Remove Brand Values Remove Customer Connectedness Remove Measurement Remove Metrics
article thumbnail

Simple Lessons From Great Clips’ Success

Experience Matters

Great companies have employees that understand and embrace their role in delivering on brand promises. This is also the essence of one of our four CX core competencies, “ compelling brand values.” Simple, Powerful Metrics. My take : When it comes to metrics, less is often better.

article thumbnail

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

Lumoa

Customer churn is the opposite of retention. Customer churn is a critical metric because it is much less expensive to retain existing customers than it is to acquire new customers. Purposeful Leadership: Leaders operate consistently with a clear set of values. So why should you care?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Examining Amazon.Com’s Relentless Customer Advocacy

Experience Matters

To measure the effectiveness of Amazon.com’s customer service, the company asks a simple question: “Did we solve your problem?” The answer to that question is the only key metric. Gathright also said that the company believes in “hiring the right people and getting out of their way.”.

article thumbnail

An Article On Customer Experience That Actually Makes Sense

GetFeedback

At this level, you’re also working on developing a customer experience strategy. Stage 4 —O perationalize: You begin to re-design your company’s operational processes based on customer insight and other customer experience metrics. Stage 5 — Align: Being customer-centric is the norm in your company at this stage.

article thumbnail

11 Customer Experience Trends for 2016 (The Year of Emotion)

Experience Matters

As you can see in our video Driving CX Transformation , customer-centric culture requires mastering four CX core competencies : Purposeful Leadership , Compelling Brand Values , Employee Engagement , and Customer Connectedness. Effort Metric Expanding. Customer Journey Designing.

Trends 120
article thumbnail

Customer Experience Strategy: An A to Z Glossary

Lumoa

Churn Customer churn happens when a customer/subscriber stops doing business with a company. Customer churn is the opposite of retention. Customer churn is a critical metric because it is much less expensive to retain existing customers than it is to acquire new customers. So why should you care?

article thumbnail

A to Z Guide to Customer Experience Definitions and Terms

Lumoa

Churn Customer churn happens when a customer/subscriber stops doing business with a company. Customer churn is the opposite of retention. Customer churn is a critical metric because it is much less expensive to retain existing customers than it is to acquire new customers. So why should you care?