article thumbnail

How Prepared Are Financial Firms Feeling for Consumer Duty?

InMoment XI

In our recent virtual panel discussion, we explored how different financial firms are embracing the Consumer Duty Act and identified areas where most of their resources have been designated. Furthermore, the concept of “substantive compliance” was emphasized as a means to exceed expectations and gain a competitive advantage.

Consumers 492
article thumbnail

Google Reviews: Steps for Businesses to Succeed

InMoment XI

Whether you operate in retail, financial services, insurance, or any other industry, consumers will not purchase your product or services if you have poor Google business reviews. This can be a powerful motivator for potential customers who are considering a purchase or service. That couldn’t be further from the truth.

2024 260
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Emerging Customer Experience Trends in 2023

Lumoa

7 Customer Experience Trends to Know in 2023 Here are seven trends that will keep your customer experience strategy on top. #1 1 Customer insights are a company-wide resource Even just a few years ago, customer insights or feedback were collected and owned solely by the CX or marketing team.

2023 83
article thumbnail

State of Analytics In Customer Programs: Customer Loyalty Focus, Machine Learning Adoption and the Data Science Skill Gap

Bob Hayes

A new customer analytics survey of 80+ companies provides a look into the state of analytics in customer programs. Only 32% of respondents are satisfied with their company's use of analytics to create a competitive advantage. We studied 88 companies that have a formal customer program (e.g.,

Loyalty 113
article thumbnail

How Bad Customer Experiences Cost Your Business Big Money

Thematic

Snags like this can significantly dent customer satisfaction and loyalty. There is a common misconception: customer experience (CX) might seem vague, but it has a direct financial impact.  Streamlining  Streamlining the customer journey and reducing friction makes it easier for customers to spend money.

article thumbnail

Customer Experiences Might be Costing Your Business Big Money

Thematic

Snags like this can significantly dent customer satisfaction and loyalty. There is a common misconception: customer experience (CX) might seem vague, but it has a direct financial impact.  Streamlining  Streamlining the customer journey and reducing friction makes it easier for customers to spend money.

article thumbnail

Financial Advisors Propel Morgan Stanley To The Top Of Investment Firms In The US CX Index 2021

Forrester's Customer Insights

Discover how, and why they'll have a competitive advantage going forward. Amid massive market volatility and uncertainty, two investment firms were able to vault up the rankings in the Forrester US CX Index 2021.

2021 35