{"id":17802,"date":"2021-04-20T08:30:23","date_gmt":"2021-04-20T07:30:23","guid":{"rendered":"\/gb\/en\/blog\/?p=17802"},"modified":"2021-04-16T09:53:24","modified_gmt":"2021-04-16T08:53:24","slug":"traps-avoid-manage-call-centre-costs","status":"publish","type":"post","link":"\/gb\/en\/blog\/traps-avoid-manage-call-centre-costs\/","title":{"rendered":"Traps to Avoid To Manage Your Call Centre Costs"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">I remember a conversation I had with one of my business mentors when I was starting out on my own with my first business. \u201cRevenue is great, but the thing that you always need to be aware of are your costs,\u201d he told me. \u201cAnd keep in mind it&#8217;s not the big-ticket items that will sink you as those will be few; it&#8217;s the small expenses that can do you in. Don&#8217;t fall into that trap.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It was great advice and something I&#8217;ve tried to keep in mind over the last 15 years of owning my own business. He was correct. What are seemingly small costs can add up quickly, erode profitability, and put a strain on the business.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The same principle applies to the <a href=\"https:\/\/www.ringcentral.com\/gb\/en\/contact-centre\/overview.html\">contact centre<\/a>. There are certain traps that many have fallen into and before they know it, they are over budget and eating into the corporate margin. Here are a few of the most common traps that call centre managers can plummet into and how they can avoid them to ensure they are properly managing costs.<\/span><\/p>\n<h2><b>Chasing the shiny object<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">I&#8217;ve spent the majority of my career in the B2B marketing space and have worked with companies of all sizes. One of the things I have seen over the last decade is many marketers making a mad dash to technology. I understand that it&#8217;s hard to resist. For years, marketers had no true technological foundation but the reality is that technology with no strategy isn&#8217;t a solution; it&#8217;s simply technology.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Before you make investments in AI, unified communications and moving your contact centre to the cloud, be sure you have a defined strategy. Then determine the technology you&#8217;ll need to enable that strategy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As part of this process,\u00a0 you should define your technology roadmap that aligns to an innovative and always optimised strategy. Managing this will ensure you get the most from your technology investments (<\/span><a href=\"https:\/\/www.ey.com\/en_gl\/strategy\/will-your-digital-investment-strategy-go-from-virtual-to-reality\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">which only 15% of executives say they have<\/span><\/a><span style=\"font-weight: 400;\">) and allow you to better manage your costs.<\/span><\/p>\n\t\t<style>\r\n\t\t\t@media (min-width: 768px) {\r\n\t\t\t\t.bottom-cta .bottom-cta-img {\r\n\t\t\t\t\tfloat: left;\r\n\t\t\t\t\twidth: 50%;\r\n\t\t\t\t}\r\n\t\t\t}\r\n\r\n\t\t\t.bottom-cta .bottom-cta-img img {\r\n\t\t\t\twidth: 100%;\r\n\t\t\t}\r\n\r\n\t\t\t.bottom-cta {\r\n\t\t\t\tbackground: #001138;\r\n\t\t\t\tpadding: 30px;\r\n\t\t\t}\r\n\r\n\t\t\t.bottom-cta .bottom-cta-copy {\r\n\t\t\t\tpadding: 0 30px;\r\n\t\t\t\toverflow: hidden;\r\n\t\t\t\tcolor: #fff;\r\n\t\t\t}\r\n\r\n\t\t\t.bottom-cta .bottom-cta-copy .btn-primary {\r\n\t\t\t\twidth: 100%;\r\n\t\t\t}\r\n\t\t<\/style>\r\n\t\t<div class=\"bottom-cta  CID-cta-2FdM5dTp IID-cta-6a0917968f497\"\r\n\t\t\tdata-dl-custom-type=\"cta\">\r\n\t\t\t<div class=\"bottom-cta-img\">\r\n\t\t\t\t<img decoding=\"async\" src=\"\/gb\/en\/blog\/wp-content\/uploads\/2021\/03\/customer-service-representative-wearing-headset-in-the-office-scaled.jpg\" alt=\"Call to action banner\">\r\n\t\t\t<\/div>\r\n\t\t\t<div class=\"bottom-cta-copy\">\r\n\t\t\t\t<span style=\"font-size: 24px; line-height: 30px;\">Make the right choice for your contact centre \u2013 see how RingCentral can transform your agent and <a href=\"\/gb\/en\/blog\/definitive-guide-customer-experience\/\">customer experience<\/a>.