Cost Center or Profit Center? What B2B Support Truly Means to Your Business
Do you approach B2B customer support as a necessary expense (cost) or part of a greater revenue- generating team (profit)?
As published in business.com, June 2, 2020
There are two types of viewpoints when it comes to B2B (business-to-business) customer support. The first approaches B2B customer support as a cost center, or a necessary expense for running a business. After all, having a support team is required for your product, and it’s just something you need to have.
The second thinks B2B customer support is a profit center. Support may be part of a successful business, but that is because they are a part of a greater revenue- generating team. Their interactions with customers are not merely a process that needs to happen, instead they view their conversations as potential opportunities to drive revenue, strengthen customer relationships and reduce churn.
How do you know which approach your business takes? And if it’s as a profit center, whether your support team is operating as such on all of its channels? Let us evaluate the key support channels with examples on how a cost center and a profit center approach them.
Cost center:A B2B support team is only doing their job well when a ticket queue is empty. When a ticket comes in, it needs a response ASAP, even if the full context or resources to answer the ticket are unavailable. We simply need to get the ticket closed and move on to the next. And we certainly can’t spend any time following up with the customer to make sure the resolution is satisfactory. We’ll just deal with them if they submit a new ticket. After all, leadership cares mainly about how many tickets we closed today, not how many problems we solved.
Profit center: Tickets in the B2B industry are important touchpoints in customer relationships. If a customer is submitting a ticket via email or form, their issue may be complex and likely require a visual component. Assign the ticket to an agent who is familiar with that account and let them suggest the right course of action. That agent will stick with the customer until the issue is resolved. And in the course of the dialogue, may uncover an opportunity to upgrade their account—an upselling opportunity—and that can only be determined by taking time to find out what the real problem is…and fix it!
Cost center:We need to keep wait time down, so we get customers off the phone as fast as we can. Have agents suggest a few common solutions, and if none work, tell the customer to submit a ticket and move on. After all, the lower the call time, the more calls each agent can take per hour, and we can lower our staffing cost. It’s all about saving money, right?
Profit center: Helping a customer over the phone has many benefits. Not only can you get to know them far better than email or chat, but you can pick up on subtle audio cues and take action. If a customer has an issue that does not seem like a big deal in writing, but they have an urgent tone in their voice, you can dig deeper in figuring out the total scope of the issue, solve it immediately and completely.
And all of that extra effort and time will go a long way in ensuring they stay a customer. We’ve all heard the saying, “do it right the first time.” Getting the problems solved in one conversation, even if it takes a bit more time, means that the customer won’t have to call back in, mitigating frustration and enhancing satisfaction.
Cost center: We provide live chat because a lot of our customers requested it, but it’s not a channel we focus on. Most of the questions are simple, like asking for a phone number or order update, and we get to those when we can. Chat is not a priority because it’s not a channel for solving “real” problems like we get through email and phone. We do not feature it as a key part of our support solution.
Profit center: Live chat may not be a channel for complex issues, but it’s often the first channel a customer interacts with when they are new to your business. We have a chat button on every key support page of our site to ensure customers know how to contact us right away for answers, even if our response is only “we do not know, but we will look into it and follow up as soon as possible.” The ability to conveniently contact support when something goes wrong, especially via chat, is an essential part of reducing customer churn and increasing customer satisfaction.
Cost center: There is no way we are going to offer support outside of normal business hours, but we sure are getting tired of coming back every morning to a huge ticket queue and a lot of voicemails. So, we are going to take some of the scripted templates we have for responding to tickets and throw them online for our customers to find. This way when we are not around, our most ambitious customers can fumble through the documents and try to solve their own problems. We’ll get lucky if a few of those don’t end up submitting a ticket.
Profit center: Self-service is a great channel for letting customers educate themselves on not only how to solve a problem, but also about your entire business. Sure, it can reduce ticket and phone volume which helps save money, but often self-service is considered a last resort or a supplementary resource for customers. Agents who utilize B2B customer support software that allows for self-service content to be quickly inserted into ticket or chat conversations can solve problems and increase self-service awareness at the same time.
Cost center: Solving a customer problem via screen share or video chat is just too much work. There are so many variables involved, and I am sure it is not cheap. And some of our agent workstations are kind of a mess, so we would have to clean things up to be more visually appealing. What if we run into technical issues trying to connect to customers? We do not have time for that. By the time one screen share or video chat happens, we could have closed a half dozen tickets.
Profit center: Especially in this decade where working and providing support remotely has become commonplace, we recognize that the benefits of visual support far outweigh any negatives. Leading B2B customer support software solutions provide visual support options with no additional cost, and this technology can turn complex email chains into 15-minute screen share conversations. The time savings of properly leveraging visual support is huge, so much so that some customers view it as an essential support featureand do not want to be supported in any other way once they see the power of these tactics.
Viewing customer support as a profit center and not a cost center can have a major impact on the success of your support operations, enhance customer relationships, and, yes, drive profits to the bottom line through reduced churn, upselling, and the value proposition for new clients.
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