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2023 Banking Outlook: Mid-Year Update

West Monroe

In our 2023 Outlook: The Future of the Banking Industry , we anticipated murky waters and a rising need for the use of digital solutions to better evaluate profitability, identify key customer touchpoints, and work to prevent deposit outflows and overconcentration. This urgency has only increased.

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Referral marketing software for the win: Our top 20 picks

BirdEye

Benefits of doing referral marketing A whopping 83% of individuals trust referrals or recommendations from friends and family more than any other marketing channel. It offers customizable campaigns, real-time tracking, and powerful analytics, helping businesses to identify key influencers and track ROI.

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The Future of Live Engagement Is Here as Vee24 Launches V11 Intelligent Conversational Experience

CSM Magazine

Vee24 , the leader in intelligent, conversational, multi-experience solutions, today announced the launch of its latest release, raising the bar for live online customer engagement. Vee24 is an intelligent, conversational, multi-experience platform for customer-centric teams. About Vee24.

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Increase revenue with local lead generation

BirdEye

These channels let businesses set up parameters based on demographics like age, gender, and interests. Better ROI Localized lead generation can produce a better return on investment (ROI) by streamlining your marketing efforts to target customers who are more likely to convert. Then work to encourage customers to leave reviews.

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Pay with points: unlocking loyalty program value

Currency Alliance

It also implies that the customer can do this quite easily and freely, across a large proportion of a brand’s inventory, in its primary commerce channels. In short: it will increase loyalty engagement by enabling greater freedom and choice around redemptions; and, when dynamic value allocation is incorporated, will produce greater ROI.

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NPS Benchmark for Industries and Affecting Factors

SurveySensum

The survey channel and the methodology that you used to conduct the survey will have an impact on the NPS score as well. However, in the finance industry comprising the insurance and banking sectors, the customer expectation would be centered around perfect customer service. Use your previous NPS score as a benchmark.

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11 best Voice of the Customer tools to listen to your customers effectively

SurveySensum

It not only automates the entire process of capturing customer feedback, but it also gathers it from multiple channels like website, in-app, social channels, surveys, emails, etc, and stores them in one place. ROI-assurance . It uses a multi-layered analysis tool to identify the customer’s intent while writing feedback.