Sat.Apr 27, 2024 - Fri.May 03, 2024

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Medallia vs. Qualtrics vs. Lumoa: A Buyer’s Guide

Lumoa

Every interaction with your business has the power to build or damage the relationship with your customer – and can directly impact your revenue. 78% of customers have backed out of a purchase due to a poor customer experience (CX). The pressure is rising for businesses to step up their CX game. More than 80% of business leaders see customer experience as a growing priority in 2024.

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Top 5 Customer Service & CX Articles for Week of April 29, 2024

ShepHyken

Each week, I read many customer service and customer experience articles from various resources. Here are my top five picks from last week. I have added my comments about each article and would like to hear what you think too. 5 Reasons Why VIP Customers Are the Key to E-Commerce Growth by Josh Kim (Total Retail) VIP customers significantly impact a business’ bottom line, often contributing a substantial portion of total revenue.

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From Vision to Execution: Building Your Customer Experience Dream Team

Heart of the Customer

Building Your Customer Experience Dream Team Starting Out As the leader of a customer experience team, you want your team to be the best it can be. But what makes some teams rise above the rest? What can you do to truly unlock your business’s potential? And most importantly: how can you prove your success? […] The post From Vision to Execution: Building Your Customer Experience Dream Team appeared first on Heart of the Customer.

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Top 5 Game Changing Student Feedback Tools for Teachers

SurveySparrow

First and foremost, high five! Being here demonstrates that you are lovely and want to improve your students’ learning. Yes, Teaching, like us, is constantly growing! These days, gathering input is more than simply those tiny slips. It is about providing a more advanced environment in which students may genuinely open up. Why? Because their voices hold the key to improving teaching techniques and providing a more enjoyable learning experience for everybody This blog will introduce you to t

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The Ultimate Guide to Monetizing Customer Learning

Every decision that goes into your learning monetization strategy matters for your organization’s bottom line. Our research has shown a clear correlation between high program maturity (and ROI!) and choosing the right monetization strategy. This eBook contains clear, actionable ways to approach packaging and pricing models that will help your association grow revenue, improve profitability, and drive expansion into new markets.

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Hybrid Working: The Key to a Happier Customer Experience

CSM Magazine

Hybrid work is where office life meets your home comfort zone, making sure you get the best of both worlds. Far from being merely a band-aid solution during challenging times, combining remote work with regular office environments is carving its path as an enduring setup beneficial to everyone involved. Shifting towards flexible working spots is flipping the script on traditional office life and, it’s actually boosting how we serve up happiness to customers.

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Trends shaping the electric utility distribution business in the Eastern U.S.

West Monroe

The transition toward cleaner, more sustainable energy systems in the Eastern U.S—like elsewhere across the world—is complex and multi-faceted. From a policy, regulatory, and technology standpoint, utilities are also faced with the challenge of navigating a complex landscape of having to modernize the electric grid while simultaneously decarbonizing our economies.

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How to Manage and Monitor Online Reviews: 7 Steps (2024)

SurveySparrow

Online reviews are like a digital mirror for your business – they reflect perceptions of your brand through the eyes of your customers. Like the magic mirror in ‘Snow White’, they also have immense power, because they are the factor that will help a customer decide whether to choose you or your competitor. That’s why monitoring online reviews is crucial for any business.

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5 Capabilities of Business Intelligence for Social Media Monitoring and Analytics

CSM Magazine

With the vast amount of data generated on social media platforms every second, harnessing this information effectively can be challenging. In this article, we’ll explore five key capabilities of BI that empower businesses to monitor social media conversations, analyze sentiment, conduct competitor analysis, create customized dashboards and reports, and integrate social media data with other sources for comprehensive analytics.

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Customer Journey Map

The DiJulius Group

Using Customer Journey Mapping to Create Your Brand’s Signature Experience What is a Customer Journey Map, and why do you need one? Discover the importance of a customer journey map and how to build one, plus examples and templates to create your own. A well-thought-out customer journey map will enable you to establish a signature. Read Full Article The post Customer Journey Map appeared first on The DiJulius Group.

