Remove Customer Retention Remove Customer Voice Remove Effort Score Remove Net Promoter Score
article thumbnail

A to Z Guide to Customer Experience Definitions and Terms (Updated)

Lumoa

A handful of inspiring articles on customer centricity: How to empower your organization to improve customer experience by Lumoa, “ 7 Secrets Of Building A Customer-Centric Company Culture ” by Micah Solomon. There’re different metrics used today and it is important to understand the needs of your business.

article thumbnail

6 Most Popular Customer Experience Metrics and KPIs Explained Simply

Lumoa

According to The State of the Customer Experience survey that we did earlier in 2018, all companies track customer experience using one or several of the 6 world-wide recognised KPIs: Net Promoter Score (NPS), Customer Satisfaction (CSAT), Churn rate, Retention rate, Customer Lifetime Value (CLV) or Customer Effort Score (CES).

Metrics 172
Insiders

Sign Up for our Newsletter

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

article thumbnail

An Article On Customer Experience That Actually Makes Sense

GetFeedback

Voice of the Customer (VoC): A Voice of the Customer (VoC) program , also known as customer voice and Voice of Customer , captures, analyzes and reports on all feedback (expectations, likes, and dislikes of your customers) associated with your brand.

Article 337
article thumbnail

What is Customer Experience? Complete Introduction to CX

PeopleMetrics

Customer experience (CX) has become an essential cornerstone of modern business strategy. It helps you improve customer retention rates, efficiently focus on your highest-impact customers, and continually improve your services. But what is customer experience? Customer effort score (CES).

article thumbnail

Customer Experience Strategy: An A to Z Glossary

Lumoa

Properly integrated customer experience KPIs will expand their influence over the whole organisation and should be also followed by the whole organisation. net promoter score Net Promoter Score, or often, NPS, is a numerical part of the Net Promoter System, customer metric.

article thumbnail

Customer Care … CRM … Customer Experience — What’s the Difference?

ClearAction

Customer advocacy — word-of-mouth promotion (buzz marketing) of a brand by enamored customers. Customer lifetime value (CLV) — profitability of customers’ cumulative purchases. Customer retentionefforts to extend a customer’s duration of ongoing purchases.

article thumbnail

Customer Care … CRM … Customer Experience — What’s the Difference?

ClearAction

Customer advocacy — word-of-mouth promotion (buzz marketing) of a brand by enamored customers. Customer lifetime value (CLV) — profitability of customers’ cumulative purchases. Customer retentionefforts to extend a customer’s duration of ongoing purchases.