Have you ever been put on hold on a customer service toll free number? How did it make you feel especially when the matter was very urgent?
I had received a SMS for a debit on my international prepaid travel card, even though I was not traveling at the time. This meant someone was using my card even though it was physically with me. Panicking, I immediately called the toll free number prominently displayed at the back of my card. It took a while for the call to be picked up but I felt some relief knowing that there was a 24 X 7 service & was confident in dealing with the fraudster’s ‘Catch Me If You Can’ (remember the famous Hollywood movie?) challenge!
Did I expect too much?
After an initial greeting, and listening to my panic, I was asked to wait, while being transferred to the concerned department. What followed was a long hold with customary music. I was surprised that my call had to be transferred. All I wanted was for my card to be blocked. Surely that could have been done since my ID had already been verified?
Would some empathy have calmed me down?
While I was on hold, there were a few more fraudulent debits. The available balance was falling right before my eyes. I was witnessing a fraud happen live, quite helpless as I was still on hold. Soon the balance became zero, all the money was gone & so were the hopes of ‘catching’ the thief.
If only the call had been picked up in 3 rings, if only the employee had the authority to act immediately & block the card, instead of transferring the call, if only there was a provision to block the card myself online or via SMS…if only…if only… I would have not only saved money but stress, not to mention valuable time.
In all fairness, thanks to a resourceful relationship manager who would start taking action during banking hours the next day, the balance in my travel card was restored but it took several weeks including numerous follow ups.
While it may seem a pittance, there is undoubtedly a financial loss here born by the organization!
Experts in the field know about a study done by TARP (Technical Research Program) which confirms that a dissatisfied customer tells on an average 9-10 people of their experience whereas a satisfied customer tells 4 or 5.
Yet, do we consistently take actions that prevent problems?
Would setting up an efficient process have helped solved the problem effectively? Would consistently delivering the process have ensured a timely transaction & smooth customer interaction? Could customer dissatisfaction have been prevented?
Was this an opportunity for an enabled employee to create magic? Can we make First Time Right a priority?