite Falling Mortgage Rates – FREEDOMBUNKER

by Index Investing News
April 13, 2026
0

Affordability-aiding lower mortgage rates battled a sentiment-sapping surge in geopolitical panic in March, with analysts expecting the latter to outweigh...

What the GOP can learn from listening to voters instead of consultants –
Las Vegas Sun News

What the GOP can learn from listening to voters instead of consultants – Las Vegas Sun News

by Index Investing News
April 9, 2026
0

Thursday, April 9, 2026 | 2 a.m. For the political class, the arrival of the primary season is like opening...

Next Post
Washington Capitals Alex Ovechkin scores 800th goal on hat trick

Washington Capitals Alex Ovechkin scores 800th goal on hat trick

(12/14) Wednesday’s Pre-Market Stock Movers & News : stocks

(12/14) Wednesday's Pre-Market Stock Movers & News : stocks

RECOMMENDED

Opinion | What Is the Worst Model of a Second Trump Administration?

Opinion | What Is the Worst Model of a Second Trump Administration?

November 8, 2024
Ten killed in air strikes on capital of Ethiopia’s Tigray region

Ten killed in air strikes on capital of Ethiopia’s Tigray region

September 14, 2022
The Cast, New Release Date & More Updates – Hollywood Life

The Cast, New Release Date & More Updates – Hollywood Life

July 21, 2023
Harry Norman, Realtors® Represents “House of the Season”

Harry Norman, Realtors® Represents “House of the Season”

July 24, 2022
Sensible — not harsh — policing is the important thing to a protected and orderly metropolis

Sensible — not harsh — policing is the important thing to a protected and orderly metropolis

January 6, 2025
Canadian union Unifor says Ford offers wage increases of 10% for first year By Reuters

Canadian union Unifor says Ford offers wage increases of 10% for first year By Reuters

September 23, 2023
UAE’s Free Zone Regulator Outlines Its Five ‘Guiding Principles’

UAE’s Free Zone Regulator Outlines Its Five ‘Guiding Principles’

September 14, 2022
Cuba guarantees food rations in bid to defuse tension after protests By Reuters

Cuba guarantees food rations in bid to defuse tension after protests By Reuters

April 4, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In