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ROI of Social Customer Service: How to Calculate It and Create a Strong Business Case

Natalie Petouhof

If a consumer’s flight gets delayed or she receives terrible food brought to the table, she might post on Twitter, Facebook, Instagram, Snapchat, and Yelp within minutes of the incident. The business results (cost savings or revenue generation) or the return on investment (ROI) for the social customer care initiative.

ROI 45
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5 Facts to End the ROI Debate on Customer Experience

Beyond Philosophy

In the United Kingdom, the NCSI portfolio earned a return of 59 percent from April 2007 to June 2011, and the FTSE 100 had a negative return of 6 percent.” According to the study, “the cumulative return of a $100 investment in the ACSI fund from April 2000 to April 2012 was $490, a gain of 390 percent. www.mckinsey.com. February 2006.

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Guest Blog: Why Convenience is a Key Differentiator in CX

ShepHyken

Similarly, as far back as 2011, RightNow’s 2011 Customer Experience Impact Report found that 55 percent of consumers said that easy access to support and information can make them fall in love with a brand. 74 percent said they will do repeat business with a company if their experience is easy.

Blog 115
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Intercom Transforms Customer Support With the Introduction of the Conversational Support Funnel

CSM Magazine

According to PwC’s Future of CX Report , 59% of all consumers feel companies have lost touch with the human element of customer experience and nearly 80% of American consumers say that speed, convenience, knowledgeable help and friendly service are the most important elements of a positive customer experience.

2011 52
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Pay Per Sale Telemarketing vs Per Appointment, Per Commission

Magellan Solutions

This tells you what the actual ROI is for your PPC campaign. Modern consumers are quite jaded because of the variety of choices they’re offered. Much was made of Google’s 2011 Search Ads Pause study. Moreso, it just may mean that the ad is loaded and never actually brought to a point on the page where it can be read.

Sales 40
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Time Inc. Acquires MySpace: It’s All A bout the Customer Data

Natalie Petouhof

Then in 2011 an ad network Specific Media, another Viant-owned company, scooped up Myspace for $35 million in 2011. It means marketers know they are serving ads to the actual consumer they want to be targeting, rather than making probabilistic bets based on browsing behavior. So why would Time Inc do that?

2011 65
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Power up your digital marketing: The game-changing guide

BirdEye

This enables businesses to optimize their efforts and achieve a better return on investment (ROI) compared to traditional marketing methods. B2C marketing, on the other hand, targets individual consumers with diverse needs and preferences. ROI: Improved return on investment through strategic planning and data-driven optimization.