Strativity

OCTOBER 16, 2017

Most companies agree that having an exceptional customer experience is a good thing. Customer experience transformations can produce benefits such as more loyal and satisfied customers; improved sales, marketing, and service capabilities; and increased employee engagement. Sample CX ROI Discounted Cash Flow Chart.

Return on Investment 40

Return on Investment ROI Customer Experience Financial 40

CX Accelerator

OCTOBER 7, 2019

More and more companies are realizing the importance of formalizing and strategizing the customer experience. However, many are unsure where to start, which leads to a common question, “How do you build a customer experience strategy?”. This article will help you understand what a CX strategy is and how to build one by.

Customer Experience 182

Customer Experience Contact Center Return on Investment Employee Experience 182

CX Accelerator

OCTOBER 7, 2019

More and more companies are realizing the importance of formalizing and strategizing the customer experience. However, many are unsure where to start, which leads to a common question, “How do you build a customer experience strategy?”. This article will help you understand what a CX strategy is and how to build one by.

Customer Experience 182

Customer Experience Contact Center Return on Investment Employee Experience 182

ShepHyken

OCTOBER 22, 2021

He shares six ways companies and their brands can deliver an exceptional customer experience. Companies and their brands are no longer built through advertising but through experiences, and these experiences are customer-driven.? . Here are six ways you can deliver an exceptional customer experience. .

Customer Experience 146

Customer Experience Management Return on Investment Banking 146

InMoment XI

SEPTEMBER 12, 2023

This article will walk you through how to conduct an effective competitive analysis, interpret the results, and turn those insights into actionable strategies. For example, if your marketing campaigns are not delivering the expected return on investment, or if your customer service is inefficient, these are issues that need to be addressed.

Marketing 260

Marketing Competitive Advantage Return on Investment Poor Customer Service 260

InMoment XI

NOVEMBER 10, 2016

The real value of customer experience programs is not in gathering customer feedback, but in putting the voice of the customer to work. View Article

Return on Investment 346

Return on Investment ROI Measurement Article 346

ShepHyken

MAY 12, 2019

Each week I read a number of customer service and customer experience articles from various resources. I have added my comment about each article and would like to hear what you think too. Bad Experiences Aren’t Always The Problem for Companies by Mary Drumond. Of course, customer service is part of the CX.

2019 93

2019 Article Loyalty Programs Customer Service 93

Lumoa

NOVEMBER 29, 2021

Is it possible to determine the ROI of customer experience, if so, how do you do that? In this article, we explain the relationship between revenue growth and customer experience. In addition, we share tools that will help you calculate the ROI of your own customer experience projects.

ROI 103

ROI Customer Experience NPS Financial 103

Lumoa

SEPTEMBER 11, 2023

For a company to grow, it needs to convert one-off customers into regular patrons. And the only way to keep them coming back for more is to provide a customer experience that they would like to revisit. In customer experience, as with any other business endeavor, failure to plan is planning to fail.

Definition 83

Definition Customer Experience Net Promoter Score NPS 83

ShepHyken

DECEMBER 12, 2016

Each week I read a number of customer service articles from various online resources. I have added my comment about each article and would like to hear what you think too. This is an excellent article to get you thinking about how AI could potentially be a part of (if it is not already) your marketing strategy.

2016 104

2016 Article Social Media Customer Service 104

Lumoa

SEPTEMBER 11, 2023

For a company to grow, it needs to convert one-off customers into regular patrons. And the only way to keep them coming back for more is to provide a customer experience that they would like to revisit. In customer experience, as with any other business endeavor, failure to plan is planning to fail.

Definition 83

Definition Customer Experience Net Promoter Score NPS 83

ShepHyken

NOVEMBER 1, 2019

This week we feature an article by Linda Taylor who writes about the importance of customer journey mapping in every organization in order to improve the customer experience. Customer Journey Mapping is a pictorial representation of the path a customer follows after coming in contact with a company.

Customer Journey Mapping 86

Customer Journey Mapping Customer Journey Customer Experience Touchpoint 86

InMoment XI

NOVEMBER 10, 2016

The real value of customer experience programs is not in gathering customer feedback, but in putting the voice of the customer to work. View Article.

