Today’s consumers are said to be more demanding than ever, expecting quick responses and resolutions, making effective, customized, and real-time communications a quintessential part of a customer’s buying journey.
As a result, it’s believed that most businesses are now using Communications Platform as a Service or CPaaS solutions to meet and keep up with changing customer expectations and demands.
CPaaS refers to cloud solutions that allow businesses to add real-time communication functions like messaging, video, and voice features to their own business applications. With CPaaS, a business can fully customize its communication stack. So, rather than buying a complete solution with pre-defined functions, you can cherry-pick specific communication channels and features and embedding them into your existing software.
This solution is attractive to growing companies who are already using a cloud-based technology infrastructure and wish to customize their communication channels.
So, how does it work? At its core, CPaaS functions with communication Application Programming Interfaces or APIs. APIs are a set of functions that act as the middleman between two endpoints such as software apps or devices. It allows these endpoints to interact with each other effectively.
In order to use CPaaS, you need to find reliable CPaaS providers and developers with experience in developing custom API-enabled apps. They should help you fulfill your cloud communication needs by providing code samples, extensive product documentation, example use cases, Software Development Kits (SDKs), code libraries for mobile and desktop platforms, and customer support.
8 Undeniable Benefits of CPaaS
Are you looking to integrate CPaaS solutions into your current customer interaction model? Here is a list of some of the benefits of using CpaaS in your business processes:
1. Boosts Online Sales
Online selling requires retailers to engage with customers in various ways to manage inquiries, process orders, promote or market goods, and handling returns.
CPaaS can support online sales by not only keeping consumers updated on the latest products, promotions, and deals via email and text but also customizing messages based on the sales engagement and activity of a customer.
2. Improves Customer Experience
CPaaS allows businesses to reduce fragmentation on the whole customer journey by combining voice, video, and text functionality with their existing communication processes. This allows for the deeper integration of communication capabilities ranging from chatbots and interactive voice response systems in contact centers to customer-facing apps that’ll enable solutions such as click-to-call.
Other companies use CPaaS solutions to integrate self-service strategies into their apps and reduce the strain on agents while providing freedom to customers in choosing their own path to resolving their issues.
CPaaS continues to allow businesses to respond and accommodate the needs of their target audience with solutions and services they want most. Whether simply embedding new functionalities to the existing communication stack or implementing an omnichannel contact center, you can access the full breadth of communication possibilities with CPaaS.
3. Drives Customer Loyalty
It’s no secret that satisfied and happy customers, thanks to enhanced and customized communications, will be more loyal to a certain company. This increases the chance of repeat purchases from your business since they loved your services before. Also, loyal customers are your best endorsers or marketers as they share their experiences with family and friends.
Thus, the communication customization that CPaaS offers not only helps in improving your relationship with customers but also benefits your business in reaching more people. Implementing CPaaS can help create personalized communications with customers to help in building trust and in engaging new audiences towards your business.
4. Enhances Security
Security is another important benefit of implementing CPaaS, particularly with banking and healthcare organizations.
A CPaaS solution can provide an extra layer of security to your business’s communications. Adding phone number verification, implementing two-factor authentication (2FA), and sending real-time fraud alerts are just some of the ways CPaaS can help your business in minimizing risk as well as improving customer’s trust and perception.
This security can also be extended to your employees since the system can monitor your agents’ activities as well. While CPaaS alone might not be enough to protect you against a possible attack, it can be used together with other security tools in order to improve your business’s overall security.
5. Cost Savings
Cost savings have always been one of the great benefits of cloud-based solutions. And with CPaaS being a cloud-based solution, businesses don’t have to spend large amounts of money on setting up their own infrastructure and scaling systems when needed.
In addition, since CPaaS solutions are said to be highly customizable, businesses only need to pay for the features they use. Also, most CPaaS providers offer applications and packages in a pay-as-you-go format, meaning you only pay for what you use. As a result, businesses can benefit from all new technological additions for their communication strategy without the risk of overspending.
6. Aids In Tracking and Analytics
As a cloud platform encompassing a range of services, CPaaS allows you to track a customer’s experience and sales journey across different channels. This can help you gain insight into your patrons including their buying patterns, preferences, and more. With this in-depth knowledge, you can offer a more customized service to your customers that they’ll surely appreciate and ditching strategies that aren’t working for their benefit.
7. Brings Competitive Edge
Offering customized communication services to your customer can help in setting your business apart from your competitors. Regardless of what market or niche you fall into, you’ll always have competitors offering the same services and products as you do.
As a business, you need a unique parameter that can differentiate you from the crowd to make you a better provider. Implementing CPaaS and providing customized solutions to customers can help you gain a competitive edge. Your customer-centric communication can prove that your business has an advantage over other businesses.
8. Future-Proofs Your Business
CPaaS can also ensure that your business stays ahead of the curve with technological innovation. Since innovation continues to occur at a rapid rate, customers demand convenience more than ever. Keeping pace with the expectations means that you’re evolving and adjusting quickly.
This helps in future-proofing your business since it ensures greater scalability and reducing the time to implement newer technology. Businesses using CPaaS can evolve their communication channels consistently to suit the needs of their growing customer base with ease.
CPaaS is a truly powerful solution that’s revolutionizing business communications. It can provide you with exceptional connectivity within your business while also leveling up your customer’s experience. Check out your company’s options with a reliable and reputable CPaaS provider today to see if it fits your current business needs and goals.