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The role of customer service during an economic downturn

Current headlines predict a global recession on almost a daily basis, leaving us to wonder whether and when it will finally arrive – and if it does, how deep the recession will be and how long it will last. It’s unsettling but we’re no strangers to uncertainty. If anything, we’ve learned over the past few years that we should both expect and prepare for change. After all, many things are still in a state of flux.

Rising Support Demand Reduces Revenue

Support demand is rapidly and continuously increasing and few businesses are prepared to address the rising needs of their customers. According to TeamSupport’s State of Support report for 2022, overall support demand is rising at an average rate of 11%. That means your support team is getting more emails, more requests, more everything. Chances are that your support team is already getting hammered by the sheer volume of customer issues, not to mention the potential for complexity.

Drive revenue during an economic downturn

CEOs are getting nervous. According to a quarterly survey of business leaders conducted by the Conference Board, 98% of US-based CEOs say they are preparing for an economic recession over the next 12 to 18 months. European leaders are even more fearful – 99% believe a recession is imminent. “CEOs are now preparing for near-inevitable recessions in both the US and Europe”, Roger W. Ferguson, Jr., Vice Chairman of the Business Council and Trustee of the Conference Board said.

How to Improve your Agents' Performance with an Internal Knowledge Base

It’s common for IT support teams to have one subject matter expert, that one agent that can solve any problem without help or setback. But no matter how tempting it might be to solely trust in their expertise, the “knowledge hero” is not the smartest strategy for your team, and you can offset it quite easily by having an internal knowledge base. The tricky part of relying on subject matter experts is that you don’t have a plan B for when they’re unavailable.

7 Advantages of Global Virtual Teams Post COVID

Virtual teams have been around for a while now, and they have finally become the norm in business. They offer several advantages that make them an ideal choice for businesses of all sizes. In this blog, we will highlight the advantages of global virtual teams. We will also discuss how you can use virtual teams to improve your work efficiency, team collaboration, communication, and work-life balance.

How to Create a Customer Service Strategy for the Holidays (+Top 5 Tips)

The holiday season can be stressful for customers and businesses. We at Freshdesk understand the impact of this holiday rush, especially on your customer support team. That’s why we have put together some of the best holiday customer service strategies to prepare you for the holiday shopping window that lasts until the new year.

How to Balance Work Deadlines using Productivity Monitoring Software

Do you know how to balance work deadlines? Do you want to accomplish your projects on time and before deadlines? Have you thought of the process at any time? If no, then here is the answer, you can balance work deadlines using productivity monitoring software. But how? Is it easy to maintain your work-life balance using trendy technologies?

Unify Siloed Systems for a Cohesive Employee Experience | Simpplr

Siloed systems are, by nature, isolated from other departments, resulting in mass miscommunication. Some of the issues that arise include: For example, if your marketing team can’t access your sales information, then they’re only getting part of the picture–and this incomplete data leads to lost time and money. And then, that same marketing team may formulate data differently than the sales team, and that’s where errors occur.

Ultimate Guide for a Successful Strategic Marketing Plan

Having a successful marketing plan is essential for any business. But creating one can be difficult, time-consuming, and expensive. In today’s world, success depends on being able to market your products or services effectively. But how can you achieve this goal if you don’t know where to start? That’s where a successful strategic marketing plan comes in.