Return on Investment 200

Return on Investment ROI Measurement Article 200

CSM Magazine

DECEMBER 8, 2022

In today’s business world, about 89% of businesses compete solely based on customer experience (CX). Building a solid customer experience strategy to attract new customers and retain existing ones is even more crucial for business success now. What is a customer experience strategy, and why is it important?

Net Promoter Score 52

Net Promoter Score Customer Experience Omnichannel Effort Score 52

InMoment XI

OCTOBER 24, 2023

In the era of customer-centricity, contact center analytics stands as a beacon, guiding businesses and contact centers toward informed, data-driven decisions. This article delves deep into the intricacies of contact center analytics, showcasing how they can be the linchpin in enhancing customer experience and driving business growth.

Contact Center 260

Contact Center Multi-Channel Net Promoter Score Metrics 260

Think Customers

JUNE 13, 2024

This article was written as part of a partnership between 1to1 Media and the European Customer Experience Organization. Talk to someone like Lynn Hunsaker and she’ll tell you there’s some 24 metrics to convey the value of the customer experience. She’s dissected and painstakingly diagrammed each one.

ROI 52

ROI Metrics Webinar Chief Customer Officer 52

ClearAction

SEPTEMBER 16, 2016

10 Silos Impact Customer Experience Lynn Hunsaker. This might be the highest-ROI effort of your customer experience council, chief customer officer, chief operating officer — or better yet, every employee. And the pain of business silos is well-known to everyone, whether employee or customer.

Customer Experience 106

Customer Experience Return on Investment Chief Customer Officer Customers 106

CX Accelerator

JANUARY 11, 2021

The all-too-sudden and tragic passing of former Zappos CEO, Tony Hsieh has sent a ripple through the business world, and the customer experience (CX) community is no exception. In the past, I’ve often chuckled upon reading about Zappos in a book or hearing the name mentioned in a keynote address as a model for customer-centricity.

Books 266

Books Return on Investment Magazine Culture 266

Ecrion

MARCH 27, 2020

They’ve undertaken large CX projects, and the vast majority of them think they deliver exceptional experiences. What is the cause of this disconnect, and how can we make more customer experience programs a success? I will argue below that Customer Experience providers need to be better Customer Success practitioners.

Customer Experience 74

Customer Experience B2C Customer Journey Mapping Metrics 74

Beyond Philosophy

NOVEMBER 10, 2014

For many years, there has been a debate whether you could assign a dollar amount to determine the return on investment for any Customer Experience improvements. Keeping Customers results in a high increase in value. The amount of Customers that leave does not represent small amount of business.

Net Promoter Score 164

Net Promoter Score ROI Customer Experience 2014 164

Alida

MARCH 21, 2018

Note: This article is part of our ROI Matters series , which explores the value of research ROI to C-suite executives and leaders in product innovation , customer experience, marketing and customer insight. . Further, they don’t contribute to the systematic design of superior experiences.

ROI 252

ROI Net Promoter Score NPS Telecommunications 252

VDS

MAY 6, 2020

More and more companies are realizing the importance of formalizing and strategizing the customer experience. However, many are unsure where to start, which leads to a common question, “How do you build a customer experience strategy?”. The C-suite needs to see, if there was a (customer) problem, yo…you solved it.

Customer Experience 52

Customer Experience Contact Center Return on Investment Employee Experience 52

CX Accelerator

JANUARY 11, 2021

The all-too-sudden and tragic passing of former Zappos CEO, Tony Hsieh has sent a ripple through the business world, and the customer experience (CX) community is no exception. In the past, I’ve often chuckled upon reading about Zappos in a book or hearing the name mentioned in a keynote address as a model for customer-centricity.

Books 182

Books Return on Investment Magazine Culture 182

Kayako

APRIL 15, 2019

We had the pleasure of hosting customer service and experience expert, Shep Hyken earlier this month for a half hour Q&A session on why customer experience matters so much and what businesses must do to create the best experiences for their customers. ” – Shep Hyken.

Customer Experience 67

Customer Experience E Commerce Hospitality E-support 67

ClearAction

NOVEMBER 18, 2017

8 Customer Experience Metric Silos Mask Momentum Lynn Hunsaker. Metrics selection can be the most pivotal decision you make in your customer experience management strategy. That’s why customer experience metric silos mask momentum as either an understatement or an overstatement of reality.

