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CloudCherry – Tying Financial Goals to CX Metrics

CloudCherry

This requires a massive sea change in the metrics and strategy the profession is currently using to measure their success. CX can be tied to the financial goals of your business. Traditional CX metrics like customer satisfaction, customer effort and NPS are not directly tied to making money moves.

Financial 218
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Your CX Playbook for Financial Services

Kustomer

The time has come for financial services organizations to move from a transactional mindset to an engaging mindset. Customers want to feel financially confident, including having trust in their financial institutions to work in their best interests, and they expect service to be streamlined and personalized.

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Cleaning a Toilet vs. Calling Customer Support: 3 Factors Impacting the Customer Experience

InMoment XI

There are several problems with how most companies measure first call resolution: It is not measuring total effort to resolution. So it is measuring the call, but not measuring customer time and effort. Fewer issues, fewer calls, happier customers, better financial outcomes.

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Defining the Value of Customer Experience: A Guide for Creating CX ROI in A Constantly Changing World

Experience Investigators by 360Connext

Let’s explore customer experience management (CEM), its pivotal role in shaping customer lifetime value , and strategies for measuring the return on investment of CX initiatives. That’s a measurement that can help make your case, but it’s not necessarily the end-goal. But, leaders, take a deep breath!

ROI 143
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How to Choose a Partner for Your CX Program

InMoment XI

The scale of your CX program should align with your organization’s resources, goals, and customer base. It is necessary for you to set clear, measurable objectives from the outset, which can guide the design and implementation phases of your CX program and provide a clear way for evaluating success.

ROI 260
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Understanding the Customer Satisfaction Index and How to Measure It

Solvvy

You can take various approaches to measure customer satisfaction levels. Others may focus on a particular aspect, such as customer service or product quality. . However, calculating a customer satisfaction index for your business allows you to do both. What Is the Customer Satisfaction Index? Technology, 94%.

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Brand Equity: What It Is, the Benefits, and How to Build It

InMoment XI

For example, if a customer is looking for a quick OTC pain reliever, they may turn to Tylenol over a drugstore generic alternative because they know the brand and trust it. Brand equity is the measure of the perceived worth of a brand-name product, especially when compared to a generic equivalent product. Customer Preference.

Brands 492