Generative AI

Article: The role of customer experience in the formation of customer engagement in the retail banking industry: mediation and moderation analysis Journal: International Journal of Electronic Customer Relationship Management IJECRM 2022 Vol 13 No.4 pp.357 387 Abstract: By applying the theory of engagement to the retail banking industry, the purpose of this study is to: 1 develop the integrated model of customer experience and engagement; 2 examine the mediation effect of customer satisfaction and emotions in the relationships among customer experience, direct contribution and indirect contribution; 3 examine the moderation effect of convenience in the relationships among customer satisfaction, emotions, direct and indirect contribution. Mediation and moderation analysis results confirm that along with satisfaction, emotions and convenience are significant for strengthening the relationship between customer experience and engagement. The study found that at low level of convenience, the effect of customer satisfaction on direct contribution is less positive. Which means more satisfied customers also may contribute less towards firm at low convenience. The study shows the importance of customer experience to customer’s engagement towards the bank that helps the bank formulate appropriate strategies. Managerial implications and further research scope are discussed. Inderscience Publishers linking academia, business and industry through research

The role of Digital in addressing the Consumer Duty AI-powered conversation simulators present a variety of scenarios, helping new employees hone their problem-solving skills and gain confidence for live interactions. Machine learning identifies patterns in contact volumes and handling times, delivering super-accurate forecasts with negligible effort. Find out more about working patterns, training and the …

Article: The role of customer experience in the formation of customer engagement in the retail banking industry: mediation and moderation analysis Journal: International Journal of Electronic Customer Relationship Management IJECRM 2022 Vol 13 No.4 pp.357 387 Abstract: By applying the theory of engagement to the retail banking industry, the purpose of this study is to: 1 develop the integrated model of customer experience and engagement; 2 examine the mediation effect of customer satisfaction and emotions in the relationships among customer experience, direct contribution and indirect contribution; 3 examine the moderation effect of convenience in the relationships among customer satisfaction, emotions, direct and indirect contribution. Mediation and moderation analysis results confirm that along with satisfaction, emotions and convenience are significant for strengthening the relationship between customer experience and engagement. The study found that at low level of convenience, the effect of customer satisfaction on direct contribution is less positive. Which means more satisfied customers also may contribute less towards firm at low convenience. The study shows the importance of customer experience to customer’s engagement towards the bank that helps the bank formulate appropriate strategies. Managerial implications and further research scope are discussed. Inderscience Publishers linking academia, business and industry through research Read More »

Cutting edge applications of natural language processing

COM4513 Natural Language Processing A thesaurus is a reference book containing a classified list of synonyms (and sometimes definitions). N-grams are simple to compute, and can perform well when combined with a stoplist of PoS filter, but is useful for fixed phrases only, and does require modification due to closed-class words. High frequency can also …

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Advantages And Disadvantages of Automating Customer Support

Customer Service Automation Software: Advantages & Examples So, it’s best to provide both and give customers a choice between self-service and a human agent to ensure a great customer experience with your brand. Are you spending most of your days doing repetitive tasks with not much time left to focus on growing your business? Or …

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Restaurant Chatbot, Create Food Ordering Chatbot for Restaurant

How to Create a Chatbot for Restaurant: Comprehensive Guide They can make their order with your restaurant on Facebook or via your website’s chat window while engaging in conversation with the chatbot. It is an excellent alternative to having to call you or move over to an app to make the order. Furthermore, food-ordering chatbots …

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Healthcare Virtual Assistants: Use Cases, Examples, and Benefits

Businesses are benefiting from using these AI-enabled virtual agents to automate their normal processes and give customers round-the-clock attention. Through a user-friendly interface, either through a web app or a separate program, chatbots simulate human conversation. The future is now, and artificial intelligence (AI) technologies are on the rise. Chatbots have been introduced in many …

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What is Supervised Machine Learning ? How it Works Examples

How machine learning can work with APIs to improve data analyses It has enabled innovations like virtual assistants, self-driving cars, and personalised content recommendations, revolutionising how we interact with technology and the world. Reinforcement machine learning is the process of a system optimising and improving an algorithm through interactions with its environment. The algorithm learns …

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