Metrics 67

Metrics Customer Experience Customer Experience Management Return on Investment 67

Lumoa

APRIL 28, 2024

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). That’s where customer experience platforms come in.

Feedback 83

Feedback Multi-Channel Consulting Social Media 83

Lumoa

FEBRUARY 16, 2023

It will help you gather valuable feedback, identify customer pain points, and work towards better solutions. This article will explain what VoC is, how to use it, and tips on creating your own voice of customer template for your business. In This Article: What is Voice of Customer(VoC) and Why Is It Important?

Voice of Customer 94

Voice of Customer Feedback Return on Investment Net Promoter Score 94

ClearAction

JANUARY 28, 2015

Exploring the Elusive ROI of Customer Experience Management. These promises as stated in the opening paragraph aren't so much about customers' well-being as they are about the company's well-being. Quick wins for near-term ROI increases are typical when setting out to manage customer experience formally.

ROI 89

ROI Customer Experience Management Customer Experience Management 89

Amity

FEBRUARY 24, 2016

Issue 77 - Customer Success Articles that are Certified Classics (Part 3). How do we decide which articles are Customer Success Classics? Well, to become certified classic, an article must be written well, easy to read, and most importantly, feature great content. Get your free Customer Success Hero shirt!

Article 48

Article Customer Success Return on Investment Customer Journey 48

CSM Magazine

APRIL 17, 2024

Research suggests 89% of customers who are contacted proactively report a positive experience that changes their perception. By proactively engaging customers, businesses can stay one step ahead, resulting in a more fulfilling customer experience and, ultimately, higher customer satisfaction rates.

Customer Service 52

Customer Service Return on Investment Social Media Customer Service Representative 52

Strativity

MAY 30, 2018

Despite this volatility, there appears to be a simple way to consistently outperform the S&P 500 Index—invest in a portfolio of firms that are leaders in customer experience. Many companies have had challenges connecting an improved customer experience to better financial returns.

2009 58

2009 Customer Experience Marketing 2018 58

Talkdesk

SEPTEMBER 18, 2020

Global contact centers and customer experience (CX) leaders are looking for solutions that act as a catalyst in the remote working environment, so their agents are more empowered to provide the services and support that customers need right now. Better customer experience is a result of effective agent engagement.

Management 116

Management Net Promoter Score Average Handle Time Contact Center 116

ClearAction

DECEMBER 28, 2017

Solving System Silos for Customer Experience Excellence Lynn Hunsaker. The irony of technology is that it’s often marketed as customer experience management , yet it inevitably creates its own set of customer experience snafus. What causes churn for customers causes churn for employees and investors.

Customer Experience 59

Customer Experience Technology Return on Investment Customers 59

ClearAction

MARCH 23, 2015

Customer Experience Governance: Do This, Not That. Governance doesn’t get much airtime in customer experience management conversations and writings. Customer experience governance is essential to ongoing success, especially in terms of enduring CX ROI (return on investment).

Government 86

Government Customer Experience Customer Journey Mapping Return on Investment 86

ClearAction

APRIL 16, 2024

Only 15% said their Voice of Customer is “very successful” at this. Return on investment depends on gains after vs. gains before spending. Before-and-after gains are highest when improvements are made to become more in-tune with customers. Make sure Voice of Customer is customer-centric.

Voice of Customer 62

Voice of Customer ROI Customer Centricity Return on Investment 62

CSM Magazine

NOVEMBER 3, 2023

Over the past 30 years, there’s been a significant evolution in client and customer needs and as we approach 2024, it is apparent to all industry leaders that our role as outsourcers has become one of a trusted partner to companies. study, 78% of consumers will leave a brand after one bad experience. and South Africa.

2012 59

2012 Return on Investment 2024 Financial 59

CX Workout - Ideas Blog

OCTOBER 3, 2018

The Most Misunderstood Thing About Customer Experience Design from Joe Wheeler on Vimeo. My name is Alexander Doak and I’m the Director of Customer Success at CX Workout. CX Workout is a Boston Based customer experience design firm, and a subsidiary of the Service Profit Chain Institute. Joe, over to you!

Customer Experience Design 40

Customer Experience Design Customer Experience Webinar Return on Investment 40