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The Verint Experience Index: Retail

Reports of the death of in-store shopping have been greatly exaggerated. This year’s retail survey found that more than 60 percent of consumers start and end their journey by visiting a store. Retail customers value price above everything, but the importance of other factors varies for different brands. In-store shopping is valued highly by grocery and home improvement customers Technology retail customers place less importance on in-store experiences – for them it only ranks sixth Digital exper

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How high-tech and software firms can bounce back from retention challenges

West Monroe

There has been a steady decline in net dollar retention rates for subscription software providers over the last couple of years. Industrywide, the median net retention rate declined to 111% in Q4 2023. While much of this has been driven by macroeconomic factors—such as seat compression due to market conditions, and historical over-purchasing fueled by recent rapid growth that has since tapered off—the reality is that an organization’s own operations are often partly to blame.

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It’s Time To Be More Strategic About AI In Customer Service

Forrester's Customer Insights

Generative AI has topped the list of customer inquiries and conversations I have been having this year. No surprises there. Interestingly, at least half of them have been about AI in customer service and chatbots, virtual assistants and knowledge bots for customers, which seem top of mind for most customer service leaders.

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The Vital Role of Emergency Communication and Employee Communication Software

CSM Magazine

You know, in this day and age, with all the craziness and uncertainty going on in the world, having the right communication tools in place can be an absolute lifesaver – both for businesses and the people who work for them. That’s where Emergency Communication and employee communication software come into play. Now, I get it; the idea of “emergency communication software” might sound a bit heavy, right?

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A Complete Guide to Generative UX Research

Alida

Generative UX research is like being a detective. You're digging deep to understand why your users do what they do. You're looking for those "aha" moments that reveal what your customers really need. It's all about exploring and generating new ideas, not just testing what's already there. Let's dive into what generative UX research is, its value, and how you can leverage it to achieve your goals.

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Strategic CX: A Deep Dive into Voice of the Customer Insights for Clarity

Speaker: Nicholas Zeisler, CX Strategist & Fractional CXO

The first step in a successful Customer Experience endeavor (or for that matter, any business proposition) is to find out what’s wrong. If you can’t identify it, you can’t fix it! 💡 That’s where the Voice of the Customer (VoC) comes in. Today, far too many brands do VoC simply because that’s what they think they’re supposed to do; that’s what all their competitors do.

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Transparency vs. Black Box AI: Navigating the Landscape of Feedback Analysis

Thematic

Around 2014, I was an AI consultant when several companies asked if I could help them use AI to save time analyzing open-ended survey responses. Since survey responses are traditionally coded by market researchers, I spoke to several of them about how AI can help. They all raised the same concern: I don’t want a black box! Fast forward 10 years, and the AI that most companies use today, is basically a black box.

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Digital CX and Design Trends Worth Watching in 2024

Forrester's Customer Insights

Read on to explore Forrester's take on the top digital CX and design trends to watch for in 2024.

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Service Recovery: Four Steps to Keeping Customers

CSM Magazine

We all make mistakes. If anyone tells you they never a mistake, that’s a lie. More likely, what those people actually are telling you is that, even when they make a mistake, they won’t own it. Owning our mistakes is a critical step in service recovery—and service recovery is critical to the success of your business, no matter what that business is.

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Nasuni Hybrid Cloud Data Platform Named DCIG Top 5 in Two Categories

Nasuni

Lance Shaw shares details about Nasuni’s leading hybrid cloud data platform earning a DCIG Top 5 spot in two different categories.

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Revolutionizing Contact Centers: Next-Gen Tech for Enhanced CX

Speaker: Liran Meir Frenkel, Performance Management and RPA Sr Product Marketing Manager at NICE; Harpreet Makan, Practice Director at Everest Group; & Santhosh Kumar, Practice Director at Everest Group

As contact centers navigate the challenges of delivering excellence within budget constraints and adapting to evolving employee expectations, optimizing agent tasks becomes crucial. Discover a holistic approach across three pillars - people, process, and technology - that is essential to excel in this dynamic landscape, and explore how next-gen technologies such as generative AI, performance analytics, and process intelligence play a pivotal role in transforming contact centers into advanced CX

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Apple Ushers In The Era Of Spatial Computing, Building On Computer Vision Advances

Forrester's Customer Insights

Devices like Apple’s Vision Pro use several technologies to mix the digital and physical worlds. One of them is computer vision (CV).