<\/span>\r\n\t\t\t\t<span class=\"text-center\" style=\"display: block;\">\r\n\t\t\t\t<a class=\"rc-cta-shortcode btn btn-primary btn-lg\" data-dl-element=\"button\"\r\n\t\t\t\t\tclass=\"btn btn-primary btn-lg\" style=\"margin-top: 16px; font-weight: bold;\"\r\n\t\t\t\t\ttitle=\"Discover RingCentral Contact Centre\" href=\"https:\/\/www.ringcentral.com\/gb\/en\/for\/uc-cc.html\" target=\"_blank\"\r\n\t\t\t\t\trel=\"noopener noreferrer\" data-dl-additional-info=\"Make the right choice for your contact centre \u2013 see how RingCentral can transform your agent and customer experience.\"\r\n\t\t\t\t\tdata-dl-name=\"Make the right choice for your contact centre \u2013 see how RingCentral can transform your agent and customer experience. | Find out more\">Find out more<\/a>\r\n\t\t\t<\/span>\r\n\t\t\t<\/div>\r\n\t\t\t<div class=\"clearfix\"><\/div>\r\n\t\t<\/div>\r\n\t\t\n<h2><b>Cutting corners on customer experience<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">I once spoke with a corporate executive who wanted to improve the customer experience. He knew the value it would bring to his organisation, that his customers had high expectations and he knew it would help improve their overall net promoter score (NPS). However, he was reluctant to invest in what was needed.\u00a0 He asked me if maybe they could do something like a \u201ccustomer experience lite?\u201d I replied telling him that was equivalent to being half pregnant.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It&#8217;s important to understand that customer experience is an all-or-nothing proposition. In fact, if you look to cut corners in this area, the harm it will do to building trust with your customer base will most likely outweigh the benefits.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The contact centre plays a crucial role in the delivery of CX so it is necessary that organisations make the right investments for them to deliver.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you want to drive up costs in the form of losing customers, not enabling your agents to deliver CX is a sure-fire way to get that done.\u00a0<\/span><\/p>\n<h2><b>Lack of employee engagement<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">This last one may not be what you would think of in terms of reducing your operational costs in the contact centre but it certainly should be. Research varies on the typical annual attrition of contact centre agents but estimates range in the 30-45% range.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thinking about the costs to onboard and train a new agent, the cost of recruiting, and the additional burden that one agent leaving puts on the others; <\/span><a href=\"https:\/\/sharpencx.com\/blog\/what-is-the-cost-of-employee-turnover\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">it is estimated that the cost to fill an agent\u2019s role is somewhere between $10,000 &#8211; $20,000 US<\/span><\/a>.<\/p>\n<p><span style=\"font-weight: 400;\">It is often said that employees do not leave jobs; they leave bosses and poor culture. It is this reason why employee engagement is an investment that needs to be made in order to control costs for the simple fact that more engaged employees <\/span><a href=\"https:\/\/www.cultureamp.com\/blog\/engage-employees-to-increase-retention\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">are 87% less likely to leave their jobs<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Customers will continue to be more demanding and complex, therefore customer experience is rapidly moving to the centre of most organisational strategies. These two market forces will continue to put the role of the contact centre in a pivotal position to meet those demands and deliver on the promise of experience. Making the right investments can help control costs and help you avoid the trap of overspending and under-delivering.\u00a0<\/span><\/p>\n\t\t<div class=\"uc-expo-cta-2 style-4  CID-cta-2FdM5dTp\"\r\n\t\t\tdata-dl-custom-type=\"ctaButton\">\r\n\t\t\t<div class=\"inner-container\">\r\n\t\t\t\t<div class=\"text\">\r\n\t\t\t\t\t<span>Better customer service starts here: give your agents the all-in-one contact centre platform they need.<\/span>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t<div class=\"button\">\r\n\t\t\t\t\t<span class=\"\">\r\n\t\t\t\t\t\t<a class=\"rc-cta-shortcode btn btn-primary btn-lg\" data-dl-element=\"button\"\r\n\t\t\t\t\t\t\tclass=\"btn btn-primary btn-lg\" href=\"https:\/\/www.ringcentral.com\/gb\/en\/for\/uc-cc.html\"\r\n\t\t\t\t\t\t\tdata-dl-additional-info=\"Better customer service starts here: give your agents the all-in-one contact centre platform they need.