Benefits Of IVR and How It Can Help You Build A Brand

Fonada
Cloud Telephony Solutions
8 min readSep 28, 2022
What is IVR, Benefits of IVR

In today’s competitive market, running a company is not easy. Business owners must manage a million responsibilities while maximizing their resources.

How a startup manages, internal and external communication may make or break it. Organizations require flexible, cost-effective, and easy communication structures. It is why most companies are using Interactive Voice Response solutions.

Businesses need a robust phone system, not as an asset. 60% of customers prefer calling small businesses. If your company goes all out to provide excellent and smooth customer service, it will gain a competitive edge.

IVR can help all types of businesses, irrespective of industry or size. If you buy IVR for business calls, it will manage incoming and outgoing calls efficiently. IVR streamlines routine communication tasks, enhances efficiency, and meets rising customer expectations.

What is IVR?

IVR is an automated method for callers to engage with a computerized system. In the past, interactive voice systems enabled only manual phone calls and numeric keypad responses.

With AI, the current generation of IVR for companies includes voice recognition, machine learning, and caller analytics.

IVR systems map agents’ landline or mobile numbers. Customers can dial a number from a drop-down menu for instant service. Pre-recorded messages may play on your IVR.

Automatic call routing eliminates the need for a receptionist or call operator. Your employees won’t have to spend long hours at their workstations, and your customers will get round-the-clock service without long waits.

IVR can boost your business’s profitability. It decreases customer support team workload, customizes service, and boosts brand reputation. IVR is a one-time investment for businesses that positively impact revenue.

IVR enables clients to serve themselves using automated technology and is more effective than a traditional wired phone system.

Why do startups need IVR?

You’re a startup with limited resources and staff, which makes you vulnerable and forces you to prioritize your budget towards essentials. Starting a business with the correct investment determines its long-term success.

If your startup has recently entered the market, you may wish to employ IVR to build a professional image and enable quick customer communication. Interactive Voice Response lowers expenses and human resources.

Customers will be happier with the assistance and services provided by your company. IVR also includes hosting these services in the cloud, removing the need for extensive infrastructure and startup expansion plans.

Benefits of integrating IVR service with your contact center operations-

Automatic customer service

With an IVR, a receptionist won’t have to transfer calls to extensions manually. The automated system sends calls to the correct departments, avoiding routing mistakes.

Callers may get account information via the IVR and choose to talk to an agent when necessary.

It helps optimize lead conversion

A cloud-based IVR is for customer service but may also enhance your telemarketing activities. While automating customer connections, the technology simplifies pre-qualifying interest and lead conversion.

IVR can question new product or service launches. According to their responses, you can send interested qualifying prospects to the sales team to close the deal.

It offers a holistic customer view

Marketing may use cloud-based IVR to learn about prospects and customers. IVRs quickly reveal callers’ likes, interests, and demographics via polls, surveys, and marketing campaigns.

Based on consumer responses, marketers may run post-campaign analysis to see which audiences reacted positively and if they need to change the marketing messages to attract more brand patrons.

Improves business relationships

Custom IVR menus and prompts may boost customer engagement. Your cloud-based IVR maps business approaches to the buyer journey and delivers a unique brand experience.

Creating lively welcome messages, simplifying phone tree updates, and real-time A/B testing may help. When the IVR experience of customers is consistent with their experiences with the brand at other touchpoints, it is simple to optimize business relations.

Call data analysis

The cloud-based IVR tracks call easily. A real-time dashboard shows caller numbers, times, and questions. You may also listen to recorded calls of agents interacting with consumers and resolving concerns. Call data analysis improves customer service.

Improves agents’ performance

IVR technology improves employee efficiency and customer service. Agents can serve callers quickly and efficiently when they contact qualified resources. Agents are more confident and perform better when their work matches their skills.

Enables the company to receive calls after business hours

When your IVR answers a call, you’ll never leave customers in the dark, no matter when they call. They may obtain self-help answers or a static message with the next best time to call. A cloud-based IVR system may route calls to a different number where the caller may speak with someone.

Cuts customer service expenses

Your IVR becomes a multi-skilled customer service resource, saving you money on staff. Evaluating a call’s purpose based on inputs may offer the necessary information or direct customers to an agent. The bottom line improves with lower costs as employees focus on real issues and qualified prospects.

Easy to deploy and manage

You may use Cloud-based IVR solutions with various business telecom systems without specialized hardware. You may use IVR with PRI lines, toll-free business numbers, or SIP trunk. Anyone in healthcare, manufacturing, BFSI, or ITES may use cloud-based IVR.

