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Top 5 Customer Service & CX Articles for the Week of May 29, 2023

ShepHyken

In his words: “No stock can escape the daily gyrations of the market, but when you’ve got a great company that knows how to give its customers exactly what they want—and what they need even if they didn’t know it existed—that’s a stock you can buy into market-wide wide weakness.”

2023 64
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Getting Company Culture and Operations Right, and Keeping Them Right: What It Really Means to Be Stakeholder-Centric This Labor Day

Beyond Philosophy

A recent article on corporate customer-centricity by a prominent market research firm made the case for this type of culture as “the most effective way to meet customers’ changing needs.” The author had several suggestions for building customer-centricity. Michael Lowenstein, Ph.D.,

Culture 83
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My 3 Crucial Lessons from These Customer Experience Entrepreneurs

Michel Falcon Experience

. It was in 2007 that I set a goal to become a customer experience consultant and keynote speaker. I recognized that the companies we admire have made a premeditated effort to put their customers at the core of their business. “Earth’s most customer-centric company.” Jeff Bezos.

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What Elephants and Customer Experiences Have in Common

CSM Magazine

The result of such workarounds regularly translates to a degradation of the customer experience. We saw this in the last big recession spanning 2007-2009. The customer was often abandoned, left feeling disappointed. Unleash the chatbot! For more ideas and inspiration, download our State of the Contact Centre Report 2022.

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5 Rules That Absolutely Build Customer Loyalty

Beyond Philosophy

Do you take their customers for granted? Customer-centric organizations do not. So that begs the question, which I’ve posted before, what emotions are you trying to evoke in your customers, and what emotions would drive loyalty? .

Loyalty 172
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Customer Success Story: American Family Insurance

ReviewTrackers

The ability to deliver trust-based customer experiences is one of the biggest challenges facing providers, brands, and organizations in insurance. In fact, this lack of trust in insurance providers has remained above 50 percent since 2007. According to IBM , only 43 percent of consumers trust the insurance industry.

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Thoma Bravo Acquires Calabrio to Accelerate Company’s Cloud-first Customer Experience Growth

CSM Magazine

Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sectors, and Calabrio , the customer experience intelligence company, today announced a definitive purchase agreement whereby Thoma Bravo will acquire Calabrio from KKR, a leading global investment firm. Accelerated Growth Path.