\"\r\n\t\t\t\t\t\t\tdata-dl-name=\"Better customer service starts here: give your agents the all-in-one contact centre platform they need. | Find out more\" target=\"_blank\"\r\n\t\t\t\t\t\t\trel=\"noopener\" title=\"Discover RingCentral Contact Centre\">Find out more<\/a>\r\n\t\t\t\t\t<\/span>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t<div class=\"clearfix\"><\/div>\r\n\t\t\t<\/div>\r\n\t\t<\/div>\r\n\t\t\n","protected":false},"excerpt":{"rendered":"<p>I remember a conversation I had with one of my business mentors when I was starting out on my own with my first business. \u201cRevenue is great, but the thing &hellip; <a href=\"\/gb\/en\/blog\/traps-avoid-manage-call-centre-costs\/\" class=\"more-link\">Read more<span class=\"screen-reader-text\"> &#8220;Traps to Avoid To Manage Your Call Centre Costs&#8221;<\/span><\/a><\/p>\n","protected":false},"author":80,"featured_media":17804,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,15],"tags":[24,157,178,179],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Traps to Avoid To Manage Your Call Centre Costs | RingCentral UK Blog<\/title>\n<meta name=\"description\" content=\"Avoid these common traps that contact centre managers can fall into, here&#039;s how to make sure you&#039;re properly managing costs.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ringcentral.com\/gb\/en\/blog\/traps-avoid-manage-call-centre-costs\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Carlos Hidalgo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Traps to Avoid To Manage Your Call Centre Costs | RingCentral UK Blog","description":"Avoid these common traps that contact centre managers can fall into, here's how to make sure you're properly managing costs.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ringcentral.com\/gb\/en\/blog\/traps-avoid-manage-call-centre-costs\/","twitter_misc":{"Written by":"Carlos Hidalgo","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ringcentral.com\/gb\/en\/blog\/traps-avoid-manage-call-centre-costs\/#article","isPartOf":{"@id":"https:\/\/www.ringcentral.com\/gb\/en\/blog\/traps-avoid-manage-call-centre-costs\/"},"author":{"name":"Carlos Hidalgo","@id":"\/gb\/en\/blog\/#\/schema\/person\/13a40a87ed33436ac05ba1963642a7ee"},"headline":"Traps to Avoid To Manage Your Call Centre Costs","datePublished":"2021-04-20T07:30:23+00:00","dateModified":"2021-04-16T08:53:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ringcentral.com\/gb\/en\/blog\/traps-avoid-manage-call-centre-costs\/"},"wordCount":846,"commentCount":0,"publisher":{"@id":"\/gb\/en\/blog\/#organization"},"keywords":["contact centre","customer experience","employee experience","technology"],"articleSection":["Business Trends - 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Over the span of the last two plus decades, Hidalgo has held corporate roles, started his own entrepreneurial ventures and served in non-profits. In addition to his various roles and business pursuits, Hidalgo is the author of two books Driving Demand, one of the Top 5 Marketing Books of all time according to Book Authority which was published in 2015 and The UnAmerican Dream which was published in 2019.","sameAs":["https:\/\/www.instagram.com\/cahidalgo_","https:\/\/www.linkedin.com\/in\/carlos-hidalgo-4a805a1\/","https:\/\/twitter.com\/https:\/\/twitter.com\/cahidalgo"],"url":"\/gb\/en\/blog\/author\/carlos-hidalgo\/"}]}},"_links":{"self":[{"href":"\/gb\/en\/blog\/wp-json\/wp\/v2\/posts\/17802"}],"collection":[{"href":"\/gb\/en\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"\/gb\/en\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"\/gb\/en\/blog\/wp-json\/wp\/v2\/users\/80"}],"replies":[{"embeddable":true,"href":"\/gb\/en\/blog\/wp-json\/wp\/v2\/comments?post=17802"}],"version-history":[{"count":0,"href":"\/gb\/en\/blog\/wp-json\/wp\/v2\/posts\/17802\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"\/gb\/en\/blog\/wp-json\/wp\/v2\/media\/17804"}],"wp:attachment":[{"href":"\/gb\/en\/blog\/wp-json\/wp\/v2\/media?parent=17802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"\/gb\/en\/blog\/wp-json\/wp\/v2\/categories?post=17802"},{"taxonomy":"post_tag","embeddable":true,"href":"\/gb\/en\/blog\/wp-json\/wp\/v2\/tags?post=17802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}