Why investing in IVR is a smart move for startups

Creating a professional image

A startup needs a professional image. Not answering calls immediately and customers being unable to contact your business may be unprofessional.

Your business is accessible 24/7 and shows that you care about your customers and are professional. People want distinctive or trustworthy companies.

Having an IVR system shows that your startup cares about its consumers and has dedicated employees and departments to meet their needs.

Enhanced customer experience

Startups shouldn’t compromise the customer experience. Any business, large or small, should prioritize the customer experience. As new companies open every day, customers often change brands after a single bad experience. Customers often quit a brand because of poor customer service or slow service.

IVR helps consumers reach their goals. You can use it to perform customer satisfaction surveys, and IVR may perform phone surveys to enhance customer interactions. Especially for a startup, consumer input is vital to improving customer service.

No time constraints

A startup in its early stages wouldn’t want to lose out on business opportunities due to unavailability. Most businesses operate 24/7, yet even then, they lose the connection, or attendants are unavailable. In the absence of an attendant, an IVR system leaves a message and records caller information for a call-back. An IVR system prevents lost business during offline hours.

IVR transfers calls to agents after office hours or informs customers about business hours. You may also use it to assure customers you’ll respond quickly.

Parameter-based routing

Startups don’t have many departments, but they have experts. Parameter-based routing routes calls to the best-suited agents. These parameters include caller location, time, and new or repeat customers.

IVR segregates customers and routes them to the right person. This parameter-based routing maximizes your budget and workforce.

Acts like a receptionist you don’t have

Startups don’t necessarily have the means to hire a receptionist or elaborate staff. IVR replaces a receptionist by routing clients to their chosen location and presenting your brand. It greets customers based on a custom message, time of day, or occasion.

IVR is superior to a human receptionist since it is available 24/7. IVR reduces the requirement for a large workforce at the start of a business.

Marketing and public relations

A startup requires a decent marketing and PR strategy to boost its market visibility and value.

IVR systems enhance your startup’s public image by registering a brand name in callers’ minds. IVR helps promote and raise brand awareness. It plays promotional welcome messages, conducts surveys and polls, and broadcasts product and promotional updates.

Customized conversations

As a startup, you want loyal customers. Customize your conversations to retain repeat consumers who promote your business. It shows the consumer you care about them and understand what they want.

Customization also involves offering customers different language options.

How to use IVR for the branding of your startup

A startup’s early infrastructure, including an IVR system, is expensive. Cloud-hosted services save organizations time and money despite limited budgets. Using a hosted IVR enables you to access IVR over the cloud.

Using such a provider reduces the requirement for capital investment while maintaining service quality and performance. The provider offers 24x7 support, so downtime is never an issue. Cloud-based IVR enables easy upsizing and downsizing.

Wrapping Up

IVR solutions offer startups an affordable method to streamline the call process for customers and employees. Voice input lets customers solve issues and get information. Based on your input, the call will automatically move to the most relevant agent or department. Customized welcome presents a professional image of your organization.

Many organizations now use IVRS for marketing. When customers call, it plays a promotional message for your brand. Your company may use this in unique ways. This technology boosts brand exposure, traffic, and sales.

Automated customer service provides a consistent and reliable client experience. IVR increases client satisfaction and makes your business stand out.

FAQs

1. How do I activate IVR service?

You can activate the IVR service by calling your phone company and requesting that they enable it. They will likely ask you for personal information, such as your address and name, and may require you to pay a small activation fee. Once the service gets activated, you can use it immediately.

2. How do you get IVR?

There are many ways to get IVR, but the best way is to find a company that specializes in it and call their toll-free number to get IVR. Thus, you can rest assured that you will get a product that meets your requirements and is of high quality.

3. What is IVR, and how does it work?

IVR enables callers to interact with a computerized system using voice commands. Businesses commonly use IVR systems to automate customer service and support phone calls.

IVR systems play recorded audio messages to callers and prompt them to enter keypad commands to navigate the menu options. The IVR system then routes the caller based on the inputted information.

4. What is IVR in customer service?

IVR is a standard customer care solution that enables consumers to communicate effectively with a company. Customers can use IVR to make choices and retrieve information from a company by pressing buttons on their phone keypad.

IVR systems often route calls to the appropriate department or agent, collect customer information, and provide self-service options such as account balances and payment options.

5. Why do we use IVR?

IVR is a great way to automate customer service and support. It can help you save time and money by handling simple tasks such as taking a customer’s information or routing calls to the correct department. Without the assistance of a human operator, IVR systems communicate with callers, and IVR can save businesses time and money by providing a better caller experience.

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Fonada
Cloud Telephony Solutions

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