article thumbnail

How to Prove the ROI of Your Online Training Program

Gainsight

As a training or operations professional, you’ve probably faced plenty of questions regarding ROI (return on investment) from colleagues when evaluating an online learning initiative. Remember to start by documenting the baseline metric and measure the changes upon implementing your training program.

ROI 52
article thumbnail

The ROI of ERP Systems

Circular Edge

Quantifying that value — the return on investment (ROI) of your ERP — is crucial to building a business case that justifies an ERP investment in the first place. But because ERP systems have the potential to touch so many different aspects of a business, quantifying their impact — and, therefore, their ROI — can be complex.

ROI 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Confirmit ROI Calculator – Definitions and Logic

Confirmit

The Confirmit ROI calculator enables Customer Experience professionals to measure the potential benefits of implementing a VoC program in their organization. Calculate your ROI. What Can I Measure With the ROI Calculator? Lower Cost of Sale. Get an ROI Consultation. Calculate the ROI for your CX activities.

ROI 52
article thumbnail

We Want To Be Customer-Centric: Now What!?

Experience Investigators by 360Connext

HOW exactly does a standard organization, built on the gospel of sales and customer acquisition, become customer-centric? Marketing and sales are the primary focus. They track sales, revenue, EBITDA, and profits, among other health measurements. So I asked, “What does that mean?” Short answer: It’s a marathon and not a sprint.

article thumbnail

How to Calculate Customer Experience ROI

Pointillist

By Swati Sahai The importance of calculating your customer experience ROI cannot be overstated—how will you build, measure and regularly optimize your customer experience efforts if you don’t know the return on your CX investments? You need the quantitative ROI to make a strong business case and obtain approval for continued investment.

ROI 59
article thumbnail

How to boost your business messaging with text abbreviations

BirdEye

Right approach Customer: "When is the sale ending?" Business: "The sale's end date is TBA! For instance, customers would likely skim through a lengthy text about a sale. But a short message featuring phrases like “Limited-time offer” or “BOGO sale” is more likely to grab their attention.

article thumbnail

The Top 4 Customer Experience Challenges and How to Overcome Them

GetFeedback

Similarly, instead of just focusing on the customer’s interactions with support, CX covers how they interact with marketing, sales, and any other customer-facing aspects of your company. Oftentimes, this is because it can be difficult to get momentum behind initiatives that require more effort to prove the ROI. Outdated documentation.