Remove Banking Remove CEM Remove Culture Remove Net Promoter Score
article thumbnail

What is a good Net Promoter Score?

Lumoa

Net Promoter Score in a nutshell. NPS, or Net Promoter Score, is a market metric that is used in many industries because it is an easy way to quantify how loyal customers are. In a nutshell, the Net Promoter Score asks “how likely would you be to recommend” a product or service to others.

article thumbnail

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. Understanding Customer Experience Management (CEM) Let’s start at the beginning. CEM is no different, but tracking metrics alone is not a strategy.

ROI 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

How to Set Industry NPS Benchmarks and Why It Matters

Lumoa

Net Promoter Scores are always an interesting topic of conversation, and industry NPS benchmarks even more so. A Net Promoter Score (NPS) is a metric used to measure customer loyalty and satisfaction. An NPS is calculated by subtracting the percentage of detractors from the percentage of promoters.

NPS 208
article thumbnail

Three Customer Experience Details Most C-Suite Leaders Overlook

Experience Investigators by 360Connext

Leaders today are charged with big, bold initiatives like “Cultural Transformation” without a playbook or even a proper goal. Another way we don’t really talk about CX is when we talk all about the Customer Experience Management (CEM) platform. I could hardly blame the person. But it got me thinking.

article thumbnail

Loyalty Programs!?! We Don’t Need No Stinkin’ Loyalty Programs!!!

Beyond Philosophy

Walmart, has been considering development of its own ‘house’ bank, which would provide even more customer data. Additionally, and again like Asda, these chains have said they will go back to the basics: clean stores, well-stocked shelves, reduced checkout time, clearly marked sale items, and creation of a more customer-focused culture.

article thumbnail

2015 Temkin Group CX Vendor Excellence Award Winners

Experience Matters

The NICE Real-Time Web Engage solution helps leading banks, hospitality, digital media, content providers, travel and entertainment companies create meaningful customer experiences on their websites. It’s the first trait we look for when hiring and it’s ingrained in our company culture. ResponseTek.

Groups 120