September 8, 2023

FloatChat: The Rise of Agent Assist Chatbots in Customer Service  

Introduction

In recent years, there has been a major shift in customer service as more and more brands adopt chatbots to engage with customers. Specifically, AI-powered chatbots called agent assist bots have become critical tools for brands to provide 24/7 support and scale operations. In this article, we'll explore what makes agent assist chatbots so valuable and how they are transforming customer service.

What are Agent Assist Chatbots?

Agent assist chatbots are a type of conversational AI specifically designed to serve as virtual agents that handle simple, repetitive customer requests while allowing human agents to focus on more complex issues. They are powered by artificial intelligence capabilities like:

  • Natural language processing to comprehend free-form questions
  • Machine learning to continually improve responses based on experience
  • Contextual awareness to reference customers' history and prior messages
  • Integration with backend systems to access account details
  • Seamless handoff to human agents when requests exceed the chatbot's capabilities

With these AI features, agent assist bots can deliver swift, personalized support around the clock.

Key Benefits Driving Adoption

There are several key benefits leading brands across industries to adopt agent assist bots:

24/7 availability

Chatbots enable brands to offer customer support at all hours since they don't require human labor breaks. Customers get assistance anytime.

Faster resolution

For common inquiries like checking an order status or accessing account details, chatbots provide instant responses rather than making customers wait for the next available agent.

Improved efficiency

Automating routine tasks like billing questions, address changes, and password resets frees up human agents to handle more complex issues that require strategic thinking.

Scalability

Chatbot conversations can scale easily to manage higher inquiry volumes during peak periods, eliminating excessive hold times.

Enhanced data collection

Conversation logs provide valuable insights into FAQs, pain points, and topics needing new content to continuously improve the knowledge base.

Cost savings

Reducing simple call volume lowers labor costs. According to Oracle, chatbots lead to an average of $1.30 in cost savings per customer interaction.

Top Use Cases

While chatbots deliver value across service scenarios, some key uses cases where brands see the greatest impact include:

Account Management

Chatbots excel at fielding repetitive billing, payment, and account access questions to offload these from human reps.

Order Status Requests

Customers want real-time updates on order status. Chatbots provide 24/7 access to statuses, expected delivery dates, and tracking.

Lead Generation

Chatbots qualify and engage promising new prospects by answering common questions and routing hot leads to sales teams.

Appointment Scheduling

Customers can easily book, reschedule, or cancel appointments via chatbot without waiting on hold or exchanging emails.

Troubleshooting & How-To’s

For common tech issues, chatbots guide users through solutions before escalating more complex problems to technicians.

Self-Service Recommendations

Chatbots make personalized recommendations on products, services, and content most relevant to each customer's needs and interests.

Best Practices for Implementation

To maximize value, brands should follow these best practices when launching agent assist bots:

Start small - Begin with a limited use case before expanding the chatbot's capabilities to additional channels and topics.

Set expectations - Be transparent when customers are interacting with a bot vs human and set clear expectations regarding its abilities.

Monitor performance - Continuously analyze chatbot data like escalation rate, resolution rate, conversation logs, and customer satisfaction.

Allow human feedback - Have agents identify areas for improving the chatbot's knowledge base based on the types of inquiries it fails to resolve.

Expand knowledge base - Leverage conversational data and human input to continually add new troubleshooting guides, FAQs and flows.

Maintain hybrid model - Keep human agents in the mix to handle complex issues the chatbot can't resolve. Find the optimal balance.

Integrate across channels - Deploy chatbots across your website, mobile app, messaging apps, and contact center for omnichannel consistency.

The Future of Chatbots

Looking ahead, agent assist chatbots will continue advancing and playing an integral role in customer experience:

  • More human-like conversations powered by generative AI
  • Seamless hand-off between chatbots and live agents
  • Proactive engagements initiated by chatbots based on customer data
  • Chatbots will mirror more capabilities of human agents by accessing the same knowledge bases and tools
  • Expanding ability to independently resolve customer issues without human assistance
  • Omnichannel deployment across web, mobile, messaging, call centers and more

Conclusion

It's clear that AI-powered, agent assist chatbots are quickly becoming a pivotal investment for customer service teams across sectors. By automating simple, repetitive inquiries in a personalized way around the clock, chatbots allow human agents to focus on delivering empathetic service for complex issues. This leads to enhanced operational efficiency, lower costs, and improved customer satisfaction. When thoughtfully implemented following best practices, chatbots enable brands to drive value across the organization. The technology will only continue maturing in the years ahead, making agent assist chatbots essential for staying competitive by meeting rising customer expectations for swift, omnichannel support.