'U.S. brands are losing approximately $41 billion each year due to poor customer service,' this was concluded in a NewVoiceMedia study that was released in 2014. As shocking as that statistic might seem, we've all been on the receiving end of poor customer service, and understand how it impacts the way we view a company. In the ever-connected social media world, people rarely keep their customer service experiences to themselves, thereby compounding the negative effect of poor customer service even more.
While there are many ways to improve customer service, retailers' budgets are tight. So considering using existing loss prevention solutions, such as video monitoring technology could be an economical option to enhance customer service.
Here are three clever ways companies can leverage their physical security investments to reduce losses associated with poor customer service:
With $41 Billion a year on the line, it's worth looking at other options that retailers rely on to avoid these losses. While there are numerous tactics to improve customer service, considering existing investments in loss prevention technology could help ease the challenges.
This article originally appeared on Genetec.
Video monitoring solutions offer benefits beyond improving security.
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